Code of Conduct for XT Traders
مقدمة ميزة المتداول
This Code of Conduct is established to maintain a healthy ecosystem on the XT platform, protect user rights, and regulate trader behavior. All traders must strictly adhere to the following rules. Violators will face penalties based on the severity of the violation. Violations include but are not limited to warnings, reduction of trader privileges, cancellation of trader status, or permanent account bans.
I. Fundamental Principles
- Integrity First Traders must uphold integrity, refraining from false advertising, misleading statements, or any improper tactics to induce users to follow their trades.
- User-Centric Approach Traders should prioritize user interests, provide authentic and reliable investment advice, and not exploit user trust for personal gain.
- Compliance with Regulations Traders must strictly follow XT platform rules and applicable laws, avoiding illegal activities or statements defaming the platform’s reputation.
II. Behavioral Standards
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Prohibition of Malicious Actions
- Traders must not employ high-risk trading strategies that expose followers to uncontrollable risks.
- Traders must not engage in abnormally frequent trading to inflate follower transaction fees, harming their interests.
- Traders must not manipulate market order through tactics like self-trading with multiple accounts. Such behavior will result in a permanent account ban.
- Traders must not artificially increase follower numbers or investment amounts through malicious wash trading. Such behavior will result in a permanent account ban.
- Traders must not refuse to stop losses due to personal misjudgment or emotional decisions, leading to significant follower account losses by holding positions excessively. XT considers this a severe violation, with penalties based on severity.
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Prohibition of False Promotion
- Traders must not exaggerate profits or conceal risks to mislead users.
- Traders must not create fake trading data by placing small-volume trades to attract followers.
- Traders must not make profit guarantees to lure followers.
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Prohibition of Benefit Transfers
- Traders must not induce improper actions through private deals or rebates.
- Traders must not use their trader privileges to seek undue benefits for themselves or others.
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Prohibition of User Harassment
- Traders must not harass users via private messages, group chats, or other means to force them to follow trades or engage in improper actions.
- Traders must not post advertisements or spam not related to trading.
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Prohibition of Privacy Breaches
- Traders must not disclose users’ personal information or trading data.
- Traders must not use user data for any commercial purposes.
III. Penalty Mechanisms
- Warning For minor violations, XT will issue warnings via email, in-platform messages, or notifications, requiring traders to rectify the issue within a set timeframe.
- Reduction of Trader Privileges For repeated or moderately severe violations, XT will downgrade the trader’s level, reduce profit-sharing rates, and limit the number of followers.
- Cancellation of Trader Status For serious violations, XT will revoke trader status and freeze related profits.
- Permanent Account Ban For extremely severe or uncorrected violations, XT will permanently ban the trader’s account and may confiscate profits or benefits gained from rule violations, depending on the severity.
IV. User Complaints and Feedback
- Users may file complaints about trader violations through XT’s official channels.
- XT will investigate promptly upon receiving complaints and take appropriate action based on the findings.
- Traders may appeal complaints, and XT will handle disputes fairly based on facts.
V. Supplementary Provisions
- This Code takes effect upon release, with XT reserving the right to final interpretation.
- XT may amend or supplement this Code based on market changes or legal requirements.