Terms of Use in a Simulated Trading Environment
1. Trade with Discipline and Consistency
Trading success requires patience and control. There’s no need to rush—GoldStoneX provides unlimited time to complete the 1-Step Challenge Phase. The focus is on building discipline and consistent performance rather than quick wins.
2. Trading Rules and Behavior
GoldStoneX offers a 1-Step Challenge Phase designed to assess your trading ability, strategy, and risk management under realistic simulated conditions. After reaching the profit target without breaching any rules, your performance will be reviewed by our Risk Team. Reviews are typically completed within two business days.
If any trading rule is breached, all open positions will be closed immediately, and the account will be terminated without eligibility for rewards.
2.1 Phase 1
Phase 1 tests your trading performance on a simulated account.
- Profit Target: 10%
- Maximum Loss: 6% (Trailing equity until 6%, after 6% set on initial balance)
- Maximum Daily Loss: 3% (Highest between balance and equity at market closure)
- Minimum Trading Days: 3 (To count as a trading day, you must close the day with at least +0.5% profit)
- Trading Period: Unlimited
You must reach the profit target without breaching any risk limits.
2.2 Maximum Daily Loss Limit (3%)
The daily loss is capped at 3% of the day’s starting value, defined as the highest figure between the account’s balance and equity at the rollover time (market close). This limit includes both closed trades and floating PnL.
If at any point during the day your equity falls below 3% of this reference value, the account will be considered breached.
The daily loss counter resets every 24 hours at server time.
2.3 Maximum Loss Limit (6%)
The overall drawdown operates on a Trailing Lock system. Equity will trail until reaching 6%, after which it becomes locked on the initial balance.
For example, on a $100,000 account, the trailing equity will move with profits until the account reaches a 6% gain. After that point, the maximum loss is set on the initial balance, and the equity must not fall below $100,000 at any time.
Breaching this limit will result in immediate account termination.
2.4 News Trading and Weekend Holding
During Phase 1, traders may hold positions over the weekend and trade during high-impact news events or speeches without restrictions.
This rule applies only to Funded Trader Accounts. In the Funded stage:
- Profits from trades opened or closed within 5 minutes before or after a high-impact news or speeches event will not be counted. The first-time violation will be considered a Soft Breach, and the trader will be notified. This restriction applies to all forms of trade execution, such as manual, pending, stop loss and take profit orders. Losses that may result during the prohibited window will be counted and the trader is responsible if the Daily Loss Limit or Maximum Loss Limit is reached.
- Repeated violation again will result in account termination.
- During the Funded Trader Account holding trades during the weekend is allowed.
This restriction exists to maintain fairness and prevent execution advantages.
The list of high-impact news events will be referenced from the FMP (Financial Market Pro) calendar available in the trader dashboard.
2.5 Trading Strategy
You are free to trade your strategy as long as it align with GoldStoneX rules. The use of Expert Advisors (EAs) is permitted as long as they are not based on abusive techniques such as:
- Server spamming
- Tick scalping
- Latency arbitrage
- Toxic trading flow Hedging, reverse arbitrage, or opposite account trading
- Toxic trading
- Copy trading or account management by a third party
GoldStoneX allows EAs used for trade or risk management, but not those designed for price feed exploitation or mirrored execution. Violations will result in immediate account closure.
3. Manipulative Trading Activity
GoldStoneX strictly prohibits all forms of toxic or manipulative trading activity, including but not limited to:
- Excessive position sizes relative to account balance
- Over-leveraging or gambling behavior
- Arbitrage of any kind (latency, hedge, or reverse)
- Overtrading without strategy
- Exploiting price feed delays or using external trade copiers
Repeated toxic trading patterns may result in:
- Reduction of leverage
- Restriction on lot sizes or number of trades
- Account termination or Permanent ban from the platform
The goal of GoldStoneX is to promote skilled, risk-aware trading—not unsustainable or exploitative behavior.
