Skip to main content
All CollectionsEvaluation
Do you have a gambling rule?
Do you have a gambling rule?
Updated over 2 months ago

At Blueberry Funded, we are dedicated to promoting safe and responsible trading. This Gambling Policy is designed to be clear and accessible to all traders, ensuring everyone is well-informed and guided appropriately. The primary purpose of this policy is to establish responsible trading practices and discourage actions that resemble excessive risk-taking and gambling behaviors. Since we aim to foster sustainable and skill-based trading, the data we gather from your trading activities helps us assess consistency, risk management, and strategic decision-making. Engaging in prohibited behaviors like gambling disrupts the quality of data we rely on to monetize in the live markets, which is critical to our long-term plan as a broker-backed prop firm. Violating this policy may prevent you from advancing to the funded stage, result in a possible hard breach, a restart from Phase 1, or lead to denial of a payout, depending on your risk profile as assessed by our risk team.

Definition of Gambling Behavior

"Gambling" refers to actions that violate this policy. Traders are expected to maintain a disciplined and well-calculated approach, avoiding excessively risky behaviors.

โ€‹Forbidden Gambling Practices in Trading

Overleveraging:

Excessive leverage is prohibited. Traders must manage trade sizes appropriately to control and limit potential losses effectively. If your margin level falls below 150%, your account may be flagged for a soft breach. Continued decline in the margin level may result in the forced liquidation of positions to restore the required margin.

One-sided Bets:

Do not make trades predominantly in one direction without thorough market analysis. We may deem it gambling if excessive volume is continually placed on the same asset and direction in a short amount of time.

Hyperactive Trading:

Refrain from making too many trades in a short period or making impulsive decisions. Focus on well-considered trades that align with your long-term plans and risk tolerance.

Did this answer your question?