TRADING USING BOTS AND EA’S (EXPERT ADVISORS)
At SeacrestFunded we now allow the use of Bots and EA’s to be incorporated into your trading and realize the huge demand we have had for allowing this back into our program. We want to provide the best options we can for our traders and show our commitment to providing it to our trading community. Please note this is for MT5 only as Match Trader does not support these functions. Using Duplikium is strictly prohibited.
RULES AND GUIDELINES:
1. Please make sure that your EA is unique to you especially when purchasing from the MetaQuotes store or other third party vendors to avoid identical trades with other customers.
2. No HFT Bots or EA’s. This includes EA’s or Bots with constant message changing and adjustments to the trade. This will not be tolerated and your use of these tools will be removed.
3. Any EA or Bot found to be involved in Arbitrage, 1-leg, 2-leg and any arbitrage or method that uses speed, platform inefficiencies, pricing mismatches, or simultaneous execution to gain an unfair advantage will violate Terms and Conditions.
These practices violate Seacrest Funded Terms and Conditions for the following reasons:
Unfair Advantage: Arbitrage-based strategies exploit technical or broker-specific inefficiencies, violating the spirit of fair and independent trading assessment.
Misrepresentation of Trading Skill: Such strategies do not reflect genuine trading performance or risk management ability and are inconsistent with the objectives of Seacrest Funded.
Program Integrity: Allowing arbitrage would compromise the integrity of the program, disrupt platform operations, and harm other participants and liquidity providers
Consequences of Violation:
Traders found engaging in any form of arbitrage, including but not limited to latency arbitrage, one-leg or two-leg arbitrage, will face the following actions:
Immediate disqualification from the Seacrest Funded program.
Closure of all associated accounts without warning.
Forfeiture of any profit shares or funding status attained through such activity.
Permanent ban from future participation in any Seacrest Funded programs.
Monitoring and Enforcement:
Seacrest Funded employs advanced monitoring systems, trade surveillance, and data analysis tools to detect patterns consistent with arbitrage activity. We reserve the right to investigate and take action against any trading behavior deemed manipulative or non-compliant.
Disclaimer:
All content published and distributed by MyFunded Solutions LLC out of Delaware, MyFundedFX, and its affiliates (collectively, the “Company”) provided for general informational and instructive purposes only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of, any security, investment, company, or fund. Leveraged products such as CFD’s and FX trading are complex instruments with a high risk of losing money. Please note; The information on the website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. Copyright (c) 2023. All right Reserved. MyFunded Solutions LLC out of Delaware.