Forex Rules
We offer a Funded Trader Evaluation course which is based on two phases, student and practitioner, which you need to pass to become a Master trader aka funded trader. It's crucial that you have a dynamic trading system & risk management profile to pass the evaluation course. After you reach your profit target in Phase 2, your entire evaluation period will be manually reviewed by our Risk Team. This review process will be completed within two working days.
In the event of a breach of any of the rules referred to in this section, all positions on the broker's platform shall be closed immediately, the Customer’s Account will be closed and the right to payout will be revoked.
The Student Phase (Phase I)
The student phase is to test your trading skills while defining yourself as a trader. During the student phase, you must achieve a profit target of 8% without breaching any other rule and have 3 minimum trading days.
1 The Practitioner Phase (Phase II)
The practitioner phase is just to confirm the results and outcomes of the student phase. During the practitioner phase, you must achieve a profit target of 8% without breaching any other rule and have 3 minimum trading days.
5% Maximum Daily Loss Limit
The Maximum Daily Loss is the amount the trader is allowed to lose every day. For the purpose of this rule, the higher value between equity and balance will be used. This rule is set to 5% of the starting equity or balance every day. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day must not hit the Maximum Daily Loss Limit. The daily maximum loss resets at 00:00 CE(S)T/server every day.
10% Maximum Loss Limit
The Maximum Loss Limit is the amount the equity or balance can't go below. This rule is set to 10% of the initial account size. For example, if the trader has a $100.000 account and the Maximum Loss Limit is 10%, the equity or balance can't go below $90.000 at any moment.
Trading Strategy
Trade the way you want. Use an "EA", hold during news, hold trades over the weekend and trade lot sizes as big as the leverage allows for as long as it is not: Gap trading, high frequency trading, server spamming, latency arbitrage, toxic trading flow, hedging, long short arbitrage, reverse arbitrage, tick scalping, server execution, opposite account trading, which are all prohibited. Also, copy trading or account management by a third-party vendor is prohibited. Such activities with Funding Pips will result in account termination. Keep in mind that using a third-party Expert Advisor is allowed as long as it is a trade or risk manager. Using any other third-party Expert Advisor is not allowed. This will lead to a denial of the evaluation or payout and closure of the account.
Monthly bonuses
We provide monthly bonuses once you reach the Hot Seat based on the initial account size.
$100 for a 5K account
$200 for a 10K account
$300 for a 15K account
Note: The scale-up is always based on the initial account size. Also, if an account is merged, it will be based on the initial account, not the merged account size.
Risk-Based Capital Allocation: Allocate capital based on a trader's risk-adjusted performance. Traders who demonstrate better risk-adjusted returns receive more capital, regardless of their trading history.
IP Address Master Account
The region of your IP address(es) used to log into the Master account must remain consistent. If our Risk Team detects a change in region, they may reach out to you to confirm and request proof, such as a plane ticket, passport stamp, or live video from the location. This measure is in place to protect you from third-party vendors. If you anticipate traveling, kindly notify our support team beforehand to keep us informed and prevent interference from our end.
Reverse Trading
Signs and behavior, which includes risking the full daily loss on one trade, which often indicates reverse trading between different firms.
Traders suspected of engaging in such behaviors may be subjected to various restrictions including but not limited to reducing leverage, limiting the number of trades per day, lot size limit per day, lower daily/max loss limiting the risk per trade, imposing a maximum 1% risk limit rule or even being banned from the firm. Our goal as an Evaluation firm is to assist you becoming a better trader and risk manager, while also benefiting from the trading flow you provide. This evaluation aims to gather the best trading data possible, enabling us to monetize our data more efficiently, enhancing our stability, and strengthening the industry as a whole.
Minimum trade time
In real account a trader after opening a trade he can't close the trade under 5 min. The minimum trade time for a trade is 5 min. If any trader close a trade/hit TP before 5 min the trade will not count, the profit of the trade will be vanished from his account. If a trader do it for 3 times it will count in gambling
Gambling Behavior
If we notice your Gambling Behavior you will be suspended. Your biggest loss should not exceed 3% of the account size on the Master accounts only.
Overtrading
Continuously entering and exiting trades without a clear strategy or rationale, resulting in diminished profitability and emotional exhaustion.
Reverse Trading
Signs and behavior, which includes risking the full daily loss on one trade, which often indicates reverse trading between different firms.
Poor Money Management
Traders who frequently encounter margin calls due to inadequate funds or risky positions may indicate a lack of risk management, posing a threat to their accounts and potentially the firm’s stability.
Tradable instrument and commission
You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 2$ commission per standard lot round turn. Crypto, Indices and Oil are commission free.
Leverage
The leverage that will be applied on all accounts is:
Forex: 1:100
Metals: 1:100
Indices: 1:20
Energies: 1:10
Crypto: 1:50
Constancy Rules
You should follow constancy 45% to get paid in master account
For News
In Forex real account traders doesn't allowed open a trade before and after (10 min) of the high volume news. But in student phase they can open trade in every news, except Phase II exam passing day. If any trader open a trade minimum 5 hours before a news but don't close the trade then it will not violate our news rules.
Remember! YOUR IDEAS, OUR RISK. To get funded and grow as a trader you should be able to trade and have the right set of skills. YOU CANNOT CHEAT YOUR WAY IN.