Trading Rules and Terms
Your Success is ours as well. It's simple, be a consistent disciplined trader and get rewarded. Please take a moment to read through these terms to understand your rights and responsibilities while using our services.
This is not a Game
Success in trading is built over time. Focus on maintaining discipline and a consistent trading approach. Avoid rushing the process; proving sustainable growth is the goal.
Phase 1: Student
• Objective: Achieve an 8% profit target without violating any rules
• Minimum Trading Days: 3 days
Phase 2: Challenger
• Objective: Achieve a 5% profit target without violating any rules
• Minimum Trading Days: 3 days
Funded: Master of Luck
Once funded, you gain access to real monetary rewards and the opportunity to grow your account. Traders are expected to uphold discipline and trading integrity to maintain their funded status.
Daily Loss Limit: 5%
The maximum loss allowed per day is 5% of the starting balance or equity, whichever is higher.
Overall Loss Limit: 10%
The account equity or balance must not fall below 90% of the initial account size at any time.
News and Weekend Trading
During the evaluation, traders can hold trades during high-impact news events or over weekends.
Trading Freedom
Traders can use various strategies as long as they do not engage in toxic practices like arbitrage, high-frequency trading, or hedging.
Individual Trading Only
Copytrading or any form of trade duplication is strictly prohibited. The goal of RandomPips is to evaluate each trader's individual skillset and trading methodology.
Synthetic Instruments
At RandomPips, all trading instruments are synthetic and 100% randomized. This ensures fairness and challenges traders to adapt to diverse market conditions.
Reward Cycles
• Weekly payouts with a reward split of up to 60%
• Bi-weekly payouts with an 80% reward split
• Monthly payouts with a 100% reward split
Scaling Opportunities
Traders demonstrating consistent success can benefit from scaling plans, allowing increased capital allocation and improved trading conditions.
Maximum Allocation
Traders can manage multiple accounts, with a combined maximum allocation of $300,000. Funded accounts from the same evaluation model can be merged upon request.
IP Address Policy
The IP address used to purchase the evaluation must align with the IP address used during trading. Any changes must be reported to our support team to prevent disruptions.
Inactivity and Refunds
• Accounts inactive for 30 days will be automatically suspended
• Traders who successfully pass the evaluation will receive a full refund of their evaluation fees after their fourth payout in the Funded Phase
Account Restrictions
Traders cannot modify account credentials, use signal bots, or rely on trade management services. RandomPips continuously monitors accounts to ensure compliance with our rules.