HOUSE ACCOUNT HIGH LEVERAGE
Zero Liability High Leverage with monthly desk fee deducted from balance
- High Leverage house account is designed for individuals who have the experience and discipline to engage in highly leveraged Forex trading. Trading with high leverage involves a significant level of risk, and it is essential to have a well-defined plan to manage risk and optimize rewards, within the Liquid nurture parameters. Monthly desk fee is deducted from your account or wallet balance. Continue trading with a fee taken from balance if you don’t hit the target every 30 days.
- Risk Assessment: Before starting a high leverage house account , assess your risk tolerance and ability to limit your liability to the monthly fee. Ensure that you do not breach the drawdown limit during the month or before scheduled renewal. Avoid non-free refinance.
- Goal Setting: Stick to Liquids clear and achievable trading goals, including 10% profit targets and position and daily risk limits. Accept Liquids realistic expectations for returns and losses.
- Trading Strategy: Develop a trading strategy within Liquid nurture parameters that suits your risk tolerance and objectives and will become primary at unrestricted Nitro level. This strategy should include:
- Entry and exit criteria
- Risk management rules
- Position sizing guidelines
- Timeframes for trading
- Risk Management: Implement Liquid nurture risk management practices to grow your balance:
- Set stop-loss orders for each trade to limit potential losses.
- Avoid prohibited techniques such as Martingale which over-leverage your positions. Cut losers and try again from a position of objectivity and clarity.
- Never risk more than the Liquid nurture limit of 1% of your trading account on a single trade.
- Position Sizing: Calculate the appropriate position size based on your risk tolerance and the distance between your entry and stop-loss levels. Avoid taking positions that are too large relative to your account size. Add to winning positions with an eye on counter move to breakeven level.
- Trading Discipline: Stick to your trading plan and avoid emotional decision-making. Avoid chasing losses or over-trading.
- Continuous Learning: Stay updated with market developments and continually improve your trading skills. Keep a journal to analyze your trades and learn from your mistakes.
- Risk Warning: Understand the risks associated with leveraged trading, including the potential for significant losses. Be prepared for adverse market conditions, movements and unexpected events.
- Trading Hours: Determine your productive trading hours and stick to them. Avoid excessive trading outside of the Liquid nurture planned hours.
- Account Monitoring: Use the tools in your FXDashboard to review your trading account, positions, and performance. Adjust your strategy and risk management as needed.
- Exit Strategy: Have a clear exit strategy for both profitable and losing trades. Don’t let emotions dictate your actions; follow your predetermined plan.
- Pro conditions: Stick only to your Liquid account with its raw spreads, fair execution, and a reliable MT5 trading platform. Focus on account growth and promotion to Nitro.
- Withdrawal Plan: Embrace and appreciate the Liquid nurture instant withdrawal and 7 day cycle for receiving profits to secure your gains and prevent over-exposure or ‘making the market pay’ for things. Approach payouts like a business or a job.
- Contingency Plan: Prepare for unexpected events and market volatility. Have a contingency plan in place to protect your account in extreme circumstances.
- Legal and Tax Considerations: Understand the legal and tax implications of Forex trading in your jurisdiction. Consult with a financial advisor if necessary. Avoid distractions or uncertainty when you begin to make regular money.
- Review and Adapt: Regularly review and adapt your trading plan to reflect changes in your evolving mindset, market conditions, and trading objectives. Remember that restrictions are removed at Nitro stage.
Remember that trading high leverage house accounts carries substantial risks for Liquid despite its proven risk mitigation systems, and that you may be barred from renewing your subscription should you breach parameters, remember always that past performance is not indicative of future results. It is crucial to approach trading with caution, discipline, and a well-thought-out plan to increase your chances of success while managing risk effectively.
- Payouts
Traders are compensated on a profit split basis only. Traders keep 60% of all profits if and only when a profit target of 10% is reached. Requests for withdrawal can be made whenever the account balance is at least the original 100% + 10% and the subscription is active.
Best of all, traders will stop paying any monthly fees as long as they are not close to drawdown. Renewal will be processed from balance. You may start and stop as you wish and build your career in your own time as long as your account has not breached any rules. Upon completion of the first target, there are no first month restrictions and you may withdraw every time you meet the 10% target. Requests for withdrawal can be made whenever the account balance is at least the original 100% + 10% and the subscription is active.
Traders who fail to achieve target within 30 calendar days will get renewal where 2% fee of the account will be charged from the account balance. Only traders without violations on the account qualify for renewal from account balance. Traders may otherwise renew from their wallet balance.
- Platform Objectives
Our objective is to provide low cost zero liability trading in professional conditions to potential career traders.
We consider our traders as self employed partners on our business objectives. We will payout and promote every trader that acts in good faith and is committed to career growth.
We will simply close the accounts of any traders suspected of acting in bad faith, specifically allowing 3rd parties to trade the account or acting against the interests of collective traders on our platform.
As you have no liability for losses we have no liability to pay you beyond fee refund unless you act in good faith and within the spirit as well as the terms of the agreement. Simply put, use our platform to trade by yourself and to generate trading profits, and we will reward you and promote you.
- Trading Behavior
A. No cheating is allowed. This includes any trading on demo accounts that wouldn’t be profitable in real markets or isn’t possible under real market conditions.
– Practices such as exploiting delayed feeds, high-frequency trading (HFT) strategies, gap trading, latency arbitrage, long-short arbitrage, and reverse arbitrage are forbidden.
– Trading that takes advantage of Metatrader’s inefficiencies is not permitted.
