FAQ
Questions, answered
Short answers, with links so you can check each one.
What is this?+
An independent guide to three things that work together: TAG Markets (the broker), CopyX (copy trading) and SONIC (a strategy). It is not an official TAG Markets site.
How does CopyX copy trades?+
Your TAG account is connected to the SONIC strategy. When the strategy opens or closes a position, a proportional position is placed in your account automatically. CopyX overview
What does 24X actually mean?+
Each $1 deposited can control up to $24 of trading allocation. The extra allocation is not withdrawable cash, and it magnifies losses as much as gains. 24X is an eligible option you must confirm in your own account. Read more
What happens at the 5% threshold?+
Community materials describe an eligible 24X stop/liquidation threshold of about 5%. How it is calculated (for example, against which balance) and how it is executed are not confirmed in TAG's public terms. It does not cap losses: gaps, slippage and your account's rules can mean a larger loss. Confirm the rule in your own account before funding.
What do the win rate and drawdown figures measure?+
Win rate is the share of trades closed in profit. Maximum drawdown is the largest past peak-to-low fall on a specific account and period. Neither predicts the future. How to read the record
What are the fees?+
Under the advertised SONIC arrangement, fees come from profit rather than your deposit: of each $100 gross profit, $70 stays with you, $5 goes to the strategy provider and $25 funds the affiliate plan. See the example. That split comes from SONIC’s promotional materials, not a fee schedule we have verified. Normal trading costs such as spreads and swaps, and any deposit or withdrawal charges, are set by the broker, so check your own account terms and the client agreement.
Do I need to recruit?+
No. You can use the trading service without ever referring anyone.
How are affiliates paid?+
The advertised plan pays profit share, lot commissions and qualifying bonuses across up to ten levels. Actual rates depend on your partner agreement and dashboard. Plan details
How can I check the claims myself?+
Open the SONIC trading record, read the client agreement, and compare any figure you're shown against its date and account.
How do withdrawals work?+
Withdrawals are requested from your TAG Markets account through the official portal. Processing times and methods depend on the broker's terms — check them before you deposit, and test the process with a small amount if you wish.
Isn’t this too good to be true?+
It’s a sensible question. The honest answer is that you can check each part rather than trust a pitch: the broker and its client agreement, the dated trading record, and how fees and the optional affiliate plan are described. A strong record is real history, not a promise. With 24X, results on your deposit are amplified in both directions. Start with an amount you’re comfortable testing.
Is this an MLM or a pyramid scheme?+
The trading service and the affiliate plan are separate. You can open an account and follow SONIC without recruiting anyone, and the advertised affiliate plan pays mainly from profit share and trading volume (lot commissions), plus qualifying CPA bonuses. Having a real trading product matters, but on its own it doesn’t settle the question. Read the partner information and your partner agreement, and judge the plan on its terms. How the affiliate plan is described
Are the trades real, and are CPA bonuses funded by new deposits?+
The Myfxbook record shows a real-money account at TAG Markets and its individual trades. It does not show where those trades are routed (for example to external liquidity), the broker’s financial strength, or how CPA bonuses are funded. Claims that TAG or SONIC use A-book routing or institutional liquidity are claims unless independently documented. We haven’t found a public TAG source on CPA funding, so ask your inviter or TAG directly, and look at the broker’s regulatory information on TAG Markets.
Is this a scam?+
We won't give you a blanket assurance either way — check the facts yourself:
- Company identity and broker licence information on TAG Markets (look for the regulator and licence number, then confirm it on the regulator's own register).
- Account terms in the client agreement.
- The trading record, including losing trades.
- Fees, as described on CopyX.
- The withdrawal process — try it with a small amount.