Scalping is a trading strategy which is deemed an unacceptable practice if used to return profits by taking advantage of internet latencies, delayed prices or through high volumes of transactions targeting tick fluctuations (rather than price movements) where trades are opened and closed very quickly.
Such Scalping is considered a breach of our General Terms and Conditions and as such we reserve the right to act reasonably and in good faith and at our sole discretion to:
1. Immediately terminate your account and your access to our servers.
2. Void any trade (i.e., treat the trade as if the trade had never taken place) which was part of any Scalping activity.
3. Close or delete any trade, which was part of any Scalping activity, on the basis of our current market price.
We can exercise the above rights even if you have entered into (or refrained from entering into) arrangements with third parties relating to the relevant trade and even if you may suffer a trading loss as a result.
Please be advised that all trading activity is monitored, and in the event it is identified that you are Scalping we reserve the right to close your account with immediate effect.