What are the banned trading practices?

Written by UpLiftFx
Updated 5 months ago

We do have several trading practices which are not allowed here at Uplift fx and anyone caught participating in any practices listed below will be banned from our services:

  • Knowingly or unknowingly using trading strategies that exploit errors in the services, such as errors in displaying price date or delays in updating them.

  • Executing trades by means of an external or delayed data feed (arbitrage).

  • Combining trades, individually or jointly with other users or accounts, in order to manipulate the simulated trading environment, e.g. by entering opposite positions at the same time (hedging/group trading).

  • Using software, artificial intelligence, mass data inputs which, when using the platform, manipulate the system, misuse them or give the user an unfair advantage.

  • High Frequency Trading (do not allow on any funded account)

  • Martingale or hedging strategies.
  • Any other transactions that are contrary to how the Forex market or other financial markers are actually traded, or transactions giving rise to the legitimate fear that Uplift fx may suffer financial or other damage as a result of the customer's actions, e.g. over-leverage, over-load, over-demand, over-exposure, one-sided betting, account rolling.

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