iTrade Prop Firm – Frequently Asked Questions

What are the trading parameters for a funded account?

Once you become an iTrade Trader, there is an Unlimited Trading Period. You will still need to adhere to risk management rules:

  • Maximum Daily Loss: 5% of the balance at the start of a new trading day (00:00 UTC+3).
  • Maximum Loss: 7% of the initial balance.
  • There is no profit target ("X" in the table indicates no specific profit target for continuation).
  • Prohibition of opening deals during news It is forbidden to open deals on a funded account 20 minutes before the release of important news and within 20 minutes after its publication. Particular attention should be paid to "red" news from the USA, as they have the greatest impact on the market. If trading in currency pairs, be sure to check the "red" news of the country whose currency is present in the open deal. Violation of these rules may lead to the closure of the account.
  • Hedging between accounts - opening opposite positions on two accounts (buy on one, sell on the other)

Funded Trading Account (iTrade Trader)

Start now