TopTier Trader announced key updates to its policy on violations in both Phase 1 and Phase 2 of traders’ accounts. These changes are designed to enhance transparency and improve the overall trading experience for its community.
Effective immediately, violations occurring in Phase 1 and Phase 2 of the account evaluation process will result in deductions that will be applied the following day after the violation takes place. This change is part of TopTier Trader’s commitment to providing greater clarity and consistency for its traders.
TopTier Trader New Violations Policy for Enhanced Transparency
Key Changes:
- Phase 1: Violations will be deducted the day after they occur. This provides traders with a clearer timeline for managing their accounts.
- Phase 2: The same policy applies, with violations deducted the day following the infraction.
These adjustments aim to streamline the handling of violations, making it easier for traders to track and manage their accounts without uncertainty. However, traders need to be cautious, as a violation deduction could result in a breach of the maximum loss limit. In such cases, the trader’s account will be considered breached and will no longer be tradeable.
This change, however, does not apply to breaches of daily loss limits. If a deduction significantly reduces a trader’s daily loss limit, the firm strongly encourages traders to take a break and resume trading the next day after the daily loss reset.
Deductions for Phase 1 violations will be applied within 24 hours of the violation date, further ensuring quick response times to account activity.
TopTier Trader believes that these changes will foster a more transparent and structured trading environment, benefiting both new and experienced traders. The firm expressed gratitude to its trading community for their trust and dedication, reaffirming its commitment to improving the trading experience through consistent, trader-focused updates.
About the Firm
Here are some interesting facts about the firm:
- Leverage up to 1:100
- No Maximum Trading Period
- Scaling Plan
- Bi-weekly Payouts
- Profit Share of 80% up to 90%
- Overnight Holding Allowed
Also, use our Discount Code (63ka5k) for a 20% Discount or read the Review.
