Prohibited Practices

  1. Copy Trading:
    • You cannot use signals, copy trading, group trading, or any activity resulting in the same trades as other traders.
  2. Reverse Trading / Group Hedging:
    • Hedging or executing opposite trades within a single account is allowed. However, executing such strategies between different accounts or account owners (e.g., opening a sell trade in one account and a buy trade in another for the same currency pair) is not permitted.
    • Group hedging involves multiple individuals opening opposing positions across one or more proprietary trading firms to ensure one position always wins. All accounts engaged in this practice will be disabled.
  3. Account Management Services:
    • Purchasing account management services or allowing someone else to trade on your behalf is strictly prohibited.
    • Sharing accounts and permitting others to trade on your account is also forbidden.
  4. Grid Trading or Grid Trading EA / Layering:
    • Identification of Grid Trading is subjective but generally involves:
      • Determining the initial grid price.
      • Choosing an interval (e.g., 5 pips, 25 pips, or 50 pips).
      • Deciding whether the grid will be trend-following or counter-trend.
      • Adding trades as drawdown occurs.
  5. Stacking of Trades / Layering / Stacking:
    • Having 2 open trades simultaneously is not considered stacking. However, having 3 or more positions open in the same instrument and direction will result in the loss of your funded account. For example, opening 3 XAU buy trades is considered stacking.
  6. IP Management:
    • The IP address from which you log into your master account must remain consistent. Multiple IP addresses logging into your account may be flagged as a violation of account management. If two individuals trade from the same location for any reason, they must use a VPS (Virtual Private Server). Please contact support if you have any questions.
  7. Martingale Trading / EAs:
    • This strategy increases position sizes after losses to recover previous losses. It is highly risky and can result in significant losses during extended losing streaks. Therefore, Martingale trading is prohibited at Dunomik, emphasizing responsible trading practices.
  8. Latency Arbitrage:
    • Exploiting price differences of an asset in different markets due to data transmission delays, gaining almost instant profits before prices update. This practice distorts the market and does not reflect genuine trading. It is prohibited at Dunomik.
  9. Guaranteed Limit Orders on News Events:
    • Placing buy and sell orders around significant news events to secure a specific price. This can cause high volatility and market distortion, providing an unfair advantage to those using this tactic. Dunomik prohibits this practice to maintain a fair and balanced trading environment.

Please note that participation in any of these strategies may result in the loss of your account at Dunomik.

DUNOMIK