Crypto Fund Trader
Drawdown accusation withdrawn — the trailing applies to two of its products, is "calculated based on balance", and "once the trailing drawdown reaches the initial account balance, it stops moving and remains fixed". Everything else it sells is a fixed percentage. But the payout axis collapses on one sentence in its own terms: "SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader's achievement, waiving any subsequent claim" Trustpilot separately withholds its rating for fabricated reviews.
Read that payout clause beside the fact that the firm never states a profit split anywhere: payouts are framed throughout as discretionary "scholarships" rather than as a contractual share. A Swiss AG with a real commercial-register number (CHE-162.567.204) is better disclosure than most offshore shells here, but a company register entry is not a financial licence, and no regulator is named. Its consistency rule, to its credit, only delays: "you will need to continue trading until your profits are more evenly distributed before submitting a new request."
Not enough published data to simulate this firm’s floor.
Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.
Disqualified for
Trustpilot: fabricated-reviews warning
Trustpilot withholds the rating and serves a fabricated-reviews warning — a third party concluding the firm faked its own reviews. A low score is not this; every prop firm has angry traders. This is separate from having no legal entity: a firm can publish its registration number and still be caught doing it.
Scorecard
8Trails on daily closes only, then freezes at your starting balance
A named company, but no financial regulator anywhere — or a light-touch one only
Payment depends on their discretion
Overstates size or speed, but costs you nothing
Reviews suppressed for manipulation, or the firm is gone
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
The score is published anyway, because it is the honest picture: a firm can be strong on four axes and still be disqualified on one mechanism. A disqualifier is not a low grade — it is a rule we will not trade under at any price.
Plan by plan
6 of this firm’s challenges were read plan by plan, with a citation behind every answer. See them side by side →
Fixed percentage drawdown; the trailing rule explicitly does not apply to these.
6% trailing on balance, freezing at the initial balance. Breach is tested on equity: "If your equity falls below the trailing drawdown limit at any time, the account will be considered breached."
Same trailing-then-fixed mechanic as the 1-Phase, with a 40% single-day consistency ceiling that delays rather than fails.
Trustpilot
score withheld by Trustpilot — this is the figure it computes but will not show
Trustpilot removed reviews it found to be fake and withheld the rating. This is not a low score — it is a third party concluding the firm wrote its own praise.
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
4/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
3/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
2/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $0.84.40/8
“If you have reached the demo Profit Goal of 8% of the demo initial capital in Phase 1 or the demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no change3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey state there is none.no change2/2
“There is no minimum number of trading days required for evaluations. No waiting periods.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target8%5%—
“If you have reached the demo Profit Goal of 8% of the demo initial capital in Phase 1 or the demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations”“the demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations; or 10% in the 1-phase evaluation”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changeno change3/3
“For the 2-Phase Evaluation, the daily maximum loss is 5%, and the maximum overall loss is fixed at 10% of the initial account balance.”“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades includedno changeno change1/2
“Drawdown breaches are calculated based on equity.”“At no time during the ‘2 Phases’ Evaluation or ‘Ascend’ Evaluation Process or Final Stage account have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC or 10% of the initial demo balance.”“Final Stage account have you registered losses in any open or closed demo trades on the same day”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit5%, measured on live equity, open trades includedno changeno change1.20/2
“have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC or 10% of the initial demo balance”“Drawdown breaches are calculated based on equity. The daily maximum loss is calculated based on your account balance at 12:05 AM UTC each day. For the 2-Phase Evaluation, the daily maximum loss is 5%”“Final Stage account have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%no changeno change1/1
“For the 2-Phase Evaluation, the daily maximum loss is 5%, and the maximum overall loss is fixed at 10% of the initial account balance. For the 1-Phase Evaluation, the daily maximum loss is 4%, and the trailing drawdown rule applies instead of a fixed overall loss limit.”“the maximum overall loss is fixed at 10% of the initial account balance”“Final Stage account have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC or 10% of the initial demo balance”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no changeno change3/3
“The Consistency Rule applies only to Break Final Stage accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money15 days1.60/2
“You may request a scholarship when you have traded for at least 15 days, or, on the alternative, every 30 calendar days, as long as you have not violated any rules.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changeno change—
“Yes. News trading is allowed. We want traders to have the freedom to trade using their own strategy and style.”Mandatory stop-lossThey do not say.no changeno change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no changeno change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no changeno change—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”Leverage1:30 → 1:5by instrument
no changeno change—
by instrument
“STUDENT ACCOUNTS (Match-Trader & MetaTrader 5): Forex; leverage limited to 1:30 Commodities; leverage limited to 1:30 Indices; leverage limited to 1:20 Cryptos; leverage limited to 1:5 Stocks; leverage limited to 1:5”Limit on position sizeThey state there is none.no changeno change—
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$300,000—
“The maximum simulated funded allocation per user is $300,000. This means that the total starting balance of all active final stage accounts under the same user must not exceed $300,000.”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.70.80/8
“evaluations; or 10% in the 1-phase evaluation”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey state there is none.2/2
“There is no minimum number of trading days required for evaluations. No waiting periods.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target10%—
“evaluations; or 10% in the 1-phase evaluation”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises tick by tick, while you tradeno change0.75/3
“It is calculated based on balance, meaning it follows the account’s highest balance reached and adjusts accordingly as the account grows.”“For 1-Phase evaluations only, the trailing drawdown is set at 6% of the initial account balance and moves upward as your account reaches new highs.”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“Once the trailing drawdown reaches the initial account balance, it stops moving and remains fixed.”The difference between a danger with an end date and one that never ends.
