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This brief statement does not disclose all the risks and other significant aspects of trading in leveraged investments. Considering the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. You should carefully consider whether trading is appropriate for you, with careful consideration paid to your experience, objectives, financial resources, and other circumstances. Never trade with money you cannot afford to lose.

 

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THE XLTRADE ONE MILLION DOLLAR EXPERIENCE | scaling plan
HOW TO GET THERE?
 
STEP ONE | EVALUATION

FIRST YOU'LL GET AN EVALUATION ACCOUNT IN THE AMOUNT OF $ 100 000.
THE EVALUATION SPANS OVER SIXTY (60) CALENDAR DAYS. THE EVALUATION WILL BE SHORTENED TO THIRTY (30) CALENDAR DAYS IF YOU DEMONSTRATE IMPECCABLE TRADING. FIND THE PARAMETERS BELOW.
 
STEP TWO | FUNDING

UPON SUCCESSFUL COMPLETION OF THE EVALUATION, YOU WILL RECEIVE A FUNDED ACCOUNT IN THE AMOUNT OF $ 100 000.

PROFIT PARTICIPATION

WITH THE FUNDED ACCOUNT YOU'LL BECOME ELIGIBLE FOR A PROFIT PARTICIPATION IN
THE AMOUNT OF 90% OF ALL PROFITS GENERATED.

IF YOU ARE HAPPY WITH THAT LEVEL YOU CAN LEAVE IT LIKE THAT. IN THE EVENT OF POSITIVE RETURNS, YOU CAN REQUEST A PROFIT PAYOUT EACH WEEK. THERE ARE NO PROFIT TARGETS IMPOSED ON THE FUNDED ACCOUNT. YOU CAN TRADE YOUR STYLE WITHOUT ANY RESTRICTIONS. YOU JUST NEED TO REMAIN WITHIN THE RISK RANGE.

IF YOU ARE GOOD AND IF YOU AIM TO GET TO A HIGHER LEVEL, YOU CAN STEP HIGHER.
THERE ARE VIRTUALLY NO LIMITS.

STEP THREE | THE XLTRADE ONE MILLION DOLLAR MILESTONES

IF YOU MANAGE TO ACHIEVE A 10% PERFORMANCE ON THE FUNDED ACCOUNT WITHIN THIRTY (30) CALENDAR DAYS, WE'LL SET YOUR ACCOUNT TO 
 
$ 200 000.

THE SAME IS TRUE WHEN YOU ACHIEVE A 10% PERFORMANCE ON THE 200K ACCOUNT. 
WE THEN WILL SET YOUR ACCOUNT TO 
 
$ 500 000.

IF YOU ARE ABLE TO ACHIEVE A PERFORMANCE OF 10% ON THE 500K ACCOUNT AGAIN,
YOU WILL RECEIVE A FUNDED ACCOUNT IN THE AMOUNT OF
 
$ 1,000,000.

IF YOU ACHIEVE THAT LEVEL WITH A SOUND TRADING STRATEGY WITHIN THE RISK PARAMETERS,
YOU ARE DEEMED TO BE A TALENTED AND CONSISTENT TRADER.


FULL POTENTIAL OF SUCCESS | NO LIMITS

WITH XLTRADE, THE JOURNEY OF SUCCESS DOES NOT END AT ONE MILLION DOLLARS. 
IF YOU DEMONSTRATE TO TRADE SUCCESSFULLY ON A CONSISTENT BASIS ON THE ONE MILLION DOLLAR ACCOUNT, THE XLTRADE EVALUATION TEAM WILL INVITE YOU TO A PERSONAL MEETING AND DISCUSS WITH YOU AT WHAT CONDITIONS YOU WILL TRADE BEYOND THE ONE MILLION DOLLAR LEVEL.
 
AT THAT LEVEL, YOU HAVE THE POTENTIAL TO BECOME AN XLTRADE ELITE TRADER WITH ACCESS TO SUBSTANTIAL TRADING CAPITAL.

AT THAT LEVEL REAL SUCCESS TAKES PLACE!

CONDITIONS

The first stage is to become a FUNDED TRADER up to USD 1 Million. Once a trader has successfully passed

the initial evaluation, the trader receives a funded account in the amount of USD 100 000 for trading.

The trader is then eligible for a profit payout in the amount of 90 % of the profits generated during

each performance cycle.

 

In order to step up to USD 1 Million, the trader must pass the XLTRADE milestones. The first step is to achieve

a performance target of 10% within thirty calendar days on the funded account. In the event of success, the trader will receive a funded account in the amount of USD 200 000. The next step following the same procedure is USD 500 000 and the last step following the same procedure is USD 1 Million.

The second stage, if a trader wants to expand to the highest level, is to become an XLTRADE ELITE TRADER.  
Based on the performance generated on the funded account in the amount of USD 1 Million, XLTRADE'S evaluation team decides at what conditions a trader will receive capital beyond USD 1 Million.

 

AT THAT LEVEL THERE ARE VIRTUALLY NO LIMITS FOR A PASSIONATE TRADER.


XLTRADE  FUNDING

Below we describe the requirements and procedure to become a funded trader.
The first step every trader has to pass is the initial evaluation.

EVALUATION

  • DURATION   SIXTY CALENDAR DAYS | minimum 30 days

  • MINIMUM PERFORMANCE   TEN PERCENT | 10% | EACH CYCLE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  FIVE PERCENT | 5%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • EA TRADING   YES

 

DURATION
The duration of the evaluation period is sixty (60) calendar days starting with the date trading has commenced. The evaluation period may be shortened to thirty calendar days (30) in the event a trader generates impeccable results.

