GENERAL FAQ
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.
Are there limits to the capital a single trader can have?
We limit traders to 500k in capital per trader.
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, and Cryptocurrencies.
How are affiliates credited?
Affiliates are given credit for introducing new customers to the firm:
1. Customers are registered to an affiliate during Customer Registration (i.e., when the Customer account is created). This is a separate process from Checkout.
2. A Customer who creates an account that is NOT registered to an affiliate cannot be registered to an affiliate at a later point. At this point, they are no longer a new customer and therefore the affiliate has not introduced them
to your firm.
A Customer who is registered to an affiliate will remain registered forever. An affiliate will receive affiliate credit for ALL orders from that customer for their lifetime.
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.
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. 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 we detect that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to us. Additionally, and before you shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by us to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a Funded Account.
Additionally, we reserve the right to disallow or block You from participating in the program for any reason, in our 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 the News?
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 account gains.