FAQ
Frequently asked questions.
Official program rules and answers, by product. For anything not covered here, contact support.
Official program rules and answers, by product. For anything not covered here, contact support.
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment or Funded Futures account.
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program, unless otherwise limited at the Company's discretion.
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
Upon purchasing a plan, you will receive access to a trader dashboard where you can monitor your accounts. The dashboard is updated in near real time as we calculate your account metrics. It is your responsibility to monitor your breach levels.
Charges come across in the name of Dashboardanalytix.com.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.
Affiliates are credited for referrals when a user creates an account using a link or discount code provided by the Affiliate.
Our technology is currently integrated with DXtrade, MatchTrader, cTrader and GooeyPro platforms via GooeyTrader.
You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.
1 Step plans offer up to 20:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies. 2 Step plans can increase max leverage for Forex and Metals to 30:1.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over the trading hours. You can see the trading hours for each product by using the following methods: DXtrade – Right click symbol, select "Instrument Info". MatchTrader – Click symbol to expand, select "Info". cTrader – Navigate to Symbol Window, scroll down to see "Market Hours" for selected symbol.
Assessment and Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
The Daily Loss Limit is the maximum amount an account may lose in a single trading day. This limit resets each day at 5:00 PM EST. The Daily Loss Limit is calculated using the greater of the prior day's end of day balance, which includes closed P&L only, OR the prior day's end of day equity, which includes both balance and any open P&L. This approach ensures that unrealized gains at the end of the trading day are properly reflected when determining the allowable loss for the following session. If a trader finishes the day with open positions that are in profit, the account equity will be higher than the balance, and equity will be used to calculate the Daily Loss Limit. If a trader finishes the day with no open positions, balance and equity are the same, and the balance will be used. If a trader finishes the day with open positions that are in a loss, equity will be lower than balance, and the balance will be used. Example: A trader has a $100,000 account with a 5 percent Daily Loss Limit. At the 5:00 PM EST reset, the account balance is $100,000 and there are open positions in profit, resulting in account equity of $102,000. Because the equity is higher than the balance, the Daily Loss Limit is calculated using the $102,000 equity value. Five percent of $102,000 is $5,100, meaning the account will violate the Daily Loss Limit if intraday equity reaches $96,900 at any point during the next trading day. If the trader had no open positions, or open positions that were in a loss, the Daily Loss Limit would instead be based on the $100,000 balance, resulting in a breach level of $95,000.
The Maximum Drawdown is initially set at 6% and is static (using CLOSED BALANCE) and will therefore remain at the same value for as long as the account will remain active. Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE, your Maximum Drawdown would remain locked at $94,000. So, regardless of how high your account goes, your drawdown will remain the same (note, you can still violate the daily drawdown). All plans will have "Lock Upon Payout" enabled by default. However, traders can elect to purchase an add-on for 25% of the purchase price to disable this feature. Example: using the "Lock Upon Payout" default: A trader has a $100,000 account and grows the balance to $110,000. When the trader submits a payout request, the maximum drawdown becomes permanently locked at the original starting balance of $100,000. From that point forward, the account balance may not fall below $100,000. If it does, the account will be considered breached.
The Maximum Trailing Drawdown is initially set at a specific % and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a pre-defined % return in your account. Once you have achieved the % return, the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown).
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.
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.
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 Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the liquidity provider(s) reserve the right to refuse to accept any order.
Subject to our policy on Prohibited Trading, you can trade using an automated strategy.
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
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.
You are prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers it uses. Such prohibited trading ("Prohibited Trading") shall include, but not be limited to:
Maximum Assessment Limits:
Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your "Know Your Customer" verification and your "Trader Agreement". Once both are completed and supporting documentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Once you pass the Assessment, we provide you with a funded account, backed by our capital. The capital in your funded Account is notional and may not match the amount of capital on deposit with the Liquidity Provider. A Funded Account is notionally funded when actual funds in the account differs from the nominal account size. Notional funds are the difference between nominal account size and actual capital in a Funded Account. Use of notional funding does not impact your trading conditions in any way.
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no equity growth target.
No. We do not have any control over pricing from the liquidity provider(s) or on the executions on your trades.
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by arm's length third parties. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.
Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you, subject to the applicable payment split. We reserve the right to change the withdrawal methods and options at any time.
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will lock in at the starting balance and trigger the Maximum Trailing Drawdown breach rule, resulting in the forfeiture of your Funded Account.
Yes. If you have a hard breach in your funded account, any accumulated gains in the account will be forfeited unless you have purchased the Payout Protector add-on.
