What is 1 lot equal to on the Trading Platform?
Forex: 1 lot = $100k notional ● Index: 1 lot = 1 Contract Exceptions: SPX500: 1 lot = 10 contracts JPN225: 1 lot = 500 contracts ● Cryptos: 1 lot = 1 coin ● Silver: 1 lot = 5000 ounces ● Gold: 1 lot = 100 ounces ● Oil: 1 lot = 100 barrels
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Is Copy Trading allowed
Group trading, signal services, passing services, or any other methods that bypass individual strategy are not allowed. Copy trading from one account to another is only permitted if the trader owns all the accounts in question.
Is there a breach for inactivity?
Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30 consecutive days.
Can I hold positions over weekend?
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
Am I subject to any position limits?
The maximum position that you may open is generally determined by your available margin. We reserve the right to increase the margin requirement, limit the max order size or limit the number of open positions you may enter or maintain in the Funded ...
What is the difference between a Hard Breach and Soft Breach rule?
● Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account. ● Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule or the ...