User Terms

ARGO Platform Prohibition of Scalping User Terms
Definitions

1. Scalping: Refers to the act of a client opening and closing positions within an extremely short period (usually a few seconds to a few minutes) to profit from small price fluctuations. Specific determination criteria include but are not limited to: The holding time of a single order is less than the minimum time specified by the platform (e.g., 2 minutes); Completing multiple transactions in a short period through high-frequency trading strategies; Utilizing platform quote delays or liquidity gaps for arbitrage.

2. Prohibited Actions: Include but are not limited to using automated scripts (EA), high-frequency manual trading, or other technical means to implement scalping strategies.

Regulations Prohibiting Scalping

1. This platform strictly prohibits any form of scalping. If a client is determined to have engaged in scalping, the platform has the right to take the following measures: Cancel the profits from relevant orders; Restrict account trading functions (such as reducing leverage, closing some trading products); Suspend or permanently freeze the account; Deduct all funds obtained through scalping.

2. The platform reserves the right of final interpretation of "scalping behavior" and may monitor through technical means (such as order analysis, IP detection, etc.).

Order Execution Restrictions

1. Minimum Holding Time: All bulk orders that trigger risk control must be held for at least 3 minutes, otherwise, they will be considered a violation.

2. Abnormal Trading Volume: If a client submits more than 50 orders within a short period (e.g., 1 hour), the platform will review the transactions for any illegal batch trading activities.

Platform's Rights

1. The platform has the right to modify these terms without prior notice.

2. If losses are caused to the platform or liquidity provider due to scalping behavior, the client shall bear compensation liability.

3. The platform has the right to refuse to execute orders suspected of scalping.

Client Responsibility

1. Clients must ensure their transactions comply with platform regulations and shall not deliberately evade scalping restrictions.

2. If a client's account is restricted due to scalping behavior, they shall bear full responsibility and have no right to appeal.