The Reliable Prop Trading Firm
Trade our capital and keep 80% of the gains
Zero Declined Payouts. With us, you can focus on trading and earning without concerns — we take the risk if you lose.
How It Works
Pass our trading challenge to gain access to large capital. We take the risk!
1
1
Choose account type & size
Choose account type & size
2
2
Pass the challenge
Pass the challenge
3
3
Get your funded live account
Get your funded live account
Payout Process
You can make your first withdrawal of gains at any time, then subsequently every 30 days. Withdrawals can be made to your crypto wallet, such as Rise, and then transferred to your bank account or another destination of your choice.
Choose Challenge: Steps & Account Size
1-Step Challenge
2-Step Challenge
1-Step Challenge is the easiest and fastest way to get funded
Beginner
$10,000
$100
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Novice
$25,000
$200
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Advanced
Most Popular
$50,000
$375
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Pro
Best Price
$100,000
$750
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
1-Step Challenge
2-Step Challenge
1-Step Challenge is the easiest and fastest way to get funded
Beginner
$10,000
$100
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Novice
$25,000
$200
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Advanced
Most Popular
$50,000
$375
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Pro
Best Price
$100,000
$750
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
1-Step
2-Steps
1-Step Challenge is the easiest and fastest way to get funded
Beginner
$10,000
$100
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Novice
$25,000
$200
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Advanced
Most Popular
$50,000
$375
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Pro
Best Price
$100,000
$750
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or trading days
Start Trading
Trading Platforms
CTRADER
DXTRADE
MATCH-TRADER
PLATFORM 4 & 5
CTRADER
DXTRADE
MATCH-TRADER
PLATFORM 4 & 5
CTRADER
DXTRADE
MATCH-TRADER
PLATFORM 4 & 5
Frequently Asked Questions
Getting Started
Purchase a challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to you trading account. You goal is to meet the assessment objectives, and once you do, you'll receive a funded account where you can withdraw 80% of your gains.
How will I see the charge on my Statement?
Charges come across in the name of dashboardanalytix.com.
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.
Trader Dashboard
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 60seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Rules for Funded Account
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no profit target.
How long does it take to receive my funded account?
Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Trader Agreement”. Once both are completed and supportingdocumentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the gains in my Funded Account?
Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no morefrequently than once per thirty (30) days. So, if you make gain in your funded account, you can request a withdrawal.When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your traderdashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutionsoffered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you. We reserve theright to change the withdrawal methods and options at any time.
When can I withdraw the gains in my FundedAccount and how does that affect my MaximumDrawdown?
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your accountevery 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown willremain unaffected. The drawdown does not reset when you request a withdrawal.
If I have a hard breach in my Funded Account and there are gains in the account, do I forfeit thosegains?
If you have gains in your funded 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 gains still in your funded account, you would be paid your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at a defined % of your starting balance.
1-Step Challenges:
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.
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.
2-Step Challenges:
The maximum drawdown/loss limit is fixed at 6%, with no trailing.
For example, for a $10,000 account, your maximum drawdown limit is $9,400.
Daily Drawdown
How do you calculate the daily loss limit?
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. 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.
Inactivity (30 days)
Is there a breach for inactivity?
Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed, details will automatically be sent to your email within 15-30 minutes, along with a link to the trading dashboard and a download link for the trading software, if needed. If, for some reason, you do not receive your credentials after an hour, please check your spam folder or contact us, and we will make sure the information is resent.
Live/Funded Account:
Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. As part of this process, you will quickly complete the Know Your Customer (KYC) requirements. Once the agreement is completed and the required KYC documents are provided, your Funded account will typically be created, funded, and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
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 LiquidityProviders 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 Liquidity Provider
● 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 Liquidity Provider or may result in the canceling of trades ● Trading in any way that creates regulatory issues for the Liquidity Provider
● You are not allowed to trade in conjunction with other traders which increases the risk for us as a company
● 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 at their 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 beterminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receivea funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both theCompany and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the caseof 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 anyreason, 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations/Funded Challenges. This does not represent a profitable trader and is considered a Malicious Practice.
