FUNDED TRADING ACCOUNTS
Please find below a list of trading policies. All traders are required to abide by the trade policies at all times.
Traders are not liable for any losses incurred during their trading activity.
Traders are compensated on a profit split basis only. Traders keep 50% of their profits if and only if a profit target of 5% is reached.
Traders will manage a $50,000 trading book on Standard or Pro Package and $25,000 on Basic Package, with leverage of 1:3.
Traders may only trade on major and minor pairs shown on the right.
No trading over the weekend.
No more than $1M daily volume. Once this limit is reached, the platform will not allow any further trading to be completed until the following day at 6:00am. Hedging is not allowed. 2 or more opposing positions that result in margin limit breaches are deemed to be unauthorised trading activities.
Traders on Pro or Standard Package have growth options to progress to larger capital books.
Trading hours are 6am-9pm GMT.
CAPITAL MANAGEMENT INCREASES
Your account will be automatically doubled in size once you make 10% profit on initial starting capital (without withdrawing profit).
Therefore, when you take the account from $50,000 to $55,000 you will then be moved to manage a $105,000 account with max position sizes of up to 100k.
If you decide to trigger the ‘profit split’ at this point (10%, $5,000) or at 5% ($2,500) then you will stay on the $50,000 account rather than progressing to the larger account.
Therefore, the progression and benefits of keeping the profit in the account can be as so;
50,000 ->(+10%) 105,000 ->(+20%) 215,000 ->(+30%) 1m+ (35,000 buffer)
(50k max positions) (100k max positions) (200k max positions) (1m max positions)
For each 10% that you make and don’t withdraw then you will be managing and trading larger funds in that order.
Easier put: if you make 10% on a $50,000 account, followed by a further 10% on a 100,000 account without withdrawing the profit split, You will then be managing a 200,000 account. Where then if you make 5% = ($10,000) on this size account your profit split will be $5,000 and the firms will also be $5,000.
The profit from previously will remain in the account and can be withdrawn if you leave the firm or stop trading with us at 50% split rate. If you decide to withdrawal all profit and stay with the firm, you will then restart on a 50k trading account.
If the traders ambition is to trade larger account sizes they must keep the profit in the account at each 10% profit mark.
However, if the trader wants to continue to withdraw profits at each 5% mark then they can stay on a $50,000 account.
This service is not directly provided by Vision Life Consultancy and is conducted via a third party.