Trading foreign exchange, CFDs, and other leveraged instruments carries a high level of risk and is not suitable for everyone. Please read this before connecting a live account.
1. Leverage can lose more than you deposit
Leveraged trading amplifies both gains and losses. A relatively small market move can result in losses that exceed your initial deposit. Only trade with capital you can afford to lose.
2. Copying another trader is not a guarantee
Mirroring a maestro's trades does not guarantee similar results. Differences in account size, broker execution, timing, and the risk settings you choose (position sizing, per-maestro caps) mean your outcome can differ meaningfully from theirs. Past performance — a maestro's or anyone else's — is not indicative of future results.
3. Execution is not instantaneous
MeloCharts's signal architecture works by publishing a maestro's trade and having your own terminal poll for and execute it, typically within a few seconds. This is not sub-second, co-located execution — price can move between when a maestro trades and when your account mirrors it, especially in fast markets. If speed of execution matters to your strategy, understand this delay before relying on MeloCharts.
4. Technology and connectivity risk
Copying depends on your MetaTrader terminal staying connected and running, on your broker's platform being available, and on MeloCharts's infrastructure operating normally. Any of these can fail or be delayed — a broker outage, a terminal disconnect, or a network interruption can cause a trade to be missed, delayed, or executed differently than intended.
5. MeloCharts is not a broker or adviser
MeloCharts is execution and analytics software. It does not hold client funds, does not act as your broker or counterparty, and does not provide personalized investment advice. Every trade executes directly on your own account, at your own broker, under whatever terms you have with that broker.
6. Risk controls reduce but don't eliminate risk
The risk engine (equity-based position caps, margin guard, per-maestro limits) is designed to reduce the chance of a single copied trade causing outsized damage — it does not eliminate market risk, gap risk, or the possibility of loss.
7. Your responsibility
You are solely responsible for deciding which maestros to follow, what risk settings to use, and whether copy trading is suitable for your financial situation. Consider seeking independent financial advice if you're unsure.
By connecting a broker account to MeloCharts, you acknowledge that you have read and understood this Risk Disclosure.