The royal challenge live account trading rules.

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  • By admin
  • 12 July, 2023

No Gambling Allowed

When trading on both Challenge and Funded Accounts, we expect traders to adhere to sound risk management principles. This includes carefully considering risks related to position sizing, trade duration, and hedging. We discourage going all-in, opening large positions with the highest leverage, and hoping to catch a price swing to meet profit targets.

Self-Trading Only

At RFA Live Account, we aim to create a pool of talented traders who achieve payouts through their own strategies and skills, without relying on third-party assistance. Therefore, we prohibit the use of group trading, signal services, passing services, and any other tools that bypass personal strategy. However, we welcome the use of third-party resources that enhance your knowledge, such as market analyses, webinars, and e-books. In some cases, traders who pass the Challenge may be required to join a call to explain their trades and strategies.

Be Aware of Market News and Events

On Live Accounts, trading is not allowed 5 minutes before and 5 minutes after news events Close all runing trades. This restriction is in place because the simulated trading environment during such periods may offer significantly different liquidity compared to real market conditions. You can access the Economic Calendar on Forex factory dashboard to preview the event schedule and determine which assets may be impacted.

Replicability in Trading Approach

All trading activities carried out on the Challenge Account must be meticulously documented and replicable during the Funded Account phase. This means that the strategies, risk management techniques, and execution methods employed during the challenge must be consistent with those applied when trading with funded capital. For example, if a trader utilizes a specific technical analysis strategy to enter and exit positions on the Challenge Account, they must continue to apply the same strategy during the Funded Account phase. Similarly, if risk is managed using predetermined stop-loss levels or position sizing rules, these parameters should remain consistent across both stages of evaluation. Maintaining replicability ensures that traders demonstrate a consistent and disciplined approach to trading, providing RFA with confidence in their ability to manage funded capital responsibly.

No Abusive Trading

We strongly advocate for traders to utilize only permitted strategies. Traders are strictly prohibited from engaging in triangular arbitrage, abusing price feeds, insider trading, wash trading, or any other form of abusive trading that exploits the trading infrastructure for gains.

Trading Is Prohibited During Payout Request

Upon submission of a Payout Request from your Funded Account, trading on the account will be automatically locked until the payout is executed. This precautionary measure is implemented to prevent overutilization of your current margin, particularly when it is about to decrease. Trading activity on the Funded Account will resume promptly once the payout is fully processed.

Only Non-Breached Accounts Are Eligible for Payouts

You may request your first Payout from your Funded Account after maintaining the account for a minimum of 14 days and trading for a minimum of 5 days. However, it's important to note that only accounts that are not breached are eligible for payouts, even if there are trading gains available on the account following a breach.

Account Management and Communication Protocol

Traders should promptly report any technical issues or discrepancies encountered with their accounts to RFA support team via email. It's important to clearly articulate the nature of the issue, including relevant details such as account ID, transaction timestamps, and screenshots if applicable. Maintaining open and transparent communication with RFA support team throughout the resolution process is crucial. Traders should provide any additional information or clarification as requested. They should also adhere to any specified response time expectations and follow the escalation procedures outlined by RFA for urgent account-related matters. Lastly, traders should cooperate fully with RFA support team to facilitate the timely and effective resolution of account issues, ensuring minimal disruption to trading activities.

Trade value rule.

No single trading day can account for 25% or more of the accumulated profit and loss (pnl) starting from your last payout day (or from the time you received the login credentials, if applicable). if an account has a score equal to or higher than 25%, the payout will be postponed until the following review date and added to the next payout. the score resets when a payout is sent. having a score higher than the recommended one will not lead to the account suspension.

3 Minutes Trade

Every trade the traders places should not be less than three minutes. You should keep the trade open for 180 seconds.

5% Daily Drawdown

Your equity or balance must not be less than or equal to your maximum daily balance minus the account margin. The account margin is 5% of your initial deposit balance.

10% Total Drawdown

Neither your equity nor your account balance may ever drop below 90% of the reference balance. the reference balance is the initial balance or the balance of your last payout. for example, your last payout was calculated on a balance of $125.040,00, neither the equity nor the balance can drop to or below $115.040,00. breaking the rule will lead to the account suspension.

Prohibited Strategies

speculation/trading, martingale trading, hedging, and news distribution methods are prohibited strategies that cannot be employed in all RFA accounts.

can I share my trading account's password with anyone?

No, the account password is personal and cannot be shared with anyone. If we notice multiple people trading the account, the account will be immediately disabled.

Weekend Trade

You're permitted to hold your trades overnight, but you're not allowed to hold trades over the weekend. all positions must be closed 15 minutes before the market closes on weekends. violations will result in the account suspension.

Are There Lot Size Restrictions?

Max Daily LOT Size Limit 1$ $10k Accounts , 2.5$ $25k Accounts, 5$ $50k Accounts, 10$ $100k Accounts, 20$ $200k Accounts..

Consistency Rule 

A consistency rule breach occurs when a trader fails to meet the consistency rule for their account. The consequences of a consistency rule breach depend on whether the trader is in profit or at a loss:

Traders must stay within certain limits each week. The system calculates a maximum and minimum weekly average limit based on the trader's trading days, number of trades, and lot sizes.


Which Trading Styles Do We Accept on this program?

Whether your a fan of Support/Resistance, Candlestick Patterns, EA’s, Supply/Demand or Smart Money Concepts, you are free to use it on our simulated accounts. The most successful traders in the world all have different strategies/backgrounds, and we understand that. Although we enforce no restrictions during the evaluation stage, using the following strategies/approaches during the experienced trader stage is prohibited and will be subject to review: Grid Trading or Grid Trading Software's Martingale Trading Or Martingale EA’s Latency Arbitrage Hedging Orders Across Multiple Accounts Abusing The Volatility Of News By Placing Guaranteed Limit Order Fills Any Use Of Delayed Data Feeds For Risk-Free Profit Copy Trading Among Multiple Users On Our Platform Account Management By A 3rd Party.


EA’s Allowed ? 

RFA Does not allow any Experts/EA’s, and using them will result in account termination. Please remember that all the positions must be closed to receive a payout; otherwise, the payout will be deferred.

Which Traders Do We Recommend?

Our Trading Style is Very Simple and Easy. Just Trade in One Time With (TP , SL) Follow This Rule You are a 80% Shareholder Our Live Trading Account.



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