Payout Protector is an optional add-on that enables you to still receive a payout on any gains in your account, despite the fact that you breached your account (provided all other conditions for a withdrawal are met and your account is not otherwise in violation of our Terms and Conditions). Example: Assume you are trading a $100,000 Funded account and have generated $8,000 in gains at the time you breach your account. Without Payout Protector, the account would be closed and the $8,000 would be forfeited. With Payout Protector, the account would still be closed due to the breach, but you would still receive your portion of the $8,000 gain. Payout Protector does not prevent breaches or alter risk parameters. It is entirely optional and must be selected at the time of purchase.
The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.
A Trading contract and KYC are both required, however to start trading using our Instant Funding Plan, these steps won't need to be completed until you request a withdrawal.
If you fail to pass the KYC process when requesting a withdrawal, the withdrawal will be rejected, your gains forfeited, and your account closed. We strongly encourage you to ensure you meet KYC requirements before choosing the Instant Funding Plan.
Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade.
You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.
We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies.
A maximum of $190,000 in active Instant Funding plans per person is permitted, consisting of up to one of each plan size.
The Daily Loss Limit is the maximum your account can lose in any given day. The Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. The Daily Loss Limit compounds with the increase in your account. Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.
For Instant Funding plans that use a Trailing Max Drawdown, the Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a pre-defined % return in your account. Once you have achieved the % return, the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. Example: If your starting balance is $100,000, you can drawdown to $92,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $94,000. Next, let's say you take your account to $108,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown).
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.
Positions can be held over the weekend if the Weekend Hold add-on has been purchased, although only Crypto is available for weekend trading.
Copy trading is only permitted when all accounts engaged in copy trading are owned by you. Group trading, signal services, passing services, or any other methods that bypass individual strategy are not allowed. Engaging in trades that mirror or closely align with another trader or group of traders across multiple accounts is strictly prohibited.
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
Subject to our policy on Prohibited Trading, you can trade using an automated strategy.
We utilize an aggregate source of pricing and liquidity from multiple brokers and liquidity providers. The current liquidity providers use a number of different tier 1 banks, prime brokers, market makers and other liquidity sources to derive their pricing, and those underlying liquidity providers change constantly. Aggregating liquidity providers while maintaining multiple sources of liquidity allows us to provide competitive pricing and execution, while reducing reliance on a sole liquidity provider. All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers.
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 Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the liquidity provider(s) reserve the right to refuse to accept any order.
Traders can request a withdrawal of the gains in their funded account through their trader dashboard at any time. However, withdrawals are limited to one request every 30 days. The minimum withdrawal amount is the greater of $100 or 1% of the account's starting balance. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will lock in at the starting balance and trigger the Maximum Trailing Drawdown breach rule, resulting in the forfeiture of your Funded Account.
Yes. If you have a hard breach in your funded account, any accumulated gains in the account will be forfeited unless you have purchased the Payout Protector add-on.
Payout Protector is an optional add-on that enables you to still receive a payout on any gains in your account, despite the fact that you breached your account (provided all other conditions for a withdrawal are met and your account is not otherwise in violation of our Terms and Conditions). Example: Assume you are trading a $100,000 Funded account and have generated $8,000 in gains at the time you breach your account. Without Payout Protector, the $8,000 would be forfeited. With Payout Protector, the account would still be closed due to the breach, but you would still receive your portion of the $8,000 gain. Payout Protector does not prevent breaches or alter risk parameters. It is entirely optional and must be selected at the time of purchase.
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by arm's length third parties. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.
Phase 1 begins once you purchase an account. Once you hit your equity growth target, while maintaining a 25% consistency, you will be able to request a payout and then advance to the next Phase. At each new Phase your account will begin with a fresh starting balance.
Once you complete a Phase and meet the 25% consistency rule you will be eligible to make a request for that Phase's payout. You will not be able to advance to the next phase until the payout is requested and completed.
