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.