Synthetics Funding
Proprietary capital for Volatility Indices traders. Real evaluation models, trailing drawdown metrics and quant consistency rules. Derived from exchange-level synthetic data.
Synthetics Challenge Products
Synthetic indices only | volatility pairs (Rise/Fall) | transparent quantitative rules
2 Stage Evaluation Agreement
The Fairest 2-Stage Demo Challenge in History
Welcome to the most transparent and equitable 2-stage synthetic demo challenge available. With profit targets of 10% in the first phase and 5% in the second phase, we promise no broker tricks, zero spreads, and no slippage.
The Synthetic Challenge is fully backed by the Liquid Markets network fund, which has a 12-year history of providing private funding for proprietary firms and exchange dealers.
Winners will receive a Nitro risk-managed STP broker account funded by non-winning challenge fees, covering any drawdowns while utilizing network funds to provide the necessary margin. Once the account is funded, we have no interest or control over the broker's STP, ECN, or liquidity providers. This ensures no conflict of interest and that we derive no benefit from your failure. Our evaluation parameters are designed to correlate closely with real market success, allowing the best traders to win. Thanks to this arrangement, we maintain the lowest possible fees.
After the first 30 days of trading on the real account, traders can request payouts directly from the broker.
We offer raw spreads, unlimited trading time, and access to metals, indices, and cryptocurrencies. We invite you to explore the market and become our fund manager.
---
TRADING RULES
Welcome to Liquid Markets. The Company provides you ("you" or the "Trader") with a limited license to use the services ("the Services") offered by the Company, subject to the terms and conditions contained herein ("the Agreement").
This Agreement is a legally binding contract. You have a duty to read this Agreement before accessing the Services. By using the Services, you agree to the terms and conditions contained within this Agreement.
The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time at its sole discretion. Your continued use of the Services after any changes will constitute your agreement to the modified terms.
---
Minimum Trading Days
A minimum of 5 trading days is required for each phase of evaluation. You have ample time to achieve your target and progress to the next phase, so take it slow and practice good risk management.
A Minimum Trading Day is counted when the profits or losses at the end of the day meet a specific threshold, defined as 0.5% of your account balance. For example, if your initial account balance is $10,000, your profit or loss at the end of the day must be at least ±0.5%, equivalent to ±$50. This means if you make $100 or more in profit, or incur $50 or more in losses, that day will be considered a trading day. Conversely, if your profit or loss is less than $50, the day will not count as a trading day.
---
The Evaluation Process
The Synthetic challenge is a 2-stage evaluation account. Both phases must be successfully completed by achieving the required targets for each stage. The list of available markets or products may be updated based on margin availability, leverage, liquidity, and other factors. Updates will not apply to traders who have already purchased the product before changes are made.
- First Phase: A profit target of 8% with no rule breaches must be achieved before proceeding to the second phase. There is no time limit for this phase.
- Second Phase: A profit target of 5% with no rule breaches must be achieved to qualify for a Nitro account. This phase also has no time limit.
---
Evaluation Requests
You can request an evaluation of your trading at any time by contacting [email protected] or through the FXDashboard. We are not obligated to perform an evaluation if you have open trades.
---
Final Evaluation Activation
You must activate your Final Evaluation or simulated account using the login details provided to you. If you do not activate within 30 days of receiving your login details, your access will be suspended. You can request to renew access within 6 months of suspension through the FXDashboard or by emailing [email protected]. After 6 months without renewal, services will be terminated without a refund.
---
Markets
Liquid 100 allows you to trade major, minor, and exotic currency pairs, metals, and indices, with over 400 available markets.
---
Expert Advisers & Robot Usage
You may use Expert Advisors (EAs) as long as they are not employed in the following ways:
- Copy trading of other persons' signals
- Tick scalping
- Hedging
- Stacking
- Martingale
- Latency arbitrage trading
- Reverse arbitrage trading
- Hedge arbitrage trading
- Any use of emulators
Using EAs in violation of these rules will result in account cancellation and forfeiture of any fees.
