Question 1

How do I get started?

Accepted Answer

Purchase a simulated challenge account and receive your credentials via email within 15–30 minutes after payment is processed. You will also receive a link to download the trading software and access your dashboard. Your billing statement will show the charge as "dashboardanalytix.com".

Question 2

How does the withdrawal process work?

Accepted Answer

You can request a withdrawal of your gains at any time, and then once every 30 days. Withdrawals are made via crypto wallet (e.g., Rise) and can be transferred to your bank account. You retain 80% of all simulated gains.

Question 3

What are soft vs. hard breaches?

Accepted Answer

A soft breach results in affected trades being closed, but trading may continue. A hard breach (violating the daily loss limit or maximum drawdown) results in challenge failure or the monetized account being removed.

Question 4

What is the inactivity rule?

Accepted Answer

If you do not place any simulated trades for 30 consecutive calendar days, your account will be considered breached.

Question 5

What is the policy on Prohibited Trading Activity?

Accepted Answer

You are prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers it uses. Prohibited Trading includes, but is not 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 • 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 be terminated and may include forfeiture of any fees paid to the Company. Additionally, before any Trader shall receive a funded account, the trading activity of the Trader shall be reviewed by both the Company and the Liquidity Provider to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded account. The Company reserves the right to disallow or block any Trader from participating in the program for any reason, in the Company's sole and absolute discretion. To view all Prohibited Uses, please review our Terms and Conditions.

Question 6

What leverage is available?

Accepted Answer

Forex: 30:1 | Metals: 10:1 | Indices: 10:1 | Oil: 5:1 | Crypto: 2:1. Commissions are the same as traditional simulated platform fees.

Question 7

Is real money being traded?

Accepted Answer

No. All trading occurs in a fully simulated environment using real-time market prices from liquidity providers. No real money is traded and no orders are executed in live markets.

Question 8

Can I have multiple accounts?

Accepted Answer

You cannot hold multiple challenge accounts of the same size at the same time. After monetization, you may have multiple monetized accounts of the same size. The maximum total across all accounts is $1,000,000.

Question 9

Are news event trades allowed?

Accepted Answer

Opening positions within 3 minutes before or after scheduled news events is prohibited. Violations risk position closure, P&L removal, leverage reduction, or account termination. Weekend trading is allowed on markets that operate on weekends.

Question 10

Does a hard breach lose my gains?

Accepted Answer

Yes. If you have a hard breach on your monetized demo account, any accumulated gains in the account will be forfeited. If you purchased the Payout Protector add-on, your gains are protected.

Question 11

What countries are eligible?

Accepted Answer

All countries are eligible except OFAC-listed nations (subject to company discretion). Minimum age is 18 years or your local legal minimum. Monetized demo traders are considered independent contractors responsible for reporting income per local tax laws.

Question 12

How is the max trailing drawdown calculated? (1-Step)

Accepted Answer

The Maximum Trailing Drawdown starts at 6% and trails your account using your Closed Trade (Balance) High Water Mark — not equity. It does not adjust downward from trading losses, only from withdrawals. Once you achieve a 6% return on your starting balance, the drawdown locks permanently at your starting balance. Example: A $100,000 account starts with a max loss level of $94,000. If your closed balance reaches $106,000, the drawdown locks at $100,000.

Question 13

How is the daily loss limit calculated? (1-Step)

Accepted Answer

The daily loss limit is 5% and resets at 5:00 PM EST. It is calculated using the greater of your previous day's closing balance or equity. If you finished the day with open positions in profit, equity is used. Example: A $100,000 account with a 5% daily limit means you cannot lose more than $5,000 in a single trading day.

Question 14

What are the monetized account rules? (1-Step)

Accepted Answer

The rules are identical to the challenge, except there is no profit target. Upon passing, you will receive your monetized demo account typically within 24–48 business hours after completing KYC verification and submitting your agreement.

Question 15

How is the max trailing drawdown calculated? (2-Step)

Accepted Answer

The Maximum Trailing Drawdown starts at 8% and trails your account using your Closed Trade (Balance) High Water Mark — not equity. It does not adjust downward from trading losses, only from withdrawals. Once you achieve an 8% return on your starting balance, the drawdown locks permanently at your starting balance. Example: A $100,000 account starts with a max loss level of $92,000.

Question 16

How is the daily loss limit calculated? (2-Step)

Accepted Answer

The daily loss limit is 5% and resets at 5:00 PM EST. It is calculated using the greater of your previous day's closing balance or equity. If you finished the day with open positions in profit, equity is used. Example: A $100,000 account with a 5% daily limit means you cannot lose more than $5,000 in a single trading day.

Question 17

What are the monetized account rules? (2-Step)

Accepted Answer

The rules are identical to the challenge, except there is no profit target. Upon passing, you will receive your monetized demo account typically within 24–48 business hours after completing KYC verification and submitting your agreement.

