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General Questions
GENERAL QUESTIONS
1. Can I use an Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
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. Can I trade during News Events?
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
6. Do I have to use one of your accounts for the Assessment or can I use my own?
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
7. Do your accounts charge commissions?
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
8. 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.
9. 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"
10. What Countries are accepted?
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program, unless otherwise limited at the Company’s discretion.
11. What is the leverage?
We offer up to 20:1 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.
12. What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
· Exploiting errors or latency in the pricing and/or platform(s) provided by the Liquidity Provider;
· Utilizing non-public and/or insider information;
· Front-running of trades placed elsewhere;
· Trading in any way that jeopardizes the relationship that the Company has with a Liquidity Provider or may result in the canceling of trades;
· Trading in any way that creates regulatory issues for the Liquidity Provider;
· Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts;
· Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion;
· Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion;
· Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event;
· If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account;
· Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms- and-policies/?v=3acf83834396
13. What Platform can I trade on?
Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade and with Platforms 4/5 via InterTrader.
14. 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.
15. 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.
16. Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays. Please note if a holiday falls on a Friday and the markets are closed, the trader is responsible for closing positions before the markets close on the prior Thursday.
