19th Jul. 2023

Scalping Policy

Scalping Policy

TD365.com (“TD365.com”, “we”, “us”) is a trading name of Trade Nation Financial UK Ltd, a company registered in England and Wales under company number 07073413, and authorised and regulated by the Financial Conduct Authority (“FCA”) with firm reference number 525164. Our address is 14 Bonhill Street, London, EC2A 4BX, United Kingdom.

1. Definition of Scalping:

Scalping is a trading strategy characterized by short-term, high-frequency trades aiming to profit from small price movements within a short time frame. However, it should be noted that scalping practices involving the exploitation of internet latencies, delayed prices, or targeting tick fluctuations instead of actual price movements are considered unacceptable and a breach of our Terms and Conditions.

2. Risk Disclosure:

Prior to engaging in scalping activities, clients must fully understand and acknowledge the associated risks. Scalping may involve increased transaction costs, market volatility, and execution risks. Clients should be aware that engaging in unacceptable scalping practices may result in immediate account termination and other actions as outlined in this policy.

3. Client Education:

We provide educational materials, guides, or webinars to help clients understand the concept of scalping and associated risks. Clients are strongly encouraged to educate themselves on scalping strategies, evaluate their suitability, and comply with our policies and regulatory requirements.

4. Prohibited Scalping Activities:

Unacceptable scalping practices, as mentioned in our Terms and Conditions, include but are not limited to:

1. Exploiting internet latencies or delayed prices to gain an unfair advantage in executing trades.
2. Engaging in high volumes of transactions targeting tick fluctuations instead of legitimate price movements.
3. Opening and closing trades very quickly solely to profit from small tick fluctuations rather than actual price movements.

Any client found to be participating in such prohibited scalping activities will be subject to the actions outlined below.

Actions for Breach of Scalping Policy:

In the event of a breach of our Scalping Policy, we reserve the right to act reasonably and in good faith, exercising our sole discretion. We may take the following actions:

1. Immediate Account Termination:

We reserve the right to immediately terminate the account and access to our servers of any client found engaging in unacceptable scalping practices.

2. Trade Voiding:

Any trades identified as part of scalping activity will be treated as if they had never taken place, and they will be voided accordingly.

3. Trade Closure at Current Market Price:

Trades identified as part of prohibited scalping activity may be closed at our current market price, regardless of any arrangements made with third parties. This action may result in potential trading losses for the client.

Monitoring and Enforcement:

We continuously monitor trading activity to identify any instances of prohibited scalping practices. Clients are advised that our monitoring systems are designed to detect and take appropriate action against scalping activities promptly. In the event of a violation, we reserve the right to close the account with immediate effect.

Please note that this policy is subject to regular reviews and updates to ensure compliance with regulatory requirements and address emerging risks. It is essential for clients to familiarize themselves with this policy and adhere to its guidelines to maintain a fair and transparent trading environment.