The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST.

The Daily Stop compounds with the increase in your account.

Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your newday (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.

Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at a defined % of your starting balance. This % is static and does not trail.

Yes. Engaging in inappropriate risk management practices, such as gambling, “all-in” trading, or excessively leveraging positions, is strictly prohibited. Trading activity that resembles gambling—such as consistently placing trades prior to news releases or other binary events—will not be tolerated.

Excessive risk-taking and gambling are defined by the percentage of an account risked in a single trade or across a series of trades or positions. An “all-in” trade refers to committing all or a substantial portion of available capital or margin to a single trade. Similarly, excessive and improper use of leverage occurs when a trader risks a significant portion of their account in one trade or across a series of one-directional trades and positions.

Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30 consecutive days.

While we do not prohibit the use of EAs, we do not support API or EA functionality, so the implementation and use of such automated trading systems are the trader’s sole responsibility to manage, and the use of such programs is at the trader’s own risk. We will also not be able to troubleshoot any issues with EA’s or API’s due to not supporting them. However, EA’s that facilitate copy trading are strictly prohibited.

Yes, as long as you only copy from accounts which you own and do not engage in Prohibited Trading Activities as identified in these FAQ and the Terms and Conditions. However, copy trading facilitated by EAs is strictly prohibited.

Forex:

• 1 lot = $100k notional
• Index: 1 lot = 1 Contract

Exceptions:

• SPX500: 1 lot = 10 contracts
• JPN225: 1 lot = 500 contracts
• Cryptos: 1 lot = 1 coin
• Silver: 1 lot = 5000 ounces
• Gold: 1 lot = 100 ounces
• Oil: 1 lot = 100 barrels

Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.

Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.

Positions can be held over the weekend.

No. High frequency trading is prohibited and constitutes a hard breach of your account.