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Sim. gain target means that a trader reaches a simulated gain target specified in the plan of the initial demo account simulated balance in the sum of closed positions. The trading period is unlimited and the simulated gain target can be met without any time restrictions.
5%
Sim. gain target means that a trader reaches a simulated gain target specified in the plan of the initial demo account simulated balance in the sum of closed positions. The trading period is unlimited and the simulated gain target can be met without any time restrictions.
5%
The daily simulated loss limit is set at 5% for all phases. It means that at any moment during the trading day (EE(S)T – Eastern European Summer Time), the decrease in simulated equity should not exceed this predetermined limit. To calculate the current daily simulated loss, you subtract the current simulated equity from the simulated balance at the start of the day using the formula: Current daily simulated loss = simulated balance at the start of the day - current simulated equity.
8%
The 'account stop-loss' rule, also known as the Maximum Loss/Max Loss/Overall Loss, is an important component of our trading plans at SeacrestMarkets. It sets a predetermined value that represents the maximum allowable simulated loss between your initial demo account simulated balance and current simulated equity. The maximum loss rule ensures that your simulated equity does not fall below a specified value for the duration of your challenge. It is calculated by determining the fixed figure representing the difference between your demo initial account simulated balance and the current simulated equity.
3 Days
Traders are required to have at least 3 profitable days within the trading period. This rule helps in assessing the consistency and reliability of the trading strategies employed by our traders, ensuring they can sustain profitability over time.
30:1
Unlimited
Challenges
Live
Challenges
Live
The simulated gain target is lower than in a one-step challenge and decreases further as you advance to the second stage. This makes the goal more straightforward and easier to achieve.
The daily simulated loss limit is 1% higher than in a one-step challenge, giving you a greater sense of calm and confidence throughout your trading day.
No complicated formulas here! Your overall loss is set from the start and stays consistent, keeping the challenge straightforward and easy to manage.
There is only one step to receiving live simulated trader status. The conditions of the challenge do not change and remain stable until the end of the passage. With the right amount of experience, you can start managing a demo account with up to $200k in just 24 hours — it’s all up to you.