Simple 5 Rules
Do not hit your daily drawdown limit
Do not hit your maximum drawdown limit
Do not cheat. We are fair, you be fair
Do not use martingale
You know that martingale doesn’t work, we know that martingale doesn’t work, it’s not a question of if, but when you lose your account, just don’t trade it.
Our CEO still remembers the story of a man who traded martingale for a year with a $10,000 account. The whole year his account was increasing, he was always making money because he was incredibly lucky. He didn’t withdraw any money from the account because his goal was a million dollars. After a year, one day came, ONE DAY. He lost everything, about $200,000 and a year of his life.
Use stop loss
Our data shows that traders who don’t use stop losses tend not to survive long in trading. That’s why we require you to place a stop loss on every trade.
Not using a stop loss is considered a soft breach – it won’t lead to the termination of your funded account, but our risk management system will automatically close trades without a stop loss within 1 minute after placing the trade to ensure proper risk management.
Not allowed trading styles
- High Frequency Trading Bots or scalping that run trades for just a few seconds, or take advantage of the demo delay / arbitrage are not allowed.
- Latency Arbitrage – You cannot take advantage of the delay in the demo environment, this is not possible for our firm to use your trades live to profit
- Hedging – You can hedge, but you cannot bet on multiple accounts in two different directions to guarantee a win
- Reverse trading Similar to hedging – You cannot counter bet yourself to lock in a win
- EAs are allowed, as long as they dont break any of the above rules mirror on your own trades from another account
- Trade Your Own System – Your trades must be yours, you cannot mirror someone else or use a “pass your challenge” program. You can however use a mirror on your own trades from another account.
Everything else that is not written above this text and is not written in FAQ is allowed
- Direct Funding
- Client Area
- support@trustedpropfunds.com