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Trading
Rules

Comprehensive Guide to our trading rules. Objectives and trading rules are all designed to offer the greatest experience for our traders. Your Success is our top priority. It's simple, be a consistent and disciplined trader.

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Minimum Profitable DaysMinimum profitable day rule is designed to test your intraday trading consistency and eliminate one size betting trades. Our challenges require a minimum 3 profitable days on your account. Day is calculated as a profitable day when the total profit during the day is at least 0.5% from the initial capital. It is possible to include also include weekends to this calculation when you trade crypto pairs.
Target ProfitOur Monevis Challenge is split to two phase. Each phase should evaluate your trading skill by achieving a certain target profit. In first Phase you have to achieve 10% target profit and in a second Phase you need to reach 5% target profit from your initial balance. Profit is being calculated only from closed trades and it's always excluding comissions.
Maximum Daily LossMaximum Daily Loss rule keeps your risk management strategy consistent by not allowing you to loose more than 5% of your account each day. Threshold is being calculated on 23:05 CEST time and always considers your ending day balance for the next day.
Maximum DrawdownMaximum drawdown rule protects you from risking more than 10% from your initial balance. This level is set once you purchase your challenge from your initial balance and remains same during the whole duration of your challenge.
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All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investmentopportunity analysis or similar general recommendation regarding the trading of investment instruments. Monevis Brokers Ltd. only provides services of simulated trading and educational tools for traders. Trading the financial markets ishigh risk and you should never risk more than you can afford to lose. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.Monevis Brokers Ltd. companies do not act as a broker and do not accept any deposits. The offered technical solution for the Monevis Brokers Ltd. platforms and data feed is powered by liquidity providers. The Company does notprovide its services to anyone from the Democratic People's Republic of Korea, Iran, South Sudan, Sudan, Yemen, the ISIL (Da'esh) and Al Qaeda Sanctions List, the Taliban 1988 Sanctions List and all other persons and entities listed in the First Schedule of the terrorism (suppression of financing).