Fintokei

As part of restricting the gambling practices, we could apply any of the following consistency rules to any or all of your active Fintokei demo account(s):

require you to use Stop Losses and limit your maximum risk per trade, per account or per day

- require you to use Stop Losses and limit your maximum risk per trade, per account or per day
- cap your maximum daily profit*
- cap your maximum daily loss*
- reduce leverage
- set your maximum daily lot exposure
- restrict trading during news

Any of such restrictions would remain applicable for the whole trading period on your evaluation account, as well as on all the following accounts that the current account would upgrade or scale to.

Such restrictions may apply even on any new Fintokei demo account purchased by you in the future.

Capping the daily profit or loss works as a “soft breach”. 

In case the daily profit or loss cap is hit, the system will close all your open trades and set your account to read-only until midnight (server time). A few minutes after midnight (server time) the system will re-enable trading on your account and you can continue. 

You will receive an automated email about reaching the daily cap, and another email as soon as the trading is re-enabled. 

The daily profit or loss cap is calculated as:

- a certain percentage from your Starting Balance, which then reflects in the maximum amount of Equity you can earn (“daily profit cap amount”) or lose (“daily loss cap amount”) per one trading day (midnight to midnight server time)
- the exact calculation on your account would be:
  - Equity level to activate the daily profit cap soft breach = previous day EOD Equity + the daily profit cap amount
  - Equity level to activate the daily profit cap soft breach = previous day EOD Equity - the daily loss cap amount
  - In case your account’s equity is below your starting balance, the system will take starting balance into the consideration for the calculation of maximal daily profit, instead of the current equity.

Also please note that once this restriction is applied to your account, you will be able to see your maximum daily profit or loss cap, as well as the Equity levels for activation of these soft breaches (updated daily) in your dashboard in MyFintokei.

- Capping the daily profit or loss works as a “soft breach”. 
- In case the daily profit or loss cap is hit, the system will close all your open trades and set your account to read-only until midnight (server time). A few minutes after midnight (server time) the system will re-enable trading on your account and you can continue. 
- You will receive an automated email about reaching the daily cap, and another email as soon as the trading is re-enabled. 
- The daily profit or loss cap is calculated as:
  - a certain percentage from your Starting Balance, which then reflects in the maximum amount of Equity you can earn (“daily profit cap amount”) or lose (“daily loss cap amount”) per one trading day (midnight to midnight server time)
  - the exact calculation on your account would be:
    - Equity level to activate the daily profit cap soft breach = previous day EOD Equity + the daily profit cap amount
    - Equity level to activate the daily profit cap soft breach = previous day EOD Equity - the daily loss cap amount
    - In case your account’s equity is below your starting balance, the system will take starting balance into the consideration for the calculation of maximal daily profit, instead of the current equity.
- Also please note that once this restriction is applied to your account, you will be able to see your maximum daily profit or loss cap, as well as the Equity levels for activation of these soft breaches (updated daily) in your dashboard in MyFintokei.

Consistency rules