Leverage 1:5 and 1:3 for 50k you are allowed to put in the max lot size as long as margin allows you too.
The maximum drawdown allowance in the account. A Drawdown (DD) is the maximum change of balance value between the balance peak value and the trough balance value. It includes closed and open orders. Exceeding the Max Drawdown limitation, will disqualify the trader and cause the final termination of the evaluation account.10% drawdown is based on $50K $100K, $200K, $1M.
If the trader hits 10% drawdown, FXGM will terminate access to the account.
Over Night & Over Weekend Trading.
You can hold trades over night and weekends, swap charges will be incurred.
No restrictions on the timing of entries in relation to the timing of news releases.
Major/minor forex pairs and gold & silver only on $50K and above.
EA’s, trade copiers, martingale and hedging are not allowed.
Make your withdrawal requests for your profits before the 20th of every month and payouts start on the 25th of every month which may take 2-5 working days depending on the payment methods used.
Traders are not liable for any losses occurred on the live account this will be covered by FXGM