(Applicable exclusively during the Funded Phase)
1. Active Trading Days
Traders must complete a minimum of five (5) active trading days within each payout cycle.
An active trading day is defined as any day in which the trader achieves a net gain of at least 0.3% of the account balance.
2. Risk Management
Maximum Risk per Asset: Losses on a single trade or on grouped positions or split positions considered part of the same trade must not exceed 1.5% of the initial account balance.
Trade Grouping Rule: Any new position opened in the same direction (buy/sell) within five minutes of the previous position will be treated as part of the same trade.
Excessive Risk-Taking: Trading behavior that risks the full, or nearly full, daily loss limit on a single trade or across multiple concurrent trades is strictly prohibited and considered gambling-like behavior.
Margin Usage: Traders must maintain prudent margin usage at all times. Margin utilization must not exceed 40% of the available margin to ensure proper risk management and account stability.
3. Trading Restrictions
News Trading: Trading during major news events is strictly prohibited.
Minimum Hold Time: All positions must be held for a minimum of three (3) minutes before closing.
Hedging: Any form of hedging is not permitted.
Layering: A maximum of three (3) open positions is allowed on a single asset/instrument. Additional positions opened in the same direction (buy/sell) within five minutes will be considered part of the same position.
One-Side Trading: Opening multiple or single positions exclusively in one direction (only buying or only selling) across the same or different assets, without proper market, fundamental, or technical analysis, is restricted. This practice is deemed speculative, lacks diversification, and exposes traders to a high risk of significant losses.
Disclaimer
These rules are additional guidelines specific to the FYT Prime model and apply only during the funded phase.
Additionally, the consistency rule is not applicable to FYT Prime models.