Trading Activity Requirement
For 1 Phase and 2 Phase Auditions Only:
We do not have a limit on the time to pass. The only requirement is 1 trade every 30 days. If you do not place a trade at least once every 30 days then your account will be deactivated. This is a result of the broker deleting inactive demo accounts after that period of time. This is only deemed as a soft breach, however.
If we can reinstate the account we will reinstate the existing account, otherwise we will create you a new account and carry over any associated gains and losses, and highwater mark from the inactive account.
For Lightning Round Auditions Only:
Lightning Round Auditions include a 7 day time limit on the time to pass, starting from the time the first trade is placed. There is an additional requirement of 1 trade every 30 days, which only comes into play if you purchase the Audition but do not place your first trade within 30 days. If you do not place a trade at least once every 30 days then your account will be deactivated. This is a result of the broker deleting inactive demo accounts after that period of time. This is only deemed as a soft breach, however. If we can reinstate the account we will reinstate the existing account, otherwise, we will create a new account for you.