Conditions

Standard Swing Phase 1 BOT Free trial
Trading Days
Unlimited
Min. Trading Days
3
Phase1 Profit Target
8%
Phase2 Profit Target
5%
Number of phases
2
Total Drawdown
12%
Daily Drawdown
5%
Trading Weekends
No (during the funded phase) / Yes (during the challenge phases)
Leverage (add on)
1:100
Refund (add on)
The price will increase by 20% from initial challenge price if you choose to get your refund at 1st payout.
Pay-outs (add on)
30 days after the end of month / within the 15 days after the end of month (the price will increase by 20% from initial challenge price)
Splits
1st Pay-out: 75% client / 25% MyPowerFunds
2nd Pay-out: 80% client / 20% MyPowerFunds
3rd and further Pay-out: 85% client / 15% MyPowerFunds
Pay-outs
1.) Min. 1% / Max. 6%
2.) Min. 1% / Max. 7%
3.) Min. 1% / Max. 8%
4.) Min. 1% / Max. Unlimited
In case the profit exceed the maximum withdrawal %, exceeding amount will be removed.
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Challenge Phases Conditions
  1. Trading news is allowed.
  2. Trading and modifying of orders during the news is allowed only for positions opened before the news.
  3. Holding of trades during the weekend is allowed.
  4. Expert Advisor (Bot) trading is not allowed in any of the phases.
  5. If the trading account is inactive for more than 30 days, the account will be terminated.
  6. Hedging between the accounts is allowed.
  7. Hedge Arbitrage, Reverse Arbitrage, Latency Arbitrage, Tick Scalping, Server Spamming and High Frequency Trading (HFT) is not allowed.
Funded Account Conditions
  1. Trading News and Modifying of orders only - 5 mins before and 5 mins after news.
  2. News Trading - Holding the positions during the news is allowed. Positions cannot be entered/closed/modified in the period of 5 minutes before the news announcement and 5 minutes after the news announcement. If the take profit or stop loss is filled within this period, profit of affected positions will be withdrawn from the account.
  3. Holding of trades during the weekend is allowed for challenge phases.
  4. Holding the positions during the weekend is not allowed for funded phase. All positions will be closed within the 5 minutes before the market closing.
  5. Expert Advisor (Bot) trading is not allowed in any of the phases.
  6. Hedging between the accounts is not allowed.
  7. Hedge Arbitrage, Reverse Arbitrage, Latency Arbitrage, Tick Scalping, Server Spamming and High Frequency Trading (HFT) is not allowed.
  8. The maximum used margin for one or multiple trades cannot be more than 50%.
  9. If any of the above rules is violated 3 times the account will be terminated.
  10. If the trading account is inactive for more than 30 days, the account will be terminated.
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