Since we believe that traders achieve the best results when they are not excessively restricted, E8Markets only prohibits strategies that exploit imperfections of the simulated market and would not be successful in the long term on a real market.
List of Prohibited Practices:
Any strategies that exploit imperfections of the simulated market, such as Gapped, Illiquid Market Trading, or taking advantage of slow data feeds.
Any strategies that create or exploit errors in the services, such as errors in the display of prices, delays in their updates, or taking advantage of slow data feeds, etc.
Semi-Automated or Fully-Automated Trading, such as trading bots, AI tools, HFT trading (more than 300 trades per day), etc.
Holding a position within 2% of a product's lock limit.
Any cooperation with other traders, such as hedging, copy trading, etc.
Performing trades in conflict with the terms and conditions of E8Markets.
Account management: All users are entitled to trade only on accounts under their names.
Irresponsible Trading and All-or-Nothing Trading: Executing large-volume trades without a coherent strategy or disregarding fundamental market analysis and risk management practices is considered an abuse of the simulated environment. This behavior will be penalized as it does not provide viable trading data.
Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited. Hedging, which involves opening opposing positions on the same asset, undermines fair trading and disrupts the integrity of our platform.
Compliance with CME Group Rules: All trading activities must adhere to CME Group's rules and regulations.
Tick Scalping - A minimum of 50% of all profits must come from trades with a holding period of no less than 10 seconds.
All trading strategies must be demonstrably replicable under both simulated and real market conditions. Any attempt to exploit the nature of a simulated environment will not be tolerated. This includes, but is not limited to, reliance on micro-scalping during illiquid market hours, trading illiquid instruments, excessive or disproportionate risk-taking, account rolling, or any behavior that would not reasonably translate to real market execution.
If our risk team determines that your trading activity does not adhere to these principles or lacks real-market viability, we reserve the right to terminate your account(s) without further notice.
All users are required to always trade the Front Month Contract on every instrument. Front Month Contract is described as the contract with the highest Volume (liquidity). For more information about contracts and how to spot a Front Month Contract, please use this guide.
Protective Risk Measures
Penalties for Prohibited Practices:
Engaging in prohibited trading practices will result in termination from our program and a refund of the fee paid from the account where this rule was broken. Before receiving a simulated SimFi™ performance account, we will review your trading activities for compliance. Failure to comply may result in not receiving a simulated SimFi™ performance account or the closure of your existing one, including the loss of accrued profits. E8Markets reserves the right to de-risk your trading strategy.
To ensure the integrity and stability of our trading environment, we require traders to demonstrate consistent trading practices. If a trader's approach shows signs of extreme behavior, their trading may be subject to review by our risk team who may require consistency over a longer period of time.
In that case, the trader will be required to provide further trading history to demonstrate that his profits are the result of a consistent and sustainable trading approach. Specifically, the trader will need to continue trading for an extended period and showcase a longer-term trading approach, and not an ''all-or-nothing'' approach.
If the trader fails to demonstrate a consistent and sustainable trading strategy, E8 Markets reserves the right to impose restrictions on trading activities, terminate the agreement, or withhold payouts.
Purpose: These updated policies are designed to promote responsible trading and ensure the integrity and fairness of our trading platform.