fbpx

Terms & conditions

Trade The Pool - Genral Terms & Conditions

Trade The Pool (“Company”, “Owner”) operates an Online Funding and Growth Trading Program, operated by FIVE PERCENT ONLINE LTD, incorporated in the United Kingdom as a registered UK Company number 12553363, and owned by Five Percent Online LTD (Israel) Company Number 515864007 / LEI: 894500CK24MUEFQG0E92.

Five Percent Online Ltd is operated and governed by the laws of the United Kingdom. The official address is: Enstar House, 168, Praed Street, London, United Kingdom, W2 1RH.

Trade The Pool provides fully-funded stock trading accounts with monthly profit payout plans and lucrative growth scenarios for traders that qualify for the Program’s trading requirements.

Under a 3rd party contract, Trade The Pool recruits talented traders to provide professional services for the company, on the company’s platform and using the company’s assets and funds.

Trade The Pool is not a broker, not associated with any particular broker, and does not serve financial trading services of any type.

Trade The Pool does not invest clients’ capital in the financial markets. All funding of trading accounts is sourced by the Company’s own capital.

Trade The Pool is a brand name, operated by Five Percent Online LTD, and is a privately owned Legal Corporation, performing a Nostro-investment operation  It does not operate as a Financial Institution of any type, nor a Broker Marketing platform, and does not accept Investor’s capital.

Trade The Pool is aware ( and operates within) the regulatory requirements of  the U.S.  It operates Under a restrictive legal advisory body to ensure we fully comply with the U.S. law and regulatory requirements. The full document will be provided to any official enforcement organization of the U.S. authorities by official and authorized requests to help@TradeThePool.com.

 

PARTICIPANTS IN THIS AGREEMENT

The Fund – is the alias name for Trade The Pool.

The Program – refers to the various program options, with their full requirements, goals, objectives, restrictions, and variables.

Trader – is to describe the Trader in the stage of evaluation, and at this time has not yet fulfilled all the requirements.

Funded Trader Level 2 – is used to describe a trader who has successfully completed the Level 1 targets under the trading requirements.

PROGRAM DESCRIPTION

Signing up for the Program begins with a limited capital trading account, fully funded and provided by the Fund. The Fund sets objectives, which the Trader agrees to trade by. It is under the Fund’s sole authority to enforce the trading objectives, and the Fund possesses all the rights over the trading accounts, the capital, and the trading guidelines.

Trading objectives – prior to providing access to its trading capital, the Fund, and the Trader agree on the full of the trading guidelines, objectives, terms, and rules. The Fund defines and enforces the objectives upon values agreed.

Sign up Fee – Participating in the Fund’s funding program has a fee cost involved. The fee amount is specified according to each program plan, which could be chosen by the Trader.

  • The Sign up Fee is not a trading capital deposit.
  • The Sign up Fee is not to cover trading losses.
  • The Sign up Fee is non-refundable, in partial or in full, once the trading activity has commenced by the Trader.

Traders are allowed to perform using any trading strategy, as long as it complies with the Risk Management Guidelines required by the Fund.

Upgrading or downgrading a plan: once the Program has commenced, the Trader cannot upgrade or downgrade the current plan.

 

PROGRAM CONDITIONS AND REQUIREMENTS

Knowledge and Skill

The Trader must acknowledge having sufficient trading knowledge, experience, and skills to perform under the Program requirements. The Trader must fully understand the full scope of the Program, the implications of the Program requirements, restrictions, guidelines, and find the Program sufficient to his needs.

Stock CFDs

Trading in the Program is conducted on Trader Evolution. The Trader must fully understand the unique characteristics of the stock market. Specifically, with regards to trading, the Trader must fully familiarize themselves with the following terms and implications of the following terms: Market Hours, Economic Releases, Spreads, Commission, Slippage, Variable Spread Conditions, Volatility, Cents, Point Value, CFDs, Share Size, Stop Loss, Quantity, Take Profit, Market Order, Stop Order, Limit Order, Ask, Bid, Risk Per Day, Pump and Dump Risk, Drawdown, Daily loss.

