What to Expect After Completing Your Trading Evaluation with ShareAFunds?
After successfully completing your trading evaluation with ShareAFunds.com, you can expect the following steps:
1. Evaluation Results
- Performance Review: Your trading performance will be reviewed to ensure that you have met the required profit targets and adhered to all trading rules and risk management guidelines.
- Feedback: You may receive detailed feedback on your trading performance, including areas for improvement and strengths observed during the evaluation.
2. KYC Verification
- Identity Verification: You will need to complete a Know Your Customer (KYC) verification process. This involves providing valid identification documents and verifying your identity to comply with regulatory requirements.
- Document Submission: Instructions will be provided on how to submit your KYC documents securely. The verification process ensures that all accounts are compliant with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
3. Access to Funded Account
- Account Setup: Once you pass the evaluation and complete KYC verification, you will be granted access to a funded trading account. You will receive instructions on setting up and accessing your new account.
- Initial Funding: Your account will be funded according to the terms specified in your evaluation agreement. This funding will be available for you to begin live trading.
4. Trading Guidelines
- Rules and Regulations: You will be provided with a comprehensive set of trading rules and guidelines for operating your funded account. It is important to review these rules carefully to ensure compliance.
- Risk Management: Guidelines on risk management, including drawdown limits and profit targets, will be outlined to help you manage your trades effectively.
5. Support and Resources
- Account Manager: You may be assigned a personal account manager who will assist with any queries or issues related to your funded account.
- Educational Materials: Access to educational resources, webinars, and trading tools will be available to support your ongoing trading activities.
6. Payout Schedule
- Payout Process: You will be informed about the payout schedule and process. The first payout can typically be requested after a specified period, such as 15 days, with trades needing to be closed before requesting a payout.
- Payout Percentages: Payout percentages will follow the agreed-upon schedule, starting with an 80% payout on the first request, increasing to 85% on the third request, and reaching up to 90% on subsequent payouts.
7. Compliance Monitoring
- Ongoing Evaluation: Your trading activities will continue to be monitored to ensure compliance with ShareAFunds.com’s rules and standards.
- Performance Reviews: Regular performance reviews will be conducted to assess your trading effectiveness and adherence to risk management protocols.
8. Continuous Improvement
- Feedback Loop: Constructive feedback may be provided to help you refine your trading strategies and improve performance.
- Support Network: Ongoing support and resources will be available to assist you in achieving your trading goals and maintaining compliance.
By following these steps and adhering to the provided guidelines, you will be well-positioned to succeed in your trading journey with ShareAFunds.com.
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