In cases where we observe that a challenge has been passed through a very limited number of trades, which is often associated with a high risk of hedge trading between different proprietary firm accounts, or by utilizing trading strategies with not allowed Expert Advisors (EAs) specifically, hidden EAs/high-frequency scalping EAs or inadequate risk management capabilities (deeming it necessary to safeguard our demo live capital allocation). We will transition the associated live account to an “evaluation” status. This measure is implemented to mitigate excessive gambling or risk to our company, as we are unable to replicate these trades on live accounts.
It’s important to note that when clients employ prohibited trading strategies, we directly close their accounts. However, when we find irregularities that don’t explicitly breach our rules but still present concerns, we adopt the evaluation approach.
A trader under evaluation is required to demonstrate consistent trading practices. Upon achieving this, and at the time of their third payout, the trader’s account will be reinstated to the normal leverage level. This policy is in place to ensure both the integrity of our trading environment and the safeguarding of our company’s interests.
What measures are taken if a challenge completion appears irregular?
what can we do if rules are not respected
Updated over 5 months ago