The First Cryptocurrency Traders
Capital Provider in the World
Sarmaye Digital Funding Rules
Users, after selecting their desired account and purchasing its subscription, will participate in a challenge. Traders must trade in two steps within the challenge account and reach the predetermined targets without violating the rules.
In other words, traders must reach their desired targets in demo accounts provided by the company, fully complying with the rules, to proceed to the next step.
Each step of the challenge has four conditions, and if any one of these conditions is violated, the challenge will be closed.
The conditions of the challenges are as follows:
- A minimum of 5 trading days is required in each steps.
- The target for each step is 10%.
- The maximum daily drawdown in each step of the challenge is 5%.
- The maximum overall drawdown in each step of the challenge is 10%.
| Step1 | Step 2 | Real account | |
| Minimum Trading Days | 5 | 5 | – |
| Daily drawdown | 5% | 5% | 5% |
| Total drawdown | 10% | 10% | 10% |
| Step Duration | 30 -days | 60 -days | – |
| profit | 10% | 10% | – |
- The duration of each challenge is calculated after the opening of the first trade.
- The first step of the challenge lasts for 30 days, and the second step lasts for 60 days.
- The first step can end in a minimum of 5 trading days, and the second step can also end in 5 trading days.
After completing the first step, you can activate the second step of your challenge by submitting a ticket. To progress to the real account and start the second step, you also need to submit a ticket.
Unlimited Challenge
To obtain the Unlimited Challenge feature, the user must activate the corresponding option during the initial payment stage and complete the transaction.
If this option is not selected at the time of purchase, it cannot be added later during or after the challenge. In such a case, the user must purchase a new challenge with the unlimited feature.
The first step requires 5 trading days. After completing the trading days, you can request to proceed to the second step.
In the second step, you also need a minimum of 5 trading days to complete the challenge.
If a trader opens a trade on Wednesday and closes it on Friday, only one trading day will be counted, which is the day the trade was opened.
Thirty days are provided from the time the account is sent to start the challenge, and if the trader does not open their first trade within this 30-day period, the purchased challenge will expire.
After the end of the first step of the challenge, there are 10 days to submit a request for upgrading to the second step.
After entering the second step of the challenge, there are 10 days to open the first trade.
If the challenge is not activated within the specified time, it will be stopped.
The profit target for the first step is 10%, and the profit target for the second step is also 10%.
After reaching the desired target in each step (with a minimum of 5 trading days in each step), inform the support team via a ticket.
• The rules regarding total and daily drawdown apply to both the first and second steps of the challenge, as well as the live account.
• Losses are not accumulated in the calculation of total and daily drawdown. In other words, if a trader incurs a 2% loss in one trade, then gains 6% profit, and subsequently incurs another 3% loss, their drawdown hasn’t occurred because their total account balance is at 1% profit.
• If the equity or balance of a trader’s account falls below the drawdown limit and then returns to profit, the rules have been violated. In other words, the equity of the account should never fall below 5% daily or 10% total drawdown. Violation of these rules results in the loss of the trader’s account.
The Daily Drawdown is calculated based on the account balance at the beginning of each day, and its value is 5%. The equity or balance of the account should not fall below this amount.
It’s important to note that the daily drawdown differs from one day to another and is calculated separately for each day. However, the total drawdown remains constant.
Please note that the daily drawdown is calculated based on the opening balance of the day. The opening balance can be viewed in the assets section of the trading platform under the title “Daily Balance.”
The maximum drawdown is calculated based on the initial balance of the account, and its value is 10%. This means that the account’s drawdown is capped at 10% of the initial balance, and the balance or equity of the account should not exceed this. (If you have gained 2% profit in the account, your current drawdown is 12%).
The following actions must be submitted by the user through a ticket on the platform and will not be automatically processed:
- Transitioning from the first step of the challenge to receiving the second step of the challenge.
- Completing the second step of the challenge and receiving a real account.
- Resetting the challenge.
- Extending the challenge.
- Combining multiple real accounts.
If there are open orders or positions, none of these requests can be submitted. To submit any of the above requests, there must be no open orders or positions.
To receive a 150% refund on the SDF platform, the user must select the refund option at the time of purchasing the challenge and complete the payment.
If this option is not selected during the purchase, adding the refund later will not be possible.
The refund amount will be added to the final balance in the first profit withdrawal from the real account. Additionally, if the challenge is failed, no refund will be granted to the user.
