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Wolforix Legal
Terms & Conditions
Wolforix Ltd. operates as a proprietary trading evaluation and educational platform. By accessing our services, you agree to the following terms.
Nature of Services
All trading activities are conducted in a simulated environment. No real funds are allocated to users, and no investment services are provided.
Eligibility
Users must be at least 18 years old and comply with all applicable laws in their jurisdiction.
Evaluation Program
Users participate in a trading evaluation designed to assess trading skills. Successful completion does not constitute employment or investment allocation.
Trading Rules
Users must adhere to all trading rules, including maximum drawdown, daily loss limits, and consistency requirements.
Allowed Instruments & Strategy Standards
Wolforix allows discretionary trading, algorithmic trading, and Expert Advisors (EAs) provided the strategy is legitimate, reflects real market conditions, aligns with sound risk management, and remains suitable for live capital allocation.
Tradable CFDs currently highlighted for the evaluation environment include EUR/USD, USD/JPY, and Gold (XAU/USD) as the primary commodities market.
Consistency Rule
To qualify for payouts, no more than 40% of total profits may be generated in a single trading day. If exceeded, additional trading activity is required.
News Trading Rule
It is prohibited to open or close trades 5 minutes before and 5 minutes after a high-impact news event. This restriction applies to both market orders and pending orders (including stop-loss or take-profit activations). You may hold existing positions during the event, but you may not initiate or close trades within this time window.
Scalping Rule
- Trades closed in less than 60 seconds are strictly prohibited if they result in profit.
- Such activity is considered non-replicable under real market conditions and may indicate latency exploitation or unrealistic execution.
- Standard scalping is allowed if trade duration reflects genuine market exposure.
- Wolforix may exclude such trades from profit calculations or take further action if repeated.
Prohibited Practices
Any form of abuse, arbitrage exploitation, latency exploitation, or manipulation of the trading environment will result in account review and may lead to account restriction or termination.
- Third-party EA duplication may conflict with internal risk management and can result in restricted allocation.
- Maximum simultaneous open orders and daily execution limits may apply.
- Excessive order placement, modification, or server overload may trigger a strategy review.
- Wolforix may remove or adjust positions, rebalance the account, reduce leverage, suspend or terminate the account, or end cooperation with the trader if prohibited activity is found.
Limitation of Liability
Wolforix Ltd. shall not be liable for any losses, damages, or inability to use the platform.