4. Asset Classes
You may trade across the following asset classes under the GoldStoneX 1-Step
Challenge Phase:
- Forex: 1:30 leverage
- Metals: 1:10 leverage
- Indices: 1:10 leverage
- Crypto: 1:1 leverage
- Energy : 1:5 leverage
5. Account Credentials
Once your evaluation purchase is complete, GoldStoneX will send your login credentials by email.
You are responsible for maintaining account confidentiality.
Changing credentials, using trade copiers, or sharing account access with third parties is strictly prohibited.
GoldStoneX actively monitors trading behavior and reserves the right to suspend accounts involved in unauthorized activities.
6. Rewards & Payouts
6.1 Reward Cycle and Profit Split
After completing Phase 1 and User Verification Process and receiving the Risk Department’s approval you will receive a Funded Trader Account with access to regular profit withdrawals based on your chosen cycle:
- Bi-weekly: 80% profit split
- Monthly: 95% profit split
- Minimum Reward Required: 1% (This is the minimum reward required for payouts for account size)
- Violation Clause: Any breach of trading rules before payout approval will result in payout denial and potential account closure.
- Processing time: 24–48 hours after payout approval.
Note: Transfers are subject to exchange rates and transaction fees. All tax obligations on payouts rest solely with the Trader.
7. Scaling Up Your Account
Traders demonstrating consistent performance and profitability are eligible for scaling opportunities.
GoldStoneX offers scaling up to a maximum of $300,000 total allocation.
Rules/requested criteria’s:
- Achieve 10% account growth over 3 consecutive months.
- At least 2 profitable months within 3-month cycle.
- Receive at 3 payouts in that period.
- Have a profitable last trading month.
If this rules/criteria’s are meet the trader will receive a 30% increase of the account every 3 months up to 300,000$ value.
8. Two-Minute Holding Rule
All trades executed on Funded Trader Accounts must comply with the Two-Minute Holding Rule. Each position must remain open for at least two (2) minutes before it may be closed.
Closing trades instantly or within a few seconds in an attempt to generate artificial profits is strictly prohibited and will be treated as a breach.
Violation Consequences
- First Violation (Soft Breach):
Any profits generated from trades that violate the Two-Minute Holding Rule will be removed from the account balance. - Second Violation (Hard Breach):
A repeated violation will be classified as a hard breach, resulting in the termination of the Funded Trader Account.
9. Merging Accounts
You can merge multiple 1-Step Funded Trader Account up to a combined total of $300,000. Only accounts from the same model (1-Step) can be merged.
10. Refunds
User may request a refund within the first 7 days of purchase, provided that:
- No trading activity has occurred on the account.
Once the first trade has been placed or the 7-day period has expired (whichever comes first), the fee becomes non-refundable.
All approved refunds will be processed via the original payment method only.
11. Inactivity Rule
If a trading account remains inactive for 30 consecutive days, it will be automatically terminated.
12. IP Address
You can access your GoldStoneX account from anywhere in the world. However, if unusual or unrealistic IP activity is detected, you may be asked to verify your identity.
Acceptable forms of proof include:
- Plane ticket or boarding pass
- Passport stamp from the current location
- Live video verification
This policy protects traders and ensures account integrity. Unable to provide proof will lead to account termination.
13. Legal and Jurisdiction
- Governing Law: United Arab Emirates
- Jurisdiction: Emirate of Dubai
- Dispute Resolution: Arbitration conducted in Dubai in English
14. Contact Information
GoldStoneX L.L.C-FZ
Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E
Email: info@goldstonex.com
Website: https://goldstonex.com
1. Trade with Discipline and Consistency
Success in the GoldStoneX 2-Step Challenge Phase is about precision, not speed. You have unlimited time to complete both challenge steps— what matters is consistent and controlled trading performance. The program is designed to help you demonstrate discipline under realistic conditions without time pressure.
