Trading Rules

• Martingale: The strategy involves increasing trade sizes to recover losses, which can be done in several ways: doubling down after a losing trade, adding to an existing open position, or gradually building up with smaller positions until their combined size exceeds the original trade.While the idea seems appealing, this strategy requires unlimited capital and can quickly lead to significant risks, making it impractical and against our rules.
• One-Sided Bets: Taking positions in a single direction without proper analysis or consideration of market trends, often leading to excessive exposure.
• Grid Trading: To execute a grid trading strategy, traders place buy and sell orders at regular intervals above and below a set price, aiming to capture profits as the market fluctuates. However, this method often resembles gambling, as it relies on market movement in either direction without factoring in market conditions or analysis.
• High-frequency trading (HFT): HFT involves holding trades for 60 seconds or less. While these trades may offer quick profit opportunities, they can lead to unfair advantages, which goes against our commitment to fair trading. To ensure a level playing field, HFT is not permitted.
  

  Additionally, executing an unusually high number of trades per hour may also be flagged as HFT. Accounts displaying such patterns will be subject to review, and necessary actions may be taken to uphold our fair trading standards.

• Gambling and Overleveraging: Overleveraging occurs when trading activity exceeds the allowable lot size limit for a specific account type, significantly increasing the risk of losses. For example, on a $100,000 One/Two Phase challenge account, the maximum lot size for currency pairs is 40 lots. Exceeding this limit—such as opening 20 lots on EURUSD and 20.5 lots on GBPUSD (totaling 40.5 lots)—constitutes overleveraging and is a violation of this rule. These limits ensure balanced risk exposure and promote sustainable trading. For detailed lot limits by account size and asset class, please refer to our FAQ page. Risking or losing 3% or more of your Starting or Scaled account balance at any time in one trade idea is considered gambling, and constitutes a hard breach (applies to funded accounts only).
• Major News Trading: Trades executed within 4 minutes before or after a major news event are restricted (see the full list of events). Such trades can lead to unpredictable outcomes, which may not align with responsible trading practices. To ensure fairness, profits from these trades may be adjusted, and accounts reset if necessary. This rule applies only to instruments directly affected by the news and does not prevent trades opened beforehand and closed after the window ends.
  It also does not apply to accounts with the major news trading add-on or phases one and two of all challenges.
  For more details, please refer to our article on Major News Trading Restrictions.
• Copy Trading Between Unrelated Accounts: This policy prohibits copying trades from accounts that do not belong to the trader. This includes both automated copying and using the same signals or account management services as other traders.However, copy trading is allowed between a trader’s own accounts, whether they are with prop firms or retail brokers.
• Usage of Public Third-Party Expert Advisors (EAs): The use of public third-party EAs is restricted.
• Reverse Trading and Group Hedging: Reverse trading involves taking opposite positions on the same asset using multiple accounts, effectively eliminating personal risk. Similarly, group hedging occurs when multiple traders coordinate positions to reduce individual exposure. These practices disrupt the integrity of the trading environment and prevent fair evaluation of trading skills. To ensure fairness, both are prohibited.
• Group Copying/Account Management: Group copying occurs when clients use the same public expert advisor with identical settings or when trades are copied automatically or manually from another trader. This behavior indicates account management, which is strictly prohibited.
  Account management also includes any scenario where someone other than the account owner is trading, effectively operating under a different name. This violates our KYC/AML rules and regulations. Any attempt to conceal the true identity of the trader, or to collaborate with another trader on our or other simulated fund providers, constitutes a violation of our rules.
• Account Churning (Rolling): This refers to repeatedly opening and closing multiple funded or challenge accounts within a short period. It often involves high-risk trading that leads to account breaches, followed by immediate attempts to start new challenges. This behavior violates our commitment to disciplined trading and disrupts fairness in the evaluation process.
• Exploiting System Glitches: Practices that take advantage of system errors, such as inaccuracies in price displays or delays in updates, are not allowed.
• Exploiting Inefficiencies of Trading Platforms and Other Practices: This involves exploiting data feeds, including latency arbitrage, reverse arbitrage, gap trading, toxic order flow, tick scalping, and server execution.

• Initial Drawdown: Starts at -10%.
• Drawdown Adjustment: Upon achieving a 5% balance gain, the drawdown updates to -5% of the starting balance.
• Post-Adjustment: The drawdown remains at -5%.
• Scaling Impact: For scaled accounts, drawdown updates to -5% of the new scaled balance, excluding profits.

• Major and Minor Currency Pairs
• Major and Minor Indices
• Cryptocurrencies
• Commodities

For a complete list of instruments,
visit the FAQ page

• Overnight: Permissible, but be cautious of market conditions.
• Over Weekend: Enabled for phases one, and two of all our challenges and accounts with a major news trading add-on.

For accounts with Smart Drawdown

• Eligibility: Minimum 10% gain on the account.
• Method: Utilize 5% of the account’s starting balance for scaling.
• Scale Speed: x2 (double your account size each time you scale).
• Maximum Allocation: $2,500,000 (with options for increase via a support request).

For accounts with Static Drawdown

• Eligibility: Minimum 10% gain on the account after 90 days.
• Method: Contact support to scale your account after meeting the eligibility criteria.
• Scale Speed: +25% of account size once per 90 days.
• Maximum Allocation: 100% of the starting balance.

• Rate: You can achieve 90% profit split for One-Phase and Two-Phase challenges.
  
• Condition: Overall gain of 10%, and first trade placed at least 90 days ago.

• Initial Payout: Request 14 days after the first trade.
• Subsequent Payouts: Every 7 days after a new trade.
• Platform: Rise or direct crypto payments.
• Methods: Bank transfer and crypto via Rise, direct crypto payments
• Minimum Threshold: $25.
• Processing Time: We aim to process all payouts within 24 hours of request.

• Discount: 10% off code for your next purchase will be attached to your breach email.

• Maximum Inactivity Period: 60 days.

By following these guidelines, we can ensure:

• Transparency: Equal opportunities for all participants, fostering trust in the trading process.
• Fairness: A focus on skill-based trading, where success depends on strategies and decisions, not on exploiting loopholes or unfair advantages.

Safety: Protection from excessive risk-taking and irresponsible practices.