How can we help?
Find answers to your questions to help you make the most of NovaBloom.
Have a question?
Find your answers here...
What is the minimum age I must be to be part of your program?
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Where do I track the progress of my account?
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 in near real time as we calculate your account metrics. It is your responsibility to monitor your breach levels.
How will I see the charge on my Statement?
Charges come across in the name of dashboardanalytix.com
How are taxes handled?
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.
How are affiliates credited?
Affiliates are credited for referrals when a user creates an account using a link or discount code provided by the Affiliate.
Can I use an Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
- 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.
- No Gambling Permitted : When participating in trading on both Challenge and Funded Accounts, traders are expected to adhere to responsible risk management practices. This includes carefully considering the risks associated with position size, trade duration, and hedging strategies. Taking excessive risks, such as utilizing maximum leverage to open large positions with the hope of reaching profit targets through a single price movement, is strictly prohibited. Please refer to the Terms and Conditions for the full Prohibition of Gambling Practices language.
- 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, https://dashboardanalytix.com/client-terms-and-policies/?v=3acf83834396
What Countries are accepted?
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.
How do you calculate the Daily Loss Limit?
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 Loss limit compounds with the increase in your account. Example: if your prior day's end of day balance (5pmEST) was $100,000, your account would violate the daily loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a$100,000 account, your new- day (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.
How do you calculate the Max Drawdown (STATIC)?
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.
How do you calculate the Max Drawdown (TRAILING)?
The Maximum Trailing Drawdown is initially set at a specific % and trails (using CLOSED BALANCE -NOT equity) your account until you have achieved a pre-defined % return in your account. Once you have achieved the % return, the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. Example:If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be$96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum TrailingDrawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
Do I have to use one of your accounts for the Assessment or can I use my own?
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.
Do your accounts charge commissions?
Assessment and Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
How many Assessments and/or Funded accounts may I have active at one time
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:
- 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.
- 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.
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your FundedAccount. Hard breach means that you violated either the Daily Loss Limit or MaxDrawdown rule or the Inactivity rule. Violation of these rules constitute a hard breach. In the event you have a hard breach, you will have your FundedAccount taken away.
Is there a breach for inactivity?
Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30consecutive days.
Is Copy Trading allowed
Group trading, signal services, passing services, or any other methods that bypass individual strategy are not allowed. Copy trading from one account to another is only permitted if the trader owns all the accounts in question.
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 profit target.
How long does it take to receive my funded account?
Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your “Know Your Customer”verification and your “Trader Agreement”. Once both are completed and supporting documentation is provided your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Once I pass the Assessment am I provided with a demo or funded account?
Once you pass theAssessment, we provide you with a funded 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 Liquidity Provider. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differs from the nominal account size(i.e., the size of the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account.
Use of notional funding does not impact your trading conditions in any way.
Use of notional funding does not impact your trading conditions in any way.
Do we manipulate the pricing or executions you receive in your Funded Account?
No. We do not have any control over pricing from the liquidity provider or on the executions on your trades.
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 Liquidity Provider(s). 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 to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.
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, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you, subject to the applicable payment split. We reserve the right to change the withdrawal methods and options at any time.
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 reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive$12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at$100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will lock in at the starting balance and trigger the Maximum Trailing Drawdown breach rule, resulting in the forfeiture of your Funded Account.
Am I subject to any position limits?
The maximum position that you may open is determined by your available margin. We reserve the right to increase the margin requirement, amend the leverage ratio limits, or limit the number of open positions you may enter or maintain in a Funded Account at any time, without prior notice, and to revise, in response to market conditions, the drawdown levels at which trading in the funded account will be halted. We or the Liquidity Provider reserve the right to refuse to accept any order.
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 can still request the withdrawal of 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 gains in your funded account, you would be paid your portion thereof.
What are the rules for the One Phase Challenge and Funded Account for CFDs?
The One Phase Challenge is designed to test your trading discipline with straightforward risk rules. If you pass the challenge without breaching any limits, you’ll receive a Funded Account with slightly different conditions. Below is a summary of the trading criteria for both the Assessment Phase and the Funded Phase:
Rule Area
Assessment
Funded
Notes
Profit Target
10%
-
Funded Account has no limit
Daily Loss Limit
5%
5%
Equity-based, limit set by prior day balance (Hard Breach)
Max Drawdown
6%
6%
Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach)
Inactivity Period
30 Days
30 Days
Must place trade (Hard Breach)
Leverage
1:20
1:20
-
Flat for Weekend
Yes
Yes
All positions closed on Friday 3:45pm (Soft Breach)
Max Time
-
-
No Max Time requirements
ADD-ONS (AVAILABLE AT PURCHASE FOR ALL 1/2/3 PHASE PLANS):
Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. Only crypto can be traded over the weekend.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
What are the rules for the Two Phase Challenge and Funded Account for CFDs?
