Time of Challenges

Profit Targets

The accounts of the first stage must reach the target of 8% profit to enter the second stage of the challenge and the target of the second stage is 4%.
After receiving the Real account, there will be no profit target and no time limit.
After reaching the profit target in each stage, a ticket must be created to send you the account of the next stage.Account balance is the basis for reaching the target, and equity is not calculated in the profit target.

Permissible amount of fund loss

Daily drawdown :
You are allowed to reduce your account up to 5% per day, which is calculated as follows :
Example:
In the example below, whether there is an open transaction in the account or not. It does not change the number of daily drawdown.
The balance of an account at the moment of opening the first candle of a new day shows the number 10.000.
5% of 10,000 becomes 500.
10,000-500=9500

This means that the equity and balance of this account should not be smaller or equal to this number until the next 24 hours.
The obtained number is the exact amount that if the balance or equity of your account becomes equal to or less than that, unfortunately you will lose that account.
Total drawdown :
In general, the trader can lose 12% of the total account amount he/she received.
The basis for calculating the total drawdown is the number of the account balance that you have received and its value is always fixed.
which is calculated as follows:
You have a $10,000 account available.
12% of 10,000 is 1,200
10,000 - 1200 = 8800
If your balance or equity becomes equal or smaller than this number, you will unfortunately lose the account.

What are the minimum trading days?

At least 5 trading days are required to enter the next stage.
Note that if the profit target is reached and 5 trading days are completed, if the rules have not been violated, you will enter the next stage and there is no need to remain in the exam until the end of the challenge period.
First stage :
Requires at least 5 trading days. After completing the trading days and reaching the 8% target, you can send the second stage request.
second stage :
It requires at least 5 trading days. After completing the trading days and reaching the target of 4%, you can send the request for the third stage (Real).
If a trade is opened on Friday and closed on Tuesday, only one trading day will be considered for that, which is the day the trade has been opened.

In the 100k and 200k plans, to complete the remaining trading days, you must trade with 25% of the average volume of the previous days, otherwise the new trading day will not be calculated for you.
Example:
A trader has done a total of 90 lots of transactions in 3 days.
The average daily trading volume of the trader is equal to 30 lots.
Now, to complete the remaining trading days, the trader must trade at least 25% of the average volume of the previous days, which is equivalent to 7.5 lots.
In plans below 100k, the trader can reduce the volume as much as possible to complete the trading days.

What actions should be taken after receiving the plan?

All the steps of creating and sending accounts are the responsibility of the company and will be done automatically in less than 30 minutes. The only action that should be taken by the trader is to deal with his/her transactions by focusing on the trading system

When is the challenge deadline calculated?

You have 30 calendar days from the date of receiving the plan to send an access request. After sending the access request, the challenge period will start. You can send the access request from the purchased plans section.

How much funding can be received?

Each person can receive a plan up to 250 thousand dollars

Is copy trade allowed?

Any copy trade is not allowed and can be tracked, if found, the account will be blocked and no refund will be given.
Copy trade is only allowed between user's accounts

Refund of the purchase amount

After receiving the Real account with the first profit withdrawal, the total amount of the cost that the user paid for the purchase of that account will be credited to the user's account.

How will the withdrawal of profits be deposited into the account?

The trader will be able to withdraw 80% of all the profit he/she has earned in the form of Tether or Rial after receiving the Real account and after 14 calendar days from the first transaction and having 7 trading days.
After 2 months, this profit distribution will be 90-10 in favor of the trader.
All withdrawals will be made every two weeks on the 14th and 28th of AD calendar.
There will be no limit on the number of withdrawals.

Which Brokers?

1. Alpari
2. RoboForex
3. FusionMarkets
4. ForexTime
Selection and research related to the broker, including spread, slippage, tradable symbols, etc. is the responsibility of the trader, and the company is not responsible for the issues related to the broker.

Account growth

f after 3 months of receiving the Real account, a total of one account is at 8% profit, the amount of 50% of the funds received will be added to the account balance.
Withdrawal profits will also be considered.
Example :
A 10,000 account after 3 months has been able to earn 8% total profit.
A ticket with the subject of account growth request will be sent. A $15,000 account will be received.
If this new account can earn a total of 8% profit in the next 3 months, it will become a 20,000 account.

Extend and Reset

Reset :
If you could not reach the profit target on the last day of the challenge deadline, but the account is in profit (even one cent), you can request a reset so that stage will start from the beginning for you.
There is no limit to the number of resets, and you can reset many times for free at any stage of the challenge. If you request a reset in the second stage, the second stage will start again for you and you will not go to the beginning of the challenge.

Extend :
If the challenge period ends in the first stage and the account has not reached the target of 8%, if the account is profitable, you can request an extension so that another 2 weeks will be added to your challenge time. If you haven't reached the 8% target at the end of the time extension, but the account balance is in profit and you don't have an open transaction, you can request a reset.
** Note that the extension can be used only once and only in the first stage.

Using Bots

To use a bot, you must submit a ticket with the subject of algorithmic transaction request before trading.
Send the bot and its estimate with at least 50 transactions to the company's expert.
If agreed, you can start trading.
The use of any arbitrage and tick scalping bots is prohibited.

Tick scalp and trade at the time of the news

In FusionMarkets and Alpari, transactions under 1 minute will be considered for tickscalp, and the profit of those transactions will not be paid. You will not have a problem with the rest of the brokers.
In FusionMarkets, four minutes before and after the important news, opening and closing the trade will be illegal in any way and the profit of the transaction will not be paid.
You will not have a problem with the rest of the brokers.

Trading in Saturdays and Sundays

Opening a trade, opening a trade with a pending order or changing the loss limit or profit limit or manual closing on Saturday and Sunday is not allowed and causes account loss.

Violations that cause account loss or non-payment of interest

Abusing the absence of a Slippage, as well as abusing the disruption or slowness of the server in order to gain profit, is considered against the law, and if found, the account will be blocked and no refund will be given.
Transactions (profitable transactions) 4 minutes before and after important news are not accepted in FusionMarkets. This limit does not include other brokers.
Transactions under 1 minute will not be calculated in FusionMarkets.
Any fraud and use of any expert indicator, etc., which causes disruption or slowness in the server, will result in the loss of the account.
Pending trade or trade from the market or modifying on Saturday and Sunday will cause it to be lost (manual closing is also not acceptable).
There is no problem with martingale trading, but if the volume of the next transaction is greater than the volume of the previous transaction, it is not acceptable and it causes not to accept profitable transactions in the real phase and stop cooperation.
Betting on one or more accounts, as well as gambling-like trades with high percentage of risks, are not accepted, and the profits of those transactions will not be paid.
The trader does not have the right to change the password of the account and in case of doing this (even for a moment), the account will be blocked and no refund will be given.
Hedging between accounts is against the rules. There are no restrictions for hedging in one account

Referral and cooperation in sales

By inviting your friends through a dedicated link, you can earn 7% of their first purchase. If you have more than 100 referrals, your profit will increase to 10%.

Can the trader be active in the company in person?

Traders who have 100k and 200k real account and it has been 3 months since they received their real account can trade in person at the company.

Authentication

Authentication will be done by sending a high-resolution selfie of the full face (without glasses, hats, etc.) along with a valid ID card. (The size of the photo should not be more than 3 MB)
Authentication will be done after confirmation in the second step.