Example: If a trader starts on the 5th of a month, the evaluation period ends on the 60th day after trading has commenced.
Extension:
XLTRADE may extend the evaluation period to ninety calendar days to properly evaluate a trader's trading strategy.


PERFORMANCE TARGET

A performance target of 10% has to be achieved during each performance cycle. 
Example: If a trader starts trading on the 5th of a month, the target has to be achieved within 30 calendar days and the performance cycle ends on the 30th day of the following month.

 

PERFORMANCE CYCLE

A performance cycle is thirty calendar days starting periodically at the day trading has commenced.

Example: If a trader starts trading on the 5th of a month, the performance cycle starts on the 5th of

the month and ends on the 30th day of the following month.

 

MAXIMUM ACCOUNT DRAWDOWN

At any time, the account balance must be maintained within a moderate risk range and must not drop below 5% at any given time of the relevant cycle during the evaluation period.

The high watermark for the account drawdown is the start balance and the realized/unrealized balance or equity (whatever is higher) each Friday at 12 pm, PT thereafter.

EXAMPLE:

Start balance: The account balance or the realized/unrealized equity must not drop below the

USD 95 000 level based on the start balance (USD 100 000).

Account increase: In the event, the account grows (to USD 106,000 as an example) and the account balance or realized/unrealized equity sits at USD 106,000 on a Friday, 12 pm, PT, the assessment basis is

USD 106,000 (high watermark) and holds for the following week (drawdown level USD 100 700).

In the event, the account grows, the high watermark adjusts accordingly each Friday, 12 pm, PT.

In the event, the account value drops below USD 106,000, the historically highest value

(high watermark (USD 106,000)) represents the assessment basis for the maximum drawdown.

MAXIMUM DAILY DRAWDOWN

There are no restrictions on the daily exposure, but a trader is required to maintain a moderate risk level

in order to avoid the maximum account drawdown during the trading week.

 

OVERNIGHT POSITIONS

Open positions may be maintained overnight.

 

OVER WEEKEND POSITIONS

Open positions may be maintained over the weekend.

 

STRATEGY RESTRICTIONS

There are no strategy restrictions. A trader may trade any style and/or utilize any EA as long as the risk parameters are maintained.
 

INSTRUMENTS TRADED

All instruments may be traded without any restrictions, including:

  • Equity Indices

  • Forex Majors

  • Forex Crosses

  • Cryptos

  • Metals

  • Commodities

 

TRADING PLATFORM

At the evaluation level and the funded level, a trader trades on the MT4/MT5 platform with access data

provided by XLTRADE.

 

RELEVANT TIME ZONE

The relevant time zone for all trading is GMT -4 (EDT/EST).

TERMINATION

Any account will be terminated in the event of

  • the maximum account drawdown

  • failure to commence trading
     

In the event of termination, the evaluation may be repeated (the setup fee applies again).

At any time, XLTRADE is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader.

 

NUMBER OF ACCOUNTS

A trader is allowed to combine up to five evaluation accounts at one registration. The accounts may be managed simultaneously by using a trade copier implemented by the trader. On request, XLTRADE merges all accounts into one single account at funded status.
 

EVALUATION ACCOUNT

During the evaluation period, a trader trades on an evaluation account in the amount of

USD 100 000 exclusively set up for the trader.

 

FUNDED ACCOUNT
After the successful completion of the evaluation, the trader will become eligible for funding in the amount of USD 100 000 and is entitled to step up in accordance with XLtrade's milestones.

  • MINIMUM PERFORMANCE  TEN PERCENT | 10% | each cycle | step up

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • PROFIT SHARE   NINETY PERCENT | 90%

  • PROFIT PAYOUT   WEEKLY | IN FULL OR IN PART

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  TEN PERCENT | 10%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

PROFIT SHARE

After the evaluation period, a trader is no longer bound to the 10 % profit target, unless the trader aims to achieve the one Million Dollar level. A trader is entitled to receive a share of 90% of the profits generated during each performance cycle.

 

PROFIT PAYOUT

The trader receives his/her account summary each Friday, EOD, GMT -4 (EDT/EST).

XLTRADE releases the payout immediately once approved and requested by the trader.  

A trader has the option to request the profit payout in full or in part.

 

SETUP PROCEDURE – EVALUATION

Upon successful payment of the setup fee, a trader will receive a link to download the

  • EVALUATION ACCOUNT

which is on the MT4 platform provided by XLTRADE using the latest technology.
 

Further, a trader will receive her/his personal

  • ACCESS DATA

in order to access the account within 24 hours.
 

​After a trader has received the relevant access data, the trader must commence trading within seven calendar days in order to avoid termination.

SETUP PROCEDURE – FUNDED ACCOUNT

In the event a trader has passed the evaluation period in compliance with the given performance and risk parameters, the trader will receive a

  • USD  100 000 FUNDED ACCOUNT

being eligible for a profit share in the amount of

  • NINETY PERCENT | 90%

after each cycle in the event of positive returns.

 

The drawdown tolerance on a funded account is

  • TEN PERCENT | 10%


PERFORMANCE MILESTONES

In order to step up to USD 1 Million, the trader must pass several performance milestones. The first step is to achieve a performance target of 10% within thirty calendar days on the funded account. In the event of success, the trader will receive a funded account in the amount of 

  • USD 200 000.

The next step following the same procedure is

  • USD 500 000

and the last step following the same procedure is

  • USD 1 Million.

At each achieved performance milestone, the trader is eligible for profit participation in the amount of ninety percent (90%).

SCENARIOS - EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target at any given cycle during the evaluation period, the trader has the chance to start the evaluation again (a trader receives a free repeat (no fees apply)).

