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Last reviewed: 30 May 2026

Forex safety

Copy Trading Provider Audit Sheet

A copy trading audit sheet for checking provider history, drawdown, risk, broker dependency, fees, trade frequency, disclosure, and stop rules.

Audience

Copy trading learners

Format

Provider audit

Time

30 minutes per provider

Copy trading can make risk feel invisible because someone else presses the button. This audit sheet makes the risk visible again. It helps you record what the provider actually does, how much drawdown they tolerate, what fees are involved, and when you would stop copying.

Use this when

  • You are evaluating a MetaTrader signal provider, copy trading service, managed account claim, or trading group.
  • You want to compare providers without relying on screenshots or hype.
  • You need a written stop rule before any live money is involved.

How to use it

  1. Record the provider's verified history and what is not independently verifiable.
  2. Focus on drawdown, trade size, leverage, and recovery behaviour before returns.
  3. Check broker dependency, fees, minimum account size, and withdrawal access.
  4. Run the provider on demo or a tiny test before risking meaningful money.
  5. Define the exact drawdown, behaviour, or rule break that makes you stop.

Copy-ready template

Copy this provider audit sheet

Provider identity

  • Provider name:
  • Platform or signal source:
  • Track record link:
  • What is independently verified:

Risk profile

  • Maximum historical drawdown:
  • Average trade size:
  • Uses martingale/grid/recovery? yes / no / unclear
  • Broker required:
  • Fees or profit share:

Stop rule

  • Demo test period:
  • Maximum drawdown I will tolerate:
  • Behaviour that makes me stop:
  • Decision: reject / demo only / tiny test / continue watching
Provider identity
- Provider name:
- Platform or signal source:
- Track record link:
- What is independently verified:

Risk profile
- Maximum historical drawdown:
- Average trade size:
- Uses martingale/grid/recovery? yes / no / unclear
- Broker required:
- Fees or profit share:

Stop rule
- Demo test period:
- Maximum drawdown I will tolerate:
- Behaviour that makes me stop:
- Decision: reject / demo only / tiny test / continue watching

Mistakes this template helps prevent

  • Ranking providers by monthly return without studying drawdown.
  • Ignoring whether results depend on a specific broker or account type.
  • Copying with money you cannot afford to lose.

Important note

This is a planning and record-keeping template, not legal, financial, tax, employment, or trading advice. Use it to organise your thinking and keep better notes. For regulated, tax, or high-risk decisions, verify details with the relevant official source or a qualified professional.