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Prohibited Trading Practices

Trading practices that are not allowed on any Shark Futures account.

These rules apply to every account. Breaking them can lead to a denied payout, account closure or a permanent ban. Unsure about a strategy? Ask support first.


Allowed

  • News trading – except on LITE funded accounts (2 minutes either side of high-impact news).

  • Copy trading between your own accounts – including accounts at other firms and third-party copiers.

  • The same strategy on several accounts, and any discretionary style.


Not allowed

Practice

What it means

Copying or sharing

Copying other traders, signal providers or groups. Letting anyone else trade your account or use your login.

Hedging

Long and short on the same instrument, or hedging across Shark Futures accounts or against another firm.

News straddling

Orders on both sides of a release to exploit simulated fills.

Arbitrage

Latency, exchange or statistical arbitrage.

Bots and HFT

Without our approval: sub-second orders, tick scalping, spoofing or layering, splitting orders to beat position limits.

Microscalping

Half or more of your profit coming from trades held under 10 seconds.

“Lucky shot” trades

One trade making over 50% of the profit needed to pass or get paid, or trades that go far against you before closing (see below).

No risk control

Regularly holding big losers with no exit plan, all-or-nothing positions, erratic sizing, or doubling up after losses.

Account rolling

Max-size gambling, blowing the account and buying another to repeat.

IP abuse

Constant location hopping or logins from several regions at once. VPNs and VPS are fine.


How we check risk per trade

We compare how far each trade went against you (MAE) with the profit you took. If MAE is more than 5x the profit on 6 or more of every 10 trades, it’s flagged. Example: a trade goes $1,500 against you and closes +$200 – that’s 7.5x. Stop losses aren’t mandatory, but trade the way you would with your own money.


Reviews

  • We manually review unusual results: win rates near 100% (or over 90% across 15+ trades), unnaturally smooth profit curves, identical orders at the same timestamp, or identical trades across sessions.

  • We may ask for a live screen-share. Not responding within 48 hours can lead to suspension.

  • Meeting the target and payout rules makes you eligible to request a payout, but our risk team also checks how the profit was made. Our decision after review is final.

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