Trading rules are designed to ensure risk management, consistency, and capital protection. They help identify disciplined traders who can responsibly manage larger funds.
Yes
Yes
The use of automated trading systems (EAs) is allowed, provided they do not exploit system inefficiencies or violate fair trading practices.
Traders are allowed to trade approved instruments, which typically include:
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Forex pairs
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Indices
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Commodities
If any rule is violated:
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The account will be terminated
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Profits may be forfeited
Yes
Yes, but traders must ensure compliance with all rules and avoid any unfair, manipulative or restricted practices across accounts.
Skill Building Program comes with No Consistency Rule while Managerial Program comes with 20% Consistency rule per day.
Copy trading is allowed provided the Master account should be in the name of the Trader. Copying from other traders is restricted and will lead to account termination.
Yes, Okanefunds reserves the right to update trading rules to maintain fairness and risk control. Traders will be notified of any changes.
Okane Funds unequivocally prohibits any form of deceit or manipulation of the platform, as such actions contravene our Terms of Service (TOS), which traders consent to upon registration. We strongly recommend that traders meticulously review our Terms of Service and familiarize themselves with the ensuing guidelines to avoid inadvertent violations. System abuse, defined as employing trading methodologies that deviate from authentic market practices, is strictly disallowed and will precipitate an immediate breach of our Terms of Service without prior notice. Strategies engineered to yield consistent, risk-free profits exclusively within Assessment accounts are categorically banned. Traders are obligated to approach their accounts with the same diligence and integrity as they would a fully funded Okane Funds account. The deployment of tactics designed to exploit Assessment accounts will culminate in the termination of a trader’s Okane Funds account—whether during the assessment phase or while operating a directly funded account. Additionally, services such as “Pass Your Assessment,” “Copy Trading Services,” or “Signal Services” are expressly forbidden, resulting in the rejection of any Okane Funds account applications and a permanent exclusion from all Okane Funds offerings.
Example Strategies That Violate Our Terms of Service: High-Frequency Trading (HFT): High-Frequency Trading (HFT) is characterized by the utilization of advanced algorithms and high-velocity telecommunication networks to execute an exorbitant volume of trades within milliseconds. This approach seeks to exploit minute price disparities and market inefficiencies. While HFT may appear lucrative due to its capacity for swift profit accumulation, it introduces substantial risks and adversely impacts market integrity. Here’s why HFT is restricted on the Okane Funds platform.
HFT can skew market pricing and fabricate artificial supply or demand dynamics. By executing a barrage of trades in mere milliseconds, HFT practitioners may engender misleading perceptions of market activity, thereby manipulating other participants’ decisions.
The sheer volume of trades can destabilize market equilibrium, fostering volatility through rapid order flows, erratic price oscillations, and heightened uncertainty, which complicates informed decision-making for other traders. The deluge of transactions in such brief intervals frequently overwhelms servers, leading to operational freezes and cascading repercussions.
Example: An HFT trader initiates a flurry of buy orders within milliseconds, artificially inflating a market’s price. Observing this surge, other traders may erroneously purchase at elevated levels, incurring losses upon market correction. Alternatively, an HFT trader’s rapid succession of trades induces volatile price swings, rendering market conditions unpredictable and obstructing strategic planning for others.
Latency Trading: Latency trading entails capitalizing on delayed market data or execution lags to secure assured profits. At Okane Funds , this practice is rigorously prohibited due to its unethical underpinnings and its infringement upon equitable trading standards in financial markets.
Example: Latency trading subverts the tenets of transparent and fair commerce, eroding trust by introducing inequity among market participants. A latency trader exploits an execution delay, leveraging the disparity between delayed pricing and current market values to execute voluminous trades swiftly, thereby exerting artificial pressure and manipulating market dynamics. Such conduct compromises the integrity essential to a robust trading ecosystem.
Copy Trading From Others: Okane Funds permits traders to replicate trades from another Okane Funds account, proprietary firm, or retail broker, provided all accounts are owned by the same individual. However, copying trades across accounts not unified under singular ownership—such as those of relatives, friends, or associates—is explicitly banned. For further clarification on copy-trading policies, please refer to our detailed guidelines.
Hedging or Group Hedging Across Various Accounts: Hedging through multiple accounts and in same account is disallowed, as it fails to constitute a legitimate trading strategy. For instance, placing opposing trades between two accounts—such as buying 1 lot of EUR/USD on Account A while selling 1 lot on Account B—is prohibited. Example: Hedging or group hedging across multiple accounts involves a trader or cohort opening several accounts to execute countervailing trades on the same asset, aiming to profit from price movements while neutralizing market risk. This tactic lacks genuine trading acumen and is forbidden.
Any Form of Arbitrage Trading: Arbitrage trading involves exploiting price differentials or temporal lags across markets or platforms to achieve risk-free gains. At Okane Funds, all forms of arbitrage are strictly proscribed due to their unethical nature and potential to undermine fair market conditions. Example: Arbitrage distorts pricing accuracy and impedes efficient resource allocation. A trader engaging in statistical arbitrage might simultaneously buy and sell correlated instruments based on historical patterns, misaligning perceived and intrinsic values. Large-scale arbitrage can also provoke artificial price surges, disrupting natural market discovery processes.
Tick Scalping: Tick scalping refers to a strategy wherein traders profit from minor price fluctuations by executing high-frequency trades within abbreviated timeframes. Okane Funds imposes restrictions on tick scalping due to its potential for market manipulation and disruptive impact.
Consequences of Exceeding Limits: The Okane Funds team will issue an initial warning to adjust trading practices upon an account surpassing 2,000 trades. A second warning follows a subsequent breach. A third violation deems the account hyperactive, resulting in its suspension. Furthermore, generating 15,000 trades daily will trigger an immediate account disablement to alleviate system strain.
Use of Platform or Data Freezing Due to Demo Server Errors: Exploiting unfair advantages—such as leveraging platform or data freezes stemming from demo server malfunctions—is strictly prohibited. This ensures equitable conditions for all traders and prevents deceptive practices. Offenders will face investigation, with potential revocation of demo server access. Traders encountering server issues are urged to promptly notify the Okane Funds support team.
Use of Guaranteed Profit with Limit Orders During Low-Liquidity Markets: The use of guaranteed limit order execution to exploit low-liquidity conditions is forbidden, as it circumvents regulatory frameworks and manipulates simulated trading environments. Such practices deviate from real-market dynamics, violating Okane Funds ’ Terms of Service by evading executions that would occur in live markets.
The 20% Consistency Rule ensures that traders demonstrate stable and disciplined performance, rather than passing the evaluation through a single large trade. Under this rule, no single trading day’s profit can exceed 20% of your total profits.
How Does It Work?
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Your best trading day profit must not be more than 20% of your total accumulated profit.
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This encourages traders to maintain consistent gains across multiple days.
Example
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Profit Target: $10,000
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Maximum allowed profit in one day (20%): $2,000
If you make:
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Day 1: $4,000 profit ? (Not allowed – exceeds 20%)
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You will need to continue trading and increase your total profit until that $4,000 falls within 20% of the total.
For example:
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Total Profit: $20,000
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20% = $4,000 ? (Now valid)
Why is this rule important?
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Prevents gambling behavior
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Encourages risk management and discipline
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Ensures traders can perform consistently over time
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Helps identify professional-level trading skills