Preguntas frecuentes

¿Por qué tengo que hacer un pago único?

Solicitamos un pago por cada evaluación práctica como compromiso financiero para evitar que los candidatos abra múltiples evaluaciones practicas con la intención de aumentar sus probabilidades de éxito mediante la aleatorización, sobrecargando nuestros recursos. También nos ayuda a compensar el riesgo de invertir en talentos emergentes sin un historial a medio o largo plazo.

¿Puedo hacer la evaluación práctica en mi propio broker?

No, la evaluación y gestión real debe tener lugar en el mismo broker y con condiciones de ejecución idénticas.

¿Necesito lograr un aumento del 10% de balance o de capital?

The practical assessment is automatically approved when your equity increases by 10%, meaning that the challenge will end successfully before you have the chance of closing your last winning trades.

¿Cómo se calcula la pérdida máxima?

The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE - NOT equity!) your account until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility as you have proven yourself as a profitable trader and can now freely compound an account.

Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.

How is the maximum daily loss calculated?

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account.

Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. ‍If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.

Can I trade without stop-loss orders?

Yes, you can trade without stop-loss orders.

Can I hold positions over the weekends?

Yes, you can carry trades over the weekend.

Can I hold trades overnight?

Yes, trades can be held overnight.

Once I pass the assessment am I provided with a demo or live account?

Once you pass the Assessment, we provide you with a live account, funded with real capital.

How long does it take to receive my funded account?

Upon passing your Assessment, you will receive an email from us with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting KYC documents provided, your Funded account will be created, funded and issued to you typically within 24-48 business hours.

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 cap on the gains you can generate.

¿Qué es un “high watermark performance fee”?

A high water mark, is a common approach to the calculation of performance fees. It means that performance fees are only paid on any new gains made in the account. Thus creating an aligned interest enviroment between us. The equity at the time of the withdrawal is saved as the next water mark.

¿Cómo y cuándo cobro mi 75% de “performance fee”?

When you are ready to withdraw your gains, please send an email to our support email with the amount you would like to withdraw. We will then post your gains into your Deel account, which you can withdraw via any of the available methods they offer.

Is there a way to increase my share of the gains?

Yes, indeed. If you fully trust your abilities you can purchase an affordable add-on with your practical assessment, in order to earn 90% of the gains of your funded account.

When can I withdraw gains from my Funded account?

You can withdrawal your gains at any time, once per calendar month. At the time of any withdrawal request, we will also withdraw our share of the gains made, as well. Once you request a withdrawal, your maximum trailing drawdown will be set at your starting balance.

¿Cuántas operaciones simultáneas puedo tener en la cuenta?

You can have up to 400 concurrent trades in the account.

¿Necesito seguir las reglas NFA/FIFO en la cuenta?

No, no hace falta. Ni siquiera si vive en Estados Unidos. Se permite hacer hedging en la cuenta.

¿Puedo utilizar indicadores y robots para operar?

Yes. We aren’t bothered so much with things like which strategy you’re using or what individual trading style you have, or how fast it generates gains. The only thing we really care most about is that you are deploying good risk management practices.

Are there limits to the capital a single trader can have?

We do not limit the capital that we extend traders.

¿Existe alguna penalización por inactividad?

Yes. Please don't stay inactive for over 30 days.

¿Puedo operar desde mi teléfono móvil?

Yes, the broker offers an app for both the iOS and Android platforms.

Can I trade during news?

Yes, you can trade during news.

¿Existe algún coste fijo o algún otro coste adicional?

No, ninguno.

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 in your country of residence.

How long does it take to receive my funded account?

We work with a company called Deel to issue trader agreements and process withdrawals of gains. Upon passing the assessment, you will receive an email from Deel with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting KYC documents provided, your live account will be created, funded and issued to you typically within 24-48 business hours.

If I have a hard breach in my funded account and there are gains, do I forfeit those gains?

No, you do not. 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, you would be paid your 75% portion ($7,500).

¿Está regulada esta actividad?

No, no es necesario. Somos una firma privada y nuestros fondos se encuentran custodiados por brokers regulados y con buena reputación. Usted operará fondos de nuestra firma y cobrará comisiones según la bondad de sus resultados. No somos asesores financieros, no ofrecemos asesoramiento personalizado de ningún tipo y no buscamos inversores ni aceptamos capital externo. Tampoco ofrecemos servicios de brokerage ni custodiamos fondos de terceros.

¿Puedo participar sin importar mi país de residencia?

Absolutely! We welcome traders from all over the world, excluding only traders from OFAC listed countries.