Prop Trading Rules for White Label Trading Conditions
WLI 1-Step Overview
TRADING RULES
| Rules | Assessment | Funded | Notes |
|---|---|---|---|
| Profit Target | 10% | – | Funded Account has no limit |
| Daily Loss Limit | 5% | 5% | Equity-based, limit set by prior day balance (Hard Breach) |
| Max Drawdown | 6% | 6% | Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach) |
| Inactivity Period | 30 Days | 30 Days | Must place trade (Hard Breach) |
| Leverage | 20:1 | 20:1 | |
| Stoploss Required | Yes | Yes | Required for each trade (Soft Breach) |
| Flat for Weekend | Yes | Yes | All positions closed on Friday 3:45pm (Soft Breach) |
| Max Time | – | – | No Max Time requirements |
ACCOUNT PRICING
| Plan Sizes | Minimum Suggested Retail Pricing |
Minimum Amount to be Received by Technology Provider (Base Rate) |
| $5,000 | $42.50 | $29.75 |
| $10,000 | $85 | $59.50 |
| $25,000 | $212.50 | $148.75 |
| $50,000 | $425 | $297.50 |
| $100,000 | $850 | $595 |
| $200,000 | $1,700 | $1,190 |
| $250,000 | $2,125 | $1,487.50 |
| $500,000 | $4,250 | $2,975 |
| $1,000,000* | $8,500 | $5,950 |
ADD-ONS (AVAILABLE AT PURCHASE):
1. Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend.
2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
TRADING RULES | FREQUENTLY ASKED QUESTIONS (FAQ):
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How do you calculate the 5% Daily Loss Limit?
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Daily Stop 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 stop 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.
How do you calculate the Maximum Trailing Drawdown?
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE – NOT equity) your account until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility.
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). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
Can I hold positions over the weekend?
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.
What is 1 lot equal to on the Trading Platform?
● Forex: 1 lot = $100k notional
● Index: 1 lot = 1 Contract
Exceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
● Cryptos: 1 lot = 1 coin
● Silver: 1 lot = 5000 ounces
● Gold: 1 lot = 100 ounces
● Oil: 1 lot = 100 barrels
Is there a breach for inactivity?
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
What products can I trade?
You can trade any products offered by the Broker, subject to some limitations, and may include FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
We allow up to 20:1 leverage. Forex, Metals, and Indices are 20:1. Equity shares are 5:1. Cryptos are 2:1.
What are the trading hours?
Trading hours are set by the Broker. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu.
Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
Can I use an Expert Advisor or Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor or Automated Strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
● Utilizing non-public and/or insider information
● Front-running of trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
● Trading in any way that creates regulatory issues for the Broker
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/
Can I trade during News Events?
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.
WLI 2-Step Overview
TRADING RULES
| Rule Area | Step 1 | Step 2 | Funded | Notes |
|---|---|---|---|---|
| Profit Target | 10% | 5% | – | Funded account has no profit limit |
| Daily Loss Limit | 4% | 4% | 4% | Equity-based, based on prior day balance (Hard Breach) |
| Max Drawdown | 8% | 8% | 8% | Equity-based, does not trail (Hard Breach) |
| Inactivity Period | 30 Days | 30 Days | 30 Days | Must place trade (Hard Breach) |
| Leverage | 30:1 | 30:1 | 30:1 | |
| Stoploss Required | Yes | Yes | Yes | Required for each trade (Soft Breach) |
| Flat for Weekend | Yes | Yes | Yes | All positions closed on Friday 3:45pm (Soft Breach) |
| Max Time | – | – | – | No Max time requirements |
ACCOUNT PRICING
| Plan Sizes | Minimum Suggested Retail Pricing | Minimum Amount to be Received by Technology Provider (Base Rate) |
| $5,000 | $60 | $42 |
| $10,000 | $110 | $77 |
| $25,000 | $250 | $175 |
| $50,000 | $345 | $241.50 |
| $100,000 | $525 | $367.50 |
| $200,000 | $1,000 | $700 |
| $250,000 | $1,225 | $857.50 |
| $500,000 | $2,400 | $1,680 |
| $1,000,000* | $4,750 | $3,325 |
ADD-ONS (AVAILABLE AT PURCHASE):
1. Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend.
