TraderDock - Come Trade Our Capital

 

Welcome to the Help Centre

 

Once you have passed the TraderDock Challenge and have been in touch with support@traderdock.com, the process generally plays out as follows:

  • Positive Equity will request copy of your passport

  • Positive Equity will request a copy of a utility bill and bank statement dated within the past 3 months as proof of address.

  • Positive Equity carry out your backend setup - account limits, risk rules etc. 

  • Positive Equity may ask that you carry out a compliance questionnaire as part of the Know Your Customer (KYC) process.

  • You sign a live trader contract with Positive Equity

  • Live trading access confirmed by Positive Equity

  • Begin trading you account

The process should take no more than 5 working days.

All live Trading is managed and supported by our partner firm Positive Equity. TraderDock Ltd. does not support live trading accounts. TraderDock is an online trading challenge that provides a simulated trading environment for those that are interested in trading to improve their strategies and show that they have the skills required to make profits consistently. Upon passing the TraderDock Challenge, the trader then has the amazing opportuingity to earn a live trading account with Positive Equity Ltd. Therefore the following is for information purposes only:

  • Trade at least 10 days month: Positive Equity will make it clear when you begin trading they they are interested in helping you to become a consitent trader. It is in their interest as well as your that you practice trading as much as possible. There are twenty trading days in each calendar month, notwithstanding those with trading holidays. Your joining date may limit the potential to trade 10 days in your first calendar month, but the general rule of thumb is that a trader should trade 50% of the available trading days in every month. 
  • Avoid Hitting Your Daily Loss Limit: Hitting the daily loss limit means at a minimum that the trader must take the rest of the trading day and the following trading day off. However, we will examine the trade to determine whether it was a blatant rule break (i.e. whether there was opportunity to get out of the position earlier than you did). Our live trading partner reserves the right to terminate your account if the trader is deemed to have disregarded the rule as opposed to a situation where getting out of the position with less damage was possible.
  • Avoid Hitting Your Max Drawdown: By hitting or exceeding your Max Drawdown, you have broken a key trading rule - this trailing P&L figure marks the max loss limit on your account and your account will be terminated by our trading partners
  • Trade Permitted Products Only
  • Trade During Supported Trade Times Only: All positions MUST be closed by 9 PM GMT (3PM CST). Trading day starts at 7AM GMT (1AM CST) and ends at 9 PM GMT (3PM CST) coinciding with the European Cash Open to US Cash Close. No Weekend or Holiday trading Permitted. 
  • Do not hold any positions during or immediately after Major Economic Releases:
    • ADP/Non-Farm Employment Announcements
    • Central Bank Announcements
    • Crop Production
    • Crude Oil Inventories
    • EIA Natural Gas Report
    • FOMC Minutes
    • FOMC Statement / Meeting Annoucement
    • Unemployment Rate / Claims
    • US GDP (Advance, Preliminary, Final)
  • Adhere to the agreed Scaling Plan

The list of tradeable products are as follows:

All live Trading is managed and supported by our partner firm Positive Equity. TraderDock Ltd. does not support live trading accounts. TraderDock is an online trading challenge that provides a simulated trading environment for those that are interested in trading to improve their strategies and show that they have the skills required to make profits consistently. Upon passing the TraderDock Challenge, the trader then has the amazing opportuingity to earn a live trading account with Positive Equity Ltd. Therefore the following is for information purposes only:

Scaling Plan:

The Positive Equity Scaling plan allows unlimited trading size potential for traders that continue to prove themselves on a consistent basis. If the size on the chart below does not match your ambition, we ask that you reach that level first and beyond that our partners are very open to conversations that increase potential profitablity for both parties. 


Max position is initially determined by the following scaling plan:

 

Positive Equity's interest lies in finding consistently profitable traders. 

Traders that show consistent performance are rewarded as follows:

Consistent Live Performance

Bonus Size

50% of previous 20 days net positive

+ 2 lots

50% of previous 100 days net positive

+ 3 lots

50% of previous 250 days net positive

+ 5 lots

All live Trading is managed and supported by our partner firm Positive Equity. TraderDock Ltd. does not support live trading accounts. TraderDock is an online trading challenge that provides a simulated trading environment for those that are interested in trading to improve their strategies and show that they have the skills required to make profits consistently. Upon passing the TraderDock Challenge, the trader then has the amazing opportuingity to earn a live trading account with Positive Equity Ltd. Therefore the following is for information purposes only:

  • ???????The trader is solely responsible for ensuring that the trading platform is paid for: The choice of trading platform is trader-specific and an individual trader may require several features that are beyond the basic feature set of some free platforms. Therefore it is up to the individual trader to pay for their trading platform setup. The cost of using RTrader Pro is covered in both the Challenge and post-Challenge. 
  • The trader must pay for Exchange Data Fees: Traders must pay the exchange data fees associated with the exchanges they wish to trade. For example, if you have traded CL (Sweet Light Crude Oil) during your TraderDock Challenge and you have passed, then you will now be trading CL for real money. In this case, CL trades on NYMEX Exchange and therefore you will need to pay $105 for the ability to receive market data from NYMEX. There are 4 CME Group Exchanges: CME, CBOT, NYMEX and COMEX. If you need data from or trade any of the individual exchanges, then you will need to pay $105 for each. For example, the CL trader may deem it imperative that they watch how the EMini S&P is trading as they feel it affects the price action in CL. To do this, they must pay the original $105 for the NYMEX Exchange to trade CL and $105 extra to watch Emini S&P from CME Exchange or $210 in total. 

Any traders that graduate from the TraderDock Challenge, will become Graduate traders for our partners, Positive Equity. Positive Equity’s Risk Management Team will make a decision on when the market orders from a Graduate trader are placed as live orders in the market. This decision is based on many factors including but not limited to the risk profile of the Graduate trader, the relative experience/inexperience of each new trader and Positive's assessment of their likelihood of success within the first months of trading.

TraderDock Promise: Whether the market orders that a Graduate trader places are live or simulated, the Net P&L gains of that Graduate trader will be regarded as real money and the appropriate trader profit share (60% to 80%) will be available for withdrawal subject to the minimum withdrawal threshold being reached.

Positive Equity’s Risk Management Team will decide based on a number of factors whether the orders placed by a Graduate trader are entered in the live markets or simulated. If your orders/trades are being simulated, they will not impact the market depth. If you are a live trader, the orders you enter will be routed to the relevant CME exchange and you will see your orders change the order volume in the market depth (DOM). Positive Equity will make it clear to each Graduate trader when their orders are live and when their orders are simulated.


TraderDock Promise: Whether the market orders that a Graduate trader places are live or simulated, the Net P&L gains of that Graduate trader will be regarded as real money and the appropriate trader profit share (60% to 80%) will be available for withdrawal subject to the minimum withdrawal threshold being reached.

All live Trading is managed and supported by our partner firm Positive Equity. TraderDock Ltd. does not support live trading accounts. TraderDock is an online trading challenge that provides a simulated trading environment for those that are interested in trading to improve their strategies and show that they have the skills required to make profits consistently. Upon passing the TraderDock Challenge, the trader then has the amazing opportuingity to earn a live trading account with Positive Equity Ltd. Therefore the following is for information purposes only:

The fee for trading live in the markets as a professional trader is $105 per CME exchange traded per month. Therefore, if a trader is trading 3 exchanges: COMEX, NYMEX and GLOBEX for example, they will be charged $315 (3 * $105).

Note that this is a CME fee, not a TraderDock or Positive Equity fee. There is no markup beyond the CME charges. Positive Equity will collect these fees from each Graduate trader that is trading live in the markets and forward it to CME.