Hey Uprofiter! ๐
To trade a Live Account you need to take the following into account ๐
Markets and opening hours:
Remember that you need to trade within the established trading hours.โฐThe market opens at 6:00 PM ET on Sundays and closes at 4:10 PM ET on Fridays, with a daily maintenance window from 4:10 PM ET to 6:00 PM ET.
๐ข Please keep in mind all trades must be closed by 4:10 PM ET.
๐๏ธ Traders can operate products within CME, NYMEX, COMEX, and CBOT.
Minimum trading volume:
Please note that the minimum volume is 1 trade per week. (Consider an operation as a completed trade, entry, and exit either in a purchase or a sale.)
A trading week begins on Sunday at 6:00 PM ET and ends on Friday at 4:10 PM ET.
Scaling contracts:
In order to increase your profitability while actively keeping your risk under control, you will gradually scale up ๐งthe number of contracts you can operate.
๐ Please remember that we use your current account balance, including any open and closed intraday equity. If you select too many contracts for your account size, youยดll be breaking the rulesโ.
Here is the path to follow to increase contracts:
25K Account:
๐๏ธ$0 - $1,500 = 2 contracts Max
๐๏ธ$1,501- $2,500 = 3 contracts Max
๐๏ธ$2,501 = 4 contracts Max
50K Account:
๐๏ธ$0 โ $1,500 = 2 Contracts Max
๐๏ธ$1,501 - $4,000 = 4 Contracts Max
๐๏ธAfter $4,000 = 6 Contracts Max
100K Account:
๐๏ธ$0 - $2,000 = 3 Contracts Max
๐๏ธ$2,001 - $3,000 = 4 Contracts Max
๐๏ธ$3,001 - $5,000 = 6 Contracts Max
๐๏ธAfter $5,001 = 12 Contracts Max
200K Account:
๐๏ธ$0 - $2,000 = 3 Contracts Max
๐๏ธ$2,001 - $3,000 = 4 Contracts Max
๐๏ธ$3,001 - $5,000 = 6 Contracts Max
๐๏ธ$5,001 - $8,000 = 12 Contracts Max
๐๏ธAfter $8,001 = 20 Contracts Max
Maximum number of Micro E-Mini contracts:
9K Account= 5 Micro E-Mini
25K Account= 20 Micro E-Mini
50K Account= 30 Micro E-Mini
100K Account= 50 Micro E-Mini
200K Account= 80 Micro E-Mini
๐10 E-Micro equals 1 E-Mini contract.
Daily Loss Limit:
We have set a daily loss limit for each account based on its size. This ensures proper risk management.
Pro Drawdown:
The Pro Drawdown only takes into account your profits at the end of the trading day and is updated when your account balance reaches a new high at the end of any trading day.
What happens if I violate a risk management ruleโ?
If you violate any risk management rule, the account will be closed immediately. You will then need to demonstrate through a new evaluation that you have the ability to properly operate within the required parameters.
Take a look at this info๐
What do I need to trade a Uprofit Live Account?
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