Find the answers to all of your questions about the Trade House Funds funded trader program.
Rule Area | Challenge | Funded | Notes |
---|---|---|---|
Profit Target | 10% | — | Funded Account has no limit |
Daily Loss Limit | 5% | 5% | Equity-based, limit set by prior day balance (Hard Breach) |
Max Drawdown | 6% | 6% | Maximum drawdown is the maximum your 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 starting balance. This % is static and does not trail. |
Inactivity Period | 30 Days | 30 Days | Must place trade (Hard Breach) |
Leverage | 1:20 | 1:20 | Major FX Pairs and Spot Metals |
Profit Split | N/A | 75% | Can increase to 90% with purchase of add-on |
Flat for Weekend | Yes | Yes | You may hold positions over the weekend with purchase of the Weekend Hold add on |
Max Time | Unlimited | — | Take as long as you need |
Point-of-Sale add-on allows the trader to hold positions over the weekend (10%)
Point-of-Sale add-on that increases a trader’s potential share of the gains for funded accounts to 90% (up from the standard 75%) of the profit.
Rule Area | Instant FundING | Notes |
---|---|---|
Profit Target | N/A | Instant Funding Accounts have no profit target |
Daily Loss Limit | 5% | Equity-based, limit set by prior day balance (Hard Breach) |
Max Drawdown | 8% | Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach). Account locks at starting balance at payout. |
Inactivity Period | 30 Days | Must place trade (Hard Breach) |
Leverage | 1:50 | Major FX Pairs and Spot Metals |
Profit Split | 80% | Can increase to 90% with purchase of add-on |
Flat for Weekend | Yes | You may hold positions over the weekend with purchase of the Weekend Hold add-on |
Max Time | — | Take as long as you need |
Point-of-Sale add-on allows the trader to hold positions over the weekend (10%)
Point-of-Sale add-on that increases a trader’s potential share of the gains for funded accounts to 90% (up from the standard 75%) of the profit.
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day’s balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous
day’s equity since the balance only model allows you to scale profits without fear of losing your account. 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.
The Maximum Drawdown is initially set at 6% and is static (using CLOSED BALANCE) and will therefore remain at the same value for as long as the account will remain active.
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE, your Maximum Drawdown would remain locked at $94,000. So, regardless of how high your account goes, your drawdown will remain the same (note, you can still violate the daily drawdown).
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be
closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
Also, if you purchase the Hold Over Weekend add on this does not apply to your account.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your
account will be hard breached.
Upon passing your challenge, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting documentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours.
Once you pass the challenge, we provide you with a live account, backed by our capital. 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, stop loss and position limits apply.
No. We operate at arm’s length with the Broker. All market pricing and trade executions are provided by the Broker and are not changed or modified by us. Additionally, we do not markup transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
For the 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 the Broker.
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.
The maximum position that you may open is determined by your available margin. We reserve the right to increase the margin requirement, 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 Broker reserve the right to refuse to accept any order. |
The rules for the Funded Account are exactly the same as your challenge account. However, with a Funded Account, there is
no profit target.
If you have gains in your funded 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 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.
Traders can request a withdrawal of the gains in their Funded Account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make a gain in your Funded Account, you can request a withdrawal. When you are ready to withdraw the gains from your Funded Account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw.
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown will lock in at your starting balance. The 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 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 Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Drawdown will still lock in at the starting balance and will therefore result in the forfeiting of your Funded Account, as your balance will trigger the Maximum Drawdown breach rule.
We have risk management software that is synced with the accounts we create. This allows us to analyze your
performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
Subject to compliance with applicable laws and regulations, traders from all countries, excluding Pakistan, Vietnam, and OFAC listed countries,
can take part in our program.
You must be at least 18 years of age, or the applicable minimum legal age in your country, to purchase an assessment.
Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment
and Funded Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60
seconds. It is your responsibility to monitor your breach levels.
Our technology is currently integrated with DXtrade, MatchTrader & cTrader platforms via GooeyTrade
You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices, Metals, and Oil and Cryptocurrencies.
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
Please note that holidays can have an impact on available trading hours.
Funded accounts receive the same pricing and commissions as charged by our Liquidity Provider to other, self-funded, retail trading accounts.
Subject to our policy on Prohibited Trading as described below, you can trade using an automated strategy.
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 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.
● 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/?v=3acf83834396
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.
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.
Affiliates are credited for referrals when a user creates an account using a link or discount code provided by the Affiliate.
The Instant Funding Plan allows traders to start with a fully funded account without needing to complete an assessment phase.
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 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 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.