When you are trading Funded Session, you need to follow the Funded Session Rules (see below). If you break any of these rules, you are going to lose your account.
- Only trade permitted products during permitted times
- Do not hit or exceed the Daily Loss Limit
- Do not hit or exceed the Weekly Loss Limit
- Do not allow your Account Balance to hit or exceed the Max Trailing Drawdown
- Do not hold positions into major economic releases
- Follow the Scaling Plan*
|Acc.Type||Acc.Size||Max Contracts||Daily Loss Limit||Weekly Loss Limit||Max Trailing Drawdown|
*All accounts other than Mini Accounts.
All traders doing Funded Session need to control Max Position Size manually. You can learn about your Max Position Size in your LMI Trade Report. If you exceed your Max Position Size, you might lose your account.
Please note that:
1. You need to make at least 1 trade every calendar month, otherwise your account will be closed due to inactivity.
2. If the account balance is lower than 2/3 of the Max Trailing Drawdown after 2 months from the day 2/3 of Max Trailing Drawdown was reached, the Funded Session account will be closed automatically and the Trader will get 1 free month of the Practice Session subscription.
3. If 2/3 of Max Trailing Drawdown has been reached but Max Trailing Drawdown has not been hit, the Trader can choose to close their Funded Session account and get 1 free month of the Practice Session subscription.
4. Any time before 2/3 of Max Trailing Drawdown is reached, the Trader can choose to close their Funded Session account and get 1 free month of the Qualifying Session subscription.
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