The Two Phase Challenge is designed to assess trading consistency over two stages. Each phase has its own profit target and identical risk rules. If both steps are completed without breaching any limits, you’ll receive a Funded Account with the same risk parameters, minus the profit target.
Rule Area
Phase 1
Phase 2
Funded
Notes
Profit Target
10%
5%
-
Funded Account has no limit
Daily Loss Limit
4%
4%
4%
Equity-based, based on prior day balance (Hard Breach)
Max Drawdown
8%
8%
8%
Equity-based, does not trail (Hard Breach)
Inactivity Period
30 Days
30 Days
30 Days
Must place trade (Hard Breach)
Leverage
1:30
1:30
1:30
-
Flat for Weekend
Yes
Yes
Yes
All positions closed on Friday 3:45pm (Soft Breach)
Max Time
-
-
-
No Max Time requirements
ADD-ONS (AVAILABLE AT PURCHASE FOR ALL 1/2/3 PHASE PLANS):
Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. Only crypto can be traded over the weekend.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
What are the rules for the Three Phase Challenge and Funded Account for CFDs?
The Three Phase Challenge offers the most structured path to funding. Each stage has the same profit target and identical trading rules, with a focus on consistency. There is no daily loss limit, and the drawdown is fixed, not trailing. If all three phases are completed without breaching any rules, you’ll receive a Funded Account with the same parameters, minus the profit target.
Rule Area
Phase 1
Phase 2
Phase 3
Funded
Notes
Profit Target
5%
5%
5%
-
Funded Account has no limit
Daily Loss Limit
-
-
-
-
There is no daily loss
Max Drawdown
5%
5%
5%
5%
Equity-based, does not trail (Hard Breach)
Inactivity Period
30 Days
30 Days
30 Days
30 Days
Must place trade (Hard Breach)
Leverage
1:20
1:20
1:20
1:20
-
Flat for Weekend
Yes
Yes
Yes
Yes
All positions closed on Friday 3:45pm (Soft Breach)
Max Time
-
-
-
-
No Max Time requirements
ADD-ONS (AVAILABLE AT PURCHASE FOR ALL 1/2/3 PHASE PLANS):
Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. Only crypto can be traded over the weekend.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
What are the rules for the Instant Funded CFD Program?
The Instant Funded Program offers traders immediate access to a live Funded Account, with no assessment phase required. While there’s no profit target, strict risk rules apply, including daily loss and drawdown limits. You must place at least one trade every 30 days to avoid breaching the account.
Rule Area
Instant Funded
Notes
Profit Target
-
Instant Funded account has no profit limit
Daily Loss Limit
5%
Equity-based, limit set by prior day balance (Hard Breach)
Max Drawdow
8%
Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach). Account locks at starting balance at payout.
Leverage
1:50
-
Inactivity Period
30 Days
Must place trade (Hard Breach)
Flat for Weekend
Yes
All positions closed on Friday 3:45pm unless Weekend Hold add-on is purchased
Withdrawal Minimums and Delays
-
Greater of 1% of initial balance or $100. First withdrawal at any time, then once every 30 days.
Profit Split
80%
Can increase to 90% with purchase of add-on
ADD-ONS (AVAILABLE AT PURCHASE FOR ALL INSTANT FUNDED PLANS):
Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. Only crypto can be traded over the weekend.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
Can I trade during News Events?
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.
What are the trading hours?
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
Please note that holidays can have an impact on available trading hours. Additionally, pursuant to the no holding trades over the weekend rule, we will attempt to close all open trades at 3:45pm EST on Fridays. Traders are responsible for ensuring all open positions are closed(unless Weekend Hold add-on has been purchased)
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
Please note that holidays can have an impact on available trading hours. Additionally, pursuant to the no holding trades over the weekend rule, we will attempt to close all open trades at 3:45pm EST on Fridays. Traders are responsible for ensuring all open positions are closed(unless Weekend Hold add-on has been purchased)
What Platform can I trade on?
Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade.
What products can I trade?
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.