---
Funded Account
Traders can receive up to 90% of profits. For the first withdrawal, traders will receive a 60% split plus a 100% fee refund. Subsequent withdrawals will grant an 80% share, increasing to up to 90%.
For the first month after receiving a real Nitro account, a stop loss must be used two minutes after executing a trade. No more than 1% of the account size should be risked per position. If there are multiple open positions on one or more pairs at the same time, the total of all positions will be counted as one. The payout schedule is after 14 days and 5 days for senior traders. For the first payout, traders must trade for 30 days on Nitro to enter the normal payout days.
---
Getting Paid
If you have reached your profit-split event, congratulations! Please contact us by sending your request to [email protected]. You can request your payout using any available method, such as bank transfer or cryptocurrency, provided you used the same method and wallet.
---
Drawdown Rules
For this 2-stage evaluation plan, customers must not lose more than 5% of the initial account size in a single day, with a maximum drawdown of 8%, including fees and swaps. Daily drawdown limits reset at 5 PM EST. Daily drawdown is calculated based on the equity% which means open position limit of 5% of either current balance or yesterday's balance whichever is higher.
Here is an example
Daily Drawdown Calculation
1. Yesterday's Balance: $9,500 after some loss
2. Today's Balance: $10,500 after making a profit of $1000
You can see today's balance is higher than yesterday's closing balance,
To determine your daily risk limit:
1. Calculate 5% of Today's Balance:
- 5% of $10,500 = $10,500 × 0.05 = -$525
so daily risk limit is -$525
2. Determine Your Risk Limit:
Subtract the 5% from current balance:
$10,500 - $525 = $9,975
You should not let your equity drop below $9,975 to stay within your daily risk limit of 5%.
---
Account Size Maintenance
Customers must maintain their account balance above 92% of the initial size for evaluation plans, accounting for all positions, fees, and swaps.
---
Resets
If you breach any of the rules, you are entitled to a 20% discount to reset your account. Note that this does not apply to any current promotions offering discounted prices.
---
Refund Policy
All traders who pass Phase 1 and Phase 2 will receive a refund of their fees upon reaching their first profit-split event at the end of the first month on their live trading account. The signup fee is non-refundable if trading has begun or if the customer breaches the agreement or terms and conditions.
Refund Request Process:
- Customers must email their refund requests to [email protected] within the specified time frame.
- The firm will acknowledge receipt of the request promptly.
Refund Payment:
- Refunds will be processed without unnecessary delay, no later than 7 days after the contract is withdrawn.
- Refunds will be issued using the same payment method as the original payment.
- A Refund Processing Fee of 5% of the refunded amount may be deducted from the refund.
---
Trading Behavior
A. No cheating is allowed. This includes any trading on demo accounts that wouldn’t be profitable in real markets or isn’t possible under real market conditions.
- Practices such as exploiting delayed feeds, high-frequency trading (HFT) strategies, gap trading, latency arbitrage, long-short arbitrage, and reverse arbitrage are forbidden.
- Trading that takes advantage of MetaTrader's inefficiencies is not permitted.
---
Unauthorized Trading Measures:
If your trading strategy is deemed risky, we may need to reduce your risk by lowering your leverage or profit share. Risky practices include over-leveraging, overexposure, account rolling, gambling, one-sided bets, and third-party account management or copy trading. We may remove any violating transactions from your trading history and disregard their results in profit or loss calculations.
---
Enhanced Due Diligence (EDD) Measures:
When a higher risk is identified in a business relationship or transaction, we may apply more thorough checks beyond standard Customer Due Diligence (CDD). This may involve:
- Requesting additional documents to confirm your identity.
- Conducting a detailed conversation, possibly including a video call, to better understand you and confirm your intentions.
- Closely monitoring your trading activities to ensure compliance with our rules and risk limits.
---
Know Your Customer (KYC) Procedures:
Customers must not use trading strategies that exploit mistakes in service, such as wrong prices or slow updates. This includes latency trading and trading with outdated or slow information. Cooperation with others to manipulate trading through connected accounts is prohibited.
---
Unauthorized Trading Activities:
Participants are prohibited from engaging in trading activities forbidden by the Firm or its associated brokers, including:
- Taking advantage of mistakes or delays in the broker's pricing or trading platforms.
