Every Forex company has its own set of rules. If you violate the rules, your profits may be confiscated or your account may be frozen, so please do not do it.
- Prohibited matter
- scalping trade
- Opening multiple accounts for the same person
- Login to multiple accounts from the same IP address
- credit card, debit card verification
- Hedging between multiple accounts
- Both houses at multiple FX companies
- Trades that load the server
- automated trading
- Trade aiming at window opening / window filling
The GT Group has penalties. Of course, if you do not follow the rules and trade, you will not be able to use it. What are the specific penalties? The penalties are summarized below.
Some FX companies prohibit scalping trades, but the GT Group does not. Traders can rest assured that the company is officially allowed to conduct scalping trades. The GT Group allows not only manual scalping trades, but also scalping trades in automated trading.
Opening multiple accounts for the same person
The GT Group prohibits the same person from opening multiple accounts. This is because you can open multiple accounts and receive the bonus on each account. The management side declares that if the management grasps multiple accounts, it will impose a fairly severe disposition such as withdrawal refusal and account freezing.
Login to multiple accounts from the same IP address
The administration prohibits the same person from opening multiple accounts, but they also track IPs at the same time. Access from the same IP may be considered multiple account operation by the same person. Please note that there is a possibility that you will be given a fairly severe disposition such as withdrawal refusal or account freeze due to this.
credit card, debit card verification
It is limited to users who have selected a credit card or debit card as a deposit method, but when using these cards, the system is designed to first authenticate the card. In the worst case, the account may be frozen if the credit card is not authenticated.
Hedging between multiple accounts
Hedging currency pairs between multiple accounts is prohibited. Hedging means holding a sell and a buy position in the same currency pair at the same time. Both buildings are OK, but in this case both buildings are prohibited.
Both houses at multiple FX companies
This is another pattern where both houses are NG. Hedging with opposite positions in the same currency pair in another Forex company’s account is prohibited. Since the FX company is different, it is difficult to discover, but if it is found, the account may be frozen.
Trades that load the server
If you keep repeating an abnormally large number of trades in a short period of time, it will put a fairly heavy load on the server. Transactions that exploit system malfunctions in this way are also prohibited. When the market changes suddenly, connection delays and rate errors may occur due to the concentration of access, but it is also prohibited to trade only at this timing.
No arbitrage trading is permitted. Arbitrage is a trade that takes advantage of the price difference between two traders to make a profit. Arbitrage is theoretically 100% win rate, but most Forex companies are cracking down on it.
Automated trading is allowed. By incorporating EA into MT5, you can trade automatically, and depending on how you use it, you can make a profit. However, automatic trading is not a recommended trade because more than 90% of people are fully bankrupt.
Trade aiming at window opening / window filling
We do not prohibit transactions aimed at opening or filling windows. A “window” is the gap between the high and low prices of the candlestick, a phenomenon that occurs at the beginning of the week. When the window opens, there is a movement to fill the window, so it becomes a market that is easy to win. However, the management does not prohibit such trades that aim to open or fill windows.