Prop Firm Rules

To maintain a fair and secure trading environment, ThinkCapital has established specific rules and guidelines. Below is an overview of the most pertinent information:

1. Prohibited Trading Strategies

ThinkCapital strictly forbids trading practices that exploit the simulated trading environment or deviate from real-market conditions. Such prohibited strategies include:

• Grid (Reverse) Trading: Placing inverse buy and sell orders of the same instrument with similar risk levels, leading to potential market manipulation and over-leveraging.
• Hedging Across Multiple Accounts: Opening opposing positions across different accounts to exploit price movements without market risk.
• Collusion Between Users: Coordinated trading across multiple accounts to manipulate markets.
• Latency Arbitrage: Exploiting time delays between trading venues to gain unfair advantages.
• High-Frequency Trading (HFT): Using algorithms, bots, or Expert Advisors (EAs) to execute numerous trades rapidly, potentially leading to market manipulation.
• Abuse of Delayed Data Feeds or Simulated Environment: Utilizing delayed data or executing large-volume trades without a logical strategy to gain unfair advantages.
• Martingale Trading: Increasing investment size after each simulated loss to recover previous losses, posing significant risks.

Engaging in these strategies may result in trade reversals, account restrictions, or termination.

2. News Trading Policy

ThinkCapital's news trading policy depends on the account type:

• Challenge Accounts: News trading is allowed, but excessive reliance on high-impact news events for rapid gains may result in a review or reset to an earlier phase.
• Funded Accounts: News trading is prohibited unless the "News Trading Add-On" is purchased during the challenge phase. Without this add-on, trades cannot be executed two minutes before or after major economic news releases. Violations may result in immediate termination of the funded account.

3. Gambling & Reckless Trading Behavior

ThinkCapital prohibits trading behaviors that resemble gambling or reckless betting, including:

• Punting: Placing a small number of large, high-risk trades without a structured strategy.
• Overleveraging: Using excessive margin on a single trade, risking significant losses from minor market movements.
• Overexposure: Taking large positions in highly correlated assets, falsely assuming diversification.
• All-In Strategies: Risking a large percentage of the account balance on one trade without proper risk management.
• Doubling Down (Martingale): Increasing trade sizes after losses to recover quickly, increasing risk exposure.
• Excessive High-Frequency Scalping: Opening and closing trades within seconds without a sustainable long-term strategy.

Traders engaging in these practices may face warnings, trade restrictions, resets, or account termination.

Adhering to these guidelines is crucial for maintaining account eligibility. Violations can lead to restrictions, removal of trades, or account termination. For the most detailed and up-to-date information, refer to ThinkCapital's official Terms of Service and FAQ section.

To maintain a fair and secure trading environment,The5%ers has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. High Stakes Program Requirements

Minimum Profitable Days: Traders participating in the High Stakes program must achieve a minimum of 3 profitable days to pass the evaluation. A profitable day is defined as one where the closed positions yield a positive profit of at least 0.5% of the initial balance.

2. Prohibited Trading Practices

To ensure market integrity and responsible trading, The5%ers prohibits the following practices:

• One-Sided Bets: Consistently taking positions in a single direction without considering market conditions or conducting proper analysis is not allowed.
• Arbitrage: Exploiting price discrepancies or glitches within different markets of similar or identical assets is forbidden.
• Trading Bracketing: Placing pending orders around high-impact news events, such as opening buy and sell stops close to the price before the news, is prohibited.
• System Exploitation: Intentionally or unintentionally employing trading strategies that take advantage of system errors, such as inaccuracies in price display or delays in updating, is not permitted.

3. Risk Management Guidelines

The5%ers emphasizes the importance of effective risk management:

• Risk Assessment: Traders are encouraged to conduct a self-assessment to understand their risk appetite, tolerance, and personality traits that may affect trading decisions. This includes aligning trading strategies with individual risk profiles and timeframes.
• Advanced Risk Techniques: The5%ers provides resources on advanced risk and money management techniques to help traders minimize risk and maximize profits. These include building a solid trading plan and developing the right mindset and psychology when trading.