- Executing trades in advance of orders placed elsewhere (front-running).
- Trading in a manner that could harm the Company’s relationship with a broker or lead to trade cancellations.
---
Consequences of Unauthorized Trading:
- Non-Compliance: Engaging in unauthorized practices may be flagged as a breach of the challenge terms.
- Transaction Removal: Violating transactions may be removed from your trading history.
- Service Termination: The firm reserves the right to terminate services and agreements with the customer.
---
Participation Termination
If unauthorized trading activities are detected, your participation will end, which could result in the loss of any fees paid. Prior to receiving a funded account, we will review your trading to ensure it aligns with our rules.
---
Company's Discretionary Rights
We reserve the right to deny any trader entry into our program for any reason deemed necessary.
---
2 Stage Evaluation Agreement
The Fairest 2-Stage Demo Challenge in History
Welcome to the most transparent and equitable 2-stage synthetic demo challenge available. With profit targets of 10% in the first phase and 5% in the second phase, we promise no broker tricks, zero spreads, and no slippage.
The Synthetic Challenge is fully backed by the Liquid Markets network fund, which has a 12-year history of providing private funding for proprietary firms and exchange dealers.
Winners will receive a Nitro risk-managed STP broker account funded by non-winning challenge fees, covering any drawdowns while utilizing network funds to provide the necessary margin. Once the account is funded, we have no interest or control over the broker's STP, ECN, or liquidity providers. This ensures no conflict of interest and that we derive no benefit from your failure. Our evaluation parameters are designed to correlate closely with real market success, allowing the best traders to win. Thanks to this arrangement, we maintain the lowest possible fees.
After the first 30 days of trading on the real account, traders can request payouts directly from the broker.
We offer raw spreads, unlimited trading time, and access to metals, indices, and cryptocurrencies. We invite you to explore the market and become our fund manager.
---
TRADING RULES
Welcome to Liquid Markets. The Company provides you ("you" or the "Trader") with a limited license to use the services ("the Services") offered by the Company, subject to the terms and conditions contained herein ("the Agreement").
This Agreement is a legally binding contract. You have a duty to read this Agreement before accessing the Services. By using the Services, you agree to the terms and conditions contained within this Agreement.
The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time at its sole discretion. Your continued use of the Services after any changes will constitute your agreement to the modified terms.
---
Minimum Trading Days
A minimum of 5 trading days is required for each phase of evaluation. You have ample time to achieve your target and progress to the next phase, so take it slow and practice good risk management.
A Minimum Trading Day is counted when the profits or losses at the end of the day meet a specific threshold, defined as 0.5% of your account balance. For example, if your initial account balance is $10,000, your profit or loss at the end of the day must be at least ±0.5%, equivalent to ±$50. This means if you make $100 or more in profit, or incur $50 or more in losses, that day will be considered a trading day. Conversely, if your profit or loss is less than $50, the day will not count as a trading day.
---
The Evaluation Process
The Synthetic challenge is a 2-stage evaluation account. Both phases must be successfully completed by achieving the required targets for each stage. The list of available markets or products may be updated based on margin availability, leverage, liquidity, and other factors. Updates will not apply to traders who have already purchased the product before changes are made.
- First Phase: A profit target of 8% with no rule breaches must be achieved before proceeding to the second phase. There is no time limit for this phase.
- Second Phase: A profit target of 5% with no rule breaches must be achieved to qualify for a Nitro account. This phase also has no time limit.
---
Evaluation Requests
You can request an evaluation of your trading at any time by contacting [email protected] or through the FXDashboard. We are not obligated to perform an evaluation if you have open trades.
---
Final Evaluation Activation
You must activate your Final Evaluation or simulated account using the login details provided to you. If you do not activate within 30 days of receiving your login details, your access will be suspended. You can request to renew access within 6 months of suspension through the FXDashboard or by emailing [email protected]. After 6 months without renewal, services will be terminated without a refund.
---
Markets
Liquid 100 allows you to trade major, minor, and exotic currency pairs, metals, and indices, with over 400 available markets.
