Frequently Asked:
Our firm makes a lot of bold claims, from giving away 4M in real capital, to offering same second on-demand payouts. The proof to back up our claims will be as follows:
Traders get emailed detailed proof of live market execution after each trading day, our firm is also subject to the highest level of regulated auditing standards in Canada. All our audits, financial material, and internal documentation will be posted publicly for anyone to see.Any percentage gain you generate during this evaluation can be rolled over and applied to any public evaluation we offer upon our official launch, regardless of the account size.
When completing the registration form for this giveaway, you’ll have the option to apply for Evaluation insurance. Selecting this option automatically enrolls you to receive "Phase Credit," which will be accredited to your personal Phase Credit Card once all the winners from the giveaway have been announced.
We fund accounts with our own internal capital. Primarly for the giveaway, we are able to help cover a portion of the funded accounts through commissions made from our broker partnerships each time a trader completes a free evaluation.
You can select as many as you want during your sign up process on our registration form. You only need to open up one trading account, and will be able to register that account to any evaluation you selected during registration.
Evaluation Rules:
In the evaluation stage, you are not allowed to use any trading strategy that LPs and Brokers don't support (eg, HFT).
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Funded Stage
Once you are funded, we will notify you of which custodians and providers we keep our live margin at. It is your responsibility to follow their trading terms on strategy use.You can use any lot size per position and trade any instrument. However, you must trade a total of 2 lots on any FX or Metals instrument by the end of your evaluation. You’re free to open positions of any size and trade anything the broker offers, as long as the combined total includes 2 lots on FX or Metals.
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Funded Stage
No requirements or rules will be enforced when your funded.
You must have a minimum of $1000 USD in your personal brokerage account [live account]. Your account must also have fresh trading history. Once you take a total of 10 trades on your personal brokerage account, you will have completed the evaluation successfully and entered our selection pool.
No other trading rules on the evaluation apply.
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Funded Stage
The only trading rule enforced once your funded is a 7% maximum loss limit. This loss limit is not trailing, meaning you can scale the account without being constricted to the 7% limit. We also have no payout rules or restrictions. Payout processing times are less than 60 seconds.
DISCLAIMER
There are no rules on funded accounts other than our maximum loss limit. Once you are funded, we have no rules, copy trading rules, daily drawdown limits, news rules, payout restrictions, etc. Funded accounts are treated as any other account you hold with your personal broker and profits can be liquidated upon request at any time.