We understand that you've decided to use HFT and we respect that, but you must take into consideration that the rules and profit share will not be the same, as we need to protect ourselves. Below, you'll find the rules that will apply to you if HFT was used during the evaluation. If you comply with them, you’ll be able to withdraw without any issues.
Rules:
1. Notify the following email [email protected] that you used HFT during your evaluation before you start trading on the funded account.
2. Do not leave trades open over the weekend.
3. Do not trade news 3 minutes before or 3 minutes after.
4. Each trade must last at least 5 minutes.
5. 30% rule: None of your trades should account for more than 30% of the total profit of the account or the period.
6. Maximum of 4 trades per day.
7. Consistency Rule: Please read below carefully how it works.
At the time of the payout review, we calculate this rule by considering the first trade opened on your account and the size of that trade to establish a trade size range. This range is determined by adding 30% to the average trade size to set the maximum value and subtracting 30% to set the minimum value. Additionally, trades must fall within a specific deviation percentage from your average trade size to be considered consistent with your strategy. For example, if your average trade size was 20 lots and the allowed deviation percentage is 30%, then trades ranging between 14 and 26 lots are considered consistent with your strategy.
This consistency calculation is performed at the time of your payout request and applies specifically to the funded stage, targeting traders who passed the challenge using HFT robots.
Moreover, we must specify that your lot size consistency is based on the trades you open within a 3-minute window. In other words, if you open 2 trades totaling 20 standard lots within 3 minutes, your consistency will be considered as 20 lots.
Trade Size Consistency Rule:
During the payout review, our goal is to ensure that your trades fall within a reasonable and consistent range aligned with your trading strategy. We use the following formula to calculate this range:
Maximum trade size (Max lot size) = Trade size + 30% of the trade size
Minimum trade size (Min lot size) = Trade size - 30% of the trade size
Additionally, we define an allowed deviation percentage to ensure that trades do not fall too far outside of the range. This deviation percentage is applied to the trade size and is used to set upper and lower bounds for acceptable trade sizes.
Example:
Suppose the average trade size on your account is 20 lots, and the allowed deviation percentage is 30%.
Maximum lot size = 20 lots + (30% * 20 lots) = 20 lots + 6 lots = 26 lots
Minimum lot size = 20 lots - (30% * 20 lots) = 20 lots - 6 lots = 14 lots
This means that any trade size between 14 and 26 lots is considered consistent with your strategy.
Please note: If the Consistency Rule is violated, the total or partial reduction of profits will be determined by the company, with no possibility of complaint or refund.
8. Profit Split:
1st Payout:
21 calendar days
7 minimum trading days
50% profit split
5% profit cap
2nd Payout:
21 calendar days
5 minimum trading days
60% profit split
5% profit cap
3rd Payout:
14 calendar days
5 minimum trading days
90% profit split
5% profit cap