FREQUENTLY ASKED QUESTIONS
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
We offer up to 50:1 leverage on Forex, up to 5:1 leverage on Metals, up to 5:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.
After a cleared payment on the purchase of one of the Challenges occurs, you will receive an email with the login details to access your account on our platform. Once this information is emailed to you, no refund will be given. However, refunds may be given on a case-by-case basis as we deem appropriate in our sole discretion.
Charges come across in the name of dashboardanalytix.com.
Evaluation Limits: ● You are allowed to take only one evaluation of a specific account size and a specific plan tier at a time across all trading platforms. ● Example: You can have one 100k One Step Plan and one 100k Two Step Plan active simultaneously. However, you cannot have one 100k One Step Plan on DXTrade and another 100k One Step Plan on cTrader, or 2+ 100k 1 Step plans on any combination of platforms. Maximum Assessment Limits: ● A maximum of $1 million in active evaluation plans per person is permitted. This can be composed of multiple assessments, provided that none are the same account size and are within the same Step framework as described above. Maximum Funded Limits: ● A maximum of $1 million in active funded plans per person is permitted. ● If a customer passes multiple assessments and has 2 active funded accounts of the same account size, they will have 2 options: 1. Only have one funded account of that size open at a time and wait for the account to be breached before making the other funded account active. 2. If no trading has taken place in either account, the customer can opt to combine the 2 accounts into a single account of double the size. Compounding Limits: ● There are no limits on compounding. ● You can start with up to $1 million of initial funding and grow the account to any balance you desire, including $10 million, $20 million, and beyond.
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
Affiliates are credited for referrals when a user creates an account using a link or discount code provided by the Affiliate.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over the trading hours. You can see the trading hours for each product by using the following methods:
- DXtrade – Right click symbol, select “Instrument Info”
- MatchTrader – Click symbol to expand, select “Info”
- cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program, unless otherwise limited at the Company’s discretion.
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Liquidity Provider.
● Utilizing non-public and/or insider information.
● Front-running of trades placed elsewhere.
● Trading in any way that jeopardizes the relationship that the Company has with a Liquidity Provider or may result in the canceling of trades.
● Trading in any way that creates regulatory issues for the Liquidity Provider.
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts.
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here.
Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade.
U.S. traders can choose between DXtrade or MatchTrader.
You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.
Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.