Prohibited Trading Practices

Engaging in any of the following practices will result in immediate disqualification from the program, account termination, and potential forfeiture of fees/profits: 

1. ‍Market & Broker Exploitation 
   
   1. Price manipulation: Exploiting pricing errors, delays, or broker inefficiencies.
   2. ‍Insider trading: Using non-public information for trading decisions.
   3. ‍Front-running: Trading in a way that harms the Company’s broker relationships or triggers trade cancellations. ‍
   4. Regulatory risks: Trading strategies that could create legal/compliance issues for the broker. 
2. ‍Restricted Strategies 
   
   1. Third-party strategies: Using externally marketed "pass-only" tactics (e.g., high-frequency scalping, latency arbitrage). ‍
   2. Earnings manipulation: Holding single-share equity CFDs near earnings announcements (positions must be closed X hours before earnings).
   3. ‍Overnight gap trading: Entering equity CFD trades at market close to exploit gaps. ‍
   4. Arbitrage abuse: Cross-account arbitrage (e.g., between evaluations or external accounts). 
   5. Gambling: Risking 3%+ of account balance on a single trade idea/pair (funded stage)‍‍
      

1. Excessive Exposure: Any trader who exceeds a 3% risk threshold more than once during Phase 1 (P1) or Phase 2 (P2) of the evaluation will be subject to the following consequences:
   
   1. Denied funding
   2. Reset to Phase 1 to retry the evaluation‍

3. Account Integrity Violations 

1. Group trading: No shared management, copy trading, or collusion.
2. ‍Third-party services: Purchasing trades, signals, or pass services is banned.
3. ‍Company discretion: The Company reserves the right to prohibit any activity deemed exploitative. 

Excessive Margin Usage

Excessive margin usage is strictly prohibited on all Evaluation and Simulated Funded Accounts. Traders must apply responsible risk management and must not use too much of their account equity as margin, whether through a single position or multiple open positions. Trading that leaves insufficient free margin or demonstrates reckless overleveraging may be classified as excessive following review by the Risk Team. A confirmed violation will result in a Hard Breach.