When trading with Crypto Fund Trader, it’s essential to be aware of the rules and guidelines that govern the platform. These rules are designed to ensure a fair and transparent trading environment for all participants. In this article, we’ll go over some key rules to keep in mind, including country restrictions, news trading policies, prohibited strategies, and how to handle profits if your account gets suspended. Understanding these rules will help you trade more effectively and avoid any potential issues.

Country Restriction :-

One of the first things to be aware of when trading with Crypto Fund Trader is that the platform has country restrictions. Due to regulatory reasons, Crypto Fund Trader does not provide services to traders located in the United States. If you reside in the U.S., unfortunately, you won’t be able to trade on this platform. However, traders from most other countries around the world are welcome to join and trade with Crypto Fund Trader, provided they meet the age requirement of 18 years or older.

Prohibited Strategies :-

While Crypto Fund Trader provides a flexible trading environment, certain strategies are prohibited to maintain the integrity of the platform. Here’s what you need to know:

Reverse Trading Rule

Reverse trading, where you create trades in opposite directions (like a buy and sell) with a simultaneous duration of 60 seconds or more, is not allowed. For example, if you enter the market with a SELL position, you must close all open SELL trades before opening a BUY position. However, opposite trades in different pairs, such as ETH/USD and BTC/USD, are permitted. The rule also prohibits opening opposite trades on different accounts or hedging between two accounts controlled by the same user. If you open a SELL position, you can only open a BUY position simultaneously if the first trade has been active for at least 24 hours.

30 Seconds Rule

For accounts purchased before June 28th, 2023, there is a 30-second rule in place. According to this rule, trades that last less than 30 seconds cannot exceed 5% of your total trades. This rule is in place to prevent accidental trades or misclicks from significantly impacting your account. If profits are made from trades shorter than 30 seconds, they will be subtracted from your total profits. It’s important to note that micro-lots are excluded from this rule, and the formula provided by Crypto Fund Trader helps you calculate what counts as a micro-lot.

Gambling/All Money in One Trade Rule

Crypto Fund Trader has a rule in place to prevent traders from risking too much capital on a single trade. The daily or per-trade profit limit is set at $10,000. If your equity reaches $10,000 in profit per day or per trade, all active trades will be closed, and any amount over $10,000 will be subtracted. This rule is designed to prevent reckless trading behavior and ensure that traders do not risk their entire account on a single trade.

Prohibited Trading EAs :-

Certain types of automated trading systems, known as Expert Advisors (EAs), are prohibited on the Crypto Fund Trader platform. These include:

High-Frequency Trading (HFT): This involves using programs or algorithms to execute large numbers of trades in very short periods. High-frequency trading is not allowed as it can create unfair advantages and disrupt the market.

Tick Scalping: This strategy involves making a large number of trades in a short amount of time by opening and closing positions very quickly. Whether done manually or with an EA, tick scalping is prohibited.

Arbitrage: Using bots or EAs to exploit price differences in the demo environment, such as news scalping EAs, arbitrage EAs, or multi-account reverse trading EAs, is not allowed. These strategies are seen as manipulative and are therefore banned on the platform.

Handling Profits on a Suspended Live Account :-

If your live account gets suspended for any reason, Crypto Fund Trader has a policy in place to help you recover some of your profits, provided you’ve followed certain rules. If your account is suspended, you may still be eligible to receive 50% of your profits, as long as you meet these criteria:

Use of Stop Loss (SL): All of your trades must have a stop-loss in place to manage risk.

Loss Limits: You must not lose more than 2% of your account size on any individual trade.

Minimum Trading Days: You must have traded for at least 15 days.

If you meet these conditions, you can request a payout within seven days of your account suspension. This policy ensures that even if your account is suspended, you can still recover some of your earnings as long as you’ve adhered to the platform’s risk management rules.

Conclusion

When trading with Crypto Fund Trader, it’s important to understand and follow the platform’s rules. Whether it’s knowing which countries are restricted, understanding the flexibility and risks of news trading, or being aware of the prohibited strategies and tools, these guidelines are in place to ensure a fair trading environment for all users. By adhering to these rules, you can trade more effectively and avoid potential issues that could arise from rule violations. Remember, successful trading isn’t just about making profits—it’s also about managing risks and following the rules.