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Scalping is a trading style that traders utilize to benefit from minor price changes during a short period. in growhive limited client agreements, the definition of scalping transactions is when traders enter and exit positions in less than 180 seconds on foreign exchange and metals trades and within 300 seconds on cfd contracts (including single name stocks, equity indices, metals, crypto cfds). “scalping” strategies are not permitted on our platform for traders. introducing brokers will not receive any fees for transactions that are defined as scalping transactions.
In order to ensure the stability of the Growhive Limited platforms and products, we define ‘stale trading’ as a method traders use where they open and close trades within 10 seconds. Growhive Limited considers these trades abusive and does not allow these trades on its platforms and products. should stale trades occur in your account, growhive limited reserves the right to cancel them immediately.
We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. on rare occasions the aggregated price feed which we provide to clients can become “idle”. We reserve the right to reverse the profit and loss realized from orders where idle stroke happened. We will investigate these cases and notify the client via e-mail or telephone that trades are cancelled. We will always check to ensure that the reversal does not generate an unintended position. If the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net p&l at zero, this way the client will not be disadvantaged by this reversal due to our invalid price delivery.
We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid price feeds reaching clients through utilizing a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers). There are rare occasions where the price can become “skewed”. In such rare instances, if orders are filled at that price, we reserve the right to reverse orders where misquote occurred. We will investigate these cases and notify the client via e-mail or telephone that trades are cancelled. We will always check to ensure that the reversal does not generate an unintended position. If the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net p&l at zero, this way the client will not be disadvantaged by this reversal due to our invalid price delivery.
We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid price feeds reaching clients through utilizing a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers). There are rare occasions where the price can become “skewed”. In such rare instances, if orders are filled at that price, we reserve the right to reverse orders where misquote occurred. We will investigate these cases and notify the client via e-mail or telephone that trades are cancelled. we will always check to ensure that the reversal does not generate an unintended position. If the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net p&l at zero, this way the client will not be disadvantaged by this reversal due to our invalid price delivery.
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Email: support@growhivefx.com
Phone: 045579120
Growhive Limited
Registered Address
Reg. No. 2024-00512
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Physical address
Office #09 Al Wasl Building , Next to Dubai Mall/ Burj Khalifa Metro Station, Exit 2, Al Wasl, Sheikh Zayed Road, Dubai, United Arab Emirates
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Disclaimer
Restricted Regions: Growhive Limited does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran.
Does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. does not affirm that the information on its website is suitable to all jurisdictions.
Risk Warning: An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned should seek their own financial or professional advice. Trading of securities, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don’t invest and trade with money which you can’t afford to lose. Before investing your money, make sure whether your country is allowing this or not.
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