Enugu Copy
Copy trading

Copy trading

Copying someone means copying their risk settings. The numbers to ask for before you do.

Desktop terminalXAU/USD · H1 · our schematic, not a capturemarket watchXAU/USDXAG/USDEUR/USDGBP/USDUSOILxau/usd · h1TARGETENTRYSTOPopen positionXAU/USD0.10 lot · buystopsetswapnightlyp/lrunningCloseMargin was locked when this opened, and is released when it closes.
On a phonexau/usdpriceliveM15H1H4D1W1SELLmarketBUYmarketposition0.10 lotstop set · alert onModifyOne tap is a real order.
Two accounts, one set of decisions. What is copied is the risk setting, not the judgement.

What you are buying when you copy somebody

You are not buying their skill. You are buying their risk settings — the size they take, the leverage they hold, how long they sit in a loss — applied to your money at whatever fraction you set.

Which means a strategy that suits an account ten times the size of yours can be the wrong strategy on yours, while being exactly the same trades.

The number to ask for is not the return

Ask for the deepest drawdown and how long the account stayed under water. A curve that doubled and halved twice on the way is a different product from one that ground out the same end figure, and only the second one is survivable at your size.

Then run it on your own balance: what would that drawdown have cost you, at the size you plan to copy at? The profit calculator turns the percentage into money, which is the only form worth judging.

What we have not measured, and will not pretend to

We publish no leaderboard and no provider ranking. We have not audited anybody's track record, and a list of top traders assembled from screenshots is worth less than nothing, because it looks like evidence.

What can be checked is the account the copying happens in — which entity holds it, under which licence, and what a round trip costs there. That is the part of this decision with documents behind it, and it is the part we do publish.

Ready to size the trade

Run the numbers, then trade XAU/USD

FxPro gives Nigerian traders MT4, MT5, cTrader and FxPro Edge for gold, funded by local bank transfer, card, e-payment or crypto. Confirm the entity serving you and check any broker on the SEC Nigeria register before you send money.

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FAQ

Common questions

Whose money is at risk when I copy a gold trader?

Yours. Copy trading links your account to another person's orders, so their losses become your losses in proportion to your copied size. The strategy provider risks their own capital under their own settings, which may differ from yours. Decide your maximum loss per trade before you copy anyone, and set it in your own account.

What should I ask before copying a gold strategy?

Ask for the full track record including drawdown, the lot sizes used, whether the provider trades other instruments, and how long the account has been live. Ask whether the history is verified and whether the strategy uses stops. A high return figure without drawdown data tells you almost nothing about the risk you are taking on.

Does copy trading remove the need to understand position sizing?

No. You still choose how much of your balance to allocate and how copied trades scale to your account. If the provider trades 1 standard lot of gold and your balance is small, the copied position can be far too large for you. Use the position size and margin calculators on your own account before enabling copying.

Can I stop copying a gold trader at any time?

You can normally stop copying, but that does not automatically close positions already copied into your account. Open trades remain yours to manage, and on gold a fast move can turn a small loss into a large one quickly. Check how the platform handles existing positions before you enable any copy relationship.

Is copy trading regulated in Nigeria?

Copy trading arrangements sit under the broker and platform terms, so the protections depend on the entity holding your account. FxPro is licensed by the FCA (UK), CySEC and FSCA; confirm any broker on the SEC Nigeria register of capital market operators. Past performance of any strategy provider is not a promise of future results.