2. Trading Rules and Behavior
The 2-Step Challenge Phase consists of two distinct steps: Phase 1 and Phase 2.
Each phase tests your ability to generate profits while maintaining strict risk management and trading discipline.
If any trading rule is breached at any stage, all open positions will be closed immediately, and the account will be terminated with no eligibility for funding or rewards.
2.1 Phase 1
In Phase 1, traders must prove their capability to trade consistently under the set risk parameters.
- Profit Target: 8%
- Maximum Loss: 10% (Static based on starting balance)
- Maximum Daily Loss: 5% (Based on highest between equity and balance at market closure)
- Minimum Trading Days: 3 (To count as a trading day, you must close the day with at least +0.5% profit)
- Trading Period: Unlimited
Your objective is to achieve the 8% profit target without breaching either the maximum daily or total loss limits.
2.2 Phase 2
Upon successful completion of Phase 1, you will proceed to Phase 2 — a confirmation stage to validate your performance.
- Profit Target: 5%
- Maximum Loss: 10% (Static based on starting balance)
- Maximum Daily Loss: 5% ( Highest between balance and equity at market closure)
- Minimum Trading Days: 3 (To count as a trading day, you must close the day with at least +0.5% profit)
- Trading Period: Unlimited
This stage ensures that your profitability was not achieved by luck or high risk. Once you complete this step successfully, followed by User Verification Process and receiving the Risk Department’s approval you will receive a Funded Trader Account.
2.3 Maximum Daily Loss Limit (5%)
The daily loss is capped at 5% of the day’s starting value, defined as the highest figure between the account’s balance and equity at the rollover time (market close). This limit includes both closed trades and floating PnL.
If at any point during the day your equity falls below 5% of this reference value, the account will be considered breached.
The daily loss counter resets every 24 hours at server time.
2.4 Maximum Loss Limit (10%)
Your total drawdown is capped at 10% of the initial account balance.
At no point can your account equity drop below this level. For instance, if your starting balance is $100,000, your equity must never fall below $90,000.
2.5 News Trading and Weekend Holding
During the Challenge Phase, traders may hold positions over the weekend and trade during high-impact news events or speeches without restrictions.
This rule applies only to Funded Trader Account. In the Funded stage:
- Profits from trades opened or closed within 5 minutes before or after a high-impact news or speeches event will not be counted. The first-time violation will be considered a Soft Breach, and the trader will be notified. This restriction applies to all forms of trade execution, such as manual, pending, stop loss and take profit orders. Losses that may result during the prohibited window will be counted and the trader is responsible if the Daily Loss Limit or Maximum Loss Limit is reached.
- Repeated violation again will result in account termination.
- During the Funded phase holding trades during the weekend is allowed.
These restrictions exist to prevent execution advantages and maintain fairness for all traders.
The list of high-impact news events will be referenced from the FMP (Financial Market Pro) calendar available in the trader dashboard.
2.6 Trading Strategy
Traders have the freedom to use any strategy that aligns with GoldStoneX rules. EAs and automated systems are permitted as long as they don’t involve exploitative practices such as:
- Server spamming
- Tick scalping
- Latency arbitrage
- Toxic trading flow Hedging, reverse arbitrage, or opposite account trading
- Toxic trading
- Copy trading or account management by a third party
EAs designed for trade management or risk control are acceptable. Violations of prohibited trading activities will result in immediate account termination.
3. Manipulative Trading Activity
GoldStoneX strictly prohibits all forms of toxic or manipulative trading activity, including but not limited to:
- Over-leveraging or full-margin exposure
- Overtrading without clear logic or plan
- Arbitrage or latency-based execution
- Trading during illiquid hours to exploit price feed discrepancies
- Copy trading between multiple firms
Traders exhibiting such behavior may face:
- Reduced leverage
- Lot size or trade count restrictions
- Account termination or permanent ban
GoldStoneX promotes skill-based, sustainable trading focused on long-term growth.
