What is prohibited, are pre-specified strategies, for the use of which we are entitled to close your account with immediate effect. Specifically, these are:
- High-frequency Trading
- Arbitrage trading (Hedge, Reverse, Latency)
- Tick Scalping
- Grid Trading
- One-sided Betting – which means using more than 40% of the available margin for 1 single trade or multiple trades on the same instrument in the same direction
- Use of emulators
Copying trades from other traders is a separate category. The market has seen a proliferation of sites and users offering to complete a challenge for you for a fee. We use highly skilled software to identify this behavior and immediately terminate the account if detected. A user guilty of this behavior is banned for life from purchasing the For Traders Challenge.