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When NOT to Start or Quit Copy Trading?

The forex ends its day at 5pm New York time. We do not recommend starting or ending copy trading between 4pm and 7pm New York time as spreads are up to 10x higher during this time. Here is a link where you can see that: https://www.oanda.com/rw-en/trading/historical-spreads/

For example, if you stop copying over the weekend, then all open positions will be closed at Sunday’s opening at 5pm AT MARKET. That’s not very smart, and costs a lot of money. It is exactly the same when you start copying at the weekend. Then cTrader buys all open positions on Sunday at 5 p.m. New York time in the depot at massively higher prices, since the spreads are up to 10 times as high.

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Risks
We act responsibly and take only small risks, nevertheless losses can occur. You are responsible for the transactions on your account. You should not start copy trading unless you are willing to lose all or a large portion of your funds.

Liability
In no event shall we (fct.trading) be liable for any loss or damage of any kind (including consequential or indirect damage or loss of profit) that may arise as a result of copy-trading. Trading financial products (such as forex, contracts for difference, stocks, options) can be associated with a high level of risk.

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