Trading Platform

The Fund provides trading on the trading platform, with full authority to perform trading during market hours. At this time, the Fund provides for the use of Windows Operating system, Mac iOS by a non-official & non-supported technical workaround, mobile access for Android and iOS, MQL scripting using Desktop Platform Version Only.

The Fund may change its suppliers and systems to any other solution and technology, at any time.

Trade-Ideas / TrendSpider:
Due to our collaboration with Trade-Ideas & TrendSpider, any new trader that signs up to Trade The pool program will be aligable for a FREE Trade-Ideas or TrendSpider user (as long as he or she are signed to the evaluation phase.
Please be aware, once a trader got funded, he or she will pay for their subscription to one of the platform (if he/she would like to use them)

Trading Capital

The Program, from the very beginning period and throughout the progression, is conducted with capital that is owned and supplied by the Fund.

Protecting Trading Capital

No matter at which level the Trader is in the Program, it is required for him/her to act responsibly and use all methods to protect the Fund’s capital from severe losses. This also includes operating responsibly under risk management measures, protecting and securing the trading access credentials for trading accounts, not providing access to any 3rd party or person for the accounts, immediately report to the Fund’s Support Team about loss or theft of trading access, respond to email communications from the Fund, and take the required measures if asked by the Fund.

Activity Restrictions

The Program is designed to cater all speculative trading strategies. Any trading style which is not speculation-trading behavior is prohibited.

It is prohibited to perform under the Fund’s platform any trading method which uses exploitation of price discrepancies within different markets of similar or identical assets, also known as Arbitrage Trading.

It is prohibited to perform High-frequency trading strategies in which the majority of the trades’ duration span is measured by a few seconds or less.

It is prohibited to involve any other technology which interferes with the platform’s networking.

 

TERMS OF THE PROGRAM

By joining the Program, the Trader is receiving a Level 1 funded account, in which the Trader is expected to demonstrate a profitable trading performance.

Funded Trader

Level 2 is a trader, who successfully passes the milestone objective of the Level 1 funded account period. A Funded Trader is certified to trade on behalf of and with the trading capital of Trade The Pool Fund under a non-employee 3rd party contractor relationship.

Ideal Risk Management Discipline

Trade The Pool encourages its traders to perform one’s trading with a suggested risk management discipline.

Risk management is mandatory. Deciding to self-enforce the Program’s suggested risk management will benefit the Trader with better funding conditions on future stages of the Program, as described in this document, in chapter IDEAL RISK MANAGEMENT REQUIREMENTS.

Payouts

Payouts will be paid only to Level 2 traders and above, and the payout will be calculated only according to profitable performance of the traders.

Program Termination

This is the end of the participation of a trader in the Program.

 

NECESSARY PREREQUISITES

The Program is available to individuals only. They must be the age of 18 years and older, and of all nationalities not on the OFAC Treasury list.

Individually Private Only

The Program is designed for individual traders only. An individual trader who signs up is the only person that is allowed to trade on behalf of the Fund, in both the Evaluation Program and as a Funded Trader in the official trading program.

Proof of Authenticity

 Government approved ID identity must be provided. The Program only accepts traders who present proof of authentic identity.

Restricting Organizations

The Program is not available to any entity, firm, corporation, organization, or group of individuals of any type.

 

TRADING INSTRUMENTS

Trading activity is limited to stock CFDs and ETF CFDs that are available on the trading platform. A trader must avoid trading any other securities unless permitted by the Fund’s Official Representative. Trading securities which are not permitted may result in the termination of the Program.

 

IDEAL RISK MANAGEMENT REQUIREMENTS

Ideal Risk Management Requirements apply to all traders in the program, and they are committed to limiting their risk and exposure – either according to this section of the terms and conditions or according to a stricter risk management plan.

The Program suggests a risk management discipline, which traders can choose whether to embrace or not.

