Retry Policy
IA trader breaches their $50,000 challenge account.
The trader receives an email containing a 10% discount code.
If the next challenge fee is $200, applying the code reduces the cost to $180.
2. How to Use the Discount Code
Steps to Redeem:
Select a New Challenge: Choose the challenge you wish to retry.
Apply the Code: Enter the discount code at checkout to reduce the purchase price.
Check Your Email: Locate the breach email that contains your discount code.
Example:
Definition:
If a trader breaches their account, they will receive a 10% discount code that can be applied to their next challenge purchase.
1. Discount for Retry
3.Key Benefits of the Retry Policy
Example Scenario
Key Considerations for Traders
2.Financial Relief:
1.Encourages Persistence:
The discount incentivizes traders to learn from their mistakes and retry with improved strategies.
Breach Email Sent: Contains 10% discount code.
Next Challenge Fee After Discount: $300 × (1 - 0.10) = $270
Original Challenge Fee: $300
The 10% reduction eases the financial burden of reattempting a challenge.
Automatic email delivery of the discount code ensures quick and easy access for traders.
3.Seamless Process:
Retry Policy: Detailed Explanation
Key Features:
Ease of Use: Traders can apply the code during checkout for their next challenge attempt.
Breach Email: The discount code will be sent to the trader via email as part of the breach notification.
Focus on Improvement: Review past performance and refine your trading strategy before retrying.
Leverage the Discount: Use the financial relief as an opportunity to invest in a higher-tier challenge if desired.
Time Sensitivity: Ensure you use the discount code before it expires (check the email for expiry details).
The retry policy is designed to provide traders with an opportunity to reattempt challenges after a breach, offering a financial incentive to encourage continued participation. Below is an in-depth explanation of how the retry system works and its benefits.
Retry Policy
Guidelines for Traders:
Plan Your Retry: Use the discount as an opportunity to retry with better preparation and strategy.
Monitor Expiry: Be aware of any time limits on the discount code to avoid losing the benefit.
Check Emails Promptly: Ensure you receive and store your discount code securely.
Aspect
Details
Discount Amount
10% off the next challenge fee.
Delivery Method
Sent via email along with the breach notification.
Enter the discount code at checkout for the next purchase.
How to Redeem
Eligibility
Available to traders who breach their challenge account.
Summary Table: Retry Policy
By offering this retry policy, the firm promotes resilience and learning among traders, making it easier for them to continue pursuing their trading goals.
Summary Table: Retry Policy
Aspect
Details
Discount Amount
10% off the next challenge fee.
Delivery Method
Sent via email along with the breach notification.
Enter the discount code at checkout for the next purchase.
How to Redeem
Eligibility
Available to traders who breach their challenge account.
Guidelines for Traders:
Plan Your Retry: Use the discount as an opportunity to retry with better preparation and strategy.
Monitor Expiry: Be aware of any time limits on the discount code to avoid losing the benefit.
Check Emails Promptly: Ensure you receive and store your discount code securely.
By offering this retry policy, the firm promotes resilience and learning among traders, making it easier for them to continue pursuing their trading goals.
The trading rules are fundamental to maintaining a fair, transparent, and safe environment for all participants.
Why These Rules Matter
To promote fair trading practices and manage risks effectively, we strictly prohibit certain trading strategies.
Prohibited Strategies
The inactivity policy establishes a clear guideline for the maximum allowable period of no trading activity on an account.
Inactivity Policy
More Trading Rules