What is the policy on Prohibited Trading Activity?

You are expressly prohibited from using the Services to violate any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national, or international, or to violate the rights of a third-party, including, but not limited to intellectual property rights, privacy rights, rights of publicity, or other personal or proprietary rights.

Additionally, you are expressly prohibited from scraping, crawling, framing, posting unauthorized links to, aggregating, hacking, performing denial of service (DOS) attacks on, reverse engineering, or circumventing technological protection measures of the Services or the Company website.

You are also prohibited from using the Services or the Company website to transmit unsolicited commercial emails to third parties or Traders of the Company. While The Company is not responsible for any such content posted by its Traders and does not have the affirmative obligations to monitor such content, it does reserve the right to remove them.

You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the broker(s) (“Broker”) it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:

• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker;
• Using any trading strategy intended to exploit or create errors in the Services such as errors in the display of prices or delay in their updates;
• Trading excessive or unrealistic number of contracts in the day;
• Performing trades using an external or slow Data feed;
• Engaging in trades or combinations of trades, either individually or in collaboration with others, including through connected accounts or accounts held with different SiegFund users, with the intent to manipulate, abuse, or gain an unfair advantage while using the Site or Services. This includes, but is not limited to, simultaneously entering into opposite positions;
• In collaboration with others, including through unconnected accounts and third parties, engaging in the same trading strategy (e.g., executing identical trades at the same time intervals), opposite strategies, or other activities intended to pool or hedge the risk of the aggregate, unconnected accounts;
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account;
• Using any tools or methods that could negatively impact the operation of the Site and Services, or that are intended to exploit any errors, bugs, or other deficiencies in the Site and Services;
• Trading on behalf of others, including but not limited to sharing any incentives as part of a business arrangement;
• or engaging in other conduct which, at the sole discretion of SiegFund, represents uncommercial activity, is intended to game the market, or otherwise is not a viable trading strategy;

• Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity.  To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release.  Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any profit calculations;
• Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by SiegFund in its sole and absolute discretion;

If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.

Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.  

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