Prohibited Trading Practices
- Description
- High-Frequency Trading (HFT)
- Is scalping allowed?
- Hedging Within or Across Accounts
- Martingale / Averaging Down Strategies
- Group Hedging and Coordinated Trading
- Use of Third-Party Expert Advisors (EAs)
- Third-Party Account Management
- Copy Trading and Signal Mirroring
- Grid Trading Strategies
- Pre-News One-Sided Positioning
- Exploitation of Technical or System Vulnerabilities
- Uncritical Directional Trading
- Automated Bulk Trade Execution
- Lot Size Misuse
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 two (2) minutes. Trade(s) closed in less than two 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.
Exploitation of Technical or System Vulnerabilities
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.