Conduct & Prohibited Practices
Good-faith trading, restricted practices, toxic order flow and consequences.
29. Good Faith Trading
All Trading Activity must be conducted honestly and in good faith to demonstrate genuine trading skill and risk management. Trading designed principally to exploit technical weaknesses, pricing anomalies, platform behavior, promotions, payout mechanics, or internal risk controls is prohibited even where no single written rule precisely describes the conduct.
30. Responsible & Consistent Risk Management
Traders must apply responsible risk management at all times. Behavior that may trigger review includes aggressive averaging into losing positions, Martingale-style progression, recovery-based overleveraging, excessive scaling during drawdown, full-margin exposure, abrupt or disproportionate increases in position sizing, and gambling-style execution. Significant, abrupt increases in lot size, exposure, leverage or risk concentration inconsistent with prior behavior may be considered excessive risk-taking.
31. Risk Concentration & Exposure Monitoring
Excessive concentration on a single instrument, correlated instruments, or a directional bias may trigger review by the Risk & Compliance Team, considering position concentration, correlated instruments, net directional exposure, scaling behavior, leverage and volatility. Accounts showing unsustainable exposure may be subject to risk review, trading adjustments, exposure reduction, payout review, or account closure.
32. Restricted Trading Practices
- Arbitrage based on pricing errors; latency arbitrage
- High-frequency trading (HFT); tick scalping designed to exploit execution delays
- Server spamming or excessive order activity; use of price-feed delays or technical errors
- Coordinated hedging across multiple accounts; reverse trading to bypass risk rules
- Platform abuse and infrastructure exploitation
Strategies designed primarily to exploit platform inefficiencies, execution delays, pricing anomalies, or technical vulnerabilities rather than genuine market analysis may result in account review, profit removal, payout review, or account closure.
33. Toxic Order Flow
Toxic order flow is trading activity that, while technically executed, does not reflect genuine market participation and instead generates returns through unsustainable or harmful patterns, e.g. consistently capturing profits from feed delays, latency or quote anomalies; abnormally high win rates concentrated in microseconds/seconds after entry; systematic exploitation of spread fluctuations, slippage or off-market prices; or clustering around news, illiquid hours or rollover windows. Accounts showing toxic order flow may face trade invalidation, profit removal, payout review, or account closure.
34. Prohibited Conduct (General)
Market manipulation (wash trading, layering, spoofing, quote stuffing, order-book manipulation), platform/pricing exploitation, latency arbitrage, unauthorized HFT, hedging and coordinated trading across accounts or participants, unauthorized mirror trading/signals, account sharing and third-party management, and use of multiple identities or geographic circumvention are prohibited. A Trader who becomes aware of a material technical defect must stop exploiting it and notify the Company.
35. AI, Automation, VPN and Devices
AI tools may be used for research, education, coding, journaling or analysis; fully autonomous systems, mass-generated identical strategies, or automation controlling multiple accounts to circumvent Program objectives may be prohibited. The Company may monitor devices, browsers, IPs, and VPN/proxy usage; VPNs are not prohibited by mere use but may not be used to conceal identity, circumvent geographic restrictions, or evade fraud controls.
36. Payment Fraud and Chargebacks
Stolen or unauthorized payment methods, false billing information, identity theft, fraudulent reversals, and bad-faith chargebacks are prohibited. Filing a bad-faith chargeback is a violation of these Terms and may result in immediate freezing of all associated accounts and a permanent ban. Contact support to resolve any billing issue first.
37. Promotional, Referral, Payout and Account Farming
Promotions and referral programs may not be exploited through duplicate registrations, fake or self-referrals, coupon abuse, or promotional farming. Creating or managing accounts primarily to manufacture repeated payouts through correlated or coordinated behavior, artificial profit locking, shared infrastructure, or risk-neutral structures is prohibited.
38. Consequences of Violations
Depending on severity, the Company may warn, pause trading, suspend or reset an Account, cancel Evaluation progress, revoke Funded status, deny or adjust payouts, reverse profits attributable to abusive conduct, close Accounts, permanently ban a Trader, refuse future applications, and report suspected unlawful conduct where required by law. A previously approved payout does not waive later review of separate Trading Activity or future violations.
