Can I use Expert Advisors (EAs) on NEOMAAA accounts?
Yes, NEOMAAA allows the use of EAs on all accounts and at every phase of trading.
Are there any restrictions on the types of EAs allowed at NEOMAAA?
Yes, to ensure fair and compliant trading, certain types of EAs are prohibited. Please find the detailed description below.
What types of EAs are prohibited at NEOMAAA?
Prohibited EA types include High-Frequency Trading EAs, News Scalping EAs, Arbitrage EAs (Reverse and Latency), Multi-Account Reverse Trading EAs, Tick Scalping EAs, and EAs designed to abuse demo servers.
Why are High-Frequency Trading EAs not allowed?
High-frequency trading EAs, which execute a high volume of trades within short time frames, are not permitted to maintain fair trading conditions.
Are there guidelines for using third-party EAs?
Yes, if using third-party EAs, adjust set files or settings to ensure different entry and exit points for each trader using the EA. This helps maintain fairness and avoids conflicts.
What happens if I violate the EA usage policy at NEOMAAA?
Any bots or EAs engaging in masking trades or arbitrage activities are strictly prohibited. Failure to comply with this rule will result in disqualification.
How can I get more information or guidance on EA usage?
If you have questions or concerns about a specific EA, reach out to our support team at [email protected] for further information and guidance to ensure compliance with our EA usage policy.