FREE 3 PHASE CHALLENGE

Description

 

3 Phase Challenge

Overview

Everyone should have a fair chance to show trading expertise. Trading data and signals are what we do. We have devised a method to engage the largest numbers of potential talent and to give them a fair and transparent path to professional asset management. We expect the benefits produced by the mionority will cover the risk and costs of testing the majority. We provide the neccesary tools to discover talent; time and experience under fair conditions:  MT5, raw spreads, $3 roundturn fees and slick execution. And profit potential within weeks for the best.

Welcome to our structured 3 Phase Trading Plan designed for aspiring traders to grow their accounts while managing risk effectively. Starting with a balance of $10,000 without paying any fees, traders will engage in a variety of instruments, including FX, metals, indices, energies, and crypto. Each phase has specific targets, drawdown limits, and trading day requirements to ensure a disciplined trading approach.

A single plan is available to existing customers and new customers for FREE. Traders may keep the account without time limit and build progress by passing each phase within 35 days of starting the phase. If unsuccessful a small fee can be paid to regain full trading access and continue.  Cash prizes are awarded at each phase to those scoring high in various behavioural metrics.

Operations

A limited amount of plans are made available every month on a first come first served basis. In order to provide the challenge for free we are use AI based  automation,  for onboarding, support and risk management. The sometimes neccesary involvement of our human team causes delay to the process and changes the order of processing by moving such applications to the back. Therefore it is important to correctly follow the directives in the first place.

However, in recognition of voluntary tasks that help advance the projects objectives, such as introducing other new free users via affiliate code or link, contributing to our sponsors Telegram group and leaving reviews on Trust Pilot or Facebook, the application can be marked for priority processing upon submission of evidence of mentioned tasks.

Communal and transparent support is the Liquid method and issues are sorted out in the open.  For this to work traders must respect a few simple behaviour rules.

Rude impatient, ignorant and beligerent traders do not tend to achieve success easily and are therefore given the least amount of attention. Every participant is required to read the rules carefully here before beginning.  Any answers found in this document will not tend to be addressed in the support group. Proiority will be given to those who follow the directives.

Please be aware that under no circustances is a  participant trader to contact the broker. Any such contact will result in termination of the plan. Support  for challenge traders is provided in the Discord group . Please note that answers to previously asked questions will not be repeated in the Telegram group, so traders are advised to scroll thru the group for answers in the first instance. Constant requests for news about processing status may be regarded as spam leading to removal from the group.Further more upgrading the free plan ($20) ensures human support via ticket system or email.

Onboarding

For fraud prevention participating traders are initially required to submit a ‘selfie’ clearly showing them holding their ID, and to write their address to join the competition. Full KYC where you  provide the ID document scan  upload in the admin dashboard   as well as proof of address can be be done later, on demand or before payouts or promotions.

Once registered and logged in, upload the selfie holding your ID at the top right of  your dashboard, if you did not do it correctly during registration. Then upload a scan of the ID document in the upload file section. Note that a scan of proof of address will need to be uploaded upon promotion and before payout.

Check your ‘trading plan’ order status in the tab in your admin dashboard. Provided you correctly provide selfie and referr others using your link, then you will receive your credentials on the issue date or when your application is confirmed. At this point you will be able to use the ‘fxdashboard’ link to access your performance record.

Please note that if you do not have fxdashboard access or there is no data in your fxdashboard then you should not trade. Instead send a ticket and wait for directions.

Only 1 free 3 phase plan per user is permitted, if you have more than 1, you will forfeit both accounts when the system synchronises.

Support

Please remember that all support is provided in Discord group or by the ticket system to priority users. Every intervention by human outside the system will result in a demotion of place in the queue. Limited and generic help is available in the Discount group. The main Liquid group provides transparent support for traders on Liquid plans, or traders who have reached the real account stage from the free competition. Telegram accounts must be connected to the Liquid dashboard for this support.

All posts in the Telegram or Discord groups that do not follow this policy will be deemed as spam, with deletion and/or user removal in line with the groups own rules.

To provide the free 2 phase, adherence to the spirit of the rules will supercede any reason for any individual to receive special treatment or extra help.

This structured plan provides the chance to progress in trading with professional conditions such as raw spread and MT5 and cheap reset fee. Our stable trading facility is data proven to produce account balance growth over time with the avoidance of repeat challenge fees or margin calls, and not only encourages consistency and discipline but also provides a clear pathway to professional trading. We look forward to seeing you succeed in your trading journey!

