Funding Pips important updates to evaluation process related to the Loss Limit rule and HFT time.
Funding Pips important updates to evaluation process related to the Loss Limit rule and HFT time.
Funding Pips has shared important updates to its evaluation process related to the Loss Limit rule and HFT time, marking a pivotal shift in its policies. In a statement, the firm announced the removal of the 3% loss limit rule on all trader evaluations. This change will provide traders with greater flexibility and reduce the constraints previously imposed on their trading strategies.
The removal of the 3% loss limit rule is accompanied by the reactivation of over 10,000 trading accounts that had been previously violated due to this restriction. This move is going to benefit a large number of traders who now have the opportunity to resume their trading activities under the new, more lenient guidelines.
In addition to this major policy change, Funding Pips has also revised its High-Frequency Trading (HFT) rule. The mandatory holding period for trades has been reduced from two minutes to one minute. This adjustment is going to enhance the trading experience by allowing for faster execution and greater adaptability to market conditions.
Also, the firm emphasized that these updates are part of a broader initiative to create a more dynamic and supportive trading environment. “This is just the beginning. Gear up! Your journey just got a whole lot more exciting,” the firm stated, hinting at further enhancements and opportunities on the horizon for Funding Pips’ community of traders.
Funding Pips’ commitment to refining its trading framework reflects its dedication to fostering trader growth and success. As the firm continues to evolve, traders can look forward to an ever-improving platform that prioritizes their needs and maximizes their potential.
Funding Pips believes that traders undergo three essential stages during their professional development: Student, Practitioner, and Master. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $100,000 and receive up to 90% profit splits.
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