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

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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.

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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.

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