What are the rules of the Master account at Ylos Trading?

What are the rules of the Master account at Ylos Trading?

At Ylos Trading, the Master account, which is an approved account with withdrawal rights, has the following rules:

  • Trading Days: To request a withdrawal, you must have traded for at least 10 days, and within those days, at least 7 must be winners, where a winning day is defined as having net gains of at least $50.00. Additionally, you must not go more than 30 days without trading, under penalty of account cancellation.
  • Number of Accounts: A maximum of 20 accounts per user is allowed.
  • Positioning During News: It is not allowed to be positioned during the release of news, but the trader can operate after the announcement, respecting other risk rules.
  • Drawdown: The drawdown is of the trailing type, adjusted in real-time, until you reach a profit equivalent to the drawdown value plus US$100. From that point, the drawdown becomes static.
  • Brokerage: In the Master account, there is a charge for brokerage on the trades executed.
  • Important Note: The Master account requires a professional trading approach, with stricter rules to ensure the sustainability and integrity of operations. These rules are designed to promote a disciplined, consistent, and sustainable trading practice in the Master account, ensuring both the protection of the trader's capital and the financial health of Ylos Trading.