FX Majors & Minors
Australian Dollar vs Canadian Dollar
Australian Dollar vs Swiss Franc
Australian Dollar vs Japanese Yen
Australian Dollar vs New Zealand Dollar
Australian Dollar vs US Dollar
Canadian Dollar vs Swiss Franc
Canadian Dollar vs Japanese Yen
Swiss Franc vs Japanese Yen
Euro vs Australian Dollar
Euro vs Canadian Dollar
Euro vs Swiss Franc
Euro vs British Pound
Euro vs Japanese Yen
Euro vs New Zealand Dollar
Euro vs US Dollar
British Pound vs Australian Dollar
British Pound vs Canadian Dollar
British Pound vs Swiss Franc
British Pound vs Japanese Yen
British Pound vs New Zealand Dollar
British Pound vs US Dollar
New Zealand Dollar vs Canadian Dollar
New Zealand Dollar vs Swiss Franc
New Zealand Dollar vs Japanese Yen
New Zealand Dollar vs US Dollar
US Dollar vs Canadian Dollar
US Dollar vs Swiss Franc
US Dollar vs Japanese Yen
FX Exotics
Euro vs Norwegian Krone
Euro vs Swedish Krona
Euro vs Singapore Dollar
US Dollar vs Chinese Yuan (Offshore)
US Dollar vs Mexican Peso
US Dollar vs Norwegian Krone
US Dollar vs Swedish Krona
US Dollar vs Singapore Dollar
US Dollar vs South African Rand
Spot Metals
Gold vs US Dollar
Silver vs US Dollar
Commodities
Brent Crude Oil
West Texas Intermediate Crude Oil
Indices
Euro Stoxx 50 Index
CAC 40 Index (France)
DAX 40 Index (Germany)
FTSE 100 Index (United Kingdom)
IBEX 35 Index (Spain)
Nikkei 225 Index (Japan)
Dow Jones Industrial Average (US)
S&P 500 Index (US)
Nasdaq 100 Index (US)
FX Majors & Minors
Australian Dollar vs Canadian Dollar
Australian Dollar vs Swiss Franc
Australian Dollar vs Japanese Yen
Australian Dollar vs New Zealand Dollar
Australian Dollar vs US Dollar
Canadian Dollar vs Swiss Franc
Canadian Dollar vs Japanese Yen
Swiss Franc vs Japanese Yen
Euro vs Australian Dollar
Euro vs Canadian Dollar
Euro vs Swiss Franc
Euro vs British Pound
Euro vs Japanese Yen
Euro vs New Zealand Dollar
Euro vs US Dollar
British Pound vs Australian Dollar
British Pound vs Canadian Dollar
British Pound vs Swiss Franc
British Pound vs Japanese Yen
British Pound vs New Zealand Dollar
British Pound vs US Dollar
New Zealand Dollar vs Canadian Dollar
New Zealand Dollar vs Swiss Franc
New Zealand Dollar vs Japanese Yen
New Zealand Dollar vs US Dollar
US Dollar vs Canadian Dollar
US Dollar vs Swiss Franc
US Dollar vs Japanese Yen
FX Exotics
Euro vs Norwegian Krone
Euro vs Swedish Krona
Euro vs Singapore Dollar
US Dollar vs Chinese Yuan (Offshore)
US Dollar vs Mexican Peso
US Dollar vs Norwegian Krone
US Dollar vs Swedish Krona
US Dollar vs Singapore Dollar
US Dollar vs South African Rand
Spot Metals
Gold vs US Dollar
Silver vs US Dollar
Commodities
Brent Crude Oil
West Texas Intermediate Crude Oil
Indices
Euro Stoxx 50 Index
CAC 40 Index (France)
DAX 40 Index (Germany)
FTSE 100 Index (United Kingdom)
IBEX 35 Index (Spain)
Nikkei 225 Index (Japan)
Dow Jones Industrial Average (US)
S&P 500 Index (US)
Nasdaq 100 Index (US)
What is 1 lot equal to on the Trading Platform?
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
Can I hold positions over the weekend?
Positions can be held over the weekend if the WeekendHold add-on has been purchased, although only Crypto is available for weekend trading. Otherwise, we require all trades to be closed by 3:45 PM EST on the last trading day of the week, typicallyFriday. However, in cases where markets close early or are not open on aFriday, it is the trader’s responsibility to ensure all trades are closed before the weekend based on the adjusted market schedule. Any trades left open after this time will be automatically closed. Note, this is considered a soft breach, and you will be able to continue trading once the markets reopen.
What is the leverage?
We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies.
Do your accounts charge commissions?
Funded Accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
How do you calculate the Maximum Trailing Drawdown on the One Phase Challenge?
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance.
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to$100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to$100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
How do you calculate the 4% Daily Loss Limit on the Two Phase Challenge?
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 PMEST. 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 $96,000 during the day. If your floating equity is +$6,000 on a $100,000 account, your new- day(5pm EST) max loss is based on your balance from the previous day ($100,000).So, your daily loss limit would still be $96,000.
How do you calculate the 8% Max Drawdown on the Two Phase Challenge?
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 8% of your starting balance. This 8% is static and does not trail.
Is there a Daily Loss limit on the Three Phase Challenge?
The three-step program does not have a daily loss.
