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What are the restrictions on using EAs in cryptocurrency trading on FTMO?

avatarKavithaDec 18, 2021 · 3 years ago3 answers

Can you explain the limitations or restrictions on using Expert Advisors (EAs) in cryptocurrency trading on FTMO? What are the rules and guidelines that traders need to follow when using EAs on the FTMO platform?

What are the restrictions on using EAs in cryptocurrency trading on FTMO?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Using EAs in cryptocurrency trading on FTMO is subject to certain restrictions. Traders are allowed to use EAs, but they must adhere to the rules set by FTMO. These rules include not using EAs that violate FTMO's terms of service, not using EAs that manipulate the market or engage in illegal activities, and not using EAs that disrupt the trading experience of other users. It is important for traders to carefully review and understand FTMO's guidelines regarding the use of EAs before implementing them in their trading strategies.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to using EAs in cryptocurrency trading on FTMO, there are a few restrictions that traders need to be aware of. Firstly, traders must ensure that the EAs they use comply with FTMO's terms of service. This means that the EAs should not engage in any illegal activities or manipulate the market. Additionally, traders should avoid using EAs that may disrupt the trading experience of other users on the platform. It is always recommended to thoroughly review FTMO's guidelines and seek clarification if needed to ensure compliance with the restrictions on using EAs.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field of cryptocurrency trading, I can tell you that FTMO has certain restrictions on using EAs. While EAs can be a useful tool in automating trading strategies, it is important to use them responsibly. FTMO expects traders to follow their guidelines and not use EAs that violate their terms of service. By doing so, traders can ensure a fair and transparent trading environment for all users on the platform. If you have any specific questions about the restrictions on using EAs on FTMO, feel free to ask and I'll be happy to provide more information.