What the limit is measured againstlive equity, open trades includedno change1/2
“If your equity falls below the trailing drawdown limit at any time, the account will be considered breached.”“At no time during the ‘1 Phase’ Evaluation Process or Final Stage have you registered losses in any open or closed demo trades on the same day, which exceeded in total 4% of your balance at 12:05 AM UTC”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit4%, measured on live equity, open trades includedno change0.96/2
“For the 1-Phase Evaluation, the daily maximum loss is 4%, and the trailing drawdown rule applies instead of a fixed overall loss limit.”“Final Stage have you registered losses in any open or closed demo trades on the same day, which exceeded in total 4% of your balance at 12:05 AM UTC”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed6%no change0.50/1
“Phase 1 10% Profit target Maximum daily loss 4% Maximum trailing loss 6% Minimum days traded 0 Maximum days traded Indefinite Leverage Up to 1:100”“6% based on the maximum demo balance until you make a 6% demo profit, at which point your trailing drawdown will remain static at the account’s opening balance”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no change3/3
“The Consistency Rule applies only to Break Final Stage accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money15 days1.60/2
“You may request a scholarship when you have traded for at least 15 days, or, on the alternative, every 30 calendar days, as long as you have not violated any rules.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“Yes. News trading is allowed. We want traders to have the freedom to trade using their own strategy and style.”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no change—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”Leverage1:30 → 1:5by instrument
no change—
by instrument
“STUDENT ACCOUNTS (Match-Trader & MetaTrader 5): Forex; leverage limited to 1:30 Commodities; leverage limited to 1:30 Indices; leverage limited to 1:20 Cryptos; leverage limited to 1:5 Stocks; leverage limited to 1:5”Limit on position sizeThey state there is none.no change—
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$300,000—
“The maximum allocation per user is $300,000. This means that the value of the live account should not exceed three hundred thousand dollars.”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to surviveThey do not say.0/8
we read the page that should answer this and it does not
A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no changeno change3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey state there is none.no changeno change2/2
“There is no minimum number of trading days required for evaluations. No waiting periods.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target5%no changeno change—
“the demo Profit Target of 5% of the initial demo capital in Phase 1, Phase 2 and Phase 3 of the 3-phase evaluation”“or the demo Profit Target of 5% of the initial demo capital in Phase 1, Phase 2 and Phase 3 of the 3-phase evaluation”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changeno changeThey do not say.0/3
“The maximum overall loss is fixed at 5% of the initial account balance.”“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”we read the page that should answer this and it does not
A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades includedno changeno changeThey do not say.0/2
“The account will be considered breached if your equity falls below any of these limits.”“Drawdown breach is based on equity.”“Drawdown breach is based on equity. The daily maximum loss (5%)”we read the page that should answer this and it does not
Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit5%, measured on live equity, open trades includedno changeno changeThey do not say.0/2
“Drawdown breaches are calculated based on equity. The daily maximum loss is 5% and is calculated based on your account balance at 12:05 AM UTC each day.”“The daily maximum loss is 5% and is calculated based on your account balance at 12:05 AM UTC each day.”“Drawdown breach is based on equity. The daily maximum loss (5%) is calculated based on your starting balance at 12:05 AM UTC. ”we read the page that should answer this and it does not
A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed5%no changeno changeThey do not say.0/1
“The maximum overall loss is fixed at 5% of the initial account balance. The account will be considered breached if your equity falls below any of these limits.”“The maximum overall loss is fixed at 5% of the initial account balance.”“The maximum loss limit is fixed at 5% of the initial account balance.”we read the page that should answer this and it does not
How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no changeno changeno change3/3
“The Consistency Rule applies only to Break Final Stage accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money5 days2/2
“For the 3-Phase Evaluation, you can request your first scholarship reward after only 5 traded days, as long as no program rules have been violated.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changeno changeno change—
