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ANY CLIENT HAS THE OPTION OF DOING THE EVALUATION OVER 1, 2 OR 3 EVALUATIONS ALL WITH DIFFERENT CRITERIA AND COSTS. Below the option to do the program over 2 Phases is shown.

IF A CLIENT WISHES TO REDUCE THEIR COST THEY CAN DO AN EVALUATION OVER 2 OR 3 EVALUATION PERIODS.

1 STEP Evaluation                                                                            3 STEP Evaluation

Which Account is Best for You? under 2 Phase program?

Choose a starting balance between $25,000 USD and $1,000,000 USD.
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$1,000

$200,000

Account Size

  • Daily Max Drawdown -4%, based on the prior day's closing account balance
     

  • Max Account Trailing Drawdown is -8% and it's based on your high water mark. It trails up as you increase the account balance, and then locks at your starting balance.
     

  • Qualify for a Live Account a gain of 10% ($20,000) must be achieved in step 1 and 5% in step 2.
     

  • Your Qualification Period is UNLIMITED, however, you need to make at least one trade every 30 days
     

  • Live Account Gain: Keep 75% (or 90% if you have purchased this extra option) or compound your account, first withdraw anytime you wish.

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$2,400

$500,000

Account Size

  • Daily Max Drawdown -4%, based on the prior day's closing account balance
     

  • Max Account Trailing Drawdown is -8% and it's based on your high water mark. It trails up as you increase the account balance, and then locks at your starting balance.
     

  • Qualify for a Live Account a gain of 10% ($50,000) must be achieved in step 1 and 5% in step 2.
     

  • Your Qualification Period is UNLIMITED, however, you need to make at least one trade every 30 days
     

  • Live Account Gain Split: Keep 75% (or 90% if you have purchased this extra option) or compound your account, first withdraw anytime you wish.

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$4,750

$1,000,000

Account Size (Coming Soon)

  • Daily Max Drawdown -4%, based on the prior day's closing account balance
     

  • Max Account Trailing Drawdown is -8% and it's based on your high water mark. It trails up as you increase the account balance, and then locks at your starting balance.
     

  • Qualify for a Live Account a gain of 10% ($100,000) must be achieved in step 1 and 5% in step 2.
     

  • Your Qualification Period is UNLIMITED, however, you need to make at least one trade every 30 days
     

  • Live Account gain: Keep 75% (or 90% if you have purchased this extra option) or compound your account, first withdraw anytime you wish.

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  • How do you calculate the 5% Max Drawdown? Three Step Account
    Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 5% of your starting balance. This 5% is static and does not trail.
  • How do you calculate the 8% Max Drawdown? Two Step Account
    Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 8% of your starting balance. This 8% is static and does not trail.
  • How Do you calculate the Daily Loss Limit- Three Step Account
    The three-step program does not have a daily loss.
  • Why do I have to place a Stop Loss on Trades?
    We believe sound risk management using stop losses. To that end, we require a stop loss on every trade. If you fail to place a stop loss at the time of placing the trade/order, we will close the trade. This is only a soft breach rule, so you can continue trading in your account.
  • What is the difference between a Hard Breach and Soft Breach Rule?
    ● Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Live Account. ● Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Live Account taken away.
  • How Do you calculate the 4% Daily Loss Limit- Two Step Account
    The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account. Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $96,000 during the day. If your floating equity is +$6,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $96,000.
  • How Do you calculate the 5% Daily Loss Limit- One Step Account
    The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account. Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.
  • Can I hold positions over the weekend?
    All trades should be closed by 3.45pm EST Friday. Any trades left open will be automatically closed. This is another soft breach rule, meaning you wouldn't lose access to your account and continue trading once markets re-open. An extra add-on can be purchased for your trading account that bypasses this weekend rule.
  • How do you calculate the 6% Max Trailing DrawDown? One Step Account
    The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility. Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
  • Is there a breach for inactivity?
    Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
  • Do we manipulate the pricing or executions you receive in your Live Account?
    No. We operate at an arm's length with the Broker. All market pricing and trade executions are provided by the Broker and are not changed or modified by us. Additionally, we do not mark up transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
  • Am I subject to any position limits?
    We reserve the right to limit the number of open positions you may enter or maintain in the Live Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Live Account will be halted. We or the Broker reserve the right to refuse to accept any order.
  • Who is the counterparty to my trades?
    For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by the Broker. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost- effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your Live Account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.
  • How do I upgrade to 90% profit share?
    Once you have chosen an account size you can choose this as an add-on option on checkout.
  • What are the rules for the Live Account?
    The rules for the Live Account are exactly the same as your Assessment account. However, with a Live Account, there is no equity growth target.
  • When can I withdraw the gains in my Live Account and how does that affect my Maximum Trailing Drawdown?
    Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Live Account, the Maximum Trailing Drawdown will still lock in at the starting balance and will therefore result in the forfeiting of your Live Account, as your balance will trigger the Maximum Trailing Drawdown breach rule.
  • How long does it take to receive my Live Account?
    Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting documentation is provided, your Live Account will be created, funded and issued to you typically within 24-48 business hours.
  • Once I pass the Assessment am I provided with a demo or live account?
    Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Live Account is notional and may not match the amount of capital on deposit with the Broker. A Live Account is notionally funded when actual funds in the account (i.e., the equity in a Live Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Live Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Live Account. Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Trailing Drawdown, stop loss and position limits apply.
  • If I have a hard breach in my live account and there are profits, do I forfeit those gains?
    If you have gains in your Live Account at the time of a hard breach, you will still receive your portion of those gains. For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains in your Live Account, you would be paid your portion thereof.
  • How do I withdraw the gains in my Live Account?
    Traders can request a withdrawal of the gains in their Live Account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make a gain in your Live Account, you can request a withdrawal. When you are ready to withdraw the gains from your Live Account, click the Withdrawal button in your trader dashboard and enter the amount to withdraw. Once your withdrawal request is approved, we will pay the monies owed to you via your selected method.
  • Can I use an Expert Advisor?
    Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor.
  • How will I see the charge on my Statement?
    Charges come across in the name of Dashboardanalytix.com.
  • What is 1 lot equal to ... ?
    • Forex - 1 lot = $100k notional • Index - 1 lot = 10 Contracts • Cryptos - 1 lot = 1 coin • Stocks - 1 lot = 100 shares • Silver - 1 lot = 5000 ounces • Gold - 1 lot = 100 ounces • Oil - 1 lot = 1000 barrels
  • How are affiliates credited?
    Affiliates are given credit for introducing new Customers to your firm: 1. Customers are registered to an affiliate during Customer Registration (i.e., when the Customer account is created). This is a separate process from Checkout. 2. A Customer who creates an account that is NOT registered to an affiliate cannot be registered to an affiliate at a later point. At this point, they are no longer a new customer and therefore the affiliate has not introduced them to your firm. A Customer who is registered to an affiliate will remain registered forever. An affiliate will receive affiliate credit for ALL orders from that customer for their lifetime.
  • What is the minimum age I must be to be part of your program?
    You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
  • Where do I track the progress of my account?
    Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Live Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
  • What is the leverage?
    We allow up to 10:1 leverage. Forex, Metals, and Indices are 10:1. Equity shares are 5:1. Cryptos are 2:1. If the Double Leverage Add-on is purchased, Forex and Metals will be 20:1 Although it is available, we don't recommend using extra leverage
  • Can anyone trade?
    Trading is not for everyone and while we can’t pin-point who will be a good or bad trader right away we can outline the traits of professional traders. Professional traders: Understand risk management Control emotions Know when to take a break
  • What are the trading hours?
    Trading hours are the domain of the executing broker. You can check the trading hours for each product by right-clicking on any product in the Market Watch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu. Do note that holidays can impact available trading hours and also market liquidity. Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
  • Do your accounts charge commissions?
    We use the RAW accounts from the Broker. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.
  • What is the High Water Mark?
    https://www.investopedia.com/terms/h/highwatermark.asp
  • What is the policy on Prohibited Trading Activity?
    You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to: ● Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker ● Utilizing non-public and/or insider information ● Front-running of trades placed elsewhere ● Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades ● Trading in any way that creates regulatory issues for the Broker ● Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts ● Utilizing one strategy to pass an assessment and then utilizing a different strategy in a live account, as determined by the Company in cooperation with Prop Account, LLC at their discretion ● Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations. ● Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion. ● Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion. ● If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a live account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a live account. ● Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion. To view all Prohibited Uses, please review our Terms and Conditions here, https://www.ourinterest.org/disclaimer-privacy-notice
  • Do you offer 1 on 1 mentorship/coaching?
    We provide educational services and an analysis of the markets for $100 a month. Terms and Conditions apply.
  • Can I trade during the News?
    Yes you can, but we would caution on this and advise to watch and know your risk around such events. Slippage can also occur during this time and thus is not advised.
  • Can I have multiple trader funding accounts?
    Yes once the accounts are different sizes. For example you can have a 100k and 200k account but not two 50k accounts.
  • What products can I trade?
    You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
  • Do I have to use one of your accounts for the Assessment or can I use my own?
    OurInterest has risk management synced with the accounts we create. We can thus analyse your performance in real time for achievements or rule violations. Thus you must use our accounts and broker.
  • How are taxes handled?
    Once trading a Live account you sign an agreement declaring that you are an Independent contract. Thus any tax filing is your sole responsibility.
  • What countries are accepted ?
    Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program. See official list OFAC list as a guide: https://ofac.treasury.gov/sanctions-programs-and-country-information
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