---
Expert Advisers & Robot Usage
You may use Expert Advisors (EAs) as long as they are not employed in the following ways:
- Copy trading of other persons' signals
- Tick scalping
- Hedging
- Stacking
- Martingale
- Latency arbitrage trading
- Reverse arbitrage trading
- Hedge arbitrage trading
- Any use of emulators
Using EAs in violation of these rules will result in account cancellation and forfeiture of any fees.
---
Funded Account
Traders can receive up to 90% of profits. For the first withdrawal, traders will receive a 60% split plus a 100% fee refund. Subsequent withdrawals will grant an 80% share, increasing to up to 90%.
For the first month after receiving a real Nitro account, a stop loss must be used two minutes after executing a trade. No more than 1% of the account size should be risked per position. If there are multiple open positions on one or more pairs at the same time, the total of all positions will be counted as one. The payout schedule is after 14 days and 5 days for senior traders. For the first payout, traders must trade for 30 days on Nitro to enter the normal payout days.
---
Getting Paid
If you have reached your profit-split event, congratulations! Please contact us by sending your request to [email protected]. You can request your payout using any available method, such as bank transfer or cryptocurrency, provided you used the same method and wallet.
---
Drawdown Rules
For this 2-stage evaluation plan, customers must not lose more than 5% of the initial account size in a single day, with a maximum drawdown of 8%, including fees and swaps. Daily drawdown limits reset at 5 PM EST. Daily drawdown is calculated based on the equity% which means open position limit of 5% of either current balance or yesterday's balance whichever is higher.
Here is an example
Daily Drawdown Calculation
1. Yesterday's Balance: $9,500 after some loss
2. Today's Balance: $10,500 after making a profit of $1000
You can see today's balance is higher than yesterday's closing balance,
To determine your daily risk limit:
1. Calculate 5% of Today's Balance:
- 5% of $10,500 = $10,500 × 0.05 = -$525
so daily risk limit is -$525
2. Determine Your Risk Limit:
Subtract the 5% from current balance:
$10,500 - $525 = $9,975
You should not let your equity drop below $9,975 to stay within your daily risk limit of 5%.
---
Account Size Maintenance
Customers must maintain their account balance above 92% of the initial size for evaluation plans, accounting for all positions, fees, and swaps.
---
Resets
If you breach any of the rules, you are entitled to a 20% discount to reset your account. Note that this does not apply to any current promotions offering discounted prices.
---
Refund Policy
All traders who pass Phase 1 and Phase 2 will receive a refund of their fees upon reaching their first profit-split event at the end of the first month on their live trading account. The signup fee is non-refundable if trading has begun or if the customer breaches the agreement or terms and conditions.
Refund Request Process:
- Customers must email their refund requests to [email protected] within the specified time frame.
- The firm will acknowledge receipt of the request promptly.
Refund Payment:
- Refunds will be processed without unnecessary delay, no later than 7 days after the contract is withdrawn.
- Refunds will be issued using the same payment method as the original payment.
- A Refund Processing Fee of 5% of the refunded amount may be deducted from the refund.
---
Trading Behavior
A. No cheating is allowed. This includes any trading on demo accounts that wouldn’t be profitable in real markets or isn’t possible under real market conditions.
- Practices such as exploiting delayed feeds, high-frequency trading (HFT) strategies, gap trading, latency arbitrage, long-short arbitrage, and reverse arbitrage are forbidden.
- Trading that takes advantage of MetaTrader's inefficiencies is not permitted.
---
Unauthorized Trading Measures:
If your trading strategy is deemed risky, we may need to reduce your risk by lowering your leverage or profit share. Risky practices include over-leveraging, overexposure, account rolling, gambling, one-sided bets, and third-party account management or copy trading. We may remove any violating transactions from your trading history and disregard their results in profit or loss calculations.
---
Enhanced Due Diligence (EDD) Measures:
When a higher risk is identified in a business relationship or transaction, we may apply more thorough checks beyond standard Customer Due Diligence (CDD). This may involve:
- Requesting additional documents to confirm your identity.