  • In the event, a trader finalizes any given month during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event, a trader hits the maximum account drawdown, the trader has the chance to repeat the evaluation process (the setup fee applies again).

SCENARIOS - FUNDED ACCOUNT

  • In the event, a trader achieves positive results at any given week, the trader
    is eligible for profit payout in the amount of ninety percent (90%) of the achieved profits after
    each week.

  • In the event a trader achieves negative results at any given week, the trader
    is not obliged to cover the losses. Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader hits the maximum account drawdown, any account will be terminated with immediate effect.

REFUND OF SETUP FEE
In the event of a 10% profit generated in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

AGREEMENT

When a trader starts the evaluation or has received a funded account, the trader agrees and is bound

to the conditions above.

XLTRADE CONDITIONS | 500k lite

XLTRADE  FUNDING

Below we describe the requirements and procedure to become a funded trader.
The first step every trader has to pass is the initial evaluation.

EVALUATION

  • DURATION  SIXTY CALENDAR DAYS | 60 

  • MINIMUM PERFORMANCE  10% EACH CYCLE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • MAX. ACCOUNT DRAWDOWN  FIVE PERCENT | 5% 

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • EA TRADING  YES

 

DURATION
The duration of the evaluation period is sixty calendar days (60) starting with the date trading has commenced. The evaluation period is divided into two performance cycles of each 30 calendar days.

The evaluation period may be shortened to thirty calendar days (30) in the event a trader generates impeccable results.

Example: If a trader starts on the 5th of a month, the evaluation period ends on the 60th day after trading has commenced.

Extension: XLTRADE may extend the evaluation period to ninety calendar days to properly evaluate a trader's trading strategy.


PERFORMANCE TARGET
A performance target of 10% has to be achieved during each performance cycle. 
Example: If a trader starts trading on the 5th of a month, the target has to be achieved within 30 calendar days and the performance cycle ends on the 30th day of the following month.

 

PERFORMANCE CYCLE

A performance cycle is thirty calendar days starting periodically at the day trading has commenced.

Example: If a trader starts trading on the 5th of a month, the performance cycle starts on the 5th of

the month and ends on the 30th day of the following month.

 

MAXIMUM ACCOUNT DRAWDOWN

At any time, the account balance must be maintained within a moderate risk range and must not drop below 5% during each performance cycle for the entire evaluation period. The high watermark for the account drawdown is the start balance and the realized/unrealized balance or equity (whatever is higher) each Friday at 12 pm, PT thereafter.

EXAMPLE:

Start balance: The account balance or the realized/unrealized equity must not drop below the

USD 475 000 level based on the start balance (USD 500 000).

Account increase: In the event, the account grows (to USD 520 000 as an example) and the account balance or realized/unrealized equity sits at USD 520 000 on a Friday, 12 pm, PT, the assessment basis is

USD 520 000 (high watermark) and holds for the following week (drawdown level USD 494 000).

In the event, the account grows, the high watermark adjusts accordingly each Friday, 12 pm, PT.

In the event, the account value drops below USD 520 000, the historically highest value

(high watermark USD 520 000) represents the assessment basis for the maximum drawdown.

MAXIMUM DAILY DRAWDOWN

There are no restrictions on the daily exposure but a trader is required to maintain a moderate risk level

in order to avoid the maximum account drawdown during the trading week.

 

OVERNIGHT POSITIONS

Open positions may be maintained overnight.

 

OVER WEEKEND POSITIONS

Open positions may be maintained over the weekend.

 

STRATEGY RESTRICTIONS

There are no strategy restrictions. A trader may trade any style and/or utilize any EA as long as the risk parameters are maintained.

 

INSTRUMENTS TRADED

  • Equity Indices

  • Forex Majors

  • Forex Crosses

  • Cryptos

  • Metals

  • Commodities

 

TRADING PLATFORM

At the evaluation level and the funded level, a trader trades on the MT4/MT5 platform with access data

provided by XLTRADE.

 

RELEVANT TIME ZONE

The relevant time zone for all trading is GMT -4  (EDT/EST).

TERMINATION

Any account will be terminated in the event of

  • the maximum account drawdown

  • failure to commence trading
     

In the event of termination, the evaluation may be repeated. The assessment fee (setup fee) applies again.

At any time, XLTRADE is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader.

 

NUMBER OF ACCOUNTS

A trader is allowed to combine up to five evaluation accounts at one registration. The accounts may be managed simultaneously by using a trade copier implemented by the trader. On request, XLTRADE merges all accounts into one single account at funded status.

 

EVALUATION ACCOUNT

During the evaluation period, a trader trades on an evaluation account in the amount of

USD 500 000 exclusively set up for the trader.

 

FUNDED ACCOUNT
After the successful completion of the evaluation, the trader becomes eligible for funding in the amount of USD 500 000 and is entitled to profit payout in the event of success.

  • MINIMUM PERFORMANCE   NONE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • PROFIT SHARE   NINETY PERCENT | 90%

  • PROFIT PAYOUT  WEEKLY | IN FULL OR IN PART

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  FIVE PERCENT | 5%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • ACCOUNT INCREASE  25% | PER THREE MONTHS

PROFIT SHARE

After the evaluation period, a trader is no longer bound to the 10 % profit target.

The trader will receive a share of 90% of the profits generated during each performance cycle.

 

PROFIT PAYOUT

The trader receives his/her account summary each Friday, EOD, GMT -4 (EDT/EST).

XLTRADE releases the payout within 24 hours once approved and requested by the trader.  

A trader has the option to request the profit payout in full or in part.

