All Collections
FAQs
Account Rules
Account Rules

This describes the rules for the accounts we have.

Updated over a week ago

Instant Funding Smart Account (IFSA)

  1. Profit Target: No Target

  2. Daily Loss Limit: No Limit

  3. Maximum Loss Limit: 10% (Smart Drawdown)

  4. Time Limit: No Limit

  5. Scale Target: 10%

  6. Scale Speed: x2 (Double each time)

  7. Scale Limit: $1,250,000 for all accounts

  8. Are EAs Allowed: Yes

  9. Is Copy Trading Allowed: Yes


One-Phase Challenge Account (OPCA)

  1. Profit Target: 10%

  2. Daily Loss Limit: 3% (Can be removed after your first payout if requested)

  3. Maximum Loss Limit: 10% (Smart Drawdown)

  4. Time Limit: No Limit

  5. Scale Target: 10%

  6. Scale Speed: x2 (Double each time)

  7. Scale Limit: $1,250,000 for all accounts

  8. Are EAs Allowed: Yes

  9. Is Copy Trading Allowed: Yes


Two-Phase Challenge Account (TPCA)

  1. Profit Target: 8% and 5%

  2. Daily Loss Limit: 5% (Can be removed after your first payout if requested)

  3. Maximum Loss Limit: 10% (Smart Drawdown)

  4. Time Limit: No Limit

  5. Scale Target: 10%

  6. Scale Speed: x2 (Double each time)

  7. Scale Limit: $1,250,000 for all accounts

  8. Are EAs Allowed: Yes

  9. Is Copy Trading Allowed: Yes


The below is a table that compares the rules between all the accounts we offer - do refer to the above headers for further information if need be.

Profit Target

Daily Loss Limit

Max Loss Limit

Time Limit

Scale Target

Scale Speed

Scale Limit

EAs?

Copy Trade?

IFSA

N/A

N/A

10%

N/A

10%

x2

$1.25M

Yes

Yes

OPCA

10%

3%

10%

N/A

10%

x2

$1.25M

Yes

Yes

TPCA

8%,5%

5%

10%

N/A

10%

x2

$1.25M

Yes

Yes

We have no maximum number of accounts. In order to merge an account, you need to have two or more of these accounts at maximum allocation - we can then merge this upon request. The Maximum Allocation per trader is currently $2,500,000. Although you can apply for an increase in this by contacting us via email. To apply for this you must have more than $2,000,000 in allocation with us already. This allocation is for all challenges and instant accounts combined. One account can scale to a maximum of $1,250,000.

Allocation for non-scaled accounts: The limit for 'Challenge' accounts is $600,000 in starting balances. This means if you have one $200,000 Instant Funding account you received by our One-Phase or Two-Phase Challenge, you then scale this to $400,000. This still counts as $200,000 as this was the starting balance. You can have any number of accounts up to this $600,000 in starting balance. This is calculated on Challenges Only. For example, you can have 4x $12,500 Instant Funding accounts which adds up to $50,000. You can have 2x $200,000 accounts which are $400,000. You can have 1x $100,000 and 1x $50,000. Giving you a grand total of $600,000 in Instant Funding accounts from challenges by starting balance. You can then scale these up to a maximum of $2,500,000. You are welcome to merge these accounts if you wish. You can have up to and not more than $200,000 in Instant Funding account sizes.

Note: Once an account has been deployed we cannot merge until you have reached the maximum scale. Also, we do not allow multiple accounts to deploy the same or a similar
strategy. If you were planning on using these accounts at the same time with the
same strategies, do read about this further on our webpage that discussing acceptable and non-permissible trading strategies.

Fail/ Breach Account (inc. Failing Challenges)

If a trader fails to pass the challenge, they will have the option to reset their evaluation at a discounted price. If you lose an Instant Funding account you will also be presented with a retry button to restart at a discounted rate, However, please note that program and reset prices are subject to regular evaluation and may change.

To keep your account active, it is necessary to place at least one trade on your account every 35 days. This rule applies for all our account types (Instant Funding and Challenges)!
โ€‹

Did this answer your question?