The Reliable Prop Trading Firm
Monetize your demo trading and get rewarded with 80% of the gains
Sharpen your trading strategies on our simulated platform, practise with a demo account of up to $400,000, and get rewarded with 80% of your gains without having to risk your capital.
How It Works
Pass our simulated trading challenges and become a monetized demo trader.
1
1
Choose account type & size
Choose account type & size
2
2
Pass the challenge by meeting our trading objectives
Pass the challenge by meeting our trading objectives
3
3
Get your monetized demo account
Get your monetized demo account
Payout Process
The reward of your simulated account gains can be withdrawn at any time, then subsequently every 30 days.
Choose Challenge: Steps & Account Size
1-Step
2-Step
1-Step Crypto
2-Step Crypto
1-Step Simulated Demo Challenge is the easiest of our options.
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 minimum 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 minimum 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 minimum 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 minimum days
Start Trading
Expert
$250,000
$2000
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
Master
Huge Profits
$400,000
$3600
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
1-Step
2-Step
1-Step Crypto
2-Step Crypto
1-Step Simulated Demo Challenge is the easiest of our options.
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 minimum 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 minimum 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 minimum 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 minimum days
Start Trading
Expert
$250,000
$2000
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
Master
Huge Profits
$400,000
$3600
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
1-Step
2-Step
1-Step
Crypto
2-Step
Crypto
1-Step Simulated Demo Challenge is the easiest of our options.
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 minimum 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 minimum 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 minimum 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 minimum days
Start Trading
Expert
$250,000
$2000
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
Master
Huge Profits
$400,000
$3600
one time fee
80% account gain share
10% profit target
6% max loss (trailing)
5% max daily loss
No time limit or minimum days
Start Trading
Our Platforms
CTRADER
DXTRADE
MATCH-TRADER
CTRADER
DXTRADE
MATCH-TRADER
CTRADER
DXTRADE
MATCH-TRADER
Frequently Asked Questions
Getting Started
Purchase a simulated demo challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to your account. You goal is to meet the assessment objectives, and once you do, you'll receive a new simulated demo account with fictive money 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?
You will use one of ours that is sent out to you after purchasing.
Rules for Monetized Demo Account
The rules for the challenge and monetized simulated demo accounts are exactly the same. However, with a monetized demo account, there is no profit target.
How long does it take to receive my monetized demo account?
Upon passing your challenge, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Monetized Demo Trader Agreement”. Once both are completed and supporting documentation is provided, your monetized demo account will be created typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the reward of gains in my monetized demo account?
You can request a withdrawal of the gains in your monetized demo account at any time in the dashboard, but no more frequently than once per thirty (30) days. So, if you make simulated gains, you can request a withdrawal by clicking the Withdraw Gains button in your dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the money to you. We reserve the right to change the withdrawal methods and options at any time.
The Max Trailing Drawdown is calculated based on the Closed Trade (Balance) High Water Mark on your simulated demo account, but it does not adjust downward from simulated losses—only from withdrawals. This means traders must be aware that while the trailing drawdown follows profitable performance, it can become more restrictive after withdrawals of rewards. Traders should be mindful of how withdrawals impact risk management. Even if an account remains above the original starting balance, a withdrawal can reduce the available drawdown buffer. A customer who withdraws too much too soon may unintentionally put their account at risk of breaching the Max Trailing Drawdown.
If I have a hard breach in my monetized demo account and there are gains in the account, do I forfeit those gains?
If you have gains in your monetized demo 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 monetized demo account and you grow that to $110,000. Should you then have a hard breach we would close the account. Of the gains still in your monetized demo account, you can withdraw your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your simulated demo 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 fictive starting balance.
1-Step Challenges (6% trailing):
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 fictive starting balance.
Example: If your fictive 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 fictive 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.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,400.
2-Step Challenges (8% trailing):
The Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a 8% return in your account. Once you have achieved a 8% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,200.
Daily Drawdown
How do you calculate the 5% Daily Cap Limit On 1-step & 2-Step Plans (not crypto, see below)?
The Daily Loss Limit is the maximum your simulated demo 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.
How do you calculate the 3% Daily Cap Limit on Crypto Plans?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your simulated demo crypto account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
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 simulated trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed for your demo account, details will automatically be sent to your email within 15-30 minutes, along with a link to the dashboard and a download link for the software. 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.
Monetized Simulated Demo Account:
Upon passing your Challenge/Assessment, you will receive an email with instructions on how to access and complete your Monetized Demo 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 monetized demo account will typically be created and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited simulated Trading as described below, you can use an automated strategy.
