|Profit Achieved in Challenge:||$2,500+||$3,000+||$4,500+|
|Remote Trader Account Type||Bronze||Silver||Gold|
|Trader Profit Share||60%||70%||80%|
|Achievable Trading Power||5 lots||10 lots||35 lots|
|Daily Loss Limit||$1,000||$1,000||$1,000|
The commission rates for each supported product are listed in the following table. These commissions reflect those that are charged in live trading also.
|E-mini S&P 500 (ES)||3.80||Corn (ZC)||5.30|
|Nikkei (NKD)||6.30||Wheat (ZW)||5.30|
|E-mini NASDAQ 100 (NQ)||3.80||Soybeans (ZS)||5.30|
|Mini Dow (YM)||3.80||Soybean Meal (ZM)||5.30|
|E-Mini MidCap 400 (EMD)||3.80||Soybean Oil (ZL)||5.30|
|E-mini Russell 2000 (RTY)||3.80|
|Foreign Exchange||Interest Rates|
|Australian $ (6A)||3.20||Eurodollar (GE)||4.00|
|British Pound (6B)||3.20||Bonds/Notes|
|Canadian $ (6C)||3.20||2-Year Note (ZT)||2.70|
|Euro FX (6E)||3.20||5-Year Note (ZF)||2.80|
|Japanese Yen (6J)||3.20||10-Year Note (ZN)||3.00|
|Swiss Franc (6S)||3.20||30-Year Bond (ZB)||3.10|
|E-mini Euro FX (E7)||3.20||Ultra-Bond (UB)||3.20|
|Live Cattle (LE)||5.50||Metals|
|Lean Hogs (HE)||5.50||Gold (GC)||4.40|
|Crude Oil (CL)||4.40||Platinum (PL)||4.40|
|E-mini Crude Oil (QM)||4.40||Palladium (PA)||4.40|
|Natural Gas (NG)||4.40||miNY Silver
|E-mini Natural Gas (QG)||4.40||miNY Gold
Yes - not in live trading, but during the TraderDock Challenge you may trade during these times.
Net Profit is your trading revenue less fees and commissions. Note that the TT platform does not take commissions into consideration and therefore the P&L shown in TT is your gross trading p&l before commissions. Please make sure that you are aware of the commissions charged on the products you are trading. You should calculate your Net P&L by subtracting your number of traded contracts * commission from the gross p&l shown in TT. At the end of each trading day after market close, your trading stats will be uploaded to your TraderDock Dashboard. This will show the breakdown of your gross p&l, number of contracts traded, commissions and net p&l for each day with trading activity. Note also, that as a consistency rule, we discount your largest trading day to equal your average trading day. This lessens the importance of your largest day in achieving your profit target with the aim being to reduce the effect of anomalies and reward consistency. Consistent traders make superstar traders!
You can hold an open trade position between 7am Dublin/London and 9pm Dublin/London. These trading hours coincide with the permitted live trading times of our live trading risk desks. We require our traders to fully understand the specific market specification of the product they have chosen to trade. If the product that you trade closes earlier than 9pm Dublin/London, then we require that you close all positions prior to that market being closed. Not to do so is a rule break and you may no longer be eligible for financial backing.
Further information on the trading hours of the individual CME products can be found here: http://www.cmegroup.com/trading-hours.html
No. We allow intraday trading only during the Challenge and this will be the case also in live trading until you are a senior trader.
As per the permitted trading times, you may hold an open position between 7am and 9pm Dublin/London. But it is your responsibility to know if the product you are trading closes before 9pm Dublin/Ireland and to close all position before this product-specific close time.