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FXIFY
Verified
Top Rated
CEO
David Bhidey
Country
UK
Date Created
April 2023
Years in Operation
3
4
Based on 2 reviews
Rules
No High-Frequency Trading
Algorithms that exploit speed are strictly banned.
Using advanced algorithms to execute large volumes of trades in fractions of a second is prohibited. HFT strategies are considered market manipulation and will result in immediate account termination with all profits voided.
No Reverse or Group Hedging
Offsetting positions across accounts is not permitted.
Placing opposing positions across multiple accounts to artificially reduce risk is strictly prohibited, whether done alone or in coordination with others. Each account must reflect genuine, independent market exposure at all times.
No Third-Party Trading
Only the registered account holder may trade.
Having someone else trade on your behalf, trading another person's account, or using pass-your-challenge services is strictly forbidden. All trading must be performed by the individual who registered the account.
No Latency Arbitrage
Exploiting price feed delays is a hard breach.
Using EAs or any method to exploit delays between price updates across platforms is prohibited. Taking advantage of stale prices before the platform catches up provides an unfair edge and will result in account termination.
No Gambling-Style News Trading
Oversized bets around news events are not allowed.
Placing oversized leveraged positions around major news events without proper risk management is considered gambling and is prohibited. News trading is permitted but traders must manage risk appropriately and account for wider spreads during volatile periods.
One Profile Per Trader
Multiple registrations are strictly forbidden.
Each trader may only hold a single profile with FXIFY. Creating multiple accounts, including using different email addresses, is strictly prohibited and will result in termination of all associated accounts.
No Platform Exploitation
Errors and glitches must not be traded.
Taking advantage of any platform errors, glitches, or execution delays to profit unfairly is strictly prohibited. Any profits generated through exploitation of platform issues will be voided.