Our company is committed to maintaining a robust trading environment by actively monitoring various trading practices. Here are our updated strategies for managing news trading, martingale trading, and our approach to copy trading:
Martingale Trading: Currently, we do not have specific restrictions against martingale trading strategies. However, we closely monitor any trading activities that could lead to excessive risk, such as large positions, over-leverage, or high-risk trades. Our existing leverage and breach rules are designed to minimize the potential for abuse. We will assess the effectiveness of these measures continually and consider implementing stricter rules if needed.
News Trading for Simulated Funded Accounts: Trades opened within a 10-minute window before or after a high-impact news event will not have their gains counted. This measure is in place to discourage speculative trading and to stabilize the trading environment during periods of potential high volatility. Therefore, these restrictions are crucial. For a comprehensive breakdown, view our article on News Trading.
Copy Trading: Engaging in trades that mimic another trader or group of traders across multiple accounts is strictly prohibited. However, copying trades across your own accounts, which are under your user is permissible.
Enforcement of Trading Rules: In our terms, we clearly state that infractions, whether they relate to news trading, martingale strategies, or copy trading, can trigger disciplinary measures. These may include notifying the client, reducing the leverage, or breaching the account, depending on the nature and frequency of the infractions. Our enforcement of these rules is designed to be selective, providing fair treatment while deterring risky practices.
Ongoing Development and Observation: We are continuously refining our monitoring capabilities and enforcement policies by observing industry practices and the effectiveness of our own measures. This ongoing development ensures that our policies adapt to changing market conditions and trading behaviors.