FX Beginner Funding Account Packages
These FX trading accounts are for beginners who are just starting out in the world of Forex. If you feel you have basic knowledge which still requires development, then these are the perfect packages for you.
$10,000 USD | 5% Draw Down | 10% Target
PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN
Evaluation Phase
Each account on offer is subject to a FREE* Evaluation Phase, meaning that in order for you to secure the fully funded account we will Evaluate you to assess how you trade.
In order to get evaluated you will need to:
- Sign up for a Live MT4 or MT5 account via one of the select brokers
- Deposit the minimum required amount for the desired account
- Fill out this form once you have completed the steps above
- Trade for 3 – 6 months
There are no guidelines and we encourage you to utilise
any trading strategies you may have – our main concerns are:
- Your account will need to be profitable from a net $ dollar and % return after the last trading month of your Evaluation
- Your ability to responsibly manage risk and minimise losses
- Your consistency
- Your ability to leverage risk to your advantage to make a profit
FREE Evaluation
Minimum deposit: $300
US Based Traders
Non – US Based Traders
via
any existing broker account of your choice.
under Global (FSA)
evaluated
via any broker of your choice.
Fully Funded Account
Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. Even though this Funded account is subject to guidelines, you will be pleased to know that we will consider providing additional flexibility to traders whose strategies call for it in the future. Unlike the evaluation, (where you keep all profits), once Fully Funded we will pay out 60% of your generated profits on a monthly basis and will also double your account every time you hit your target.
 | Max Relative Drawdown (Full $10k Acct) | $480 | Relative Drawdown is the difference between the account’ highest equity balance (realised value) and the lowest equity balance (unrealised value)Formula: $ Drawdown = Realised or Unrealised Account- Highest Realised Acct Balance.Example: On 3rd June the account realised value was $12,500. On 6th June, the account equity value (unrealised value) was $12,200 Conclusion: The Relative Drawdown in the account is: $12,200 – $12,500 = -$300 | ||||||||||||||||
 | Target | $1,000 | Securities permitted to trade: Forex Majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF. Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY | ||||||||||||||||
 | Exposure Lots | 0.52 | Definition: Maximum Exposure is the entire value of lots amounts in open positions at any given timeFormula: Max Exposure = Position 1[lots] + Position 2[lots] + Position 3[lots]…Example: At given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD, 0.05L BUY EURJPY Conclusion: The Account’s Exposure is: 0.15L + 0.10L + 0.15L + 0.05L = 0.45L | ||||||||||||||||
 | S/L | < 1.5% | Definition: Each and every position must be entered with a Stoploss which represents a maximum money risk of 1.5%Formula: Stoploss Value = 100 * 100,000 * Position_Lot_Size * ABS (Position_Open_price – Position_Stoploss_price) / Account_BalanceExample: Current Account Balance is 10,500, A SELL 0.20L GBPUSD Position Opened at price 1.3560, Stoploss set to 1.3615 Conclusion: Stoploss Value = 100 * 100,000 * 0.20 * ABS (1.3560 – 1.3615) / 10,500 = 200,000 * 0.0055 / | ||||||||||||||||
 | Growth | 2X for 10% | Balance Growth Increments |
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| *Account Doubles up to $1.2M USD CAP | Holding weekend positions | Holding overnight positions | |||||||||||||||||
Terms & conditions apply
$20,000 USD | 4% Draw Down | 10% Target
PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN
Evaluation Phase
Each account on offer is subject to a FREE* Evaluation Phase, meaning that in order for you to secure the fully funded account we will Evaluate you to assess how you trade.
In order to get evaluated you will need to:
- Sign up for a Live MT4 or MT5 account via one of the select brokers
- Deposit the minimum required amount for the desired account
- Fill out this form once you have completed the steps above
- Trade for 3 – 6 months
There are no guidelines and we encourage you to utilise any trading strategies you may have – our main concerns are:
- Your account will need to be profitable from a net $ dollar and % return after the last trading month of your Evaluation
- Your ability to responsibly manage risk and minimise losses
- Your consistency
- Your ability to leverage risk to your advantage to make a profit
FREE Evaluation
Minimum deposit: $400
US Based Traders
Non – US Based Traders
via any existing broker account of your choice.
under Global (FSA)
evaluated
via any broker of your choice.
Fully Funded Account
Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. This account has guidelines however you will be glad to hear that, we will consider offering more elbowroom for traders, whose strategies require it. Unlike the evaluation, (where you keep all profits), once Fully Funded we will pay-out 60% of your generated profits on a monthly basis and will also DOUBLE your account every time you hit your target.
 | Max Relative Drawdown (Full $10k Acct) | $480 | Relative Drawdown is the difference between the account’ highest equity balance (realised value) and the lowest equity balance (unrealised value)Formula: $ Drawdown = Realised or Unrealised Account- Highest Realised Acct Balance.Example: On 3rd June the account realised value was $12,500. On 6th June, the account equity value (unrealised value) was $12,200 Conclusion: The Relative Drawdown in the account is: $12,200 – $12,500 = -$300 | ||||||||||||||||
 | Target | $1,000 | Securities permitted to trade: Forex Majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF. Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY | ||||||||||||||||
 | Exposure Lots | 0.52 | Definition: Maximum Exposure is the entire value of lots amounts in open positions at any given timeFormula: Max Exposure = Position 1[lots] + Position 2[lots] + Position 3[lots]…Example: At given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD, 0.05L BUY EURJPY Conclusion: The Account’s Exposure is: 0.15L + 0.10L + 0.15L + 0.05L = 0.45L | ||||||||||||||||
 | S/L | < 1.5% | Definition: Each and every position must be entered with a Stoploss which represents a maximum money risk of 1.5%Formula: Stoploss Value = 100 * 100,000 * Position_Lot_Size * ABS (Position_Open_price – Position_Stoploss_price) / Account_BalanceExample: Current Account Balance is 10,500, A SELL 0.20L GBPUSD Position Opened at price 1.3560, Stoploss set to 1.3615 Conclusion: Stoploss Value = 100 * 100,000 * 0.20 * ABS (1.3560 – 1.3615) / 10,500 = 200,000 * 0.0055 / | ||||||||||||||||
 | Growth | 2X for 10% | Balance Growth Increments |
| |||||||||||||||
| *Account Doubles up to $1.2M USD CAP | Holding weekend positions | Holding overnight positions | |||||||||||||||||
Terms & conditions apply
