Following registration and KYC verification [WP-Coder id=”3″]
Only activate this World Challenge account, once I agree to the following conditions by ticking the check boxes
I understand that there one phase to pass in order to become a network funded Nitro trader. Every now and then the list of markets or products may be updated based on the availability of margin, leverage, liquidity, and various other factors. Updates will not apply to users currently passing the phases of the evaluations in those products.
I understand that during evaluation phase I must achieve a profit target of 10% within 90 calendar days with no rule breaches to become a funded Nitro trader.
I understand that there is a daily drawdown of 3% and a maximum drawdown of 12% and breaching these drawdowns is a violation.
I understand that I may not copy trade nor allow anyone else to trade for me. If my trades are deemed to be in bad faith or are highly correlated with any other account, I will be unable to continue and the maximum compensation I will receive is a refund
I understand that I may only trade FOREX , Gold and Indices in a manner and with strategies for which the sole objectives are to profit from a series of trades made with an entry price and a holding phase followed by an exit price. Strategies or behaviour focussed on gaming of the platform or exploitation of discrepancies within the system are regarded as bad faith.
I understand that I must not engage in the strategies involving; Pricing or latency arbitrage, Stacking, Multi account hedging, Martingale, Single market hedging
I understand that I’m required to put a stop loss within 2 minutes after executing a trade. I also understand that I may not risk more than 1% per position. If I have more than one open position on one or more pairs at a time, the total of all positions will be counted as one.
I understand that I have no title or ownership over any funded account, and that any funds, profits or losses remain the property of the firm. I will be rewarded by the firm only for achieving set targets within the parameters agreed.
I have understood and agreed to the terms and conditions for World Challenge