Rfa company has just simple rules
5% daily drawdown
Your equity and balance must not be less or equal to your daily maximum balance minus the account margin. the account margin is 5% of your initial deposit balance. each day is considered to be starting from midnight gmt +0. breaking the rule will lead to the account suspension.
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.
No hidden / consistency rules
There are no hidden or consistency rules and backend manipulation, that traders are usually plagued by. we aim to maintain absolute clarity in our rules at all times.
News trading
You can trade during the news without restrictions.
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.
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.
