Consequences of Prohibited Actions
Engaging in hedging or other prohibited actions can result in account termination, forfeiture of profits, and permanent banning from the platform, even during the Evaluation phase. TickTickTrader is committed to maintaining a fair trading environment and takes strict measures to maintain that standard.
Hedging is a trading strategy where you simultaneously hold both long and short positions in the same, underlying, or correlated instruments. While it's often used to reduce risk, it's strictly prohibited on TickTickTrader due to its potential for abuse and manipulation.
Why is Hedging Prohibited?
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Risk Manipulation: Hedging can artificially lower the risk in trades, allowing traders to use TickTickTrader's capital without exposure to actual market risk.
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Violation of Trading Ethics: By masking your true trading intentions and performance, hedging can violate the ethical standards we expect from our traders.
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Compliance with Market Regulations: Regulatory bodies like the CME prohibit hedging practices. To ensure compliance, TickTickTrader maintains a strict no-hedging policy.
Should you be found involved in hedging or participating in any dubious activities, TickTickTrader will immediately close all your accounts. You will lose any profits earned, and there's a possibility of facing a permanent ban from the platform. These actions are enforced to maintain a level playing field for all participants.
We are committed to maintaining a clear and ethical trading atmosphere. It is mandatory for all traders to comply with these policies and maintain the highest level of integrity. Any attempts to evade these regulations will have serious repercussions, including forfeiting your trading account and privileges.
Additional Prohibited Actions for Traders
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Micro scalping: Extremely short-term trades, held for 5 seconds or less, are prohibited.*
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Copy trading: Automated replication of other traders' trades is banned.
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Algorithmic trading: The use of computer programs for automated trading is prohibited.
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Intentional fraud: Any deliberate deception or manipulation is strictly forbidden.
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Creating multiple profiles: Opening multiple trading accounts under the same name or identity is forbidden.
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Inactivity: Failure to trade regularly, with no single trading activity in a week, is prohibited unless a suspension is approved.
*Micro scalp trading, which involves executing numerous quick trades for small profits, generally does not lead to an immediate account termination. However, excessive use on one or multiple accounts may prompt our Risk Management Team to reach out for clarification and conduct a review.