Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in
your Assessment or Live Account.
Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules
constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Live
Account taken away.
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the
previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day
equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop
compounds with the increase in your account.
Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss
limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be
$95,000.
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE – NOT equity) your account
until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing
Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading
flexibility.
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum
Trailing Drawdown rule. Then for example let’s say you take your account to $102,000 in CLOSED BALANCE. This is your
new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let’s say you
take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your
Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your
account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate
the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5%
in any given day, you would only breach if your account equity reaches $100,000
We believe sound risk management using stop losses. To that end, we require a stop loss on every trade. If you fail to
place a stop loss at thetime of placing the trade/order, we will close the trade. This is only a soft breach rule, so you can
continue trading in your account.
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be
closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
Forex – 1 lot = $100k notional
Index – 1 lot = 10 Contracts
Cryptos – 1 lot = 1 coin
Stocks – 1 lot = 100 shares
Silver – 1 lot = 5000 ounces
Gold – 1 lot = 100 ounces
Oil – 1 lot = 1000 barrel
Below are the maximum open lots across all pairs that a trader can have at any given time.
$25K – 2.5 lots with risk
$50K – 5 lots with risk
$100K – 10 lots with risk
$250K – 25 lots with risk
$500K – 50 lots with risk
$1 million – 100 lots with risk
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.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your
account will be breached.
Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader
Agreement. Once the agreement is completed and supporting documentation is provided, your Live Account will be
created, funded and issued to you typically within 24-48 business hours.
Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Live
Account is notional and may not match the amount of capital on deposit with the Broker. A Live Account is notionally
funded when actual funds in the account (i.e., the equity in a Live Account represented by the amount of capital) differs
from the nominal account size (i.e., the size of the Live 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 Live 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
No. We operate at an arm’s length with the Broker. All market pricing and trade executions are provided by the Broker
and are not changed or modified by us. Additionally, we do not mark up transaction costs established by the
Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct
counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by the Broker. This
framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us
to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem
appropriate. We believe that such real market execution and dynamic risk management would not be possible or as costeffective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the
gain or loss on your Live Account is not calculated differently. However, when we act as the counterparty to your trades,
there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades
would if we were not the direct counterparty.
We reserve the right to limit the number of open positions you may enter or maintain in the Live Account at any time, and
to revise in response to market conditions the drawdown levels at which trading in the Live Account will be halted. We or
the Broker reserve the right to refuse to accept any order.
The rules for the Live Account are exactly the same as your Assessment account. However, with a Live Account, there is no
equity growth target
If you have gains in your Live Account at the time of a hard breach, you will still receive your portion of those gains.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard
breach we would close the account. Of the $10,000 in gains in your Live Account, you would be paid your portion
thereof.
Traders can request a withdrawal of the gains in their Live Account at any time in their trader dashboard, but no more
frequently than once per thirty (30) days. So, if you make gain in your Live Account, you can request a withdrawal.
When you are ready to withdraw the gains from your Live Account, click the Withdrawal button in your trader
dashboard and enter the amount to withdraw. Once your withdrawal request is approved, we will pay the monies owed
to you via your selected method.
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your
account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max
trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a
withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of
$16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the
account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000
maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full
withdrawal of the gains in your Live Account, the Maximum Trailing Drawdown will still lock in at the starting balance
and will therefore result in the forfeiting of your Live Account, as your balance will trigger the Maximum Trailing
Drawdown breach rule.
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.
Subject to compliance with applicable laws and regulations, traders from all countries, excluding OFAC listed countries,
can take part in our program.
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment
and Live 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.
Our risk management technology is currently integrated with several trading platforms. These platforms, along with
pricing and execution are provided by our Broker
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 live 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
ONE STEP OVERVIEW
September 2023
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 live 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 live 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 .
Affiliates are given credit for introducing new Customers to your 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.
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, andCryptocurrencies
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.
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 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.
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.
Subject to our policy on Prohibited Trading as described below, you can trade using an Expert Advisor.
Yes, you can trade during the news provided that pricing data from the Broker continue to be provided.
When trading a Live Account for our firm, you are treated as an independent contractor. As a result, you areresponsible
for any and all taxes on your gains
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