Upon meeting profit targets, the Program promises to accommodate a guaranteed account growth for all traders demonstrating either risk management approaches.

Ideal Risk Management Discipline

The following are the characteristics of the Risk Management required and its definitions, which the Trader should fully comprehend and self-enforce for optimizing a growth milestone target.

Stop Loss and Quantity

Stop and Quantity:

Daily loss X 30%  = the maximum $ risk you can take on each trade (each execution)

Entry Price – Stop Loss Price = Stop size

Max $ Risk / Stop size = Number of shares to buy/sell

Example: Stock price is at $100, Entry price $101, Stop loss at $99.

Stop size = $2

Daily loss = $700 (Super BP)

Max money risk 30% of Daily Loss = $210

Quantity = $210 / $2 = 105 shares to buy/sell

Multiple positions of the same asset, are considered as the same trade and will be added together (netting account). The summaries of all open positions on the same symbol cannot exceed 100% Daily loss and not more than 80k market exposure for Super BP , 160k for Extra BP and 260k for Ultimate BP

Leverage

The fund applies different leverage settings to the Trader’s accounts, upon the Program selected on signup. The Trader is allowed to use the full margin available by the Program’s leverage.

 

PROGRAM AND TARGETS

The following are the definitions of the Program end targets:

Profit Target

Each step in the Program has a specified target milestone in terms of USD net profit. The amount specified is net profit after deduction of all trading costs, spread, commission, and overnight swap charges.

Account Stop out Value

Definition: Is the account value by equity, which determines the maximum loss allowed in the account.

***Once the Account Stop out value is breached below, termination for the account will be announced, all unrealized positions, and orders will be closed by the authorized personnel.

Redemption fee:

Each Stock Star program has an optional redemption fee. After trading for the first 30 days, you will be able to redeem your account and add an extra month of trading.

For example, A trader signed up to the Super BP ($240) on the 9th of March and paid the first fee.

On April 8th, the trader was close to reaching the program goal and getting funded however the 30 days are about to expire. Now the trader can pay the redemption fee (the same amount as the sign-up fee), and add another 30 trading days for his disposal, without losing the progress he made during the first 30 days.

 

In case a trader does not reach the program goal and 30 days have passed without paying the redemption fee, the account will be closed

 

*Feel free to sign up for Trade The Pool hub to get a 14-day free-of-charge trial. 

**The 30 days counter will start after you made your first trade on the evaluation account or after 14 days of inactivity.

Over the weekend purchased:

If a trader joined TTP on Friday, we will add an extra 3 days to his 30 calendar days.

If a trader joined TTP on Saturday, we will add an extra 2 days to his 30 calendar days.

If a trader joined TTP on Sunday, we will add an extra 1 day to his 30 calendar days.

Reset / Start Over Button and Cost

During the evaluation phase, a trader can reset their account by using the reset button on the dashboard and on their email. The reset button will reset the account, canceling all violations (if there were any), and the Trader will be able to continue to trade.

The cost of using a reset button differs between programs. The fee is a one-time charge for every time you reset your account.

Super BP reset button = $50

Extra BP reset button = $100,

Ultimate reset button = $250

Prices may change.

Consistency Target

In order to prove a trader can be consistent with his trading and not relaid on 1 lucky trade to pass the evaluation phase, he/she will have to stay within the formula:

Your best trade cannot equate to 30% or more of your total profit

 

Risk Pump consistency – Every time a trader will have 5 consecutive winners days, with at least 3 X Daily loss, and a 30% success rate, Trade The Pool will increase their daily loss and max exposure by X% depending on the Stock Star program you signed to.

 

Risk Dump:

In case Trade The Pool increased (Risk Pump) the Trader Daily loss, but they had  5 consecutive losing days with a loss of 2 X Daily loss, Trade The Pool will decrease their Daily loss (Risk Dump) one level back.

Number Of Active Accounts

There are no limits to the number of accounts that can be active simultaneously.