- Conducting a detailed conversation, possibly including a video call, to better understand you and confirm your intentions.
- Closely monitoring your trading activities to ensure compliance with our rules and risk limits.
---
Know Your Customer (KYC) Procedures:
Customers must not use trading strategies that exploit mistakes in service, such as wrong prices or slow updates. This includes latency trading and trading with outdated or slow information. Cooperation with others to manipulate trading through connected accounts is prohibited.
---
Unauthorized Trading Activities:
Participants are prohibited from engaging in trading activities forbidden by the Firm or its associated brokers, including:
- Taking advantage of mistakes or delays in the broker's pricing or trading platforms.
- Executing trades in advance of orders placed elsewhere (front-running).
- Trading in a manner that could harm the Company’s relationship with a broker or lead to trade cancellations.
---
Consequences of Unauthorized Trading:
- Non-Compliance: Engaging in unauthorized practices may be flagged as a breach of the challenge terms.
- Transaction Removal: Violating transactions may be removed from your trading history.
- Service Termination: The firm reserves the right to terminate services and agreements with the customer.
---
Participation Termination
If unauthorized trading activities are detected, your participation will end, which could result in the loss of any fees paid. Prior to receiving a funded account, we will review your trading to ensure it aligns with our rules.
---
Company's Discretionary Rights
We reserve the right to deny any trader entry into our program for any reason deemed necessary.
---
2 Stage Evaluation Agreement
The Fairest 2-Stage Demo Challenge in History
Welcome to the most transparent and equitable 2-stage synthetic demo challenge available. With profit targets of 10% in the first phase and 5% in the second phase, we promise no broker tricks, zero spreads, and no slippage.
The Synthetic Challenge is fully backed by the Liquid Markets network fund, which has a 12-year history of providing private funding for proprietary firms and exchange dealers.
Winners will receive a Nitro risk-managed STP broker account funded by non-winning challenge fees, covering any drawdowns while utilizing network funds to provide the necessary margin. Once the account is funded, we have no interest or control over the broker's STP, ECN, or liquidity providers. This ensures no conflict of interest and that we derive no benefit from your failure. Our evaluation parameters are designed to correlate closely with real market success, allowing the best traders to win. Thanks to this arrangement, we maintain the lowest possible fees.
After the first 30 days of trading on the real account, traders can request payouts directly from the broker.
We offer raw spreads, unlimited trading time, and access to metals, indices, and cryptocurrencies. We invite you to explore the market and become our fund manager.
---
TRADING RULES
Welcome to Liquid Markets. The Company provides you ("you" or the "Trader") with a limited license to use the services ("the Services") offered by the Company, subject to the terms and conditions contained herein ("the Agreement").
This Agreement is a legally binding contract. You have a duty to read this Agreement before accessing the Services. By using the Services, you agree to the terms and conditions contained within this Agreement.
The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time at its sole discretion. Your continued use of the Services after any changes will constitute your agreement to the modified terms.
---
Minimum Trading Days
A minimum of 5 trading days is required for each phase of evaluation. You have ample time to achieve your target and progress to the next phase, so take it slow and practice good risk management.
A Minimum Trading Day is counted when the profits or losses at the end of the day meet a specific threshold, defined as 0.5% of your account balance. For example, if your initial account balance is $10,000, your profit or loss at the end of the day must be at least ±0.5%, equivalent to ±$50. This means if you make $100 or more in profit, or incur $50 or more in losses, that day will be considered a trading day. Conversely, if your profit or loss is less than $50, the day will not count as a trading day.
---
The Evaluation Process
The Synthetic challenge is a 2-stage evaluation account. Both phases must be successfully completed by achieving the required targets for each stage. The list of available markets or products may be updated based on margin availability, leverage, liquidity, and other factors. Updates will not apply to traders who have already purchased the product before changes are made.
- First Phase: A profit target of 8% with no rule breaches must be achieved before proceeding to the second phase. There is no time limit for this phase.
- Second Phase: A profit target of 5% with no rule breaches must be achieved to qualify for a Nitro account. This phase also has no time limit.