We have a Consistency Requirement to ensure traders aren't hitting targets through a few lucky trades. This promotes consistent behavior and punishes YOLO style trading. The calculation is: (best trading day PnL / Total PnL) x 100. A lower value means profits are generated more consistently across multiple trading days. A higher value means profits are concentrated on fewer trading days. For example, a consistency requirement of 25% means you cannot achieve your entire target in less than 4 days (100% / 25% = 4). You must meet both the target and the consistency requirement — maintaining a consistency ratio at or below 25% — to be eligible for a payout and to advance to the next phase. Example 1: On a $100k account with a target of $8,000, if you earn $2,000 per day over 4 days, you meet the consistency requirement. Your best day is $2,000, and total profit is $8,000 — resulting in a consistency ratio of 25%. Example 2: On a $100k account with a target of $8,000, if your profits across 4 days are $3,000, $1,000, $2,000, and $2,000, you violate the consistency requirement. Your best day is $3,000, and total profit is $8,000 — which gives a consistency ratio of 37.5%. To meet the consistency requirement of 25%, you would now need to reach a total profit of $12,000 while keeping your best day at or below $3,000.
No. But in order to complete the phase and be entitled to receive the payout, you will need to achieve both the equity growth target and the consistency requirement.
There is no specific Daily Loss Limit, but traders must always stay within the Max Trailing Loss.
The Maximum Trailing Loss for each phase trails using End of Day Balance. Example: If your starting balance is $100,000, and there is a 5% Max Trailing Loss, you can drawdown to $95,000 before you violate the Maximum Trailing Loss rule. Then for example let's say you take your end of day balance to $102,000. This is your new End of Day High-Water Mark, which would mean your new Maximum Trailing Loss would be $97,000. Once you generate a 5% return in the account, the Max Trailing Loss will lock at the starting balance (i.e. the Max Loss Limit will never increase above your starting balance). For the purpose of all calculations, the end of day is defined as 1600 CST/1700 EST.
Each Phase (1-4) has a maximum time limit of 60 calendar days. This means you must meet all the requirements for a given phase within 60 days of starting that phase. If you do not complete a phase within the 60-day window, your account will be deactivated, regardless of your progress or profit level at that point. You will need to purchase a new Futures plan to continue. The timer begins on the day you place your first trade and continues uninterrupted. There are no extensions or pauses.
For Phases 1-4, you must place an executed trade once every 14 days to retain the account.
If you reach the Live Funded account level, you must place an executed trade once every 7 days to retain the account.
No, unfortunately we cannot pause the inactivity timer at any account phase.
No. You will need to purchase a new account if you breach it for any reason.
No. All positions must be closed and all open orders cancelled at 1555 CST each weekday.
Trades can be placed starting at the 1700 CST CME Globex Open and can be held until 1555 CST. On non-holiday trading days, all open positions and orders will be closed/cancelled at 1555 CST.
Positions will be closed for you during regular trading days at 1555 CST. Trades cannot be held over weekends. Holiday Hour Trading: During holiday trading hours, auto-liquidation may not occur at the half-time market close, and the trader is responsible for closing the positions. Please pay careful attention to market hours around holidays and shortened weeks. Failure to close the positions before the market closes may result in the loss of the account.
Traders are allowed to trade Futures products only in this program, listed on the following exchanges: CME, COMEX, NYMEX & CBOT.
Traders must trade the front-month contract for each product, as it has the highest liquidity and open interest. For example, in March, the correct contract for the ES E-Mini S&P 500 products is the March (H) contract — not July (N) or September (U). Trading out-month contracts is prohibited and may result in the loss of your account. Always ensure you're trading the active front-month listed on the exchange.
Yes. Each account is subject to a maximum contract limit based on its starting balance. This limit represents the total number of open contracts you may hold at any one time. Contract limits are enforced across all products. Once the maximum allowed exposure is reached, no additional positions may be opened until existing exposure is reduced. Contract limits use a 1:10 ratio, where one E-mini contract is equivalent to ten Micro contracts. For example, a $50,000 account may be limited to 3 standard (E-mini) contracts or 30 micro contracts in total. This limit applies regardless of product type, and exposure is aggregated across all open positions.
You will receive credentials for DXFutures, Deepcharts by Volumetrica, or Rithmic — based on the platform you select at signup. All platforms are available in your client area under the "Downloads" section. DXFutures accounts can access the platform via web or through the Apple iOS mobile app. Deepcharts by Volumetrica accounts can access the platform via web or through mobile apps linked from the web platform. Rithmic accounts can connect Rithmic-compatible third-party platforms such as Bookmap or ATAS using your own license for those tools. CME market data attestation is required before trading and all users must qualify as Non-Professional under CME rules. CME Professional subscriber status is not supported.
You will need to log into the platform to attest to the market data feeds agreement and confirm your status as Non-Professional. As part of the data attestation process, you'll be asked to fill in personal information, including your job title and employer name. These fields are mandatory but not validated. Note: We cannot support CME Professional data subscriber status. All users must qualify as Non-Professional per CME rules.