A trader will be able to open as many accounts as they please in order to trade during the evaluation phase.

 

Minimum Activity

To remain active, the trader Partner must show to have been active with at least 4 trades in one entire month. Failing to meet this criterion, the account will be paused or terminated.

Giving notice for inactivity – By giving notice for inactivity, the Trader may freeze the account for up to 2 months but no more than twice in an annual year. The notice should be given in a formal notice and should be approved by an authorized official from the Fund.

Minimum Trades, Maximum Time

The minimum number of trades to pass the evaluation phase is 50.

There is no limited time to pass the evaluation phase.

Level 1 is immediately completed when reaching the profit target, with minimum 50 trades.

Flat Portfolio on Targets

A trader must close all trades and pending orders once reaching the milestone target or the drawdown. The fund will not pay profits higher than the milestone.

The Trader will close his/her positions 5 minutes before the close of each trading day (15:55 ET).

Program Restrictions

As the Program scope is directed to skilled traders, the Program strongly forbids participation for any reason other than for applying to be the Fund’s Contractor Trader. Therefore, the Program forbids the following and will consider this as misuse and violation of the Program, which will result in the immediate termination of the Program.

Forbidding of trading coordination with other accounts or other traders active in the Fund. It is strictly forbidden to coordinate any type of trading behavior among two or more accounts in the name of another trader – This includes the prohibition of copying trades and orders; duplicating trading activity and orders; hedging among accounts. Any evident coordination of the above is considered a major violation of this program and will result in immediate termination by the violation of this contract.

Violation of Risk Requirements and Restrictions:

Traders on the risk-manager program are expected to trade with our excess risk management requirements. If by any circumstances a violation of the risk guidelines is registered in the trading account, and once the Trader completes the Program objectives, the next funding level will be conducted on the aggressive program.

Profits made with positions involved in risk management violations, will not be paid as profits, as well as not be accounted for the milestone fulfillment.

TRADING CONDITIONS ACKNOWLEDGMENT

By signing up to the Program of Trade The Pool, I hereby confirm and fully understand that my trading performance may also be affected by various conditions, as such:

Variable Spread

Spreads vary according to the market liquidity, at rigid times such as during high-impact economic events, the spread difference of ask and bid prices can expand multiple times.

Stop / Limit Pending Orders

Ordering at a specifically requested price is not guaranteed to limit or stop orders during abnormal and volatile periods – the price will be filled at the next best price according to the exchange order book.

Trading Gaps

At times of extreme liquidity in the market, the differences from one tick quote for the next may significantly increase. This is also known as ‘A Gap’. Any orders that are placed at prices with no tick quote will be filled at the next available quote. This may result in execution at a less preferred price.

Trading Commission

The commission is a trading cost applied by the liquidity provider. This is the industry’s standard method for Brokers and Liquidity Providers to charge for the service of executing orders.

The cost of commision is $1.5 minimum or 1 cent per share, for example:

When buying 50 shares of AAPL you will pay $1.5 (the minimum)

When buying 200 shares of AAPL you will pay $2 (per share)

Trading Exposure – Floating

Stock price X number of shares

On the Super BP each trade cannot exceed $80,000 worth

On the Extra BP each trade cannot exceed $160,000 worth

On the Ultimate BP each trade cannot exceed $260,000 worth

Economic Event Releases

At times of releasing any Economic Data, the price tends to form gaps, and spreads may increase in multiples, and execution is not guaranteed by price. It is advised to pay attention to the event release schedule, to reduce position exposure and shift further limit and stop orders.

Stocks Market Trading Hours

Market hours are based on the ET time zone. During normal days the stock market open hours are from 09:30 to 16:00, Monday to Friday.

However, on US holidays the market will close early or won’t be active at all.

It’s the Trader’s responsibility to check and be aware of holidays, days and hours of activity.

 

COMMUNICATION

Email communication serves as the main and official communication with the Trader and Trade The Pool. The Fund will use this modality regularly and in real-time, as a means to send all communication, guidance, and feedback to its team of traders.

