Frequently Asked Questions
General
Our drawdowns are calculated as a static value off the beginning capital deposited into your trading accounts and evaluations.
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We are partnered with Eightcap as our broker to offer industry leading spreads and commissions for traders. To understand their account offering that we use see here: https://www.eightcap.com/en/trading/trading-conditions/spreads/
Once you become a live funded trader, you must trade with us for at least 30 days for your first payout, and after that we can payout bi-weekly.
The purpose of the evaluation is for us to make sure that you are a consistent trader without any capital risk. As our evaluation is set up to test your trading without risking capital, you cannot withdraw profits on this phase.
Yes, the minimum age to participate in all of our programs is 18 years of age or older.
Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials within 5 minutes.
We allow for three evaluations to be taken at once with a total funding amount of up to $1,000,000.
We believe in giving our traders the fairest deal possible. Ultimately no one would invest in anything if they were not able to know what the outcome may be, and many prop firms that offer instant funding only do so to take your evaluation fee and let you trade on a demo. M Solutions only wants to put in money in proven and trusted traders that we work with and see pass their evaluation. This is what will build our prop trading fund over the long term instead of trying to earn some fast dollars on an instant demo account.
Yes. If no trade is placed on your trading account within 25 days, your account will be disabled.
We apply a profit consistency rule to manage risk on your funded account. No single trade can account for 50% or more of your total Required Return or total Target Return. For example, if a trader has a total profit of $5,000 he cannot have a single trade with a profit of more than $2,500 which is more than 50% of his total profit.
Note this rule is not a hard breach, and will only result in any inconsistent trades being removed from account.
Yes, however, we do not permit hedging between accounts. Also note if your account is flagged as using multiple IP addresses or VPS from multiple locations this will be considered a breach in the funded stage.
We are on the lookout for talented trading individuals and as such do not regard trade copying someone’s direct trading activity and as such is not permitted.
Yes, as we are on the lookout for individual traders and often make payouts to a bank account for our live traders. As such accounts must be created in your own name.
We classify our live traders as independent contractors. As such you invoice M Solutions for your earnings and must report this yourself to your relevant tax authority.
For Non-HFT traders, trading activity is restricted within a timeframe of 3 minutes before and 3 minutes after the news event.
Conversely, HFT traders have a wider window of 10 minutes before and 10 minutes after the news. During these periods, no trades can be initiated or closed.
However, traders are allowed to hold existing positions through the news event.
Yet, it is important to note that stop loss (SL) or take profit (TP) levels should not be triggered during this timeframe.
We do not allow for account merging due to risk management and tracking purposes. You can however have up to three challenges at one time totalling a maximum of USD 1M in funding.
As we are evaluating the trading of individuals you are solely responsible for your account login details. If you share account passwords with others it will violate our terms and conditions and as such it is not permitted.
Instantly. Once you pass the evaluation, you can follow the prompts in your Evaluation pass email and get your live funded account right away.
You will be able to make a payout request at a minimum of $150 on every account.
However, when you request a payout, please keep in mind the variable profit share percentage for your account type, as well as a $50 commission fee to process withdrawals.
Yes, you can use EA as long as they are NOT used in the following ways:
– Copy trading of other persons’ signals
– Tick scalping
– Latency arbitrage trading
– Reverse arbitrage trading
– Hedge arbitrage trading
– And/or any use of emulators
– Using same strategy and/or set files of other party
In the evaluation phase if these types of trading are used, the account will not receive a challenge refund (refund is only applicable for 2 step challenges) and will be reviewed with the possibility of being banned.
Accounts using these types of EAs will be flagged and reviewed by M Solutions Forex Funds management.
The breach of our IP address rule occurs only if users share the same IP address within our network, posing security risks. Utilizing mobile data is risky as mobile IP addresses are not private, often shared among multiple users, and dynamically change. Conversely, home WiFi offers more privacy with static IP addresses, reducing the likelihood of breaches. VPSes also provide a secure option for users needing consistent IP addresses while traveling.
You must be 18 years or older to join this site. Due to regulatory conditions, we are unable to offer services with traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk or Luhansk regions of Ukraine), Somalia and Syria. The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, terrorism, or have been previously prohibited due to breach of contract, with no allowances.
As of 20th February 2024, residents of the United States are unable to purchase challenges on this site. US citizens residing outside the US who possess a valid resident ID may still continue to use the services.
Challenge FAQs
HFT Challenges
10% on the Evaluation Phase (1st and only Phase)
The minimum trading days on the evaluation stage is 7 days. TheTrading days are detected on the date you close a trade. Even if you open one trade on one date and close it on another this will not be treated as multiple trading days
The duration for all challenges would be unlimited
Free repeat will not be granted under any conditions
Hedging means opening two trades in opposite directions with the same volume on the same instrument and it is allowed in a single account. However, if you open a position in one account and in another account a position in the opposite direction, this would be a violation of our rules.