SETUP PROCEDURE – EVALUATION

Upon successful payment of the setup fee, a trader receives the link for the

  • EVALUATION ACCOUNT

implemented on the MT4/MT5 platform provided by XLTRADE.
 

Further, a trader receives her/his personal

  •  ACCOUNT LOGIN DETAILS 

in order to access the account within 24 hours.
 

Upon receipt of the account login details,  the trader is required to commence trading within seven calendar days in order to avoid termination.


SETUP PROCEDURE – FUNDED ACCOUNT

In the event a trader has passed the evaluation in compliance with the given performance and risk parameters, the trader receives a

  • USD 500 000 FUNDED ACCOUNT

being eligible for a profit share in the amount of

  • NINETY PERCENT | 90%

after each performance cycle in the event of positive returns.

 

A funded account is no longer bound to the 10% profit target, but risk parameters are maintained.

 

SCENARIOS - EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target at any given performance cycle during the evaluation period, the trader has the chance to start the evaluation again (the trader receives a free repeat (no fees apply)).

  • In the event, a trader finalizes any given performance cycle during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event a trader hits the maximum account drawdown, the trader has the chance to repeat the evaluation (the setup fee applies again).

SCENARIOS - FUNDED ACCOUNT

  • In the event, a trader achieves positive results at any given week, the trader is eligible for a weekly profit payout in the amount of ninety percent (90%) of the achieved profits.

  • In the event a trader achieves negative results at any given week, the trader is not obliged to cover the losses.

  • Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader hits the maximum account drawdown, any account will be terminated with immediate effect.

REFUND OF SETUP FEE
In the event of a 10% profit generation in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE (TOP-UP)

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

AGREEMENT

When a trader starts the evaluation or has received a funded account, the trader agrees and is bound

to the conditions above.

 
 
 

XLTRADE CONDITIONS | 100k lite

XLTRADE  FUNDING

Below we describe the requirements and procedure to become a funded trader.
The first step every trader has to pass is the initial evaluation.

EVALUATION

  • DURATION  SIXTY CALENDAR DAYS | 60 

  • MINIMUM PERFORMANCE  10% EACH CYCLE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • MAX. ACCOUNT DRAWDOWN  FIVE PERCENT | 5% 

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • EA TRADING  YES

 

DURATION
The duration of the evaluation period is sixty calendar days (60) starting with the date trading has commenced. The evaluation period is divided into two performance cycles of each 30 calendar days.

The evaluation period may be shortened to thirty calendar days (30) in the event a trader generates impeccable results.

Example: If a trader starts on the 5th of a month, the evaluation period ends on the 60th day after trading has commenced.

Extension: XLTRADE may extend the evaluation period to ninety calendar days to properly evaluate a trader's trading strategy.


PERFORMANCE TARGET
A performance target of 10% has to be achieved during each performance cycle. 
Example: If a trader starts trading on the 5th of a month, the target has to be achieved within 30 calendar days and the performance cycle ends on the 30th day of the following month.

 

PERFORMANCE CYCLE

A performance cycle is thirty calendar days starting periodically at the day trading has commenced.

Example: If a trader starts trading on the 5th of a month, the performance cycle starts on the 5th of

the month and ends on the 30th day of the following month.

 

MAXIMUM ACCOUNT DRAWDOWN

At any time, the account balance must be maintained within a moderate risk range and must not drop below 5% during each performance cycle for the entire evaluation period. The high watermark for the account drawdown is the start balance and the realized/unrealized balance or equity (whatever is higher) each Friday at 12 pm, PT thereafter.

EXAMPLE:

Start balance: The account balance or the realized/unrealized equity must not drop below the

USD 95 000 level based on the start balance (USD 100 000).

Account increase: In the event, the account grows (to USD 106 000 as an example) and the account balance or realized/unrealized equity sits at USD 106 000 on a Friday, 12 pm, PT, the assessment basis is

USD 106 000 (high watermark) and holds for the following week (drawdown level USD 100 700).

In the event, the account grows, the high watermark adjusts accordingly each Friday, 12 pm, PT.

In the event, the account value drops below USD 106 000, the historically highest value

(high watermark USD 106 000) represents the assessment basis for the maximum drawdown.

MAXIMUM DAILY DRAWDOWN

There are no restrictions on the daily exposure but a trader is required to maintain a moderate risk level

in order to avoid the maximum account drawdown during the trading week.

 

OVERNIGHT POSITIONS

Open positions may be maintained overnight.

 

OVER WEEKEND POSITIONS

Open positions may be maintained over the weekend.

 

STRATEGY RESTRICTIONS

There are no strategy restrictions. A trader may trade any style and/or utilize any EA as long as the risk parameters are maintained.

 

INSTRUMENTS TRADED

  • Equity Indices

  • Forex Majors

  • Forex Crosses

  • Cryptos

  • Metals

  • Commodities

 

TRADING PLATFORM

At the evaluation level and the funded level, a trader trades on the MT4/MT5 platform with access data

provided by XLTRADE.

 

RELEVANT TIME ZONE

The relevant time zone for all trading is GMT -4  (EDT/EST).

TERMINATION

Any account will be terminated in the event of

  • the maximum account drawdown

  • failure to commence trading
     

In the event of termination, the evaluation may be repeated. The assessment fee (setup fee) applies again.

At any time, XLTRADE is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader.

 

NUMBER OF ACCOUNTS

A trader is allowed to combine up to five evaluation accounts at one registration. The accounts may be managed simultaneously by using a trade copier implemented by the trader. On request, XLTRADE merges all accounts into one single account at funded status.

