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.
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.
Examples
Compliant Profitable Trade
A trader opens a EURUSD buy at 10:00:00 and closes at 10:06:20 in profit.
Duration: 6 minutes 20 seconds
Result: Trade is valid, profit is retained.
Non-Compliant Profitable Trade
A trader opens a GBPJPY sell at 14:30:10 and closes at 14:33:55 in profit.
Duration: 3 minutes 45 seconds
Result: Trade is non-compliant, profit is deducted.
Additional Example
A trader opens a NAS100 buy at 09:15:00 and closes at 09:21:10 in profit.
Duration: 6 minutes 10 seconds
Result: Trade is valid, profit is retained.
Consequences of Violations
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.
For any questions or assistance, feel free to contact our support team at [email protected] or via Live Chat