What Rules do I need to follow?
What Rules do I need to follow?
You can see rules section here: https://tradersyard.com/rules
Prohibited practices include:
Copy trading
Hedging across accounts
Arbitrage or latency exploitation
Martingale / grid strategies
Gambling behavior
News trading abuse
Use of VPN/VPS
What are the different types of drawdown?
What are the different types of drawdown?
Daily Drawdown
A daily loss limit based on your account equity. The limit resets every day at UTC 00:00. If your equity falls below the allowed daily limit at any point during the day, the account is breached.
2. Static Max Drawdown
A fixed maximum loss limit based on your starting balance. The drawdown level never moves, regardless of how much profit you make. If your equity falls below this level, the account is breached.
3. End-of-Day (EoD) Max Drawdown
A maximum loss limit that can move upward as your account grows. The drawdown level is updated at UTC 00:00 whenever a new account high is reached. It never moves downward and eventually locks once its maximum level is reached.
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.
Drawdown Type Drawdown Type | Resets Daily Resets Daily | Moves Up Moves Up | Moves Down Moves Down |
Daily Drawdown | Yes | No | No |
Static Drawdown | No | No | No |
EoD Max Drawdown | No | Yes | No |
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.
Is your drawdown equity-based or balance-based?
Is your drawdown equity-based or balance-based?
Daily Drawdown & Max Drawdown are equity-based, meaning open P/L is included in the calculation.
Equity includes unrealized P/L from open positions, your account can breach a drawdown limit even if a trade has not yet been closed.
EoD Max Drawdown is Equity/Balance at EoD based
Is there a Martingale rule?
Is there a Martingale rule?
After a losing streak, new positions must not exceed 2x the notional size of the largest losing trade in that streak. Exceeding this triggers a violation.
What trading strategies are prohibited?
What trading strategies are prohibited?
Prohibited practices include:
Copy trading
Hedging across accounts
Arbitrage or latency exploitation
Martingale / grid strategies
Gambling behavior
News trading abuse
Use of VPN/VPS
Violations can lead to profit deduction or account termination.
Why can’t I trade Forex during the daily market break?
Why can’t I trade Forex during the daily market break?
Forex instruments are temporarily unavailable during the daily session change. A five-minute buffer is applied before the session closes and after it reopens. The Forex trading break is:
Summer schedule: 20:55–22:05 UTC
Winter schedule: 21:55–23:05 UTC
During this period, users cannot open, close, or modify Forex trades. Trading becomes available automatically when the break ends. The schedule changes between summer and winter because of daylight-saving time.