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Galactic Plan FAQ

  • Complete the 1st phase of the challenge by meeting the 10% profit target and adhering to trading rules. 
  • Upon successful completion of 1st phase, progress to the 2nd phase, which involves meeting 5% targets and rules. 
  • After successfully passing both steps, complete the KYC verification and sign the agreement process to activate your funded account. 

Daily Drawdown:  

Daily Drawdown is the maximum loss a trader can incur within a single trading day. At Prime Fund 360, the daily drawdown is set at 5% of the starting balance or equity for the day. If this limit is exceeded, the account may be disqualified or restricted.

Max Overall Drawdown:

The maximum allowable loss from the initial capital is 10%. This means that your total losses cannot exceed 8% of the initial capital. This limit helps in managing risk and protecting the firm’s capital. Exceeding this limit will lead to disqualification from the challenge.

Profit Split:1

  • Standard Profit Split: 80% for the trader and 20% for the firm. 
  • Profit Split Adjustments: Option to increase profit split through add-ons. 

Payout Information: 

  • Default Payout Frequency: Bi-Weekly. 
  • Available Payout Methods: Direct Crypto, Bank Transfer. 
  • Add-on Options: Daily Payouts available with the Daily Add-on. 
  • No Minimum Add-on: Allows passing the challenge without minimum trading days and enables on-demand payouts. 
  • Profit Split Add-on: Increases profit split to 90% for the trader and 10% for the firm. 
  • Leverage Add-on: Boosts leverage in Funded Phase from 1:15 to 1:30 . 
  • Daily Add-on: Changes payout frequency to daily. 

Profit Target

  • Phase 1 Target: Achieve a profit of 10% above the initial capital provided for the first phase of the challenge 
  • Phase 2 Target: Achieve a profit of 5% above the initial capital provided for the second phase of the challenge. 
  • Target Details: Specific profit targets will be outlined at the beginning of each phase based on the initial capital chosen. 

Risk Management 

  • Objective: Adhere to risk management rules to protect trading capital. 
  • ✅ Daily Drawdown: 5% – The maximum loss you can incur in a single trading day.
    ✅ Maximum Loss: 10% – The total maximum loss allowed from your initial account balance.
    • Trading Rules Compliance: Ensure all trades adhere to specified limits on trade size, position limits, and leverage. 

    Prohibited Practice 

    • Speculative Trading Only: The program is designed for speculative trading strategies. Non-speculative trading behaviors are prohibited. 
    • Arbitrage Trading: It is prohibited to use strategies that exploit price discrepancies or glitches, known as arbitrage trading. 
    • High-Frequency Trading: High-frequency trading, where the majority of trades last only a few seconds, is not allowed. 
    • Bracketing Strategies: Avoid opening pending orders around high-impact news events. 
    • Technology Interference: Any technology that interferes with the platform’s networking is prohibited. 
    • System Exploitation: Do not intentionally or unintentionally exploit system errors, inaccuracies, or delays in price display. 
    • External Feeds: Executing trades based on external feeds is prohibited. 
    • Trade Manipulation: Avoid manipulating trades through collaboration, connected accounts, or simultaneous opposing positions. 
    • Software and AI: The use of software, AI, ultra-high speed trading, or mass data entry that provides an unfair advantage is not allowed. 
    • Gap Trading: Performing gap trading is prohibited. 
    • Market Conduct: Do not execute trades that contradict typical market practices or may cause financial harm to the service provider. 
    • Price Discrepancies: Exploiting price discrepancies between the PrimeFund360 platform and other feeds is not allowed. 
    • Coordination and Copy Trading: Trade coordination or copy trading with other traders or accounts is prohibited. 

    Expert Advisors (EAs): The use of Expert Advisors that scalp during the rollover night, or any EA that performs the following is prohibited: 

    • Copying trades from other signals 
    • Tick scalping 
    • Latency, reverse, or hedge arbitrage trading 
    • Using emulators