How do you calculate the 5% Max Drawdown on the Three Phase Challenge?
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 5% of your starting balance. This 5% is static and does not trail.
What is the Instant Funding Plan?
The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.
How long does it take to receive my Instant Funded Account?
Upon completion of payment, we provide you with an Instant Funding account, backed by our capital. You will receive an email with instructions on how to access this account on the platform you chose at checkout.
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 Account represented by the amount of capital) differs from the nominal account size (i.e., the sizeof the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account.
Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max TrailingDrawdown and position limits apply.
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 Account represented by the amount of capital) differs from the nominal account size (i.e., the sizeof the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account.
Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max TrailingDrawdown and position limits apply.
Do I need to complete KYC or sign a trader contract to start trading in an Instant Funding Plan?
A Trading contract and KYC are both required, however to start trading using our Instant Funding Plan, these steps won’t need to be completed until you request a withdrawal.
What happens if I do not pass KYC?
If you fail to pass the KYC process when requesting a withdrawal, the withdrawal will be rejected, your gains forfeited, and your account closed. We strongly encourage you to ensure you meet KYC requirements before choosing the Instant Funding Plan.
How many Instant Funded Accounts may I have active at one time?
A maximum of $190,000 in active Instant Funding plans per person is permitted, consisting of up to one of each plan size.
What brokers/liquidity providers do you use?
We utilize an aggregate source of pricing and liquidity from multiple brokers and liquidity providers.The current liquidity providers use a number of different tier 1 banks, prime brokers, market makers and other liquidity sources to derive their pricing, and those underlying liquidity providers change constantly. Aggregating liquidity providers while maintaining multiple sources of liquidity allows us to provide competitive pricing and execution, while reducing reliance on a sole liquidity provider. All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers.
Please note that the composition of liquidity providers may vary depending on the trading platform.
Please note that the composition of liquidity providers may vary depending on the trading platform.
How do you calculate the Trailing Max Drawdown?
For Instant Funding plans that use a Trailing Max Drawdown, the Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE – NOT equity) your account until you have achieved a pre-defined % return in your account. Once you have achieved the % return, theMaximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. Example: If your starting balance is $100,000, you can drawdown to $92,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $94,000. Next, let's say you take your account to$108,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
Am I subject to any position limits?
The maximum position that you may open is generally determined by your available margin. We reserve the right to increase the margin requirement, limit the max order size or 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 liquidity provider(s) reserve the right to refuse to accept any order.
Do we manipulate the pricing or executions you receive in your Instant 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 markup transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
What are the rules for the Futures Challenge and Funded Account?
The Futures Challenge is designed for traders who want to demonstrate consistent performance using futures contracts. Each phase requires a 9% profit target with a 5% max loss, alongside a consistency requirement that limits how much of your total profit can come from a single trading day. This ensures steady, disciplined trading rather than one-off wins. Plans vary by account size, with exposure limits, payout phases, and maximum contract allowances scaling up accordingly. Once all requirements are met without breaching the rules, traders move into a funded account with a 90% profit split.
Rule Area
$25,000 Plan
$50,000 Plan
$100,000 Plan
$150,000 Plan
Profit Target per Phase
9%
9%
9%
9%
Max Loss (trails on EOD balance)
5%
5%
5%
5%
Consistency requirement**
25%
25%
25%
25%
Maximum Time
60 Days
60 Days
60 Days
60 Days
Exposure Limits - Standard/Micro Contracts
1/15 contracts
3/30 contracts
6/60 contracts
9/90 contracts
Inactivity Period - Phase 1-4
14 days
14 days
14 days
14 days
Inactivity Period - Live Funded
7 days
7 days
7 days
7 days
Phase 1 Payout
$500
$1,000
$2,000
$3,000
Phase 2 Payout
$750
$1,500
$3,000
$4,500
Phase 3 Payout
$750
$1,500
$3,000
$4,500
Phase 4 Payout
$1,500
$3,000
$6,000
$9,000
Live Funded Account Size
$3,000
$6,000
$12,000
$18,000
Live Funded Account Max Loss
$1,500
$3,000
$6,000
$9,000
Live Funded Account Profit Split
90%
90%
90%
90%
Live Funded Account Max Time
N/A
N/A
N/A
N/A
Consistency Score (%) = (Best Trading Day PnL / Total PnL) x 100
A lower consistency score indicates profits are evenly distributed across multiple trading days, reflecting more consistent trading behavior.
A higher consistency score suggests profits are concentrated within fewer trading days, indicating less consistency.
For example, a consistency requirement of 25% typically means you cannot reach your entire profit target or request a withdrawal in fewer than four trading days (since 100% ÷ 25% = 4). You must meet the consistency requirement to advance to the next phase or to become eligible for withdrawals.
