Yes, we allow this type of trading strategy. Please let the client know he is welcome to use that EA at Fusion if it is a martingale strategy.
Update 06/25/2024:
Hi XXX,
Thank you for allowing us to address a concern that some clients have raised regarding the use of martingale strategies in their trading activities. We want to assure you that we fully support the use of martingale strategies. However, we have observed that a specific Expert Advisor (EA) is employed by a large number of clients that operates with identical logic, leading to highly concentrated trading on the same symbols at the same times.
This situation effectively mirrors the scenario of servicing one enormous client, which presents unique challenges. To ensure that we can sustainably and sensibly support this particular EA strategy, we have implemented a temporary policy to limit new business under this particular strategy at this point in time. Please note that these measures apply exclusively to this specific EA strategy and not to all martingale strategies.
This measure allows Fusion to maintain a balanced and fair trading environment for all our clients, enabling us to provide robust support for diverse trading strategies.
We hope this answers your question. If anything remains unclear, please let us know and we'll get back to you ASAP.