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Rules |
Trading Combine® |
Pro Account® |
Legacy Funded Account |
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Calculated: End of day Based on: Net P&L |
Calculated: Intraday Based on: Net P&L |
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Updated automatically at the End of Day
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Not updated automatically. Please contact us to adjust Scaling Plan tiers up or down in the Legacy Funded Account |
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$3.70 per round turn ($1.85 per side) |
Varies depending on the platform you use and product(s) traded. Click here to calculate your Legacy Funded Account commissions and fees. |
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Trading is allowed on shortened days due to US holidays. See the holidays with early closes here. |
Depending on the specific holiday, traders may or may not be able to trade. We will communicate any varying hours as the specific holiday approaches. For more information, please see this article. |
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No costs |
Click here to learn more. |
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Rules
Trading Combine: The Trailing Max Drawdown is calculated using the end of trade day Net P&L during the Trading Combine while in a SIM environment. The Scaling Plan will also update automatically at the end of the day once your trade report is updated.
Legacy Funded Account: Similar to the way the Daily Loss Limit is calculated intraday in the Trading Combine® once in the Legacy Funded Account, the Trailing Max Drawdown is also liquidated intraday (based on unrealized P&L). This means if you reach one of these limits at any point during the trading day, you will break a rule, and you will be locked out of your account immediately.
At this time, the Scaling Plan levels are not automatically updated in the Legacy Funded Account as they do in the Trading Combine® and Pro Account®. A trader will need to contact us to have their max position size adjusted up or down.
Commissions & Fees
Trading Combine®: Commissions and Fees are 1.85 per side (3.70 round turn) during the Trading Combine® while in a SIM environment.
Legacy Funded Account: Commissions and fees vary depending on the product you are trading. Please view our explanation on how to calculate your commissions and fees during the Legacy Funded Account.
Commissions Calculation on Rithmic Platforms
Trading Combine®: Fees and Commissions will be included in your P&L. You can use your P&L to get an accurate count of your P&L for the day.
Legacy Funded Account: Fees and Commissions are not included in your P&L. You will need to be aware of these costs. You will need to either reference the 'Total Commissions' column or compare the difference between your Account Balance (your current balance) and Cash on Hand (your balance at the start of the trading day).
Holiday Trading Hours
Trading Combine: Traders can participate in the markets according to the CME Group trading hours.
Legacy Funded Account: Depending on the specific holiday, traders may or may not be able to trade. We will communicate any varying hours as the specific holiday approaches. For more information, please see this article.
Trading during prohibited times will result in the suspension of the Legacy Funded Account.