Target Rapid model does not have any targets to qualify traders for bonus. A trader will make 12% of all profits made on the account.
No Targets – You get paid 12% of the profits you earn in your account
Minimum Trading Days A trader must enter or execute a trade once a day for 3 days a week. There are no maximum limits to this rule.
3 times per week
Daily Starting Drawdown A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative.
Overall Drawdown A trader must not loose more than 12% of starting equity. This number is static and does not follow the equity of the account.
Available Leverage Leverage is capped at 1:500
Refundable Registration Fee Registration fee is refunded upon reaching the live account.