“Yes. News trading is allowed. We want traders to have the freedom to trade using their own strategy and style.”Mandatory stop-lossThey do not say.no changeno changeno change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no changeno changeno change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no changeno changeno change—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”LeverageThey do not say.no changeno changeno change—
we read the page that should answer this and it does not
Limit on position sizeThey state there is none.no changeno changeno change—
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$300,000—
“The maximum simulated funded allocation per user is $300,000.”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $0.84.40/8
“the demo Profit Goal of 8% of the demo initial capital in Phase 1 or the demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations;”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no change3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inThey state there is none.no change2/2
“There is no minimum number of trading days required for evaluations. No waiting periods.”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target8%5%—
“the demo Profit Goal of 8% of the demo initial capital in Phase 1 or the demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations;”“demo Profit Goal of 5% of the demo initial capital in Phase 2, in the 2-phase or ‘Ascend’ evaluations;”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno change3/3
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades includedno change1/2
“At no time during the ‘2 Phases’ Evaluation or ‘Ascend’ Evaluation Process or Final Stage account have you registered losses in any open or closed demo trades on the same day”“Drawdown breaches are calculated based on equity.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitNo such thing in this plan.—
“Once the Phase 2 profit target is completed, the account will be closed and converted into a redeemable ticket, which will be available in your dashboard under the Withdrawals section.”Taking your money out should not leave you closer to losing the account.
Daily limit5%, measured on live equity, open trades includedno change1.20/2
“‘Ascend’ Evaluation Process or Final Stage account have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC”“Drawdown breaches are calculated based on equity. The daily maximum loss is calculated based on your account balance at 12:05 AM UTC each day. For the 2-Phase Evaluation, the daily maximum loss is 5%”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%no change1/1
“‘Ascend’ Evaluation Process or Final Stage account have you registered losses in any open or closed demo trades on the same day, which exceeded in total 5% of your balance at 12:05 AM UTC or 10% of the initial demo balance.”“which exceeded in total 5% of your balance at 12:05 AM UTC or 10% of the initial demo balance”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsNo such thing in this plan.—
“Once both phases are passed and if no rule has been violated, the student will obtain a scholarship stablished below and the study plan will be finished, no further evaluation will be created.”The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe account ends0/3
“Once the Phase 2 profit target is completed, the account will be closed and converted into a redeemable ticket”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no change3/3
“The Consistency Rule applies only to Break Final Stage accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for moneyThey do not say.0/2
we read the page that should answer this and it does not
How long your money is theirs.
Most one withdrawal can pay you4.2% of the account, at worst1/2
“A scholarship of 210 USD for the USD 5,000 ‘Ascend’ evaluation. A scholarship of 420 USD for the USD 10,000 ‘Ascend’ evaluation. A scholarship of 1050 USD for the USD 25,000 ‘Ascend’ evaluation. A scholarship of 2100 USD for the USD 50,000 ‘Ascend’ evaluation. A scholarship of 4200 USD for the USD 100,000 ‘Ascend’ evaluation. A scholarship of 8400 USD for the USD 200,000 ‘Ascend’ evaluation.”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountNo such thing in this plan.—
“the student will obtain a scholarship stablished below and the study plan will be finished”Profit required before the first requestThey state there is none.1/1
“If you have an Ascend account, you can request a scholarship reward once you complete the Phase 2 profit target. No additional profit percentage is required.”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsyou may not open around a releaseno change—
“IN ASCEND ACCOUNTS, within two minutes before and after high-impact news or market opening, the user must not open or add new positions, raise or aggregate maximum theoretical loss above 2% of the account initial balance.”“In the Ascend Evaluation, you cannot open new trades or increase your risk during high-impact news events or market openings. This restriction applies from 2 minutes before until 2 minutes after the event.”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no change—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”Leverage1:30 → 1:5by instrument
no change—
by instrument
“Ascend Evaluation accounts have the following leverage: Forex: 1:30 leverage Commodities: 1:30 leverage Indices: 1:20 leverage Cryptos: 1:5 leverage Stocks: 1:5 leverage”“The leverage on ascend evaluation is: Forex; 1:30 leverage Commodities; 1:30 leverage Indices; 1:20 leverage Cryptos; 1:5 leverage Stocks; 1:5 leverage”Limit on position sizeThey state there is none.no change —
