RF SILVER 2 phase training program

Detailed terms and recommendations

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    1. Profit target (training account)
    This model has 2 verification levels of trader skill, in the first training phase the trader must goal an 8 % increase in value within 999 days, in the second training phase a 5 % increase during a 999 day monitoring period is sufficient. All trades must be closed manually or by using Take Profit or Stop Loss (profits credited to the balance).
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    2. Time limit (training account)
    We understand that the market situation is not always favorable, and there are times when a trader requires more time. Therefore, we provide you with the flexibility of having no time limit or pressure until you achieve the target profit.
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    3. Number of trades (training account)
    The minimum number of trades in this training program is 6 trades in each of the 2 phases. A real trade is considered one complete trading setup — one trading idea based on a specific market movement. Even if this setup is executed as multiple entries in the same direction during one market move, split into smaller positions, divided into “three-leg” or multi-leg structures, or spread across correlated pairs or markets, it will still be counted as one real trade. Such trade structuring often raises suspicion of external hedging or other prohibited strategies, and therefore will not be counted as multiple trades. Additional small trades or volume splitting that do not represent a new, independent trading idea will not be counted as separate trades. This approach ensures fairness and prevents abuse such as excessive gambling, artificial trade splitting, and hedging between accounts or prop firms. Please note that your account will be closed once the Profit Target is reached. Therefore, carefully plan your trades to ensure you meet the required number of real trades before reaching your profit target. A manual check of the number of real trades will take place after passing the final phase and may result in having to repeat one of the program phases.
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    4. Discount (training account)
    If you fail on your training account and violate one of the rules, you will be eligible for a 10% discount on your next attempt.
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    5. Fee refund bonus (training account)
    If you successfully achieve the goals, you will get back 100% of your entry fees with your first reward.
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    6. Maximum overall drawdown (training account and RCF account)
    The maximum overall drawdown is set at 10% of the initial capital in the training account and is applicable to both closed and open trades. This applies to both the first and second phase of the training trading account. Example: Equity on the account of 10,000 must not be less than 9,000. If you violate this rule, your account will switch to read-only mode and trades will be closed.
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    7. Daily maximum Drawdown (Training account and RCF account)
    Within one trading day (24h) your account cannot drop more than 5%. The starting equity is determined at GMT+2. An automatic system monitors compliance with this rule, and in case of violation your account will switch to read-only mode, and trades will be closed. This applies to both the first and second phases of the training trading account. If you violate this rule on the RCF account and the remaining balance is positive, you can request a review. If all conditions are met, there is no indication of gambling or any other unauthorized trading method specified in the Terms & Conditions, you will be entitled to receive your share of the commission payout.
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    8. Trading Leverage (Training account and RCF account)
    The leverage in this program is set on 1:100 (RCF 1:50) for Major pairs, 1:75 (RCF 1:25) for Cross pairs, 1:50 (RCF 1:25) for exotic pairs, 1:25 (RCF 1:15) for metals, 1:25 (RCF 1:15) for stock indexes, 1:5 for energies, 1:2,5 for stocks and 1:2,5 for cryptocurrencies.
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    9. Trader Behavior and Strategy (Training account and RCF account)
    The wider the range of traders the greater the diversification for us, and therefore we support any reasonable, non-gambling, and non-fraudulent trading method. To successfully complete the training phase, it is almost essential to have a trading plan and the correct risk management. We support any decent trader who does not engage in any prohibited fraudulent trading method as further defined in the Terms & Conditions.
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    10. Restrictions (Training account and RCF account)

    To ensure smooth operations and avoid potential complications such as reduced payouts or contract termination, please follow these important recommendations when trading on your RCF funded account:

    Always use Stop Loss and Take Profit (recommended).
    Avoid trading during major economic news releases such as NFP, GDP, FOMC, etc. You may trade with small volume, but we recommend not keeping positions open during news events.
    Keep the risk per trade (or group of split trades) below 1.5% of your account balance. We strongly recommend keeping it around 0.5% as part of proper risk management. Make sure this rule is included in your strategy.
    Do not use aggressive strategies such as martingale, grid trading, aggressive scalping, full-margin trading, or any other gambling-style approaches.
    Maintain consistent position sizes for specific markets (avoid sudden changes, e.g., jumping from one lot to five lots).

    Please adhere to the Terms & Conditions .

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    11. Trading Instruments (Training account and RCF account)
    It is possible to trade anything that is currently available on the trading platform. We may expand or narrow the instrument offering based on traders' interests and success, as we strive to provide the best possible trading conditions. Currently, you can trade Forex, metals, some stock indices, some cryptocurrencies, some stocks, and energies. The offering is diverse and can be viewed directly on the training platform.
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    12. EA Automatic Trading Systems (Training account and RCF account)
    Prop trading is not about using mass robots and the like. To diversify our sources, we prefer manual trading with the widest range of trading styles. It is not possible to run any EA on our training trading platform.
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    After successfully completing the two-phase training program, you will be eligible for access to the RCF account, after signing the contract and verifying KYC documents, and subsequently also for rewards.
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    13. Reward Share Split (RCF account)
    You are entitled to an 75% commission on the profit generated in the RCF account in the first month, and the profit-sharing ratio may increase up to 90% in the following months. You can request the first reward no earlier than 14 days from the the opening of the first trade on RCF Account.
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    14. Rewarding (RCF account)
    If you are entitled to a reward from the profits generated in the RCF account, you can request the reward via the client zone. Before making a withdrawal, you must close all trades and have a minimum profit of 50 USD.
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    15. Growth plan (RCF account)
    After completing the training accounts and obtaining an RCF account, our collaboration is just beginning. If you demonstrate consistency and generate a profit of 15% or more over four consecutive months, with at least 2 profitable months, we will increase your account by 25% of the original value, and then again and again... After 16 months of collaboration, your account can be 100% larger. You can request an increase at any time by email at [email protected]
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    16. Loss (RCF account)
    The trader is not responsible for any losses on the training accounts or RCF accounts. All trades you execute are within a simulated environment of real price quotes. For all trades that FRCSM makes in the real market environment, the responsibility lies with the company itself. FRCSM has its own risk models on its RCF accounts, which determine whether a trade is executed or not. The trader is not responsible for any losses that may occur, but we strongly recommend adhering to strict risk management rules and other rules in the Terms & Conditions for maximizing success on both sides.

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