Description: This account is designed specifically for trading in synthetic markets, offering traders the opportunity to practice and trade in a simulated environment with realistic market conditions.
Phases:
- Challenge Phase:
- Profit Target: 10%
- Minimum Trading Days: 5
- Maximum Trading Days: 60
- Max Daily Loss: 4%
- Max Overall Loss: 8%
- Leverage: 1:50
- Server : Demo
- Funding Phase:
- Once the Challenge phase is completed, traders receive a funded account where they can start withdrawing profits.
- Profit Share: 80%
- Max Daily Loss: 5%
- Max Overall Loss: 10%
- Leverage: 1:50
- Server Real
Payout Period:
Payments are made monthly once the trader starts trading with the funded account.
It is important to note that in order to make a withdrawal you must have completed at least 5 trading days and 2% ROI
Term of Profit Share
FXLIVECAPITAL allows a 10% maximun profit per month
The profit Share is considered from the 10% (maximun profit) or from the total profit in case you dont reach a 10%.
The review process of your withdraw may take up to 72 hours. In any resolution case you will be informed via email with the Next Step Info.
At least the 80% of the trades should last for atleast 3 minutes.
Otherwise the account will be disqualified.
Prohibited Trading Rules
Over-exposure
Martingale strategy
No HFT
Grid trading ( allowed with Conditions** )
Tick scalping
Group Trading ( opposite pos )
Performing arbitrage (of any kind)
Copy trading from external account
Third party account management
Opening positions with sizes that are noticeably
larger or smaller than others trade average
Commun IPs from different user
Inconsistencies in trading patterns
Taking advantage of system errors, bugs,
or vulnerabilities.
Trades with less than 3 minutes ( up to 30%)
Grid trading is permitted with up to six (6) concurrent positions, provided the cumulative price deviation from the initial entry does not exceed 0.3%."