Pro Challenge
Overview
There are two phases to pass in order to become a Liquid Markets network funded trader.
We constantly are looking for the best products and best conditions for our traders. Every now and then the product list may be updated based on the availability of margin, leverage, liquidity, and various other factors.
We adjust our products to increase the profitability of our traders where possible. We may remove a product if there are no users currently passing the phases of the evaluations due to those products.
Evaluation Phase (Phase I)
- The evaluation phase is to test trading skills and give us an idea of what type of trader we have
- During the evaluation phase they must achieve a profit target of 8% within 30 calendar days with no rule breaches.
Verification Phase (Phase II)
- The verification phase is to confirm the results of the evaluation phase.
- During the verification phase they must achieve a profit target of 5% within 60 calendar days with no rule breaches
Specifications
FOREX , Gold & Indices only may be traded
Traders must trade 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.
We adjust our products to increase the profitability of our traders where possible. We may remove a product if there are no users currently passing the phases of the evaluations due to those products.
Account Prices
$10k-$90
$25k- $140
$50k- $260
$100k- $450
$200k- $750
Resets
If you find that you have breached one of the rules, you are entitled to a discounted reset of that account. Mistakes can happen, and we understand that. We want you in
our team so if you have breached the rules enjoy the following discounted prices 60% of original fees:
10k – $54
25k – $84
50k – $156
100k – $270
200k – $450
Profit-split
Profit share is up to 90% of profits. Profit share will be growing after every withdrawal
as follows:
1st month 60%
2nd month 75%
3rd month 90%
For the first month of live trading you will be required to trade a minimum of 10 days and the first month’s payout will be initiated after one whole month. This minimum day requirement is removed in the second month. Payout is weekly after the first payout (1 month + 1 week).
Senior Traders
Any trader can become a senior trader by achieving a 10% profit target without requesting withdrawal for the account to be upgraded by 50%. Senior traders enjoy a lot of benefits including scaling. Account is upgraded by 50% after 10% profit target. Senior traders are also entitled to daily profit withdrawals.
Retry
Free retry is offered if Subscription expires with profits up at least 4%. Only one retry per person.
Parameters
Account Type | Demo |
One Time Fee | Yes |
Drawdown – Absolute Maximum % | 12% |
Drawdown – Daily Maximum % Limit | 6% |
Drawdown – Position Maximum % Limit | 2% |
Leverage – Absolute Maximum | 100:1 |
Profit Target for Withdrawal | 1% |
Payment from Wallet | Yes |
IP or Device Sharing | Unauthorized |
News Trading | Yes |
Spread Dynamics | Variable |
# Positive Trading Days | Non |
Signals Usage | Unauthorized |
Copy Trading | Unauthorised |
Trading Platform | MT4/MT5 |
Trader Profit Share | Up to 90% (minimum 60%) |
3 Month Loyalty Discount | No |
Trading Hours | 24/7 |
Challenge Stage Retake | 60% of Fee |
Strategy – Hedging | Unauthorised |
Markets | Majors ,Minors, Gold & Indices |
Liveness Testing | No |
Maximum Duration | 90 days |
Mandatory Stop Loss | Yes |
Minimum Trading Days | 10 |
Lotsize – EURUSD EURGBP EURJPY EURCAD EURCHF | 4 |
Lotsize – Indices | 1.2 |
Lotsize – XAUUSD XAGUSD | 2 |
Lotsize – BTCUSD | 25.6 |
Lotsize – USDJPY USDCAD USDCHF | 4 |
Lotsize – CHFJPY | 4 |
Lotsize – CADCHF CADJPY | 5.2 |
Lotsize – GBPUSD GBPJPY GBPCAD GBPCHF | 3.6 |
Lotsize – EURAUD EURNZD | 4 |
Lotsize – GBPAUD GBPNZD | 4 |
Lotsize – AUDUSD AUDNZD AUDCAD AUDCHF AUDJPY | 5.6 |
Lotsize – NZDUSD NZDJPY NZDCHF NZDCAD | 6.8 |
Strategy – Multi Account Hedging | Unauthorised |
Strategy – Martingale | Unauthorised |
Strategy – Pricing or Latency Arbitrage | Unauthorised |
Strategy – Stacking | Unauthorised |
Strategy – Single Market Hedging | Unauthorised |
Lot sizes are stated for a $10,000 Account. The Maximum lot size for larger accounts must be extrapolated from these. These lot sizes may not be exceeded at any time.
Agreement Violations
Bad Faith, Intentional Gaming of Rules or Intent to bring disrepute
Liquid reserves the right to terminate the service and provision of any real account in cases of bad faith. Any such action will never result in any liability beyond a refund.
Soft Breach Violations
These may be penalised by discretionary fines of approximately 2.5%. Fines will only be levied against positive balances.
Terminal Breach Violations
Breach of daily or maximum drawdowns, trading of unauthorised pairs as well as continuing to trade with any soft breach or warning in place.
- Stop Loss
You must place a stop loss on every position executed and before it is closed, you have
to place an SL order within 2 minutes from the position being opened. Failing to do so is
a violation.
You can take a maximum of 2% of total capital as risk per trade/instrument, if it goes beyond 2% at any point of time, it’s a violation. If you have more than one open position on one pair at a time, the total of all positions will be counted as one [ SL – 2% to set accordingly ].
If you violate the rule and fail, you can re-subscribe and try again. Please note we do not offer discounts for any failed retries.
