Prohibited Trading Practices

Should your trading strategy fail to adhere to any of the rules outlined below, we retain the authority to conduct an investigation and take appropriate measures, which may include suspending your account

Amount of simultaneous orders restriction

Trades should not have more than 500 orders placed simultaneously. Yet, if such practices become a regular strategy, AgenaTrader application will restrict user to place more orders than 500.

High-Frequency-Trading

Strategies involving high-frequency trading are prohibited. AgenaTrader application will restrict user from sending more than 300 requests (submitting/ replacing orders) per minute.

Taking Advantage of System Flaws

Utilizing trading strategies that take advantage of system glitches or rely on outdated/slow data feeds is forbidden. Moreover, participating in actions aimed at manipulating the market or employing any form of arbitrage trading will result in the closure of your account.

Reaching the profit target with a single high-risk trade

It is forbidden to meet the profit goal via one transaction. We expect our traders to demonstrate steady trading that complies with proper risk management strategies, rather than attempting to hit the target with one large, risky transaction.

Avoiding Gambling and Erratic Trading Practices

In essence, we request that you maintain a consistent trading strategy and adhere to established risk-management practices, avoiding significant variations in both the size of positions and the quantity of positions compared to your standard trading behavior. We encourage our traders to keep their trade lot sizes consistent, showcasing disciplined and methodical trading approaches.

HERE you can find a comprehensive explanation of what constitutes gambling.