Question 18

How is the max trailing drawdown calculated? (1-Step Crypto)

Accepted Answer

The Maximum Trailing Drawdown starts at 6% and trails your account using your Closed Trade (Balance) High Water Mark — not equity. Once you achieve a 6% return, the drawdown locks permanently at your starting balance.

Question 19

What is the 3% daily cap limit? (1-Step Crypto)

Accepted Answer

The Daily Cap Limit is the maximum percentage of your starting balance that your crypto account can move in any given day. It is calculated using the previous day's equity, resetting at 5:00 PM EST. If your account moves more than 3% from the previous day's equity in either direction, positions are automatically closed and trading is disabled until 5:00 PM EST the next trading day.

Question 20

What happens if I exceed the daily cap? (1-Step Crypto)

Accepted Answer

The system will automatically close all open trades, cancel pending orders, and disable trading for the remainder of the day. Trading resumes at 5:00 PM EST the next trading day, or when the account falls back within the daily cap limits.

Question 21

How is the max trailing drawdown calculated? (2-Step Crypto)

Accepted Answer

The Maximum Trailing Drawdown starts at 8% and trails your account using your Closed Trade (Balance) High Water Mark — not equity. Once you achieve an 8% return, the drawdown locks permanently at your starting balance.

Question 22

What is the 3% daily cap limit? (2-Step Crypto)

Accepted Answer

The Daily Cap Limit is the maximum percentage of your starting balance that your crypto account can move in any given day. It is calculated using the previous day's equity, resetting at 5:00 PM EST. If your account moves more than 3% from the previous day's equity in either direction, positions are automatically closed and trading is disabled until 5:00 PM EST the next trading day.

Question 23

What happens if I exceed the daily cap? (2-Step Crypto)

Accepted Answer

The system will automatically close all open trades, cancel pending orders, and disable trading for the remainder of the day. Trading resumes at 5:00 PM EST the next trading day, or when the account falls back within the daily cap limits.

Question 24

What is the Instant Funding Plan?

Accepted Answer

The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.

Question 25

How is the Trailing Max Drawdown calculated? (Instant Funding)

Accepted Answer

The Maximum Trailing Drawdown is initially set at 8% and trails (using CLOSED BALANCE — NOT equity) your account until you have achieved a pre-defined % return. Once achieved, the drawdown locks permanently at your starting balance. Example: $100,000 account can draw down to $92,000. If CLOSED BALANCE reaches $108,000, the drawdown locks at $100,000.

Question 26

How do I withdraw the gains in my Instant Funded Account?

Accepted Answer

Traders can request a withdrawal of the profits in their funded account through their trader dashboard at any time. However, withdrawals are limited to one request every 30 days. The minimum withdrawal amount is the greater of $100 or 1% of the account's starting balance.

Question 27

Do I need to complete KYC or sign a trader contract to start trading?

Accepted Answer

A Trading contract and KYC are both required, however to start trading using our Instant Funding Plan, these steps won't need to be completed until you request a withdrawal.

Question 28

What happens if I do not pass KYC?

Accepted Answer

If you fail to pass the KYC process when requesting a withdrawal, the withdrawal will be rejected, your gains forfeited, and your account closed. We strongly encourage you to ensure you meet KYC requirements before choosing the Instant Funding Plan.

Question 29

What is the Consistency Rule? (Instant Lite)

Accepted Answer

A 25% consistency rule applies to Lite Plans. This means that no single trading day's profit may exceed 25% of your total profit over the life of the account. This rule promotes stable performance and risk management rather than single-day gains.

Question 30

What is the Maximum Drawdown? (Instant Lite)

Accepted Answer

The maximum drawdown is set at 5% of the starting balance and trails your closed balance until it reaches the starting balance, at which point it locks. Example: On a $100,000 account, your trailing drawdown begins at $95,000 and moves upward as your account gains. Once it reaches $100,000, it locks permanently.

Question 31

What is the Daily Loss Limit? (Instant Lite)

Accepted Answer

The Daily Loss Limit for Instant Lite plans is 3% and is the maximum amount an account may lose in a single trading day. This limit resets each day at 5:00 PM EST. It is calculated using the greater of the prior day's end of day balance or equity.

Question 32

What is the Profit Buffer and how does it work? (Instant Lite)

Accepted Answer

The 3% profit buffer defines when you can begin making withdrawals. Traders must first achieve a profit of at least 3% on their starting balance before becoming eligible to withdraw. The first 3% remains in the account as a buffer. Example: On a $100,000 account, once the balance reaches $103,000, the first $3,000 remains as a buffer, and any additional gains can be requested for withdrawal.

Question 33

When can I request my first withdrawal? (Instant Lite)

Accepted Answer

Your first withdrawal may be requested once the 3% profit buffer has been achieved AND you have met the 25% Consistency Requirement. After that, withdrawals can be made once every 14 days.

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