Promotion

Our innovative proprietary AI systems manager is a knowledge based system. Previous dashboards and violations systems are all rule based.  Rule based means the management is done according to numerical limits, with violations acted upon as soon as a numerical parameter is breached. Our system is focussed on data collection and behavioural triggers. Therefore you will be given the benefit of doubt unless the collective data  indicates that your breach is a factor in your performance and not an isolated deviation from your behavioural mean. Therefore the system will aim to acollect your data as long as possible and to promote you when possible on hitting profit targets.  This means that all breaches of the rules at any phase may be penalised at anytime during the demo phases. If you breach, and are not immediately penalised, then ensure subsequent behaviour reinforces a behavioural pattern of ‘isolated error’ or ‘outlier sample’. Evidence of ignorance of the rules, or gaming of the rules is penalised instantly.

Promotion is entirely managed by the system, once you pass, stop trading and wait patiently for a message to continue on the next phase. Our data says a gap in trading is beneficial at this stage, do not get impatient and then lose composure, the market will always be there. The sytem will check your transactional and behavioural data against many internal and external benchmarks across many thousands of accounts to ensure you traded by yourself and did not trade any other unauthorised account and without positive or negative correlation with other accounts. Any flags raised bythe system will be checked by a human which will mean a delay of at least a couple of week days. If you can not wait, then you should delete your account and profile from the site. If you cause an excessive amount of human support or Spam the groups then your review is set back.

Please read the rest of the information here carefully. Any information found here can not be used as an excuse forr not knowing the rules. Any suggestions or implication that rules were hidden or not know to you will be rgarded as bad faith leading to forfeiture of facilities.

We want you to keep this account in the long term, there is no fail,  if you have a set back, you can pay a small fee to continue, no need for expensive challenge restart fees. Build your skillsets and your balance. If you cannot afford the small fee, then come back when you can, your account will be waiting, or you could earn a reset by earning boost points for various fun activities.  Boosting your progress

Phase 1: Induction Phase

– Profit Target: 7%

– Daily Drawdown Limit: 4%

– Maximum Drawdown Limit: 7%

– Minimum Trading Days: 5 (defined as days with a 0.7% PnL of the initial capital)

– Maximum Trading Days: 35

If traders do not meet the requirements, a fee of $20 is required to restart.

In Phase 1, traders will develop their skills and demonstrate their ability to manage risk while achieving the profit target. Successful completion allows traders to advance to the next phase with their account balance reset to $10,000.

Phase 2:  Evaluation Phase

– Profit Target: 7%

– Daily Drawdown Limit: 4%

– Maximum Drawdown Limit: 7%

– Minimum Trading Days: 5

– Maximum Trading Days: 35

If traders do not meet the requirements, a fee of $30 is required to restart.

Phase 2 requires traders to apply the strategies and risk management techniques learned in Phase 1. Successful traders will again reset to the original balance, preparing them for the final evaluation phase.

Phase 3: Verification Phase

– Profit Target: 7%

– Daily Drawdown Limit: 4%

– Maximum Drawdown Limit: 7%

– Minimum Trading Days: 5

– Maximum Trading Days: 35

If traders do not meet the requirements, a fee of $50 is required to restart.

In Phase 3, traders must demonstrate consistency and skill across a more rigorous evaluation. Those who pass will reset their accounts to $10,000 once again, having proved their capability to manage trades effectively.

Phase 4: Real Account

– Profit Sharing: Traders retain 60% of profits made after 30 days.

– Withdrawal Schedule: Every 30 days.

– Minimum Profit Target: 5%

– No Reset Policy: Traders can choose to start from Phase 1, 2, or 3 based on the respective fees.

– Scaling: 30% of profits will be used to scale up; account balance increases by 50% after every 3 withdrawals.

– Account Activity: If there is no trading activity after 30 days, the account will be closed, and a reset will be required.

Phase 4 is the culmination of the trading journey, where successful traders operate in a real account environment. They can enjoy account growth and profit sharing while continuing to develop their trading skills and strategies.

Trading Features

3 Phase Account	Name of services
5	Min Trading Days
7%	Minimum Profit target
4%	Daily Drawdown
7%	Maximum Overall Drawdown
35 days	Account Expiry date
Floating	Spread
Up to 1:50	Leverage
+30	Trading Symbols
FX, Commodities, Metals, Indices, Crypto	Markets
Crypto 0.07% FX, Metals, Indices 0.0014%	Commission
Allowed	News Trading
Not Allowed	EA
Allowed	Weekend Holding

 

Conduct and Integrity

Please be advised that any conduct indicative of bad faith, including but not limited to, attempts to manipulate or exploit the established rules, or actions aimed at tarnishing the reputation of our firm, its sponsors, or stakeholders, will lead to the immediate cessation of all services and support provided by our organization.

