ETX Account Management Policy: What You Need to Know
At ETX, we are committed to maintaining the integrity and transparency of our platform. This means that users are expected to manage their accounts independently and in compliance with our policies. Failure to do so may result in serious consequences, including the rejection of Simulated Funded Accounts and permanent bans from all ETX services.
Prohibited Account Management Practices
To ensure fairness and prevent abuse, we strictly prohibit the use of any third-party services or individuals to manage accounts. Below are examples of actions that violate our Account Management Policy:
Account Management Services: Allowing someone else to trade or manage your account on your behalf is a violation of our policies. All trades must be executed by the account holder.
Use of EAs (Expert Advisors): The use of automated trading software or EAs to trade in any phase is prohibited. All trades must be placed manually by the trader.
"Pass Your Challenge" Services: Engaging with companies or individuals offering services to pass your evaluation or challenge on your behalf is strictly prohibited. These services undermine the purpose of trading assessments and the integrity of our platform.
Copy Trading Services: Copying trades from other traders, whether through software, bots, or manual replication, is not allowed. ETX requires that each trader operates their account independently and based on their own strategies and decisions.
Consequences for Violating the Account Management Policy
ETX has strict enforcement measures in place to ensure compliance with our policies. If we detect or suspect the use of prohibited account management practices, the following actions will be taken:
Rejection of Simulated Funded Accounts: Any accounts found to be in violation of our Account Management Policy will be disqualified from receiving a Simulated Funded Account, regardless of the evaluation outcome.
Permanent Ban from ETX Services: Violating our Account Management Policy will result in an immediate and permanent ban from our platform. This includes the forfeiture of any existing accounts, and users will no longer be eligible to trade with ETX.
Fraud Prevention and Security
In addition to prohibiting third-party account management, ETX takes security seriously. We monitor for fraudulent activities, such as using other individuals’ personal information or engaging in deceptive practices. If fraud is detected, the account will be permanently terminated, and the user will be banned from the platform.
Managing Your Own Account: Best Practices
To ensure that your account remains in good standing, here are a few best practices:
Trade Independently: Always trade based on your own decisions and strategies. Do not rely on third parties of softwares to manage your account.
Follow ETX Policies: Make sure you understand and comply with all ETX rules and guidelines, including our KYC and trading protocols.
Avoid Unofficial Services: Stay away from any service offering to “pass your challenge” or trade on your behalf. These services are strictly prohibited and will result in account termination.
Final Note
At ETX, we are committed to providing a fair and transparent platform for traders. Adhering to our Account Management Policy ensures that all users have an equal opportunity to succeed based on their skills and strategies.
For more information or if you have questions about managing your account, feel free to contact our support team.