Can traders use any trading strategy at ShareAFunds.com?
Key Points Regarding Our Policy:
Respect for All Traders:
- We value and respect every trader, regardless of their trading style or strategy. Our goal is to foster a fair and supportive trading environment.
Prohibition of Unacceptable Behavior:
- Any cheating, fraudulent activities, or misuse of the simulated trading environment is strictly prohibited. Violations may lead to serious consequences, including warnings, suspensions, or termination of accounts.
Encouragement to Review Policies:
- Traders are encouraged to thoroughly read and understand our Terms of Use to avoid unintended violations and repercussions.
Objective of Statistical Analysis:
- Our primary goal is to gather legitimate trading insights through comprehensive risk factors and metrics. We aim to ensure that trading practices are reproducible and realistic under real market conditions.
- We use a statistical analysis methodology to compare individual traders with the average trader population, reviewing trading data to identify any practices that deviate from our standards.
Internal Reviews:
- Accounts may be subject to internal reviews of trading activity, behavior, and patterns at any time.
- Funded account payout requests and related data are also subject to review to ensure compliance with our Terms of Use.
- Reviews are designed to detect potential violations or practices that are not feasible in live market scenarios.
Possible Actions:
- Based on review findings, we may undertake one or more of the following actions:
- Challenge disqualification
- Profit deductions
- Issuance of warnings
- Account suspensions
- Payout denials or delays
- Account termination
- Suspension of services
Prohibited Activities:
- Any activities such as “gambling,” “punting,” or “account churning” are considered violations and may lead to immediate action without prior notice.
We encourage all traders to review our Terms of Use thoroughly to ensure they comply with all guidelines and avoid any potential issues.
Cheating Is Prohibited
Any trading strategies or styles considered as "cheating" or not reflective of real market conditions are strictly prohibited and violate our Terms of Use. This includes exploiting methods that generate risk-free, consistent simulated profits on demo accounts.
Expectations for Funded Traders:
- Realistic Trading: Funded Traders are expected to trade on their accounts as if they were live accounts, reflecting real market conditions.
- Prohibited Strategies: Utilizing strategies designed to exploit demo accounts for risk-free profits will lead to account closure, whether during the evaluation phase or while funded.
- Account Management and Copy Trading: Using account management services, “pass your challenge” services, or copy trading services is strictly prohibited. Engaging in these activities will result in the rejection of any Simulated Funded Accounts and a permanent ban from all ShareAFunds.com services.
We emphasize that maintaining integrity and realistic trading practices is crucial to ensuring a fair and effective trading environment for all participants.
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