Copy Trading and Execution

In short — before you connect

Copy trading does not mirror our account perfectly. You connect to the trading logic, but the trades execute through the exchange's infrastructure. An execution layer sits between our trade and yours, so entries and exits can differ.

Even when you follow an experienced trader, your capital stays at risk — past results do not guarantee future ones. Several regulators, the FCA among them, classify copy trading as portfolio management and require the corresponding obligations: suitability checks, risk disclosure and reporting. Connecting does not remove your responsibility for your own choice.

1. Why results diverge

Copy trading automatically mirrors a chosen trader's actions on your account. The platform turns their signals into orders on your account and executes them without your involvement. The main sources of divergence:

• Entry and exit price. Latency, slippage, different order queues and volatility mean your trade opens or closes at a different price. Even a small divergence matters a lot at high leverage.
• Position size. The exchange sizes the position from your margin, existing positions and copy settings, so the share of your deposit differs from the lead account.
• Liquidation price. Because entry price and margin share differ, liquidation on your account can trigger earlier.
• Averaging and hedging. If free margin is insufficient, the exchange may not execute additional entries, partial closes or hedges. You then copy a distorted version of the strategy rather than the whole of it.
• Fees and funding. Differences in fees, funding and holding conditions also affect the outcome. Even when the position chart looks identical, PnL can differ.
• Technical risk. Any automated service is exposed to delays and failures. Network latency, API errors and server latency can produce significant slippage and fills at prices other than expected.

2. Legal limitations

• Not investment advice. All Ronin Systems material is published for educational purposes and is not individual investment advice. Nothing here guarantees a return; past results are not an indicator of future ones.
• No discretionary management of your funds. You do not hand money to Ronin Systems — funds always remain in your account. You give the exchange a mandate to execute a chosen trader's signals. We cannot change your account settings, close positions or manage your margin; you do that.
• Copy trading risk. Copying trades, even from experienced traders, carries a high level of risk. The main exposures: choosing an unsuitable trader, losing control over decisions, market volatility, hidden fees, platform failure and fraud.
• Regulation and restrictions. Regulators treat copy trading as a financial service and require licensing, disclosure and product suitability controls. We do not operate in jurisdictions where such services are prohibited. You must confirm that using copy trading complies with the law where you live.
• No responsibility for execution. We publish our own trades and strategy but do not control the technical execution of orders on the exchange side. Network delays, server timing and APIs can cause serious slippage, and a stop-loss can fill worse than expected.
• Confidentiality and security. Keep credentials and API keys secure: a leak can lead to unauthorised trades and losses.

3. Recommendations for subscribers

• Use licensed platforms. Choose venues authorised in credible jurisdictions and verify their status.
• Do your own analysis. Before copying, assess the market and the strategy yourself. Experienced traders are wrong too.
• Watch your risk size. Do not put everything into copy trading, keep free margin, and avoid maximum leverage. Ideally test on a small deposit first.
• Check fees and terms. Study the platform's fee structure, including hidden charges: they affect the result noticeably.
• Monitor the account. Copy trading is not passive income. Check trades, liquidation price and copy settings regularly.
• Avoid unrealistic promises. Platforms promising guaranteed income or easy money usually rely on aggressive marketing.

4. Conclusion

Ronin Systems is built as a trading desk and a research lab, and we share our analysis and experience. Copy trading is a technical option for a subscriber to connect to that trading logic. The exchange remains the intermediary; the risk and the responsibility for using the feature are yours.

Our goal is transparency: we disclose the risks, we do not promise returns, and we advise acting deliberately within your own risk management.