Schedule of assessment programs and fees – Global Forex Funds
Application of Terms and Conditions
The provisions of this Schedule are subject to, and form part of, the Terms and Conditions – Technology Access and Trader Assessment Program (Terms) as provided and agreed to by you on establishment of your Account. Unless expressly stated otherwise, the provisions of this Schedule prevail in the event of any discrepancy between them and the Terms. Available Assessment Programs.
| 1 Step Challenge – Phase 1 $15,000 $25,000 $50,000 $100,000 $200,000 | Funded Stage $15,000 $25,000 $50,000 $100,000 $200,000 | |
| Max daily drawdown | 5% | 5% |
| Max drawdown | 10% | 10% |
| Profit target | 10% | — |
| Max trading days phase | Unlimited | — |
| Min trading days phase 1 | 10 days | — |
| Free repeat (Evaluation) | No | No |
| Refund upon WD | Yes | Yes |
| HFT allowed | No | No |
| Weekend trading | Yes | Yes |
| High Impact News trading | Yes | Yes |
| Profit consistency | 25% | 25% |
| Volume consistency | Yes | Yes |
| Profit cap | No | No |
| Leverage | 1:30 | 1:30 |
| Profit Split | — | 80/20 |
| Inactivity Period | — | 30 days |
| Copy Trading | No | No |
| EAs | Yes | Yes |
| Hedging | No | No |
| Mandatory Stop Loss and Take Profit | No | No |
Additional Notes:
- All dollar amounts above are in [US Dollars].
- Notional Net Profit means the notional value that can be attributed to the representative value of the net positions of your Trades for each
Trading Period. - The Profit Consistency Rule applies to all trading activities during the Assessment Period and/or Trading Period. For the purposes of this
Schedule. To satisfy the Consistency Rule: (a) if only Assessment Phase 1 (Evaluation) applies then no single trade can account for 25% or more
of your total Required Return or total Target Return; or (b) if both Assessment Phase 1 (Evaluation) and Assessment Phase 2 (Evaluation)
applies then no single trade can account for 25% or more of your total Required Return or total Target Return. - The Lot Size Consistency Rule applies to all trading activities during the Assessment Period and/or Trading Period. For the purposes of this
Schedule. To satisfy the Lot Size Consistency Rule your average trade size is used to calculate your trading range. The range is determined by
adding 100% to your average trade size to determine the maximum value and subtracting 75% to determine the minimum value. Note trades
are aggregated when placed within a 30 second window into one position for both profit and volume consistency. - The Assessment Period and Assessment Criteria may comprise either 1 or 2 parts. If it comprises 1 part, then you must satisfy the stated
Assessment Criteria within the stated Assessment Period. If it comprises 2 parts, then you must satisfy the requirements of Phase 1
(Evaluation) to be eligible to proceed to Phase 2 (Verification) and you must satisfy the requirements of Phase 2 (Verification) to satisfy the
Assessment Criteria for your selected Assessment Program. - All Access Fees published in this Schedule of Assessment Programs and Fees are exclusive of relevant taxes or other statutory or regulatory
costs. You are responsible for paying any such amounts and the Company may withhold or recover such amounts from you in accordance with
clause 14. - Hedging Between Accounts Definition: Using 2 different trading accounts to open opposing trades on the same instruments with the same lot
size at the same time. - Rules for withdrawals: The first withdrawal can only be requested after 30 days of being a live funded trader. Following the first withdrawal, a
subsequent withdrawal can be requested after another 15 days. Subsequent withdrawals can be requested bi-weekly. - All trading during the Trading Period is subject to the Consistency Rule.
- No and Yes: No means that the feature is not allowed under any circumstances. Yes, means that the feature is allowed, subject to certain
conditions. - Grid Trading Definition: Establishing multiple buy and sell orders, typically at equal intervals or “grid gaps” above and below the current
market price. These orders are referred to as “grid levels.” When the market price reaches a grid level, the corresponding buy or sell order is
executed. The trader maintains these grid levels regardless of the direction of the market, aiming to profit from the price oscillations within
the defined range. - Prohibit Trading Practices in the Funded Stage: Tick Scalping, High-Frequency trading, Latency Arbitrage, Account Management, Reverse
Arbitrage, Martingale Trading, Grid Trading, Data Feed Manipulation, Use of Delayed Data Feed.
Residency Acknowledgement & Disclaimer
The provisions of clause 4 of the Terms are restated and reiterated in this Schedule. For the purposes of the Terms and Conditions and this
Schedule, Restricted Territory includes:
Afghanistan, Albania, American Samoa, Bahamas, Belarus, Burundi, Central African Republic, Congo (Democratic Republic), Cuba, Cyprus, Eritrea,
Guam, Guniea-Bissau, Haiti, Iran, Iraq, Japan, Korea North, Kosovo, Libya, Mali, Myanmar, Nicaragua, Northern Mariana Islands, Pakistan, Palestine,
Russia, Saint Helena, Ascension and Tristan da Cunha, Somalia, South Sudan, Sudan, Syria, Tristan da Cunha, Turkey, Ukraine, Vanuatu, Venezuela,
Western Sahara, Yemen, Zimbabwe
Residency acknowledgement:
Restricted country passport holders can use our service if they are resident in non-restricted countries and having a proof of resident visa.
Website
https://globalforexfunds.com/shop/
Amendments to this Schedule
This Schedule may be updated or amended in accordance with clause 3.1 of the Terms. For any updates or changes affecting Access Fees,
Assessment Criteria, Funded Trader Criteria or Potential Trader Payments, you will be given 1 day prior written notice before they apply to you.
Following notice of any such updates or amendments, you may elect to voluntarily stop using the Services at any time in accordance with clause
19.1.
Dated: 03/11/2023
