At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account’s updated balance for the new trading day.
Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PM EST, or when the account falls back into the current day’s Cap Limit.
The Daily Cap Limit is the maximum percentage of your starting balance that your crypto account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in
If your account exceeds the 3% gain or loss for the day, the system will automatically disable your account for trading, closing all open trades and cancelling any pending orders. Trading will then be restricted for the remainder of the day.
Commissions or commission-equivalents may be charged in connection with your trading activity. Note that cryptocurrency trading is subject to percentage-based commission rate of 0.05% of the total notional trade volume, charge per side (USD amount * 0.0005).
No, traders may only have one active account (challenge phase or funded phase) of the same account size at one time.
Copy trading is allowed, along with third party EA’s There are two versions of copy trading that we do not allow. These are:(a) copy trading between one’s own accounts. If I had several plans, I would not be able to copy trade between them. (b) we do not allow latency arbitrage (a form of
