Challenge Rules & Prohibited Activities

Hexa Prop strictly prohibits fraud and abuse, as it is contrary to the Terms of Service accepted at registration. Please read the Terms and Conditions carefully and also familiarize yourself with the following guidelines.

Hexa Prop allows you to keep positions open at the weekend during, but you should be aware of the risks involved.

Stock exchanges are closed on Saturday and Sunday, so there are no quotes and no trading. However, during these two days, there may be events occurring that could trigger strong reactions on the markets. In such cases, there could be a significant gap at the start of trading on Monday.

If you are lucky, this move will be in the direction of your position, but if not, it could even take the balance over the stop-loss level and into a significant negative floating loss. If such a loss exceeds the allowed, daily loss limit, the system will deactivate the account. Hexa Prop is not able to pay out profits resulting from extreme gaps occurring over the weekend.

Spreads widen on all instruments at the weekend, which means that the distance between the Ask price and the Bid price will be wider.

Since the ask price will be higher on the weekend, this may close out the open short position as it reaches its stop-loss level. Therefore, we recommend that you watch out for the spreads over the weekend before leaving a position open for the weekend.

Hexa Prop permits the use of Expert Advisors (EA), but under strict conditions.

It is prohibited to use any trading strategy that is expressly forbidden by the Company or its Liquidity Providers. Such prohibited trading includes, but is not limited to, the following:

• Third-party EAs are prohibited. Only custom-developed trading robots are allowed to participate in trading activities. Using any third-party strategy, ready-made strategy, or any strategy designed specifically to pass challenge accounts successfully.
• Group usage of identical EAs among different users is strictly prohibited. If our monitoring system detects that the same EA is being used by multiple traders, it will be classified as a Hard Breach. This will result in the immediate closure of the affected accounts. Profits generated from such prohibited activities will not be paid out.
• Exploiting pricing errors or delays provided by the Liquidity Provider.
• Any trading method that jeopardizes the relationship between the Company and the Liquidity Provider or could lead to trade cancellations.
• Any trading method that causes regulatory issues for the Liquidity Provider.
• Using one strategy in the evaluation stage and then switching to a different strategy in the funded account.
• Attempting arbitrage between an evaluation account and another account, either with the Company or any third-party company, as determined at the Company’s discretion.
• Additional prohibited EA strategies include:
  • Copy/reverse copy trading
  • Latency arbitrage
  • HFT (High-Frequency Trading) and scalping strategies

If the Company determines that your trading constitutes Prohibited Trading, your participation in the program will be terminated, and any fees paid may be forfeited. Additionally, before any Trader is granted a Funded account, the Trader’s trading activity will be reviewed by the Company and the Liquidity Provider, in accordance with these Terms, to determine whether the trading activity constitutes Prohibited Trading. In the event of Prohibited Trading, the Trader will not receive a Funded account.

Please ensure that all your trading activities and EA usage comply with the above guidelines on the Hexa Prop platform!

Not allowed.

High-frequency trading (HFT) is characterised by the use of sophisticated computer algorithms and high-speed telecommunication networks. These algorithms force the IT system to execute transactions within milliseconds, which can cause a serious slowdown or even a complete system freeze. Therefore, HTF trading on Hexa Prop accounts is not allowed and will result in the immediate closure of the offending account.

Hyperactivity is the excessive trading activity of a trader. This means that the account is executes transactions too frequently and quickly in a short period of time. This includes frequent changes to orders, such as changing stop-loss or take-profit levels and updating limit orders.

Why is hyperactivity limited on Hexa Prop accounts? The reason is the same as why we do not allow HFT trading. The primary reason is that excessive activity can cause the trading platform to slow down, or in extreme cases, even freeze or crash the entire system. This can also result in delayed trade execution for other traders, which is extremely frustrating and unfair.

In order to ensure that all our traders trade in a balanced way, we do not allow hyperactive trading and we take measures to avoid it. We call a trade hyperactive if the number of trades in a day exceeds 100 open trades or 1 000 transactions. This number includes messages related to frequent changes to orders, such as modifying the level of stop-loss or take-profit and updating limit orders.

Hedging is allowed under one account with Hexa Prop. However, it is no longer allowed for multiple accounts as it does not reflect an appropriate trading strategy.

Example: suppose we have two trading accounts, “A” and “B”. You open a long position in 1 lot EUR/USD in account A and simultaneously open a short position with 1 lot EUR/USD in account B to cover account A. This is not allowed.

If the number of positions opened in a day exceeds 100 or the total number of daily transactions exceeds 1 000 then the trading account will be closed as it is considered to be hyperactive.

Hexa Prop allows traders to trade from another Hexa Prop account or brokerage firm, provided that the accounts are owned by the same person. This means you can copy trades from any account(s) of which you are the owner of. However, you are not allowed to copy between multiple accounts owned by another person, including relatives or friends.

In case of violations, we will suspend the problematic accounts.

Reselling or sharing your Hexa Prop account with other persons or entities is a violation of the Hexa Prop Terms and Conditions and is strictly prohibited.

We do not allow gambling mentality. Disciplined and consistent trading is a prerequisite for entering and progressing to the Funded stage. If in the Funded stage we find that the client is trading with high exposure and excessive risk, then the irregularly earned profit will not be paid. If a trader is found to have a gambling mentality on a regular basis, in that case his/her account will be suspended and excluded from the program.

The minimum open trading time shows the minimum time a position must be open to avoid breaking the rule. A trade can only be evaluated and paid out if the position has been open for at least 30 seconds.

The maximum inactivity period should be 30 days, after which the account will be deleted.

Hexa Prop covers the withdrawal fees and does not pass this cost onto clients. This is why we have set a minimum withdrawal amount of $500, as this incurs a cost for our company.