Fair and square rules
TARGET
10% target
profit
Make 10% profit and qualify for a funded account.
SEE EXAMPLE
If your starting balance is $100,000, you need to reach $110,000 (10%) of equity to qualify or scale.
LIMIT
10% max trailing loss
Your equity can't fall by more than 10% of your staring of your high water mark.
SEE EXAMPLE
If your account balance reaches a high watermark of $101,000, your equity can't fall below $91,000 (10% of your starting balance).
LIMIT
5% max
daily loss
Your equity can't fall below 5% of your previous EOD balance.
SEE EXAMPLE
On a $100,000 account, if your EOD Balance yesterday was $102,000, your equity today can't go below $96,900 (5%).
CONDITION
No time
limits
Take as long as you need or pass as fast as you can.
SEE EXAMPLE
You have no minimum or maximum trading days to pass. You can pass the assessment in a day, or in 3 months, as long as you trade at least once in 30 days.
CONDITION
One-stage
assessment
Prove yourself once and get funded. No recurring fees and hidden rules.
SEE EXAMPLE
After you pass the assessment, you will go straight to a funded account. No other steps or fees.
CONDITION
Max lot
sizes
Trade lot sizes proportional to your account size and leverage.
SEE EXAMPLE
If you have a $100,000 account with 10:1 leverage, you can open a maximum of 10 lots at any given time. If any position becomes profitable, you can secure those profits with a SL at break-even or profit and they no longer contribute to your max lot allowance.
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Step-by-step articles
Frequently asked questions
1Which broker do you use?
A Swedish broker for a Swedish prop firm. We use Scandinavian Capital Markets, a pure ECN/STP broker from Stockholm, Sweden.
2Which platform can I use?
Our accounts are only available in MetaTrader4 at the moment.
3Why do I need to pay a fee to join?
A fee exists for two reasons:
1) It ensures traders will take their tests seriously, as they will risk an average of 1% of the capital they are applying for. Without a fee, unfortunately a lot traders would not take it seriously and we would be funding unqualified traders.
2) Risk management. We have a lot of risk when funding live accounts, the fees help us offset that risk and deliver real accounts with real conditions to the traders that qualify.
4Indicators & EAs
EA's, Copy Traders, Scripts, and Indicators are all allowed.