4. Can I Trade During News?

Instant Funding (Hyper-Growth) & Bootcamp:

• News trading is allowed, but bracket strategies (placing both BUY STOP & SELL STOP orders simultaneously around news) are prohibited.

High Stakes Program:

• Holding trades through news is allowed, but executing orders 2 minutes before and after high-impact news is prohibited.
• Example: For US CPI at 15:30 GMT+2, no new orders between 15:28 - 15:32.
• Profits made during this time won't count toward targets, and losses are absorbed by you.

Adhering to these rules and guidelines is essential for maintaining your account's standing with The5%ers. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to The5%ers' official FAQs.

To maintain a fair and secure trading environment, Maven Trading has established specific rules and guidelines. Below is an overview of the most pertinent information:

1. Prohibited Trading Practices

To ensure market integrity, Maven Trading prohibits the following behaviors:

• Gambling: Engaging in high-risk trading behaviors that resemble gambling is strictly prohibited. This includes:
  • Excessive Scalping: Holding 50% or more of your trades for less than a minute.
  • Martingale Strategy: Opening five or more positions simultaneously in drawdown on the same pair.
  • All-In: Placing a single large trade without proper risk management, aiming to pass or fail the challenge in one go.
• Reverse/Group Hedging: Using your account to bet in one direction on a singular trade against another account, attempting to reverse the trade of another account for a guaranteed win.
• Exclusive Hedging: Engaging in hedging throughout a challenge or live account using malicious Expert Advisors (EAs) that exploit the demo-trading environment. If detected, you may be asked to provide the EA used.
• Unauthorized Use of EAs: While EAs are permitted, using those that violate the above rules, such as High-Frequency Trading (HFT) or hedge zone strategies, is not allowed. Proof of the EA may be requested to ensure compliance.

Engaging in any of these prohibited practices can lead to account termination and forfeiture of any profits.

2. Anti-Gambling Policy

Maven Trading is committed to promoting safe and responsible trading. The company discourages actions resembling excessive risk-taking and gambling behaviors. Traders are expected to:

• Have a well-defined trading plan and system.
• Apply sound risk management in their trading.
• Demonstrate discipline and consistent results over a longer period.

3. Consistency Rules

To promote stable and sustainable trading, Maven Trading implements consistency rules:

• Profit Limitation: No more than 40% of the total profit during a payout cycle can come from a single trading day.
• Net Positive Payout Policy: Payouts are only allowed if all active accounts are at break-even or profitable at the end of the day before the payout is requested.

4. Recommended Risk Management

Maven Trading advises traders to adhere to prudent risk management practices:

• Risk per Trade: Risking between 0.5% and 1% per trade idea is recommended as a safe approach.

Adhering to these rules and guidelines is essential for maintaining your account's standing with Maven Trading. Engaging in prohibited practices can lead to actions ranging from warnings to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to Maven Trading's official Terms & Conditions and FAQ Section on their website.

To maintain a fair and secure trading environment, FXIFY has established specific rules and guidelines. Below is an overview of the most pertinent information:

1. Prohibited Trading Strategies

FXIFY strictly forbids trading practices that exploit the simulated trading environment or deviate from real-market conditions. Such prohibited strategies include:

• High-Frequency Trading (HFT): Utilizing advanced algorithms and high-speed networks to execute numerous trades in fractions of a second, potentially leading to market manipulation and instability.
• Reverse Hedging: Placing offsetting positions across multiple accounts within FXIFY to minimize or negate risks, thereby exploiting the firm's rules or limitations.
• Group Hedging: Collaborating with other traders to place opposing trades in different accounts within FXIFY, aiming to minimize overall risk while appearing to actively trade.
• Account Management: Allowing someone else to trade on your behalf or managing another individual's account, which is strictly prohibited.
• Exploiting Errors in Services: Using trading strategies that knowingly or unknowingly exploit errors in FXIFY's services, such as discrepancies in price displays or delays in updates.
• Trading with External or Slow Data Feeds: Executing trades using external or delayed data feeds to gain unfair advantages.
• Highly Speculative Trading Strategies: Engaging in trading strategies that involve excessive risk-taking beyond standard trading practices.
• Coordinated Trading to Manipulate Markets: Performing trades alone or in concert with others, including between connected accounts, to manipulate trading outcomes, such as simultaneously entering into opposite positions.
• Use of Unauthorized Software: Employing software, artificial intelligence, ultra-high-speed, or mass data entry methods that might manipulate, abuse, or provide an unfair advantage when using FXIFY's systems or services.
• Gap Trading Around Major Events: Opening trades when major global news, macroeconomic events, or corporate reports are scheduled, especially within specific time frames that might affect the relevant financial markets.

