CD Markets Abnormal Trading Statement and Handling
To maintain normal market order, we reserve the right to handle all abnormal trading activities
Common Types of Abnormal Trading
In order to establish and provide a fair and impartial trading platform for customers to trade, the company will further review abnormal trading activities that appear in the customer's trading account, including but not limited to the following:
1.Opening and closing positions within 180 seconds or less.
2.Using malicious trading or external software to execute a large number of trades in the same account at the same time, exceeding the single trade limit of any product.
3.Using the same device to conduct high-frequency trading across multiple different accounts.
4.Illegally profiting by influencing international market prices, causing sharp fluctuations in the product.
5.Hedging by taking opposite direction trades in different trading accounts.
6.Sudden large-volume trading, such as suddenly changing from 0.01 lot to around 5-10 lots.
Abnormal Trading Handling Methods
Improper trading behaviors (such as malicious speculation to earn commissions, etc.) will create unfair conditions for the market, platform, and other customers, and will affect the stability and efficiency of the trading system. The company hereby solemnly declares that customers are not allowed to engage in any improper trading using their trading accounts. If one or more of the above abnormal trading situations occur in a trading account, the company's risk control department will review the trading account. During the review period, accounts with abnormal trading will be frozen for 3 months. The holder of the frozen account will receive an account freeze notification email or SMS from the company. During the freeze period, the company will suspend all business of the account, and no trading is allowed. After the freeze period ends, the company will unfreeze or handle the improper trading according to the review results. If the relevant trading is determined to be improper trading, the company will adopt the following handling methods:
1.If the loss amount of trading orders during the review period reaches 6% or more of the trading principal, no action will be taken, and the customer's withdrawal amount will be released to the customer.
2.If the loss amount of trading orders during the review period is less than 6% of the trading principal, we will charge 6% of the withdrawal amount as the cost of abnormal trading, and the balance after deducting the fee will be released to the customer.
3.If the trading orders during the review period are profitable, we will deduct all profits and charge 6% of the withdrawal amount as the cost of abnormal trading, and then release the balance to the customer.
If an account is suspected of abnormal trading beyond the definitions above, the company may, after further review, include it in the frozen list. The company reserves the right of final interpretation and the right to amend any of the above terms and conditions.