The seven things that end an account

The conduct list is short on purpose, and it's a whitelist-by-default system: anything not on this list — any strategy, any session, news included — is allowed.

• Group passing and multi-account collusion — one trader, one track record.
• Copy-trading beyond your own accounts, in either direction.
• Cross-account or cross-firm hedging of the same exposure so one side is guaranteed to pass.
• Exploiting simulation artifacts — stale quotes, impossible fills, feed gaps. If it can't work on a live order book, it doesn't count here.
• HFT or fully automated systems without written approval (semi-automation is always fine — see the automation article).
• Identity misrepresentation — trading an account that isn't yours, buying or selling accounts, or false KYC.
• VPN or geo-evasion used to conceal identity or jurisdiction. Traveling is fine; hiding is not.

How enforcement works

Detection is analytical — fill-timestamp clustering, cross-account correlation, latency patterns — and every enforcement action starts with a human review of the evidence. You will always be told which rule and shown the basis. Conduct terminations forfeit pending payouts; payouts already approved before the violation window are honored.