We pride ourselves on fostering a trading environment that promotes skill development, disciplined risk management, and consistent performance. As part of our commitment to an honest and professional trading experience, we prohibit the use of Expert Advisors (EAs), automated trading systems, or any algorithmic trading on our platform. This policy is crucial to our Terms of Service, and violations will lead to immediate consequences, including possible account termination.
Why We Ban EAs:
Skill Development: Trading involves learning, market analysis, and decision-making. EAs bypass these learning opportunities.
Fairness: Automated systems can create an uneven playing field, disrupting the market and affecting other traders. We want everyone to have an equal chance.
Risk Management: EAs might over-leverage accounts, contradicting our risk policies.
Accountability: Traders should be responsible for their trades. EAs remove that responsibility.
Consequences of Using EAs:
Immediate Account Suspension: Suspended during investigation.
Account Termination: Confirmed use leads to permanent termination and forfeiture of profits.
Forfeiture of Funds: Remaining funds might be forfeited.
How to Succeed Without EAs:
Create a Trading Plan: Define your goals, manage risk, and adhere to your strategy.
Test Your Strategies: Back test your plans for various market conditions.
Keep Learning: Stay informed on market trends and enhance your trading knowledge.
Be Patient: Focus on long-term gains, not quick wins.
Conclusion:
At Leveled up traders Prop Firm, we're committed to helping traders grow their skills. For any questions, please contact our support team.