---
Evaluation Requests
You can request an evaluation of your trading at any time by contacting [email protected] or through the FXDashboard. We are not obligated to perform an evaluation if you have open trades.
---
Final Evaluation Activation
You must activate your Final Evaluation or simulated account using the login details provided to you. If you do not activate within 30 days of receiving your login details, your access will be suspended. You can request to renew access within 6 months of suspension through the FXDashboard or by emailing [email protected]. After 6 months without renewal, services will be terminated without a refund.
---
Markets
Liquid 100 allows you to trade major, minor, and exotic currency pairs, metals, and indices, with over 400 available markets.
---
Expert Advisers & Robot Usage
You may use Expert Advisors (EAs) as long as they are not employed in the following ways:
- Copy trading of other persons' signals
- Tick scalping
- Hedging
- Stacking
- Martingale
- Latency arbitrage trading
- Reverse arbitrage trading
- Hedge arbitrage trading
- Any use of emulators
Using EAs in violation of these rules will result in account cancellation and forfeiture of any fees.
---
Funded Account
Traders can receive up to 90% of profits. For the first withdrawal, traders will receive a 60% split plus a 100% fee refund. Subsequent withdrawals will grant an 80% share, increasing to up to 90%.
For the first month after receiving a real Nitro account, a stop loss must be used two minutes after executing a trade. No more than 1% of the account size should be risked per position. If there are multiple open positions on one or more pairs at the same time, the total of all positions will be counted as one. The payout schedule is after 14 days and 5 days for senior traders. For the first payout, traders must trade for 30 days on Nitro to enter the normal payout days.
---
Getting Paid
If you have reached your profit-split event, congratulations! Please contact us by sending your request to [email protected]. You can request your payout using any available method, such as bank transfer or cryptocurrency, provided you used the same method and wallet.
---
Drawdown Rules
For this 2-stage evaluation plan, customers must not lose more than 5% of the initial account size in a single day, with a maximum drawdown of 8%, including fees and swaps. Daily drawdown limits reset at 5 PM EST. Daily drawdown is calculated based on the equity% which means open position limit of 5% of either current balance or yesterday's balance whichever is higher.
Here is an example
Daily Drawdown Calculation
1. Yesterday's Balance: $9,500 after some loss
2. Today's Balance: $10,500 after making a profit of $1000
You can see today's balance is higher than yesterday's closing balance,
To determine your daily risk limit:
1. Calculate 5% of Today's Balance:
- 5% of $10,500 = $10,500 × 0.05 = -$525
so daily risk limit is -$525
2. Determine Your Risk Limit:
Subtract the 5% from current balance:
$10,500 - $525 = $9,975
You should not let your equity drop below $9,975 to stay within your daily risk limit of 5%.
---
Account Size Maintenance
Customers must maintain their account balance above 92% of the initial size for evaluation plans, accounting for all positions, fees, and swaps.
---
Resets
If you breach any of the rules, you are entitled to a 20% discount to reset your account. Note that this does not apply to any current promotions offering discounted prices.
---
Refund Policy
All traders who pass Phase 1 and Phase 2 will receive a refund of their fees upon reaching their first profit-split event at the end of the first month on their live trading account. The signup fee is non-refundable if trading has begun or if the customer breaches the agreement or terms and conditions.
Refund Request Process:
- Customers must email their refund requests to [email protected] within the specified time frame.
- The firm will acknowledge receipt of the request promptly.
Refund Payment:
- Refunds will be processed without unnecessary delay, no later than 7 days after the contract is withdrawn.
- Refunds will be issued using the same payment method as the original payment.
- A Refund Processing Fee of 5% of the refunded amount may be deducted from the refund.
---
Trading Behavior
A. No cheating is allowed. This includes any trading on demo accounts that wouldn’t be profitable in real markets or isn’t possible under real market conditions.
- Practices such as exploiting delayed feeds, high-frequency trading (HFT) strategies, gap trading, latency arbitrage, long-short arbitrage, and reverse arbitrage are forbidden.
- Trading that takes advantage of MetaTrader's inefficiencies is not permitted.