It is mandatory for the Trader to provide a valid and working email address, in which the Trader checks regularly. While the Trader obtains live running trades, it is required to check emails at least once in 60 minutes, to allow for real-time communications and feedback from the Fund.

Failing to respond to the Fund’s email communications, may lead to a freezing of the account or program termination.

The Fund provides other means of communication that can serve as backup communication, such as Zoom, on-site live chat, on-site contact forms, and international telephone calls.

It is expected for the Traders to notify Trade The Pool of any changes in email or communication details and anything else that may affect their trading performance.

 

PROFIT PAYOUT

The Fund pays its trader an agreed portion of the net profits on a bi-weekly basis. 

The trader can withdraw his profits only after reaching at least 1xdaily loss in profit (Super BP = $700, Extra BP = $1300, Ultimate BP = $2000)

Upon success in the evaluation phase, the payout for profits will be paid on the following payout cycle.

 

*In order to ensure you build up an adequate buffer and stay trading for a longer period, once you have reached 3 x DLs in profit the max drawdown for the account will move to the initial balance of $0 and will result in the account being terminated.

 

For example:

Super buying power level ($700 DL, $2100 max DD)

 

A trader reaches $2100 in profit the max DD will now move to $0 without a buffer, if the trader decides to withdraw the full $2100,  this will result in the account being terminated, however, if the trader would like to continue to trade they need to ensure that after the withdrawal there is an amount greater $0

Calculating & Recording of Profits for a PM Partner.

The payout procedure is managed by the following timeline schedule:

At the end of every payout cycle, the Fund will withdraw any excessive profits from the account. This procedure is scheduled to take place in the first 24 hours after the end of the last trading day.

The profit amount is derived by the minimum value of the realized or unrealized of the account.

Payout Schedule

Once a profit is determined, and withdrawn from the account, the Fund will credit-in the payout amount due to the Trader.

The payout amount is calculated by the split percentage agreed by the Trader and the Fund prior to signing up (usually 50% / 50% split).

The Trader is required to sign up with Deel, our 3rd party payment partner, and fill in the contract, the KYC papers, and the due invoices for the exact amount specified by the credit-in transaction on every payout request. Upon receiving an accurate invoice, the Fund will issue a payout. Please allow a processing time of around 7 days.

Please note that we cannot process payments to Traders from the following countries: Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea,  Guinea-Bissau, Iran, Iraq, Laos, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe.

Payout Terms Definition:

EOD – 23:59:59 is Trade The Pool platform server time.

High Watermark profit is the last value of the account by which the Fund had paid for the Trader.

 

TERMINATION OF THE PROGRAM

Program Termination may take effect at any stage in the Program, from the evaluation period to any stage. Terminating the Program may occur for all of the below reasons:

  • When reaching or passing off the maximum drawdown allowance.
  • The violation of the Risk Management Guidelines.
  • The misuse or abuse of the Program – not for the sake of individual authentic trading.

Returning After a Termination

Traders are allowed to sign up for another plan regardless of past terminations. Nevertheless, the Fund is allowed to refuse to re-sign up at its own discretion.

Termination Clearance

At the occurrence of a termination, the following measures will take effect:

  • A notice of termination will be sent by an official email to the Trader.
  • Disabling trading permission in trading accounts.
  • Denying access to the trading account and platforms provided by the Fund.
  • A full detailed trading report will be sent to the Trader by email.
  • Valid total net profits made in the account will be calculated and paid in the specified portion at the following payout cycle schedule and regulation.

COMPLAINT AND DISPUTES

In the unlikely event that you are dissatisfied with the service provided by Trade The Pool, please contact our helpdesk as soon as possible at +1 (929) 955 5595 or via email at help.desk@TradeThePool.com, or by submitting a contact form under the contact us page: https://TradeThePool.com, or by contacting our live support chat when available.

