Choose an account size that meets your needs. All rules remain the same across all account sizes. Account sizes range from $25,000 to $1 million.
You can trade whenever you want, there are no limits on news or how you trade. We offer over 300 trading options. Just follow our rules to make a 10% Gains.
Pass the evaluation and receive your live account, and start making gains as soon as you hit a 10% account gain. You can achieve this in as little as one day because we have no minimum trading day rules.
Below are the maximum open lots across all pairs that a trader can have at any given time.
For example, if you are in the $100k plan, you will be able to have 10 open lots with risk available.
If you buy 5 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 5 lots on with risk, so you would have 5 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 10 lots available, even though you currently have 5 lots open.
If you put on too many lots with risk, then our system will liquidate all trades that currently have risk.
Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.
Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Funded Account is notional and may not match the amount of capital on deposit with the Broker. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account.
Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Trailing Drawdown, stop loss and position limits apply.
Do I have to use one of your accounts for the Assessment or can I use my own?
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
What Countries are accepted?
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries, can take part in our program.
What is the minimum age I must be to be part of your program?
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Where do I track the progress of my account?
Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
What Platform can I trade on?
Our risk management technology is currently integrated with the MT4 and MT5 platforms. These platforms, along with pricing and execution are provided by our Broker.
What products can I trade?
You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
What is the leverage?
We allow up to 10:1 leverage. Forex, Metals, and Indices are 10:1. Equity shares are 5:1. Cryptos are 2:1.
If the Double Leverage Add-on is purchased, Forex and Metals will be 20:1.
What are the trading hours?
Trading hours are set by the Broker. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the Market Watch window of the MT4 or MT5 platform and selecting Specifications from the dropdown menu.
Please note that holidays can have an impact on available trading hours.
Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
Do your accounts charge commissions?
We use the RAW accounts from the Broker. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.
Can I use an Expert Advisor?
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor.
What is the policy on Prohibited Trading Activity?
You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Brokers it uses. Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
Utilizing non-public and/or insider information
Front-running of trades placed elsewhere
Trading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
Trading in any way that creates regulatory issues for the Broker
Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretion
Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
If the Company detects that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account.
Additionally, the Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company’s sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here, https://dashboardanalytix.com/client-terms-and-policies/?v=7516fd43adaa .
Can I trade during News Events?
Yes, you can trade during the news provided that pricing data from the Broker continue to be provided.
How will I see the charge on my Statement?
Charges come across in the name of Dashboardanalytix.com.
How are taxes handled?
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your gains.
How are affiliates credited?
Affiliates are credited for referrals when a new user to the prop firm creates an account using a link or discount code provided by the Affiliate. Affiliates are not credited for subsequent purchases made by the referred customer and customers cannot be attached to an affiliate after they’ve created an account.
Disclaimer: “Kingdom Wealth Funding is an affiliate of Prop Account, LLC. All funding assessments are provided by Prop Account, LLC and all assessment fees are paid to Prop Account, LLC. If you qualify for a Funded Account, you will be required to enter into a Trader Agreement with Prop Account LC. Neither Prop Account, LLC nor Prop Account LC provides any trading education or other services. All such services are provided by Kingdom Wealth Funding.”