Trading Rules

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Are there any forbidden trading strategies?

At FX Guys, we prohibit the use of strategies that exploit platform vulnerabilities, such as martingale, grid trading, and high-frequency trading tactics. Similarly, any activities aiming to take advantage of platform inefficiencies—such as gap trading, latency arbitrage, and toxic trading flow—are strictly forbidden. Use of third-party Expert Advisors for trade or risk management is allowed, but all other third-party EAs are prohibited. Breaching these guidelines will result in account termination, emphasizing our commitment to fair and authentic trading practices.

Can I use Expert Advisors (EAs), or High Frequency Trading (HFT) on my challenge and funded accounts?

No, FX Guys prioritizes genuine trading acumen and strategy. As such, the use of third-party EAs for trade or risk management is allowed, but all other third-party EAs are strictly prohibited. The use of other strategies such as High Frequency Trading (HFT), latency arbitrage, and any similar strategies are also not permitted.

We seek real traders who apply manual strategies, ensuring that all trading reflects true market understanding and skill. This policy supports our commitment to fostering a community of proficient and authentic traders.

Are VPN’s and VPS’s allowed?

We allow the use of both VPN’s and VPS’s to offer traders flexibility. However, copy trading or third party trading are both strictly prohibited. If multiple clients use the same IP address then we may ask for evidence of 1st party trading to confirm who is passing your account.

What happens if I breach trading rules on my account?

If your account breaches trading rules (e.g. breach daily loss parameters) then the account will become no longer eligible to be a funded account and the challenge phase will be failed. The account will be closed and the Trader Agreement terminated. If you have purchased a reset addon then a new account will be awarded to you from Stage 1 of the challenge process.

Note; some trading violations will not be automatically identified by our system and instead will be processed by our internal risk & compliance team when an account review is underway.

What constitutes as ‘Gambling’ and what is FX Guys stance on it?

Gambling can be deemed as any strategy that employs an ‘all or nothing’ approach. This style of trading does not align with who we are or our values, nor with the types of traders we wish to work with.

We are looking to work with proven traders who can consistently turn a profit whilst effectively managing risk by employing their own unique blend of winning strategies in order to scale their account size up to $500,000 managed capital. These are the traders who we wish to partner with.

Any trader or account who is deemed as ‘gambling’ will have their account voided and contract terminated as this will be deemed as a violation of our trading rules.