1. Standards of Excellence
The rules that we have are a standard of excellece designed to identify partners for the firm. Engaging in activities not currently prohibited by the rules on the platform which don't honor the spirit of the evaluation and the platform at any of the phases will result in a manual hard breach. Axestreet Capital reserves the right to manually review and deal with cases where the user has been deemed to have tried to cheat the evalution system and the platform. In these cases, a hard breach may be adminstered and the corresponding account will be closed.
2. Mandatory Stop-Loss Placement
Traders are required to place a stop-loss on each trade within 5 minutes of executing the trade. Trades closed without a stoploss will also trigger a breach. Disclaimer: If a trader passes the assessment with 1-3 breaches of this rule, the profits generated from the breached trade(s) will not be factored into the calculation of the amount kept from the assessment.
3. High Impact News Release Trading
You cannot open a trade 5 minutes before and 5 minutes after a high impact news release. Holding during news is allowed. Disclaimer: If one breach occurs and the trader passes the assessment, the profit from that breached trade will not be factored  into the calculation of the amount kept from the assessment.
4. Daily drawdown 4%
Your account balance cannot go below 4% of the previous day's closing balance. (Balance based)
5. Static drawdown 6%
Your total drawdown cannot go below 6% of the starting account balance
6. Max Open Risk 2%
Your risk across all open positions cannot be 2% or more of the account balance. Disclaimer: If your total open risk is 2% or more, then our system will automatically close all of your trades to help protect your account. This will also trigger a breach. If an account passes the assessment with 1-3 soft breaches of this rule, the profit from that soft breached trade(s) will not be factored  into the calculation of the amount kept from the assessment.
7. EAs
Using expert advisors (EAs) is prohibited. Accounts suspected of using an EA will be subject to review including manual review and if the use of an EA is determined, then a hard breach will be administered and that account will be closed.
8. Average Risk Profile
Traders are not permitted to increase or decrease their risk per trade by 100% of their average risk per trade. A trader's average risk per trade will be assessed over a rolling period of 10 trades. Disclaimer: If a trader passes the assessment with 1-3 breaches of this rule, the profits generated from the breached trade(s) will not be factored into the calculation of the amount kept from the assessment.
9. High Frequency Trading
High Frequency Trading (HFT) is prohibited.
10. Copy Trading
Copy trading is prohibited
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