 

EVALUATION ACCOUNT

During the evaluation period, a trader trades on an evaluation account in the amount of

USD 500 000 exclusively set up for the trader.

 

FUNDED ACCOUNT
After the successful completion of the evaluation, the trader becomes eligible for funding in the amount of USD 500 000 and is entitled to profit payout in the event of success.

  • MINIMUM PERFORMANCE   NONE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • PROFIT SHARE   NINETY PERCENT | 90%

  • PROFIT PAYOUT  WEEKLY | IN FULL OR IN PART

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  FIVE PERCENT | 5%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • ACCOUNT INCREASE  25% | PER THREE MONTHS

PROFIT SHARE

After the evaluation period, a trader is no longer bound to the 10 % profit target.

The trader will receive a share of 90% of the profits generated during each performance cycle.

 

PROFIT PAYOUT

The trader receives his/her account summary each Friday, EOD, GMT -4 (EDT/EST).

XLTRADE releases the payout within 24 hours once approved and requested by the trader.  

A trader has the option to request the profit payout in full or in part.

SETUP PROCEDURE – EVALUATION

Upon successful payment of the setup fee, a trader receives the link for the

  • EVALUATION ACCOUNT

implemented on the MT4/MT5 platform provided by XLTRADE.
 

Further, a trader receives her/his personal

  •  ACCOUNT LOGIN DETAILS 

in order to access the account within 24 hours.
 

Upon receipt of the account login details,  the trader is required to commence trading within seven calendar days in order to avoid termination.


SETUP PROCEDURE – FUNDED ACCOUNT

In the event a trader has passed the evaluation in compliance with the given performance and risk parameters, the trader receives a

  • USD 100 000 FUNDED ACCOUNT

being eligible for a profit share in the amount of

  • NINETY PERCENT | 90%

after each performance cycle in the event of positive returns.

 

A funded account is no longer bound to the 10% profit target, but risk parameters are maintained.

 

SCENARIOS - EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target at any given performance cycle during the evaluation period, the trader has the chance to start the evaluation again (the trader receives a free repeat (no fees apply)).

  • In the event, a trader finalizes any given performance cycle during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event a trader hits the maximum account drawdown, the trader has the chance to repeat the evaluation (the setup fee applies again).

SCENARIOS - FUNDED ACCOUNT

  • In the event, a trader achieves positive results at any given week, the trader is eligible for a weekly profit payout in the amount of ninety percent (90%) of the achieved profits.

  • In the event a trader achieves negative results at any given week, the trader is not obliged to cover the losses.

  • Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader hits the maximum account drawdown, any account will be terminated with immediate effect.

REFUND OF SETUP FEE
In the event of a 10% profit generation in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE (TOP-UP)

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

AGREEMENT

When a trader starts the evaluation or has received a funded account, the trader agrees and is bound

to the conditions above.

 

XLTRADE CONDITIONS | 50k lite

XLTRADE  FUNDING

Below we describe the requirements and procedure to become a funded trader.
The first step every trader has to pass is the initial evaluation.

EVALUATION

  • DURATION  SIXTY CALENDAR DAYS | 60 

  • MINIMUM PERFORMANCE  10% EACH CYCLE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • MAX. ACCOUNT DRAWDOWN  FIVE PERCENT | 5% 

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • EA TRADING  YES

 

DURATION
The duration of the evaluation period is sixty calendar days (60) starting with the date trading has commenced. The evaluation period is divided into two performance cycles of each 30 calendar days.

The evaluation period may be shortened to thirty calendar days (30) in the event a trader generates impeccable results.

Example: If a trader starts on the 5th of a month, the evaluation period ends on the 60th day after trading has commenced.

Extension: XLTRADE may extend the evaluation period to ninety calendar days to properly evaluate a trader's trading strategy.


PERFORMANCE TARGET
A performance target of 10% has to be achieved during each performance cycle. 
Example: If a trader starts trading on the 5th of a month, the target has to be achieved within 30 calendar days and the performance cycle ends on the 30th day of the following month.

 

PERFORMANCE CYCLE

A performance cycle is thirty calendar days starting periodically at the day trading has commenced.

Example: If a trader starts trading on the 5th of a month, the performance cycle starts on the 5th of

the month and ends on the 30th day of the following month.

 

MAXIMUM ACCOUNT DRAWDOWN

At any time, the account balance must be maintained within a moderate risk range and must not drop below 5% during each performance cycle for the entire evaluation period. The high watermark for the account drawdown is the start balance and the realized/unrealized balance or equity (whatever is higher) each Friday at 12 pm, PT thereafter.

EXAMPLE:

Start balance: The account balance or the realized/unrealized equity must not drop below the

USD 47 500 level based on the start balance (USD 50 000).

Account increase: In the event, the account grows (to USD 52 000 as an example) and the account balance or realized/unrealized equity sits at USD 52 000 on a Friday, 12 pm, PT, the assessment basis is

USD 52 000 (high watermark) and holds for the following week (drawdown level USD 49 400).

In the event, the account grows, the high watermark adjusts accordingly each Friday, 12 pm, PT.

In the event, the account value drops below USD 52 000, the historically highest value

(high watermark USD 52 000) represents the assessment basis for the maximum drawdown.

MAXIMUM DAILY DRAWDOWN

There are no restrictions on the daily exposure but a trader is required to maintain a moderate risk level

in order to avoid the maximum account drawdown during the trading week.

 

OVERNIGHT POSITIONS

Open positions may be maintained overnight.

 

OVER WEEKEND POSITIONS

Open positions may be maintained over the weekend.

