What is the maximum loss I am allowed to risk on a trade?Risk management is of the utmost importance. This shows us that you are capable of managing risk and trading at an expert level. You will have a maximum OVERALL loss (or absolute drawdown including floating profits/losses), a fixed amount that is associated with your account. This will be monitored strictly, and if broken, will result in account termination.
You can only risk 2% per pair and placing a stoploss is mandatory.
If you have purchased the no stop loss add-on, you can risk any pPopular
Do I need to be consistent in my trades?FTUK traders should demonstrate logical risk throughout their trading month. We do not limit your risk or lot size on situations. For this reason, you are expected to use consistent risk throughout each trading month. We ask our traders to adhere to the following guidelines:
Traders should use consistent risk each day.
Traders should use a consistent trading style throughout their trading month. You may also choose to use multiple styles, but if so, this pattern would also need to be consisPopular
Does FTUK allow all trading styles?We allow all different profitable trading styles, the trader is free to manage their account using any strategy including scalping, day trading, swing trading and news trading.Popular
Which instruments am I allowed to trade?You can use all the instruments available in your Eightcap watchlist. This includes Forex, Commodities, Indices and cryptocurrencies.Some readers
I have reached the maximum drawdown, what now?Should you violate the drawdown rule, but wish to remain in the program, we allow you to re-join after payment of the standard activation fee. Please note that this agreement is subject to change at any time. We reserve the right to terminate your account at any given time if we feel you are exhibiting behaviour not aligned with our guidelines.
Trading accounts are carefully and honestly evaluated.Some readers
Am I allowed to change my trading behaviour?Our main objective is to find profitable traders and earn profits for both ourselves and our traders. If we notice any large increases in lot sizes or other changes that result in substantial risk, we may step in to provide help and support so the trader can remain on track. This only applies to traders taking excessive risk and displaying behaviour that does not align with the rest of their trades.
Traders need to show logical and profitable behaviour in their trading. Illogical trading behaviSome readers