1. General provisions
1.1. OnFin grants traders access to the management of the Company's capital under the Prop Trading service (the "Service"). Participation in the Service is free of charge.
1.2. Trading and copying are carried out through the MetaTrader 5 platform.
2. Taking part in the Service
2.1. To take part, the trader opens a COPYTRADING account with the Company and funds it with no less than USD 1,000 (one thousand US dollars).
2.2. Once the account is funded, the trader receives a bonus equal to 100% of the deposited amount. Bonus funds are available for trading but cannot be withdrawn and are counted only towards the margin calculation.
2.3. The trader creates a strategy through the Prop Trading service interface.
2.4. The copier fee payable to the trader is fixed at 25% of the profit generated in accounts that copy the trader's published strategy.
2.5. The trader may create several unrelated strategies. Related strategies are those with correlated trades (positive or negative correlation). If correlation is detected, the Company reserves the right to force-close some of the strategies without prior notice.
3. Levels and progression
3.1. The programme has 11 levels. You advance only by meeting the goal of your current level.
| Level | Company capital |
|---|---|
| Level 0 | USD 0 |
| Level 1 | USD 1,000 |
| Level 2 | USD 10,000 |
| Level 3 | USD 25,000 |
| Level 4 | USD 50,000 |
| Level 5 | USD 100,000 |
| Level 6 | USD 200,000 |
| Level 7 | USD 300,000 |
| Level 8 | USD 400,000 |
| Level 9 | USD 500,000 |
| Level 10 | USD 1,000,000 |
3.2. Level 0 (qualification): the goal is a master account yield of ≥ 20% with a recovery factor of ≥ 2.0.
3.3. Levels 1–10: the goal is a 20% increase in the master account yield relative to the yield recorded at the moment of entering the current level. Recovery factor ≥ 2.0.
3.4. The goal counts as met only when all positions are closed. The parameter check and every subsequent action (connecting the Company account, funding it to the required amount) are performed automatically within 1 minute of the last position being closed.
3.5. On reaching level 10 (USD 1,000,000) the scaling stops. The trader manages the capital indefinitely, subject to the conditions of section 5.
4. Fee
4.1. The fee is paid out by the standard method of the copytrading platform, provided there is a profit and no open positions (2 days after the fee has been debited from the Company's account).
5. Disqualification
5.1. A strategy is disqualified (it stops taking part in the management of the Company's capital) in the following cases:
- The equity of the master account falls below USD 100 (one hundred US dollars).
- Any withdrawal of funds from a master account taking part in the Service.
- No trading activity (opening/closing positions) for 30 calendar days.
- Breach of any other rules and policies of the Company governing order execution, the assessment of trading activity and the detection of unfair trading practices, as well as of any other documents forming an integral part of these Regulations.
5.2. On disqualification the subscription is switched off. The accrued fee is paid out by the standard method (clause 4.1).
5.3. The disqualification of one strategy does not affect the trader's other strategies. The trader may create a new strategy to take part in the Service on the same account.
5.4. By taking part in the Service the trader undertakes to comply with all current regulations and policies of the Company, which are available on the website in the "Documents" section.
6. Final provisions
6.1. OnFin reserves the right to amend these Regulations unilaterally and without prior notice. The current version is published on the official website.
6.2. Participation in the Service constitutes the trader's full and unconditional acceptance of these Regulations.