Understanding Violations of Simulated Daily Drawdown and Simulated Max Drawdown Rules
When a trader violates a simulated daily drawdown or simulated max drawdown rule, our evaluation technology will automatically breach the trader's account and place it into read-only mode. The trader's dashboard will reflect this violation by changing the simulated account status to "Failed". If the trader wants to attempt the evaluation again, they must purchase another account on our website.
After the Challenge Period has Ended
One of two outcomes is possible:
If the closed balance on your simulated account is above the starting balance, your account will be reviewed, and if no violations are found, you will be issued a free retry account.
If the closed balance on your demo account is below the starting balance, your demo account will be placed into read-only, and your Dashboard will reflect this violation by changing the simulated account status to "Failed". In order to get another chance at the evaluation, another account must be purchased on our website.
Terms of Use Violations
If the trader passes the evaluation but any violations, such as a breach of our Terms of Use or abuse of the demo trading environment, are found, a member of our Trader Success Team will contact them and notify them of the violation. The trader's simulated account will be manually breached and placed into read-only mode. As before, the Trader's Dashboard will reflect this violation with an account status of "Failed" and the trader must purchase another account in order to get another chance at the evaluation.