Introduction

Strategies considered prohibited trading practices are not suitable for our program. If we discover that you are engaging in any of these practices, we will immediately stop providing services. If we suspect you are engaging in prohibited trading practices, we will temporarily suspend our services and investigate. We will terminate your services if you do not comply with our investigation.

Automated trading that uses HFT / Latency Arbitrage is not allowed.

Taking the same trades or trading with a strikingly similar pattern as other traders is not allowed. This is identified via a consistent pattern of similarities and other data, not just one or two similarities.

Hedging trades on one account is allowed, providing you don't hedge to manipulate the Program Rules. Hedging between two accounts or more accounts or across firms is not allowed.

Gap Trading is considered opening positions to benefit from potential price gaps when (i) major global news, significant macroeconomic events, or scheduled economic data reports and announcements that could significantly affect the financial market, or (ii) within two hours before or after a relevant financial market is scheduled to close for 30 minutes or longer, or (iii) holding positions over weekends. Profits earned from any gaps larger than 0.2% will be deducted from the position. More than three offences of Gap Trading will be considered a material breach.

Cross-Account Risk Manipulation involves opening positions of the same instrument at various price levels across different Simulated Accounts. This strategy exploits differences in account rules, limits, or conditions to offset or neutralise the personal risk in another account, thereby circumventing the intended risk controls or consistency rules of the Remote Trader Program.

Hedging Techniques to Manipulate Program Rules, is when a Trader strategically hedges positions by opening offsetting positions to manipulate program rules, such as Max Trailing Loss, Max Daily Loss, Consistency Score, Profitable Trading Day and Trading Day rules. Hedging is allowed purely for taking multiple trading opportunities on the same trading pair but should not be used to exploit the aforementioned program rules.

Meeting the Profitable Day and Consistency Rule can be easily manipulated by partially closing and reopening the same position when a new trading day begins. This is considered manipulating the requirement.