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growNo such thing in this plan.—
“the study plan will be finished, no further evaluation will be created”How large it can getNo such thing in this plan.—
“The ‘Ascend’ evaluation will have the same conditions as the 2-phase evaluation. Once both phases are passed and if no rule has been violated, the student will obtain a scholarship stablished below and the study plan will be finished, no further evaluation will be created.”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to surviveNo such thing in this plan.—
“Crypto Fund Trader Evaluation Process 0 Phases with an initial demo capital of 2,500 USD”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishwe did not read this stageThey state there is none.3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inwe did not read this stageThey state there is none.2/2
“without the obligation of having a minimum number of days traded”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit targetNo such thing in this plan.10%—
“Crypto Fund Trader Evaluation Process 0 Phases with an initial demo capital of 2,500 USD”“Likewise, in order to scale, 10% of the account must be exceeded, request a scholarship at the same time the amount generated in the scholarship without the obligation of having a minimum number of days traded.”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at all3/3
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades included1/2
“Drawdown breaches are calculated based on equity. The daily maximum loss is calculated based on your account balance at 12:05 AM UTC each day.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit4%, measured on live equity, open trades included0.96/2
“only a demo loss of 4% of the account is allowed on a daily basis”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed6%0.50/1
“In the evaluation of 0 phases the particular conditions are the following: the total demo loss limit is limited to 6% of the account”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“The trailing drawdown applies only to the 1-Phase Evaluation and Break Evaluations.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe share you are paid rises3/3
“Level $2,500 $5,000 $10,000 $20,000 $40,000 $80,000 $160,000 $320,000 $640,000 $1,280,000 Target $2,750 $5,500 $11,000 $22,000 $44,000 $88,000 $176,000 $352,000 $704,000 - Profit Split 50% 60% 70% 80% 90% 90% 90% 90% 90% 90%”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.3/3
“The Consistency Rule applies only to Break Final Stage accounts.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for moneyThey state there is none.2/2
“If you have an Instant Account, you can request a Withdrawal & Upgrade once your account reaches 10% simulated profit. There is no minimum trading days requirement for this option.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first request10%0.40/1
“you can request a Withdrawal & Upgrade once your account reaches 10% simulated profit”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.—
“Yes. News trading is allowed. We want traders to have the freedom to trade using their own strategy and style.”Mandatory stop-lossThey do not say.—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”Leverage1:30 → 1:5by instrument
—
by instrument
“Instant Accounts have the following leverage: Forex: 1:30 leverage Commodities: 1:30 leverage Indices: 1:20 leverage Cryptos: 1:5 leverage Stocks: 1:5 leverage”Limit on position sizeThey state there is none.—
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growprofit · payouts taken — all of them—
“Every time your account reaches 10% simulated profit and you request the “Withdrawal & Upgrade” from the dashboard, your account will double in demo size.”How large it can get$1,280,000—
“You can scale your Instant Account up to $1,280,000.”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.52.40/8
“in the case of ‘Break’ evaluations, the demo Profit Target of 5% of the initial demo capital for $25,000 evaluations, or 6% of the initial demo capital for $50,000 and $100,000 evaluations”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.3/3
“No. We want to give our traders as much freedom as possible, so there is no maximum time limit to complete the evaluation.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in1 days2/2
“Trailing drawdown $1,000 Min days traded 1 Consistency Rule NO”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target6%—
“in the case of ‘Break’ evaluations, the demo Profit Target of 5% of the initial demo capital for $25,000 evaluations, or 6% of the initial demo capital for $50,000 and $100,000 evaluations”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises tick by tick, while you tradeno change0.75/3
“For $25,000 and $50,000 Break accounts, traders must not register losses in any open or closed demo trades which, in total, exceed 4% of the highest demo account balance reached.”“The Trailing Loss Limit applies during both the Break Evaluation and the Break Final Stage.”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“Once your account has made profits over 4% in the 25k and 50k accounts and 3% in the 100k account, the trailing drawdown locks in the initial accounts balance.”The difference between a danger with an end date and one that never ends.
