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Hedging between accounts

Why using multiple accounts to offset risk is against our rules

PipFarm avatar
Written by PipFarm
Updated over a month ago

Introduction

PipFarm allows you to trade freely and use your strategy — as long as you manage your own risk. However, hedging between accounts to bypass risk rules is not allowed. This includes hedging trades across:

  • Two or more PipFarm accounts

  • PipFarm and another prop firm

  • PipFarm and a personal broker account

This article explains what account hedging is, why it’s a problem, and how to avoid breaching this rule.

What is account hedging?

Account hedging is when you open opposite or correlated positions across multiple accounts to cancel out or reduce personal risk.

Account A

Account B

Why this is not allowed

Long XAUUSD

Short XAUUSD

Opposite positions on the same symbol across accounts

Long XAGUSD

Short XAUUSD

Both are precious metals and highly correlated

Long US100

Short US30

Both are highly correlated US indices

Long EURUSD

Short GBPUSD

Both have the same quote currency — creates correlated hedging

Long USDJPY

Short EURJPY

Both have the same quote currency — creates correlated hedging

Long USDJPY

Long XAUUSD

Same direction, but both are negatively correlated

Short USDCHF

Short EURUSD

USD is inverted as the base and quote currency, making a negative correlation

Long BTCUSD

Short ETHUSD

Both are major crypto pairs and are positively correlated

Long Brent

Short WTI

Both oil products are positively correlated

🚨 This rule applies even if the accounts are from different prop firms or brokers.

Why this matters

This undermines the purpose of the program and removes any real test of skill, consistency, or strategy. In the real market, this behaviour wouldn’t work — it only works in the simulated structure of a prop firm.

By opening opposite or correlated positions across different accounts, you’re manipulating the outcome of the program. It creates a setup where one account is guaranteed to benefit, regardless of market direction, while the other is used as a disposable loss.

If a trader profits while the company would have taken a loss on the real market, that’s not trading — it’s exploitation. And it’s treated as a serious breach of trust.

What are correlated pairs?

Some trading instruments tend to move in tandem, either in the same direction or in opposite directions. These relationships are known as correlations.

In many cases, being long EURUSD and short GBPUSD may cancel out part of your exposure if the two pairs are positively correlated. But hedging can also occur when you’re long on two highly uncorrelated pairs. If both move the same way, you're effectively hedging risk.

Check this link to see real-time examples of some correlated pairs.

What happens if I break this rule?

We use both manual and automated systems to detect overlapping positions, symbols, and trading behaviour across accounts. If we detect account hedging patterns, we may take the following actions:

  • Reset your account or challenge

  • Remove illegitimate profit

  • Disqualify your account

  • Restrict future purchases

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