What Is 1 lot equal to?
The lot size determines the amount of risk and potential profit for a given trade.
What is the daily loss limit?
The daily loss limit is the maximum your account can lose in a single day.
How many days of inactivity are allowed on the account?
The maximum inactivity period should be 60 days, after which the account will be deleted.
Can I hold positions over the weekend?
Allows you to keep positions open at the weekend during, but you should be aware of the risks involved.
What do the hard breach and soft breach rules mean?
What is the difference between a Hard Breach and Soft Breach rule?
What does the Maximum Absolute Drawdown mean?
Absolute drawdown is the maximum your account can drawdown before you would hard breach your account.
What does the Maximum Trailing Drawdown mean?
The Maximum Trailing Drawdown is initially set at a specific % and trails your account until you have achieved a pre-defined % return in your account.
What happens if I violate the trading rules?
The rules have been designed to ensure that the limits and profit targets set are balanced and provide sufficient flexibility to manage risk and maintain positive cash flow.