 

STRATEGY RESTRICTIONS

There are no strategy restrictions. A trader may trade any style and/or utilize any EA as long as the risk parameters are maintained.

 

INSTRUMENTS TRADED

  • Equity Indices

  • Forex Majors

  • Forex Crosses

  • Cryptos

  • Metals

  • Commodities

 

TRADING PLATFORM

At the evaluation level and the funded level, a trader trades on the MT4/MT5 platform with access data

provided by XLTRADE.

 

RELEVANT TIME ZONE

The relevant time zone for all trading is GMT -4  (EDT/EST).

TERMINATION

Any account will be terminated in the event of

  • the maximum account drawdown

  • failure to commence trading
     

In the event of termination, the evaluation may be repeated. The assessment fee (setup fee) applies again.

At any time, XLTRADE is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader.

 

NUMBER OF ACCOUNTS

A trader is allowed to combine up to five evaluation accounts at one registration. The accounts may be managed simultaneously by using a trade copier implemented by the trader. On request, XLTRADE merges all accounts into one single account at funded status.

 

EVALUATION ACCOUNT

During the evaluation period, a trader trades on an evaluation account in the amount of

USD 500 000 exclusively set up for the trader.

 

FUNDED ACCOUNT
After the successful completion of the evaluation, the trader becomes eligible for funding in the amount of USD 500 000 and is entitled to profit payout in the event of success.

  • MINIMUM PERFORMANCE   NONE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • PROFIT SHARE   NINETY PERCENT | 90%

  • PROFIT PAYOUT  WEEKLY | IN FULL OR IN PART

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  FIVE PERCENT | 5%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • ACCOUNT INCREASE  25% | PER THREE MONTHS

PROFIT SHARE

After the evaluation period, a trader is no longer bound to the 10 % profit target.

The trader will receive a share of 90% of the profits generated during each performance cycle.

 

PROFIT PAYOUT

The trader receives his/her account summary each Friday, EOD, GMT -4 (EDT/EST).

XLTRADE releases the payout within 24 hours once approved and requested by the trader.  

A trader has the option to request the profit payout in full or in part.

SETUP PROCEDURE – EVALUATION

Upon successful payment of the setup fee, a trader receives the link for the

  • EVALUATION ACCOUNT

implemented on the MT4/MT5 platform provided by XLTRADE.
 

Further, a trader receives her/his personal

  •  ACCOUNT LOGIN DETAILS 

in order to access the account within 24 hours.
 

Upon receipt of the account login details,  the trader is required to commence trading within seven calendar days in order to avoid termination.


SETUP PROCEDURE – FUNDED ACCOUNT

In the event a trader has passed the evaluation in compliance with the given performance and risk parameters, the trader receives a

  • USD 50 000 FUNDED ACCOUNT

being eligible for a profit share in the amount of

  • NINETY PERCENT | 90%

after each performance cycle in the event of positive returns.

 

A funded account is no longer bound to the 10% profit target, but risk parameters are maintained.

 

SCENARIOS - EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target at any given performance cycle during the evaluation period, the trader has the chance to start the evaluation again (the trader receives a free repeat (no fees apply)).

  • In the event, a trader finalizes any given performance cycle during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event a trader hits the maximum account drawdown, the trader has the chance to repeat the evaluation (the setup fee applies again).

SCENARIOS - FUNDED ACCOUNT

  • In the event, a trader achieves positive results at any given week, the trader is eligible for a weekly profit payout in the amount of ninety percent (90%) of the achieved profits.

  • In the event a trader achieves negative results at any given week, the trader is not obliged to cover the losses.

  • Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader hits the maximum account drawdown, any account will be terminated with immediate effect.

REFUND OF SETUP FEE
In the event of a 10% profit generation in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE (TOP-UP)

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

AGREEMENT

When a trader starts the evaluation or has received a funded account, the trader agrees and is bound

to the conditions above.

XLTRADE CONDITIONS | 1M lite

XLTRADE  FUNDING

Below we describe the requirements and procedure to become a funded trader.
The first step every trader has to pass is the initial evaluation.

EVALUATION

  • DURATION  SIXTY CALENDAR DAYS | 60 

  • MINIMUM PERFORMANCE  10% EACH CYCLE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • MAX. ACCOUNT DRAWDOWN  FIVE PERCENT | 5% 

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • EA TRADING  YES

 

DURATION
The duration of the evaluation period is sixty calendar days (60) starting with the date trading has commenced. The evaluation period is divided into two performance cycles of each 30 calendar days.

The evaluation period may be shortened to thirty calendar days (30) in the event a trader generates impeccable results.

Example: If a trader starts on the 5th of a month, the evaluation period ends on the 60th (30th) day after trading has commenced.


PERFORMANCE TARGET
A performance target of 10% has to be achieved during each performance cycle. 
Example: If a trader starts trading on the 5th of a month, the target has to be achieved within 30 calendar days and the performance cycle ends on the 30th day of the following month.

 

PERFORMANCE CYCLE

A performance cycle is thirty calendar days starting periodically at the day trading has commenced.

Example: If a trader starts trading on the 5th of a month, the performance cycle starts on the 5th of

the month and ends on the 30th day of the following month.

 

MAXIMUM ACCOUNT DRAWDOWN

At any time, the account balance must be maintained within a moderate risk range and must not drop below 5% during each performance cycle for the entire evaluation period. The high watermark for the account drawdown is the start balance and the realized/unrealized balance or equity (whatever is higher) each Friday at 12 pm, PT thereafter.

EXAMPLE:

Start balance: The account balance or the realized/unrealized equity must not drop below the

USD 950 000 level based on the start balance (USD 1,000 000).

