Trading rules at FXON Prohibitions and Notes
We are committed to trust and transparency, ensuring a safe and fair trading environment for our clients.
Prohibited activities
At FXON, we have established a set of rules to maintain a fair trading environment for our clients. Any involvement in the following activities may result in actions such as trade cancellations, transaction limitations, fund returns, account or Client Portal freezing, or membership termination at our discretion.
We are continuously working to improve our trading services and infrastructure to provide the best possible trading experience. To this end, any actions that may harm other clients are strictly prohibited.
Prohibited activities regarding trading accounts
At FXON, account applications, account openings, and usage by anyone other than the account holder are strictly prohibited under any circumstances. Please note that such actions fall under the category of prohibited activities.
Prohibited activities regarding trading accounts
At FXON, account applications, account openings, and usage by anyone other than the account holder are strictly prohibited under any circumstances. Please note that such actions fall under the category of prohibited activities.
Name discrepancy (third party, false, or fictitious)
Name discrepancy (third party, false, or fictitious)
Account under someone else’s name
Applying for or using a trading account under someone else’s name is strictly prohibited.
Engaging in such action may result in account deactivation, as well as withdrawal restrictions and the forfeiture of profits, if deemed malicious.
Shared account (family, group, or business)
Shared account (family, group, or business)
Account sharing
You may not share an account with anyone, including family or group members. In the case of corporate accounts, any use of the account by individuals other than the registered applicant is strictly prohibited.
If any of these actions are detected, we will advise the account holder to take corrective action. If the issue is not resolved, the account will be frozen.
Prohibited activities regarding trading
To ensure a fair trading environment for everyone, the following actions are strictly prohibited at FXON.
Prohibited activities regarding trading
To ensure a fair trading environment for everyone, the following actions are strictly prohibited at FXON.
Hedging across multiple brokers/trading accounts
Hedging across multiple brokers/trading accounts
Exploiting negative balance protection
Trading the same instrument or highly correlated instruments during volatile hours, such as the release of important indicators or between market sessions, with the intent to profit from one of them by exploiting negative balance protection (hedging across different accounts), is strictly prohibited, whether done across different accounts or brokers (*).
Engaging in such actions may result in account deactivation, and any profits derived from (or suspected to be derived from) these actions will be subject to forfeiture.
Arbitrage, connection delay, erroneous rate
Arbitrage, connection delay, erroneous rate
Exploiting the system
Arbitrage trading involves exploiting delayed price feeds or price discrepancies. This practice is prohibited as it disrupts a fair trading environment by taking advantage of system vulnerabilities, which may vary based on region, location, or internet environment.
Engaging in such actions may result in account deactivation, and any profits derived from (or suspected to be derived from) these actions will be subject to forfeiture.
Large simultaneous orders
Large simultaneous orders
Intentionally manipulating market price
Simultaneously trading large volumes of the same instrument across one or multiple accounts may be considered market manipulation, depending on the trade size.
Engaging in such action may result in account deactivation, as well as withdrawal restrictions and the forfeiture of profits, if deemed malicious.
High-frequency trading / high-speed trading EAs
High-frequency trading / high-speed trading EAs
System-intensive trading
To ensure a smooth trading experience for our clients, the use of EAs or trading practices that heavily burden the server or network is prohibited. This includes actions such as manually canceling numerous small orders (HST/HFT) or repeated trading during low liquidity hours.
If any of these actions are detected, we will advise the account holder to take corrective action. If the issue is not resolved, the account will be frozen.
Hedging within the same account is allowed; however, it is not recommended as it can be economically inefficient. Hedging carries the risk of negative swaps, doubled spread costs on offset trades, or increased trading fees, depending on how positions are closed.
Other prohibited activities
At FXON, influencing others' trades or soliciting investments is prohibited. Actions that may influence or provoke others' trades through false information or rumors not only disrupt other clients but also negatively affect our operations. Such actions will be taken seriously in accordance with our Client Agreement.
Other prohibited activities
At FXON, influencing others' trades or soliciting investments is prohibited. Actions that may influence or provoke others' trades through false information or rumors not only disrupt other clients but also negatively affect our operations. Such actions will be taken seriously in accordance with our Client Agreement.
■ Trading bonus
We occasionally offer trading bonuses to new clients, allowing them to experience the features and specifications of our services by trading with real accounts.
Trading bonuses may be subject to limitations or withdrawal conditions based on specific promotions or agreements with business partners. Please review the applicable rules before using them.
