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FAQ: Instant Funding
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General Questions
GENERAL QUESTIONS
1. What is the Instant Funding Plan?
The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.
2. How are taxes handled?
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.
3. How will I see the charge on my Statement?
Charges come across in the name of
dashboardanalytix.com
4. What is the minimum age I must be to be part of your program?
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
5. Do your accounts charge commissions?
Instant Funded Accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
6. How are affiliates credited?
Affiliates are credited for referrals when a user creates an account using a link or discount code provided by the Affiliate.
7. What are the trading hours?
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over the trading hours. You can see the trading hours for each product by using the following methods:
DXtrade
– Right click symbol, select “Instrument Info”
MatchTrader
– Click symbol to expand, select “Info”
cTrader
– Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Platform 4/5
- Right click symbol, select "Specification"
8. What Countries are accepted?
Instant Funding plans are prohibited for US domiciled customers. Subject to compliance with applicable laws and regulations, traders from all other countries, excluding OFAC listed countries, can take part in our program, unless otherwise limited at the Company’s discretion.
9. What is the leverage?
We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies.
11. What products can I trade?
You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.
12. Where do I track the progress of my account?
Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
13. What brokers/liquidity providers do you use?
We utilize an aggregate source of pricing and liquidity from multiple brokers and liquidity providers. The current liquidity providers use a number of different tier 1 banks, prime brokers, market makers and other liquidity sources to derive their pricing, and those underlying liquidity providers change constantly. Aggregating liquidity providers while maintaining multiple sources of liquidity allows us to provide competitive pricing and execution, while reducing reliance on a sole liquidity provider. All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers. Please note that the composition of liquidity providers may vary depending on the trading platform.