What is the policy on Prohibited Simulated Trading Activity?
You are also prohibited from using any strategy that is expressly prohibited by the Company or platforms 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 platforms
● Utilizing non-public and/or insider information
● Front-running of simulated trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a platform Provider or may result in the canceling of simulated trades
● Trading in any way that creates regulatory issues for the platform
● You are not allowed to simulate 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 (challenge) and then utilizing a different strategy in a monetized demo 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 simulated 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 monetized demo account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the platforms to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a monetized demo account.
● All-in gambling behaviour is not allowed. We're looking for long-term relationships with traders who want to sharpen their demo trading skills and do not take excessive "risk".
● Additionally, the Company reserves the right to disallow or block any customer 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations and Challenges. This is considered a Malicious Practice.
Trader Dashboard
Where do I track the progress of my simulated demo account?
Upon purchasing a challenge / assessment, you will receive access to a dashboard where you can monitor your demo challenge account, and monetized demo account. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Daily Cap Limit (Crypto Only plans)
These rules apply only to the Simulated Demo Crypto Only plans, not the regular 1 + 2-step plans.
What is the Daily Cap Limit for my demo crypto account?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your crypto demo account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your demo account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance demo account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
What happens if I exceed the 3% Cap Limit?
If your demo account exceeds the 3% gain or loss for the day, the system will automatically disable your demo account for trading, closing all open trades and canceling any pending orders. Trading will then be restricted for the remainder of the day.
When can I start trading again after exceeding the daily Cap Limit?
Crypto Only Trading Rules Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PM EST, or when the account falls back into the current day's Cap Limits.
When does my Daily Cap Limit reset?
Crypto Only Trading Rules At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account’s updated fictive balance for the new trading day.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products our virtual platforms offers, although such products may occasionally change. See complete list here.
What is the leverage on these simulated markets
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 platform, unless set by our rules. We do not have any control over the trading 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?
Monetized demo accounts receive the same simulated pricing and simulated commissions as charged by traditional platforms.
What is 1 lot equal to on the simulated virtual trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 Contract
Exceptions:
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, people from all countries, excluding OFAC listed countries, can take part in our demo programs, 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 a challenge / assessment.
Soft- vs hard breach
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all simulated trades that have violated the rule. However, you can continue trading in your demo challenge / assessment account or monetized demo 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 challenge / assessment or have your monetized demo account taken away.
How Do I Pay Tax?
When trading a monetized simulated demo 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 rewards from monetized demo 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. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once a client becomes a Monetized Demo Trader, they will receive a demo trading account with simulated funds.
Please note: both the Challenge and Monetized Demo Accounts are not live trading accounts. They operate in a fully simulated environment using real-time market quotes from liquidity providers. No real money is traded, and no orders are executed in live markets. All trades are simulated within a virtual environment.
No Scaling, $1,000,000 demo account limit
We do not offer scaling on our simulated demo accounts; however, you can have up to $1,000,000 in total challenges/assessments, and monetized demo accounts.
It is not allowed to have multiple challenges of the same account size at the same time. Once monetized with your demo account it is ok to have multiple monetized demo accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing of the simulated demo platforms or the execution of your fictive simulated trades.
Are there any position limits?
The maximum position size that you may open is determined by your available simulated margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the monetized demo account at any time, and to revise in response to market conditions the drawdown levels at which trading in the monetized demo account will be halted.
We or the platforms reserve the right to refuse to accept any order.
News & Weekend Rules
Can I place simulated trades 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 simulated demo 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 simulated markets that are open during the weekend.
Getting Started
Purchase a simulated demo challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to your account. You goal is to meet the assessment objectives, and once you do, you'll receive a new simulated demo account with fictive money 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?
You will use one of ours that is sent out to you after purchasing.
Rules for Monetized Demo Account
The rules for the challenge and monetized simulated demo accounts are exactly the same. However, with a monetized demo account, there is no profit target.
How long does it take to receive my monetized demo account?
Upon passing your challenge, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Monetized Demo Trader Agreement”. Once both are completed and supporting documentation is provided, your monetized demo account will be created typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the reward of gains in my monetized demo account?
You can request a withdrawal of the gains in your monetized demo account at any time in the dashboard, but no more frequently than once per thirty (30) days. So, if you make simulated gains, you can request a withdrawal by clicking the Withdraw Gains button in your dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the money to you. We reserve the right to change the withdrawal methods and options at any time.
