Frequently asked questions
How can slippage occur?
Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.
It can occur during volatile moments, for example during a high-impact news event in retrospect to the affected currency. This is something we can not control.
Manage your risk wisely if you hold trades during these moments.
What are the rules of a Master account, aka funded account?
We don't want to push you for profits. Therefore, there is no profit target on your Master account, but there are risk limit rules. A 5% Daily Loss Limit and a Maximum Loss Limit is 10% of the initial balance.
Daily Loss Limit
The Maximum Daily Loss is the amount you are allowed to lose every day. For the purpose of this rule, the higher value between equity and balance will be used. This rule is set as a % of every day's starting equity or balance. The rule states that the equity of the day, which is the result of the currently floating PnL (Profit and Loss) in sum with all closed positions of that day, must not hit the Maximum Daily Loss Limit. The daily maximum loss resets at 00:00 CE(S)T/server every day.
Maximum Loss Limit
The Maximum Loss Limit is the amount your equity or balance can't go below. This rule is set to 10% of the initial account size. For example, if you have a $100.000 account and the Maximum Loss Limit is 10%, your equity or balance can't go below $90.000 at any moment.
Hold trades during news & over the weekend
You are allowed to hold a trade during news and over the weekend on the Master account. Profit from trades that are opened or closed 2 minutes prior to and after a high-impact news event on the affected currency will not be counted. High impact News event trading will result in the deduction of any profits made from trades executed within the restricted 4-minute window. This also includes pending orders, for example, limit and stop orders being hit during the prohibited windows. This will NOT violate the trading account, but only the trade(s) will be violated. We use Forex Factory as our news calendar source. If any deductions result in the breach of the daily loss limit or maximum loss limit, the trader is responsible for the violation.
Trying to take advantage of the Trading Platform inefficiencies is prohibited
Trade the way you want. Use an "EA", hold during news, hold trades over the weekend and trade lot sizes as big as the leverage allows for. However, Any Trading activities that are used to take advantage of Trading Platform inefficiencies (Gap trading, high frequency trading, toxic trading flow, server spamming, latency arbitrage, hedging, long short arbitrage, reverse arbitrage, tick scalping, server execution, opposite account trading) are all prohibited trading plus copy trading or account management by a third-party vendor will result in account termination, such activities with Funding Pips will result in account termination. Keep in mind using a third party expert advisor (trade/risk manager) is allowed as long as it is not managed or traded by another party. Remember! YOUR IDEAS, OUR RISK. To get funded and grow as a trader you should be able to trade and have the right set of skills. YOU CANNOT CHEAT YOUR WAY IN.
Which instrument can I trade?
You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads. Forex and Metals have a 2$ commission per lot. Crypto, Indices, and Oil are commission-free. The leverage for forex is 1:100, Metals 1:30, Indices 1:20, Energies 1:10 and Crypto 1:2.
Lot size limit per click
There are NO LOT SIZE RESTRICTIONS at all. You can open as many lots as the margin/leverage allows for. However, to avoid extreme market conditions for higher volumes there are limits on the lot size that can be opened in one click/trade.
The platform will not allow higher lot sizes in one click. There is NO RESTRICTION and NO VIOLATION on the number of lots you can have open at any given time. This is just a limitation per trade.
Made a partial crypto currency transaction, what next?
Always share the screenshot of the transaction number or the hash reference number with your email. We will reply with a new payment link that should be used to complete the transaction.
How can I contact you?
You can reach us by [Chat/email address/]. We are always happy to answer your questions.
Minimum Trading Days?
6 Profitable Days within 2 weeks Phase (1) Evaluation
4 Profitable Days within 2 weeks Phase (2) Evaluation
After this you be a Funded Trader with 80/100 Profit split
Trading Lifer Pro will able to withdraw 90/100 Profit Split
