Do your accounts charge commissions?
We use the RAW accounts from the Broker. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.
Can I use an Expert Advisor?
Subject to our policy on Prohibited Trading, you can trade using an Expert Advisor.
Do I have to use one of your accounts for the Assessment or can I use my own?
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to: In further clarification to the above, the Company disallows the following strategies: If the Company detects that your trading constitutes Prohibited Trading, […]
Can I trade during News Events?
Yes, you can trade during the news provided that pricing data from the Broker continue to be provided.
How are taxes handled?
When trading a Live Account for our firm, you are treated as an independent contractor. As a result, you are responsible for all taxes on your gains.
Can I hold positions over the weekend?
Yes you can!
How are affiliates credited?
Affiliates are given credit for introducing new Customers to the Company: A Customer who is registered to an affiliate will remain registered forever. An affiliate will receive affiliate credit for ALL orders from that customer for their lifetime.
What are the prices for different challenge amounts?
The prices for the one-step and two-step assessments vary based on the challenge amount. Here is a breakdown: These prices reflect the cost of the assessments for each challenge level.
Which broker do you use for your trading challenges?
We use a variety of data providers to ensure the best market conditions for our trading challenges. By leveraging multiple data sources, we can provide accurate and reliable market data, ensuring a fair and transparent trading environment for all participants. This approach allows us to offer optimal market conditions, tailored to enhance your trading experience.
What Countries are accepted?
Subject to compliance with applicable laws and regulations, traders from all countries, excluding: Pakistan + Vietnam + OFAC listed countries can take part in our program.
What is the minimum age I must be to be part of your program?
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.