Trading Rules
General Rules Overview
1st PHASE EVALUATION (30 DAYS) | 2nd PHASE EVALUATION (60 DAYS) | |
|---|---|---|
DURATION | 30 DAYS | 60 DAYS |
PRICE | €499 / €799 / €1297 | |
STARTING BALANCE | 50K / 150K / 500K | 50K / 150K / 500K |
LEVERAGE | 1:200 | 1:200 |
MAX DAILY DRAWDOWN | 10% | 4% |
MAX OVERALL DRAWDOWN | 20% | 10% |
PROFIT TARGET | 8% | 6% |
MIN TRADING DAYS | 10 | 30 |
MIN NUMBER TRADES | NO | 40 |
EXPERT ADVISOR TRADING | YES | YES |
TRADING OVER WEEKEND | NO | NO |
TRADING OVERNIGHT | NO | NO |
NEWS TRADING | YES | YES |
ASSETS TYPE | CFD | CFD |
BASIC TRAINING | YES | YES |
PROFIT FACTOR | NO | > 2.2 |
AUTHORIZED TRADING SYSTEM | YES | YES |
FUTURES CONTRACTS LIMIT | NO | NO |
DAILY TRADING CLOSURE | 5.30 PM | 5.30 PM |
BONUS | NO | CHALLENGE REFUND |
MIN ASSETS TO TRADE | 3 | 3 |
| FEATURES | 1st EVALUATION PHASE | 2nd EVALUATION PHASE | LIVE TRADING | PROFESSIONAL TRADER |
|---|---|---|---|---|
|
DURATION |
30 DAYS |
60 DAYS |
180 DAYS / 180 DAYS / LIFETIME |
1st Phase: 30 DAYS 2nd Phase: 60 DAYS |
|
PRICE |
€499 / €799 / €1297 |
|
€4997 / €6997 / €7997 |
€2499 |
|
STARTING BALANCE |
50K / 150K / 500K |
50K / 150K / 500K |
50K / 150K / 500K |
Up to 100MIL |
|
LEVERAGE |
1:200 |
1:200 |
1:100 |
1:200 |
|
MAX DAILY DRAWDOWN |
10% |
4% |
3% |
1st Phase: 10% 2nd Phase: 2% |
|
MAX OVERALL DRAWDOWN |
20% |
10% |
5% |
1st Phase: 20% 2nd Phase: 4% |
|
PROFIT TARGET |
8% |
6% |
10% |
1st Phase: 10% 2nd Phase: 6% |
|
MIN TRADING DAYS |
10 |
30 |
|
|
|
MIN NUMBER TRADES |
NO |
40 |
3 PER DAY |
|
|
EXPERT ADVISOR TRADING |
YES |
YES |
|
|
|
TRADING OVER WEEKEND |
NO |
NO |
NO |
|
|
TRADING OVERNIGHT |
YES |
NO |
NO |
|
|
NEWS TRADING |
YES |
YES |
YES |
|
|
ASSETS TYPE |
CFD |
CFD |
CFD |
|
|
BASIC TRAINING |
YES |
YES |
INSTITUTIONAL TRAINING |
|
|
PROFIT FACTOR |
NO |
HIGHER THAN 2.2 |
HIGHER THAN 2.2 |
|
|
AUTHORIZED TRADING SYSTEM |
YES |
YES |
YES |
|
|
FUTURES CONTRACTS LIMIT |
NO |
NO |
|
|
|
DAILY TRADING CLOSURE |
X |
22:00 |
22:00 |
|
|
BONUS |
NO |
NO |
ELITE ENTRANCE
Extra Bonus only after 180 days of real account |
|
|
MIN ASSETS TO TRADE |
3 |
3 |
|
|
Our Main Rules
Profit Target
A profit target is a predetermined price point at which an investor will exit a trade for a positive gain.
In the 1st Evaluation Phase the profit target is set at 8%, in the 2nd Phase it is set at 6%.
Max Drawdown
In every stage of your journey you must respect the respective max daily and overall drawdown percentage.
Daily Drawdown
It depends on the Phase you are in.
When you start the 1st Evaluation Phase, max daily DD is 10%. Once you reach the 2nd Evaluation Phase, it drops to 4%.
Overall Drawdown
You are allowed a maximum of 20% loss from the initial balance in the 1st Evaluation Phase. Once you reach the 2nd Evaluation Phase, the overall DD drops to 10%.
EA & Strategies
You are allowed to use any strategy and Expert Advisor to succeed in your challenge with the exception of EA arbitrage.
You can use any strategy and EAs or Bots for your trading, with the exception of the Arbitrage ones. Moreover, you are responsible for the operation of such EAs to make sure they do not violate any Trading Rules and Account Limits.
Your trading style is completely up to you. We have no reason to limit or restrict your trading strategy, be it discretionary trading, hedging, algorithmic trading, EAs, etc. As long as your trading is legitimate, compliant with real market conditions and we can replicate your trades on our live corporate accounts, there is no limitation to your trading style or strategy. You can trade all available instruments and assets in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,…).
We give you complete freedom here. If your system is profitable while respecting the rules, we’re happy to see you profit with us.
Position Holding
Overnight trading and holding positions over the weekend are not permitted.
Choose the strategy you prefer, but all trading positions must be closed before 22:00 daily. We do not allow holding overnight positions neither over the weekend.
Max Open Lots
The trading account leverage is 1:200. We do not limit the size of trades. Do not abuse it.
We do not limit you in opening large positions. Always remember to use leverage responsively taking the margin into account.
Minimum Trading Days
Every Evaluation Phase has its own minimum trading period. See details.
For the 1st Evaluation Phase, you have to open at least one trade every day for a minimum of 10 days.
During the 60-day 2nd Evaluation Phase the number of trading days has to be 30.
Profit Factor
The ratio of gains to losses is set at 2.2 only during the 2nd Phase.
We want to make sure you are not just a lucky trader. The total gross profit divided by the total gross loss of your trading strategy during the 2nd Evaluation Phase must be at least 2.2.
We do not impose any ratio during the 1st Evaluation Phase.
Min Number of Trades
The minimum number of trades for each Evaluation Phase changes.
During the 1st Evaluation Phase there is no minimum number of trade requested.
Throughout the 60-day 2nd Evaluation Phase you have to open at least 40 trades.
Sharpe Ratio
The ratio must be positive only during the 2nd Evaluation Phase.
The Sharpe index is an indicator that measures the excess return, compared to the risk-free rate, achieved by a trading account per unit of total risk borne.
A positive Sharpe ratio is requested only during the 2nd Evaluation Phase and it is suitable for assessing the overall goodness of the trader’s strategy performance.
