Draw-down is static.
Irrespective of your daily draw-down, highest or lowest equity attained in a day.
E.g. If your starting capital is $100,000 you will be terminated based on Draw-Down only when you hit a Balance/Equity of $93,000
Draw-down is static.
Irrespective of your daily draw-down, highest or lowest equity attained in a day.
E.g. If your starting capital is $100,000 you will be terminated based on Draw-Down only when you hit a Balance/Equity of $93,000
Drawdown is "Balanced based"
E.g. If you trade a $100,000 account and you reach an equity of $93,0000 your account will be terminated.
The $7,000 accumulated loss is based on your start-up capital size which is your intial/start-up BALANCE. This makes your drawdown "BALANCE BASED".
Draw-down reset is not functional in this account as there are "NO DAILY DRAW-DOWN LIMITS".
Reset time is 5pm EST.
In Live Account, if a trader made certain profits and violates the account afterwards. The account is shut down and no payouts from such account.
Yes, "Stop Loss" is 100% mandatory. It serves as a productive measure based on this funding model.
Inability to use StopLoss in any position is outright violation. No warning strikes.
Ensure, you put StopLoss in a position within 2 minutes you execute the position.
Yes, the maximum risk per position is 1.15%.
This is also applicable to asset. If you have 5 XAGUSD positions running, you are only risking 1.15% of your start-up capital.
Floating/Closure of accumulated losses higher than 1.15% of same asset or a postiton is outright violation.
No,there are no restrictions in Position sizing. you can place any number of others with any lot size as allowed by the trading account.
No. Account Reset is NOT active on this account. If you are below 7% after 30 calendar days, your account is violated. At violation traders are allow to repurchase at a discounted price. Refinance option is not available. If a trader, at any point wishes to RESTART account (at 30% discount) for same package or a higher package, then forward your request to Support
No, it is not permissible to copy trades from any source.
No, it is not acceptable.
Yes, it is NOT allowed.
No, they are NOT allowed.
No, they are NOT allowed.
You can buy as much accounts as you wish to have at Evaluation Stage to a total of $500,000 Capital size.
Yes, we merge accounts.
You add more accounts if you have hit $500,000 cap only if some of your accounts have enter "FUNDED" stage.
Yes
"Max Capital" per account is $500,000 and the overall total funding per trader is $8 million.
At 10% profits made in a FUNDED account, trader is eligibe for 100% Account Scaling.
E.g. If FUNDED account size is $100,000 and trader accumulated profits over 8 weeks is $10,000 Trader New starting Capital size will become $200,000
Yes
Hedging is allowed within an account (Single account).
Hedging is not allowed across accounts
Hedging across accounts occurs when you have more than 1 account with us at same time. Placing a BUY position in one account and placing a SELL position simultaneously in the second account. Trades of same asset/trading pair.
No, but at the same time, we do not condole malicious trading activities. High Frequency trading is PROHIBITED.
Yes, there is.
This is solely determined by the RISK TEAM during Evaluation of Account at Profit Target Hit. The judgement is Final and irreversible.
Yes
Yes
Yes.
Prospero Markets.
Metatrader 4
No.
Our accounts are Commission free.
No, you are not permitted to reset trading password, if you experience any breach, contact support
No, you are not allowed to create investor password. doing so, is loosing the account outrightly
You can trade the maximum position size allowed by the margin available on your trading account. No restrictions.
You can quickly reach out to us on our Live chat on the website, on Instagram and send a mail to support@tradewithgeorgefx.com
1 Pall Mall East, London, SWIY 5AU