Social trading
Social trading allows someone to follow a trading strategy without manually trading themselves.
Gold in one minute
Gold is commonly traded as XAU/USD — the price of one ounce of gold in US dollars. Prices move both up and down, so a strategy trading gold can gain and lose.
What social trading does not remove
Following a strategy changes who makes the trading decisions. It does not remove market risk, broker risk or strategy risk.
Social trading explained
Social trading allows someone to follow a trading strategy without manually trading themselves.
With Sonic AI, the user opens their own trading account with TAG Markets and connects it through CopyX to the Sonic strategy.
The user does not need to:
- analyse charts
- decide when to buy or sell
- manually place individual trades
- Your TAG Markets account
- CopyX
- Sonic AI
- Trades automatically followed
When Sonic opens or closes a trade, trading activity is automatically mirrored on the connected account.
What does CopyX do?
CopyX is the technology layer that connects the trading account to Sonic and handles the copying process automatically.
CopyX
Creates the connection.
Sonic
Provides the trading strategy.
TAG Markets
Holds and provides the trading account infrastructure.
Strategy protection
Followers can participate automatically without Sonic's live open-position information needing to be publicly exposed in real time.
Closed trading history and historical performance can be reviewed afterwards.
TAG Markets
Your broker and trading account
CopyX
Connects your account to the strategy
Sonic AI
The trading strategy you choose to follow
Risk
Trading financial markets involves risk. The three categories below all apply at the same time and none of them can be removed by following a strategy.
Trading risk
A 24x account closes automatically at 5% drawdown on the portfolio — that requires 100 consecutive losing trades. A 12x account needs 200 consecutive losing trades to close. In 16+ months of live trading, the highest number of consecutive losses ever measured was 2.
Broker risk
The risk that the broker itself defaults. This is mitigated by regulation (including Mauritius FSC, South African FSCA, CySEC pending), scale (1 million+ clients, $800 billion monthly volume) and insurance via Lloyd's of London up to $1,000,000 per claimant.
Strategy risk
Past results do not guarantee the future. The gold market can change, and the strategy can underperform or fail completely. Only invest capital you can afford to lose entirely — this is not a product with guaranteed returns.
- Past performance does not guarantee future performance.
- Capital is at risk — only risk capital you can afford to lose.
- This website provides educational information only and no individualized investment advice.
Keep reading
Educational information only. This website does not provide personalized investment advice. Trading financial markets involves risk and may result in the loss of capital. Past performance is not indicative of future results.