Your money and safety

Where your money stays

Meror never holds your money in an account of its own. Stocks and crypto stay in your own brokerage or exchange account, in your name. That company carries out the trades, holds what you buy and sends your statements.

One thing is different for a memecoin copy, which trades from your own Solana wallet: if you connected that wallet with a trading key, or set it up in Meror, Meror keeps the key, encrypted, to place your copies' orders. It is an encrypted copy of the wallet's own key, not a weaker one, so keep in that wallet only what you copy with. A wallet that signs its own trades gives Meror only its address.

Sports bets are placed by you, in your own sportsbook account. Meror never holds a stake.

What Meror can and cannot do

In a brokerage or exchange account, Meror cannot withdraw or move your money.

It can only place trades there, and read your balances, holdings and orders to show them to you.

You approve every buy

Before each trade, Meror shows you what it would buy or sell and how much, and places it only if you say yes.

The exceptions are exits you set up yourself, which go without asking: Cash out (Stop) on a copy, selling a holding yourself, and a profit target set to close a copy.

A memecoin copy with Sell when they sell switched on also sells without asking when the trader sells. Buys always ask. In a wallet that signs its own trades, each of these sales waits for your signature.

A trade you have not answered waits for you, and lapses after seven days with nothing placed. If the price has moved too far, you are asked again.

Your limits

Each copy has these limits. Buys, and the trades a copy works out for you, are held to them. Some start at a default that you can change.

• Amount to allocate: the money you give the copy.
• Max allocation to one security: the most of the copy in any one holding.
• Minimum cash reserve: cash the copy keeps back.
• Max trade size and Max daily trading amount: caps per order and per day, off until you set them.
• Pause at portfolio drawdown: the copy pauses if it falls this far.

Your own exits (Cash out, selling a holding, a profit target) sell the whole position, whatever Max trade size and Max daily trading amount say.

Add money changes the amount; the others are under Risk limits on each copy in Portfolio. Limits shrink what can go wrong; they do not prevent losses.

Your brokerage password

You sign in on SnapTrade's or your brokerage's own screen, not in Meror, so Meror never sees your brokerage password.

Meror keeps the name and number of each account your brokerage shares with it, an encrypted key from SnapTrade that lets it reach them, and the balances, holdings and orders it reads.

Stop any time

Pause a copy to keep what it holds and place nothing new.

Cash out (Stop) sells what the copy bought, at the price of the moment, and the money stays in your account. While the market is closed nothing can be sold yet: the copy pauses, and you cash out again once it opens. Part of a share that Meror cannot sell at your brokerage stays there for you to sell.

In a wallet that signs its own trades, each sale waits for your signature.

Revoke and disconnect places nothing and sells nothing: copies through that account pause, what they bought stays in your account, and Meror asks SnapTrade to remove the connection.

Disconnecting a Solana wallet deletes the trading key Meror kept for it.

Pause and Cash out are on each copy in Portfolio. Cash out and Revoke and disconnect are also on the Real money page. Each takes effect before the next order; an order your brokerage already received may still fill.

The risks

• You can lose money, including everything you copy with.
• Past results do not predict future returns. The traders are strangers with their own goals; they may change how they trade, or may have been lucky.
• Copies follow after the trader, at a price that can differ from theirs, and can fill partly or not at all. Some positions cannot be copied, for example part of a share where a brokerage buys whole shares only.
• While the US market is closed, no stock order is sent; the copy catches up with the trader at the next open.
• Some records are published late (regulatory filings can be weeks behind) or are estimates.
• Memecoins are extremely volatile and can lose most or all of their value.
• Betting is not investing: it has a negative expected return over time, and you must be 19 or older.
• Paper results use pretend money and are not real returns.

What Meror is

Meror is software that shows public trading records and copies the traders or baskets you choose. For a single copy you pick the trader; a strategy basket's members are picked by its published rules and shown before you start.

Meror is not a broker, dealer or investment adviser, is not registered with any securities regulator, and nothing in it is a recommendation or advice for you.

Costs

Your brokerage may charge its own fees, such as commissions, spreads or currency conversion, and taxes are yours. Meror takes no commission on trades and no share of profits.

In a memecoin copy, every cost of a swap beyond its price (network and priority fees, the swap service's fee, and on a first buy of a coin the deposit that opens its account) is taken from the copy's cash.

Pro is billed by Stripe on the website and by Apple in the iPhone app.

Questions

Support · Contact us

The full rules: Terms of Service · Risk Disclosure · Copy-Trading Authorization