Terms of use micro trader

Participation by the trader in 3rd Party Account Management Services
4.6 Difference between Demo and Real Accounts.
The client confirms good understanding of major differences between Live and Demo trading, which include but are
not limited to the following:
In most cases – Demo accounts have better prices and abnormal execution behavior relative to the markets.
Therefore, a client has to consider that an employed trading system should be able to perform profitably in a real-
market scenario, even with a slightly less favorable spread.
Demo accounts have no or very little (artificial) slippage, due to no real liquidity.
Unlike Demo accounts, Live Simulated accounts with trades over 1 Standard Lot might not be filled immediately or
fully.
On a Live Simulated account ‘Stop Loss’ and ‘Take Profit’ are filled only at the level of the closest available
simulated liquidity, not at the level of a set price.
Orders on Demo accounts are executed at the quoted price, whereas quoted price of a Live Simulated account
displays the last available quote of an instrument, not necessarily the available quote.
4.7 Virtual Profit Limits Applied To Traders who benefit from HFT during the evaluation stage, gaining funded stage
access as a result.
If a trader utilizes HFT during the evaluation stage at any point in order to assist with passing, the funded
account profit split will reach its limit once a trader has gained 6% from the starting balance of the
account. Any trading after the 6% gain from the initial balance will not be eligible towards your profit split.
Gaining beyond 6% will not break any rules, however these virtual profits would not be included if you
have passed your challenge-stage with the assistance of HFT bots.
For example, if you trade continuously for up to $12,000 profit on a 200k account. The profit split will be
based on any virtual profits generated up to this point. You would receive 50%, 70%, or 80% of the
numeric value ($12,000 in this case) of the 6% profit on your funded account starting balance.
The 6% maximum gain per payout applies based on the starting balance of the account, and resets after
each payout.
(The 6% maximum profit applied to each payout will apply to traders who's evaluations are purchased
any time after November 1st 2023 at 12:00PM CST.)
4.8