Traders are strictly prohibited from engaging in the following activities:
- Exploiting Market or System Inefficiencies:
Arbitrage trading (including hedge arbitrage, reverse arbitrage, latency arbitrage, or price discrepancy exploitation).
Trading based on system errors, price feed delays, display errors, or external/slow data feeds.
Using strategies that manipulate overnight rollover price feeds. - Unfair Trading Strategies & Manipulation:
High-frequency trading (HFT), including executing trades within a few seconds to exploit price movements.
Tick scalping.
Bracketing orders around high-impact news events.
Engaging in gap trading to exploit price gaps.
One-sided betting or overleveraging trades that pose excessive financial risk.
Trading methods that contradict normal forex or financial market practices.
Passing a challenge with a single high-risk trade without demonstrating consistent trading activity. - Prohibition of Gambling Practices:
Engaging in inappropriate risk management, such as gambling, “all-in” trading, or excessively leveraging positions.
Trading activity that resembles gambling, such as consistently placing trades prior to news releases or other binary events.
Excessive risk-taking, defined by the percentage of an account risked in a single trade or across a series of trades.
An “all-in” trade, which involves committing all or a substantial portion of available capital or margin to a single trade.
Improper use of leverage, where a trader risks a significant portion of their account in one trade or across a series of one-directional trades. - Coordinated or Third-Party Trading Activities:
Copying trades from others or coordinating trades with other accounts.
Reverse trading or group hedging within NGF accounts or accounts held with other entities.
Trading on behalf of others, account sharing, or reselling an account. - Unauthorized Use of Technology or Automation:
Using software, AI, bots, or mass data entry methods to manipulate or gain an unfair advantage. - Violating NGF’s Trading & Platform Rules:
Circumventing geographical or technical restrictions.
Executing trades that contradict the terms and conditions of the trading platform or client portal.
Performing any activity that NGF deems uncommercial, market-manipulating, or non-viable as a trading strategy.
Manipulating NGF systems manually or with automated tools in ways that deviate from normal intended use. - Fraudulent or Unauthorized Account Use:
Trading on an account without proper legal authorization.
Providing false, incomplete, outdated, or misleading information to conceal identity or the origin of funds
Engaging in any of these prohibited strategies may result in termination from the program and disqualification from receiving a funded account.
The Company reserves the right to review trading activities for compliance and block any Trader from participation at its discretion.