What the limit is measured againstlive equity, open trades includedno change1/2
“may the trader register losses in any open or closed demo trades on the same day which, in total, exceed 4% of the maximum demo account balance.”“If the applicable Trailing Loss Limit is exceeded at any time, the account may be considered to have breached the applicable trading rules.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“No Minimum Trading Days Up to 500k in Break Funded No Daily Loss Limit”“Up to 500k in Break Funded No Daily Loss Limit”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed4%no change0.25/1
“At no time during the $25,000 and $50,000 ‘Break’ Evaluation process or ‘Break’ Final Stage may the trader register losses in any open or closed demo trades on the same day which, in total, exceed 4% of the maximum demo account balance.”“The Trailing Loss Limit applies during both the Break Evaluation and the Break Final Stage. For $25,000 and $50,000 Break accounts, traders must not register losses in any open or closed demo trades which, in total, exceed 4% of the highest demo account balance reached.”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe consistency calculation starts over1.50/3
“Please note that if a payout is requested and this requirement is not met, the payout request shall be rejected until the requirement is fulfilled. These conditions reset after every approved payout.”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.it delays the payout2.10/3
“The Consistency Rule applies only to Break Final Stage accounts.”“If one trading day exceeds this amount, you will need to continue trading until your profits are more evenly distributed before submitting a new request.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“The parties agree that SWISS RLCRATES AG may, under certain circumstances, not pay the paid scholarship despite the trader’s achievement, waiving any subsequent claim.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for moneyThey state there is none.2/2
“There is no minimum number of traded days required to request a scholarship reward on Break accounts.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“Yes. News trading is allowed. We want traders to have the freedom to trade using their own strategy and style.”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendThey state there is none.no change—
“Yes. Traders are allowed to keep positions open overnight and over the weekend, regardless of the account type or instrument.”Leverage1:100by instrument
no change—
by instrument
“All Break accounts have a leverage of 1:100, regardless of the asset class traded, account size, or platform used.”“What leverage is available in the Break Evaluation? All Break accounts have a leverage of 1:100, regardless of the asset class traded, account size, or platform used.”Limit on position sizeThey state there is none.no change—
“There is no lot size limit. The lot limit will depend on the available margin and leverage of the account.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$500,000—
“Up to 500k in Break Funded”Where the path endsat a larger simulation—
“The funds provided to you during Phase 1, Phase 2, Phase 3 or ‘Final Stage’ phase are DEMO funds. These funds are not real funds and cannot be used for real operations.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin the document its own contract points at4/4
“In order for you to meet our conditions of the Evaluation Process, you must fulfill all of the following parameters at the same time by the end of the trading period:”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeyes, and it says so0.60/3
“1.3.1 The Company may modify these Conditions or any Policy at any time at its sole discretion. 1.3.2 You are responsible for reviewing such updates and any applicable changes.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedThey do not say.0/2
we read the page that should answer this and it does not
Without a date you cannot tell whether the rule you read is the rule they apply.
Two official pages that disagree
the fees · costs money
“389 USD for the Crypto Fund Trader Evaluation Process with an initial demo capital of 50,000 USD”“2 Steps Evaluation to be virtual funded with up to $50,000 is priced at $360.”the fees · costs money
“40 USD for the Crypto Fund Trader Evaluation Process with an initial demo capital of 5,000 USD”“1 Step Evaluation to be virtual funded with up to $5,000 is priced at $63.”the account size or the speed · costs credibility
“Profit Target: $1,250 Trailing drawdown $1,000 Min days traded 1 Consistency Rule NO Leverage 1:100”“Profit Target: $1,250 Trailing drawdown $1,000 Min days traded 0 Consistency Rule NO Leverage 1:100”The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract withSWISS RLCRATES AGno change4/4
“These TERMS AND CONDITIONS (“Terms”) set out the rights and obligations of all users (“You”) in relation to the use of this website SWISS RLCRATES AG (“Company”, “our”, or “us”) domiciled at Bahnhofstrasse 21, 6300 ZUG.”“In case the Client successfully completes our two phases of the Evaluation Process, the Client must sign an individual agreement signed between the Client and SWISS RLCRATES AG.”With no named company there is nobody to sue.
Where it is registeredwe did not read this stageSwitzerland (canton of Zug)2/2
“To the fullest extent permitted by law, this agreement is governed by the laws of Switzerland, and hereby you consent to the exclusive jurisdiction and venue of courts in Switzerland (canton of Zug), in all disputes arising out of or relating to the use of the Site.”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration numberwe did not read this stageCHE-162.567.2042/2
“SWISS RLCRATES AG (CHE-162.567.204)”What turns a name into something checkable in a public register.
That company owns the brandyes2/2
“15.2. The Company’s trademarks may not be used in connection with any product or service without the prior written consent of the Company.”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedThey do not say.0/2
we read the page that should answer this and it does not
Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with no route to real capital0/4
“3.1.5 In all cases of our service you will only get DEMO account credentials, proper to our training program.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketNo such thing in this plan.—
“3.1.5 In all cases of our service you will only get DEMO account credentials, proper to our training program.”Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.