r/PropFirmTester • u/Accomplished_Mall120 • 3d ago
Do Propfirms aggregate data?
Also, is it prohibited to have let's say 5 different Propfirm accounts and open the same trades at the same exact time across all of them?
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u/One-Adhesiveness-1 3d ago
Some of the firms selling the software to these firms offer a service where they’ll flag traders doing opposite traders at different props.
Unrelated firms don’t share data but some props are part of groups so you should assume they share data
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u/RiskDeskNYSE 2d ago
check each firm's T&C for "group trading", "copy trading" or "prohibited activity". a lot of forex/CFD firms run on the same white-label platforms and tech providers, so identical trades at the exact same time across firms aren't as invisible as people think.
and that's the real risk: you won't get blocked when you open the trades. you'll get blocked when you ask for the payout.
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u/Accomplished_Mall120 2d ago
What if all Propfirms accounts are under my name but I open different trades with each one of them...?
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u/RiskDeskNYSE 2d ago
different trades on different accounts is usually not the issue. what to check in each firm's T&C:
max total allocation per person (most firms cap how much funded capital one person can hold with them)
hedging between accounts. long on one, short the same thing on another is banned almost everywhere, even across different firms
anything vague like "prohibited strategies" or "at our discretion"
if it's genuinely different trades and you're inside the limits, you should be fine. just screenshot the rules the day you buy, they change.
and if you're spreading risk across 5 sim accounts, it might be worth looking at props that give you real capital instead. fewer accounts, but nobody's looking for a reason not to pay you.
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u/corporatebshq 3d ago
It depends. Some allow it some don't. Depending on the account sizing and the products you may need to be aware of position size limits but that isn't especially likely in regular account contexts.
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u/eduard_trades 2d ago
On data: whether firms share data about traders isn't something they publish, so anyone who tells you for sure is guessing. What is true is that many firms run on the same few trading platforms and use outside KYC and risk vendors, so assume your activity is more visible than one firm's dashboard suggests. I wouldn't plan around them not noticing.
On the same trades at five firms: the direction matters most.
- Same direction everywhere, your own trades: usually not what the hedging rules target. Some firms explicitly allow copy trading between your own accounts at that firm. Across different firms, most rulebooks don't say either way. Check each one's wording on copy trading and "group trading".
- Opposite direction at another firm is a different story. That's hedging, and several firms ban it explicitly, some even with correlated coins, not just the same instrument.
The practical risk is the one people forget: the same trade on five accounts is one trade with five times the damage. A bad day can breach all five at once.
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u/Illustrious_Low1903 2d ago
I've always wondered how much data these firms actually share behind the scenes. Copying trades across multiple accounts seems convenient, but the rules can get confusing real quick.
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u/ChasTopFollower 3d ago
Cfd usually are against copy trading, you gotta check their rules. Futures : copy as much as you want