For the Single Phase High Frequency Trading is allowed, however, please note that the following strategies would can still be a violation of our rules:
– Copy trading of other persons’ signals
– Tick scalping
– Latency arbitrage trading
– Reverse arbitrage trading
– Hedge arbitrage trading
– And/or any use of emulators
– Using same strategy and/or set files of other party
The maximum drawdown for one day would be 5% of the initial balance and highest recorded equity for the day thereafter.
The maximum total drawdown you can have an account will 10% of the initial balance. This rules is impacted only if the equity drops below the initial balance.
The profit split on this challenge in the funded stage will be up to 75% in the trader’s benefit.
Yes, only for one challenge stage.
We apply a profit consistency rule to manage risk on your funded account. No single trade can account for 50% or more of your total Required Return or total Target Return. For example, if a trader has a total profit of $5,000 he cannot have a single trade with a profit of more than $2,500 which is more than 50% of his total profit.
We use volume consistency to ensure Funded Accounts maintain adequate risk management, to calculate this we add all trades and divide the result with the total number of trades (excluding cancelled and pending orders). This will give you an average lot size, furthermore we:
Multiply the average lot size by 0.25 to define the bottom of range
Multiple the average lot size by 2.00 to define the top of the range
Everything that falls outside this two tops are considered inconsistent
For example, total lot size: 21.42
total trades: 16
average size: 1.33875 lots
Bottom of range: 0.33
Top of range: 2.67
Note this rule is not a hard breach, and will only result in any inconsistent trades being removed from account.
30 SECONDS RULE
Trades are aggregated when placed within a 30 second window into one position for both profit and volume consistency.
for example if i place 1 lot buy at 05:45:00 seconds
Placing another 1 lot buy at 05:45:15 will apply the rule
the trades will be calculated as 1 buy, 2 lots
During challenge phase you’re not allowed to trade news
During funded stage you are permitted to open or close trades up to 10 minutes before or after high impact news.
You can keep your current positions during the news event, but you must avoid hitting your stop loss (SL) or take profit (TP) levels while the news are running.
Yes, our program allows for the weekend and overnight holding of trades.
The breach of our IP address rule occurs only if users share the same IP address within our network, posing security risks. Utilizing mobile data is risky as mobile IP addresses are not private, often shared among multiple users, and dynamically change. Conversely, home WiFi offers more privacy with static IP addresses, reducing the likelihood of breaches. VPSes also provide a secure option for users needing consistent IP addresses while traveling.
In this Challenge type refund on first withdrawal is not allowed.
Non - HFT Challenges
8% on the evaluation (1st Phase) and 5% on the verification (2nd Phase)
Minimum Trading days are detected on the date you close a trade. Even if you open one trade on one date and close it on another this will not be treated as multiple trading days
The duration for all challenges would be unlimited.
Free repeat will not be granted under any conditions
The breach of our IP address rule occurs only if users share the same IP address within our network, posing security risks. Utilizing mobile data is risky as mobile IP addresses are not private, often shared among multiple users, and dynamically change. Conversely, home WiFi offers more privacy with static IP addresses, reducing the likelihood of breaches. VPSes also provide a secure option for users needing consistent IP addresses while traveling.
High Frequency Trading is not allowed for the two-phase challenge as well as in the funded stage of this challenge.
The maximum drawdown for one day would be 5% of the initial balance and highest recorded equity for the day thereafter.
The maximum total drawdown you can have an account will 10% of the initial balance. This rules is impacted only if the equity drops below the initial balance.
The profit split on this challenge in the funded stage will be up to 90% in the trader’s benefit.
Consistency Rules: No consistency rules
-For this challenge type there are no Consistency Rules that will be checked or to be followed on the trader’s side.
During Phase 1 and Phase 2 challenges you’re not allowed to trade news.
During funded stage you are permitted to open or close trades up to 3 minutes before or after high impact news.
You can keep your current positions during the news event, but you must avoid hitting your stop loss (SL) or take profit (TP) levels while the news are running.
Yes, our program allows for the weekend and overnight holding of trades.
There will be a minimum of 5 trading days
You must enter a realistic stop loss (stop loss must not be bigger than the DD limitations) this needs to be done in the next 2 minutes after a trade has been open
Permitted on the first payout.
Provided that your trading conforms to the real market conditions and is legitimate. There aren’t going to be restrictions to your trading strategy, whether it’s discretionary trading, hedging, algorithmic trading.
Yes it will be a soft breach and trade will be deleted.
1% Challenges
1% on the Evaluation Phase (1st Phase)
0.5% on the Verification Phase (2nd Phase)
2 step challenge 1 minimum trading days
You have a total of 8 days on each phase to complete the challenge otherwise it will be failed.
Free repeat will not be granted under any conditions
You have to be funded for 30 days and need 10 trading days for first payout.
For second payout onward you only need 5 trading days, a payout will be requestable every 14 days (bi-weekly)
The Trading days are detected on the date you close a trade.