2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 80%) of the profit.
TRADING RULES | FREQUENTLY ASKED QUESTIONS (FAQ):
How do you calculate the 4% Daily Loss Limit?
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Daily Stop 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 stop loss limit if your equity reached $96,000 during the day. If your floating equity is +$6,000 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 $96,000.
How do you calculate the 8% Max Drawdown?
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 8% of your starting balance. This 8% is static and does not trail.
Can I hold positions over the weekend?
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.
What is 1 lot equal to on the Trading Platform?
● Forex: 1 lot = $100k notional
● Index: 1 lot = 1 Contract
Exceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
● Cryptos: 1 lot = 1 coin
● Silver: 1 lot = 5000 ounces
● Gold: 1 lot = 100 ounces
● Oil: 1 lot = 100 barrels
Is there a breach for inactivity?
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
What products can I trade?
You can trade any products offered by the Broker, subject to some limitations, and may include FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
We allow up to 30:1 leverage. Forex, Metals, and Indices are 30:1. Equity shares are 5:1. Cryptos are 2:1.
What are the trading hours?
Trading hours are set by the Broker. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu.
Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
Can I use an Expert Advisor or Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor or Automated Strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
● Utilizing non-public and/or insider information
● Front-running of trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
● Trading in any way that creates regulatory issues for the Broker
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/
Can I trade during News Events?
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.
WLI 3-Step Overview
TRADING RULES
| Rules | Step 1 | Step 2 | Step 3 | Funded | Notes |
|---|---|---|---|---|---|
| Profit Target | 5% | 5% | 5% | – | Funded account has no profit limit |
| Daily Loss Limit | – | – | – | – | There is no daily loss |
| Max Drawdown | 5% | 5% | 5% | 5% | Equity-based, does not trail (Hard Breach) |
| Leverage | 20:1 | 20:1 | 20:1 | 20:1 | |
| Inactivity Period | 30 Days | 30 Days | 30 Days | 30 Days | Must place trade (Hard Breach) |
| Stoploss Required | Yes | Yes | Yes | Yes | Required for each trade (Soft Breach) |
| Flat for Weekend | Yes | Yes | Yes | Yes | All positions closed on Friday 3:45pm (Soft Breach) |
| Max Time | – | – | – | – | No Max Time requirements |
ACCOUNT PRICING
| Plan Sizes | Minimum Suggested Retail Pricing | Minimum Amount to be Received by Technology Provider (Base Rate) |
| $5,000 | $42 | $29.40 |
| $10,000 | $77 | $53.90 |
| $25,000 | $175 | $122.50 |
| $50,000 | $241.50 | $169.05 |
| $100,000 | $367.50 | $257.25 |
| $200,000 | $700 | $490 |
| $250,000 | $857.50 | $600.25 |
| $500,000 | $1,680 | $1,176 |
| $1,000,000* | $3,325 | $2,327.50 |
ADD-ONS (AVAILABLE AT PURCHASE):
1. Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend.
2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 80%) of the profit.
TRADING RULES | FREQUENTLY ASKED QUESTIONS (FAQ):
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
There is no Daily Loss.
The three-step program does not have a daily loss.
How do you calculate the 5% Max Drawdown?
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 5% of your starting balance. This 5% is static and does not trail.
Can I hold positions over the weekend?
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.
What is 1 lot equal to on the Trading Platform?
● Forex: 1 lot = $100k notional
● Index: 1 lot = 1 Contract
Exceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
● Cryptos: 1 lot = 1 coin
● Silver: 1 lot = 5000 ounces
● Gold: 1 lot = 100 ounces
● Oil: 1 lot = 100 barrels
Is there a breach for inactivity?
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
What products can I trade?
You can trade any products offered by the Broker, subject to some limitations, and may include FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
We allow up to 20:1 leverage. Forex, Metals, and Indices are 20:1. Equity shares are 5:1. Cryptos are 2:1.
What are the trading hours?
Trading hours are set by the Broker. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu.
Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
Can I use an Expert Advisor or Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor or Automated Strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
● Utilizing non-public and/or insider information
● Front-running of trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
● Trading in any way that creates regulatory issues for the Broker
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/
Can I trade during News Events?