Furthermore, we must emphasize that any public declarations, particularly on social media platforms, suggesting the existence of undisclosed or obscure rules or information that were allegedly withheld from the user, despite being explicitly outlined in this document, will be regarded as a breach of good faith. Such a breach will result in the immediate forfeiture of any privileges or services, and should it cause any harm to our sponsors, the firm, or its stakeholders, legal action may be pursued.

We strongly urge that you do not engage with our services unless you have fully comprehended all the information, directives, and rules contained within this document. Your participation signifies your understanding and agreement to these terms.

Trading Violations:

Exceeding the specified daily drawdown or maximum drawdown limits, or engaging in unauthorized trading strategies, will lead to the termination of the trading challenge.

Careful preparation and comittment is required for trading at Liquid. Therefore any failure to demonstrate an understanding and awareness of every trading parameter found in this documentation will lead to forfeiture of the trading facility.

Any claims in the public sphere such as social media, that imply any hidden or unexplained rule or information was kept from the user if it is stated here, will be classified as an acto of bad faith. This will trigger forfeiture at the first instance and litigation if it results in any loss to our sponsors, the firm or its stakeholders.

Do not join if you do not completely understand any of the information or directives or rules in this document.

Further information

• Expert Advisors, Trading Bots, and similar products are possible upon approval from service provider. Traders are not allowed to utilize below strategies:
  • Copying other trader’s trade, using signals or signal provider
  • Tick scalping or Hedging or Stacking or Martingale 
  • Latency, Reverse, Hedge arbitrage trading 
  • Copying your own trades across multiple challenges or accounts
  • Multi Account hedging or Gambling behavior
  • Or any method that is toxic and intended to harm the company intentionally/unintentionally.
• Copied trades or copying third-party trades are called unauthorized trades and will result in breach of agreement and termination of service without any notice.
• Commission is charged for opening and closing a trading position.
• You can also see the swap details in the trading symbol description section in Meta trader.
• Traders have plenty of time to achieve their target as there is no expiry on the challenge, take it slow, observe good risk management techniques. 
• The company reserves the right to not provide or stop providing service to any client that do not practice consistency and risk management.
• Prohibition of shared Accounts. Shared or joint accounts are forbidden. Each account will be owned by one natural person or legal entity, subject to the fulfillment of the applicable requirements
• No transfer of Accounts. You may not transfer your Account (neither by sale, donation or otherwise) to any other person or entity.
• You can also see the swap details in the trading symbol description section in Metatrader.
• You are responsible for making sure your account credentials are safe. We do not reinstate accounts that have been hacked or distributed to third parties for trading and lost.
• If your account has been hacked, get in touch with our team so we can lock the account and change the password and run you through security protocols.
• No reinstatements of accounts will occur so it is important for you to get to us as quickly as you can if your account has been hacked.
• If you violate the rules and fail, you can pay a boost  and try again.

 

Liquid Markets reserves the right to block the trader’s account without any warning or explanation including but not limited to any violation and execute the appropriate fine based on the rules.

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3 Phase Benefits Overview

The 3 Phase Benefits program is designed to support traders at different stages of their trading journey, offering unique advantages to help them succeed. The program is structured into three phases, each with specific benefits and opportunities for traders to enhance their experience and performance on the platform.

3.1. Referrals Boost
Traders can leverage the power of referrals to earn boosts that help them restart challenges if they fail at any phase. Here’s how it works:
– Phase 1: If a trader fails the challenge, they can pay $20 to restart. Alternatively, they can refer 5 friends (each referral equals $4) to accumulate the $20 needed for a boost.
– Phase 2: If the challenge is failed, the restart fee is $30. Traders can refer 8 friends to earn the required amount.
– Phase 3: For a failed challenge, the restart fee is $50. Traders can refer 13 friends to accumulate the necessary boost.

This referral system not only helps traders recover from setbacks but also encourages community growth by incentivizing them to bring others onto the platform.

3.2. Positive PnL (Profit and Loss)
Traders are rewarded for consistent performance. Every day a trader closes with a positive PnL, they earn points that can be converted into boosts. This feature encourages disciplined trading and rewards traders for their daily successes, providing additional support to continue their journey. Activated in phase 2.

3.3. Removal of Time Limits
Time constraints can add pressure to trading challenges. To alleviate this, the program offers the option to remove time limits when:
– A trader purchases a boost, or
– A trader upgrades to a higher level.

This flexibility allows traders to focus on their strategies and performance without the added stress of time restrictions, creating a more conducive environment for success.