Account increase: In the event, the account grows (to USD 1 040 000 as an example) and the account balance or realized/unrealized equity sits at USD 1 040 000 on a Friday, 12 pm, PT, the assessment basis is

USD 1 040 000 (high watermark) and holds for the following week (drawdown level USD 988 000).

In the event, the account grows, the high watermark adjusts accordingly each Friday, 12 pm, PT.

In the event, that the account value drops below USD 1 040 000, the historically highest value

(high watermark USD 1 040 000) represents the assessment basis for the maximum drawdown.

MAXIMUM DAILY DRAWDOWN

There are no restrictions on the daily exposure but a trader is required to maintain a moderate risk level

in order to avoid the maximum account drawdown during the trading week.

 

OVERNIGHT POSITIONS

Open positions may be maintained overnight.

 

OVER WEEKEND POSITIONS

Open positions may be maintained over the weekend.

 

STRATEGY RESTRICTIONS

There are no strategy restrictions. A trader may trade any style and/or utilize any EA as long as the risk parameters are maintained.

 

INSTRUMENTS TRADED

  • Equity Indices

  • Stocks

  • Forex

  • Cryptos

  • Metals

  • Commodities

 

TRADING PLATFORM

During the evaluation and at the funded level, a trader trades on the XLTRADE MetaTrader platform.

 

RELEVANT TIME ZONE

The relevant time zone for all trading is GMT -4  (EDT/EST).

TERMINATION

Any account will be terminated in the event of

  • the maximum account drawdown

  • failure to commence trading
     

In the event of termination, the evaluation may be repeated. The assessment fee (setup fee) applies again.

At any time, XLTRADE is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader.

 

NUMBER OF ACCOUNTS

A trader is allowed to combine up to five evaluation accounts at one registration. The accounts may be managed simultaneously by using a trade copier implemented by the trader. On request, XLTRADE merges all accounts into one single account at funded status.

 

EVALUATION ACCOUNT

During the evaluation period, a trader trades on an evaluation account in the amount of

USD 1 000 000 exclusively set up for the trader.

 

FUNDED ACCOUNT
After the successful completion of the evaluation, the trader becomes eligible for funding in the amount of USD 1 000 000 and is entitled to a profit payout in the event of success.

  • MINIMUM PERFORMANCE   NONE

  • PERFORMANCE CYCLE   THIRTY CALENDAR DAYS | 30

  • PROFIT SHARE   NINETY PERCENT | 90%

  • PROFIT PAYOUT  WEEKLY | IN FULL OR IN PART

  • STRATEGY RESTRICTION  NONE

  • LOT SIZE RESTRICTIONS   NONE

  • ACCOUNT DRAWDOWN  FIVE PERCENT | 5%

  • DAILY DRAWDOWN   NO LIMIT

  • OVERNIGHT POSITIONS  YES

  • POSITIONS OVER THE WEEKEND  YES

  • ACCOUNT INCREASE  25% | PER THREE MONTHS

PROFIT SHARE

After the evaluation period, a trader is no longer bound to the 10 % profit target.

The trader will receive a share of 90% of the profits generated during each performance cycle.

 

PROFIT PAYOUT

The trader receives his/her account summary each Friday, EOD, GMT -4 (EDT/EST).

XLTRADE releases the payout within 24 hours once approved and requested by the trader.  

A trader has the option to request the profit payout in full or in part.

SETUP PROCEDURE – EVALUATION

Upon successful payment of the setup fee, a trader receives the link for the

  • EVALUATION ACCOUNT

implemented on the MetaTrader platform provided by XLTRADE.
 

Further, a trader receives her/his personal

  •  ACCOUNT LOGIN DETAILS 

in order to access the account within 24 hours.
 

Upon receipt of the account login details,  the trader is required to commence trading within seven calendar days in order to avoid termination.


SETUP PROCEDURE – FUNDED ACCOUNT

In the event a trader has passed the evaluation in compliance with the given performance and risk parameters, the trader receives a

  • USD 1 000 000 FUNDED ACCOUNT

being eligible for a profit share in the amount of

  • NINETY PERCENT | 90%

after each performance cycle in the event of positive returns.

 

A funded account is no longer bound to the 10% profit target, but risk parameters are maintained.

FUNDING CRITERIA
To achieve funded status, a trader must meet the criteria during the Evaluation as follows:

  • Ten percent (10%) Performance in a cycle during the Evaluation

  • Absence of any drawdown violation during the Evaluation

  • Five percent (5%) maximum account drawdown over the period

  • evenly spread trades over each cycle (even if there are no minimum trading days)

 

SCENARIOS - EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target at any given performance cycle during the evaluation period, the trader has the chance to start the evaluation again (the trader receives a free repeat (no fees apply)).

  • In the event, a trader finalizes any given performance cycle during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event a trader hits the maximum account drawdown, the trader has the chance to repeat the evaluation (the setup fee applies again).

SCENARIOS - FUNDED ACCOUNT

  • In the event, a trader achieves positive results at any given week, the trader is eligible for a weekly profit payout in the amount of ninety percent (90%) of the achieved profits.

  • In the event a trader achieves negative results at any given week, the trader is not obliged to cover the losses.

  • Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader hits the maximum account drawdown, any account will be terminated with immediate effect.

REFUND OF SETUP FEE
In the event of a 10% profit generation in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE (TOP-UP)

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

AGREEMENT

When a trader starts the evaluation or has received a funded account, the trader agrees and is bound

to the conditions above.

 

GENERAL CONDITIONS

EVALUATION PERIOD

  • In the event, a trader does not achieve the profit target in a cycle during the evaluation process, the trader has the chance to start the evaluation again.