A lower consistency score indicates profits are evenly distributed across multiple trading days, reflecting more consistent trading behavior.
A higher consistency score suggests profits are concentrated within fewer trading days, indicating less consistency.
For example, a consistency requirement of 25% typically means you cannot reach your entire profit target or request a withdrawal in fewer than four trading days (since 100% ÷ 25% = 4). You must meet the consistency requirement to advance to the next phase or to become eligible for withdrawals.
How do you calculate the Daily Loss Limit?
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 5PM EST. The Daily Loss limit 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 loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new- day (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.
Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new- day (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.
What Platform can I trade on?
When you purchase aFunded Futures plan, you'll receive credentials granting access to a RithmicR|Trader account. We provide the R|Trader Pro desktop application (Windows only). To use Rithmic's Web and Mobile platforms, you must first complete theMarket Data attestation by logging into R|Trader Pro desktop. These credentials can also connect you to Rithmic's data feed through supported third-party platforms like Quantower, MotiveWave, Bookmap, and others compatible with Rithmic. Please note: While we facilitate access to Rithmic's infrastructure, we do not offer user support for R|Trader, Rithmic, or any third-party platforms. For technical issues or platform-specific questions, please contact the respective technology provider directly.
How many Funded Futures Accounts can I have active at once?
You may only have one active Funded Futures account per starting tier size at a time. The allowed tiers are $25K, $50K, $100K, and $150K — meaning the maximum number of active accounts you can hold at once is four, one of each size. Altogether, the combined starting balances of your active accounts cannot exceed $325,000.
How do the phases work?
Phase1 begins once you purchase an account. Once you hit your profit target; while maintaining a 25% consistency, you will be able to request a payout and then advance to the next Phase. At each new Phase your account will begin with afresh starting balance.
When do I get the payout for each Phase?
Once you complete a Phase and meet the 25% consistency rule you will be eligible to make a request for that Phase’s payout. You will not be able to advance to the next phase until the payout is requested and completed.
What is the Consistency Requirement?
We have aConsistency Requirement to ensure traders aren't hitting profit targets through a few lucky trades. This promotes consistent behavior and punishes YOLO style trading. The calculation is: (best trading day PnL/Total PnL) x 100.A lower value means profits are generated more consistently across multiple trading days. A higher value means profits are concentrated on fewer trading days. For example, a consistency requirement of 25% means you cannot achieve your entire profit target in less than 4 days (100% / 25% = 4).You must meet both the profit target and the consistency requirement — maintaining a consistency ratio at or below 25% — to hit your profit target, be eligible fora payout, and to advance to the next phase.
Example 1: On a $100k account with a profit target of $8,000, if you earn $2,000 per day over 4 days, you meet the consistency requirement. Your best day is $2,000, and total profit is $8,000 — resulting in a consistency ratio of 25% ($2,000 / $8,000).
Example 2: On a $100k account with a profit target of $8,000, if your profits across 4 days are $3,000, $1,000, $2,000, and $2,000, you violate the consistency requirement. Your best day is $3,000, and total profit is $8,000 — which gives a consistency ratio of 37.5% ($3,000 / $8,000). To meet the consistency requirement of 25%, you would now need to reach a total profit of $12,000 while keeping your best day at or below $3,000.
Example 1: On a $100k account with a profit target of $8,000, if you earn $2,000 per day over 4 days, you meet the consistency requirement. Your best day is $2,000, and total profit is $8,000 — resulting in a consistency ratio of 25% ($2,000 / $8,000).
Example 2: On a $100k account with a profit target of $8,000, if your profits across 4 days are $3,000, $1,000, $2,000, and $2,000, you violate the consistency requirement. Your best day is $3,000, and total profit is $8,000 — which gives a consistency ratio of 37.5% ($3,000 / $8,000). To meet the consistency requirement of 25%, you would now need to reach a total profit of $12,000 while keeping your best day at or below $3,000.
Do I lose my account if I don’t meet the Consistency Requirement?
No. But in order to complete the phase and be entitled to receive the payout, you will need to achieve both the profit target and the consistency requirement.
What is a Profit Target?
This is the predetermined profit amount you need to achieve in order to pass to the next phase of the program and be eligible to receive the payout.
Is there a Daily Loss Limit?
There is no specific DailyLoss Limit, but traders must always stay within the Max Trailing Loss.
How do you calculate the Maximum Trailing Loss?