Engaging in these strategies may result in trade reversals, account restrictions, or termination.

2. News Trading Policy

FXIFY permits news trading across its account types. However, traders should be aware of the potential risks associated with high-impact news events and ensure they have appropriate risk management strategies in place.

3. Gambling & Reckless Trading Behavior

FXIFY prohibits trading behaviors that resemble gambling or reckless betting, including:

• Punting: Placing a small number of large, high-risk trades without a structured strategy.
• Overleveraging: Using excessive margin on a single trade, risking significant losses from minor market movements.
• Overexposure: Taking large positions in highly correlated assets, falsely assuming diversification.
• All-In Strategies: Risking a large percentage of the account balance on one trade without proper risk management.
• Doubling Down (Martingale): Increasing trade sizes after losses to recover quickly, increasing risk exposure.
• Excessive High-Frequency Scalping: Opening and closing trades within seconds without a sustainable long-term strategy.

Traders engaging in these practices may face warnings, trade restrictions, resets, or account termination.

4. Consequences of Rule Violations

Violations of FXIFY's trading rules can lead to account breaches, resulting in the inability to continue trading on the account.

Adhering to these guidelines is crucial for maintaining account eligibility. For the most detailed and up-to-date information, refer to FXIFY’s official Terms of Service and FAQ section.

To maintain a fair and secure trading environment, FundingPips has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. Prohibited Trading Practices

FundingPips explicitly prohibits certain trading behaviors to ensure market integrity:

• Excessive Risk-Taking: Engaging in high-risk strategies that resemble gambling or one-sided betting is not allowed.
• Toxic Trading Flow: Practices that disrupt market stability or exploit system vulnerabilities are forbidden.

2. Risk Management Guidelines

To promote responsible trading, FundingPips enforces the following risk management rules:

• Maximum Loss Limit: A trader's largest single loss should not exceed 3% of the master account size.
• Short-Term Trade Profits: Profits from trades closed within one minute of opening will not be counted towards the master account.

3. Elite Level Advancement

FundingPips offers a progression system for consistent traders:

• "Hot-Seat" Elite Level: After receiving 16 payouts with a top profit split of 40%, traders can unlock the "Hot-Seat" level, which includes additional benefits.

Adhering to these rules and guidelines is essential for maintaining your account's standing with FundingPips. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to FundingPips' official Help Center.

To maintain a fair and secure trading environment, FunderPro has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. Prohibited Trading Practices

To ensure market integrity, FunderPro prohibits the following behaviors:

• Copy Trading Between Different Individuals: Copy trading and copying signals are permitted only between accounts owned by the same individual. Copying trades or signals between accounts belonging to different individuals is not allowed.
• Opposing Positions Across Accounts: Opening opposing positions for the same instrument on two separate trading accounts owned by the same user is prohibited.

2. News Trading Policy

FunderPro's policy on trading during news events varies by account type:

• Swing Accounts: Trading during news events is permitted.
• Fast Track and Regular Challenges: Trading during news events is not permitted.

Traders can view restricted news events under Section 10 of the Terms & Conditions or join FunderPro's Discord server, where restricted news for each week is posted in the ##restricted-news channel.

3. Consistency Rule

To promote stable and sustainable trading, FunderPro implements a Consistency Rule during the challenge phases:

• Profit Limitation: The profits of your best trading day should not exceed 45% of your total profits.
• Application: This rule applies to Regular (Phase 1 and Phase 2), Fast Track (Phase 1), and Swing (Phase 1 and Phase 2) Challenges. It does not apply to the Live Account (Funded Stage).

