Guidelines & Risk Management


General Guidelines

Trading hours

Trades can be placed at anytime of the day. Overnight and over the weekend positions are allowed.

Trading Period

Stage one lasts for thirty days, stage two sixty days.

Trading Products

All forex pairs and Gold

Prohibited Strategies

  1. EA's and Trade Copiers are allowed. Ea's are required to follow the lot size cap rule and must not be grid or martingale. Ea's are allowed to use virtual/hidden stop losses.
  2. Stacking, hedging, martingale and over leveraging trading strategies are not allowed.
  3. In a case where a trader is found out using any of these strategies in a consistent pattern your account will be closed by the risk team and the one time fee will not be refunded. *Any profits made from prohibited strategies will be withdrawn and will not count towards the evaluation.

*Promotion Conditions

Within the evaluation stage, the risk team would require consistent trading each day with proper risk management in order to evaluate you properly before promotion onto the second stage/ live funds. In some cases your evaluation may be extended by the risk team in order to get promotion to the second stage or live funds. If you do pass the evaluation, but your trading strategy doesn't align with our risk appetite, you will be refunded with an extra 10% compensation for your time and labour input.

Can I request a refund?

The one time fee is reimbursed to you with the first profit split when you become a Traders Central fund manager.

Profit target and Drawdown Limit

Profit target of ten percent to complete the evaluation for stage one and five percent for stage two. Maximum drawdown of ten percent

Account Leverage

Account leverage of 1:100.

Expert Advisors and Trade Copiers

EA's and Trade Copiers are allowed. Ea's are required to follow the lot size cap rule and must not be grid or martingale. Ea's are allowed to use virtual/hidden stop losses.

Live Account Terms and Risk Disclosure

Important Read

  1. By subscribing to the one time fee, the Client acknowledges that he/she has read and agreed to be bound by these Terms and Conditions as well as to the Company Trading Terms and Conditions.
  2. If the Company suspects that a Client has abused or attempted to abuse, or otherwise acted with a lack of good faith towards us, then the Company reserves the right, at its sole discretion, to deny, the client promotion and if necessary to cancel any terms and conditions with respect to that Client, either temporarily or permanently, or terminate that Client's access to the service and/or block that Client's Account.
  3. Participation is not allowed for persons under the age of 18 or otherwise under the legal age in their country of residence ("minors").
  4. If the Client does not understand the risks involved he/she should seek advice and consultation from an independent financial advisor. If the Client still does not understand the risks involved in trading in any Financial Instruments, he/she should not trade at all.
  5. Clients, who undertake transactions on an electronic trading system, will be exposed to risks associated with the system including the failure of hardware and software (Internet/Servers). The result of any system failure may be that an order is either not executed according to the instructions provided for it, or is not executed at all.
  6. On the live funded account the total equity drawdown is minus ten percent, but at a loss of minus two & five percent on the USD50,000 & five percent on the USD25,000 - USD5,000 the company has the right to review the account and decide whether to allow normal trading to continue or pull out the funding.
  7. The Company will not provide the Client with investment advice relating to investments or possible transactions in investments or make investment recommendations of any kind.
  8. These Terms and Conditions are made in English language. Any other language translation is provided as a convenience only. In the case of any inconsistency or discrepancy between original English texts and their translation into any other language, as the case may be, original versions of English shall prevail.