MFC Help center · 14 answers

Trading rules

News, automation, copy trading and permitted strategies.

14 answers

Loss limits & calculations

How do daily loss limits work for each program?

The daily limit depends on the program: 1-Step and 2-Step: 5% of the previous end-of-day closed balance; Instant Funding: 3% of that closed balance. Prediction Markets instead uses 3% of prior end-of-day equity. The reset is 5 PM ET, America/New_York.

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What is the difference between balance and equity?

Balance reflects closed transactions and booked adjustments. Equity reflects current account value including floating profit/loss. A rule can use yesterday’s closed balance to set its floor while using current equity to detect a breach.

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Does 5 PM ET change with daylight saving time?

Use the America/New_York time zone, not a fixed local-time assumption. 5 PM New York corresponds to 21:00 UTC during daylight saving time and 22:00 UTC during standard time. Your local time may change on a different date. Check the dashboard reset countdown where available.

The reset recalculates the daily reference; it does not erase an existing breach or reset the maximum drawdown.

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Can an open position breach my account at the daily reset?

Yes. An open position still affects equity while the new daily floor takes effect. A trade that was within the previous daily limit may have less room after reset. Check both daily and maximum floors around the reset rather than assuming unused daily allowance carries forward.

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Which maximum drawdown model applies to my program?
  • 1-Step: 10% trailing on highest closed balance; locks at the starting balance after +10% closed profit.
  • 2-Step: 10% static from the starting balance.
  • Instant Funding: initially 6% of starting balance; tightens to 5% after +5% profit.
  • Prediction Markets: 6% trailing on the equity high-water mark; no starting-balance lock.

The daily and maximum limits apply together. The tighter floor is the immediate constraint. Do not treat a drawdown percentage as a recommended position size. See your program page and dashboard for the applicable floor.

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Do commissions, swaps and spreads matter for a breach?

Yes. Trading costs and execution prices can affect equity. Do not size a position to touch the exact floor: a spread change, commission, swap or price movement can leave equity at or below it. The program’s displayed threshold, not a mental estimate based only on closed profit, is what you should check.

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Does a stop-loss guarantee that I cannot breach?

No. A stop-loss does not guarantee execution at its requested price. Gaps, liquidity and slippage can affect the fill. The absence of a mandatory stop-loss rule does not remove drawdown, position-size or prohibited-conduct rules.

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Trading permissions & restrictions

Is there a breach for inactivity?

Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.

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Prohibition of Gambling Practices

1. Prohibition of Gambling & Excessive-Risk Practices

Trading like a casino is not allowed. “Gambling” includes, but is not limited to

  • All-in or near-all-in trades: committing a substantial portion of available equity or margin to a single trade or single-direction group of trades.

  • Excessive leverage: repeatedly running margin utilisation close to the maximum in order to magnify payout in as few trades as possible.

  • Event-betting: consistently opening large positions immediately before high-volatility news releases or other binary events.

Our rights: If your activity is deemed gambling or excessive risk, we may, at our sole discretion:

  1. Reduce your maximum leverage or impose tiered margin;

  2. Deny an upgrade to a Funded account;

  3. Immediately breach and close the account, with forfeiture of any fees or pending payouts.

We monitor position size, margin utilisation, device/IP fingerprints, and cross-account behaviour to enforce this rule.


2. Evaluation Account Limits

  • One active evaluation per Plan size & type at any time (e.g. one 100 k One-Step, one 100 k Two-Step).

  • Total cap: USD 300,000 combined notional value across all active evaluation accounts per person.

  • Accounts created in violation of these limits may be cancelled.


3. Multi-Account & Hedging Policy

Opening opposite or correlated positions across your own accounts (or accounts linked by IP, device, or household) to bypass risk rules is forbidden. Detected hedging results in an immediate breach of all related accounts.


4. Refund & Fee Policy

  • Hard Breach for prohibited trading: fees are forfeited.

  • No refunds on subscriptions or add-ons once a breach is recorded.

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Can I use an EA or copy between my own accounts?

EAs, automated strategies, copy traders and trade copiers are allowed when you own or are authorised to use the tool and retain exclusive control of every MFC account involved. You remain responsible for every order and all program rules.

Account sharing, third-party account management, platform or pricing exploitation, latency/feed arbitrage and coordinated trading intended to bypass limits remain prohibited. A copier does not make a prohibited strategy acceptable. Ask support for written confirmation before using an unclear setup.

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Can I trade news or hold over the weekend?

Check your program and purchased add-ons before placing a trade near news or holding over a weekend. Do not assume permission on one account applies to another. Instant Funding prohibits opening a position within 3 minutes before or after a major news event without its News Trading add-on, and weekend holding requires its Weekend Holding add-on.

Other programs have their own applicable terms. Check the event, affected instrument and time zone; ask support to clarify uncertain cases before trading. An add-on does not remove other risk or prohibited-strategy rules. Do not assume an add-on can be purchased later or applied retroactively.

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Consistency, breaches & reviews

What is a Hard Breach rule?

A hard breach is a terminating rule violation under your program. Reaching or falling below a daily or maximum equity floor can breach the account, even if balance still looks above the floor. Inactivity and prohibited conduct can also trigger consequences under the applicable rules.

During evaluation, a hard breach means the assessment is failed. On a funded account, it can terminate the account and remove payout eligibility. If you believe a calculation or technical issue is involved, preserve the trade references and ask support to review it. A chat response does not reverse a breach.

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What is the Consistency Rule and how does it work?

The 15% consistency rule applies to Instant Funding and funded Challenge accounts, not to the evaluation stage of Challenge accounts. It limits the share of total accumulated profit contributed by a single trading day. Prediction Markets uses its separate Max Profit Per Event rule instead.

Calculation: best profitable day ÷ total accumulated profit × 100. If total profit is $5,000, the largest day must be no more than $750. A $1,000 best day requires at least $6,666.67 total profit to represent no more than 15%, subject to dashboard rounding. Later losses can increase the ratio by reducing total profit. This is a calculation example, not a recommendation to trade more or take extra risk.

Check the dashboard and account terms before requesting a payout. Do not assume the same calculation automatically applies to another program or promotional account.

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How do I request a review of a trading-rule calculation?

Provide the program and stage, masked account reference, relevant trade tickets, displayed floor, balance/equity at the time and timestamps with time zone. Explain which calculation you believe is incorrect. Keep the original records. Support must check account data before reaching a decision; do not share credentials or assume that submitting a request restores trading access.

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Still need a hand?

For an account-specific issue, tell us your program and what happened. Never share your password or verification codes.

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