The Max Trailing Drawdown is calculated based on the Closed Trade (Balance) High Water Mark on your simulated demo account, but it does not adjust downward from simulated losses—only from withdrawals. This means traders must be aware that while the trailing drawdown follows profitable performance, it can become more restrictive after withdrawals of rewards. Traders should be mindful of how withdrawals impact risk management. Even if an account remains above the original starting balance, a withdrawal can reduce the available drawdown buffer. A customer who withdraws too much too soon may unintentionally put their account at risk of breaching the Max Trailing Drawdown.
If I have a hard breach in my monetized demo account and there are gains in the account, do I forfeit those gains?
If you have gains in your monetized demo 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 monetized demo account and you grow that to $110,000. Should you then have a hard breach we would close the account. Of the gains still in your monetized demo account, you can withdraw your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your simulated demo 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 fictive starting balance.
1-Step Challenges (6% trailing):
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 fictive starting balance.
Example: If your fictive 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 fictive 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.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,400.
2-Step Challenges (8% trailing):
The Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a 8% return in your account. Once you have achieved a 8% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,200.
Daily Drawdown
How do you calculate the 5% Daily Cap Limit On 1-step & 2-Step Plans (not crypto, see below)?
The Daily Loss Limit is the maximum your simulated demo 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.
How do you calculate the 3% Daily Cap Limit on Crypto Plans?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your simulated demo crypto account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
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 simulated trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed for your demo account, details will automatically be sent to your email within 15-30 minutes, along with a link to the dashboard and a download link for the software. 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.
Monetized Simulated Demo Account:
Upon passing your Challenge/Assessment, you will receive an email with instructions on how to access and complete your Monetized Demo 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 monetized demo account will typically be created and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited simulated Trading as described below, you can use an automated strategy.
What is the policy on Prohibited Simulated Trading Activity?
You are also prohibited from using any strategy that is expressly prohibited by the Company or platforms 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 platforms
● Utilizing non-public and/or insider information
● Front-running of simulated trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a platform Provider or may result in the canceling of simulated trades
● Trading in any way that creates regulatory issues for the platform
● You are not allowed to simulate 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 (challenge) and then utilizing a different strategy in a monetized demo 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 simulated 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 monetized demo account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the platforms to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a monetized demo account.
● All-in gambling behaviour is not allowed. We're looking for long-term relationships with traders who want to sharpen their demo trading skills and do not take excessive "risk".
● Additionally, the Company reserves the right to disallow or block any customer 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations and Challenges. This is considered a Malicious Practice.
Trader Dashboard
Where do I track the progress of my simulated demo account?
Upon purchasing a challenge / assessment, you will receive access to a dashboard where you can monitor your demo challenge account, and monetized demo account. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Daily Cap Limit (Crypto Only plans)
These rules apply only to the Simulated Demo Crypto Only plans, not the regular 1 + 2-step plans.
What is the Daily Cap Limit for my demo crypto account?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your crypto demo account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your demo account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance demo account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
What happens if I exceed the 3% Cap Limit?
If your demo account exceeds the 3% gain or loss for the day, the system will automatically disable your demo account for trading, closing all open trades and canceling any pending orders. Trading will then be restricted for the remainder of the day.
When can I start trading again after exceeding the daily Cap Limit?
Crypto Only Trading Rules Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PM EST, or when the account falls back into the current day's Cap Limits.
When does my Daily Cap Limit reset?
Crypto Only Trading Rules At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account’s updated fictive balance for the new trading day.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products our virtual platforms offers, although such products may occasionally change. See complete list here.
What is the leverage on these simulated markets
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 platform, unless set by our rules. We do not have any control over the trading 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?
Monetized demo accounts receive the same simulated pricing and simulated commissions as charged by traditional platforms.
What is 1 lot equal to on the simulated virtual trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 Contract
Exceptions:
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, people from all countries, excluding OFAC listed countries, can take part in our demo programs, 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 a challenge / assessment.
Soft- vs hard breach
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all simulated trades that have violated the rule. However, you can continue trading in your demo challenge / assessment account or monetized demo 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 challenge / assessment or have your monetized demo account taken away.
How Do I Pay Tax?
When trading a monetized simulated demo 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 rewards from monetized demo 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. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once a client becomes a Monetized Demo Trader, they will receive a demo trading account with simulated funds.
Please note: both the Challenge and Monetized Demo Accounts are not live trading accounts. They operate in a fully simulated environment using real-time market quotes from liquidity providers. No real money is traded, and no orders are executed in live markets. All trades are simulated within a virtual environment.
