FAQ

The consistency rule ensures traders maintain steady performance over designated trading days without relying on large singular trades to meet a profit target. It applies as follows:

Consistency Target:

$5K to $10K Accounts: 0.3% of initial balance

$20K to $100K Accounts: 0.5% of initial balance

$200K to $400K Accounts: 1% of initial balance

2 Step Evaluation:

Phase 1: Achieve the consistency target for at least 4 days

Phase 2: Achieve the consistency target for at least 2 days

Traders must achieve profitability within the specified number of days and meet the daily profit requirement for their account size

We offer leverage of up to 1:100. For forex pairs, the leverage is 1:100; for metals and energies it is 1:30; for indices 1:50; and for stocks 1:10.

The Daily Loss Limit is the maximum amount your account can lose in a single day. It is calculated using the balance from the previous day, which resets at 00:00 server time, which is GMT+2 or GMT+3. Unlike other firms, we base our calculations solely on the previous day’s balance, not equity. This balance-only model allows you to maximize your gains without risking your account. The daily stop adjusts as your balance increases.

Example 1:
If your balance at the end of the previous day (23:50 GMT+2 or GMT+3) was $100,000, your account would exceed the Daily Loss Limit if your equity dropped to $95,000 during the day.

Example 2:
If your floating equity is +$6,000 on a $100,000 account, your maximum loss for the new day (23:50 GMT+2 or GMT+3) is still based on the previous day’s balance of $100,000. Therefore, your Daily Loss Limit remains at $95,000.

Example 3:
If you make a $5,000 profit on a $100,000 account, your maximum daily loss for the new day (23:50 GMT+2 or GMT+3) will be based on the updated balance of $105,000 from the previous day. Consequently, your Daily Loss Limit would be $99,750.

Maximum drawdown is the largest loss your account can sustain before breaching its limit. When you open an account, the maximum drawdown is set at 10% of your starting balance. This 10% is static and does not adjust as your account balance increases.

Example 1:
If your starting balance is $100,000, the maximum amount you can lose is $10,000. This means that if your balance falls to $90,000 or less, you will have violated the maximum drawdown rule.

Example 2:
If you increase your account balance to $105,000, the maximum drawdown level remains at $90,000. However, you must also adhere to the daily drawdown limit of 5%, which, in this case, is $99,750. Breaching this daily limit will result in losing the account.