General FAQ’s

• A Soft Breach means that we will close all trades that have violated the rule(s). However, a soft breach allows you to continue trading on your assessment phase or proceed with your funded account if you have already passed the challenge.

• A Hard Breach occurs when you violate either the daily loss limit or the maximum trailing drawdown rule. Violating one or both of these rules will result in a hard breach, meaning you will fail the assessment phase, or your funded trading account will be terminated.

• The equivalent of 1 lot for different trading contracts is as follows:

  • Forex: 1 lot = $100,000 notional
  • Index: 1 lot = 1 contract (e.g., SPX500 – 1 lot = 10 contracts)
  • Cryptos: 1 lot = 1 coin
  • Silver: 1 lot = 5,000 ounces
  • Gold: 1 lot = 100 ounces
  • Oil: 1 lot = 100 barrels

The maximum lots available to a trader across all pairs at any given time depend on the account size purchased:

• $10,000 – 4 lots with risk
• $25,000 – 10 lots with risk
• $50,000 – 20 lots with risk
• $100,000 – 40 lots with risk
• $250,000 – 100 lots with risk
• $500,000 – 200 lots with risk
• $1,000,000 – 400 lots with risk

Example:
If you are trading on a $100,000 account and enter a long position in EUR/USD with 20 lots at a price of 1.2000 and a stop loss at 1.1800, you have 20 lots placed with risk, leaving 20 lots remaining. If the price moves up and you place your stop loss at 1.2000, you no longer have risk on your trade. Consequently, you would then have 40 lots available to trade, in addition to the 20 lots already open.

Important Notes:

• If too many trades are placed with risk, our system may liquidate all trades currently at risk.
• Margin and leverage requirements apply, which may prevent trading up to the maximum lots.

The inactivity rule ensures your account remains active. Traders must place at least one trade within a 30-day period.

Failure to do so will result in your account becoming inactive, leading to a breach.

Our assessment accounts are equipped with built-in technology that allows us to analyze your performance in real-time. This technology monitors achievements and breaches, so you must use the account provided by us.

The platforms currently available for traders are:

• MatchTrader
• Platform4
• Platform5

The available products for trading are:

• FX pairs
• CFD Indices
• Metals
• Cryptocurrencies

For a full product list, please contact our support team.

The leverage is as follows:

Classic Challenge

Indices – 1:10

Metals – 1:18

Forex – 1:60

Crypto – 1:2

Traders Choice Challenge

Indices – 1:10

Metals – 1:18

Forex – 1:100

Crypto – 1:2

We do not control trading hours. You can view the trading hours for each product by right-clicking on any product in the Market Watch window of your platform and selecting Specifications from the dropdown menu.

Note: Holidays may impact trading hours. Additionally, per the “no holding trades over the weekend” rule, we close all open trades at 3:45 PM EST on Fridays.

The Daily Drawdown limit for accounts is calculated based on the previous day’s balance at 5 PM EST. Please review individual account rules for specific details.

Matchtrader commission (Per Lot)

Forex – $7 per lot
Metals – $7 per lot
Indices – $0
Crypto – $0

Yes, Expert Advisors are allowed. However, the following software types are prohibited:

• Martingale systems
• High-Frequency Trading (HFT)
• Tick scalping
• Arbitrage strategies
• Any malicious software designed to exploit the funding process

Using unauthorized or exploitative software may result in account termination.

No. Malicious trading practices are strictly prohibited, including but not limited to:

• Exploiting errors or latency in pricing/platforms
• Using non-public or insider information
• Front-running trades placed elsewhere
• Trading in ways that jeopardize broker relationships or cause regulatory issues
• Using third-party or off-the-shelf strategies marketed for passing assessments
• Using an EA for the assessment and then manual trading in a funded account

Note: Off-the-shelf EAs marketed for passing challenges are not representative of profitable trading and are classified as malicious practices.

If found engaging in malicious practices, your account will be terminated, and you will be blacklisted from the program. Refunds will not be issued.

When trading on a funded account, you are treated as an independent contractor. You are responsible for all taxes on your profit share. We do not provide tax advice.

The following strategies are prohibited, whether automated or manual:

• Martingale: Includes all forms, such as smooth Martingale or DCA.
• Grid Trading: Includes placing limits on either side of price and increasing limits in the opposite direction.
• Arbitrage: Manual arbitrage is not allowed.
• Tick Scalping: Tick scalping or high-frequency trading is prohibited.
• Any other malicious strategies designed to exploit the funding process.

Yes, you can copy trades from any of your accounts, including external accounts. However, the source account must be in your name. Copying trades from third parties is prohibited and will result in a breach of contract.

You must be at least 18 years of age to purchase an assessment.

The Auto-Close feature automatically closes all trades once you hit the profit target during the challenge phases. This ensures smooth progression to the next stage.

Note: MetaQuotes may take up to 7 seconds to send data back to our systems. Trades must remain above the profit target during this time to trigger the auto-close.

We utilise external parties to issue trader agreements and process withdrawals. Upon passing your assessment phase with us, you will receive an email from our partner with details on how to access and complete your trader agreement.

Once this agreement is completed and signed, and your ‘Know You Customer (KYC)’ documents have been provided, your funded account will be created, funded and your account details issued to you typically within 72 hours, although this may take longer in some circumstances.

Charting is displayed using TradingView’s technology, a platform, which offers tools and data for comprehensive market research: here, you can track the latest events in the Economic calendar, watch live prices, and much more.