Forbidden trading practices

Part of our mission is to promote and help develop healthy behaviour in our customers when trading. That is why we have developed the following set of rules and practices you need to adhere to when Demo Trading. These rules mainly aim to help create habits which can be reasonably utilized when trading on actual markets with actual money and are also designed to protect our Services from manipulative and abusive behavior.

When performing demo trades in the FTMO Trader Account, you must not:

(a) knowingly or unknowingly use trading strategies that exploit errors in the Services such as errors in the display of prices or delay in their updates, or an external or slow data feed;

(b) perform, alone or in concert with any other persons, including between connected accounts, or accounts held with other members of the FTMO Group, trades or combinations of trades for manipulative purposes, for example by simultaneously entering into opposite positions (with the exception of entering into such positions on a single FTMO Account);

(c) perform trades in conflict with Terms governing the Evaluation Process and terms of the provider of the Trading Platform;

(d) use any software, artificial intelligence, ultra-high speed, or mass data entry which might manipulate, abuse, or give the Customer an unfair advantage when using the Trading Platform or the Services;

(e) engage in any of the following practices which are not reasonably replicable on actual market (such strategy is not in line with risk management rules a reasonable person would apply when trading on financial markets with own money):

(i) opening substantially larger position sizes compared to your other trades, whether on this or any other account of yours; or

(ii) opening substantially smaller or larger number of positions compared to your other trades, whether on this or any other account of yours;

(f) perform gap trading (high risk practice which carries potential unfavourable outcomes if performed in real market conditions due to increased volatility) by opening trade(s);

(iii) when major global news, macroeconomic event or corporate reports or earnings, the might affect the relevant financial market (i.e. market that allows trading of financial instruments that might be affected by the events), are scheduled; or

(iv) hours or less before a relevant financial market is closed for 2 hours or longer; or

(g) otherwise perform trades in contradiction with how trading is actually performed in the FOREX or any other market, or in a way that we consider, acting reasonably, might cause us financial, reputational or other harm as a result of your activities (e.g. overleveraging, overexposure, one-sided bets, account rolling).

The Services are for your personal use only. This means:

(h) You must not allow any third party to access, or otherwise use, your FTMO Account, nor may you engage or cooperate with any third party in order to have such third party perform trades for you, whether such third party is a private person or a professional;

You must not access, or otherwise trade on, any other person’s FTMO Account, nor may you engage or cooperate with any third party in order to perform trades for another person on their FTMO Trader Account. whether performed as a professional or otherwise.