Funding Pips has announced the removal of its longstanding rule that imposed deductions on trades closed within one minute.
Funding Pips has announced the removal of its longstanding rule that imposed deductions on trades closed within one minute.
Here are the Highlights of the article “Funding Pips Enhances Freedom by Eliminating 1-Minute Trade Rule”:
Funding Pips has announced the removal of its longstanding rule that imposed deductions on trades closed within one minute. The company made the announcement with a statement emphasizing that the change reflects the firm’s commitment to offering more freedom to its traders, a decision inspired by feedback from the trading community.
Previously, traders who closed their trades within 60 seconds faced deductions on their profits. This rule was due to encourage more strategic and calculated decision-making, as opposed to quick, impulsive trades. However, in response to growing feedback from traders who felt that this policy limited their trading styles, Funding Pips has decided to remove this restriction across all of its evaluations.
The change is going to have a significant impact on the way traders approach their evaluations with Funding Pips. By lifting this rule, traders will now have more freedom to enter and exit trades without the fear of facing penalties for quick exits, thus encouraging faster execution and more flexibility in their trading strategies. The move also reflects the firm’s ongoing effort to adapt to the evolving needs of traders in a dynamic market environment.
Traders will now be able to close their trades within one minute without worrying about the financial consequences of deductions, creating an environment where they can experiment with different approaches to the market.
This policy change underscores Funding Pips’ reputation as a trader-centric firm that listens to the needs of its community and continues to evolve its rules to support the growth and success of its traders.
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