Automated strategies are permitted almost everywhere. What catches algo traders out is not permission — it is the risk system's pattern matching.
Seven things to confirm in writing
- Are EAs permitted on both the evaluation and the funded account?
- Is a commercially-sold EA permitted, and must it be declared?
- What is the exact wording of the latency / tick arbitrage prohibition?
- Is there a cap on trade frequency or concurrent positions?
- Is there a minimum hold time?
- May the same EA run across several of your own accounts?
- What triggers a manual review, and what evidence resolves one?
Building an algo that survives a rule set
- Hard-code the daily loss limit into the EA and stop it trading for the day at half the firm's number.
- Cap concurrent correlated positions. Four EURUSD, GBPUSD, EURGBP and DXY positions are one trade with four tickets.
- Handle weekend and rollover explicitly rather than letting the strategy discover them.
- Log everything. If a review happens, your own execution log is what resolves it quickly.
Where FundedAxe stands
EAs are allowed on Platform 5, with a 3-minute minimum hold time on evaluations and no trade frequency cap. The prohibitions are latency/tick arbitrage, cross-account hedging and coordinated trading with other traders — set out in EA and algo rules.
Deploy on Platform 5
EAs permitted, no trade frequency cap, leverage up to 1:100.
Frequently asked questions
Can I run an EA on a prop firm account?
At most firms yes, including FundedAxe. The restrictions that matter are latency arbitrage, cross-account hedging and coordinated trading — not automation itself.
Will a commercial EA get my prop account banned?
Not by itself, but a popular bot running identically across many accounts can trigger a coordinated-trading review. Declare it to support before you deploy.
FundedAxe evaluations and funded accounts are simulated. Traders do not trade real client capital; rewards are paid on simulated performance under the terms of the FundedAxe trader agreement.