With the vision to offer a trader-friendly funding program for all kinds of traders with diverse trading strategies, FundedNext has created a robust trading solution for the global prop trader. As a firm with a prolonged aim to serve them, we are constantly working on the traders’ needs and demands and updating our program accordingly.
One of the precautionary rules that FundedNext introduced during the launch, is the 30 Seconds Rule. The rule entails: “If a trader placed multiple trades with hugely varying lot sizes within 30 seconds, it would have been considered a violation in suspicion of trying to beat the system in malicious ways.“
It has come to our attention that the rule has puzzled a portion of the traders in our community. To make it easier and less confusing for the average abiding trader, we have now implemented automated ways of detecting malicious trading practices such as arbitrage trading, etc. Hence, we will no longer need to have a 30-second rule in place.
From now on, our “30-second rule” is going to be terminated. We are constantly developing FundedNext to become the most technologically advanced proprietary trading firm, and here is just another glimpse of it.
One of the precautionary rules that FundedNext introduced during the launch, is the 30 Seconds Rule. The rule entails: “If a trader placed multiple trades with hugely varying lot sizes within 30 seconds, it would have been considered a violation in suspicion of trying to beat the system in malicious ways.“
It has come to our attention that the rule has puzzled a portion of the traders in our community. To make it easier and less confusing for the average abiding trader, we have now implemented automated ways of detecting malicious trading practices such as arbitrage trading, etc. Hence, we will no longer need to have a 30-second rule in place.
From now on, our “30-second rule” is going to be terminated. We are constantly developing FundedNext to become the most technologically advanced proprietary trading firm, and here is just another glimpse of it.