News & Weekend Rules
Can I trade during News Events?
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalise traders who inadvertently trade through a news event.
Weekend Rule
You can hold, open, or close positions on markets that are open during the weekend.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products the Broker offers, although such products may occasionally change. See complete list here.
What is the leverage?
Forex 30:1
Metals 20:1
Indices 10:1
Oil 5:1
Crypto 2:1
What are the trading hours?
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over thetrading hours. You can see the trading hours for each product by using the following methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol.
Do your accounts charge commissions?
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded,retail trading accounts.
What is 1lot equal to on the trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 ContractExceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
Cryptos: 1 lot = 1 coin
Silver: 1 lot = 5000 ounces
Gold: 1 lot = 100 ounces
Oil: 1 lot = 100 barrels
Age Limit & Accepted Countries
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, unless otherwise limited at the Company’s discretion.
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.
Soft- vs hard breach
What is the difference between a Hard Breach andSoft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in yourAssessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How Do I Pay Tax?
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.
The specific tax obligations depend on your country of residence and local tax laws. As an independent contractor receiving earnings from trading, you are responsible for reporting this income on your tax returns. We recommend consulting with a tax professional to ensure you comply with your local regulations and to explore potential deductions related to trading expenses. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once I pass the Assessment am I provided with a demo or live account?
Once you pass the Assessment, we provide you with a funded 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 Liquidity Provider. 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 impact your trading conditions in any way.
Who is the counterparty to my trades?
For purposes of managing risk and minimising 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 arm’s length third parties. 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 cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded 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.
No Scaling, But Unlimited Accounts
We do not offer scaling on our accounts; however, we have no limitation on how many accounts you can have—the sky is the limit.
It is not allowed to have multiple challenges of the same account size at the same time. Once funded it is ok to have multiple funded accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss when trading with us.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing from the liquidity provider or on the executions on your trades.
Are there any position limits?
The maximum position that you may open is determined by your available margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain inthe Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading inthe Funded Account will be halted.
We or the Broker reserve the right to refuse to accept any order.
Getting Started
Purchase a challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to you trading account. You goal is to meet the assessment objectives, and once you do, you'll receive a funded account where you can withdraw 80% of your gains.
How will I see the charge on my Statement?
Charges come across in the name of dashboardanalytix.com.
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.
Trader Dashboard
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 60seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Rules for Funded Account
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no profit target.
How long does it take to receive my funded account?
Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Trader Agreement”. Once both are completed and supportingdocumentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the gains in my Funded Account?
Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no morefrequently than once per thirty (30) days. So, if you make gain in your funded account, you can request a withdrawal.When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your traderdashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutionsoffered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you. We reserve theright to change the withdrawal methods and options at any time.
When can I withdraw the gains in my FundedAccount and how does that affect my MaximumDrawdown?
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your accountevery 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown willremain unaffected. The drawdown does not reset when you request a withdrawal.
If I have a hard breach in my Funded Account and there are gains in the account, do I forfeit thosegains?
If you have gains in your funded 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 gains still in your funded account, you would be paid your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at a defined % of your starting balance.
1-Step Challenges:
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.
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.
2-Step Challenges:
The maximum drawdown/loss limit is fixed at 6%, with no trailing.
For example, for a $10,000 account, your maximum drawdown limit is $9,400.
Daily Drawdown
How do you calculate the daily loss limit?
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. 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.
Inactivity (30 days)
Is there a breach for inactivity?
Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed, details will automatically be sent to your email within 15-30 minutes, along with a link to the trading dashboard and a download link for the trading software, if needed. If, for some reason, you do not receive your credentials after an hour, please check your spam folder or contact us, and we will make sure the information is resent.
