FAQs - Orders & Billing
Answers to the most frequently asked questions.
Once you've signed up for Trading PLUS, you can move forward with purchasing Trading PLUS Step 1
by placing an order via your client portal. Once you have submitted the order form, you will be
redirected to the payment page to finalize the payment process. An order confirmation email will
be sent to you upon completion.
Please note that purchases made using third-party bank accounts are not accepted.
You can pay for Trading PLUS Step 1 using debit/credit cards, cryptocurrencies, or Skrill. However, due to regulatory restrictions, bank transfers are not available for payments or payouts in the following countries: Venezuela, Cuba, Sudan, and Ukraine.
No, we do not charge any extra or hidden fees. The one-time fee for Trading PLUS Step 1 covers everything, including Trading PLUS Step 2, with no recurring fees at all. Furthermore, once you successfully pass Step 1 and Step 2, your fee will be reimbursed during your first Profit Split on your Trading PLUS Account.
Once we receive your payment, we immediately start processing your Trading PLUS Step 1
account. Typically, your account will be set up within a few hours, but in some rare instances,
it
may take up to 24 hours to complete the process.
After your payment is confirmed, our system will automatically generate your Step 1 account,
and you will receive an email with your Trading PLUS Step 1 login details. Be sure to check
both your inbox and spam/junk folders for this email.
Please ensure you keep your login credentials secure and do not share them with anyone. We
cannot be held responsible for unauthorized access to your account.
The fee helps cover the costs involved in the design, development, and operation of the Trading
PLUS platform, including the infrastructure behind our educational services and applications.
The fee varies depending on the selected Trading PLUS Step 1, which corresponds to the
simulated account balance. Additionally, it supports the ongoing development of all the
applications listed below, as well as the creation of valuable content for our clients.
By paying the fee, you gain access not only to Trading PLUS Step 1 and the simulated trading
environment but also to our exclusive applications designed to enhance your learning
experience. These include the Statistical Application, Account and Trader’s Analysis, trading
calculators, and more.
We do not impose a limit on the number of accounts you can open during the Trading PLUS
Step 1 and Step 2 stages. However, once you become a Trading PLUS Trader, there is a
maximum capital allocation limit of $200,000 per trader or strategy at any given time. These
limits are in place to ensure proper risk mitigation and diversification.
Please note that creating multiple accounts through different registrations is not allowed. If
we
detect identically traded strategies across various accounts exceeding the $200,000 limit in
active Trading PLUS Accounts, we reserve the right to suspend those accounts in accordance
with the contract
Absolutely! At Trading PLUS, many of our team members are traders themselves, so we have a
deep understanding of our clients' needs through firsthand experience. We are constantly
enhancing our platform with new features, advanced tools, innovative applications, and
comprehensive educational content to improve the trading experience. Here are some key
offerings we are proud to deliver:
1. Statistical Application – The Statistical Application
delivers insightful, data-backed
probabilities of market behavior, allowing you to utilize these numbers to gain a strategic
advantage in your trading.
2. Trading Journal – Archiving trading results may not be
the most enjoyable task for most
traders, but with our Trading Journal, it's incredibly easy and efficient.
3. Account Analysis – A thorough evaluation of your trading
period, offering a detailed range
of data and statistics for in-depth analysis.
4. Trader’s Analysis – Your entire trading history,
including all Free Trials, Trading PLUS
Step 1, Trading PLUS Step 2, and Trading PLUS Accounts, is consolidated into a powerful
analytical tool that provides in-depth insights from the data collected throughout your
Trading PLUS journey.
5. Trading calculators – Before placing a trade, every
serious trader should be aware of the
capital required to open a position and the potential loss if the trade doesn't go as planned.
Our Margin Calculator and Pip Calculator simplify this process, allowing you to easily
determine these key values for our demo accounts without the need for complex
calculations.
6. Quick Trade Manager – The main goal of this application
is to streamline the process of
placing new orders, with a particular emphasis on helping you quickly and easily calculate
position sizes on MT5.
7. Equity Simulator – Enhance your risk management by
calculating probabilities and success
rates based on your current trading performance. Accessible directly through your Client
Portal.
Yes. We offer a Free Trial account, which is a simplified version of the
TradingPLUS Challenge. The Free Trial is designed to help new clients
understand how it works and evaluate their trading skills to determine if
they are capable of passing the TradingPLUS Challenge. If you can pass
the Free Trial, it indicates you may have the potential to succeed in the
full TradingPLUS Challenge as well. This should motivate you to begin
your journey toward becoming one of our TradingPLUS Traders.
Please note that Free Trials do not automatically qualify you for an
TradingPLUS Account. Even if your results in the Free Trial are
impressive, you will still need to complete the Evaluation Process to
become an official TradingPLUS Trader.
Here’s all the information you need to know about Free Trial Accounts.
Registration: Each trader is permitted to register only
one Trial
Account. If your account is disabled, you will not be able to request
another Free Trial account. Successfully passing the challenge does not
grant you access to a TradingPLUS Funded account. You must still
purchase and complete the Evaluation and Verification process to qualify
for a Funded account.
Profit Target: The goal for each trader is to achieve a 5%
profit on their
initial account balance. This target is designed to promote strategic
trading and effective risk management. Please note that any profit
earned from the Trial Account is non-withdrawable.
Minimum Trading Days Requirement: Traders are required to
trade
for a minimum of 3 days within the 14-day trial period. This ensures
active participation and provides a fair evaluation of trading skills.
Daily Loss Limit: The Free Trial Account has a Daily Loss Limit of 5% of
the account balance. This limit refreshes every day after midnight
according to the server time.
Overall Loss Limit: The Free Trial Account has an Overall
Loss Limit of
10% of the account balance.
Time Limit: Traders will receive 14 calendar days from the
date of the
first trade to reach the profit target. After this period, the account will be
automatically disabled.
Weekend Position Holding: There are no restrictions on
holding
positions over the weekend.
Reset Option Availability: The Free Trial Account does not
offer the
option to reset the account.
Account Balance Options: Account balance options range
from
$10,000 to $200,000, catering to different levels of trading experience
and strategies. However, the available balance options in the client portal
may vary based on TradingPLUS’s decision.
Account Type and Leverage: The Free Trial Accounts are
swap
accounts with a leverage setting of 1:100. This standard leverage is
consistent with many professional trading environments.
Trading Platform: All trading activities are to be
conducted on the MT5
platform.
News Trading: Executing trade 2 minutes before and after
news is not
allowed.
Expert Advisors (EAs): Usage of EAs is permissible in the
Free Trial
Accounts.
Definitely. We recognize that trading psychology can be a major obstacle for many traders. Challenges like overtrading, revenge trading, greed, and FOMO are common issues we've encountered ourselves. It's widely acknowledged that 80% of trading success hinges on having the right mindset, controlling emotions, and maintaining psychological balance. That’s why we've teamed up with seasoned performance coaches to offer their expertise to all our Trading PLUS Traders.