When one trade on your Master is copied to every prop firm account you run, a bad day is copied too. Prop firm risk management in TradeCloner is a set of guardrails that act on each copied account on its own: a daily profit target and daily loss limit per account, a pause around high-impact news, trading hours, Follower Protection for the moment your Master goes flat, blown-account detection, Rule Guardian, and spoken alerts when a connection drops.
TradeCloner is a cloud-based futures trade copier for prop firm traders. You trade one Master account and its trades are copied in real time to your follower accounts. The tools on this page decide what happens to those followers when something goes wrong.
None of them can promise that an account passes, stays funded or never breaks a rule. They act on numbers you choose and events your broker reports. Your firm's own rules and dashboard remain the authority.
Daily profit target and daily loss limit per account
On the Risk Management page you can give any connected account two numbers:
- a Daily Profit Target, the most you want that account to make in a session before it stops
- a Daily Loss Limit, the most you are willing to let it lose in a session
When a follower reaches either number, TradeCloner does two things:
- It flattens the account. Open positions are closed and working orders are cancelled.
- It locks the account. No new copies are sent to it until the session resets.
Locks reset at 5 PM ET, Monday to Friday, so the follower starts copying again in the next session.
Your Master is handled differently. If the Master hits its limit, it is flattened but never locked. TradeCloner can stop copies going to an account, but it cannot stop you placing trades on your Master by hand at your broker, so a lock there would not mean anything.
One honest limit on what this can do: a flatten is sent as a market order and fills at the market price. In a fast market the final result for the day can be worse than the number you set. For that reason, set your own daily loss limit with room to spare inside your firm's.
News, trading hours and a daily trade cap
Three more controls decide when a follower takes new trades:
- News pause. Copying of new positions pauses around high-impact economic news events. It is on by default for every copy group. Exits still copy during the pause, so closing a trade on the Master still closes it on your followers.
- Trading hours. Copying of new positions can be limited to set trading hours. On the Risk Management page, set a Trading Session (ET) for an account, or a Time Window for a group under Custom Risk Rules. Leave it blank for no time restriction.
- Max Daily Trades. Set per account. The account stops accepting copies after that many successful trades in the day.
When the Master goes flat: Follower Protection
A follower's closing order can be rejected or miss a fill while the Master's exit goes through. Follower Protection covers that case: when the Master goes flat, any follower still holding the copied position is closed. You turn it on per copy group, in the group's copy settings, with a short delay so followers have time to fill their own exits first.
It reacts to one event, the Master going flat, and does not try to force followers to match the Master at other times. It does read what the follower actually holds in that contract when it acts, so if you also trade a follower by hand in the same contract, that position can be closed too. Keep hand-placed trades on a different contract or account.
Blown-account detection
Prop firm accounts get closed: a limit is hit, an evaluation ends, an account is retired. When the broker reports that an account has been closed, TradeCloner suspends copying to that account. Your other followers keep copying, and orders stop going to an account that can no longer trade.
Rule Guardian
Rule Guardian is TradeCloner's tool for keeping your accounts in line with your prop firm's rules. It adds to the firm's own dashboard and does not replace it. If the two ever disagree, trust your firm.
Spoken alerts and one-click flatten
A copier can only copy while it is connected to your broker. If a connection drops, TradeCloner shows a red alert in the app. Turn on Audio Alerts and it also speaks the alert out loud, naming the connection and telling you to check for open positions, so you hear it while your eyes are on the chart.
If you need out fast, the Console can flatten a whole copy group in one action, or one instrument across the group.
Set it up in six steps
- Connect your accounts. Go to Connections, then Add Connection, and connect each login.
- Set your daily numbers. Open Risk Management, click the pencil on an account to open Set Risk Limits, and enter a Daily Profit Target, a Daily Loss Limit or both. Add Max Daily Trades and a Trading Session (ET) if you want them, then Save.
- Check the Enabled toggle. Saving at least one limit turns risk management on for that account. The Enabled column shows it.
- Turn on Follower Protection. In Groups, open your group's copy settings, switch on Follower Protection and pick the delay.
- Turn on spoken alerts. In Settings, then Notifications, switch on Audio Alerts and press Play sample to check your speakers.
- Watch the Console. A locked follower shows a red lock next to its name, with the reason in the tooltip.
Position size is the other half of risk control. If a full-size contract is too much for some followers, see how to copy a mini contract as a micro.
What this does not replace
Prop firms set their own copy trading rules and change them often. Check your firm's current rules before you connect a copier.
The limits on this page are numbers you choose, not your firm's rules. TradeCloner cannot see every rule your firm applies, and it cannot undo a breach once the broker has recorded it. Keep reading your firm's dashboard, keep the Console open while you trade, and treat these tools as a second line of defense, not the first.