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:
1. Prohibited Trading Practices
To ensure market integrity, Fintokei prohibits the following behaviors:
- Martingale and Aggressive Averaging: This high-risk strategy involves increasing position sizes after a loss to offset previous losses. Such practices are considered akin to gambling and are not permitted.
- Tick Scalping: Engaging in rapid trades, typically lasting less than 15 seconds, to exploit minor price movements is prohibited due to challenges in trade replication and potential market manipulation.
- Latency Arbitrage Trading: Exploiting delays between different data feeds to gain an unfair advantage is not allowed.
- Opposite Trading or Hedging Across Multiple Accounts or Traders: Coordinating trades to take opposing positions across different accounts to minimize risk or manipulate outcomes is prohibited.
- Overleveraging Without a System: Engaging in trading with excessive leverage without a well-defined strategy is not allowed.
- One-Sided Bets: Placing large, unhedged positions that resemble gambling rather than strategic trading is prohibited.
- Account Rolling: Creating multiple accounts to circumvent rules or reset trading conditions is forbidden.
2. Anti-Gambling Policy
Fintokei 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, Fintokei 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
Fintokei 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 Fintokei. 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 Fintokei's official Terms & Conditions and Help and Knowledge Base.