No Scaling, $1,000,000 demo account limit
We do not offer scaling on our simulated demo accounts; however, you can have up to $1,000,000 in total challenges/assessments, and monetized demo accounts.
It is not allowed to have multiple challenges of the same account size at the same time. Once monetized with your demo account it is ok to have multiple monetized demo accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing of the simulated demo platforms or the execution of your fictive simulated trades.
Are there any position limits?
The maximum position size that you may open is determined by your available simulated margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the monetized demo account at any time, and to revise in response to market conditions the drawdown levels at which trading in the monetized demo account will be halted.
We or the platforms reserve the right to refuse to accept any order.
News & Weekend Rules
Can I place simulated trades 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 simulated demo 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 simulated markets that are open during the weekend.
Getting Started
Purchase a simulated demo challenge account here on the homepage. Once you have done so, you will receive an e-mail with login details to your account. You goal is to meet the assessment objectives, and once you do, you'll receive a new simulated demo account with fictive money 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?
You will use one of ours that is sent out to you after purchasing.
Rules for Monetized Demo Account
The rules for the challenge and monetized simulated demo accounts are exactly the same. However, with a monetized demo account, there is no profit target.
How long does it take to receive my monetized demo account?
Upon passing your challenge, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Monetized Demo Trader Agreement”. Once both are completed and supporting documentation is provided, your monetized demo account will be created typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.
Withdrawals
How do I withdraw the reward of gains in my monetized demo account?
You can request a withdrawal of the gains in your monetized demo account at any time in the dashboard, but no more frequently than once per thirty (30) days. So, if you make simulated gains, you can request a withdrawal by clicking the Withdraw Gains button in your dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the money to you. We reserve the right to change the withdrawal methods and options at any time.
The Max Trailing Drawdown is calculated based on the Closed Trade (Balance) High Water Mark on your simulated demo account, but it does not adjust downward from simulated losses—only from withdrawals. This means traders must be aware that while the trailing drawdown follows profitable performance, it can become more restrictive after withdrawals of rewards. Traders should be mindful of how withdrawals impact risk management. Even if an account remains above the original starting balance, a withdrawal can reduce the available drawdown buffer. A customer who withdraws too much too soon may unintentionally put their account at risk of breaching the Max Trailing Drawdown.
If I have a hard breach in my monetized demo account and there are gains in the account, do I forfeit those gains?
If you have gains in your monetized demo 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 monetized demo account and you grow that to $110,000. Should you then have a hard breach we would close the account. Of the gains still in your monetized demo account, you can withdraw your portion thereof.
Maximum Drawdown
Maximum drawdown is the maximum your simulated demo 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 fictive starting balance.
1-Step Challenges (6% trailing):
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 fictive starting balance.
Example: If your fictive 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 fictive 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.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,400.
2-Step Challenges (8% trailing):
The Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE - NOT equity) your account until you have achieved a 8% return in your account. Once you have achieved a 8% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance.
For example, for a $10,000 account, your maximum drawdown limit is initially set to $9,200.
Daily Drawdown
How do you calculate the 5% Daily Cap Limit On 1-step & 2-Step Plans (not crypto, see below)?
The Daily Loss Limit is the maximum your simulated demo 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.
How do you calculate the 3% Daily Cap Limit on Crypto Plans?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your simulated demo crypto account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
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 simulated trading activity on your account for 30 consecutive days.
When Do I Get My Account?
Challenge / Assessment:
Once your payment is processed for your demo account, details will automatically be sent to your email within 15-30 minutes, along with a link to the dashboard and a download link for the software. 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.
Monetized Simulated Demo Account:
Upon passing your Challenge/Assessment, you will receive an email with instructions on how to access and complete your Monetized Demo 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 monetized demo account will typically be created and issued to you within 24-48 business hours.
Robots / Malicious Practise
Can I use an Automated Strategy?
Subject to our policy on Prohibited simulated Trading as described below, you can use an automated strategy.
What is the policy on Prohibited Simulated Trading Activity?
You are also prohibited from using any strategy that is expressly prohibited by the Company or platforms 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 platforms
● Utilizing non-public and/or insider information
● Front-running of simulated trades placed elsewhere
● Trading in any way that jeopardizes the relationship that the Company has with a platform Provider or may result in the canceling of simulated trades
● Trading in any way that creates regulatory issues for the platform
● You are not allowed to simulate 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 (challenge) and then utilizing a different strategy in a monetized demo 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 simulated 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 monetized demo account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the platforms to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a monetized demo account.