Market data fees cover the cost of accessing real-time price data from the exchanges. These fees are included in your purchase price during Phases 1 through 4. Once you reach the Live Funded Futures phase, any applicable market data or platform fees will be deducted from your account balance on a monthly basis.
You may only have one active Funded Futures account per starting tier size at a time. The allowed tiers are $25K, $50K, $100K, and $150K — meaning the maximum number of active accounts you can hold at once is four, one of each size. Altogether, the combined starting balances of your active accounts cannot exceed $325,000.
You will be required to complete our Know Your Customer (KYC) program and sign our Trader Agreement prior to requesting a payout. If you do not pass the KYC process, your account will be closed.
If you achieve the equity growth target for your current phase and meet the consistency requirements, you'll be eligible to request that phase's payout. This payout must be completed before your account is upgraded to the next phase.
The Live Funded Futures account operates under a different set of rules compared to Phases 1-4. Once you reach this level, the following changes apply:
If you have gains in your Live Funded Futures (Phase 5) account at the time of a breach, you will still receive your portion of those gains.
No. We operate at arm's length with the liquidity providers/exchanges. All market pricing and trade executions are provided by third parties and are not changed or modified by us. Additionally, we do not mark up transaction costs established through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
During the simulated phases, trades are executed against the liquidity provided by your trading platform and are designed to closely mimic real-market pricing and execution. Once you receive your live funded account, the pricing and execution will come directly from the exchange(s) on which you trade.
Funded Futures accounts receive the same pricing and commissions as charged by the Liquidity Provider/Exchanges to other, self-funded, retail trading accounts.
Subject to our policy on Prohibited Trading, you can trade using an automated strategy.
Our futures program does not prohibit trading during news events; however, traders must exercise heightened caution due to the increased volatility and reduced liquidity that often accompany such events. Traders are solely responsible for staying informed of scheduled economic news releases and managing their positions accordingly.
A futures contract represents a standardized amount of an underlying asset. For example, one E-mini S&P 500 futures contract (ES) represents $50 times the index price, while one crude oil (CL) contract represents 1,000 barrels of oil.
You are prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers it uses. Such prohibited trading ("Prohibited Trading") shall include, but not be limited to:
Crypto Only plans are hosted on DXtrade with TradingView charts.
We offer 26 different Cryptocurrency products.
BTC and ETH offer 5:1 leverage. All other products are 2:1 leverage.
Unfortunately, Crypto Only plans are hosted on DXtrade, which does not support Expert Advisors or other automated strategies.
Commissions or commission-equivalents may be charged in connection with your trading activity. Cryptocurrency trading is subject to a percentage-based commission rate of 0.05% of the total notional trade volume, charged per side (USD amount × 0.0005).
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at a defined % of your starting balance. This % is static and does not trail.
The Daily Cap Limit is the maximum percentage of your starting balance that your crypto account can move in any given day. The Daily Cap Limit is calculated using the previous day's equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your account will be locked until the start of the new trading day at 5 PM EST. Example: For a 100k starting balance account, with a 3% Daily Cap: if the account finishes the day with equity at 101k, the next day's limits will be 101k +/- 3k (i.e. 98k – 104k).
If your account exceeds the 3% gain or loss for the day, the system will automatically disable your account for trading, closing all open trades and canceling any pending orders. Trading will then be restricted for the remainder of the day.
Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PM EST, or when the account falls back into the current day's Cap Limits.
At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account's updated balance for the new trading day.
Yes. If you have a hard breach in your funded account, any accumulated gains in the account will be forfeited unless you have purchased the Payout Protector add-on.
Payout Protector is an optional add-on that enables you to still receive a payout on any gains in your account, despite the fact that you breached your account (provided all other conditions for a withdrawal are met and your account is not otherwise in violation of our Terms and Conditions). Example: Assume you are trading a $100,000 Funded account and have generated $8,000 in gains at the time you breach your account. Without Payout Protector, the $8,000 would be forfeited. With Payout Protector, the account would still be closed due to the breach, but you would still receive your portion of the $8,000 gain. Payout Protector does not prevent breaches or alter risk parameters. It is entirely optional and must be selected at the time of purchase.
Single Session Equities trading is designed for traders who intend to open and close all positions within the same Trading Session. Positions may not be carried beyond 15:55 ET.
For Equities trading, the permitted Trading Session is 09:30 ET through 15:55 ET only. Although U.S. equities may trade during Pre-Market, Regular Market, and Extended Hours sessions, trading outside of this permitted window is not allowed. All Single Session Equities positions must be fully closed by 15:55 ET.
