No. On an Eiger account, copy trading, signal services and any automation not approved in writing are prohibited, and so are HFT bots and latency arbitrage. That is the site's own FAQ answer, and the Terms & Conditions set out the detail: every account is yours alone to trade, and trade correlation is monitored across accounts.
Key takeaways
- Copy trading, mirror trading and trades taken from an unaffiliated provider's signals are prohibited.
- EAs and other automation are prohibited unless Eiger has approved them in writing.
- Nobody else may trade or manage your account, including a coach, mentor or account manager.
- Mirrored or inverse positions across accounts are treated as group trading.
- Breaching these terms fails the account and forfeits unpaid simulated profit.
Where these rules are written
The numbered limits, such as drawdown, lot sizes and the four prohibited strategies, live on the trading rules page. The rules on copying, signals and third parties sit in the Terms & Conditions, in two sections called Trading Communities and Account Integrity, and in the FAQ on the home page. The trading rules form part of the same Terms, so they are one agreement.
The product behind all of this is a Simulated Demo Trading Account, sold as a digital product and not a financial one.
Copy trading, signals and group trading
The Trading Communities section lists what is prohibited when a community, group or service is not affiliated with Eiger:
- taking trades from signals, calls or alerts issued by an unaffiliated provider, paid or free;
- copy trading, mirror trading or any service that replicates another trader's positions onto your account;
- group trading: coordinating entries, exits, direction or position sizing with other traders, on this or any other firm's accounts;
- letting any third party, including a coach, mentor or account manager, trade, manage or place orders on your account;
- sharing your credentials, trade history or platform access with an unaffiliated community or its operators.
The exception is narrow. You may take part in a trading community, signal group, mentorship or education program only if it is officially affiliated with Eiger, meaning Eiger has approved it in writing. Support will confirm on request whether a given community is on that list. The Terms add: "If it is not on that list, it is not affiliated with us."
A concrete case. You belong to a free chat group where one member posts entries on gold. You see a post, open the same trade on your €25,000 account and close it when the post says so. That is taking a trade from an unaffiliated provider's signal, and it breaches the Terms whether or not the trade made money.
EAs, bots and other automation
The home page FAQ answers "Can I use EAs or copy trading?" with a no: copy trading, signal services and "any automation not approved in writing are prohibited, as are HFT bots and latency arbitrage."
So the default for an expert advisor or any script that places, manages or closes orders is that it is not allowed. The route to using one is written approval from Eiger, and the place to ask is a support ticket in the client portal or [email protected], before the automation touches the account. The site does not publish criteria for approval, so this article cannot tell you what gets approved.
HFT bots and latency arbitrage are named separately and do not come with an approval route in the FAQ wording. They also overlap with a numbered rule: any closed trade held for less than 3 seconds breaches the account on its own. The prohibited strategies article covers that limit and the other three.
How Eiger detects it
The Account Integrity section of the Terms describes the monitoring:
| Funded accounts | One per person | Unless explicitly approved in writing. |
|---|---|---|
| IP and device | Monitored | The same IP or device across multiple accounts triggers a review. |
| VPNs, proxies, emulators | Prohibited | When used to mask identity or location. |
| Trade correlation | All accounts | Mirrored or inverse positions across accounts are treated as group trading. |
The Trading Communities section adds that correlation, timing and account-integrity analysis is used to detect coordinated activity, and that Eiger may ask you to confirm which communities you belong to.
The phrase "inverse positions" matters. Two accounts where one buys and the other sells the same symbol at the same time are treated as group trading, the same as two accounts copying each other. On a single account, a buy and a sell on one symbol is hedging, which breaches under the trading rules.
What a breach here costs
The Terms call a breach of the Trading Communities section a material breach, with three consequences: the account fails, any unpaid simulated profit is forfeited, and all further accounts in your name may be refused. That last part is heavier than an ordinary rule breach, where the site lets you buy a new account at any time. The general effects of a failed account are in what happens when you breach.
The Terms also limit the scope: nothing in that section restricts what you do outside your relationship with Eiger once you no longer hold an account.
If you would not be comfortable showing support where a trade idea came from, ask before you place it.
Frequently asked questions
Can I use an EA on my Eiger account?
Only if Eiger has approved it in writing. The home page FAQ says any automation not approved in writing is prohibited. Ask support through a ticket in the client portal before running it.
Can I follow a paid signal service?
Not unless that service is a community officially affiliated with Eiger. The Terms prohibit taking trades from signals, calls or alerts issued by an unaffiliated provider, whether paid or free. Support will confirm whether a community is affiliated.
Can a mentor trade my account for me?
No. The Terms prohibit letting any third party, including a coach, mentor or account manager, trade, manage or place orders on your account. One trader per account.
Can I hold more than one Eiger account?
The Terms allow one active funded account per person unless explicitly approved in writing, and they treat mirrored or inverse positions across accounts as group trading. If you plan to hold more than one account, ask support first.
What happens if my trades match another trader's by chance?
The Terms say correlation analysis runs on all accounts and that Eiger may ask you to confirm which communities you belong to. The site does not describe the review in more detail, so the practical step is to answer the questions support sends.
Read the rules, then pick a program
Every rule that can fail an account is published in full before you pay. Three programs, five sizes, an 80% reward and no time limit on any step.