UP TO 25% OFF PROP FIRM ACCOUNTS
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Crypto Fund Trader
Featured
Verified
Top Rated
CEO
Alan Sanchez
Country
CH
Date Created
May 2021
Years in Operation
5
4
Based on 2 reviews
Rules
No Reverse or Cross-Account Hedging
Opposing positions on the same instrument across accounts are strictly banned.
You cannot hold a BUY and a SELL on the same instrument at the same time unless the first trade has been open for at least 24 hours. Opposite trades across different accounts, including accounts under different email addresses controlled by the same person, are never allowed. Opposite trades on different currencies of the same asset (e.g. BTC/USD and BTC/EUR) are also prohibited.
No Gambling or Single-Trade All-In
Daily and per-trade profit is capped at $10,000.
If your equity hits $10,000 in profit on a single day or a single trade, all active positions will be closed and any amount above the cap will be subtracted. Multiple trades closed in parts or executed at similar times count as a single trade for this calculation.
No High-Frequency Trading
Algorithms executing large volumes of trades in rapid succession are banned.
Using programs or automated systems to open and close positions in fractions of a second is strictly prohibited across all account types and platforms. This includes any EA or script designed to capitalise on speed rather than genuine market analysis.
No Tick Scalping
Opening and closing large numbers of trades in very short timeframes is not permitted.
This applies whether done manually or through an EA. Strategies that rely on grabbing tiny price movements at high speed are banned as they do not reflect real market trading conditions.
No Arbitrage
Bots or EAs exploiting the demo environment or price feed differences are prohibited.
This includes news scalping EAs, latency arbitrage EAs, and multi-account reverse trading EAs. Any strategy that takes advantage of conditions unique to a simulated environment rather than genuine market movements will result in account disqualification.
No Copy Trading Between Ascend Accounts
Coordinated or mirrored trading across Ascend accounts is not allowed.
This includes matching entries, exits, instruments, direction, timing, or sizing across accounts in a way that cannot reasonably be attributed to coincidence. The firm may revoke rewards, cancel evaluations, and act on internal data evidence without prior notice.