How Prop Trading Works

Daily Drawdown is calculated based on the account balance at the beginning of the day and is 5%. The equity or account balance should not exceed this amount.

Please note that the daily drawdown is different each day compared to the previous day and is calculated for each day separately and at 11pm every night. However, the overall drawdown is always fixed.

Please note that the daily drawdown is calculated based on the balance at the beginning of the day. The balance at the beginning of the day can be seen in the assets section of the trading market under the heading “Daily Balance”.

Maximum Drawdown is calculated based on the initial account balance and is 10%. This means that the account drawdown is fixed at 10% of the initial balance and the account balance or equity should not exceed it. (If you earned 2% profit on the account, your drawdown is currently 12%.)

If a trader fails to reach the desired profit level within the allotted time frame in the first stage of the challenge, he/she can use the reset challenge feature.

In case of resetting the challenge, an account with the same initial balance and new term as the initial account will be assigned to the trader.

Conditions for registering a reset request:

• The account must be in profit. (The profit amount does not matter)
• The rules related to Drawdon have not been violated.
• 5 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 stage of the challenge or after it has been extended, the account will be reset.

  The account reset feature can only be used once.

  In order to be able to reset your trading account, you need to register a ticket in the system.

Extend is only possible in the first stage of the challenge and after the request, 10 days are added to the challenge deadline. The trader can only send an extend request once in the first stage and if he resets the request after the extend, he cannot request an extension for the new account.

Extension conditions:

1. The account is in profit. (The amount of profit does not matter)
2. The rules related to Drawdown have not been violated.
3. 5 days of trading have been completed.
4. The challenge deadline has ended.

• Traders can use hedging in their trades.
• There is no limit to the time of trading or the number of trades.
• The charts of different currency pairs and the prices displayed are based on the price charts of the Binance exchange futures market.
• It is not possible to make the same trades in different challenges and if observed, the challenges will be rejected.
• The commission for maker trades is 0.03% and for ticker trades is 0.05% and is applied at the time of opening and closing trades.
• Trading on the platform is only possible in isolation and cross trades are not possible.
• The prices of currencies and trades on the platform will be calculated based on the Binance market price.

Leverage and margin rules

• Leverage and margin settings

• • Leverage and margin for each currency on the SDF.fund platform will be in accordance with the policies of the Binance exchange and will be automatically adjusted for each trader based on the volume of the prop account. This means that traders can use leverage and margin similar to Binance Exchange

• How to calculate leverage

• • The maximum leverage for each currency will be calculated separately and according to Binance Exchange.
  • Changes to leverage and margin will be automatically applied in the system.

High-risk trades on the sdf platform include:

Achieving 80% profit through a single trade: If a trader achieves 80% of the desired target (10%) in a single trade; the trader’s position is considered a high-risk trade and will be removed from the challenge.

For example: If a $10,000 challenge where the desired target for each step is 10% ($1,000) the trader makes a profit of $800 in a single position, this position is considered high-risk and will be removed from the challenge.

Please note that any attempt to achieve the 80% Profit Target through unauthorized methods is a violation of the platform’s regulations and will result in the removal of the relevant positions. Examples of this violation include the following:

If a user achieves a total of 80% of the profit target in a position by reducing the volume (Reduce) at different prices, this action is considered a violation and the position will be deleted from the user’s account.

If a user simultaneously opens multiple positions in a cryptocurrency and in the same direction (Long or Short) within a specified time period and their total profit reaches 80% of the target, this is also against the rules and all related positions will be deleted.

High-risk transactions in a real account:

If a trader in a real account achieves 80% of the profit from transactions in a position, the desired profit will be removed from the position at the time of withdrawal and the remaining profit amount will be credited to the user’s account.

There is no need to pay a new fee to receive a real account.

Receiving a real account may take up to 72 hours after registering a real account request.

To receive a real account, the trader must verify his identity. For identification, a valid identification document, such as a passport, national ID card or birth certificate, is required, the image of which must be uploaded to the user panel.

Note that real capital is in circulation in real accounts and if the real account is inactive for 30 days, the trader’s account will be unavailable to him.

If a user can get more than one real account, they can combine their accounts and get an account equal to their sum.

For example, a user purchased a $10,000 account and a $5,000 account and managed to get a real account in both challenges. In this situation, the user can get a $15,000 account instead of having two $10,000 and $5,000 accounts. In this situation, the daily and total drawdowns are measured based on the initial $15,000.

• If a user wants to use this feature and combine their accounts, they must register their request in a ticket.
• The maximum balance of an account can be $25,000.

Traders on a real account can withdraw up to 80% of the account’s profit. To receive their profit, traders must register their request.

There must be no playing positions in the account to register a withdrawal request.

Conditions for the first withdrawal

1. A withdrawal request can be registered after at least two weeks have passed since the date of receiving the live account.
2. There must be at least 5 trading days on the real account. (The rules regarding trading days are similar to the challenges.)
3. The rules related to Drawdown must not be violated, because if the rules are violated, the account will be closed.
4. The trader must register his withdrawal request on the platform.

If the rules of an account are violated, the account will expire and the previous profits of the account cannot be withdrawn.

Only users who have purchased the challenge can withdraw profits during the real account stage.

A request for profit withdrawal can be submitted once a month, from the first to the third of the solar month.

A trader can only request a profit withdrawal once in each period. For example, he cannot withdraw his profit on the first day of the month and then request a profit withdrawal again the next day.

A request for profit withdrawal can be submitted once a month, from the first to the third of the solar month.

A trader can only request a profit withdrawal once in each period. For example, he cannot withdraw his profit on the first day of the month and then request a profit withdrawal again the next day.

To receive the 150% refund on the SDF platform, the user must activate the refund option at the time of purchasing the challenge and complete the payment.
If this option is not selected at the time of purchase, it will not be possible to add a refund at later stages of the challenge.
The refund amount will be added to the final amount at the first withdrawal of profits from the real account. Also, if the challenge is unsuccessful, no amount will be credited to the user as a refund.

The following must be registered by the user on the platform through a ticket and will not be done automatically:

1. Passing the first stage of the challenge and receiving the second stage of the challenge
2. Passing the second stage of the challenge and receiving a real account
3. Resetting the challenge
4. Extending the challenge

5. Combining multiple real accounts

   If you have open orders and positions, you cannot register any of these requests, and you must not have any open orders or positions to register any of the above requests.