After contacting the GM's about speedrunning this game and glitches, here is their response;

Hello Rencaro, Thank you for contacting Elsword Game Support.

It's a pleasure to receive your first ticket! Our team is always ready to assist you with all our might and experience! First of all, we would like to commend you for directly filing a ticket with us over this matter. Please don't apologize for taking this in a wrong category, as it is our duty to correct it if necessary. We also appreciate the fact that you are concerned for the gaming community and your account's sake before doing anything unsure on your end. Please be advised SpeedRunning should be legal as long as you do not exploit bugs currently inside the game. Speedrunning, in essence, should be vital in order for you to grab higher rankings in boards. It makes you grab rewards better in an overall aspect. However, when a player applies speedrunning with an exploitment of a game-breaking bug involved, or say, a run with a hacker (that you know) and you still keep doing it, then your account will be thoroughly investigated and be banned once proven guilty.

Our team is always here to help. :) Regards, GM Paurin™ KoG Games Support

So be aware we aren't going to be pulling stuff like OoT in here XD. I say small glitches could be allowed like skipping cutscenes, for they happen in normal gameplay all the time. But other than that, no weird game play bugs (Like clipping through walls and such... Flying Kite pls...)