iTrade Prop Firm – Frequently Asked Questions

What are the objectives for the Verification phase?

The Verification phase is a confirmation of your consistency. The objectives (expressed as a percentage of the initial balance of your chosen account) are:

  • Achieve a Profit Target of 5%.
  • Manage your risk by adhering to a Maximum Daily Loss of 5% of the balance at the start of a new trading day (00:00 UTC+3).
  • Ensure your account does not hit a Maximum Loss of 7% of the initial balance.
  • Trade for a Minimum Trading Days of 4 Days.
  • Complete the verification within a Trading Period of 30 Days.
  • There is no fee for the Verification phase.

The iTrade Evaluation Process

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