BrightFunded, a leading player in the trading industry, has always been committed to providing a seamless and user-friendly trading experience. Recently, the company has announced a significant update to its trading policies, reflecting its ongoing dedication to improving user satisfaction. This article delves into the details of these updates and their impact on traders.

Weekly Evaluations for Continuous Improvement

BrightFunded's approach to enhancing its services involves conducting weekly internal evaluations. These evaluations are crucial in identifying areas where the company can make improvements. This proactive strategy ensures that BrightFunded remains at the forefront of delivering top-notch services to its users.

Relaxation of Breach Rules

In a move that is sure to be welcomed by traders, BrightFunded has relaxed one of its breach rules. Effective Tuesday, August 13, 2024, the company will modify the Negative Available Margin HARD BREACH and the Hedging Between Different Accounts HARD BREACH to a SOFT BREACH. This change is aimed at reducing the disruptions faced by traders due to strict breach rules.

Understanding the New Policy

Negative Available Margin

Under the new policy, if a Negative Available Margin is detected, only the trades causing the negative margin will be closed. This means that traders can continue to operate their accounts smoothly without facing a complete shutdown due to this breach.

Hedging Between Different Accounts

Similarly, the policy change affects the Hedging Between Different Accounts breach. If hedging between accounts is detected, only the trades involved in the hedging will be closed. This ensures that the affected accounts remain operational, allowing traders to manage their positions without significant interruptions.

What is a SOFT BREACH?

A SOFT BREACH, as introduced by BrightFunded, means that only the specific trades causing the breach will be closed. This approach is less punitive compared to a HARD BREACH, where the entire account could be affected. By adopting this new policy, BrightFunded aims to minimize trading disruptions while maintaining necessary risk controls.

Benefits for Traders

Reduced Disruptions

The transition from HARD BREACH to SOFT BREACH will significantly reduce the disruptions faced by traders. By closing only the trades causing the breach, traders can continue to manage their accounts effectively.

Enhanced Trading Experience

With fewer interruptions and a more forgiving breach policy, traders can focus on their strategies and trading activities. This enhancement is expected to boost overall user satisfaction and encourage more active participation in the trading ecosystem.

Sustainability of the Ecosystem

BrightFunded's commitment to ensuring the sustainability of its trading ecosystem is evident in this policy change. By balancing risk management with user experience, the company aims to create a more stable and user-friendly trading environment.

Conclusion

BrightFunded's recent policy updates are a testament to its dedication to improving the trading experience for its users. By transitioning from HARD BREACH to SOFT BREACH for Negative Available Margin and Hedging Between Different Accounts, the company is making significant strides in reducing disruptions and enhancing user satisfaction. Traders can now enjoy a more seamless and supportive trading environment, thanks to these thoughtful changes.