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Frequently Asked Questions
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1-Step MFC Challenge
1-Step General Trading Rules
How do you calculate the 6% Maximum Trailing Drawdown?
2-Step MFC Challenge
How do you calculate the 10% Maximum Trailing Drawdown?
2-Step General Trading Rules
Trading Rules
Prohibition of Gambling Practices
What is a Hard Breach rule?
How do you calculate the 5% Daily Loss Limit?
Is there a breach for inactivity?
Live Accounts
Once I pass the Assessment am I provided with a demo or live account?
Can pricing or executions be manipulated in my Live Account?
Am I subject to any position limits?
What are the rules for the Live Account?
If I have a hard breach in my Live Account and there are gains in the account, do I forfeit those gains?
How do I withdraw the gains in my Live Account?
When can I withdraw the gains in my Live Account and how does that affect my Maximum Trailing Drawdown?
How Long does it take to receive my Live Account?
Trader Verification
Free Give Away / Promotional Accounts
Payout Rules for Promotional Accounts
How Retake Plans Work
Do Free Giveaway Accounts/Promotional Accounts have any limitations?
Limited Amount of Free Give Away / Promotional Accounts
FAQ’s
Do your accounts charge commissions?
Can I use an Expert Advisor?
Do I have to use one of your accounts for the Assessment or can I use my own?
What is the policy on Prohibited Trading Activity?
Can I trade during News Events?
How are taxes handled?
Can I hold positions over the weekend?
How are affiliates credited?
What are the prices for different challenge amounts?
Which broker do you use for your trading challenges?
What Countries are accepted?
What is the minimum age I must be to be part of your program?
Where do I track the progress of my account?
What Platform can I trade on?
What products can I trade?
What is the leverage?
What are the trading hours?
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