Cheating Is Prohibited
Of course, any trading styles that are deemed as “cheating” are not permitted and will result in a violation of our Terms of Service. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent profits only on demo accounts. Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.
Example Strategies That Violate Our Rules
- Use of platform or data freezing due to a Demo Server error.
- Use of a delayed data feed
- Trading on delayed charts
- Tick scalping, high frequency trading, arbitrage bots
- Reverse arbitrage
- Latency arbitrage
- Hedge arbitrage or any emulators are prohibited.
- Massive Stacking
- One-sided betting
Scalping is permitted; however, we strongly advise traders to hold trades for more than 1 minute to avoid engaging in restricted strategies that violate our rules. If the majority of your trades are held for less than 1 minute, you may fall into this prohibited category, and any profits generated will be forfeited.
These are the most common strategies that we have seen people use to take advantage of demo accounts, though this list does not represent all possible strategies that would go against our trading rules. If any account is seen to be using unfair strategies or an unrealistic trading style, they will not be eligible to be funded.
Changing of Password
The exact password has to be used which was sent by us via email to access the platform. Changing passwords is not allowed.