No. Scalping is prohibited at Moneta Markets under the Client Agreement.
What is scalping?
Scalping is a trading strategy that involves opening and closing positions over short periods, often seconds or minutes, to capture small price movements.
Can I use an Expert Advisor (EA) for scalping?
No. Using an Expert Advisor (EA), which is an automated trading program, does not make a prohibited trading strategy permissible. Trading activity must comply with the applicable Client Agreement whether trades are placed manually or automatically.
How can I check my strategy's eligibility?
The key consideration is whether the trading activity complies with the Client Agreement and does not involve prohibited or abusive practices.
If you are unsure whether a particular strategy is permitted, please review the Client Agreement and the relevant trading conditions before using it.
Where trading activity is found to involve prohibited practices, Moneta Markets may take appropriate action in accordance with the Client Agreement and applicable terms.
For further details, please refer to the Moneta Markets Client Agreement.
