Trading under multiple accounts under different registrations

Modified on Fri, 24 Apr at 8:35 PM

Definition 

  • Multiple Account Registration 
    Opening or operating more than one account using different or misleading registration details 

  • This includes: 

  • Using different names or identities 

  • Creating accounts under false information 

  • Managing accounts indirectly through other individuals 

 

Restriction Policy 

  • This practice is strictly prohibited 

 

What is Considered a Violation 

  • Creating multiple accounts using: 

  • False or altered personal details 

  • Different identities to bypass rules 

  • Operating or controlling accounts: 

  • Directly or indirectly 

  • Through third parties 

  • Using technical methods to disguise ownershipsuch as: 

  • Different IP addresses 

  • VPNs or proxies 

  • Multiple devices or virtual machines 

➡️ Similarly to Group Tradingany indication of shared control or ownership is considered a violation 

 

Risk & Compliance Issues 

Rule Circumvention 

  • Multiple accounts may be used to: 

  • Bypass trading restrictions 

  • Avoid risk limits 

  • Gain unfair advantages 

 

Unfair Trading Practices 

  • Creates an uneven environment between traders 

➡️ Violates fair usage policies 

 

Rule Summary 

  • Each trader must: 
    ️ Use a single, verified account 
    ✔️ Provide accurate and genuine information 

  • Any attempt to: 
    ❌ Create or control multiple accounts under different registrations 

➡️ Will result in account action (restrictionsuspensionor termination) 

 

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