Since we believe that traders achieve the best results when they are not excessively restricted, E8 Markets 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 (Futures)
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.
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.
Performing trades in conflict with the terms and conditions of E8 Markets.
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.
Hedging across multiple users or 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 the SimFi Environment.
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.
Trading in the incorrect Month Contract may also result in termination of your account or deduction of profit made from trades on the incorrect contract.
SimFi™ Challenge & Performance Account Management
Account Completion & Independence:
Each SimFi Challenge and Performance Account must be traded independently. Cooperation with other traders - in any form - is not permitted.
Copy trading across your own accounts is allowed, including across SimFi Challenge Accounts, SimFi Performance Accounts, or any personal accounts, as long as all accounts belong to you and you alone.
Account Management & Capital Allocation:
Every account must be managed individually by the account holder. Users must comply with the maximum capital allocation limit for each product. For details on how many accounts you can hold at once, see this article.
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. E8 Markets 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.
Is there a mandatory interview after finishing my challenge or during payout?
To clarify, an interview is not part of every challenge completion or payout request.
E8's risk team may request a brief interview with traders at any stage. This is not standard practice, and it is a random procedure.
When it does occur, the purpose is straightforward:
To understand your trading background and experience
To discuss your approach to risk management
To learn more about the strategy behind your performance data
It is not an interrogation. It is part of how E8 evaluates and develops the SimFi™ environment.
These policies exist to promote responsible trading behaviour and protect the integrity of the SimFi assessment for every trader on the platform.