Cloud Trade Copier Ban: Why Propfirms and Brokers Are Saying No (Risks & Security Explained)

In recent months, a clear trend has emerged: propfirms and brokers are increasingly banning the use of cloud trade copiers. But what are the real reasons behind this move, and what risks do these services pose to traders?

What Is a Cloud Trade Copier?

A cloud trade copier is a service that allows you to copy trading operations between different accounts via remote servers. These systems often require you to enter your trading account credentials on an external platform.

The Security Problem: Credential Sharing

The main reason propfirms and brokers are banning these services is the requirement to share your account credentials (login, password, and sometimes even two-factor authentication codes) with a third-party service. This is a serious vulnerability:

• Credentials can be intercepted or misused
• Increased risk of fund theft or account manipulation
• The user loses direct control over their account security

"No professional trader should ever share their credentials with unregulated third-party services."

Why Are Propfirms and Brokers Banning Cloud Copiers?

Propfirms and brokers are responsible for client fund security and regulatory compliance. Allowing access to cloud copier services means exposing accounts to uncontrollable risks. Key reasons include:

• Violation of internal security policies
• Risk of unauthorized access
• Difficulty tracking responsibility in case of incidents
• Potential violations of data protection regulations

Practical Example

A trader provides their MT4/MT5 credentials to a cloud copier service. If the service is compromised, an attacker can access all linked accounts, withdraw funds, or execute unauthorized trades.

Are There Regulations That Forbid This?

Currently, most European (ESMA, MiFID II) and international regulations strongly discourage credential sharing, but do not always explicitly forbid it. However, many propfirms and brokers have internal policies that prohibit this practice and may close accounts or void profits if violated.

"The responsibility for credential security always remains with the account holder."

Safer Alternatives: Local Copiers and Official APIs

To avoid these risks, the best solution is to use local trade copiers (like Copiix) that do not require sharing credentials with third parties, or to rely only on official APIs provided by your broker.

Example of a Secure Setup

- Install Copiix locally on each terminal
- Configure Provider and Copyer without ever sending credentials to external servers
- All data remains under the user's control

Conclusions and Outlook

The trend toward banning cloud copiers is likely to grow, especially as security and privacy regulations become stricter. Traders should avoid any service that requires credential sharing and prefer local or officially integrated solutions.

Have you experienced issues with cloud copiers or bans from propfirms? Join the Copiix community on Telegram and share your experience with other traders!