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.
WLII 1-Step Overview
TRADING RULES
| Rule Area | Assessment | Funded | Notes |
|---|---|---|---|
| Profit Target | 10% | – | Funded Account has no limit |
| Daily Loss Limit | 5% | 5% | Equity-based, based on prior day balance (Hard Breach) |
| Max Drawdown | 6% | 6% | Equity-based, does not trail (Hard Breach) |
| Inactivity Period | 30 Days | 30 Days | Must place trade (Hard Breach) |
| Leverage | 50:1 | 50:1 | |
| Max Time | – | – | No Max Time requirements |
ACCOUNT PRICING
| Plan Sizes | Minimum Price to Trader |
| $5,000 | $35 |
| $10,000 | $75 |
| $25,000 | $190 |
| $50,000 | $375 |
| $100,000 | $750 |
| $250,000 | $2,000 |
| $400,000 | $3,600 |
TRADING RULES | FREQUENTLY ASKED QUESTIONS (FAQ):
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How do you calculate the Daily Loss Limit?
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. The Daily Stop 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 stop 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.
How do you calculate the Maximum Drawdown?
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).
Can I hold positions over the weekend?
Positions can be held over the weekend although only Crypto allows weekend trading
What is 1 lot equal to on the Trading Platform?
● Forex: 1 lot = $100k notional
● Index: 1 lot = 1 Contract
Exceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
● Cryptos: 1 lot = 1 coin
● Silver: 1 lot = 5000 ounces
● Gold: 1 lot = 100 ounces
● Oil: 1 lot = 100 barrels
Is there a breach for inactivity?
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.
What products can I trade?
You can trade any products offered by the Broker, subject to some limitations, and may include FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
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.
Can I use an Expert Advisor or Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor or Automated Strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
● Utilizing non-public and/or insider information
● Front-running of trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
● Trading in any way that creates regulatory issues for the Broker
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/
Can I trade during News Events?
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.
WLII 2-Step Overview
TRADING RULES
| Rule Area | Step 1 | Step 2 | Funded | Notes |
|---|---|---|---|---|
| Profit Target | 8% | 5% | – | Funded account has no profit limit |
| Daily Loss Limit | 5% | 5% | 5% | Equity-based, based on prior day balance (Hard Breach) |
| Max Drawdown | 8% | 8% | 8% | Equity-based, does not trail (Hard Breach) |
| Inactivity Period | 30 Days | 30 Days | 30 Days | Must place trade (Hard Breach) |
| Leverage | 1:50 | 1:50 | 1:50 | |
| Max Time | – | – | – | No Max time requirements |
ACCOUNT PRICING
| Plan Sizes | Minimum Price to Trader |
| $5,000 | $25 |
| $10,000 | $50 |
| $25,000 | $125 |
| $50,000 | $225 |
| $100,000 | $450 |
| $250,000 | $1,250 |
| $400,000 | $2,200 |
TRADING RULES | FREQUENTLY ASKED QUESTIONS (FAQ):
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How do you calculate the Daily Loss Limit?
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Daily Stop 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 stop loss limit if your equity reached $96,000 during the day. If your floating equity is +$6,000 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 $96,000.
How do you calculate the Max Drawdown?
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 8% of your starting balance. This 8% is static and does not trail.
Can I hold positions over the weekend?
Positions can be held over the weekend although only Crypto allows weekend trading
What is 1 lot equal to on the Trading Platform?
● Forex – 1 lot = $100k notional
● Index – 1 lot = 1 Contracts
Exceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
● Cryptos – 1 lot = 1 coin
● Silver – 1 lot = 5000 ounces
● Gold – 1 lot = 100 ounces
● Oil – 1 lot = 100 barrels
Is there a breach for inactivity?
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.
What products can I trade?
You can trade any products offered by the Broker, subject to some limitations, and may include FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
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.
Can I use an Expert Advisor or Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor or Automated Strategy.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
● Utilizing non-public and/or insider information
● Front-running of trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
● Trading in any way that creates regulatory issues for the Broker
● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/
Can I trade during News Events?
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.