Once you become an iTrade trader, you will receive an unlimited trading period. You must comply with the following rules:
- Maximum Daily Loss: 5% of the account balance at the start of a new trading day (00:00 UTC+3).
- Maximum Overall Loss: 7% of the initial account balance.
- Profit Target: none (** in the table indicates that there is no specific profit target required to continue trading).
- Minimum Trading Activity: at least one position must be opened no less than once per week. Failure to meet this requirement may result in the termination of the funded account.
- News Trading Rules: traders must comply with the rules regarding trading during news events (see the relevant section below).
- Cross-account hedging is prohibited: opening opposite positions on two different accounts (for example, Buy on one account and Sell on another) is not allowed.
