Advice and Answers from Titan Forex Funds Team
Essential Trading Guidelines for 2-Step Funding
Rule Area Step 1 Step 2 Funded Notes Profit Target 10% 5% – Funded Account has no profit limit Daily Loss Limit 4% 4% 4% Equity-based, based on prior day balance (Hard Breach) Max Drawdown 8% 8% 8% Equity-based, dose not trail (Hard Breach) Inactivity Period 30 Days 30 Days 30 Days Must place trade (Hard Breach) Leverage 1:30 1:30 1:30 Up to 1:30 on FX Stoploss Required No No No Required for each trade (Soft Breach) Flat for Weekend Yes Yes Yes All positions closed on Friday 3:45pm (Soft Breach) Max Time – – – No Max Time requirements ADD-ONS (AVAILABLE AT PURCHASE): 1. Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. 2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 80%) of the profit.
Essential Trading Guidelines for 1-Step Funding
Rule Area Assessment Funded Notes Profit Loss Limit 10% – Funded Account has no limit Daily Loss Limit 5% 5% Equity-based, limit set by prior day balance (Hard Breach) Max Drawdown 6% 6% Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach) Inactivity Period 30 Days 30 Days Must place trade (Hard Breach) Leverage 1:20 1:20 Up to 1:20 on FX Stoploss Required No No Required for each trade (Soft Breach) Flat for Weekend Yes Yes All positions closed on Friday 3:45pm (Soft Breach) Max Time – – No Max Time requirements ADD-ONS (AVAILABLE AT PURCHASE): 1. Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. 2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add- on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.
How many lots can I trade? (Max Lots with Risk)(1-Step Funding)
Below are the maximum open lots across all pairs that a trader can have at any given time. ● $5K – 0.5 lots with risk ● $10K – 1 lots with risk ● $25K – 2.5 lots with risk ● $50K – 5 lots with risk ● $100K – 10 lots with risk ● $200K – 20 lots with risk
How many lots can I trade? (Max Lots with Risk)(2-Step Funding)
Below are the maximum open lots across all pairs that a trader can have at any given time. ● $5K – 1.5 lots with risk ● $10K – 3 lots with risk ● $25K – 7.5 lots with risk ● $50K – 15 lots with risk ● $100K – 30 lots with risk ● $200K – 60 lots with risk
What is the leverage?
1-step leaverage FX 1:20 Metal 1:20, Oil 1:5, Indices 1:10 Crypto 1:2 2-step Leverage FX 1:30, Metal 1:30, Oil 1:5, Indices 1:10 Crypto 1:2
What products can I trade?
You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices and Cryptocurrencies.
How do you calculate the 4% Daily Loss Limit?(2-Step Funding)
Think of the Daily Loss Limit as a safety net. It’s the most you can lose in one day. We set this limit based on your account balance from the day before, and we reset it every day at 5 PM EST. Here’s a Simple Example: Suppose you finished yesterday with $100,000 in your account (checked at 5 PM EST). Today, if your account drops to $96,000, that’s when the safety net comes in, stopping any more loss. And if during the day, your account goes up by $6,000 (making it $106,000), don’t worry. Your safety net for the next day is still based on that $100,000 from yesterday. This means your loss limit remains at $96,000.
How do you calculate the 8% Max Drawdown?(2-Step Funding)
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 8% of your starting balance.
Understanding How Many Lots You Can Have Open(2-Step Funding)
Let’s break it down with an example: For example, if you are in the $100k plan, you will be able to have 30 open lots with risk available. If you buy 20 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 20 lots on with risk, so you would have 10 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 30 lots available, even though you currently have 20 lots open. If you put on too many trades with risk, then our system will liquidate all trades that currently have risk. Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.
Understanding How Many Lots You Can Have Open(1-Step Funding)
Let’s break it down with an example: For example, if you are in the $100k plan, you will be able to have 10 open lots with risk available. If you buy 5 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 5 lots on with risk, so you would have 5 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 10 lots available, even though you currently have 5 lots open. If you put on too many lots with risk, then our system will liquidate all trades that currently have risk. Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.
