You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
In further clarification to the above, the Company disallows the following strategies:
If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a live account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a live account.If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a live account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a live account.
Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
Q: When is my trading activity considered a breach?
A: Your account will be flagged for a breach if 70% or more of your trades or 70% or more of your total profit comes from trades that last less than 10 minutes.
Opening Positions During News Events
Opening a position within 3 minutes before or after a News Event is strictly prohibited. Traders found to have opened positions during a News Event may face one or more of the following actions:
• The position being closed and the associated P&L removed from their account
• Leverage on their account being reduced
• The account being flagged as breached
The Company retains sole and absolute discretion in determining what qualifies as a News Event. This rule is in place to protect the integrity of the program and ensure fair trading conditions. It is not intended to penalize traders who inadvertently open trades during news events.
To view all Prohibited Uses, please review our Terms and Conditions here.