Do you offer a scaling plan?
We do not currently offer a scaling plan.
funded accounts
Can I merge accounts?
Challenge and Funded Accounts cannot be combined or merged.
When can I withdraw the gains in my Funded Account and how does that affect my Maximum Trailing Drawdown?
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not …
What are the rules for the Funded Account?
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no gains target.
Am I subject to any position limits?
We reserve the right to limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the Broker reserve the right to refuse to accept any order.
Who is the counterparty to my trades?
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by the Broker. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders …
Do we manipulate pricing or executions you receive in your Funded Account?
No. We operate at an arm’s length with the Broker. All market pricing and trade executions are provided by the Broker and are not changed or modified by us. Additionally, we do not mark up transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
How do I withdraw the gains in my Funded Account?
Traders can request a withdrawal of the gains in their Funded Account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make gain in your Funded Account, you can request a withdrawal. When you are ready to withdraw the gains from your Funded Account, …
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If I have a hard breach in my Funded Account and there are gains in the account, do I forfeit those gains?
If you have gains in your Funded Account at the time of a hard breach, you will still receive your portion of those gains. For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in …
Once I pass the Assessment am I provided with a demo or live account?
Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Funded Account is notional and may not match the amount of capital on deposit with the Broker. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded …
Once I pass the Assessment am I provided with a demo or live account? Read More »