Prohibited Practices
1. News Straddling
Placing opposing orders around major economic events to exploit volatility is not permitted.
Examples of prohibited behavior:
Placing simultaneous buy and sell orders before Non-Farm Payroll (NFP) data.
Using bracket orders to trap both sides of a news move.
Entering new positions within 2 minutes before and after restricted news releases.
✅ Note: Holding a position opened before the restricted window is allowed.
2. IP Address Irregularities
We monitor IP usage to prevent account sharing and fraud.
If multiple IPs are flagged in unusual patterns (e.g., constant location hopping), our risk management system will review and investigate.
Traders may be asked to explain activity. If abuse is confirmed, restrictions or payout denial may apply.
3. VPN & VPS Usage
VPNs and VPS tools are allowed, as many traders use them for security or latency reduction.
However:
Abusive or suspicious VPN/VPS activity will be flagged.
Accounts using these tools for fraud, manipulation, or account sharing risk restrictions or termination.
4. Improper Hedging
You cannot artificially hedge to manipulate risk or account metrics.
Prohibited behavior:
Opening long and short positions on the same instrument simultaneously.
Hedging across multiple YRM accounts.
Engaging in cross-prop hedging (buying with YRM while selling at another firm to offset risk).
✅ Traders must use directional strategies, not manipulation tactics.
5. Arbitrage Exploits
YRM accounts are not designed for arbitrage.
Prohibited behavior:
Latency arbitrage between platforms.
Exchange arbitrage of identical contracts.
Order manipulation via statistical arbitrage.
6. Copy Trading & Trade Replication
YRM allows independent discretionary trading only, but with some flexibility around tools.
Not Allowed:
Copying trades from another trader’s account inside YRM.
Using social trading, mirror trading, or external signal replication from non-approved sources.
Hedging by mirroring trades between YRM and another prop firm (e.g., buying at YRM while selling at another firm).
Allowed:
Managing multiple of your own YRM accounts, provided each is traded with discretion and not for manipulation.
Running similar strategies across your accounts, so long as they are not exact mirrored entries intended to game the rules.
Using trade copiers across firms (as long as it is for trading purposes, not hedging or offsetting risk)
7. Algorithmic & High-Frequency Trading (HFT)
Trading bots or automated systems are restricted unless pre-approved.
Prohibited behavior:
Sub-second order placement/cancellation.
Tick scalping and latency-driven algos.
Spoofing or layering orders to manipulate market depth.
8. Account Sharing & Collaboration
Your account is for you only.
Prohibited behavior:
Letting someone else place trades on your account.
Sharing login credentials.
Trading multiple accounts from separate locations simultaneously.
Consequences of Violations
Violating prohibited trading practices can result in:
Immediate account restriction or termination.
Denial of payout requests (even if previously approved).
Permanent ban from all YRM Prop programs.
Possible legal action in cases of fraud.