Risk warning
Trading carries a high level of risk. COE copies trades in gold (XAUUSD), which TradeQuo offers with leverage. Prices can move quickly against you and you can lose all the money in your trading account. On a small account, a copied trade below TradeQuo's minimum size is rounded up to that minimum, so the account carries more risk than its size suggests. Past performance is not a reliable indicator of future results.
Please read this page before you connect an account. COE does not know your circumstances and gives no advice. Only use money you can afford to lose, and if you are unsure, take independent financial advice.
1. Gold and leverage
Gold prices can move sharply, most of all around economic news and when the market reopens after a weekend or holiday. At those times the price can jump past a stop loss, and the trade closes at a worse price than the stop.
TradeQuo offers gold with leverage. That means a small change in the price makes a large difference to your account, in either direction. One bad trade can lose more than you expected, and a run of them can use up all the money in the account.
2. Copied trades
- Each copy is sized to your account's equity against the master's. A larger account takes larger copies, with larger gains and losses.
- On a small account, a copied trade below TradeQuo's minimum size is rounded up to that minimum, so the account carries more risk than its size suggests.
- Your results will not match the master's exactly. Prices, timing, costs and lot rounding all make a difference.
- A trade can be copied late or not at all if our server, the internet, MetaTrader 5 or TradeQuo has a problem. A copied trade may not close when the master's does.
- If we stop all copying because something looks wrong, closes are not copied either while that lasts. Copied trades keep the stop loss and take profit held at TradeQuo.
- When you pause, open copied trades are still managed until they close. When you disconnect, they stay open in your account and are yours to manage.
3. The master's record
The record on the Master page is from a TradeQuo demo account. A demo account trades with virtual money at TradeQuo's demo prices, so no real money was at risk, and prices and fills on a live account can be worse.
It covers only the time since the master account was connected to COE. Past performance is not a reliable indicator of future results.
4. Our fee
Our share is taken from profit, which lowers your net return. It is charged after each trading day on profit above your previous best, so if a good day is followed by losses, the fee paid for the good day is not refunded.
5. Your account
Your account is with TradeQuo, and so is responsibility for its margin. If the account runs short of margin, TradeQuo may close trades, copied or not, at the market price. Check your account in your MT5 app.