Once the evaluation phase is complete, you will need to complete the KYC verification process. We will review your account and send you your credentials within 24 business hours. This will be the paper trading account that will be eligible to receive trading commission payments.
We accept EAs with the exceptions of the systems described in the “What trading styles do we accept when receiving funds?” section.
There are three ways to automatically forfeit an account:
1. Violation of a drawdown metric (5% based on daily equity, or 10% total drawdown, balance tracking, or the highest equity).2. Inactivity for 30 days on your challenge or evaluation account.3. Open trades on weekends (Does not apply to synthetic index programs).
*When you are in the FUNDED stage, you must be aware of the account approval, replenishment, and forfeiture policies. See the question: “What should I know about trade withdrawal review?”
*If you violate any of the rules described in the client agreement, your account may be terminated.
-If you pass your Challenge, you must be aware of the following rules, which will be reviewed by our team in your withdrawal request:
– Apply the consistency rule.– You cannot have more than two trades at a time on the same asset and in the same direction.– You cannot copy trades to another account, trade with signals, or delegate your account to a third party, and one trade cannot exceed 30% of the total profit.
*MINIMUM TIME BETWEEN OPENING AND CLOSING OF EACH TRADE IS 5 MINUTES.
*To request a withdrawal in the Be Fast and Be Top Trader programs, you must have completed at least 5 trading days. For the Be Flash program, 8 trading days are required. If the minimum number of days is not met, the withdrawal request will be automatically rejected and the option to start a new trading period will be offered.