To further regulate cryptocurrency trading behavior, maintain fair market order, prevent risks, and protect the legal rights of cryptocurrency market participants, the trading platform will supervise and manage cryptocurrency trading activities. If abnormal trading behavior is detected among platform users, the trading platform has the right to take corresponding measures against the relevant participants. Therefore, all traders must strictly comply with our "Terms of Use."
Our goal is to protect the company and the community by ensuring responsible trading behavior. We will review trading data to identify behaviors that violate the "Terms of Use" or are inconsistent with real market conditions. All accounts may be subject to internal statistical reviews at any time to monitor trading activities and behaviors. These reviews include verification of withdrawal requests, trading data, and KYC information to identify potential violations.
Based on the review results, if violations are found, we may take the following measures: disqualification from challenges, rollback of abnormal trades, rejection of abnormal profit withdrawals, and permanent account freezing. These reviews may be conducted at any time, and violating accounts may face the following handling measures:
- Disqualification from challenges
- Rollback of abnormal trades
- Account freezing
- Termination of account challenges
Examples of Prohibited Trading Strategies
1. Hedging Arbitrage or Multi-Account Group Hedging Arbitrage
Hedging or multi-account group hedging refers to individuals or a group of traders conducting opposite-direction trades (i.e., buying/selling) on the same or different currency pairs through multiple accounts within a certain period.
Such arbitrage trading, also known as AB warehouse trading, attempts to achieve risk-free arbitrage and abnormal profits through trading mechanisms without bearing significant market risks.
This behavior violates the compliant operation of real financial markets and is strictly prohibited. Once detected, violating trading accounts will be subject to risk control measures, including freezing withdrawals and rolling back abnormal trades. Repeat offenders will have their PropW accounts permanently frozen.
2. Account Sharing or Account Trading
Traders are not allowed to share accounts or resell simulated fund accounts to others, whether relatives or friends, for any reason.
Account sharing and account trading are strictly prohibited. Such behaviors will result in your account being immediately deemed in violation and permanently banned from using our services, as they violate the company's "Terms of Use." Account selling is strictly prohibited, and violations will result in immediate account freezing and challenge failure.
3. Fake Identity Information Accounts
Fake identity information accounts refer to traders using forged or misleading identity information to register accounts to evade risk control reviews or engage in prohibited arbitrage trading. For example, traders whose accounts were banned for violations (such as arbitrage or hedging) may use fake identities to re-register and continue trading.
Common methods of fake identity registration include:
- Using fake ID cards, passports, or other identity documents for KYC verification.
- Stealing or purchasing others' identity information for registration.
- Forging identities by modifying documents or using AI-generated fake identity information.
- Creating multiple accounts with the same identity but forging different identity information.
Using fake identity information to register accounts is a serious violation, not only breaching the company's "Terms of Use" but also potentially involving legal risks. All traders must provide true and valid identity information; otherwise, they will face account termination and loss of funds. Once fake identity information is detected, the PropW account will be immediately frozen and deemed to have failed the challenge.
4. Frequent IP Switching for Trading
Frequent IP switching for trading refers to traders using different network connections, VPNs, proxy servers, or other technical means to switch IP addresses multiple times within a short period for trading.
This behavior is often associated with the following prohibited purposes:
- Evading risk control monitoring
- Operating multiple accounts
- Hiding real identities
- Engaging in arbitrage or hedging trading
The platform strictly prohibits frequent IP switching, especially cross-regional IP switching within a short period. Once detected, the account will be immediately frozen, and abnormal profits will be deducted.
5. Other Abnormal Arbitrage Behaviors
Other abnormal trading arbitrage behaviors that undermine the fairness of platform trading and harm the platform's interests. The platform will impose risk control measures on users based on the severity of the violations.
**Final Statement**
The above lists the most common strategies we have identified for abusing PropW accounts, but this list does not cover all possible violations of trading rules. If any account is found to use unfair strategies or trading methods inconsistent with real market logic, the account will not receive funding support, and the PropW account may be deemed in violation.
Please note that all trading on our platform must comply with the operational logic of real financial markets. As we obtain more trading data, our statistical evaluation and review standards are continuously optimized. Therefore, certain trading behaviors that were not flagged in the past may be identified and handled by the system in the future.
If a trading strategy cannot be replicated in real markets, we reserve the right to investigate the strategy and terminate your access to our services. The platform retains the final interpretation rights of these rules.