The No Activation Fee is a new product from Ylos Trading that allows traders to demonstrate their trading skills in an evaluation account (similar to the Challenge Account) with the advantage of not paying an activation fee upon reaching the profit target and advancing to a Funded Account. You only pay an initial cost when purchasing the account, and upon achieving the profit goal, you can activate the Funded Account at no additional cost.
1. What are the rules of the No Activation Fee?
The rules of the No Activation Fee are identical to those of the traditional Challenge Account, including:
Trading Days: Minimum of 1 day and maximum of 30 days to complete the evaluation.
Number of Accounts: There is no limit to the number of No Activation Fee accounts you can open.
Positioning During News: It is permitted to hold open positions during news releases.
Averaging Down Strategy: There is no daily limit on the use of averaging or scalping strategies.
Drawdown: The drawdown is adjusted at the end of the day (EOD – End of Day). If the account balance falls below the allowed drawdown value during the day, the account will be immediately blocked.
Profit Target: You must achieve the profit target set for the account within the 30-day period to qualify for a Funded Account.
Consult the complete Challenge Account rules on the official Ylos Trading website for more details.
2. What is the difference between the No Activation Fee and the traditional Challenge Account?
The key difference of the No Activation Fee is that there is no activation fee to advance to a Funded Account after reaching the profit target. In the traditional Challenge Account, you pay an activation fee to convert your account into a Master Funded Account. With the No Activation Fee, you only pay the initial purchase cost of the account, and the activation of the Funded Account is free, reducing the costs to start trading with funded capital.
3. How much does the No Activation Fee cost?
The cost of the No Activation Fee varies depending on the account size chosen (25K, 50K, 100K, 150K, 250K, or 300K). Consult the pricing table on the official Ylos Trading website (ylostrading.com) for updated values.
4. How does the transition to a Funded Account work with the No Activation Fee?
Upon achieving the profit target set for your No Activation Fee account size (in at least 1 trading day within the 30-day period), you qualify to activate a Funded Account. Follow these steps:
Check Eligibility: An "Upgrade" button will appear in your control panel after reaching the target.
Activation: Click the "Upgrade" button to activate the Funded Account. No activation fee will be charged, unlike the traditional Challenge Account.
Access: After activation, you will receive instructions to access the Funded Account and continue trading with funded capital, subject to the Master Account rules.
5. Can I renew my No Activation Fee account if I don’t reach the profit target in 30 days?
Yes, if you do not reach the profit target within the 30-day period, you can renew your No Activation Fee account for another 30 days. The renewal cost will be the same as the initial purchase price, including any discounts applied at the original purchase. If the account has a positive balance at the end of the period, that balance will be retained upon renewal; if it is below the initial value, a new account will be created with a zero balance.
6. Can I use the Official Ylos Order Replicator with the No Activation Fee?
Yes, you can use the Official Ylos Order Replicator with the No Activation Fee, as permitted for all Ylos Trading accounts. However, other order replicators and any type of trading automation, such as bots or algorithms, are prohibited to ensure the integrity of the evaluation of the trader’s skills.