Live/Funded Account:
Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. As part of this process, you will quickly complete the Know Your Customer (KYC) requirements. Once the agreement is completed and the required KYC documents are provided, your Funded account will typically be created, funded, and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
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 LiquidityProviders 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 Liquidity Provider
● 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 Liquidity Provider or may result in the canceling of trades ● Trading in any way that creates regulatory issues for the Liquidity Provider
● You are not allowed to trade in conjunction with other traders which increases the risk for us as a company
● 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 at their 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 beterminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receivea funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both theCompany and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the caseof 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 anyreason, 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations/Funded Challenges. This does not represent a profitable trader and is considered a Malicious Practice.
News & Weekend Rules
Can I trade during News Events?
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalise traders who inadvertently trade through a news event.
Weekend Rule
You can hold, open, or close positions on markets that are open during the weekend.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products the Broker offers, although such products may occasionally change. See complete list here.
What is the leverage?
Forex 30:1
Metals 20:1
Indices 10:1
Oil 5:1
Crypto 2:1
What are the trading hours?
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over thetrading hours. You can see the trading hours for each product by using the following methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol.
Do your accounts charge commissions?
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded,retail trading accounts.
What is 1lot equal to on the trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 ContractExceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
Cryptos: 1 lot = 1 coin
Silver: 1 lot = 5000 ounces
Gold: 1 lot = 100 ounces
Oil: 1 lot = 100 barrels
Age Limit & Accepted Countries
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, unless otherwise limited at the Company’s discretion.
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.
Soft- vs hard breach
What is the difference between a Hard Breach andSoft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in yourAssessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How Do I Pay Tax?
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.
The specific tax obligations depend on your country of residence and local tax laws. As an independent contractor receiving earnings from trading, you are responsible for reporting this income on your tax returns. We recommend consulting with a tax professional to ensure you comply with your local regulations and to explore potential deductions related to trading expenses. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once I pass the Assessment am I provided with a demo or live account?
Once you pass the Assessment, we provide you with a funded 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 Liquidity Provider. 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 impact your trading conditions in any way.
Who is the counterparty to my trades?
For purposes of managing risk and minimising 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 arm’s length third parties. 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 cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded 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.
No Scaling, But Unlimited Accounts
We do not offer scaling on our accounts; however, we have no limitation on how many accounts you can have—the sky is the limit.
It is not allowed to have multiple challenges of the same account size at the same time. Once funded it is ok to have multiple funded accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss when trading with us.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing from the liquidity provider or on the executions on your trades.
Are there any position limits?
The maximum position that you may open is determined by your available margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain inthe Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading inthe Funded Account will be halted.
We or the Broker reserve the right to refuse to accept any order.
Getting Started
Purchase a challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to you trading account. You goal is to meet the assessment objectives, and once you do, you'll receive a funded account where you can withdraw 80% of your gains.
How will I see the charge on my Statement?
Charges come across in the name of dashboardanalytix.com.
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.
Trader Dashboard
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 60seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Rules for Funded Account
The rules for the Funded Account are exactly the same as your Assessment account. However, with a Funded Account, there is no profit target.
How long does it take to receive my funded account?
Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Trader Agreement”. Once both are completed and supportingdocumentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the gains in my Funded Account?
Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no morefrequently than once per thirty (30) days. So, if you make gain in your funded account, you can request a withdrawal.When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your traderdashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutionsoffered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you. We reserve theright to change the withdrawal methods and options at any time.
When can I withdraw the gains in my FundedAccount and how does that affect my MaximumDrawdown?
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your accountevery 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown willremain unaffected. The drawdown does not reset when you request a withdrawal.
If I have a hard breach in my Funded Account and there are gains in the account, do I forfeit thosegains?
If you have gains in your funded 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 gains still in your funded account, you would be paid your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at a defined % of your starting balance.
1-Step Challenges:
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.
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.
2-Step Challenges:
The maximum drawdown/loss limit is fixed at 6%, with no trailing.
For example, for a $10,000 account, your maximum drawdown limit is $9,400.
Daily Drawdown
How do you calculate the daily loss limit?
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. 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.
Inactivity (30 days)
Is there a breach for inactivity?