Yes. It is the responsibility of the trader to ensure that all positions are closed before 15:55 ET.
The platform will attempt to automatically close positions at 15:55 ET. However, it is the responsibility of the trader to ensure all positions are closed on or before this time. If a position remains open past that cutoff, it will be treated as a violation of the Prohibited Practices and result in a hard breach.
You may trade any S&P 100 equity products made available on the platform for this program.
Equities trading is available via the GooeyPro trading platform only.
Equities trading is offered with 2:1 leverage.
Commissions are $0.02 per share per side, subject to a minimum commission of $0.50 per transaction.
Liquidity, pricing, and execution are sourced and provided directly from Nasdaq.
You must achieve 10% returns in the Evaluation phase to progress to the Funded phase (assuming minimum profitable trading days is also met).
The Max Drawdown is a 3.0% Maximum Trailing Drawdown based on closed balance only, not equity. It begins 3.0% below your starting balance and trails upward as your closed balance reaches new highs. Once the account reaches a 3.0% return, the Max Drawdown stops trailing and is permanently locked at the starting balance. A violation of the Max Drawdown is considered a hard breach. Example: On a $100,000 account, the starting Max Drawdown threshold is $97,000. If your closed balance increases to $102,000, that becomes your new high-water mark and your Max Drawdown threshold moves up to $99,000. If your closed balance then increases to $103,000, the Max Drawdown threshold locks at your starting balance of $100,000 and no longer trails upward.
The Daily Loss Limit is the maximum amount an account may lose on a single trading day. A violation of the Daily Loss Limit is considered a hard breach, and the account will be terminated. The Daily Loss Limit follows an intraday trailing drawdown. This level trails the greater of the daily balance high water mark and the daily equity high water mark. Example: On a $100,000 account with a 2.5% Daily Loss Limit, the starting breach level for the day is $97,500. If during the day equity reaches $102,000 and balance reaches $101,000, the higher value of $102,000 becomes the daily high-water mark. The new breach threshold becomes $99,450, which is 2.5% below $102,000. If the account equity falls below that amount during the day, the account breaches. If the day ends with both balance and equity at $101,000, then the next day begins with a new breach threshold of $98,475, which is 2.5% below $101,000.
The Daily Profit Cap applies during the Evaluation phase. A violation of this limit is considered a daily pause. If exceeded, any open trades will be closed, all open orders will be cancelled, and the account will be disabled for the remainder of the current session. The account will be re-enabled on the next trading day. This is calculated as a fixed value from the day's starting equity. Example: On a $100,000 account with a 2.5% Daily Profit Cap, assume the day begins with equity of $102,000. The profit cap for that day is $104,500. If account equity exceeds that amount, positions are closed and the account is paused for the rest of the day. If the account settles at $104,600 after liquidation, the account may trade again the next trading day after 17:00 ET, and the new daily cap is then based on the new day's starting equity.
Funded phases are subject to a 25% consistency requirement. This means that no more than 25% of total profits may be generated on a single trading day to qualify for a payout. Optional add-ons are available at checkout to allow for a higher consistency limit.
To proceed to the next phase or become eligible for a payout, you must generate at least 0.5% profit per day over three separate trading days in both the Evaluation and Funded phases, in addition to meeting all other applicable requirements.
All trades must be held for at least 1 minute. Any trade that is held for less than this time frame will be deemed a violation and any profits generated from this trade will be forfeited.
Funded accounts are eligible for an 80/20 account gains split. This means the trader receives 80% of eligible gains, and the remaining 20% is retained by the firm. An add-on is available to increase the split to 90% for an additional 15%.
Payout Protector is an optional point-of-sale add-on available for an additional 25% cost. It protects a trader's eligible share of gains in a Funded account in the event of a hard breach.
The first payout may be requested after 14 days in the Funded phase. After that, payouts may be requested every 14 days, provided all applicable payout conditions and program rules have been satisfied.
Lock Upon Payout is enabled by default on all plans. This means that once a payout is processed, your Max Drawdown is permanently locked at the original starting balance. Traders may elect to purchase an add-on at checkout for an additional 25% of the plan price to disable this feature. Example: If a trader has a $100,000 account and grows the balance to $110,000, once a payout is processed the Max Drawdown becomes permanently locked at $100,000. From that point forward, the account balance may not fall below $100,000. If it does, the account will be considered breached.
Yes. The minimum withdrawal amount is $100 when requesting a payout through the platform.