At SeacrestFunded, we provide traders with flexibility in choosing their simulated trading styles and simulated strategies. However, we do have restrictions in place to prevent abusive practices and ensure fair simulated trading experiences. Please find below a comprehensive list of prohibited simulated trading practices. Violation of any of these requirements will result in immediate failure and closing of your demo account: We no longer allow EAs on MT5 or any platform. You are allowed to use copy trading with Tradersconnect.
1. Copy Trading:
Engaging in simulated trades that mimic another trader or group of traders across multiple accounts.
Using market-purchased/or homemade Expert Advisors (EAs) that facilitate copy trading or signal taking and any EA that places a trade are strictly forbidden here and not allowed.
2. Reverse Trading/Group Hedging:
Simulated Hedging or executing simulated reverse trades within a single demo account is permissible.
However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
3. Account Management Services:
Purchasing or providing live account or demo account management services or engaging in prop firm or simulated prop firm passing services is strictly forbidden.
Sharing your demo account information or allowing someone else to pass a challenge on your behalf is prohibited. Violation of this rule will result in the loss of all involved demo accounts.
4. HFT (High-Frequency Trading):
High-frequency trading (HFT) is strictly prohibited at our firm.
Engaging in HFT methods will be considered a violation, and demo accounts associated with such practices will be terminated. Order Layering and Excessive scalping as described in the rules for Funded accounts also will not be tolerated. You may receive a message regarding your account before you are moved to the funded stage with a warning that if you violate this rule your account will be terminated and also subject to profit removal.
5. Using Max Leverage/High Leverage and Gambling type Trading:
THESE RULES ARE ONLY FOR FUNDED ACCOUNTS:
Maxing out your leverage or close to it regardless of your SL is not a trading practice we condone or allow here. This also goes for gambling-type trading which also includes the above-mentioned. Your position size or sizes should not total more than 2% max risk of your account or your profits will be subject to removal. If in violation of this your account will be placed on risk restriction. This is not a casino and gambling-type trading is not permitted here.
You will get a warning the first time with possible removal of your profits on the first violation.
On the second violation, your profits will be removed again until you are in compliance with the rules but we will not breach your account.
6. Tick Scalping/Spamming and Rapid Trade/Order Layering:
What this entails is trying to spam off multiple positions of a lower lot size to avoid higher commissions or spreads with multiple positions of a lower size usually the same lot size of a smaller position to circumvent rules and Terms and Conditions of the trading environment. This strategy exploits the simulated funded environment and is not welcome here. If found to be doing this in your simulated funded account this can result in profit removal and or Termination of your account. This includes:
Opening positions of same size or different price levels across different accounts or the same accounts to avoid higher commissions and spreads with larger sizes.
Opening multiple positions on the same account AKA Spamming in the simulated funded account to purposefully undermine the rules and demo environment and will not be tolerated to ensure fair and normal trading practices here at Seacrest Funded. No more than two positions of the same pair within the same timeframe.
7. Prohibition of Multiple Accounts Sharing the Same Client ID (CID) on the MT5 Platform:
Rule Statement:
All traders participating in the Program are strictly prohibited from operating or accessing multiple trading accounts registered under the same Client ID (CID) on the MT5 platform, whether simultaneously or consecutively, regardless of account type or ownership claims.Each CID represents a unique individual trader, and account activity must reflect the independent risk management, trading behavior, and performance expected of a single participant. The use of a shared CID across multiple accounts undermines the integrity of account segregation and violates the principle of trader independence.
Engaging in this practice constitutes a direct breach of the Program’s Terms and Conditions, specifically those related to:
Risk and Consistency Requirements: Traders are expected to manage risk and demonstrate consistency independently. Using the same CID to operate multiple accounts can facilitate strategies (e.g., offsetting trades, hedging between accounts, or data mining) that distort true performance and risk exposure.
Sharing a CID across accounts is considered an attempt to game the system by exploiting rule differences, limits, or evaluation conditions in a way not permitted by the program.
Any detection of multiple accounts linked to the same CID—whether through manual review, system alerts, or metadata analysis—will result in immediate disqualification from the program. This may include:
Termination of all accounts associated with the offending CID.
Forfeiture of any profit shares, evaluations, or funded statuses.
Banned from future participation in the program.
Seacrest Funded uses automated and manual monitoring systems to detect CID overlaps. It is the responsibility of each trader to ensure their CID is used solely for one account and not shared under any circumstances.
8. Prohibition of Latency Arbitrage and All Forms of Arbitrage
Seacrest Funded strictly prohibits the use of latency arbitrage, one-leg arbitrage, two-leg arbitrage, or any other form of arbitrage strategy designed to exploit delays, inefficiencies, or discrepancies in pricing, execution, or data feeds. Engaging in such activity will result in immediate removal from the program.
Latency Arbitrage: A strategy that exploits time delays between data feeds or between a broker’s price feed and execution servers in order to gain an unfair trading advantage.
One-Leg Arbitrage (1-Leg Arbitrage): Executing trades in only one market or account while exploiting a known price discrepancy relative to another market without placing offsetting trades.
Two-Leg Arbitrage (2-Leg Arbitrage): Simultaneously placing offsetting positions in two different markets, brokers, or accounts to profit from minor price differences.
Other Arbitrage Strategies: Any method—manual or automated—that uses speed, platform inefficiencies, pricing mismatches, or simultaneous execution to gain risk-free or unfair advantages.
Using other price feeds other than those provided by our platforms.
9. Excessive Scalping Policy:
To ensure a fair and stable trading environment, we require that the average holding time for your trades is longer than 2 minutes, each trade not averaged between all of your trades. While it's acceptable for some trades to be shorter, your trades must exceed the 2-minute mark.
Any profits earned during the simulated funded phase will be voided, and your account will be returned to its starting balance. These guidelines are in place to discourage tick scalping and prevent price feed manipulation by high-frequency trading strategies.
These arbitrage practices violate Seacrest Funded’s 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.
We maintain these restrictions to uphold a fair and transparent simulated trading environment for all of our traders
Disclaimer:
All content published and distributed by MyFunded Capital LTD; SeacrestFunded; and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer to buy or a solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any future contract, security, company, or leveraged instruments. Leveraged products such as CFD’s and FX trading are complex instruments with a high risk of losing money. 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) 2023-2024. All right Reserved. MyFunded Capital LTD.