At Top One Trader, we enforce a minimum hold time rule on trades. This policy is designed to promote fair trading practices and ensure proper risk management across all trader accounts.
The rule: All profitable trades must be held for at least 5 full minutes before they are closed. A profitable trade closed in under 5 minutes violates the rule.
What is the rule?
All profitable trades must be held for a minimum of at least 5 minutes before they are closed. This includes closing manually, partially, achieving take profit, stop loss (if set in profit), etc. If the trade has been closed in under 5 minutes and it achieved a profit, it is in violation of this minimum hold time rule.
The rule, also referred to as the Tick Scalping Rule, requires that trades be held for five full minutes or longer to meet compliance. It is recommended to allow a buffer time before closing trades to account for potential platform timer discrepancies.
Examples
Trade | Opened | Closed | Duration | Result |
EURUSD buy | 10:00:00 | 10:06:20 in profit | 6 minutes 20 seconds | Compliant, profit is retained |
GBPJPY sell | 14:30:10 | 14:33:55 in profit | 3 minutes 45 seconds | Non-compliant, profit is deducted |
NAS100 buy | 09:15:00 | 09:21:10 in profit | 6 minutes 10 seconds | Compliant, profit is retained |
Consequences of violations
Account stage | Consequence |
During Challenge Phase(s) | Accounts will be reviewed by the Risk Team. Depending on the severity of the violation, traders may be required to retake the challenge, or allowed to proceed but issued an official warning. |
On a Simulated Funded Account | Profits from non-compliant trades will be deducted. Traders will receive a formal warning. Repeated violations after a warning may lead to account termination. |
Important reminder
To remain compliant, always ensure your profitable trades are held for at least 5 minutes. Violating this rule can result in lost profits or account penalties. To further ensure compliance, traders should regularly review trade durations on trading platforms like TradeLocker and document any timer discrepancies with supporting evidence, such as screenshots.
For any questions or assistance, feel free to contact our support team at [email protected] or via Live Chat.