4. Maximum Capital Allocation

FunderPro sets a limit on the total initial capital across all your accounts:

• Capital Limit: The total initial capital of all your FunderPro accounts combined cannot exceed $200,000.
• Account Combinations: You can combine accounts in various ways, as long as the total initial capital does not surpass $200,000.

5. Inactivity Policy

To ensure active participation, FunderPro enforces an inactivity policy:

• Account Deactivation: If your account is inactive for 30 consecutive days, it will be terminated.

Adhering to these rules and guidelines is essential for maintaining your account's standing with FunderPro. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to FunderPro's official Terms & Conditions and Help and Knowledge Base.

To maintain a fair and secure trading environment, Funded Trading Plus has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. Prohibited Trading Practices

To maintain the integrity of their trading programs, Funded Trading Plus prohibits the following practices:

• Copy Trading: Engaging in copy trading across accounts is not allowed. This includes opening identical positions on the same market in the same direction across multiple accounts simultaneously. For instance, if you open a trade on Gold at 10:30 AM and close it at 11:30 AM, you cannot open a position on Gold in another account during that timeframe. Violations may lead to profit nullification based on FTP's terms and conditions.
• Toxic Trading Practices: Strategies such as arbitrage, which exploit inefficiencies in the simulated trading environment, are strictly forbidden. Accounts employing such methods may face termination.

2. Account Limitations and Management

Funded Trading Plus imposes certain restrictions to promote responsible trading:

• Number of Accounts: Traders can open multiple evaluation accounts; however, only two simulated live accounts ("FT+ trader accounts") can be funded simultaneously.
• Maximum Initial Funding: The maximum initial funding across all accounts is $400,000, with no single merged account exceeding $200,000.
• Account Resets: If an evaluation is failed, traders have the option to reset their account upon payment of a reset fee.

3. Risk Management and Reviews

FTP conducts risk assessments to ensure compliance with their standards:

• Risk Review Policy: All traders reaching the profit target will undergo a risk management assessment before receiving a funded account. This review evaluates trading behavior to ensure adherence to Funded Trading Plus's guidelines.
• Drawdown Management: Understanding relative drawdown is crucial. It represents the distance between your account's high watermark (the highest balance after closing profitable trades) and the maximum drawdown level (the lowest permissible balance). Traders are advised to maintain a buffer to avoid breaching drawdown limits.

4. Program Flexibility

Traders can change their program platform before starting and taking any trades. This change incurs a $25 fee. To initiate this, contact support and process the payment through their checkout page.

For more comprehensive details, please refer to Funded Trading Plus's official FAQs.

To maintain a fair and secure trading environment,FTMO has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:

1. Trading Instruments and Strategies

Traders are permitted to use various trading strategies, provided they align with legitimate trading practices and do not exploit system errors or delays. It's essential to avoid strategies that could harm FTMO’s services or misuse the Evaluation Process and/or FTMO Account. For detailed information on acceptable instruments and strategies, please refer to FTMO’s guidelines.

2. Forbidden Trading Practices

FTMO explicitly prohibits certain trading behaviors to ensure market integrity:

• Exploiting System Vulnerabilities: Utilizing strategies that take advantage of errors in price displays, delayed updates, or slow data feeds is forbidden.
• Manipulative Trading: Engaging in trades, alone or in coordination with others, that manipulate the market—such as simultaneously entering opposite positions across multiple accounts—is not allowed.
• Automated Exploitation: Using software, artificial intelligence, or high-speed data entry methods to manipulate or gain an unfair advantage on the trading platform is prohibited.
• Non-Replicable Strategies: Implementing strategies that are not reasonably replicable in actual market conditions, such as opening substantially larger positions compared to usual trades, is not permitted.
• Gap Trading: Engaging in gap trading, especially around major global news or macroeconomic events, is considered a high-risk practice and is forbidden.

For a comprehensive list of prohibited practices, please review FTMO’s Terms & Conditions, specifically Clause 5.4.

