SureLeverageFunding (SLF) has announced a significant update to its operational rulebook, removing several of the restrictions that caused the most friction among its users. These changes apply automatically and retroactively to all firm accounts, both new and existing, without the need for updates or additional payments.
Removal of Operational Restrictions
The firm has confirmed the definitive removal of three regulations that limited trader flexibility:
- Stop Loss Requirement: It is no longer mandatory to place a stop loss on trades. Previously, traders had to set one within 5 minutes of opening a position.
- Lot Size Consistency: The rule requiring position sizes to stay within a range based on historical averages (maximum +100% and minimum -75%) has been eliminated.
- Margin Rule: The firm has also announced the removal of this restriction, simplifying margin conditions within the account.
Profit Consistency Remains in Effect
It is crucial to distinguish that while lot consistency has been removed, Profit Consistency remains active. This rule limits the maximum percentage of profit a trader can generate in a single day relative to the total payout period, and it varies by account type:
- 1 Step Evaluation: 50% limit per day.
- 2 Step, Instant Funding Static, and EA Challenge: 25% limit.
- Instant Funding Trailing and Buy Now, Pay Later: 20% limit.
- Instant Funding Lite: 15% limit.
- Futures Style 1 Step Pro: 40% limit in the funded stage.
Other Details and Current Rules
The firm has signaled the return of Full Port Accounts, although specific details regarding their conditions or costs have not yet been published.
On the other hand, the rest of SLF's regulations remain unchanged. Tick scalping (trades under 2 minutes), HFT, latency arbitrage, and the use of martingale strategies remain prohibited. Additionally, the inactivity rule remains in place, requiring at least one trade or pending order every 30 days to keep the account active.
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