TRADING POLICIES

 

Please find below a list of trading policies. All traders are required to abide by the trade policies at all times.

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• Traders are not liable for any losses incurred during their trading activity.

• Traders are compensated on a profit split basis only. Traders keep 50% of their profits if and only if a profit target of 5% is reached.

• Traders will manage a $50,000 trading book on Standard or Pro Package and $25,000 on Basic Package, with leverage of 1:3.

• Traders may only trade on major and minor pairs shown on the right.

• No trading over the weekend.

• No more than $1M daily volume. Once this limit is reached, the platform will not allow any further trading to be completed until the following day at 6:00am. Hedging is not allowed. 2 or more opposing positions that result in margin limit breaches are deemed to be unauthorised trading activities.

• Traders on Pro or Standard Package have growth options to progress to larger capital books.

• Trading hours are 6am-9pm GMT.

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CAPITAL MANAGEMENT INCREASES

Your account will be automatically doubled in size once you make 10% profit on initial starting capital (without withdrawing profit).

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Therefore, when you take the account from $50,000 to $55,000 you will then be moved to manage a $105,000 account with max position sizes of up to 100k.

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If you decide to trigger the ‘profit split’ at this point (10%, $5,000) or at 5% ($2,500) then you will stay on the $50,000 account rather than progressing to the larger account.

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Therefore, the progression and benefits of keeping the profit in the account can be as so;

50,000 ->(+10%) 105,000 ->(+20%) 215,000 ->(+30%) 1m+ (35,000 buffer)

 

(50k max positions)    (100k max positions)         (200k max positions)           (1m max positions)

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For each 10% that you make and don’t withdraw then you will be managing and trading larger funds in that order.

 

Easier put: if you make 10% on a $50,000 account, followed by a further 10% on a 100,000 account without withdrawing the profit split, You will then be managing a 200,000 account. Where then if you make 5% = ($10,000) on this size account your profit split will be $5,000 and the firms will also be $5,000. 

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The profit from previously will remain in the account and can be withdrawn if you leave the firm or stop trading with us at 50% split rate. If you decide to withdrawal all profit and stay with the firm, you will then restart on a 50k trading account.

 

If the traders ambition is to trade larger account sizes they must keep the profit in the account at each 10% profit mark.

 

However, if the trader wants to continue to withdraw profits at each 5% mark then they can stay on a $50,000 account.

 

 

DISCLAIMER

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This service is not directly provided by Vision Life Consultancy and is conducted via a third party.