At ETX Funding, we provide our traders with the flexibility of choosing their trading styles and strategies. However, we do have restrictions in place to prevent abusive practices and ensure fair simulated trading experiences. Below, you'll find a comprehensive list of prohibited trading practices. Violation of any of these requirements will result in immediate suspension and closing of your simulated trading account:
High Leverage and Risky Strategies: The use of high leverage and excessively risky trading strategies is strictly prohibited. Any deviation from this rule will result in immediate review and potential account suspension.
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.
Using Market-Purchased Expert Advisors (EAs) that facilitate copy trading: To mitigate possibly violating this rule, we recommend using different set files or adjusting settings.
Reverse Trading/Group Hedging: Hedging or executing reverse trades within a single Solo (1-Phase) or Multi (2-Phase) Campaign account is permissible. However, executing a buy trade on one account and a sell trade on another account is strictly prohibited. This violates the rule against reverse trading or hedging across multiple trading accounts. Group hedging involves individuals coordinating opposing positions across one or multiple prop firms to reduce/eliminate risk and exploit prop firm rules. This practice is also strictly prohibited.
Account Management Services: Purchasing or providing live simulated accounts or account management services or engaging in passing services is strictly prohibited. Sharing your simulated account information or allowing someone else to pass a Campaign on your behalf is also strictly prohibited. Violation of this rule will result in the loss of all involved Campaign and/or Live Simulated Accounts.
HFT (High-Frequency Trading): High-frequency trading (HFT) is strictly prohibited at our firm. Engaging in HFT methods will be considered a violation, and any accounts associated with such practices will be terminated indefinitely.
We maintain these restrictions to uphold a fair and transparent simulated trading environment amongst the ETX Community.
If you have any questions regarding these rules, feel free to reach out to our support team at [email protected].
Disclaimer: All Content Published And Distributed By ETX Funding, And Its Affiliates (Collectively, The “Company”) Is To Be Treated As General Information Only. None Of The Information Provided By The Company Or Contained Herein Is Intended As Investment Advice, An Offer Or Solicitation Of An Offer To Buy Or Sell, Or A Recommendation, Endorsement, Or Sponsorship Of Any Security, Company, Or Fund. We Offer Virtual Simulated Accounts Where Live Market Conditions Are Simulated And Any Reference To ‘Funded’ Used On Our Website Or In Any Of Our Terms And Conditions Is A Reference To Simulated Funding, Only. Use Of The Information Contained On The Company’s Websites Is At Your Own Risk And The Company And Assumes No Responsibility Or Liability For Any Use Or Misuse Of Such Information. Nothing Contained Herein Is A Solicitation Or An Offer To Buy Or Sell Futures, Options, Or FX. Past Performance Is Not Necessarily Indicative Of Future Results. Hypothetical Or Simulated Performance Results Have Certain Limitations. Unlike An Actual Performance Record, Simulated Results Do Not Represent Actual Trading. Also, Because The Trades Have Not Actually Been Executed, The Results May Have Under-Or-Over Compensated For The Impact, If Any, Of Certain Market Factors, Such As Lack Of Liquidity. Simulated Trading Programs, In General, Are Also Subject To The Fact That They Are Designed With The Benefit Of Hindsight. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profit Or Losses Similar To Those Shown.