4. Asset Classes
You can trade the following under the 2-Step Challenge Phase:
- Forex: 1:50 leverage
- Metals: 1:10 leverage
- Indices: 1:10 leverage
- Crypto: 1:1 leverage
- Energy: 1:5 leverage
5. Account Credentials
Upon purchasing your 2-Step Challenge Phase, login credentials are sent directly to your registered email.
Changing credentials, using trade copiers, or sharing account access is strictly prohibited.
GoldStoneX continuously monitors trading activity for security and integrity. Any suspicious activity or unauthorized access may result in suspension or termination.
6. Rewards & Payouts
6.1 Reward Cycle and Profit Split
After completing both phases successfully, followed by the User Verification Process and receiving the Risk Department’s approval, traders will receive a Funded Trader Account eligible for profit withdrawals.
You can choose your preferred reward cycle:
- Bi-weekly: 80% profit split
- Monthly: 95% profit split
- Minimum Reward Requires: 1% (This is the minimum reward required for payouts for account size)
- Violation Clause: Any breach of trading rules before payout approval will result in payout denial and potential account closure.
- Processing time: 24–48 hours after payout approval.
Note: Transfers are subject to exchange rates and transaction fees. All tax obligations on payouts rest solely with the Trader.
7. Scaling Up Your Account
Consistent traders may qualify for scaling opportunities.
GoldStoneX allows traders to scale up their funded accounts up to a maximum combined allocation of $300,000.
Rules/requested criteria’s:
- Achieve 10% account growth over 3 consecutive months.
- At least 2 profitable months within 3-month cycle.
- Receive at 3 payouts in that period.
- Have a profitable last trading month.
If this rules/criteria’s are meet the trader will receive a 30% increase of the account every 3 months up to 300,000$ value.
Scaling eligibility and requirements are evaluated periodically based on performance.
8. Two-Minute Holding Rule
All trades executed on Funded Trader Accounts must comply with the Two-Minute Holding Rule. Each position must remain open for at least two (2) minutes before it may be closed.
Closing trades instantly or within a few seconds in an attempt to generate artificial profits is strictly prohibited and will be treated as a breach.
Violation Consequences
- First Violation (Soft Breach):
Any profits generated from trades that violate the Two-Minute Holding Rule will be removed from the account balance. - Second Violation (Hard Breach):
A repeated violation will be classified as a hard breach, resulting in the termination of the Funded Trader Account.
9. Merging Accounts
Traders may merge multiple 2-Step Funded Trader Accounts up to a maximum combined total of $300,000.
Merging is only possible between accounts of the same challenge model (2-Step).
10. Refunds
User may request a refund within the first 7 days of purchase, provided that:
- No trading activity has occurred on the account.
Once the first trade has been placed or the 7-day period has expired (whichever comes first), the fee becomes non-refundable.
All approved refunds will be processed via the original payment method only.
11. Inactivity Rule
If no trades are executed for 30 consecutive days, the account will be automatically terminated.
12. IP Address & Verification
GoldStoneX allows traders to operate from any global location.
However, to maintain platform security, abnormal IP activity may trigger a verification request.
You may be asked to provide:
- A plane ticket or boarding pass
- A passport stamp showing location
- A live video verification
These steps ensure account protection and compliance with platform security protocols. Unable to provide proof will lead to account termination.
13. Legal and Jurisdiction
- Governing Law: United Arab Emirates
- Jurisdiction: Emirate of Dubai
- Dispute Resolution: Arbitration conducted in Dubai, U.A.E. (Language: English)
14. Contact Information
GoldStoneX L.L.C-FZ
Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E
Email: info@goldstonex.com
Website: https://goldstonex.com
1. Program Intent
The Instant Funded account ( Funded Trader Account ) gives traders immediate simulated funding. There is no challenge profit target. The program rewards disciplined, risk-aware trading under the rules below.
2. Trading Rules and Behavior
Breaking any rule leads to immediate account closure and loss of payout eligibility.
