OriginFx categorises rule breaches into two types: soft breaches and hard breaches.
Soft breaches may result in a 24-hour suspension, deduction of trade profits, and/or invalidation of trades. Multiple soft breaches can lead to a hard breach.
Examples include:
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1. Breach Classification and Associated Violations
Hard Breach Violations:
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Drawdown Violations:
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Daily Drawdown Limit: 5%
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Max Drawdown Overall: 10%
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Exceeding these limits results in immediate termination (hard breach).
Soft Breach Violations (Minor Severity):
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Violations categorized as minor are subject to escalating warnings and temporary suspensions before reaching a hard breach.
2. News Trading Violations
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Trading Restrictions:
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1st Offense: Warning (10 minutes)
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2nd Offense: Temporary Suspension (24 hours)
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3rd Offense: Hard Suspension (48 hours)
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4th Offense: Hard breach, leading to account cancellation.
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Trading within 10 minutes before or after a news release is prohibited.
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Breaches will be penalized as follows:
3. Hedging Violations
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Tolerance Level: 1% margin
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1st Offense: Warning with profits removed, trades closed after 1 minute
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2nd Offense: Warning with profits removed, trades closed after 10 minutes
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3rd Offense: Temporary suspension (24 hours) with profits removed, trades closed
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4th Offense: Hard Suspension (48 hours) with profits removed, trades closed
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5th Offense: Hard breach, leading to account cancellation.
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Penalties include floating trade closures and profit removal, escalating as follows:
4. Tick Scalping Violations
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Scalping Limitations:
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1st Violation: Soft suspension for 24 hours
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2nd Violation: Hard breach leading to account cancellation.
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Maximum of 8 positions (buy/sell) within a 120-second window.
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Breach escalations:
5. Copy Trading Violations
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Trade Copying Limit:
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1st Violation: Temporary suspension (24 hours)
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2nd Violation: Hard breach and account cancellation.
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Maximum of 50% of total trades may be copy-traded.
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