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Funded/Live Accounts
FUNDED/LIVE ACCOUNTS
1. What are the rules for the Funded Account?
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no profit target.
2.If I have a hard breach in my Funded Account and there are gains in the account, do I forfeit those gains?
If you have gains in your funded account at the time of a hard breach, you will still receive your portion of those gains. For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains in your funded account, you would be paid your portion thereof.
3. Am I subject to any position limits?
The maximum position that you may open is determined by your available margin. We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the Broker reserve the right to refuse to accept any order.
4. Do we manipulate the pricing or executions you receive in your Funded Account?
No. We do not have any control over pricing from the liquidity provider or on the executions on your trades.
5.How do I withdraw the gains in my Funded Account?
Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make gain in your funded account, you can request a withdrawal. When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you. We reserve the right to change the withdrawal methods and options at any time.