The Maximum Trailing Loss for each phase trails using End of Day Balance. Example: If your starting balance is $100,000, and there is a 5% Max Trailing Loss, you can drawdown to$95,000 before you violate the Maximum Trailing Loss rule. Then for example let's say you take your end of day balance to $102,000. This is your new End of DayHigh-Water Mark, which would mean your new Maximum Trailing Loss would be$97,000. Once you generate a 5% return in the account, the Max Trailing Loss will lock at the starting balance (i.e. the Max Loss Limit will never increase above your starting balance). For the purpose of all calculations, the end of day is defined as 1600 CST.
Can I reset my account if I lose it?
No. You will need to purchase a new account if you breach it for any reason.
Can I hold positions over the weekend?
No. All positions must be closed and all open orders cancelled at 1510 CST each weekday.
What is a Futures contract?
No. All positions must be closed and all opA futures contract represents a standardized amount of an underlying asset. For example, oneE-mini S&P 500 futures contract (ES) represents $50 times the index price, while one crude oil (CL) contract represents 1,000 barrels of oil.
How do I complete the CME market data attestation for Rithmic?
You must complete the CME market data attestation using the R | Trader Pro desktop app—this cannot be done through mobile or web platforms. Once you've completed the attestation inR | Trader Pro, you'll be able to log in and trade through mobile or web apps.Please note: you must attest as a non-professional; we do not accept professional status in this program.
What are the Market Data Fees?
Market data fees cover the cost of accessing real-time price data from the exchanges. These fees are included in your purchase price during Phases 1 through 4. Once you reach theLive Funded Futures phase, any applicable market data or platform fees will be deducted from your account balance on a monthly basis.
What is the 60 Day Maximum Time rule?
Each Phase (1-4) has a maximum time limit of 60calendar days. This means you must meet all the requirements for a given phase within 60 days of starting that phase. If you do not complete a phase within the 60-day window, your account will be deactivated, regardless of your progress or profit level at that point. You will need to purchase a new Futures plan to continue. The timer begins on the day you place your first trade and continues uninterrupted. There are no extensions or pauses. Please plan your trading accordingly to stay on track throughout all four phases.
Is there a breach for inactivity in Phases 1-4
For Phases 1-4, you must place an executed trade once every 14 days to retain the account.
Is there a breach for inactivity in the Funded Account?
If you reach the Live Funded account level, you must place an executed trade once every 7 days to retain the account.
Can I pause the inactivity timer at any account Phase?
No, unfortunately we cannot pause the inactivity timer at any account phase.
Do I need to complete KYC or sign a trader contract to start trading in a Funded Futures Plan?
You will be required to complete our Know YourCustomer (KYC) program and sign our Trader Agreement prior to requesting a payout.
What happens if I do not pass KYC?
If you do not pass the KYC process, your account will be closed.
Do we manipulate the pricing or executions you receive in your Funded Futures accounts?
No. We operate at arm's lengths with the liquidity providers/Exchanges. All market pricing and trade executions are provided by third parties and are not changed or modified by us. Additionally, we do not markup transaction costs established through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
Who is the counterparty to my trades?
During the simulated phases, trades are executed against the liquidity provided by your trading platform and are designed to closely mimic real-market pricing and execution.Once you receive your live funded account, the pricing and execution will come directly from the exchange(s) on which you trade.
Am I subject to any position limits?
The total number of contracts you can hold at one time is limited by both your account size and the exchange margin requirements for each product. Your account balance must be sufficient to cover the required margin for all open positions.
If I have a breach in my Live Funded Account and there are gains in the account, do I forfeit those gains?
If you have gains in yourLive Funded Futures (Phase 5) account at the time of a breach, you will still receive your portion of those gains.
How do I withdraw my Payout once I complete each Phase?
If you achieve the profit target for your current phase and meet the consistency requirements, you’ll be eligible to request that phase’s payout. This payout must be completed before your account is upgraded to the next phase.
How does the Live Funded account phase differ from Phase 1-4?
The Live Funded Futures account operates under a different set of rules compared to Phases 1 -4. Once you reach this level, the following changes apply:
- Risk Parameters: The Max Loss is capped at 50% of your starting balance. There are no longer any profit targets, consistency rules, or time limits.
- Inactivity Rule: You must place at least one executed trade every 7 calendar days to retain your account.
- Live Market Conditions: You are now trading in a live environment, which means you may encounter real-market factors such as slippage, partial fills, and varying liquidity.
- Profit Split: You no longer have a fixed payout and are eligible to keep 90% of your profits in the Live Funded Futures phase.
What products can I trade?
Traders are allowed to trade Futures products only in this program, listed on the following exchanges: CME, COMEX, NYMEX & CBOT.
