NYS Markets permits different trading styles, provided the activity reflects genuine market trading and responsible risk management. All trading must be conducted honestly and in good faith. Trading designed principally to exploit technical weaknesses, pricing anomalies, platform behavior, promotions, payout mechanics, or internal risk controls is prohibited, even where no single written rule precisely describes it.
Hedging is completely prohibited
Hedging is prohibited in every form:
Within the same account.
Across your own accounts.
Across different products where the positions are designed to offset each other.
Between different traders or coordinated groups.
Possible outcomes include payout denial and account closure.
Prohibited strategies and conduct
Latency arbitrage and reverse arbitrage.
Tick scalping designed to exploit execution.
Quote stuffing.
Execution or price-feed exploitation, including trading on delayed, frozen or incorrect quotes.
Infrastructure abuse, including order flooding and excessive order modifications intended to overload or manipulate the trading infrastructure.
Artificial or non-genuine trading.
Martingale.
Grid trading.
Recovery systems that rely on successive re-entries, position accumulation or progressive position-size increases to recover, offset or guarantee results.
Any method that produces unrealistic performance through a technical or structural exploit rather than genuine trading.
Market manipulation, including wash trading, layering, spoofing and order-book manipulation.
Excessive exposure, reckless overleveraging, irresponsible use of margin, gambling-style trading, or position sizing inconsistent with responsible risk management.
Selling, renting, lending or transferring an account, sharing credentials, third-party account management, use of multiple or third-party identities, and geographic circumvention.
Payment fraud and bad-faith chargebacks.
Any strategy designed to bypass, manipulate or avoid the applicable trading rules or risk limits.
Automation, AI and copy trading are allowed
Expert Advisors, bots and algorithms are allowed when all the rules of your program are respected.
AI tools, AI signals and AI analysis are allowed.
Trade copiers are allowed.
Copy trading is allowed between your own verified accounts, within any size conditions your program sets — check your product's rules article for the applicable account-size restrictions.
You remain responsible for every resulting order. A copier, an EA or an AI tool does not excuse breaches caused by latency, oversized positions or duplicate execution.
Bugs and exploits
Technical bugs must be reported to NYS Markets. Exploiting a bug is prohibited, and you may not knowingly keep gains created by a technical defect. NYS may reverse affected trades or balances, cancel purchases, hold payouts, suspend accounts or close accounts.
Consequences
Depending on severity, the Company may warn, pause trading, suspend or reset an account, cancel evaluation progress, revoke funded status, deny or adjust payouts, reverse profits attributable to abusive conduct, close accounts, or permanently ban a trader. A previously approved payout does not waive later review of separate trading activity or future violations.