Yes. We will consider you inactive and your account will be breached if you do not have any trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed, details will automatically be sent to your email within 15-30 minutes, along with a link to the trading dashboard and a download link for the trading software, if needed. If, for some reason, you do not receive your credentials after an hour, please check your spam folder or contact us, and we will make sure the information is resent.
Live/Funded Account:
Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. As part of this process, you will quickly complete the Know Your Customer (KYC) requirements. Once the agreement is completed and the required KYC documents are provided, your Funded account will typically be created, funded, and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
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 LiquidityProviders 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 Liquidity Provider
● 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 Liquidity Provider or may result in the canceling of trades ● Trading in any way that creates regulatory issues for the Liquidity Provider
● You are not allowed to trade in conjunction with other traders which increases the risk for us as a company
● 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 at their 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 beterminated and may include forfeiture of any fees paid to the Company. Additionally, and before any Trader shall receivea funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both theCompany and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the caseof 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 anyreason, 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations/Funded Challenges. This does not represent a profitable trader and is considered a Malicious Practice.
News & Weekend Rules
Can I trade during News Events?
Opening a position within 3 minutes before or after a News Event is prohibited. Any traders identified as having opened a position during a News Event are subject to having that position closed and the associated P&L removed from their account, having the leverage on their account reduced or having their account breached altogether. The Company has sole and absolute discretion in determining what constitutes a News Event. This rule is intended to protect the integrity of our program and is not meant to penalise traders who inadvertently trade through a news event.
Weekend Rule
You can hold, open, or close positions on markets that are open during the weekend.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products the Broker offers, although such products may occasionally change. See complete list here.
What is the leverage?
Forex 30:1
Metals 20:1
Indices 10:1
Oil 5:1
Crypto 2:1
What are the trading hours?
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any control over thetrading hours. You can see the trading hours for each product by using the following methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol.
Do your accounts charge commissions?
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded,retail trading accounts.
What is 1lot equal to on the trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 ContractExceptions:
SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts
Cryptos: 1 lot = 1 coin
Silver: 1 lot = 5000 ounces
Gold: 1 lot = 100 ounces
Oil: 1 lot = 100 barrels
Age Limit & Accepted Countries
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, unless otherwise limited at the Company’s discretion.
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.
Soft- vs hard breach
What is the difference between a Hard Breach andSoft Breach rule?
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in yourAssessment or Funded Account.
Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How Do I Pay Tax?
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.
The specific tax obligations depend on your country of residence and local tax laws. As an independent contractor receiving earnings from trading, you are responsible for reporting this income on your tax returns. We recommend consulting with a tax professional to ensure you comply with your local regulations and to explore potential deductions related to trading expenses. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once I pass the Assessment am I provided with a demo or live account?
Once you pass the Assessment, we provide you with a funded 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 Liquidity Provider. 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 impact your trading conditions in any way.
Who is the counterparty to my trades?
For purposes of managing risk and minimising 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 arm’s length third parties. 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 cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded 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.
No Scaling, But Unlimited Accounts
We do not offer scaling on our accounts; however, we have no limitation on how many accounts you can have—the sky is the limit.
It is not allowed to have multiple challenges of the same account size at the same time. Once funded it is ok to have multiple funded accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss when trading with us.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing from the liquidity provider or on the executions on your trades.
Are there any position limits?
The maximum position that you may open is determined by your available margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain inthe Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading inthe Funded Account will be halted.
We or the Broker reserve the right to refuse to accept any order.
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COPYRIGHT © TraderFunder 2021-2024. All Rights Reserved. TraderFunder 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 trading education or other services. All such services are provided by TraderFunder. Terms and conditions
COPYRIGHT © TraderFunder 2021-2024. All Rights Reserved. TraderFunder 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 trading education or other services. All such services are provided by TraderFunder. Terms and conditions
COPYRIGHT © TraderFunder 2021-2024. All Rights Reserved. TraderFunder 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 trading education or other services. All such services are provided by TraderFunder. Terms and conditions