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Prohibited Trading Practices

Description

To maintain a fair, stable, and transparent trading environment, the following trading strategies and behaviors are strictly forbidden:

High-Frequency Trading (HFT)

The use of automated systems (Expert Advisors or EAs) designed to execute numerous trades within seconds—aiming to profit from minute market fluctuations—is not allowed.

Is scalping allowed?

Yes, scalping is permitted. However, each individual trade must remain open for a minimum of three (3) minutes. Trade(s) closed in less than three minutes, or trading activity that appears suspicious or resembles arbitrage (which is prohibited), may result in action by our Risk Team. All trades are closely monitored by the Risk Team.

Hedging Within or Across Accounts

Simultaneously placing opposing positions (buy and sell) either in the same trading account or across multiple accounts to reduce exposure or create arbitrage is not permitted.

Martingale / Averaging Down Strategies

Continuously increasing position sizes when trades move against the initial market bias—regardless of lot size—is considered a high-risk tactic and is strictly forbidden.

Group Hedging and Coordinated Trading

Collaborating with other traders or accounts to place opposing trades for the purpose of offsetting risk collectively is considered collusion and is not allowed.

Use of Third-Party Expert Advisors (EAs)

Only self-developed EAs are permitted. The use of commercial, publicly available, or third-party-created automated trading tools is strictly prohibited.

Third-Party Account Management

Delegating trading authority to another individual or external service provider—whether compensated or not—is not allowed under any circumstances.

Copy Trading and Signal Mirroring

Replicating trades from other accounts or signal providers, whether manually or through automated systems, is not permitted.

Grid Trading Strategies

Employing a grid-based approach by placing multiple buy and/or sell orders at fixed price intervals to profit from price movements without directional bias is prohibited, as it often resembles arbitrage.

Pre-News One-Sided Positioning

Setting pending orders (limits or stops) shortly before major economic announcements with the intent to exploit news-driven volatility is not allowed.

Order Book Spamming

What is Order Book Spamming?

Order book spamming involves placing a large number of orders in the order book to create a misleading impression of market activity. This manipulative practice can disrupt market integrity, provide unfair advantages to certain traders, and strain trading systems.

Why is Order Book Spamming Prohibited?

  • Unfair Advantage: Traders who use this tactic can gain an unfair edge, particularly in a simulated trading environment where the repercussions are less severe than in live trading. This undermines the fairness and integrity of the trading platform.
  • System Strain: Excessive orders can overwhelm trading platforms and systems, causing delays and affecting overall market stability and efficiency. This can lead to slower response times and reduced performance for all users.

Example of Order Book Spamming:

A trader entering multiple orders (e.g., 0.1 lots) in a short period instead of placing a single order with all the intended buying power (e.g., 1 lot). This activity can be seen as an attempt to manipulate the price feed in a simulated environment.

Rules and Regulations

Using strategies that intentionally or unintentionally take advantage of platform inefficiencies—such as pricing lags, latency issues, or data feed discrepancies—is strictly forbidden.

Uncritical Directional Trading

Consistently initiating trades in a single direction without proper market analysis or strategic rationale is considered irresponsible and is not permitted.

Automated Bulk Trade Execution

Utilizing automated systems to open multiple positions simultaneously without active trader oversight or direct management is not allowed.

Lot Size Misuse

Executing trades with position sizes that are disproportionately large relative to the account balance—especially during periods of low liquidity (e.g., market open/close or news events)—is prohibited.