Description
Fast track challenge
Traders data indicates that winners of demo challenges mostly fail to earn payouts. This is because the real account stage brings a new set of psychological hurdles for those unprepared for payout potential.
The 1 stage evaluation is designed to ensure good traders transfer their skills onto the real account efficiently.
With 1 Stage evaluation account, you’ll have non time limits to pass the single stage demo evaluation. during which you’ll need to achieve a profit target of 6%. No minimum trading days during evaluation gives you opportunity to begin with the real account in a short period. Simply avoid maximum drawdown of 8% and daily drawdown of 4%.
Real Account
Once you are awarded the real account, you have all the time in the world to adapt and to profit. Unless you breach the maximum drawdown or the daily drawdown you will keep this real account.
To protect the firm and to assist you, the first month on the real account is a Probationary month, called probation. This is followed by a month called the payout month. To receive payouts in the payout month you simply have to trade c0nsistently over the 2 months.
If you do not trade consistentlly or do not make a profit, as long as you did not breach the drawdown rules, you will keep your real account and continue to trade until you pass the probation.
Upon passing demo evaluation you will receive a real account within 48 hours.
Probation and Payout Rules
Payout cycle is Friday every 14 days. You must request withdrawal at least 1 week before payout Friday.
In Probation month our risk will monitor your behavior. Our Nitro risk management parameters will apply during probation period to ensure you are profitable and consistent with trading behaviors. There are 10 minimum trading days requirement during your first month on probation stage. You must be profitable or in a positive balance to move to payout stage the following month on real account otherwise you will remain on probation period until you are in a positive balance. During the payout month, your trading must be consistent with that of probation period to request payout.
It’s important to note that you won’t be able to withdraw this probation profit. However, after moving to Payout month going forward, you’ll be paid on a 80% profit share basis.
Markets
You can trade forex, gold, indices and crypto by observing our risk management parameters. On the real account we reserve the right to limit you to available markets.
Reset
You can have a fresh start anytime. You get 20% discount to reset your account.
Refund
Traders get a refund to their wallet after passing evaluation and making it to first withdrawal. Wallet credit can only be redeemed on Liquid Markets shop and maximum of 50% of the wallet amount can be allowed to be used at the same time
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