Frequently Asked Questions
Below you will find an extensive list of answers to your questions.
A prop trading firm provides traders with the capital to trade on financial markets. Traders retain a portion of the profits they earn, while the firm assumes the financial risk.
The program involves a challenge phase where you must meet specific profit targets while adhering to risk management rules. After passing this phase, you move to the funded phase, where you trade with the firm’s capital and keep up to 95% of the profits.
Yes, there is an entry fee for the challenge phase. This fee covers the cost of maintaining the program and evaluating your trading performance.
The program is open to traders from most countries, although some restrictions may apply depending on local regulations.
While prior experience is beneficial, it is not strictly required. However, understanding the basics of trading and risk management will significantly improve your chances of success in the challenge phase.
The time it takes to become a funded trader depends on how quickly you meet the challenge criteria. There are no time limits, so you can proceed at your own pace.
We offer 24/7 support via live chat, email, and phone. Our team is always available to assist with any questions or issues you may encounter.
No, all fees are transparently listed when you sign up. There are no hidden charges or surprise costs beyond the initial entry fee.
If you don’t pass the challenge, you can try again by paying the entry fee. There’s no limit to how many times you can attempt the challenge.
To create an account, visit our website, complete the registration form, choose your challenge level, and pay the entry fee. You’ll receive your account details via email.
Once you’ve registered and selected your challenge level, the account type is fixed for that challenge. However, you can choose a different type if you start a new challenge.
No, there is no need to deposit your own money. The entry fee covers the challenge, and if you pass, the firm provides the trading capital.
You can request a withdrawal through your account dashboard. Profits are typically processed within a few business days, and you can receive them via various payment methods.
You can have multiple challenge accounts, but each one must be separately registered and paid for. Funded accounts are also managed individually.
If your account breaches the drawdown limit, it will be closed, and you will not progress to the funded phase. You can start a new challenge if you wish to try again.
Yes, you can access your trading account from any device with an internet connection, including desktops, laptops, tablets, and smartphones.
If you forget your password, you can reset it by clicking on the "Forgot Password" link on the login page. You’ll receive instructions via email.
Yes, we use advanced encryption and security protocols to ensure that your account information is always protected.
The daily drawdown limit is calculated based on your account equity rather than your balance. This ensures that your risk is managed consistently, even with open trades.
You are free to trade a wide range of instruments, including forex pairs, commodities, indices, and cryptocurrencies. However, some exotic pairs or specific instruments may be restricted based on your account type.
Yes, you are allowed to hold positions overnight and over the weekend. However, you should be aware of potential market gaps and the associated risks.
The maximum leverage available depends on the account type and the specific challenge you are participating in. Leverage settings are typically detailed when you select your challenge level.
Profit is calculated based on your account balance and closed trades. Any open trades at the end of the challenge period are not counted towards your final profit.
Most trading strategies are allowed, including scalping, hedging, and news trading. However, certain prohibited practices, like arbitrage or latency exploitation, may result in disqualification.
Exceeding the maximum position size specified in the trading rules may result in the closure of your account or disqualification from the challenge.
Yes, you can use Expert Advisors (EAs) on your trading account. Make sure that the EAs you use comply with the trading rules and don’t engage in prohibited activities.
Violating the trading rules may result in the termination of your account and forfeiture of any potential profits. It’s important to familiarize yourself with the rules to ensure compliance.
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