Frequently Asked Questions

TradingPLUS Step1 is the foundational stage of our evaluation process. Before you can access your TradingPLUS Account, we must ensure that you can trade responsibly and effectively manage risk. Your simulated trades during this phase will serve as a basis for your future trading in real financial markets.

During the TradingPLUS Step1 stage, you’ll encounter reasonable rules and guidelines designed to help you succeed. The Profit Target is aligned with the allowable drawdown, forming what we refer to as the Trading Objectives.

There is no time limit for achieving the Profit Target, making the Trading Period indefinite. The minimum requirement to complete TradingPLUS Step1 is to trade for at least 5 trading days. Once you meet all the Trading Objectives and your results are reviewed, you can advance to the TradingPLUS Step2 phase. Below are the Trading Objectives you will need to fulfill.

 Trading period
Having peace of mind is essential for focusing entirely on your trading performance. To minimize unnecessary pressure on our traders, the Trading Period is completely unlimited. With TradingPLUS, you can take all the time you need to reach your Profit Target.

 Minimum Trading Days
To fulfill this requirement, you must trade for a minimum of 5 days during the current cycle, opening at least one position each day. A trading day is defined as any day when at least one trade is executed. If a trade spans multiple days, only the day on which the trade was initiated counts as the trading day.

 Maximum Daily Loss
This rule, often referred to as the “trader’s daily stop-loss,” is set at 5% of your account balance. This means that at any moment during the day (GMT+2), the total of all closed position results combined with your current floating profits/losses must not exceed this daily loss limit. The formula for calculating your current daily loss is:

Current Daily Loss = Results of Closed Positions for the Day + Results of Open Positions For instance, if you have a TradingPLUS Step1 account balance of $200,000, your Maximum Daily Loss would be $10,000. If you incur a loss of $8,000 from closed trades, your account cannot decline by more than $2,000 that day, including any open floating losses. This limit includes commissions and swaps.

Conversely, if you earn a profit of $5,000 in one day, you can afford to lose up to $15,000, but not more. Keep in mind that your Maximum Daily Loss also includes open trades. For example, if you close trades with a $6,000 loss and subsequently open a new trade that goes into a floating loss of -$5,700 but eventually turns profitable, it’s too late; your daily loss would have reached -$11,700 at one point, exceeding the permitted limit of $10,000.

Be aware that the Maximum Daily Loss resets at midnight (GMT+2). For example, if you close a day with a $4,000 profit but have an open position with a floating loss of $13,000, your current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position), so you wouldn’t violate the limit. However, if you hold that position past midnight, the daily loss limit would be breached, as the previous day’s profit does not carry over into a new day and the open loss of $13,000 exceeds the $10,000 maximum allowed.

The Maximum Daily Loss provides traders with enough leeway while ensuring a clearly defined daily risk for investors. This rule benefits both traders and investors by preventing account values from dropping below the established limit, hence it incorporates potential floating losses.

 Maximum Loss
This rule can be termed the "account stop-loss." The equity of your trading account must not fall below 90% of the initial account balance at any point during the account's duration. For a TradingPLUS Step1 account with a balance of $100,000, the lowest allowable equity would be $90,000. This calculation considers both closed and open positions (account equity, not just balance).

The logic is similar to that of the Maximum Daily Loss, but this applies over the entire duration of the evaluation period rather than just a single day. This limit also includes commissions and swaps. The 10% buffer allows traders enough space to demonstrate their account’s suitability for investment, providing a cushion to keep them in the game even if they experience initial losses. This assurance benefits investors by ensuring that a trader's account cannot drop below 90% of its value under any circumstances.

 Profit Target
The Profit Target for TradingPLUS Step1 is set at 10% of the initial balance, while for TradingPLUS Step2, it is 6%. This means a trader must achieve a profit from the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. Please note that to progress to the next phase, all positions must be closed. For example, if you are trading TradingPLUS Step1 with a $100,000 account balance, your profit target would be $10,000 for Step1 and $6,000 for Step2.

