Trading During News Events

You are allowed to trade during news events without any restrictions. Trade confidently at any time and on any financial instrument.

Use of Automated Trading Systems

The use of automated trading robots (Expert Advisors) that open and close trades automatically is not allowed on our trading platform. However, the use of Expert Advisors for risk or money management purposes (such as setting lot size or risk levels) is permitted.

Number of Proprietary Trading Accounts

Each trader can have as many prop accounts as they want, but the maximum total capital they can have is $250,000.

Swap Fees in Prop Trading

Swap fees apply to prop trading accounts, but there are no restrictions on when trades can be closed. You can close your trades anytime.

Profit Withdrawals

Profit withdrawals in two step and one step challenges are processed biweekly, and traders can withdraw 90% of profits from one-phase and two-phase accounts, and up to 70% from direct real accounts.Please note that traders are required to withdraw their profits once they reach a 20% gain.
For direct-to-live challenges, all traders who successfully complete the evaluation and reach the live account stage can withdraw profits at any time. However, they are required to withdraw their profits once they reach a 10% gain.
If traders do not withdraw their profits after achieving a 10% gain, only 10% of the profits will be credited to them, and any additional profits will not be considered.

Referral Bonus

You can earn a referral bonus ranging from a minimum of 8% up to 30% for each friend who successfully registers for the prop trading program.

Target Goals

Targets refer to the profit amount a trader must achieve to successfully pass the challenge stages.
Example: In the chosen plan, the first stage target is an 8% profit. In a $50,000 account, to pass phase one, the account profit should reach $4,000. Please note that on the real account, the profit target is Unlimited . Account details will be sent to your email, and it is the trader’s responsibility to keep them secure.

Violation of Rules

If you violate any of the rules of the prop trading program, whether in the test period or real prop account, your account will be automatically deactivated, and the prop trading contract will be terminated. If you wish to trade again, you must pay the relevant fee from the beginning.

Scalping

Please note that if the number of profitable trades lasting less than one minute exceeds 6, the account will be rejected.

Traders who receive a real (funded) account after passing the challenges must not take high-risk trades or use a large portion of their equity in a single trade. We expect our prop traders to act like professional traders and avoid excessively risky strategies.

Similar Trades or Hedging in Multiple Prop Accounts

As long as copy trading, signals, or tools that replicate trades from one account to another are not used, executing similar trades across multiple accounts owned by the same person is not an issue.

However, using tools such as copy trading experts or signal services to transfer trades between accounts is strictly prohibited and considered a violation of the rules.

For example:

• In Account No. 99501, a buy trade is opened on the EUR/USD currency pair.
• In Account No. 99502, a sell trade is opened on the GBP/USD currency pair.

This type of trading is also considered hedging and will be treated as a violation.

Please carefully follow the rules to avoid potential issues.

Capital Increase

Once a trader receives a real account, they may apply for capital increases based on the selected plan’s capital growth potential.
For example, if a plan allows for a 100% capital increase, and the trader earns 10% of the initial balance in the first month, they may request an additional 100% capital, up to $100,000 and for packages below $100,000. The UnFX Prop financial analysis team will assess the trader’s account based on the created risks, and the capital increase percentage will be determined.
For example, for a $10,000 package, if the trader earns $1,000 in profit and does not violate other conditions, they can request a capital increase. This would increase their account balance from $10,000 to $20,000.
Note that profit refers to the total profit after closing all trades and deducting trading fees such as commission, swap, and account losses. Each trader can request a capital increase only once.

Challenges above $100,000 will not be eligible for capital scaling.

Additional Rules

In the Unicorn plan, during the challenge stage in the real account, the profit share increases to 70% after achieving a 30% target.

Floating Risk Rules for Prop Accounts:

Maximum Risk:

The maximum allowable risk is calculated based on each trade or the total open trades.

Slippage and Rules:

• If exceeding the risk limit occurs due to slippage (e.g., account drawdown increases from 3% to 3.2%), it is not considered a violation.
• Recommendation: Set the risk limit slightly below the maximum allowed to minimize the chance of a violation caused by slippage.

Additional Notes:

• Floating risk rules do not affect the daily or overall drawdown percentages.
• Exceeding drawdown limits (daily or overall), even due to slippage, is considered a rule violation.
• After completing the challenges, all rules and conditions will be thoroughly reviewed to ensure full compliance.
• Please note that the contract size for clients transitioning to the real account stage is adjusted based on Unicorn’s liquidity. These settings are implemented to ensure optimal execution and risk management across different markets.

Summary of Permissible Floating Risk Rules in Prop Accounts:

Maximum risk is calculated based on each trade or the total of open trades.

Slippage & Rules:

• If exceeding the risk limit is caused by slippage (e.g., account drawdown going from 3% to 3.2%), it is not considered a violation.

• Recommendation: Set your risk limit slightly below the allowed threshold to minimize the chances of violating the rules due to slippage.

Floating risk rules do not affect the daily or overall drawdown percentages.
Exceeding the drawdown limits (daily or overall), even due to slippage, is considered a violation.

Additional Notes:

• Setting a stop loss is not mandatory; only the actual account drawdown is evaluated.

Stop Loss Considerations:

• Setting a stop loss is not mandatory; only account drawdown levels are monitored.