What are account breaches?

Breaches are automatically placed on accounts that break any of our TRADING RULES.

The severity of a breach usually falls into two categories:

Hard Breach - Accounts with these breaches are terminated and trading is ceased.
Soft Breach - Accounts with these breaches won't be closed immediately but will be monitored more closely by a member of the risk management team.

The following shows different examples of trading activity and the breaches that may or may not occur:

These include but are not limited to:

Activity	Breach
Not Placing a stop loss on a trade within 60 seconds	Soft
Allowing a different person or party to access and trade your account	Hard
Reaching the maximum absolute drawdown	Hard
Trading within 5 minutes of a major news release	Soft
High Frequency Trading (HFT)	Hard
Being inactive for longer than 30 days without informing us	Hard
Closing a trade within 30 seconds of opening	Soft
Triggering the account protector after falling below -2% floating PnL	Soft

You will receive an email if you trigger a breach.

You can see all of our trading rules in detail, here.

This list is not conclusive.
The FTUK team reserve the right to assess account breaches on an individual basis, especially when the same breach occurs multiple times.

Updated on: 26/11/2024