Prohibited Practices
Prohibition of Using VPN or Proxy
Strictly No VPNs or Proxies Allowed:
At Wildfunded, we require that every user accesses our platform using their real IP address. The use of VPNs, proxies, or any other tools that mask or alter your real IP address while using our services is strictly prohibited. This rule applies without exception to ensure security, fairness, and compliance with our platform’s policies.
Enforcement & Consequences:
All IPs are recorded each time you access our platform. These logs must reflect your real location. If we detect VPN or proxy usage on your account, the following actions will be taken:
Immediate account suspension while we review the violation.
Your account will be terminated and permanently banned without prior notice.
Any attempt to bypass our security measures will be flagged as a potential fraudulent activity, leading to severe restrictions on your account.
Forfeiture of funds or privileges associated with the account.
Legal action, which could include reporting to regulatory authorities, among other options.
How to Avoid Violations:
Always use your real IP address and connect from your actual physical location when accessing our platform.
Avoid using any software or tools that mask, alter, or hide your online identity.
If you are in a restricted region, please note that our services are not available in these areas due to partner restrictions. Any attempt to bypass these restrictions using a VPN or proxy will result in an immediate ban.
Hedging and Other Prohibited Actions
Consequences of Prohibited Actions:
Engaging in hedging or other prohibited actions can result in account termination, forfeiture of profits, and permanent banning from the platform, even during the Evaluation phase. Wildfunded is committed to maintaining a fair trading environment and takes strict measures to maintain that standard.
Hedging is a trading strategy where you simultaneously hold both long and short positions in the same, underlying, or correlated instruments. While it’s often used to reduce risk, it’s strictly prohibited on Wildfunded due to its potential for abuse and manipulation.
Should you be found involved in hedging or participating in any dubious activities, Wilfunded will immediately close all your accounts. You will lose any profits earned, and there’s a possibility of facing a permanent ban from the platform. These actions are enforced to maintain a level playing field for all participants.
We are committed to maintaining a clear and ethical trading atmosphere. It is mandatory for all traders to comply with these policies and maintain the highest level of integrity. Any attempts to evade these regulations will have serious repercussions, including forfeiting your trading account and privileges.
Additional Prohibited Actions for Traders:
Micro scalping: Micro scalp trading involves executing numerous quick trades for small profits. It is strictly forbidden to engage in micro scalping operations shorter than 10 seconds during the opening (5 minutes before and after) of the US market opening at 8:30 AM CST (Chicago). Doing so will result in the termination of the account.
Copy trading: Automated replication of other traders’ trades is banned.
Algorithmic trading: The use of computer programs for automated trading is prohibited.
Intentional fraud: Any deliberate deception or manipulation is strictly forbidden.
Creating multiple profiles: Creating multiple user profiles under the same name or identity is prohibited.
Inactivity: Failure to trade regularly, with no trading activity for a period of 15 consecutive calendar days, is prohibited unless a temporary suspension is approved. This rule applies to all accounts.
Prohibition of Multiple Users in a Single Household
To maintain fairness, transparency, and compliance with our policies, we strictly prohibit multiple users from operating accounts within the same household or under the same IP address. This rule applies without exception.
How It Works?
- Our system monitors and flags accounts using the same IP address or displaying similar activity patterns.
- Accounts identified as operating from the same household will be reviewed and may be restricted.
What Happens if This Policy is Violated?
- Accounts found in violation will be immediately restricted or suspended.
- Repeated violations may result in permanent account termination and disqualification from future participation.
Automated Trading Rules
In the realm of automated trading, Wildfunded enforces stringent guidelines to maintain a fair and transparent trading environment:
Can Someone Else Trade my Account?
It is a requirement that all accounts participating in our challenges are exclusively traded by the account owner without any alterations once a phase has been successfully completed. Failure to comply with this rule will be considered a breach of the account.
To maintain the integrity of the challenge and ensure a fair evaluation of your trading skills, it is crucial that you refrain from making any modifications or allowing others to trade on your behalf once you have progressed to a new stage. Only the account owner should be actively involved in trading activities for the respective accounts and simulated challenges.
Other Rules Prohibited
Wildfunded emphasizes ethical trading practices and order management to ensure a stable and reliable trading environment.
At Wildfunded, we deeply value your adherence to these guidelines as we collectively navigate towards a prosperous trading future. Our policies are crafted to protect traders and the firm, ensuring a viable and supportive platform for authentic trading skill development. We encourage all our traders to trade ethically, respecting the guidelines and the platform, to create a sustainable and profitable trading environment for all.
Microscalping Rules
Microscalping Rules
Microscalping is not allowed at WildFunded. Microscalping is a very short-term trading style in which positions are opened and closed within a matter of seconds, usually with the aim of capturing small profits from minimal market movements.
At WildFunded, we consider any trade with a duration of less than 10 seconds to be microscalping, regardless of the instrument, time of day, or market conditions.
For this reason, all trades must remain open for at least 10 seconds.
This rule applies to all trading activity at WildFunded and is intended to promote a consistent trading style and prevent strategies based exclusively on extremely fast executions.
What happens if I place a microscalping trade?
If you place a trade with a duration of less than 10 seconds, you will receive a Warning.
This first warning will not result in the immediate cancellation of your account, but it will be recorded as a violation of the microscalping rule.
If you place another trade lasting less than 10 seconds after receiving the first warning, your account will be terminated for violating the Microscalping Rules.
Why Microscalping Can Be Problematic?
This strategy lead to significant losses and can be problematic in certain trading environments due to its dependency on perfect market conditions and low slippage. Be careful when performing the following type of operations, your account could be blocked:
- Short Trade Duration: Trades are typically held for less than 10 seconds.
- Minimal Profit Targets: Aiming for profit margins of less than 5 points or just a few ticks.
- High Trade Frequency: Executing a large number of trades within a short timeframe.
- Tight Stops and Limits: Using very tight stop-loss and take-profit orders.
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Market Conditions: Microscalping works best in low volatility and highly liquid markets, which are not always available.
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Slippage: The strategy’s success heavily depends on minimal slippage, which is not guaranteed, especially in live trading environments.
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Order Execution: In a live environment, order execution may not be as quick and efficient as in simulated environments, leading to losses.
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Sustainability: While it can be profitable in the short term, microscalping often leads to inconsistent results and can quickly burn through trading accounts.
Understanding the nuances of microscalping is crucial for traders, especially those in simulated or prop trading environments, where such strategies may be restricted to ensure long-term profitability and sustainability.
Breaking Evaluation Account Rules
By joining Wildfunded, you agree to follow our trading rules as you aim to reach your target trading goals. Any violation of our trading rules disqualifies your account. You may familiarize yourself with our rules and trade responsibly to avoid losing your account.
If your challenge account is deactivated, you may purchase a reset.