2.1 Overview
- Profit Target: None (not applicable for Instant)
- Maximum Loss: 5% (trailing equity until 5%, after which is set to the initial balance)
- Maximum Daily Loss: 3% (Highest between balance and equity at market closure)
- Minimum Trading Days: 0
- Consistency on Rewards: Your best day must not exceed 15% of total profit for the payout period.
- Leverage: FX 1:30, Indices 1:10, Metals 1:10, Energy 1:5, Crypto 1:1
- Reward Cycle: On demand.
- Refunds: Challenge Fee is Non-refundable for Instant Funded Account.
2.2 News and Weekend Policy
- News trading: Is allowed on Instant Funding Accounts.
- Weekend holding: Is allowed for Instant Funding Accounts.
- Calendar source: High-impact news timing is referenced from FMP (Financial Market Pro) via the trader dashboard.
2.3 Lock Upon Payout
Once a payout request is approved, the account will automatically Lock Upon Payout.
This mechanism resets the drawdown level to the starting balance after the payout is processed.
It ensures consistent risk management and maintains the account’s original safety structure for continued trading performance.
2.4 Trading Strategy Restrictions
You may trade using any legitimate strategy except the following prohibited practices:
high-frequency or server-spamming activity, gap trading, latency or hedge arbitrage, hedging across multiple accounts, toxic order flow, long–short or reverse arbitrage, tick-scalping, opposite-account trading, server-execution manipulation, third-party copy trading, or third-party account management.
Use of third-party Expert Advisors (EAs) is permitted only for risk-management or trade-management functions.
Any other use of third-party EAs—including strategy automation—is strictly prohibited and will result in account closure.
3. Two-Minute Holding Rule
All trades executed on Funded Trader Accounts must comply with the Two-Minute Holding Rule. Each position must remain open for at least two (2) minutes before it may be closed.
Closing trades instantly or within a few seconds in an attempt to generate artificial profits is strictly prohibited and will be treated as a breach.
Violation Consequences
- First Violation (Soft Breach):
Any profits generated from trades that violate the Two-Minute Holding Rule will be removed from the account balance. - Second Violation (Hard Breach):
A repeated violation will be classified as a hard breach, resulting in the termination of the Funded Trader Account.
4. Inactivity
If no trades are opened for 30 days, the account is considered in breach and will be suspended or closed.
5. Scaling & Merging
- Scaling Up: Not available for Instant Funded accounts.
- Merging Accounts: Not available for Instant Funded accounts.
6. IP Address & Verification
You can trade from anywhere. If your IP pattern changes abnormally, the team may request proof such as:
- Plane ticket or boarding pass.
- Passport stamps of the country entered.
- Live video verification.
Unable to provide proof will lead to account termination.
7. Rewards and Payouts
Traders under the Instant Funded Program are eligible for rewards based on the following conditions:
- Reward Cycle: On Demand.
- Profit Split: 80% to the trader and 20% to GoldStoneX.
- Consistency Rule: The trader’s best trading day must not exceed 15% of total profit during the payout cycle. The trader should continue trading until this criteria is meet.
- Minimum Reward Required: 3% (This is the minimum reward required for payouts for account size)
- Lock Upon Payout: Once a payout is approved, the account will automatically lock upon payout, moving the drawdown level back to the starting balance to maintain consistency in risk control.
- Violation Clause: Any breach of trading rules before payout approval will result in payout denial and potential account closure.
- Processing time: 24–48 hours after payout approval.
Note: Transfers are subject to exchange rates and transaction fees. All tax obligations on payouts rest solely with the Trader.
8. Legal
- Governing Law: United Arab Emirates
- Jurisdiction: Dubai
- Dispute Resolution: Arbitration in Dubai, in English.
9. Legal
GoldStoneX L.L.C-FZ
Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E
Email: info@goldstonex.com
Website: goldstonex.com