Forexero Cloud Copier
Terms of Service and Risk Disclosure

Last updated: 10 August 2026 · These terms supplement the general Forexero Terms of Service, which also apply in full.

READ THIS DOCUMENT IN FULL BEFORE SUBSCRIBING. The Cloud Copier is an execution automation tool that places real trades on YOUR trading account using settings YOU configure. Trading foreign exchange and CFDs carries substantial risk of loss. You can lose some or all of your deposited capital. By subscribing to or using the Cloud Copier you confirm that you have read, understood and accepted every provision below.

1. What the Cloud Copier is, and what it is not

1.1. The Forexero Cloud Copier ("the Copier") is a software service operated by IMRB Media Ltd ("Forexero", "we", "us") that connects to a MetaTrader 4 or MetaTrader 5 trading account nominated by you and automatically places, modifies and closes orders on that account based on (a) messages published in Telegram channels that YOU select, and (b) execution parameters that YOU configure.

1.2. The Copier is a TOOL. It is not investment advice, not portfolio management, not a managed account service, not a fund, and not a recommendation to trade any instrument. Forexero does not exercise discretion over your account: every action the Copier takes is the mechanical result of your own channel selections and your own settings.

1.3. Signals and other content published in any Telegram channel, including Forexero's own channels, are information and market commentary only. They are not personalised advice and do not take your financial situation, objectives or risk tolerance into account.

1.4. Forexero is not a broker, custodian, or financial institution. Your funds remain at all times with your chosen broker. We never hold, receive, or have withdrawal access to your money.

2. No advice, no guarantees, no promised results

2.1. FOREXERO MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND ABOUT TRADING RESULTS. Past performance of any signal channel, published record, or backtest is not indicative of future results.

2.2. We do not guarantee that any signal will be profitable, that any stop loss or take profit will be reached or respected by the market, or that the Copier will produce results similar to any published record. Published signal histories record signal levels, not the outcome of any individual account, and individual results always differ based on settings, broker, timing, spreads, slippage and market conditions.

2.3. Nothing in our websites, applications, channels, messages, marketing or support conversations constitutes a promise of profit or protection from loss, and no employee, contractor or representative of Forexero is authorised to make such a promise.

3. Risk disclosure

3.1. TRADING LEVERAGED PRODUCTS SUCH AS FOREX AND CFDs IS HIGHLY SPECULATIVE AND INVOLVES SUBSTANTIAL RISK OF LOSS. YOU MAY LOSE MORE THAN YOU EXPECT AND, DEPENDING ON YOUR BROKER'S TERMS, POTENTIALLY YOUR ENTIRE BALANCE. You should only trade with money you can afford to lose.

3.2. Automated execution introduces additional risks, including but not limited to: execution latency, slippage between signalled and filled prices, partial fills, requotes, broker rejections, symbol mapping differences (prefixes/suffixes), weekend and rollover gaps through stop levels, widened spreads during news, and divergent pricing between your broker and the signal source.

3.3. The Copier depends on third-party infrastructure outside our control, including Telegram, MetaApi cloud infrastructure, your broker's servers, and general internet connectivity. Any of these can fail, delay, or behave unexpectedly. WE DO NOT WARRANT UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE OPERATION OF THE COPIER.

3.4. A stop loss is an instruction to your broker, not a guarantee: in fast or gapping markets your position can be closed at a materially worse price than your stop level.

3.5. If you enable settings such as "allow signals without stop loss", high risk-percentage sizing, disabled breakeven, wide deviation tolerance, or trade channels other than those you have evaluated, you do so entirely at your own risk.

3.6. The Copier is not designed for, and must not be used with, funded/proprietary-firm challenge accounts or any account subject to third-party trading rules (daily loss limits, copy-trading bans, consistency rules and similar). Breaching a prop firm's rules can void your account; that outcome is entirely your responsibility.

4. Your responsibilities

4.1. You are solely responsible for: (a) choosing which Telegram channels the Copier follows; (b) every execution setting, including lot sizing, risk percentage, take-profit distribution, breakeven, trailing, deviation guards, symbol filters and trading hours; (c) ensuring those settings are appropriate for your account size and risk tolerance; (d) monitoring your account and the Copier's activity; and (e) complying with your broker's terms and the laws applicable to you.

4.2. You confirm that the trading account you connect belongs to you, that you are authorised to trade it, and that automated/copy trading is permitted by your broker.

4.3. You are responsible for maintaining access to your own Telegram account and broker account. If you revoke access, change passwords, or your Telegram session ends, the Copier may stop functioning until you reconnect it.