Equity Index Futures
E-mini S&P 500
Micro E-mini S&P 500
E-mini Nasdaq-100
Micro E-mini Nasdaq-100
E-mini Dow Jones
Micro E-mini Dow Jones
E-mini Russell 2000
Micro E-mini Russell 2000
Currency Futures
Euro FX
British Pound
Japanese Yen
Canadian Dollar
Swiss Franc
Australian Dollar
Energy Futures
Crude Oil
Micro Crude Oil
Natural Gas
Heating Oil
RBOB Gasoline
Metals Futures
Gold
Micro Gold
Silver
Micro Silver
Platinum
Copper
Agricultural Futures
Corn
Soybeans
Soybean Meal
Soybean Oil
Wheat
Cryptocurrency Futures
Micro Bitcoin
Micro Ether
Equity Index Futures
E-mini S&P 500
Micro E-mini S&P 500
E-mini Nasdaq-100
Micro E-mini Nasdaq-100
E-mini Dow Jones
Micro E-mini Dow Jones
E-mini Russell 2000
Micro E-mini Russell 2000
Currency Futures
Euro FX
British Pound
Japanese Yen
Canadian Dollar
Swiss Franc
Australian Dollar
Energy Futures
Crude Oil
Micro Crude Oil
Natural Gas
Heating Oil
RBOB Gasoline
Metals Futures
Gold
Micro Gold
Silver
Micro Silver
Platinum
Copper
Agricultural Futures
Corn
Soybeans
Soybean Meal
Soybean Oil
Wheat
Cryptocurrency Futures
Micro Bitcoin
Micro Ether
Am I required to trade the front-month futures contract?
Traders must trade the front-month contract for each product, as it has the highest liquidity and open interest. For example, in March, the correct contract for the ES E-Mini S&P 500 products is the March (H) contract — not July (N) orSeptember (U). Trading out-month contracts is prohibited and may result in the loss of your account. Always ensure you're trading the active front-month listed on the exchange. To identify the most active front-month futures contracts, you can use CME Group'sProduct Slate, which provides detailed information on all available contracts, including their current front-month status: https://www.cmegroup.com/markets/products.html?
What are the trading hours for Futures products?
Trades can be placed starting at 1700 CST at the Globex Open and can be held until the1510 CST session close.
What happens if I do not close the trade?
Positions will be closed for you during regular trading days at 1510 CST. Trades cannot be held over weekends.
Holiday Hour Trading:
During holiday trading hours, auto-liquidation will not occur at the half-time market close, and the trader is responsible for closing the positions.
Please pay careful attention to market hours around holidays and shortened weeks.
Failure to close the positions before the market closes may result in the loss of the account whether it is a Funded Futures or Live Futures account.
Please pay careful attention to market hours around holidays and shortened weeks.
Failure to close the positions before the market closes may result in the loss of the account whether it is a Funded Futures or Live Futures account.
Do your accounts charge commissions?
Funded Futures accounts receive the same pricing and commissions as charged by the LiquidityProvider/Exchanges to other, self-funded, retail trading accounts.
Can I trade during News Events?
Our futures program does not prohibit trading during news events; however, traders must exercise heightened caution due to the increased volatility and reduced liquidity that often accompany such events. Traders are solely responsible for staying informed of scheduled economic news releases and managing their positions accordingly.
What are the rules for the One Phase Challenge and Funded Account for Crypto?
The One Phase Crypto Challenge is designed for traders focused exclusively on cryptocurrency markets. It includes a 9% profit target, capped daily movement limits, and leverage tailored to crypto volatility. Once you pass the challenge without breaching any rules, you’ll receive a Funded Account with the same trading conditions, but without a profit target.
Rule Area
Assessment
Funded
Notes
Profit Target
9%
-
Funded Account has no limit
Max Drawdown
6%
6%
Equity-based, does not trail (Breach)
Inactivity Period
30 Days
30 Days
Must place trade (Breach)
Leverage
5:1 for BTC, ETH 2:1 for others
5:1 for BTC, ETH 2:1 for others
-
Daily Cap Limit
+/-3%
+/-3%
-
Profit Share Percentage
N/A
90%
-
Max Time
-
-
No Max Time requirements
What are the rules for the Two Phase Challenge and Funded Account for Crypto?
The Two Phase Crypto Challenge is designed for traders who want to prove consistency across two stages before accessing a Funded Account. Each step has its own profit target, with fixed drawdown rules and capped daily account movement to manage crypto volatility. Once both phases are passed without breaching any rules, you’ll receive a Funded Account with the same parameters, but without a profit target and with a 90% profit share.
Rule Area
Phase 1
Phase 2
Funded
Notes
Profit Target
6%
9%
-
Funded Account has no limit
Max Drawdown
9%
9%
9%
Equity-based, does not trail (Breach)
Inactivity Period
30 Days
30 Days
30 Days
Must place trade (Breach)
Leverage
5:1 for BTC, ETH 2:1 for others
5:1 for BTC, ETH 2:1 for others
5:1 for BTC, ETH 2:1 for others
-
Daily Cap Limit
+/-3%
+/-3%
+/-3%
-
Profit Share
-
-
90%
-
Max Time
-
-
-
No Max Time requirements
How do you calculate the 3% Daily Cap Limit?
