Only activate this House Account Low Leverage subscription account, once I agree to the following conditions by ticking the check boxes
Trader agrees that this is a low leverage ‘growth path’ plan with maximum 5x leverage depending on market conditions. Traders agree with the current lot size table which indicates the amount of exposure in any market.
I understand that I must achieve profit targets in increments of 5% with no rule breaches to receive payouts on $5000 & $10,000 accounts or keep the account after first target without paying fees on $20,000, $40,000 and $80,000 accounts.
I understand that upon achieving 5% target without payout on $20,000, $40,000 and $80,000 accounts, I will no longer have monthly time restrictions or pay any type of monthly fees.
I understand that I if I don’t achieve target I will not pay subscription in cash. 2% of the account balance will be charged from my account as renewal fee for me to continue trading
I understand that there is a maximum drawdown of 8% and breaching this drawdown 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 major and minor pairs 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 focused 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, multi account hedging, martingale, single market hedging
I understand that there is mandatory renewal from profits once I achieve target and request withdrawal
I understand that payouts will be sent every 14 days from previous payout day. I must request withdrawal at least 1 week before the payout day to get paid on the day.
I understand that zero tolerance means that violations lead to forfeiture. In some breaches of the rules deemed minor and neither intentional or negligent, may be penalised by discretionary fine of maximum 2.5%. Fines will only be levied against positive balances.
I understand that the firm reserves the right to terminate the service and provision of any real account in cases of bad faith on my behalf. Any such action will never result in any liability beyond a refund.
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 Max subscription
Date of agreement
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