  • In the event, a trader does not achieve the profit target in a cycle during the evaluation process but remains above the start balance, the trader will get a free repeat (no fees apply).

  • In the event, a trader finalizes a cycle during the evaluation process with negative results, the trader has the chance to restart the evaluation (the setup fee applies again).

  • In the event a trader exceeds the maximum account drawdown, the trader may have the chance to repeat the evaluation process (the setup fee applies again).

FUNDED STATUS

  • In the event, a trader achieves positive results at any given month, the trader is eligible for profit payout in the amount of ninety percent (90%) of the achieved profits after each cycle.

  • The trader is entitled to request a profit payout in full or in part each Friday, EOD.

  • In the event a trader achieves negative results at any given month, the trader is not obliged to cover the losses.
    Any funded account will be terminated after three consecutive months of losses.

  • In the event a trader exceeds the maximum account drawdown, all open positions will be closed.

REFUND OF SETUP FEE
In the event of a 10% profit generated in the first month of trading on the funded account, a trader will receive a full refund of the setup fee.

ACCOUNT INCREASE (Top-up)

If a trader demonstrates profitable trading on a consistent basis on the funded account, the account increases by 25% every three months.

MARKET ACCESS, EVALUATION, FUNDED ACCOUNTS, XLTRADE DMA

XLtrade utilizes various brokers at its own discretion and/or XLtrade's proprietary DMA to provide simulated evaluation accounts and funded accounts.

EVALUATION ACCOUNTS

in the event, a trader enters into the evaluation process, a trader receives access data for an evaluation account. Evaluation accounts are simulated accounts reflecting real market conditions.

FUNDED ACCOUNTS

Once a trader has passed the relevant evaluation, the trader receives a funded account. Funded accounts are Live Trading Accounts. It's at the company's sole discretion at which broker funded accounts are being held.

The key measure to trade on an Xltrade funded account is risk management as Xltrade covers the risk on a funded account. To trade on an Xltrade funded account, the trader must not have violated the dd levels based on each Friday's balance/equity during the evaluation. Further, the max. dd at the end of the evaluation must not be higher than five percent (5%). In the event, the max. dd is higher than five percent (5%), Xltrade is entitled to demand additional evaluation cycles until the max. dd is five percent (5%) or less.

 

At its sole discretion, XLtrade may extend the evaluation (add additional cycles) until a trader's strategy and risk management can be evaluated properly. If a trading strategy/trading behaviour/risk management cannot be evaluated properly, Xltrade, at its sole discretion, may reject a trader for funding. Xltrade is not obliged to give a reason for such a decision. There is no entitlement to a refund of the assessment fee in such a case.

In the event, a trader's strategy and risk management cannot be evaluated properly, Xlrade may ask for documentation of a trader's historical live trading results (verified track records).

DISPUTES

In the event of a dispute between XLtrade and/or its affiliated companies and the trader, Xltrades has the right to set a pending dispute to 'dispute status' at any time. A dispute status may affect a profit payout, a refundable fee or a security deposit (but not limited to that). In the event, that a dispute has been set to 'dispute status', XLtrade and/or its affiliated companies are entitled to withhold profit payouts, fees or security deposits until the dispute has been resolved, however in any circumstances at least for the period of 180 days. Legal and administration costs may apply and will be deducted from the payout or charged if the costs incurred exceed the payout/deposit. The jurisdiction for any disputes is the registered office address of the company.

SETUP FEE

The trader acknowledges, that the setup fee covers XLtrades' efforts to set up and monitor the evaluation account.  

The fee does not include the right to a funded account. By means of the evaluation, a trader must qualify for a funded account by matching the conditions and parameters connected to it.

SECURITY DEPOSIT

A trader has the option to request a Non-Evaluation Account in order to bypass the evaluation process.
Non-Evaluation Accounts are Master Accounts connected to the company's capital pool. In order to cover the risk,
a trader must make a security deposit of eight percent (8%) or any other amount agreed to of the funded amount.
The security deposit will be released in the event an account can be secured at a performance level of at least 15% in relation to the account start balance, however not earlier than 90 days from the date trading has commenced.
In the event of a 'dispute status', the deposit will be withheld for a period of 180 days. In the event of the violation of the maximum drawdown allowance, XLtrade collects the deposit to cover the loss.

TERMINATION

Any  Evaluation will be terminated in the event of the maximum account drawdown or failure to commence trading.

In the event of termination, the evaluation may be repeated. 

 

At any time, XLtrade is entitled to terminate any account. In such an event, all profits accumulated on a funded account (if any) will be paid to the trader. All payouts including fees and security deposits are withheld for 180 days in the event of account termination by XLtrade.

REFUNDS

All charges for subscriptions, services and purchases are non-refundable and there are no refunds or for partly used periods. XLtrade is entitled to charge an Administration Fee of USD 2,100 to cover the costs incurred in the event of disputes. 

REFUND OF THE ASSESSMENT FEE

In the event, a trader passes the evaluation successfully, the trader will receive a full refund of the Assessment Fee.
The fee will be paid together with the first profit payout at funded status in the event a trader has achieved 10% in the first cycle of a funded account.

IDENTITY

A trader is obliged to produce proof of identity and proof of address. In the event, that a participant fails to produce relevant proof, the evaluation will be declared invalid and any payment will be forfeited.

AGREEMENT

With the purchase of an account and/or with making a security deposit, the trader agrees and is bound to the parameters and conditions set out in these General Terms of Use. XLTRADE may amend these terms and conditions from time to time based on prevailing market conditions.

You can contact us by email at contact@xltrade.net.