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LAST UPDATES FAQ
3 PHASES EVALUATION
HOW ARE DAILY AND OVERALL MAXIMUM LOSS CALCULATED?
Drawdown breach is based on equity. The daily maximum loss (5%) is calculated based on your starting balance at 12:05 AM UTC. The maximum loss limit is fixed at 5% of the initial account balance.Â
WHAT IS THE LEVERAGE?
The leverage depends on the type of evaluation:
ADVANCED ACCOUNTS:
- Forex; 1:100 leverage
- Commodities; 1:100 leverage
- Indices; 1:100 leverage
- Cryptos; 1:100 leverage
- Stocks; 1:100 leverage
STUDENT ACCOUNTS:
- Forex; 1:30 leverage
- Commodities; 1:30 leverage
- Indices; 1:20 leverage
- Cryptos; 1:5 leverage
- Stocks; 1:5 leverage
HOW CAN I WITHDRAW MY PROFITS?
You will be able to withdraw after only 5 trading days if it is your first withdrawal. After that you may request a withdrawal when you have traded for at least 15 days, or, on the alternative, every 30 calendar days, as long as you have not violated any rules.
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To make a withdrawal of your profits you must request it on the dashboard
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Once you have requested a withdrawal you will receive an email requesting the information to which we must send the funds. You will also receive a contract to sign and a KYC to complete.
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You must keep all trades closed before requesting a withdrawal, otherwise they will be closed manually.
INSTANT EVALUATION
WHAT IS THE MAXIMUM ALLOCATION PER USER?
In Instant Funding evaluations, the maximum allocation does not apply in comparison to other accounts you may have per user. However, it should be noted that each person can only have three active instant funding evaluation at the same time and use one of them simulaneously without having started/used the others.
WHAT IS THE LEVERAGE?
The leverage on Instant Accounts:
- Forex; 1:30 leverage
- Commodities; 1:30 leverage
- Indices; 1:20 leverage
- Cryptos; 1:5 leverage
- Stocks; 1:5 leverage
HOW CAN I WITHDRAW & UPGRADE MY INSTANT ACCOUNT?
If you have an instant phase account you can request a “Withdrawal & Update” once you reach 10% profit on your account, with no minimum days traded. If on the other hand you want to withdraw before reaching 10%, you can do it under the same conditions of the other evaluations.
HOW MUCH CAN I SCALE MY INSTANT ACCOUNT
You can scale your Instant Account up to 1,280,000$
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Every time you get 10% of your account and request the “Withdrawal & Update” from the dashboard, your account will double in size by x2.
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You can find this information when selecting your preferred account in the “SCALE UP STRUCTURE” section.
ADD-ONS
IN WICH EVALUATIONS WORKS?
On 2 Phases Evaluations:
– Weekly Payouts: It has a cost of 20% on the value of the evaluation and allows you to obtain the scholarship with only 7 days traded.
– Profit Split 90/10: Costs 20% of the evaluation value and allows you to earn 90% of the returns generated on your scholarship.
– Daily Drawdown 6%: Costs 15% of the evaluation value and increases your daily loss limit to 6%.
– Max Drawdown 12%: This costs 25% of the value of the assessment and increases your max loss limit to 12%.
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On 1 Phase Evaluations:
– Weekly Payouts: It has a cost of 20% on the value of the evaluation and allows you to obtain the scholarship with only 7 days traded.
– Profit Split 90/10: Costs 20% of the evaluation value and allows you to earn 90% of the returns generated on your scholarship.
CAN I BUY SEVERAL EVALUATIONS WITH ADDONS?
The answer is yes, the price will be calculated based on the total price of the products and your accounts will be created with the AddOns. If there is a 1-phase account in the cart, the drawdown addons will not be available.