In case of filing a complaint, please include as much detailed information to describe your case. To allow us to easily investigate your complaint, associate your full name, email, account id, time of the event, and further detailed information related, You may also provide screenshots images of software, log files, and any other evidence that can be helpful for the claim.

If a 3rd party service is involved, before you take formal steps, first to contact us by email. telephone or chat, when available. Often it is possible to find a solution without instigating the formal procedures.

ERRORS AND OMISSIONS

Subject to the terms of this agreement, neither party hereto, shall be prejudiced in any way by inadvertent errors or omissions made by such party, providing such errors and omissions are corrected promptly following discovery thereof. Upon the discovery of an inadvertent error or omission by either party hereto, appropriate adjustments shall be made as soon as practicable to restore both parties to the fullest extent possible and to the position they would have been in, had no such inadvertent error or omission occurred.

As we are operating a BETA version for the Rock Star program, Trade The Pool reserves the rights for future changes of these Terms and Conditions, upon notifications via an official email address given from the Trader.

The Trader will be committed to the changes, or will officially be asked to resign from the Program.

Start Trading Now

PROGRAM RULES

By joining the Program, the Trader is receiving a Level 1 funded account, in which the Trader is expected to demonstrate a profitable trading performance.

Funded Trader

Level 2 is a trader, who successfully passes the milestone objective of the Level 1 funded account period. A Funded Trader is certified to trade on behalf of and with the trading capital of Trade The Pool Fund under a non-employee 3rd party contractor relationship. 

Ideal Risk Management Discipline

Trade The Pool encourages its traders to perform one’s trading with a suggested risk management discipline.  

Risk management is mandatory. Deciding to self-enforce the Program’s suggested risk management will benefit the Trader with better funding conditions on future stages of the Program, as described in this document, in chapter IDEAL RISK MANAGEMENT REQUIREMENTS.

Payouts

Payouts will be paid only to Level 2 traders and above, and the payout will be calculated only according to profitable performance of the traders.

Program Termination

This is the end of the participation of a trader in the Program.

 

NECESSARY PREREQUISITES

The Program is available to individuals only. They must be from the age of 18 years and older, and of all nationalities excluding OFAC Treasury listed countries.

Individually Private Only

The Program is designed for individual traders only. An individual trader who signs up is the only person that is allowed to trade on behalf of the Fund, in both the Evaluation Program and as a Funded Trader in the official trading program.

Government approved ID

A Government approved identity must be provided.  

Restricting Organizations

The Program is not available to any entity, firm, corporation, organization, or group of individuals of any type.

 

TRADING INSTRUMENTS

Trading activity is limited to stock CFDs and ETF CFDs that are available on the trading platform. A trader must avoid trading any other securities unless permitted by the Fund’s Official Representative. Trading securities which are not permitted may result in the termination of the Program.

 

IDEAL RISK MANAGEMENT REQUIREMENTS

Ideal Risk Management Requirements apply to all traders in the program, and they are committed to limiting their risk and exposure – either according to this section of the terms and conditions or according to a stricter risk management plan. 

The Program suggests a risk management discipline, which traders can choose whether to embrace or not.

Upon meeting profit targets, the Program promises to accommodate a guaranteed account growth for all traders demonstrating either risk management approaches.

Ideal Risk Management Discipline

The following are the characteristics of the Risk Management required and its definitions, which the Trader should fully comprehend and self-enforce for optimizing a growth milestone target.

Stop Loss and Quantity

Stop and Quantity:

Daily loss X 30%  = the maximum $ risk you can take on each trade (each execution)

Entry Price – Stop Loss Price = Stop size

Max $ Risk / Stop size = Number of shares to buy/sell

 

Example: Stock price is at $100, Entry price $101, Stop loss at $99.

Stop size = $2 (not less than 0.1% of entry price = 55c)

Daily loss = $700 (Super BP)

Max money risk 30% of Daily loss = $210

Quantity = $210 / $2 = 105 shares to buy/sell

Multiple positions of the same asset, are considered as the same trade and will be added together. The summaries of all open positions on the same symbol cannot exceed 100% Daily loss.