The Trading PLUS Step2 stage is the final step in our evaluation process, aimed at assessing your trading consistency. We want to ensure that you can successfully execute your trading system or strategy profitably over the long term while adhering to the established rules.

The Trading PLUS Step2 stage features easier Trading Objectives compared to Step1, as the Profit Target is reduced by half. Similar to the first step, you have an unlimited amount of time to meet these objectives.

Once you successfully meet all the Trading Objectives and your results are reviewed, you can finalize your Trading PLUS Identity to sign the contract for your Trading PLUS Account.

No need to wait any longer!

As a Trading PLUS Trader, we have confidence in your trading skills and risk management abilities, which is why we provide you with top-rated trading conditions. To alleviate the stress of meeting profit targets, we’ve removed the Profit Target requirement, allowing you to trade with peace of mind. The only Trading Objectives you need to focus on are the drawdown rules, specifically the Maximum Daily Loss and Maximum Loss. These key rules are the foundation of our trading philosophy.

As a TradingPLUS Trader, you may trade freely during all news releases while in the Step 1 and Step 2 phases of your evaluation process. However, once both evaluation steps are successfully completed, adherence to news trading restrictions becomes essential to mitigate risks associated with market volatility.To ensure fair trading practices, TradingPLUS imposes restrictions during the Funded stage, prohibiting trade execution on designated instruments from two minutes before to two minutes after the release of specified high-impact news events. These restrictions include the opening or closing of positions, modification of orders, and activation of pending orders.Trade execution involves initiating, modifying, or closing a position through various order types, including but not limited to:

• Market Orders – Immediate execution at the prevailing market price
• Pending Orders – Orders that activate when the market reaches a predefined price (e.g., limit and stop orders)
• Stop-Loss Orders – Automatic closure of a position to limit losses
• Take-Profit Orders – Closure of a position when the price reaches the predefined profit target

Executing a trade—including market orders, triggered pending orders, or the activation/modification of stop-loss and take-profit orders—within the restricted time frame constitutes a violation of the TradingPLUS news trading policy. Violations may result in corrective actions such as trade cancellations, account suspension or termination, or other penalties deemed necessary to ensure compliance. Additionally, all profits gained will be forfeited and will not be available for withdrawal.During restricted news events, traders may continue trading unaffected instruments as usual. For example, pairs such as EURGBP or AUDNZD may be traded freely during the US Non-Farm Payroll (NFP) release, whereas instruments like USDJPY or GBPUSD should not be opened or closed within the restricted window.Traders can monitor news release schedules using the FxStreet Economic Calendar (https://www.fxstreet.com/economic-calendar), where restricted events are clearly marked with a red marker for easy identification.Note: The restrictions outlined above do not apply to Step 1 or Step 2 accounts; traders in these phases may trade freely during all news events.

During the Step 1 and Step 2 stages of your Trading PLUS evaluation, there is no requirement to close your positions overnight or over the weekend—you have the flexibility to keep them open as you choose.

However, once you become a Trading PLUS Trader and receive your Trading PLUS Account, it is essential to close your positions before the weekend market close or if the rollover (market break) exceeds 2 hours. As a Trading PLUS Trader, adhering to market timings is crucial, as different asset classes and instruments may have varying trading hours.

Standard market hours are available on our trading platforms and on our Symbols page, but please note that these hours may change due to major holidays or other events. We recommend regularly checking the Trading Updates section for any changes.

In MetaTrader, you can view standard market hours for any instrument by opening Market Watch (Ctrl+M), right-clicking on the instrument, and selecting Specification. Scroll down to find the Trade hours for that instrument. In cTrader, go to Markets, right-click the instrument, and select Market Symbol to view trade hours.

If you trade cryptocurrencies, be aware that some can be traded during specific hours over the weekend as well.