Even if you open one trade on one date and close it on another this will not be treated as multiple trading days
Hedging means opening two trades in opposite directions with the same volume on the same instrument and it is allowed in a single account. However, if you open a position in one account and in another account a position in the opposite direction it’s not allowed and this would be a violation of our rules.
Yes, you can use EA as long as they are NOT used in the following ways:
– Copy trading of other persons’ signals
– Tick scalping
– Latency arbitrage trading
– Reverse arbitrage trading
– Hedge arbitrage trading
– And/or any use of emulators
– Using same strategy and/or set files of other party
Specifically, it is not allowed :
– Martingale
– Grid trading
In the evaluation phase if these types of trading are used the account will not receive a challenge refund and will be reviewed with the possibility of being banned.
Accounts using these types of EAs will be flagged and reviewed by M Solutions Forex Funds management.
The maximum drawdown for one day would be 5% of the initial balance and highest recorded equity for the day thereafter.
The maximum total drawdown you can have an account will 10% of the initial balance. This rules is impacted only if the equity drops below the initial balance.
The profit split on this challenge in the funded stage will be fixed 60/40% in the trader’s benefit.
We use volume consistency to ensure Funded Accounts maintain adequate risk management only on our Single phase HFT funded accounts.
to calculate this count how many lots you’ve opened in total on your account during a payout cycle, and divide the result with the total number of trades (excluding cancelled and pending orders). This will give you an average lot size, furthermore we:
Multiply the average lot size by 0.25 to define the bottom of range
Multiple the average lot size by 2.00 to define the top of the range
Everything that falls outside this two tops are considered inconsistent
For example, total lot size: 21.42
total trades: 16
average size: 1.33875 lots
Bottom of range: 0.33
Top of range: 2.67
Note this rule is not a hard breach, and will only result in any inconsistent trades being removed from account.
the payout cycle ends when a succesfull payout is recieved and the account is reset, after which, both your profit and Volume consistency range are reset, and you can build a different average if you wantPlease note that closing 1 trade in 4 partials = 4 trades
(every time you place 1 trade and close it in 4 different parts of 1.4 lots you will add 4 times 
1 trade of 1.4 lots to your consistency count of total lots, and of total trades)
We use volume consistency to ensure Funded Accounts maintain adequate risk management in our funded accounts.
In order to respect this rule you can use the following formula, this ensures you always know what’s your current max and min lot allowed on the account. It is important to note that it is based on the average lot size you use.
To calculate it you can follow the formula, and apply it multiple times during your trading period as you keep on trading
Formula: count how many lots you’ve opened in total on your account with your operations, that will be the “Total Lots”, and divide that number by the total number of trades “Total Trades” (excluding cancelled and pending orders).
This will give you an average lot size, for example:
“Total lots” 23: 8 “Total trades” = 2,87 this is your current “Average lot size” this determines what is the max lot and min lot you can use in your trades, it changes as you add more trades.
Once you know the Average lot size you can determine your max and min lot by doing the following:
Multiply the average lot size by 0.25 to know what’s the min lot allowed ( 2,87 X 0,25=0,71 lots)
Multiple the average lot size by 2.00 to know the max lot allowed (2,87 X 2 = 5,74 lots)
Everything that falls outside this two tops are considered inconsistent
Note :this rule is not a hard breach, and will only result in any inconsistent trades being removed from account.
You can count all the trades starting from the first one on the account, until the last one of the current payout cycle, this period ends when a succesfull payout is recieved and the account is reset to initial balance, after which, both your profit and Volume consistency range are reset, and you can build a different average if you want
Please note that closing 1 trade in multiple partials = multiple trades for “Total trades” (if you place 1 trade 4 lots and close it in 4 different parts of 1 lots each you will add 4 times 1 trade of 1 lot to your consistency count of total lots, and of total trades)
Trades are aggregated when placed within a 30 second window into one position for both profit and volume consistency.
for example if i place 1 lot buy at 05:45:00 seconds
Placing another 1 lot buy at 05:45:15 will apply the rule
the trades will be calculated as 1 buy, 2 lots
APPLIES ONLY FOR OPENING TRADES
During challenge phase and funded stage you’re not allowed to trade news
Holding trades overnight and over the weekend is not permitted in this program.
We advise exercising extra caution when considering the opening and closing times of the relevant financial instrument, as well as taking into account time zone differences in relation to market hours.
The breach of our IP address rule occurs only if users share the same IP address within our network, posing security risks. Utilizing mobile data is risky as mobile IP addresses are not private, often shared among multiple users, and dynamically change. Conversely, home WiFi offers more privacy with static IP addresses, reducing the likelihood of breaches. VPSes also provide a secure option for users needing consistent IP addresses while traveling.
No, they are not allowed
Refund of the challenge is not allowed in this challenge type.
On the funded account you have a 30 days cycle when you start the live stage, you must ensure that you end the cycle with profit on the account, if you fail to do so the account will be lost
If you request payout and the deductions take you lower than initial balance, a new cycle will start, if your account won’t be in profit by the end of the cycle, the account will be failed