What occurs if my account equity falls below the minimum required amount?
The only trading restriction we apply regarding minimum equity is to your Allocation Account.
If you exceed the maximum allowable loss in your Allocation Account (10%), your account will be moved into quarantine. When entering a quarantine period, all open positions in the Allocation Account will be closed, no further funding allocations will be made, and use of the Allocation Account will be paused until quarantine has been completed.
A quarantine period is scheduled to end two weeks from the date your account was first placed in quarantine, provided the account meets the stage qualifying criteria.
If, at the time the quarantine period is scheduled to end, the account equity and/or Edge score are below the required level, you will not be able to commence the stage or use the Allocation Account until the requirements are met.
Quarantine periods
• First quarantine: You will be invited back to the previous stage two weeks from the date the account was placed in quarantine, provided qualifying criteria have been met.
• Second quarantine: You will be invited back to the previous stage two weeks from the date the account was placed in quarantine, provided qualifying criteria have been met.
• Third quarantine: You will be invited to rejoin the programme at Seed stage, provided qualifying criteria have been met. For traders who have reached the Pro stages, once you reach the Pro 500 stage, should you drop to quarantine you'll be invited to return to the Pro stage (provided this is not your 3rd drop to quarantine).
Similarly, once you reach the Pro M stage, should you drop to quarantine you’ll be invited to return to the Pro 500 stage (provided this is not your 3rd drop to quarantine).