The rules they do not put on the pricing page
48 terms across 15 firms that can cost you an account or a payout after you have paid — 28 of them close the account outright. Every one is quoted from the firm’s own pages, with a link to where we read it.
Identity
Accounts, devices, IPs and who is really trading.
- Funding TradersCloses the account
Copy trading between your own Instant accounts is not allowed
Using copy-trading software between FT Instant accounts is prohibited, even when every account is yours.
VPNs and IP masking are prohibited outright
ETF prohibits VPNs, proxies and any IP-masking technology on trading accounts. Traders who use a VPN routinely for privacy, or who travel, can breach without placing a bad trade.
- ThinkCapitalCloses the account
Trading like someone else can be treated as copying
ThinkCapital reserves the right to deem that users are coordinating or copying trades if multiple users place trades in the same instrument, in the same direction, within one minute of each other, or if instruments, entries and exits are identical or substantially similar. No agreement between the traders needs to be shown. Two people following the same public signal room can meet this test.
This list is only as complete as our reading. 15 of the firms we track have been through a rulebook pass; the rest are still to do, and a firm missing from here has not been cleared — it has not been checked. See every firm we track.