Futures Trading Risk Control Rules
To protect users’ normal trading experience and maintain a fair, orderly, and stable market environment, 100X continuously monitors and manages futures trading behavior.
When using 100X futures trading services, users must comply with the platform’s trading rules, campaign rules, and relevant user agreements. Users must not affect market fairness or obtain improper benefits through abnormal trading, technical tools, linked accounts, rule loopholes, or any other improper methods.
If the platform identifies abnormal trading, rule violations, unfair trading, or risk control evasion, the platform has the right to take corresponding risk control measures against the relevant accounts and linked accounts based on the level of risk.
1. Prohibited Trading Behavior
100X prohibits any trading behavior that affects market fairness, disrupts trading order, or obtains improper benefits, including but not limited to the following:
1.1 Ultra-Short-Term Trading and Abnormal High-Frequency Trading
The platform prohibits users from conducting abnormal trading through frequent position opening and closing within a short period, or through a large number of short-holding orders.
This includes but is not limited to:
Frequently opening and closing positions within a short period;
Multiple orders with holding times concentrated from several seconds to several minutes;
Trading behavior showing obvious regularity, repetition, or batch-like characteristics;
Quickly opening and closing positions through take-profit/stop-loss orders, limit orders, market orders, trigger orders, or similar order types;
Conducting short-term trading for the purpose of generating fees, rebates, trading volume, Trading Bonus Credit, or campaign rewards.
The platform may comprehensively determine whether the behavior constitutes abnormal trading based on factors including order holding time, trading frequency, trading interval, trading pair, position ratio, profit and loss structure, rebate relationship, Trading Bonus Credit usage, and account linkage.
Whether a single order exceeds 3 minutes is not the only criterion for determining whether a violation has occurred.
1.2 Wash Trading, Self-Trading, and Matched Trading
The platform prohibits users from creating false trading volume, false transactions, or abnormal matching results through a single account, multiple accounts, or linked accounts.
This includes but is not limited to:
Creating trading volume through frequent position opening and closing;
Creating false transactions through self-trading, matched trading, wash trading, or similar behavior;
Transferring funds, transferring profits, or distributing losses through transactions between linked accounts;
Obtaining fee rebates, Trading Bonus Credit, campaign rewards, or other platform benefits through the above methods.
1.3 AB-Position Trading and Multi-Account Hedging
The platform prohibits users from conducting AB-position trading, multi-account hedging, or other forms of risk-transfer trading through a single account or multiple linked accounts.
This includes but is not limited to:
Multiple accounts trading in opposite directions at similar times, prices, and position ratios;
Using one account to bear losses while another account obtains profits;
Using Trading Bonus Credit accounts, campaign accounts, rebate accounts, and normal accounts to hedge against each other;
Reducing real market risk through multi-account hedging while obtaining platform rebates, Trading Bonus Credit, campaign rewards, or other improper benefits.
1.4 API, Programmatic Trading, and Quantitative Trading
100X currently does not provide public API access, quantitative trading interfaces, or programmatic trading permissions to general users.
Without written authorization from the platform, users must not connect to, call, scrape, or simulate the platform trading system through any unofficial or unauthorized method.
Prohibited behaviors include but are not limited to:
Using web interfaces, WebSocket, HTTP requests, front-end interfaces, or other non-public interfaces to place orders, cancel orders, query data, scrape market data, or operate accounts;
Using scripts, bots, external programs, plugins, automation tools, browser automation programs, or similar tools to automatically place orders, batch place orders, rapidly cancel orders, or conduct high-frequency trading;
Using quantitative strategies, arbitrage strategies, grid strategies, latency arbitrage, order book arbitrage, spread arbitrage, or similar methods for abnormal trading;
Using third-party tools, aggregated trading tools, or automated trading systems to access platform trading services;
Using technical methods to bypass page restrictions, frequency limits, device limits, account limits, or risk control rules.
If the platform identifies the above behaviors, it has the right to determine the relevant trading behavior as abnormal or violating platform rules.
1.5 Rebate, Trading Bonus Credit, and Campaign Reward Arbitrage
The platform prohibits users from conducting abnormal trading for the purpose of obtaining fee rebates, agent rebates, Trading Bonus Credit, campaign rewards, or other platform subsidies.
This includes but is not limited to:
Generating fees or rebates through short-holding, high-frequency, or low-risk-exposure trading;
Obtaining rebates, Trading Bonus Credit, or campaign rewards through hedging, AB-position trading, matched trading, or opposite-direction trading among linked accounts;
Using Trading Bonus Credit, coupons, campaign benefits, or other platform benefits for abnormal trading or arbitrage;
Using multiple accounts, multiple devices, multiple IP addresses, or multiple identity profiles to evade platform rules;
Using campaign rules, system loopholes, price delays, or platform mechanisms to obtain improper benefits.
Trading Bonus Credit is a trading experience benefit provided by the platform to users. It must not be exploited, transferred, or used to obtain improper benefits through abnormal trading, hedging, wash trading, high-frequency trading, linked-account trading, or similar methods.
