Stock Beginner Funding Account Package
This account is suitable for traders who are relatively new to Stock Trading. If you understand the basic principles of trading equities but feel like you still need further development then this is the perfect package for you.
$50,000 USD | 4.5% Draw Down | 20% Target | £1,250 One -Time Fee
PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN, THE EVALUATION PHASE ACCOUNT DETAILS ARE IN THE BOX BELOW
Do you trade Stocks markets? Well this is perfect for you!! Each Stock Funded Package on offer allows you to trade equities on the AMEX, NASDAQ and New York Stock exchange (NYSE) however we DO NOT onboard US based Traders. Each account is subject to an Evaluation Phase, meaning that in order for you to secure the Fully Funded account we will Evaluate you to assess how you trade. You will be given 1/2 of your desired account in live funds and we encourage you to utilise any trading strategies you may have – our main concerns are:
- Your ability to responsibly manage risk and adhere to our risk management guidelines
- Your consistency
- Your ability to leverage risk to your advantage to make a profit
- Qualification Period Starting Balance:
- Max Drawdown:
- Max Daily loss:
- Target to Qualify for $50K Acct:
- $25,000 USD
Fully Funded Account
Once you have passed the Evaluation Phase we will pay-out 60% of your generated profits and you will secure the Fully Funded Account. Similar to the Evaluation Phase you will be able to trade your own strategy and earn an income from your profitable trading. Additionally every time you hit your target we will DOUBLE your account and will pay-out a generous 60% of the profits monthly.
|Max Relative Drawdown (Full $10k Acct)||$500||Relative Drawdown is the maximum difference from the highest account Realized Balance to the following lowest Equity (unrealized value)
Formula: $ Drawdown = Realized or Unrealized Account- Highest Realized Acct Balance.
Example: On 2nd May the account realized value was $10,500. On 10th May, the account equity value (unrealized value) was $10,200
Conclusion: The Drawdown in the account is: $10,200 – $10,550 = -$350
|Target||$1000||List of securities permitted to trade: Forex Majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF. Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURACAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY|
|Exposure Lots||0.52||Definition: Maximum Exposure is the summarised amount of lots market value of opened positions at any given time.
Formula: Max Exposure = Position 1[lots] + Position 2[lots] + Position 3[lots]…
Example: At given time there are 4 open position, 0.15L BUY EURUSD, 0.10L SELL AUDUSD, 0.15L BUY GBPUSD, 0.05L BUY USDJPY
Conclusion: The Account’s Exposure is: 0.15L + 0.10L + 0.15L + 0.05L = 0.45L
|S/L||< 1.5%||Definition: Each and every single position must contain stoploss at price lavel which represent a maximum money risk of 1.5% or less
Formula: Stoploss Value = 100 * 100,000 * Position_Lot_Size * ABS (Position_Open_price – Position_Stoploss_price) / Account_Balance
Example: 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 / 10,500 = 1.05%
|Growth||2X for 10%||Balance Growth Increments||
|*Account Doubles up to $1.2M USD CAP||Holding weekend positions||.||.||Holding overnight positions|
|Max Relative Drawdown (Full $50k Acct)||$2,250||Relative Drawdown is the maximum difference from the highest account Realised Balance to the following lowest Equity (unrealised value)
Formula: $ Drawdown = Realised or Unrealised Account- Highest Realised Acct Balance.
|Target||$10,000||List of Stocks permitted to trade: All US Based Equities|
|Max Daily loss||$500||Definition: Maximum Daily Loss is the maximum dollar amount of the account that can be lost daily.|
|Growth||2X for 20%||Balance Growth Increments||
|*Account Doubles up to UNLIMITED USD CAP||Holding weekend positions||Holding overnight positions|
Terms & conditions apply
Software costs: $175 per month
Commission rates: $4 per 000 Shares traded ($0.99 min)
Data feed costs will apply depending on what a Trader requires
Gov & Reg fees apply