The Daily Cap Limit is the maximum percentage of your starting balance that your crypto account can move in any given day. The DailyCap Limit is calculated using the previous day’s equity, which resets at 5 PMEST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your account will be locked until the start of the new trading day at 5 PM EST. Example: For a 100k starting balance account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
What happens if I exceed the 3% Cap Limit?
If your account exceeds the 3% gain or loss for the day, the system will automatically disable your account for trading, closing all open trades and canceling any pending orders. Trading will then be restricted for the remainder of the day.
When can I start trading again after exceeding the daily Cap Limit?
Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PMEST, or when the account falls back into the current day's Cap Limits.
When does my Daily Cap Limit reset?
At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account’s updated balance for the new trading day.
Can I hold positions over the weekend?
Yes, you can hold and trade Crypto products over a weekend.
What Platform can I trade on?
All trades will be executed on the DXtrade platform withTradingView charts.
Can I use an Automated Strategy?
Unfortunately,Crypto Only plans are hosted on DXTrade, which does not support Expert Advisors or other automated strategies.
What is the leverage?
We allow up to 5:1 leverage on BTC and ETH. Other cryptocurrencies listed on the platform are at 2:1.
What are the trading hours?
Trading hours are set by the cryptocurrency exchange orLiquidity Provider(s) and are generally open 24 hours. We do not have any control over the trading hours. Please note that holidays can have an impact on available trading hours.
Are commissions charged on the trading activity?
Commissions or commission-equivalents may be charged in connection with your trading activity. Note that cryptocurrency trading is subject to a percentage-based commission rate of 0.05% of the total notional trade volume, charged per side (USD amount * 0.0005).
What products can I trade?
You can trade any products streamed by the Liquidity Provider into the available platform. We offer 26 different Cryptocurrency products.
Aave vs US Dollar
Cardano vs US Dollar
Aptos vs US Dollar
Arweave vs US Dollar
Cosmos vs US Dollar
Avalanche vs US Dollar
Axie Infinity vs US Dollar
Bitcoin Cash vs US Dollar
Binance Coin vs US Dollar
Bitcoin vs US Dollar
Compound vs US Dollar
Curve Dao vs US Dollar
Polkadot vs US Dollar
Ethereum Classic vs US Dollar
Ethereum vs US Dollar
GMX vs US Dollar
Injective vs US Dollar
Chainlink vs US Dollar
Litecoin vs US Dollar
Maker vs US Dollar
Solana vs US Dollar
Celestia vs US Dollar
Toncoin vs US Dollar
Uniswap vs US Dollar
Ripple vs US Dollar
LayerZero vs US Dollar
Aave vs US Dollar
Cardano vs US Dollar
Aptos vs US Dollar
Arweave vs US Dollar
Cosmos vs US Dollar
Avalanche vs US Dollar
Axie Infinity vs US Dollar
Bitcoin Cash vs US Dollar
Binance Coin vs US Dollar
Bitcoin vs US Dollar
Compound vs US Dollar
Curve Dao vs US Dollar
Polkadot vs US Dollar
Ethereum Classic vs US Dollar
Ethereum vs US Dollar
GMX vs US Dollar
Injective vs US Dollar
Chainlink vs US Dollar
Litecoin vs US Dollar
Maker vs US Dollar
Solana vs US Dollar
Celestia vs US Dollar
Toncoin vs US Dollar
Uniswap vs US Dollar
Ripple vs US Dollar
LayerZero vs US Dollar
Can I trade during News Events?
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 aNews 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.
How do you calculate the Maximum Drawdown on the One Phase Challenge?
The Maximum Drawdown is initially set at 6% and is static and will therefore remain at the same value for as long as the account will remain active. Example: If your starting balance is $100,000, you can drawdown to$94,000 before you would violate the Maximum Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE, your MaximumDrawdown would remain at $94,000. So, regardless of how high your account goes, your drawdown will remain the same.
How do you calculate the Maximum Drawdown on the Two Phase Challenge?
The Maximum Drawdown is initially set at 9% and is static and will therefore remain at the same value for as long as the account will remain active. Example: If your starting balance is $100,000, you can drawdown to$91,000 before you would violate the Maximum Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE, your MaximumDrawdown would remain at $91,000. So, regardless of how high your account goes, your drawdown will remain the same.
Still have questions?
Can’t find the answer you’re looking for? Please chat to our friendly team.
Get in touch