I started worst then i think because of the rule "no position overnight". It is unfortunate to hear that you have not been able to make a success of the program and we wish you all the best for your future trading. This is much more cost effective for our traders as when we double the account size, the monthly fee will always stay the same, whereas if you were paying commissions and swap fees they would increase with your capital size.Īgain all of our program's rules are clearly laid out before joining the program, nothing is hidden from traders before they start. The fees for the program are all to cover the liquidity provider that you use when managing our accounts and it means you will pay no commissions and no swap fees on all of the account sizes that you will manage with us. Our 10% drawdown limit is from the initial balance and does not trail any of your profits made making it actually one of the most competitive drawdowns in the Prop Trading industry. Unfortunately the markets will never guarantee you a profit and if you have not been profitable on our accounts this is not something where we are at fault.
To manage our account you do not need high amounts of leverage because you only have to reach a 10% profit target before we double the size of your capital and also the lot size allowance that you can trade with as well. The leverage and rules are also written in the contract that you signed before you started trading with us, as well as being explained during the interview process for the program. The program is very clearly explained before anybody signs up to manage live capital with us. It is disappointing to see a review like this from one of our traders that have worked with us.
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