---
Unauthorized Trading Measures:
If your trading strategy is deemed risky, we may need to reduce your risk by lowering your leverage or profit share. Risky practices include over-leveraging, overexposure, account rolling, gambling, one-sided bets, and third-party account management or copy trading. We may remove any violating transactions from your trading history and disregard their results in profit or loss calculations.
---
Enhanced Due Diligence (EDD) Measures:
When a higher risk is identified in a business relationship or transaction, we may apply more thorough checks beyond standard Customer Due Diligence (CDD). This may involve:
- Requesting additional documents to confirm your identity.
- Conducting a detailed conversation, possibly including a video call, to better understand you and confirm your intentions.
- Closely monitoring your trading activities to ensure compliance with our rules and risk limits.
---
Know Your Customer (KYC) Procedures:
Customers must not use trading strategies that exploit mistakes in service, such as wrong prices or slow updates. This includes latency trading and trading with outdated or slow information. Cooperation with others to manipulate trading through connected accounts is prohibited.
---
Unauthorized Trading Activities:
Participants are prohibited from engaging in trading activities forbidden by the Firm or its associated brokers, including:
- Taking advantage of mistakes or delays in the broker's pricing or trading platforms.
- Executing trades in advance of orders placed elsewhere (front-running).
- Trading in a manner that could harm the Company’s relationship with a broker or lead to trade cancellations.
---
Consequences of Unauthorized Trading:
- Non-Compliance: Engaging in unauthorized practices may be flagged as a breach of the challenge terms.
- Transaction Removal: Violating transactions may be removed from your trading history.
- Service Termination: The firm reserves the right to terminate services and agreements with the customer.
---
Participation Termination
If unauthorized trading activities are detected, your participation will end, which could result in the loss of any fees paid. Prior to receiving a funded account, we will review your trading to ensure it aligns with our rules.
---
Company's Discretionary Rights
We reserve the right to deny any trader entry into our program for any reason deemed necessary.
---
Quantitative Risk Framework
drawdown calculus | trailing floors | consistency coefficients
8% static based on initial balance. Daily reset 4% (2-Step) / 3% (1-Step). Instant: Trailing 5% + 3% daily.
1-Step: floor = peak balance - 6%. Instant: peak - 5%. Never moves down. Protection after growth.
1-Step: no day >50% of total profit. Instant: no day >20% cumulative profit. Avoids one-lucky-day.
Majority of trades >2 min. Anti-scalping. Swing trades welcome. (applies across all plans).
| Feature | 2-Step Challenge | 1-Step Challenge | Instant Account |
|---|---|---|---|
| Profit Target | 10% / 5% (phases) | 8% | � (immediate funding) |
| Daily Loss Limit | 4% | 3% | 3% |
| Max Drawdown (static) | 8% | 8% | � (trailing 5% + 1% risk/trade) |
| Trailing Drawdown | � | 6% trailing from peak | 5% trailing from peak |
| Consistency Rule | � | 50% (daily profit cap) | 20% consistency score |
| Profit Split | 80% | 80% | 90% |
| Leverage | 1:40 | 1:40 | 1:30 |
| Min trading days / payout | 5 days | 5 days | 5 days |
FAQ | Synthetic Prop Math
If start day equity = $10,000 and daily limit 4% ($400), hitting $9,600 triggers stop. Max drawdown (8%): equity can't go below $9,200 ever.
Balance grows to $10,800 ? floor = $10,800 - 6% = $10,152. Even above initial, breach if drop below floor.
Total profit $2000, largest day profit $1100 -> 55% -> violation. Keep daily profit proportion =50% for 1-step.
Challenge resets available at discount. Funded/Instant breaches require new purchase. Technical errors reviewed within 24h.
Every 14 days (min 5 trading days). 80% (2/1-step) / 90% (Instant). Crypto and bank wire available.
Max 2 funded accounts copying between own accounts. No external signals. All accounts must follow individual rules.
Trading Conduct � Quantitative Compliance
Start trading synthetic indices with institutional risk metrics
Volatility indices only | 1:40 leverage, strict but fair drawdown models. Choose your path: structured evaluation or instant funding.