Warning: Legends Trading closed my accounts over an 18-second copier latency overlap
Just sharing my experience.
Legends Trading closed my accounts because their system detected an 18-second overlap and classified it as hedging. They told me their rule is that any overlap over 10 seconds triggers automatic deactivation, and they admitted their system does not consider third-party copier/software latency. They also said closed accounts cannot be reinstated.
I requested a manual review and explained this was a latency issue during execution, not intentional hedging. They still refused and said the system is automated and final.
So if you use a trade copier, be careful. Even a short execution delay can apparently get your account permanently closed.
Has anyone else dealt with this from Legends?
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