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Connexar Capital presents you the wonderful opportunity with a Funding program, after the humongous success in the 50$ No Deposit Bonus, Connexar Capital proudly launches the funding program in order to benefit the traders with less capital and more challenging rewards.
To achieve the status of a sponsored trader from Connexar Capital, you must go through the Appreciation process first according to the rules,
Register - Evaluation Phase 1 Model: In this Phase , Traders can start trading with 100$ as a capital by just paying a Registration fee of 1$ and he should achieve 10% of profits within the time of 30 trading days from the given Capital , Then he will be eligible to move on Next phase of Evaluation Phase 2
Complete - Evaluation Phase 2 Model: In this 2nd Phase of the Funding program, Traders can resume trading with 1000$ as capital by just paying a Registration fee of 10$ and he should achieve 10% of profits within the time of 45 trading days from the given Capital, Then he will be eligible to move on Next phase of trading a 5K account
Start Earning from Reward $5,000: Once you complete phase 1 and 2 stages successfully , Next you can start your earnings from the Funding capital of $5000 with profit allocation 70% - (No registration fees)
Skill Rise from $10,000: After Completing the 3 consecutive returns from 5K account, You will awarded with a 10K account to the next level and in this level you can make profits and benefit with 75% of profit sharing, (No registration fees)
No, you must finish evaluation one and then you need to move on to evaluation two, stages three and four levels.
Yes, its refundable, once you move to phase 3, during the time of phase three $5000, will refund the phase one and phase two.
No, phase one and two are demo account, phase 3 & 4, that is $5000 & $10,000 starts from a real account, so you will get a profit share from phase 3 only.
Yes, there should be a minimum of five trading days in all levels of stages in a month.
The daily limit is a 5% draw down and the overall limit is a 10% drawdown, if is reached and then you try to recover during open trades or closed trades, you are not eligible to continue the contest, its violets the trading rules.
Once you failed in evaluation stage 2, you need to start from evaluation one again, whichever model you lose the need to start from evaluation one.
No, at any stage during the weekend, open trades are not allowed.
Stage three 70% profit share allocated to you and stage four 75% profit allocated to you
Stage one:
1) you need to achieve 10% returns within 30 trading days and also
2) you should not reach, either the 5% daily drawdown limit or 10% overall drawdown limit. In both the cases account will be suspended5% Drawdown limit Splits
$100 equity - you can lose $5 in a day or overall equity should not fall below $90
If you are in $105, you should not loss $5 in a day
If you made a profit of $5, in open trades you are not supposed to lose 5% from the original deposit that is $5 loss in open trades, then you are not eligible to continue the contest
10% overall Drawdown limit Splits:
$10 (10%) in a day you should not lose in a day or overall equity should not fall below $90
If you made a profit of $5 (5%), you are not allowed to lose $10 in open trades as well as closed trades
Closed trades you made a profit of $10, however if you are not eligible to lose $10 in open trades.
If your equity is profit, you are eligible to lose less than 5% for consecutive days.
Eg: Day 1: profit $8, eligible to lose less than $5
Day 1 & 2: Profit of $5 and $4, in the future trading periods within the profit you are eligible to lose $4 on day 4, $4 on day 5, $4 on day 6, $4 on day 7.
Therefore, the overall loss was $16, however, you have not breached the 5% daily limit and equity has not fallen below $90, so you are eligible to continue the contest. Likewise, you can start crossing all the stages to reach live account profit share.
While you are in stage three, try to accomplish 10% returns for any consecutive three months, then you will be automatically moved to stage four.
(Algo)Robo trades are not allowed, HFT(High-frequency trades), Buy and sell in one and other accounts, arbitrage trades, copy trades, mam account, and PAMM account trades are not allowed for trading contest accounts.
It will be Bank-Wire or cryptos (USTD) methods, depending upon the choice from connexar capital ltd however it is mandatory for all clients to submit the bank wire details during the withdrawal process.
Once you reach the target of 5%, that is $250 for $5000 and $500 for $10,000 you can place the withdrawal request. Eg: if you achieved more than your target limit, you are welcome to place a withdrawal. For Eg: if you made $2000 profit from $10,000, you can place a withdrawal request of $2000.
If you did not breach 5% daily drawdown and 10% overall drawdown, then you are eligible to continue the trading contest account for upcoming months, upcoming months your account will rest to original equity which is $5000 and $10,000
Eg: if you made a profit of $400 from$10,000, even though you did not reach the target, next month account will reset to $10,000 you can elect to trade.
For Any new rules or terms please check frequently in registered emails will be adding the terms and conditions to this webpage.
