Management and Social Trading are practices in which a trader copies other people's trades or gives access to the trading account to other people.
Management and Social Trading parameters:
Identical IPs: On trading accounts, trades are opened by the same IP
Identical serials: On trading accounts, trades are opened by different IPs but with the same serial number of the device.
Similar trading operations:
Operations are on the same instruments more than 60% of the time.
Take profits are the same more than 60% of the time on the same instruments.
Stop losses are the same more than 60% of the time on the same instruments.
They trade more than 60% of the time on the same instruments in the same direction or opposite direction (Hedge Trading).
Win rate percentages are very similar.
This behavior is absolutely forbidden in Prop Number One.
In this way, even those who do not have a great experience in trading with single operations can obtain large profits that are not "Genuine".
This practice is prohibited on Prop Number One, be careful even a BOT or purchased Software, if set with incorrect parameters can cause you to incur this penalty.
Below are the rules and applicable penalties.
What happens if I have been reported for Social Trading or Management?
What happens with a first warning
Phase 1: The account is disabled and the challenge is lost.
Phase 2: The account is disabled and the challenge is lost.
Funded: The account is disabled and the challenge is lost.
N.B.
Of course we will provide all the necessary evidence of our systems so that our users can also verify.
Please note that it is the trader's responsibility to ensure that the software and BOT purchased do not operate at exaggerated leverage, in any case once the sanction is detected the risk management will apply it unilaterally.