If a trader fails to reach the desired profit within the allotted time in the first step of the challenge, they can utilize the challenge reset feature.
When resetting the challenge, a new account with the initial balance and a new deadline similar to the original account is provided to the trader.
Conditions for requesting a reset:
- The account should be in profit (the amount of profit doesn’t matter).
- No violations of the drawdown rules have occurred.
- Five trading days have been completed.
- The challenge deadline has ended.
- If the account is in profit at the end of the 30-day deadline of the first step of the challenge or after an extension, the account will be reset.
- The reset feature can only be used once.
- To reset your trading account, you need to submit a ticket through the system.
Extending is only possible in the first step of the challenge, and upon request, an additional 10 days are added to the challenge deadline. A trader can request an extension only once during the first step, and if they reset their account after extending, they cannot request another extension for a new account.
Conditions for Extension:
- The account should be in profit (the amount of profit doesn’t matter).
- No violations of the drawdown rules have occurred.
- Five trading days have been completed.
- The challenge deadline has ended.
- Traders are allowed to use hedging in their trades.
- There is no limitation on the time of trades or the number of trades.
- The charts of different currency pairs and the prices displayed are based on the futures market charts from Binance Exchange.
- It is not allowed to perform identical trades across different challenges, and if detected, the challenges will be rejected.
- The maker fee is 0.03% and the taker fee is 0.05%, and these are applied when opening and closing trades.
- Trades on the platform are only allowed in isolated mode, and cross trades are not permitted.
- The prices of currencies and trades on the platform are calculated based on Binance’s market price.
High-Risk Trades on the SDF Platform Include:
Achieving an 80% Profit Target in a Single Trade:
If a trader achieves 80% of the profit target (10%) in a single trade, the trade will be considered high-risk, and the trader will be eliminated from the challenge.
Example:
In a $10,000 challenge where the profit target for each stage is 10% ($1,000), if the trader makes a profit of $800 in a single position, this position will be categorized as high-risk, and the trader will be removed from the challenge.
High-Risk Trades on a Real Account:
If a trader achieves 80% of their total profit in a single position on a real account, the trade will be considered high-risk. When withdrawing the profit, the trade will be excluded, and the remaining profit amount will be credited to the user’s account.
There is no need to make an additional payment to receive a live account.
Receiving a live account may take up to 72 hours after the live account request is submitted.
To receive a live account, the trader must complete their verification. A valid identification document, such as a passport, national ID card, or birth certificate, is required, and a copy of the document must be uploaded to the user panel.
Please note that real capital is actively circulating in real accounts. If a real account remains inactive for 20 days, the trader will lose access to their account.
If a trader can receive more than one real account, they can combine their accounts and receive an account equivalent to the sum of their balances.
For example, if a user purchases a $10,000 account and a $5,000 account and manages to reach a real account in both challenges, they can receive a $15,000 account instead of having two separate accounts with $10,000 and $5,000 balances. In this case, the daily and total drawdown will be calculated based on the initial $15,000 balance.
• If a user wishes to use this feature and combine their accounts, they must submit a request through a ticket.
• The maximum balance of an account can be $25,000.
Traders in a real account can withdraw up to 80% of their account profits. Traders must submit a withdrawal request to receive their profits.
To submit a withdrawal request, there should be no open positions in the account.
Conditions for the First Profit Withdrawal:
- A withdrawal request can be submitted after at least two weeks from the date of receiving the rael account.
- There should be a minimum of 5 trading days in the real account. (The rules regarding trading days are similar to the challenges.)
- The drawdown rules should not be violated; otherwise, the account will be closed.
- The trader must submit their withdrawal request through the platform.
If the rules of an account are violated, the account will expire, and the previous profits will not be withdrawable.
Only users who have purchased the challenge are eligible to withdraw profits during the live account stage.
Withdrawal requests can be submitted once a month on the 20th to 22nd of the month.
Each trader can only request one profit withdrawal per period. For example, they cannot request a withdrawal on the 20th day of the month and then again the day after.
- 80% of the profit in a live account belongs to the trader.
- The trader is allowed to keep a portion of their profit in the account and not withdraw it.
- If the account is still in profit after violating the rules, the remaining profit cannot be withdrawn as the rules have been violated.
- If the trader does not withdraw a portion of their profit, the overall drawdown of their account will not change.
- Profit withdrawals are processed within 72 hours after the withdrawal request is submitted.