4.4. You must be at least 18 years old (or the age of majority in your jurisdiction, if higher) to use the Copier.

4.5. Test mode is provided so you can observe the Copier's behaviour without placing trades. We strongly recommend using test mode and/or a demo account before enabling live execution. Choosing to go live without doing so is your decision alone.

5. Credentials and data

5.1. Your MetaTrader password is transmitted once to establish the connection with the execution infrastructure and is not stored by Forexero. You can use an investor (read-only) password only where explicitly supported; trade execution requires the trading password.

5.2. Linking your Telegram account grants the Copier read access to the channels on that account solely to detect messages in the channels you select. The Copier never posts, messages, or acts as you on Telegram.

5.3. We record the Copier's activity on your behalf (signals detected, orders placed, modifications, errors, and the settings snapshot used for each trade) to provide the service, your activity feed, and support. Our general Privacy Policy applies.

6. Subscriptions, billing, renewal and cancellation

6.1. The Copier is a paid subscription, available standalone or at a discounted add-on rate for members with an active Forexero membership. Current prices are shown at the point of purchase.

6.2. Subscriptions renew automatically each billing period until cancelled. You can cancel at any time from your account or via PayPal; cancellation stops future charges and your access continues until the end of the period already paid. FEES ALREADY PAID ARE NON-REFUNDABLE, except where required by law.

6.3. The member add-on rate requires an active Forexero membership at the time of purchase. If your membership ends, your copier subscription continues at its existing price for as long as it remains active, but lapsed copier subscriptions repurchased later may be at then-current rates.

6.4. If a renewal payment fails or a subscription is suspended or cancelled by the payment provider, copier access ends at the expiry of the last paid period. We may cancel residual payment agreements of ended subscriptions to prevent further charges.

6.5. Each copier licence supports ONE connected trading account at a time. Switching to a different trading account is limited (currently up to 3 different accounts per rolling 30 days); further switches require support approval. Additional simultaneous accounts require additional licences.

6.6. Prices, features and these terms may change; changes apply from your next renewal after notice on our website or by email.

7. Fair use, abuse and termination

7.1. We may suspend or terminate copier access, without refund of the current period, where we reasonably determine: fraud or attempted fraud, payment abuse or chargeback abuse, attempts to disrupt, reverse engineer, resell or misuse the service or its infrastructure, connection-attempt abuse, use with prohibited account types (clause 3.6), or breach of these terms or the general Terms of Service.

7.2. We may impose technical limits (such as connection-attempt caps) to protect the service and its cost base.

7.3. We may modify, interrupt, or discontinue the service (in whole or in part) for maintenance, upgrades, security, or business reasons. Where reasonably possible we will give notice of material discontinuation.

8. Disclaimer of warranties

8.1. THE COPIER IS PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AVAILABILITY, OR NON-INFRINGEMENT.

8.2. Without limiting the above, we do not warrant that signals will be detected, parsed, or executed correctly or at all in every case; message formats, network conditions and third-party changes can cause missed, delayed, duplicated, or erroneous executions. Your protective settings and your own monitoring are your safeguards.

9. Limitation of liability

9.1. TO THE MAXIMUM EXTENT PERMITTED BY LAW, FOREXERO, ITS OWNERS, EMPLOYEES AND CONTRACTORS SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, LOSS OF PROFITS, LOSS OF CAPITAL, MISSED OPPORTUNITIES, OR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES ARISING FROM OR RELATED TO THE COPIER, including damages caused by executed or non-executed trades, delays, errors, outages, third-party failures, or your settings, even if we were advised of the possibility of such damages.

9.2. To the maximum extent permitted by law, our total aggregate liability for any claims relating to the Copier shall not exceed the subscription fees you paid for the Copier in the three (3) months preceding the event giving rise to the claim.

9.3. Nothing in these terms excludes liability that cannot be excluded under applicable law.

10. Indemnity

10.1. You agree to indemnify and hold Forexero harmless from any claims, losses, damages and expenses (including reasonable legal fees) arising from your use of the Copier, your trading decisions, your breach of these terms, your breach of your broker's terms, or your violation of applicable law.

11. General

11.1. These Copier terms are governed by the same law and jurisdiction as the general Forexero Terms of Service. If any provision is found unenforceable, the remainder continues in force. Our failure to enforce any provision is not a waiver. These terms, together with the general Terms of Service and Privacy Policy, are the entire agreement regarding the Copier.

11.2. Questions: contact support via Telegram before subscribing if anything is unclear. Subscribing constitutes acceptance.

© IMRB Media Ltd · Forexero. Trading involves substantial risk of loss and is not suitable for everyone.