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FXCI rules for operating in Nigeria

FXCI’s official rules and requirements for traders to obtain funding in Nigeria: risk management, confidentiality and trading conditions.

At FXCI, we strive to provide the most objective and fair evaluation system for all participants. Therefore, clear rules and requirements have been established, which traders must follow to work with our company. Please read them carefully.

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Key FXCI Rules

  • The use of third-party automated trading tools (EAs, advisors) is prohibited.
  • Only manual trading with personal strategies is allowed.
  • Adherence to principles of honesty and transparency.
  • Traders must provide accurate and truthful information about themselves and their trading.
  • Mandatory compliance with risk management rules.
  • Strict control of drawdown levels and risk per trade.
  • No deposits are allowed on the funded account.
  • Trading is only permitted with the provided capital.
  • Adherence to the declared and agreed trading strategy.
  • Deviations must be justified and approved by FXCI analysts.
  • Continuous activity on the trading account and timely responses are required.
  • Violations of the monitoring regime are not allowed.
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Disciplinary Measures and Sanctions

In case of violations of FXCI rules and requirements, the following disciplinary measures are applied:

  • A warning with an explanation of the violation and deadlines for rectification
  • Temporary suspension of trading and account funding
  • Downgrading the funding level (in case of significant drawdown)
  • Termination of funding with the retention of the current balance on the account
  • Complete disqualification from FXCI programs with the forfeiture of all funds

The type and severity of the penalty depend on the degree of violation, the trader’s history, and their willingness to correct the situation.

The most severe sanctions, up to the forfeiture of all funds and a ban on participation, apply in cases of:

  • Intentional fraud and deception
  • Repeated serious violations after warnings
  • Unethical and offensive behavior towards FXCI staff
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Frequently Asked Questions (FAQs)

Any strategies are permitted, both manual and semi-automated using trading indicators, as long as the trader controls the trades and adheres to risk management.

The trader must regularly open and close trades on the funded account. Inactivity for more than two weeks without valid reasons is not allowed.

Yes, it is possible to temporarily switch to a self-funded trading mode upon request. The status of the funded account is retained.

Following clear rules is the foundation of trust and successful cooperation between FXCI and traders. If you have any questions, please contact support.