The trading practices permitted on Number One Capital Markets accounts, the conditions that apply when trading with a promotional bonus, and the strategies that are strictly prohibited on all account types.
Number One Capital Markets provides an open trading environment: scalping, hedging, news trading, gap trading and automated strategies executed through Expert Advisors are all permitted. These rules exist to protect the integrity of our pricing and execution for every client, and to define the conditions that apply when a promotional bonus is credited to an account. They apply to all live account types — Standard, ECN and Raw Spread — and form part of our Terms and Conditions.
The table below summarises what is permitted and what is prohibited across all account types.
| Rule | Status | Applies To |
|---|---|---|
| Minimum Trade Duration | 150 seconds (2 min 30 sec) | All account types |
| Scalping | Allowed (subject to the 150-second minimum) | All account types |
| High-Frequency Trading (HFT) | Strictly prohibited | All account types |
| Latency Arbitrage | Strictly prohibited | All account types |
| Tick Scalping | Strictly prohibited | All account types |
| Hedging | Allowed — except on bonus margin | All account types |
| 130% Full Margin Usage | Not permitted while trading with a bonus | Accounts with an active bonus |
| News Trading | Allowed | All account types |
| Gap Trading | Allowed | All account types |
| Expert Advisors (EAs) | Allowed, provided no rule below is breached | All account types |
The maximum forex leverage available on your account is determined by your account equity. As equity grows, the maximum leverage is stepped down and the minimum required margin increases accordingly. The applicable tier is assigned automatically and applies to all live account types.
| Maximum Forex Leverage | Equity, USD / USC | Minimum Required Margin |
|---|---|---|
| 1000:1 | 0 — 999 | 0.1% |
| 800:1 | 1 000 — 1 999 | 0.125% |
| 500:1 | 2 000 — 9 999 | 0.2% |
| 400:1 | 10 000 — 29 999 | 0.25% |
| 300:1 | 30 000 — 49 999 | 0.33% |
| 200:1 | 50 000 — 79 999 | 0.5% |
| 100:1 | 80 000 or more | 1% |
Each rule below applies to all live trading accounts held with Number One Capital Markets.
When trading with a promotional bonus, the use of 130% full margin is not permitted. Any abuse of bonus margin may result in the cancellation of the bonus and any profits generated from it.
All trades must remain open for at least 150 seconds (2 minutes and 30 seconds). If a position is closed in less than 150 seconds, the profit generated from that trade may be removed from the account.
High-Frequency Trading (HFT), latency arbitrage, tick scalping, or any strategy intended to exploit pricing delays or system inefficiencies is strictly prohibited on all account types.
Hedging is allowed on all account types. However, hedging is not permitted when using bonus margin.
Trading during economic news releases and high-volatility market events is allowed. Please note that spreads may widen and slippage may increase around high-impact releases; see our Spreads & Commissions page for details.
Gap trading is allowed, including opening positions before market close and closing them after the market reopens.
The Company reserves the right to investigate trading activity and to remove profits, bonuses, or other benefits obtained through violations of these rules or through abusive or unfair trading practices.
A quick reference to the strategies you can and cannot run on a Number One Capital Markets account.
The following strategies are fully supported on all live account types, provided the 150-second minimum trade duration is respected.
The following are strictly prohibited on all account types and may lead to the removal of profits, cancellation of bonuses, or account restriction.
If you are unsure whether your strategy or Expert Advisor complies with these rules, contact our support team before you begin trading. Our compliance and dealing desk teams can review your approach and confirm it in advance. These rules should be read together with our Terms and Conditions and the Risk Disclosure.