1.6 Exploiting Platform Loopholes or Rule Loopholes
The platform prohibits users from exploiting system loopholes, abnormal prices, abnormal matching, delayed data, campaign rule loopholes, Trading Bonus Credit rule loopholes, rebate rule loopholes, or other unreasonable mechanisms to obtain improper benefits.
If a user discovers any abnormality in the platform system, products, campaigns, or rules, the user should promptly report it to the platform and must not use such abnormality to trade, arbitrage, transfer assets, or obtain rewards.
2. Multiple Accounts, Devices, and Account Operation by Others
The platform allows users to use multiple accounts or devices for normal trading within a reasonable scope.
The same device, same IP address, same network environment, similar registration time, or same deposit/withdrawal address may be used as reference factors for identifying linked accounts, but they will not be used as the sole basis for determining a violation.
If multiple accounts are only used for normal login and normal trading, and there is no abnormal trading, arbitrage, wash trading, hedging, rebate abuse, Trading Bonus Credit abuse, campaign reward abuse, or risk control evasion, the platform will not determine a violation solely because the device, IP address, or network environment is the same.
The platform does not encourage users to hand over their accounts to others for operation. If a user authorizes another person to assist in operating the account for personal reasons, the user shall bear the trading risks, fund risks, and account security risks arising from such authorization.
The platform prohibits any unauthorized account operation, batch control of accounts, identity misuse, or use of other users’ accounts for abnormal trading, arbitrage trading, wash trading, matched trading, AB-position trading, multi-account hedging, rebate arbitrage, Trading Bonus Credit arbitrage, campaign reward arbitrage, or evasion of platform risk control rules.
3. Linked Account Identification and Handling
The platform may comprehensively determine whether multiple accounts are linked based on registration information, login information, device information, trading behavior, fund flow, invitation relationships, rebate relationships, campaign participation, and other risk control data.
Linked-account identification factors include but are not limited to:
Same or highly similar registration IP, login IP, or trading IP;
Same or highly similar device information, browser environment, or terminal environment;
Same or related deposit addresses, withdrawal addresses, or fund collection addresses;
Similar registration times, login times, or trading times;
Same or highly similar trading pairs, trading directions, opening/closing times, position ratios, or leverage;
Existing invitation relationships, rebate relationships, campaign reward relationships, fund transactions, or other linkage characteristics.
If accounts are identified as linked accounts, the platform has the right to conduct consolidated position calculation, consolidated trading behavior review, consolidated profit calculation, and unified risk control treatment.
4. Measures for Abnormal Trading
If the platform identifies abnormal trading, rule violations, unfair trading, or risk control evasion, the platform has the right to take one or more of the following measures based on the level of risk:
Send a risk reminder, warning, or correction request to the user;
Require the user to stop the relevant abnormal trading behavior;
Restrict opening positions, closing positions, futures trading, or certain account functions;
Restrict the account from participating in platform campaigns, tasks, rebates, Trading Bonus Credit, or other benefits;
Cancel, freeze, or recover fee rebates, agent rebates, Trading Bonus Credit, campaign rewards, or other platform benefits generated from abnormal trading;
Determine relevant abnormal orders as invalid;
Force close abnormal positions at a reasonable platform price or market price;
Recover abnormal profits obtained through abnormal trading, system loopholes, rule loopholes, or unfair trading;
Apply consolidated risk control and unified treatment to linked accounts;
Restrict account login, devices, IP addresses, or interface access;
Require the user to complete identity verification, source of funds explanation, trading behavior explanation, or other necessary reviews;
Freeze the account, restrict asset transfers, or restrict withdrawals;
Permanently close the account or add the account to the platform’s market access restriction list;
Take other risk control measures deemed necessary by the platform.
5. Appeal and Review
If a user disagrees with a platform risk control reminder, risk control measure, or account restriction, the user may contact 100X official customer support and submit relevant explanations or supporting materials.
The platform will conduct a review based on account trading records, order behavior, holding time, opening and closing frequency, account linkage, fund flow, device information, IP information, rebate and reward acquisition records, Trading Bonus Credit or campaign benefit usage, system risk control records, and additional explanations submitted by the user.
During the review period, the platform has the right to maintain relevant risk control measures based on the level of risk. The review result shall be subject to the platform’s final review decision.
6. User Responsibility
Users must properly safeguard their accounts, passwords, devices, identity information, and trading permissions, and shall be responsible for all trading behavior conducted under their accounts.
Users must not lend, rent, or sell accounts; use another person’s identity information to register or participate in campaigns; use multiple accounts to evade platform rules; use technical tools to bypass platform restrictions; or assist others in abnormal trading or violating arbitrage in any way.
If an account is used by others due to the user’s own actions, or if account sharing, account operation by others, device sharing, identity misuse, or similar circumstances trigger platform risk control, the platform has the right to take corresponding measures based on the actual risk situation.
7. Final Interpretation
These User Trading Behavior Standards and Futures Trading Risk Control Rules form an important part of the 100X platform trading rules and risk control rules.
100X has the right to adjust, supplement, or update these rules based on market conditions, product mechanisms, campaign rules, system security, risk control requirements, and platform operation needs.
The final interpretation of these rules belongs to 100X Exchange.