These rules are designed to ensure a fair, sustainable, and educational simulated trading environment. Failure to comply with these rules will result in the immediate termination of your simulated trading account and forfeiture of any hypothetical profits.
These limits are in place to assess your ability to manage risk and protect your simulated capital.
The Daily Loss Limit is the maximum amount your simulated account equity (including open and closed trades) is allowed to decrease in a single trading day.
•Calculation: The limit is typically calculated as a percentage (e.g., 5%) of your initial simulated account balance or the previous day's closing balance, whichever is higher.
•Purpose: This rule is designed to prevent excessive risk-taking and to enforce a disciplined, day-to-day risk management approach.
•Violation: If your simulated account equity drops below the Daily Loss Limit at any point during the trading day, your account will be immediately terminated.
The Overall Loss Limit (also known as the Maximum Trailing Drawdown) is the maximum total loss your simulated account is allowed to incur from its highest achieved balance.
•Calculation: The limit is typically a fixed percentage (e.g., 10%) of the initial simulated account balance. In some models, it "trails" your highest profit point. For simplicity, we define it as a fixed percentage of the initial balance.
•Purpose: This rule ensures that a trader maintains a long-term, conservative risk profile and does not allow losses to accumulate beyond a sustainable threshold.
•Violation: If your simulated account equity drops below the Overall Loss Limit at any point, your account will be immediately terminated.
To maintain the integrity of the simulated environment and ensure that performance reflects genuine individual skill, the following practices are strictly prohibited:
•Trade Copying: Replicating trades from other individuals, services, or signals, whether manual or automated. This includes reverse-copying.
•Hedging: Opening opposing positions on the same or correlated assets within the same or different Prop Star accounts to mitigate risk or exploit platform rules.
•Multi-Account Hedging: Using multiple Prop Star accounts, whether directly or indirectly controlled by the same individual or group, to open opposing positions or otherwise circumvent risk management rules.
•Use of Trading Bots or Signals: Employing automated trading systems (Expert Advisors, scripts, etc.) or relying on external trading signals to execute trades. All trading activity must be manual and based on the individual's own analysis and decision-making.
•News Trading: Traders are strictly prohibited from holding open positions during major economic news releases. Specifically, no positions may be opened, modified, or held across a defined window—typically 2 minutes before to 2 minutes after—the scheduled release time of high-impact economic news (e.g., NFP, CPI, FOMC announcements, GDP reports, etc., as designated by consensus financial calendars such as Forex Factory or Investing.com).
Any account found engaging in these prohibited practices will be immediately disqualified and terminated. For the full version, please refer to the Terms of Use and General Rules.
