At Dunomik, we accept almost all trading practices. However, we seek professional traders who understand how to manage large capital and risk. We are not interested in those who try to manipulate the system. Below are the practices and strategies we do not allow.
- Copy Trading:
- You cannot use signals, copy trading, group trading, or any other activity resulting in the same trades as other traders.
- Reverse Trading / Group Hedging:
- Hedging or executing reverse trades within a single account is allowed; however, doing so between different accounts and account owners is not accepted. You cannot open a sell trade in one account and a buy trade in another for the same currency pair.
- Group hedging involves multiple people opening opposite positions in one or more proprietary trading firms to ensure one position always wins. All accounts participating in this practice will be disabled.
- Account Management Services:
- Purchasing account management services or allowing someone else to trade for you is not tolerated.
- Sharing accounts and allowing someone else to trade on your account is strictly prohibited.
- Grid Trading or Grid Trading EA / Layering:
- Identifying Grid Trading is subjective to our fraud department, but we usually use the following points:
- Determine the initial price of the grid.
- Choose an interval, such as 5 pips, 25 pips, or 50 pips.
- Determine if the grid will be with or against the trend.
- Add trades as there is a drawdown.
- Trade Stacking / Layering / Stacking:
- Having 2 trades open at once is not considered stacking; however, once there are 3 or more positions open in the same instrument, in the same direction, you will lose your funded account. For example, if you open 3 buy trades of XAU, it will be considered stacking.
- IP Management:
- The IP address from which you log into your master account must remain consistent. If we detect multiple IP addresses logging into your account, our system will consider it a violation due to potential account management. Note that if two people trade in the same place for any reason, it is mandatory to use VPS. Please contact support if you have any questions.
- Martingale Trading / EAs:
- This strategy increases position sizes after each loss, aiming to recover previous losses. It is very risky and can cause large losses in prolonged series of failed trades. Therefore, at Dunomik, this strategy is prohibited to emphasize responsible trading.
- Latency Arbitrage:
- This strategy exploits price differences of an asset in different markets due to data transmission delays, making nearly instant profits before prices update. It is prohibited at Dunomik because it distorts the market and does not reflect genuine trading.
- Guaranteed Limit Orders on News Events:
- This strategy involves placing buy and sell orders around major news events to secure a specific price. This can cause high volatility and distort the market, giving an unfair advantage to those who use this tactic. For this reason, Dunomik prohibits this practice to maintain a fair and balanced trading environment.
Please note that any trader participating in the mentioned strategies will be subject to losing their account.