Any trading styles that are deemed as "cheating", or otherwise not reflective of trading in the real market, are not permitted and will result in a violation of our Terms of Use. For this reason, it is against our rules to take advantage of strategies that generate risk-free, consistent simulated profits only on demo accounts.

Our Funded Traders are expected to be trading on their accounts as if they are live accounts. Any use of a strategy that takes advantage of demo accounts will result in the closure of a Funded Trader’s account, whether in the evaluation phase or while funded.

Please note that using any account management, “pass your challenge”, and/or copy trading services is also strictly prohibited and will result in the rejection of any Simulated Funded Accounts, as well as a permanent ban of all TFT services.

Traders are restricted from the sharing of accounts or the re-sale of Simulated Funded Accounts from one owner to another for any reason.

Account sharing and the selling of accounts are strictly prohibited and will result in the immediate breach of your account(s) and being banned from our services as this behavior goes against TFT Terms of Use.

The Martingale trading strategy is a method of investing in which the size of the investment is increased after each simulated loss, with the expectation that a winning trade will recoup all previous simulated losses and produce a simulated profit. This strategy is considered gambling and is extremely risky as it can lead to large simulated Drawdowns and the simulated loss of all simulated capital if a trader experiences a prolonged series of simulated losses.

In theory, this strategy will always work, but in practice, it is only possible to make this strategy work with unlimited simulated capital. Firms provide a pre-determined level of maximum simulated Drawdown and all traders should formulate their strategy around this predefined level of maximum risk.

It is crucial to have a well-defined risk management strategy in place and to avoid betting an entire account on a single trade. Therefore, this trading activity goes against TFT's Terms of Use.

Usage of HFT bot(s), HFT Expert advisors (EA), and HFT algorithms are strictly prohibited on our platforms and should not be used under any circumstances.

High-Frequency Trading (HFT) refers to the use of advanced computer algorithms and high-speed telecommunications networks to execute large numbers of trades in fractions of a second.

HFT is prohibited as it can lead to market manipulation, unfair advantages, and can cause instability in the market. Any trader found to be engaging in HFT will breach the TFT Terms of Use and lose the ability to trade on our platform. For more specific examples of the type of abuse that HFT can lead to, please see the Trading on Delayed Data Feed and Trading on Delayed Trading Chart sections below.

For a more in-depth overview of High-Frequency Trading, review this Investopedia article.

Traders are restricted from logging in and raising orders in OFAC-sanctioned countries.

See our list of restricted countries in this TFT knowledge center article.

Collusion between users refers to a trading strategy where an individual or group of individuals open multiple accounts with a financial institution and place trades in the same direction (i.e., buy/sell), on the same asset, across all accounts. Collusion between users is also known as "layering" or "spoofing" and is considered a form of market manipulation.

This type of trading behavior is strongly prohibited and will result in the breaching of all accounts and the banning of the trader.

Hedging or group hedging across multiple accounts, on the other hand, refers to a trading strategy where an individual or group of individuals open multiple accounts with a financial institution and place trades in opposite directions (i.e., buy/sell), on the same asset, across all accounts.

This can be done in an attempt to simulated profit from the price movements of an asset without having to take on significant market risk.

This type of trading behavior is also known as "Arbitrage" and "Grid Trading" and is not permitted at TFT. In the real market, this would result in $0 simulated profit as you are hedged in both directions.

However, while trading with a Firm, you would be losing the firm money on one account and generating a simulated profit on the other, resulting in risk-free simulated profits, which are violations of compliance with the functioning of the real financial market.

The use of a delayed data feed in day trading refers to the practice of using a data feed that has a delay or lag in the delivery of market data, such as stock prices or trading volumes, giving an unfair advantage to the trader over other traders who are required to use real-time market data.

Using a delayed data feed is considered unethical and is not in compliance with the operations of the real financial market. Therefore, this trading behavior goes against TFT's Terms of Use.

Trading on delayed charts refers to the practice of using charts or other graphical representations of market data that have a delay or lag in their updates.

Trading on delayed charts is considered unethical and is not in compliance with the operations of the real financial market. Therefore, this trading behavior goes against TFT's Terms of Use.

The use of a guarantee of compliance with limit orders, including take profit and stop loss, is prohibited as it can be used to circumvent regulatory restrictions and manipulate the market.

This type of abuse is due to the nature of trading on a simulated platform. However, when using this guarantee of compliance with limit orders, traders may be able to avoid the fills that they would have received in the real market, making this strategy not in compliance with the operations of the real financial market. Therefore, this trading behavior goes against TFT's Terms of Use.

The use of platform or data freezing due to a demo server error is prohibited as it can lead to unfair advantages and misleads the traders. Traders found to be engaging in this practice will be investigated and may lose the ability to use our demo servers.

Of course, if we have a server issue that causes delays and prohibits you from closing trades for stop simulated loss or take simulated profit, we will see this in our logs and will work with those traders to remedy the situation. We encourage you to take screenshots or screen recordings of any freezing issues you are experiencing so that we may address them with our trading platform provider.

All traders are expected to use the demo servers in a fair and honest manner and to report any errors or issues immediately to TFT's support team via our live chat or by emailing [email protected].

News trading is a strategy traders use to take advantage of the market's reaction to economic or political news and events. This can include things like interest rate decisions, GDP reports, and political announcements. News trading can be risky as the market reaction to news events is often unpredictable and can lead to significant simulated losses.

Therefore, The Funded Trader has certain restrictions for Simulated Funded Accounts only in terms of trading at a time of significant macroeconomic reports and being filled at an unrealistic price due to the volatility of the event.

To learn more about the exact details of what restrictions we have for news trading at TFT, visit this knowledge center article.