- Unauthorised Trading Activities:
Participants are not allowed to engage in trading activities that are forbidden by the Firm or its associated Brokers. These include, but are not limited to:
– Taking advantage of mistakes or delays in the Broker’s pricing or trading platforms.
– Using information that is not publicly available or is considered insider knowledge.
– Executing trades in advance of orders placed elsewhere (front-running).
– Trading in a manner that could harm the Company’s relationship with a Broker or lead to trade cancellations.
– Trading that could cause regulatory problems for the Broker.
– Using strategies from third parties, ready-made strategies, or those advertised to pass evaluation challenges.
– Changing trading strategies after passing an assessment when managing a funded account, as identified by the Firms AI.
– Holding positions in Single Share Equity CFDs through a company’s earnings announcement. Positions must be closed by 3:50 pm Eastern Time on the day of the announcement or the day before if the announcement is before the market opens.
– Opening Equity CFD positions at the end of the trading day to profit from overnight market gaps.
– Trying to balance trades between a challenge account and another account, either with the Firm or a third party.
– Trading with multiple accounts of the same size to exploit market conditions or the proprietary firm’s policies.
Consequences of Unauthorized Trading:
- Non-Compliance: If a Customer engages in any unauthorised practices, the risk system may flag this as a breach of the Challenge terms.
- Transaction Removal: The risk system may delete any transactions that violate these rules from the Customer’s trading history and may exclude their results from the profits or losses of Demo Trading.
- Service Termination: The firm reserves the right to terminate all services and end the agreement with the Customer.
- Multiple Account Violations: If unauthorised trading practices occur across multiple Liquid Challenge Accounts, either by a single Customer or different Customers, the firm may cancel all services and terminate all relevant contracts.
- Third-Party Account Violations: If the trader accounts are used for unauthorised practices, this may lead to the cancellation of those accounts.
- Repeated Violations: Customers who repeatedly violate these terms, despite prior notification, may be denied access to all or part of the firm’s services, including the Dashboard and Trading Platform, without compensation or refund of fees paid.
- External Trading Disclaimer: The firm is not responsible for any trading or investment activities conducted outside of its services, even if the Customer uses the same trading platform for real market trading.
Enhanced Due Diligence (EDD) Measures:
– When there is a higher risk in a business relationship or transaction, as identified by our risk assessment, we will apply more thorough checks beyond the usual Customer Due Diligence (CDD).
– We may ask for more documents to confirm your identity if the usual ones are not enough or seem doubtful.
– We might have a detailed conversation with you, which could include a video call, to get to know you better and confirm your intentions.
– We will take a closer look at how you plan to trade to make sure it fits with our acceptable level of risk and ethical trading rules.
– We will keep a closer watch on your trading activities to make sure you are following the rules and staying within the risk limits we have set.
- Know Your Customer (KYC) Procedures:
– Customers must not use trading strategies that take advantage of mistakes in the service, like wrong prices or slow updates. This includes what is known as Latency Trading.
– Customers are not allowed to trade using outdated or slow information or to engage in gap trading.
– Customers must not work alone or with others to manipulate trading by using connected accounts or accounts within the platform. This includes making opposite trades at the same time.
– Customers are not allowed to use any software, artificial intelligence, ultra-fast trading, or mass data entry that could unfairly influence our systems or give them an unfair advantage.
– Customers are not allowed to do any kind of arbitrage trading, which means taking advantage of price differences in different markets or exchanges. This includes many types of arbitrage like triangular, statistical, latency, market-making, spatial, pairs, risk, convertible, volatility, dividend, tax, yield curve, or any other kind that exploits price differences.
- Markets
House Account HighLeverage gives you liberty to trade major, minors, gold, indices and crypto
Expert Advisers & robot usage
You are not allowed to use EAs on this plan
- Gambling Prohibition
We don’t allow gambling-like trading. This includes revenge trading, over-leveraging, and any other extreme all-or-nothing methods. We’ll decide what counts as gambling.
- Responsible Trading Policy
You must maintain the same trading strategy in your funded account as you did during the assessment. This includes consistent trade sizes, instruments, stop loss sizes, and trade frequency.
- Getting paid
If you have reached your profit-split event, firstly, congratulations. Please get in touch by sending your request to [email protected]. You can request your payout from any available method such as bank, or crypto currency if you paid using the same method and wallet.
Drawdown rules
For this House account high leverage plan, customers must not lose more than 3% of the initial account size a day and a maximum drawdown of 10% of the initial account size, including fees and swaps. The daily drawdown resets at 5PM EST. There is also a positional drawdown of 1% and SL is required on this account.
Refunds
– The signup fee is non-refundable if trading has started or if the customer breaches the agreement or terms and conditions.
Refund Policy:
– Once a customer has initiated the service by beginning to trade, they are not eligible for a refund of the registration fee. All payments are final and are solely for the purpose of Evaluation.
Refund Request Process:
– Customers must email their refund request to [email protected] within the specified time frame.
– The firm will acknowledge receipt of the request promptly.
Refund Payment:
– Refunds will be processed without unnecessary delay, no later than 7 days after the contract is withdrawn.
– Refunds will be issued using the same payment method as the original payment.
– A Refund Processing Fee of 5% of the refunded amount may be deducted from the refund.
- Participation Termination
If we find you engaging in unauthorised trading activities, we will end your participation. This could mean losing any fees you’ve paid. Before you get a funded account, we’ll check your trading to make sure it’s authorised, and within the spirit of the rules. If it’s not, you won’t get the account.
- Company’s Discretionary Rights
We can stop any trader from joining our program for any reason we see fit.
Joyce Njenga –
This is the best account for me as a scalper , requested my first withdrawal