Trading Dashboard

FREQUENTLY ASKED QUESTIONS

01

Evaluation Accounts
Once funded, you will receive 75% of your profits in your first month. Thereafter, it will increase every month up to 95%.
 
Month 2: 80%
Month 3: 85:
Month 4+: 95%

Instant Accounts
Instant accounts will receive 70% of profits.

02

Holding trades over the weekend is allowed on our Evaluation accounts.

03

There is no limit to the number of active accounts a trader may have.

04

All evaluation accounts will receive a refund equal to the value of their challenge on purchase value on the first payout.

05

Your trading account will be suspended, and you will no longer be able to trade or progress through your challenge. Traders may continue trading as normal on all other accounts that are not breached.

06

Evaluation Challenge

Payouts can only be done on the funded phase. Your first payout can be made 30 calendar days after your first trade, and after 10 trading days. (Please see Evaluation and Trading account rules for explanations on these terms)

Instant Accounts

Payouts can be made 7 calendar days after your first trade.

07

Challenge Payout

First you must perform at least one payout across your challenge accounts. This process is automatic and instant, and will automatically add your profits to your wallet.

Wallet Payout

Your wallet will keep track of all of your profits, allowing you to continue trading without waiting for manual review. Once you’ve collected the minimum amount for a payout (see below) you may request a payout from your wallet. 

 

Minimum Amounts per Payout Method

EFT: R 250

Crypto: R 500

 

08

We do not under any normal circumstances support exchanging accounts between trading platforms after purchase.

If you believe that your account is an exception, or we have announced an exception to this rule, you may email our support (servicedesk@windlu.com) for more information.

01

We currently offer Match-Trader as our trusted trading platform.

02

Drawdown

Each challenge has a drawdown amount, expressed as %. The drawdown refers to the maximum amount of funds that a trader may lose at a given time. If a trader’s equity falls below this amount at any point, their account will be automatically breached.

For example, the Standard ZAR Evaluation has a drawdown of 12%. This means that your trading account’s equity and balance may never fall below your starting balance (100,000) – 12% (12,000). It also has a daily drawdown of 5%, meaning that your trading account’s equity may never fall below (start of day equity) – 5%.

Traders will be able to track these calculated values at any time from the Prop Dashboard.

There are two drawdown types: Daily Drawdown and Overall Drawdown

Daily Drawdown

The daily drawdown is recalculated on equity every day at midnight server time (UTC+0). It is completely based on equity.

 

Overall Drawdown

The overall drawdown is never recalculated and is based on the starting capital of your challenge.

03

Active Days and Trading Days are both tracked metrics of your trading account which are used to upgrade your challenge phases and perform payouts. Each account has a minimum requirement of these two metrics. Both of these metrics are refreshed at midnight server time (UTC+0)

Both of these figures can be tracked, and the traders’ progress can be viewed towards these targets from the Prop Dashboard.

 

Active Days

Active Days are the number of days that have passed since your first trade.

 

Trading Days

Trading Days are the number of unique days which you have placed a trade on. For example, if you have placed 2 trades on Monday and 1 on Tuesday, that will result in 2 Trading Days.

04

Traders are required to hit profit targets in order to progress through challenge phases and request payouts. Profit targets are often expressed as percentage values, which is calculated as % of the account size.

For example, the Standard ZAR Evaluation has a profit target of 8% on phase 1. This means that traders will have to reach a balance of 100,000 + 8% (8,000) before they can upgrade to the next phase.

Traders will be able to track this value and their progress from the Prop Dashboard.

05

Windlu recommends traders use a strict trading plan and risk management strategy to pass an evaluation.
 
Due to the high volatility of news events, we do not allow trading on macroeconomic events in our Virtual funded(LIVE) phase. It is the traders responsibility to refrain from trading during all macroeconomic News Events, these are indicated by a red folder events on Forex Factory (www.forexfactory.com). The timeframe for news events are 10 minutes before and 10 minutes after a macroeconomic news release. Any trades that hit the stop loss (SL), take profit (TP), or are manually opened or closed within the specified period will be considered a violation. Any other method of trading, i.e Sell Stops, Buy Stops and the likes are also prohibited during this timeframe. Anyone part-taking in such activities will get their account(s) suspended.
 
Trading activities that are used to take advantage of the inefficiencies of Match-Trader. Trading with any “bots”, Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, Opposite account trading, Overleveraging, Overexposure, One-sided bets, Account Rolling and HFT (High Frequency Trading) is not allowed with Windlu’s Evaluation Accounts. Under the lots size consistency rule, position size consistency is enforced during all the phases of the Windlu Evaluation program. Anyone part-taking in such activities will get their account(s) suspended. Windlu reserves the right to limit lot sizes and implement any other restrictions whatsoever on all accounts.
 
For more information and rules around trading behaviour on the Windlu platform, please visit our Terms and Conditions

06

Our trading platforms offer the following categories of instruments:
Forex
Contract for Difference (CFD) including index CFDs
Commodities
Crypto Pairs

07

If your account is inactive for 30 days, it will be automatically breached. If you do not inform us within 10 days of the breach of the reason for the inactivity, the account will remain permanently breached.
 
This rule is to prevent us from having thousands of hedged trades on abandoned accounts within the Windlu platform. If you are planning to be away for a prolonged period of time, please inform us and we will ensure your account stays active.
 
Please reach us at servicedesk@windlu.com.

08

As the original rule suggests, it is crucial that all trading activity with Windlu is your own. This means that every decision made, and every trade made comes from your creation and not the hands of others. Since this rule has been causing requirements for clarity, we have decided to include this rule as an addition to make sure there are no grey areas.
 
Anyone using any vendor that promotes the passing of a prop firm evaluation or challenge will be banned. Therefore, any third-party vendor selling any service, whether its account management or an EA, that promotes usage on any prop firm, is forbidden.
 
The market does not function in a manner where every user can trade the same and it remains efficient. Having pending orders bigger than the market does nothing but ruin the prop firm opportunity for everyone else and so the use of such services is prohibited.
 
We are here to provide education to aspiring traders and we want this opportunity to last a long time.