3. Trading According to a Real Market

FTMO requires that all trading activities reflect genuine market conditions. Traders must not use practices that contradict the functioning of a real market. This ensures that trading strategies are legitimate and do not interfere with standard market operations.

4. Consistency in Trading

Consistency is crucial for long-term success. FTMO evaluates traders based on their ability to maintain consistent trading behaviors and results. While the Consistency Score is currently informative and does not affect the outcome of the Evaluation Process, it highlights the importance of disciplined and steady trading practices.

5. News Trading and Holding Positions

FTMO has specific guidelines regarding trading during news events and holding positions overnight or over weekends:

• FTMO Account: Traders are restricted from trading during certain news releases and from holding trades over weekends. For example, during significant USD news announcements, trading USD-related forex pairs and indices is restricted from 2 minutes before to 2 minutes after the event.
• FTMO Account Swing: This account type does not have restrictions for news trading or holding trades over the weekend, making it suitable for swing traders who need to hold positions for extended periods.

6. Maximum Allocation

FTMO has a maximum capital allocation limit when you are an FTMO Trader, which is $400,000 (prior to scaling) per trader or strategy, at any given time.

Equivalent limits are in place for other currencies – €320,000; £280,000; CAD 480,000; AUD 520,000; CHF 320,000 or CZK 8,000,000.

These limits are in place due to risk mitigation & diversification measures.

Please be careful not to get multiple accounts through various registrations as this is not permitted. If FTMO discovers identically traded strategies through various accounts, and exceeding the total of fictitious $400,000 in active FTMO Accounts, they reserve the right to suspend those accounts as per the contract.

Adhering to these rules and guidelines is essential for maintaining your account's standing with FTMO. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to FTMO’s official FAQ and Terms & Conditions.

To maintain a fair and secure trading environment, For Traders has established specific rules and guidelines. Below is an overview of the most pertinent information:

1. Prohibited Trading Strategies

For Traders strictly forbids trading practices that exploit the trading environment or deviate from standard market conditions. Such prohibited strategies include:

• Use of Automated Bots: Employing automated trading systems to execute trades without manual intervention.
• High-Frequency Trading (HFT): Executing numerous trades in rapid succession to exploit minor price discrepancies.
• 40% Margin Rule Violation: Utilizing more than 40% of the available margin for a single trade or multiple trades on the same instrument in the same direction. (This rule does not apply for Two-Step Pro Challenge)
• Arbitrage Trading: Taking advantage of price differences between markets or platforms to secure risk-free profits.
• Grid Trading: Placing buy and sell orders at set intervals above and below a set price, without regard to market direction.
• Tick Scalping: Profiting from minor price changes, often holding positions for very short durations.
• Hedging: Opening opposing positions on the same instrument to offset potential losses.
• Gambling: Engaging in trading behaviors that resemble gambling or reckless betting.

Engaging in these strategies may result in trade reversals, account restrictions, or termination.

2. News Trading Policy

For Traders allows news trading with specific conditions:

• Challenge Accounts: Traders can hold positions over news events but are prohibited from opening new trades within five minutes before and after a high-impact news release.
• Master Accounts: The same rule applies as in Challenge Accounts.

Violations may result in profit deductions or other penalties.

News trading is allowed for the Two-Step Pro Challenge both in Challenge and Funded phases.

3. Inactivity Rule

For Traders enforces an inactivity policy to ensure active participation:

• Challenge and Master Accounts: An account is considered inactive if there is no meaningful trading activity for 30 consecutive days. Minimal trades, such as 0.01 lots executed solely to meet the activity requirement, do not qualify as meaningful trading activity.
• Instant Master Accounts: The inactivity period is set to 7 days.

Accounts deemed inactive will be terminated.

4. Consequences of Rule Violations

Violations of For Traders' rules can lead to:

• Serious Violations: May result in immediate removal from the ongoing challenge and closure of all associated accounts.

Each violation is considered individually, distinguishing between intentional and unintentional actions.

Adhering to these guidelines is crucial for maintaining account eligibility. For the most detailed and up-to-date information, refer to For Traders' official Help Center.

To maintain a fair and secure trading environment, Fintokei has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information: