General Trading Restrictions

The maximum total loss per trading idea is 2% of the initial account balance, including floating and realized losses.

A trading idea consists of one or more trades on the same instrument in the same direction, opened as part of a single trading decision.

Additionally, all positions opened on the same instrument in the same direction consecutively or with less than 60 minutes between entries are automatically grouped by the system into one trading idea.

You must not split a single position into multiple orders to bypass the risk limit.

Example: on a $100,000 account, the maximum loss per trading idea is $2,000. If you open several EURUSD BUY trades as part of one idea, the total loss across those trades must not exceed $2,000.

Trading robots, expert advisors, EAs (Expert Advisors), signal bots, trade copiers, and automated trade management services are prohibited.

You must make trading decisions independently and trade each account individually.

The following are also prohibited:

• copying trades between your Era Trade challenges;

• copying trades between evaluation and funded accounts;

• copying other traders’ trades or using signal services;

• giving your account to a third party to manage;

• passing challenges in sync using identical trades or a single group strategy.

VPS and VPN services are allowed only for stable and secure access to your account. They must not be used to bypass rules, conceal links between accounts, or copy trades.

Example: you may open a trade manually using a VPS. You must not connect a robot or trade copier that automatically opens trades for you.

By default, holding positions over the weekend is prohibited.

For Forex, Metals, Indices, and Commodities, this rule applies both during the challenge and on a funded account. Positions must be closed before the market closes on Friday.

For Crypto / Bybit, holding positions over the weekend is allowed during both the challenge and funded stages, provided you comply with all other Era Trade and Bybit platform rules.

Example: if you trade a Forex challenge or a Forex funded account, you must close your positions before the market closes on Friday. If you trade on Bybit, you may hold positions over the weekend on both challenge and funded accounts.

News trading is allowed during the challenge stage, provided it does not violate other Era Trade rules.

On a funded account, you must not open or close trades during the 15 minutes before and 15 minutes after a red news event affecting the instrument.

On a funded account, you must close an open position in an affected instrument at least 15 minutes before a red news event. You must not hold such a position through the event, and manually closing it within the prohibited window is itself a violation.

A red news event is a news event marked in red in the calendar on the Forex Factory website.

For Forex, Metals, Indices, and Commodities, red news events relating to the relevant currencies and instruments are taken into account.

For Crypto / Bybit, only red US news events are taken into account, as they have the greatest impact on overall crypto market risk.

• First violation: profits earned during the prohibited news window are voided without closing the account.

• Repeated or systematic violations: the account may be closed without the right to a payout.

Example: if a red USD news event appears in the Forex Factory calendar, you must not open or close trades on USD-related instruments on a funded account during the 15 minutes before and 15 minutes after the event.

Bybit challenges are also subject to Bybit platform rules: you must not delete, modify, or use the API key and assigned sub-account for another challenge; one sub-account = one challenge; you must not request or add demo funds; you must not manually change the USDT balance.

On Bybit, only USDT futures pairs supported by Era Trade are allowed. Spot trading, options, USDC pairs, inverse contracts, and unsupported instruments do not count and may result in a rule violation.

Trades in low-liquidity assets, low-capitalization assets, instruments in the Bybit Innovation Zone, or trades with unrealistic execution in the demo environment may be subject to manual review and adjustment of the financial result.

Detailed rules are provided in the “Bybit Platform” section.

Hedging is prohibited if it is used to bypass Era Trade rules or artificially conceal risk.

You must not open opposing positions on the same instrument simultaneously within a single account.

You must also not open opposing or mutually offsetting positions on different accounts if they are linked to the same trader.

Example: you must not open BUY EURUSD and SELL EURUSD simultaneously on the same account. You must also not open BUY EURUSD on one account and SELL EURUSD on another to conceal risk or bypass drawdown limits.

Martingale is prohibited. You must not increase your risk or position size after a losing trade on the same instrument.

You may hold a maximum of 3 losing positions on the same trading instrument, provided the position size does not increase and the total risk remains within the 2% limit per trading idea.

Example 1 — allowed:
EURUSD Buy
Position 1 — 2 lots
Position 2 — 2 lots
Position 3 — 2 lots
The position size does not increase, so this is not considered martingale.

Example 2 — prohibited:
EURUSD Buy
Position 1 — 2 lots
Position 2 — 2.5 lots
Position 3 — 3 lots
The position size increases after a losing entry, so this is considered martingale.

Consequences: on the first violation, profits earned using martingale are voided. On the second and subsequent violations, the account is closed without the right to a payout.

High-frequency trading is prohibited.

Violations include:

• opening 3 or more orders within one minute;

• using HFT, latency arbitrage, tick scalping, or strategies that exploit execution speed, quote delays, or characteristics of the demo environment;

• systematically closing orders in less than 3 minutes without proper risk management.

Scalping is allowed if you use a Stop Loss, comply with the 2% risk limit per trading idea, and do not exceed the order frequency limit.

If an order is closed by Stop Loss in less than 3 minutes, this alone is not considered a violation.

Example: you manually open an order with a Stop Loss and close it after 4 minutes — this is allowed. If you open 3–5 orders within a minute or systematically close orders within a few seconds, this is considered high-frequency trading and a violation.

You must make at least one trade on each trading account every 30 days.

If there is no trading activity on an account for more than 30 days, the account is considered inactive and may be closed.

Example: if you have not opened a single trade within 30 days, your account may be blocked as inactive.

Era Trade prohibits a gambling approach and “all-or-nothing” trading.

You must not use margin amounting to 50% or more of the initial challenge balance in a single trade or a single trading idea.

Such trades are considered excessive risk and a violation of risk management rules.

Example: on a $100,000 challenge, you must not open a single trade or trading idea with $50,000 or more in margin used.