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General

Can I use an EA?

If you intend to use trading robots (Expert Advisors – EAs), please note that if you use a third-party EA, there may be other traders who are already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run the risk of being denied your RPF Account if you exceed the maximum capital allocation rule.

 

Please note that the platform’s servers are limited to 200 orders at a time and 2000 maximum positions per day, as well as limited acceptance of server messages (orders and order modifications such as updating TP/SL and limit order updates). If your EA causes hyperactivity to a platform server, we may alert you and ask you to adjust the EA’s logic or your strategy parameters.

What is the max scaling and how does it work?

Max scaling is up to $5,000,000.

 

If you receive a payout of 8% or more within a 4 month period and at least 3 of those 4 months were profitable, we will increase your account size by 40% of the original account size.

For example a $100,000 account will scale up to $140,000 within the first scaling period.

 

Do I receive a refund after passing?

You will receive 125% of your refund back along with your first payout.

How does the profit split increase work?

You will start with a 85/15 profit split on the 2 step challenge and 80/20 with the 1 step challenge. 

 

To qualify for a profit split increase, you must have actively been trading your account and have received (2) payouts. 

 

Profit split increase will go from 85/15 to 90/10 on 2 step challenges. 

 

Profit split increase will go from 80/20 to 85/15 and later 90/10 on 1 step challenges.

When can I withdraw?

You can withdraw every 14-days after getting your account.
For your profit split day, every open position must be closed in order for you to submit your withdrawal. If you have open positions, your withdrawal cannot be approved.

How are taxes handled?

When trading an account for our firm, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your profit share. We offer no advice on handling taxes.

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