● All-in gambling behaviour is not allowed. We're looking for long-term relationships with traders who want to sharpen their demo trading skills and do not take excessive "risk".
● Additionally, the Company reserves the right to disallow or block any customer 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=3acf83834396
Note:
There are numerous companies marketing and selling off-the-shelf robots aimed at passing Evaluations and Challenges. This is considered a Malicious Practice.
Trader Dashboard
Where do I track the progress of my simulated demo account?
Upon purchasing a challenge / assessment, you will receive access to a dashboard where you can monitor your demo challenge account, and monetized demo account. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
To log in, click "Login" > "Your Dashboard" in the main menu of this website.
Daily Cap Limit (Crypto Only plans)
These rules apply only to the Simulated Demo Crypto Only plans, not the regular 1 + 2-step plans.
What is the Daily Cap Limit for my demo crypto account?
The Daily Cap Limit is the maximum percentage of your fictive starting balance that your crypto demo account can move in any given day. The Daily Cap Limit is calculated using the previous day’s equity, which resets at 5 PM EST. In the event that the assets in your account move in excess of 3% of your starting balance from your previous day's equity in either direction, your positions will be closed out and your demo account will be locked until the start of the new trading day at 5 PM EST.
Example: For a 100k starting balance demo account, with a 3% Daily Cap. If the account finishes the day, with Equity at 101k, the next day’s limits will be 101k +/- 3k (i.e. 98k - 104k).
What happens if I exceed the 3% Cap Limit?
If your demo account exceeds the 3% gain or loss for the day, the system will automatically disable your demo account for trading, closing all open trades and canceling any pending orders. Trading will then be restricted for the remainder of the day.
When can I start trading again after exceeding the daily Cap Limit?
Crypto Only Trading Rules Trading restrictions will be lifted at the start of the next trading day, which begins at 5:00 PM EST, or when the account falls back into the current day's Cap Limits.
When does my Daily Cap Limit reset?
Crypto Only Trading Rules At 5:00 PM EST, your account will receive new trading bands based on your equity levels at the end of the prior day. The new +/- 3% Cap Limit will be recalculated and applied to your account’s updated fictive balance for the new trading day.
Markets, Conditions, Leverage, Slippage
What products can I trade?
You can trade any products our virtual platforms offers, although such products may occasionally change. See complete list here.
What is the leverage on these simulated markets
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 platform, unless set by our rules. We do not have any control over the trading 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?
Monetized demo accounts receive the same simulated pricing and simulated commissions as charged by traditional platforms.
What is 1 lot equal to on the simulated virtual trading platform?
Forex: 1 lot = $100k notional
Index: 1 lot = 1 Contract
Exceptions:
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, people from all countries, excluding OFAC listed countries, can take part in our demo programs, 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 a challenge / assessment.
Soft- vs hard breach
What is the difference between a Hard Breach and Soft Breach rule?
Soft breach means that we will close all simulated trades that have violated the rule. However, you can continue trading in your demo challenge / assessment account or monetized demo 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 challenge / assessment or have your monetized demo account taken away.
How Do I Pay Tax?
When trading a monetized simulated demo 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 rewards from monetized demo 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. This approach helps you manage your tax liabilities effectively and avoid any legal complications.
Am I Trading Demo account or Real Money?
Once a client becomes a Monetized Demo Trader, they will receive a demo trading account with simulated funds.
Please note: both the Challenge and Monetized Demo Accounts are not live trading accounts. They operate in a fully simulated environment using real-time market quotes from liquidity providers. No real money is traded, and no orders are executed in live markets. All trades are simulated within a virtual environment.
No Scaling, $1,000,000 demo account limit
We do not offer scaling on our simulated demo accounts; however, you can have up to $1,000,000 in total challenges/assessments, and monetized demo accounts.
It is not allowed to have multiple challenges of the same account size at the same time. Once monetized with your demo account it is ok to have multiple monetized demo accounts of the same account size.
No Stop Loss is Required
You do not need to set a stop loss.
Do we manipulate the pricing or executions?
Absolutely not. We do not have any control over pricing of the simulated demo platforms or the execution of your fictive simulated trades.
Are there any position limits?
The maximum position size that you may open is determined by your available simulated margin.
We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the monetized demo account at any time, and to revise in response to market conditions the drawdown levels at which trading in the monetized demo account will be halted.
We or the platforms reserve the right to refuse to accept any order.
News & Weekend Rules
Can I place simulated trades 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 simulated demo 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 simulated markets that are open during the weekend.
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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