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The applicant must pass a two-stage test in order to be granted a UNFXB-PROP trading account. The test is divided into two stages, with the first stage lasting 30 calendar days. If the applicant passes this step, he moves on to the second stage, which lasts 60 days. He will be able to conduct UNFXB-PROP transactions with the designated capital (in accordance with the applicant’s package purchase). Each month, the trading agreement in the REAL, UNFXB – PROP account will be renewed. To continue trading and take profits, the trader must reach his monthly goal.
It displays the monthly contract for the UNFXB-PROP trading account as well as the minimum trading days for each test stage.
The trader must have traded in the first stage of the test at least 10 days out of every 30. The minimum volume trading in a day is 0.2 for every $10,000.
For every $10,000 in the account, the trader must have traded for at least 15 days within the second portion of the 60-day period, The minimum volume trading in a day is 0.2 for every $10,000.
The trader’s daily loss in each stage is a predetermined and fixed amount.
The maximum daily loss for $10,000 capital (normal mode) is $500.
If the daily loss exceeds the specified limit, the account will be immediately deactivated for 24 hours.
For a capital of $10,000 (normal mode),
Example 1: If you open two positions in one day and close one of them with a loss of $200, your account will be deactivated as soon as the P/L of transactions reaches -300 while the other position is open.
Example 2: If you opened two trading positions in one day and closed one with a profit of $500 but a loss of $410, your P/L is +90$ and your account will not be deactivated; however, if you do not close the position and continue with the same conditions the next day, your account will be automatically deactivated.
The equity of the trader’s account should not have lost more than $1,000 during the entire trading period, whether during the double test stages or when the trader received the REAL UNFXB-PROP account.
For example, if a trading account has a capital of $10,000, the account’s equity should never fall below $1,000.
Profit and loss from open and closed trades, swaps, commissions, and all trading costs are all included in the equity calculation.
The term “target profit” refers to the net profit realized after all deals were closed after each phase. Any closed positions’ profit and loss as well as all transaction expenses, including as commissions and swaps, will be applied to determine profit.
The trader’s account will be canceled if he fails to make the desired profit, and he will then need to purchase the package once more in order to continue taking part in the prop trading program. For information on the terms of discounts and exceptions, click here
Only entering this program (the first stage) contains the registration price that you can pay from different deposit ports in your user cabin. If the trader can have a REAL UNFXB-PROP, and reaches the targeted target in the first month, the registration fee will be reimbursed.
Step 1 : Start Challenge
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Step 2 : Assertion
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Step 3 : UNFXB Trader
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30 days
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60 days
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Indefinite
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10 days
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15 days
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X
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$500
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$500
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$500
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$1000
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$1000
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$1000
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$1000
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$1500
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$1000
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$1000
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$1500
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X
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$96
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$120
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Refund
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