Can I use robots?
Subject to our policy on Prohibited Trading as described below, you can trade using robots.
What is the policy on Prohibited Trading Activity?
You are prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading activities ("Prohibited Trading") include, but are not limited to:
- Exploiting errors or latency in the pricing and/or platforms provided by the Broker.
- Utilizing non-public and/or insider information.
- Front-running of trades placed elsewhere.
- Trading in any way that jeopardizes the relationship the Company has with a Broker or may result in the canceling of trades.
- Trading in any way that creates regulatory issues for the Broker.
- Utilizing any third-party strategy, off-the-shelf strategy, or one marketed to pass challenge accounts.
- Utilizing one strategy to pass an assessment and then switching to a different strategy in a live account, as determined by the Company in cooperation with Prop Account, LLC at their discretion.
- Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid breach, you must close all such Single Share Equity CFD positions by 3:50 PM Eastern Time on the day of the release if it's an aftermarket release, or on the preceding day if it’s a before market open release. Violation of this rule will constitute an immediate, hard breach of your account, and any gain or loss on said position will be excluded from any calculations.
- Entering into an Equity CFD at or near the end of the trading day with the intent of profiting from the market gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
- Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
- If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, before any trader shall receive a live account, the trading activity of the trader under these Terms and Conditions will be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the trader will not receive a live account.
- The Company reserves the right to disallow or block any trader from participating in the program for any reason, at the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions
here.
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations/Funded Challenges. This does not represent a profitable trader and is considered a Malicious Practice.