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I have no acquaintance with these firms, nor even with this category of company, so take my comments with the amount of salt you think they should have.
But for me, the idea of turning over my trading to some arrangement that involves copying or mirroring someone else's trades gives me a severe case of terror. I recognize that people do invest in mutual funds and other managed funds, and that they are turning their money over to someone else to trade, but those funds are seriously regulated and scrutinized -- and people still lose money with them all the time.
There is so much pure BS being served up to the trading community every day by "traders" who claim to be highly profitable that my immediate reaction is to shout "Run!" when I encounter another variation on the same theme.
But aside from that, which I hope you consider strongly, I hope you will find some more concrete information from someone who has actual experience with one or more of these firms.
Good luck, and be careful.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
