📜 Prop Firm Trading Policy (Strict Version – Rounded Figures)
This policy applies to all traders using capital provided by the firm. The rules are designed to protect capital, control risk, and ensure disciplined, professional trading behavior. Violation of any rule will result in immediate disqualification.
1. 📉 Maximum Daily Loss: 3%
• A trader may not exceed a 3% loss in a single trading day.
• Examples:
• $25,000 account → max daily loss: $750
• $50,000 account → max daily loss: $1,500
• $100,000 account → max daily loss: $3,000
• The daily loss is calculated based on the highest account balance of the day.
• Breaching this limit results in immediate account termination.
2. 📉 Maximum Overall Loss: 10%
• Total loss across the challenge/verification/funded phase may not exceed 10%.
• Examples:
• $25,000 account → max overall loss: $2,500
• $50,000 account → max overall loss: $5,000
• $100,000 account → max overall loss: $10,000
• Reaching or exceeding this level results in permanent disqualification.
3. 📅 Minimum 10 Active Trading Days
• A trader must trade on at least 10 separate days.
• An active day counts when a real position is closed.
• Intentionally placing micro-lot trades (1-2 pip positions) only to tick off a day is considered manipulation.
4. 📊 Position Size and Risk Management
• Maximum risk per individual trade: 1%
• For a $100,000 account: max loss per trade = $1,000
• Maximum simultaneous open position size: 10x account size (e.g. 10 lots gold on $100,000)
5. 🕒 Trading Around News Releases
• All positions must be closed at least 2 minutes before major economic news (NFP, CPI, FOMC, etc.).
• No new trades may be opened for 2 minutes after news release.
• Breaching this rule results in account termination.
6. 🌙 Holding Positions Overnight/Over Weekend
• Holding trades overnight (after market close) is only allowed with special permission.
• Holding trades over weekends is prohibited by default.
7. 🤖 Prohibited Strategies
The following are not allowed:
• Automated trading systems (EAs, bots)
• Arbitrage, latency trading, copy trading, grid, martingale, tick scalping
• Coordinated trading with other traders
• Running the same strategy across multiple prop firms
8. 🧠 Ethical and Professional Conduct
• Any intent to exploit or bypass the rules leads to immediate disqualification.
• The firm reserves the right to assess trader conduct and revoke eligibility at any time – even after successful completion.
9. 🎲 Gambling-Style Trading Prohibited
• Impulsive, random, illogical, or unstructured trading is forbidden.
• Behaviors that may result in disqualification include:
• Irregular position sizing (e.g. 0.5 → 2.0 → 0.1 → 3.5 lots)
• Sudden directional reversals without rationale
• Excessive trades in a short time, especially during high volatility
• Blindly reopening trades after losses (“revenge trading”)
• The firm monitors trading behavior algorithmically — a “just one lucky shot” mentality is not accepted.
10. 🧩 Strategy Consistency
• Traders must use a consistent and traceable strategy.
• Switching styles (e.g. from scalping to swing trading) randomly is not allowed.
• Average trade duration and size must align with the stated strategy.
11. 🕵️ Transparency and Verifiability
• The firm has the right to request access to a trader’s positions, analysis, or journals (especially before profit payouts).
• Failure to justify decisions or prove strategic coherence may invalidate the account.
12. 📵 Account Sharing or Transfer Prohibited
• The trading account is strictly personal. Use by any other individual is forbidden.
• Not allowed:
• Sharing login credentials
• Logging in from unusual locations (VPN usage may raise flags)
• Selling the account to another trader
• Account sharing is subject to automatic screening. Suspicious activity = immediate ban.
13. 💬 Communication and Business Ethics
• Traders must communicate respectfully with the firm’s team, support staff, and on community platforms.
• Swearing, threats, blackmail, public accusations, or defamation are zero-tolerance offenses – resulting in account termination.
• Traders may not provide false or misleading information to either the firm or other traders.
14. 🔚 Final Provisions
• The firm reserves the right to review, modify, or update the rules at any time.
• In case of a rule violation, the trader is not entitled to compensation or refund – unless explicitly stated otherwise.
• By accepting this policy, the trader confirms they have read, understood, and unconditionally agreed to the above.