Leverage

The fund applies different leverage settings to the Trader’s accounts, upon the Program selected on signup. The Trader is allowed to use the full margin available by the Program’s leverage.

 

PROGRAM AND TARGETS

The following are the definitions of the Program end targets:

Profit Target

Each step in the Program has a specified target milestone in terms of USD net profit. The amount specified is net profit after deduction of all trading costs, spread, commission, overnight swap charge.

Account Stop out Value

Definition: Is the account value by equity, which determines the maximum loss allowed in the account.

Once the Account Stop out value is breached below, termination for the account will be announced, all unrealized positions, and orders will be closed by the authorized personnel.

Monthly Subscription

Each Stock Star program has a redemption fee. After trading for the first 30 days, you will be able to redeem your account and add an extra month of trading.

For example, A trader signed up to the Super BP ($240) on the 9th of March and paid the first fee.

On April 8th, the trader was close to reaching the program goal and getting funded however the 30 days are about to expire. Now the trader can pay the redemption fee (the same amount as the sign up fee), and add another 30 trading days for his disposal, without losing the progress he made during the first 30 days.

In case a trader didn’t reach the program goal and 30 days have passed without paying the redemption fee, the account will be closed

*Feel free to sign up for Trade The Pool hub to get a 14-day free-of-charge trial.

**The 30 days counter will start after you made your first trade on the evaluation account or after 14 days of inactivity.

Reset Button and Cost

If a trader reaches their daily loss, he/she does not need to wait 24 hours and can make use of the reset button on the dashboard and on his/her email. The reset button will lift the daily loss block, canceling all violations (if there were any), and the trader will be able to continue to trade.

The cost of using a reset button differs between programs. The fee is charged every time you use the reset button.

Super BP reset button = $50

Extra BP reset button = $100,

Ultimate reset button = $250

Prices are subject to change.

 

Risk Pump and Dump

Risk Pump consistency – Every time a trader will have 5 consecutive winners days, with at least 3 X Daily loss, and 30% success rate, Trade The Pool will increase his/her daily loss and max exposure by X% depending on the Stock Star program you signed to.

 

Risk Dump:

In case Trade The Pool increased (Risk Pump) the Trader Daily loss, but he/she had  5 consecutive losing days with a loss of 2 X Daily loss, Trade The Pool will decrease his/her Daily loss (Risk Dump) one level back. 

 

Number Of Active Accounts

There are no limits to the amount of accounts that can be active simultaneously.

A trader will be able to open as many accounts as he pleases in order to trade the evaluation phase.

 

Minimum Activity

To remain active, the trader Partner must show to have been active with at least 4 trades in one entire month. Failing to meet this criterion, the account will be paused or terminated.

Giving notice for Inactivity – By giving notice for inactivity, the Trader may freeze the account for up to 2 months but no more than twice in an annual year. The notice should be given in a formal notice and should be approved by an authorized official from the Fund.

Minimum Trades, Maximum Time

The minimum trades to pass the evaluation phase are 50.

There is no limit time to pass the evaluation phase.  

Level 1 is immediately completed when reaching the profit target, with minimum 50 trades.

Flat Portfolio on Targets

A trader must close all trades and pending orders once reaching the milestone target or the drawdown. The fund will not pay profits higher than the milestone.

The Trader will close his/her positions 5 minutes before the close of each trading day (15:55 ET).

Program Restrictions

As the Program scope is directed to skilled traders, the Program strongly forbids participation for any reason other than for applying to be the Fund’s Contractor Trader. Therefore, the Program forbids the following and will consider this as misuse and violation of the Program, which will result in the immediate termination of the Program.

Forbidding of trading coordination with other accounts or other traders active in the Fund. It is strictly forbidden to coordinate any type of trading behavior among two or more accounts in the name of another trader – This includes the prohibition of copying trades and orders; duplicating trading activity and orders; hedging among accounts. Any evident coordination of the above is considered a major violation of this program and will result in immediate termination by the violation of this contract.

