Instant FX/CFD

  Trade a live funded account straight away, with no assessment. Adhere to the maximum trailing drawdown level as outlined in the FAQs, avoid losing more than 5% per day, and trade at least once every 30 days.

Furthermore, there is an extra option that you can purchase which allows you to carry trades over weekends – if you haven’t purchased this option any open trades will be automatically closed on Friday ahead of the weekend.

As long as you stay within the drawdown criteria, you will keep 80% of the gains, or 90% if you have purchased this extra option.

It’s as simple as that. There are no other hidden requirements, constraints, frequency or allocation rules, or time limits. 

Upon completion of payment, we provide you with an Instant Funding account, backed by our capital.   You will receive an email with instructions on how to access this account on the platform you chose at checkout. 

The capital in your Funded Account is notional and may not match the amount of capital on deposit with the Broker. 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 change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Trailing Drawdown and position limits apply. 

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.

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.

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. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will lock in at the starting balance and trigger the Maximum Trailing Drawdown breach rule, resulting in the forfeiture of your Funded Account.

Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.

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.

Charges come across in the name of dashboardanalytix.com.

You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an Instant Funding account.

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 penalize traders who inadvertently trade through a news event.

Instant Funded Accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.  

Trading hours are generally set by the Liquidity Provider, 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  

Subject to compliance with applicable laws and regulations, traders from all other countries, excluding OFAC listed countries, can take part in our program,

unless otherwise limited at the Company’s discretion.

We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on Oil and up to 2:1 leverage on Cryptocurrencies.

A maximum of $190,000 in active Instant Funding plans per person is permitted, consisting of up to one of each plan size.

You are also prohibited from using any trading strategy that is expressly prohibited by the Company or the Liquidity Providers 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

● 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 in cooperation with Prop Account, LLC at their discretion

● Attempting to arbitrage an assessment or funded account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.

●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 penalize traders who inadvertently trade through a news event.

●No Gambling Permitted : When participating in trading on both Challenge and Instant Funded Accounts, traders are expected to adhere to responsible risk management practices. This includes carefully considering the risks associated with position size, trade duration, and hedging strategies. Taking excessive risks, such as utilizing maximum leverage to open large positions with the hope of reaching profit targets through a single price movement, is strictly prohibited. Please refer to the Terms and Conditions for the full Prohibition of Gambling Practices language.

● 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, and before any Trader shall receive a funded account, the trading activity of the Trader under these Terms and Conditions 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.

● Additionally, 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 here, https://dashboardanalytix.com/client-terms-and-policies/

Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade.

You can trade any products streamed by the Liquidity Provider into the available platforms, as such products may change from time to time. This includes FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies.

Upon purchasing an Instant Funding Plan, you will receive access to a trader dashboard where you can monitor your Instant Funded Account. The dashboard is updated in near real time as we calculate your account metrics. It is your responsibility to monitor your breach levels.

We utilize an aggregate source of pricing and liquidity from multiple brokers and liquidity providers. The current liquidity providers use a number of different tier 1 banks, prime brokers, market makers and other liquidity sources to derive their pricing, and those underlying liquidity providers change constantly. Aggregating liquidity providers while maintaining multiple sources of liquidity allows us to provide competitive pricing and execution, while reducing reliance on a sole liquidity provider.

All market pricing and trade executions are provided by the brokers, without any alterations or modifications on our part. Moreover, we do not adjust transaction costs such as bid-offer spreads, markups/markdowns or swaps beyond what is set by our brokers.

Please note that the composition of liquidity providers may vary depending on the trading platform.

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 Loss limit 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 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.

For Instant Funding plans that use a Trailing Max Drawdown, 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 in your account. Once you have achieved the % 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 $92,000 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 $94,000. Next, let's say you take your account to $108,000 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.

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.

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

● Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Funded Account.

● Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule or the Inactivity rule. Violation of these rules constitute a hard breach. In the event you have a hard breach, you will have your Funded Account taken away.

Positions can be held over the weekend if the Weekend Hold add-on has been purchased, although only Crypto is available for weekend trading.

Copy trading is only permitted when all accounts engaged in copy trading are owned by you. Group trading, signal services, passing services, or any other

methods that bypass individual strategy are not allowed. Engaging in trades that mirror or closely align with another trader or group of traders across multiple accounts is strictly prohibited.

If you have gains in your funded account at the time of a hard breach, you can still request the withdrawal of 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 $10,000 in gains in your funded account, you would be paid your portion thereof.

The maximum position that you may open is generally determined by your available margin.

We reserve the right to increase the margin requirement, limit the max order size or limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the liquidity provider(s) reserve the right to refuse to accept any order.

No. We do not have any control over pricing from the liquidity provider(s) or on the executions on your trades.

For purposes of managing risk and minimizing 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.