Violation of Risk Requirements and Restrictions:

Traders on the risk-manager program are expected to trade with our excess risk management requirements. . If by any circumstances a violation of the risk guidelines is registered in the trading account, and once the Trader completes the Program objectives, the next funding level will be conducted on the aggressive program.

Profits made with positions involved in risk management violation, will not be paid as profits, as well as not be accounted for the milestone fulfillment. 

 

TRADING CONDITIONS ACKNOWLEDGMENT

By signing up to the Program of Trade The Pool, I hereby confirm and fully understand that my trading performance may also be affected by various conditions, as such:

Variable Spread

Spreads vary according to the market liquidity, at rigid times such as during high impact economic events, the spread difference of ask and bid prices can expand multiple times.

Stop / Limit Pending Orders

Ordering at a specifically requested price is not guaranteed for limit or stop orders during abnormal and volatile periods – the price will be filled at the next best price according to the exchange order book.

Trading Gaps

At times of extreme liquidity in the market, the differences from one tick quote for the next may significantly increase. This is also known as ‘A Gap’. Any orders that are placed at prices with no tick quote will be filled at the next available quote. This may result in execution at a less preferred price.

Trading Commission

The commission is a trading cost applied by the liquidity provider. This is the industry’s standard method for Brokers and Liquidity Providers to charge for the service of executing orders.

The cost of commision is $1.5 minimum or 1 cent per share, for example:

When buying 50 shares of AAPL you will pay $1.5 (the minimum)

When buying 200 shares of AAPL you will pay $2 (per share)

Trading Exposure – Floating

Stock price X number of shares

On the Super BP each trade cannot exceed $80,000 worth

On the Extra BP each trade cannot exceed $160,000 worth

On the Ultimate BP each trade cannot exceed $260,000 worth

Economic Event Releases

At times of releasing any Economic Data, the price tends to form gaps, and spreads may increase in multiples, and execution is not guaranteed by price. It is advised to pay attention to the event release schedule, to reduce position exposure and shift further limit and stop orders.

Stocks Market Trading Hours

Market hours are based on the ET time zone. During normal days the stock market open hours are from 09:30 to 16:00, Monday to Friday.

However, on US holidays the market will close early or won’t be active at all.

It’s the Trader’s responsibility to check and be aware of holidays, days and hours activity.

 

 

COMMUNICATION

Email communication serves as the main and official communication with the Trader and Trade The Pool. The Fund will use this modality regularly and in real-time, as a means to send all communication, guidance, and feedback to its team of traders.

It is mandatory for the Trader to provide a valid and working email address, in which the Trader checks regularly. While the Trader obtains live running trades, it is required to check emails at least once in 60 minutes, to allow for real-time communications and feedback from the Fund.

Failing to respond to the Fund’s email communications, may lead to a freezing of the account or program termination.

The Fund provides other means of communication that can serve as backup communication, such as Skype, on-site live chat, on-site contact forms, and international telephone calls.

It is expected for the Traders to notify Trade The Pool of any changes in email or communication details and anything else that may affect their trading performance.

 

PROFIT PAYOUT

The Fund pays its trader an agreed portion from the net profits on a bi-monthly (every 14 days)

The trader can withdraw his profits only after reaching at least 1xdaily loss in profit (Super BP = $700, Extra BP = $1300, Ultimate BP = $2000)

Upon success in the evaluation phase, the payout for profits will be paid on the following payout cycle

 

Calculating & Recording of Profits for a PM Partner.

The payout procedure is managed by the following timeline schedule:

At the end of every payout cycle, the Fund will withdraw any excessive profits from the account. This procedure is scheduled to take place in the first 24 hours after the end of the last trading day.

The profit amount is derived by the minimum value of the realized or unrealized of the account.

Payout Schedule

Once a profit is determined, and withdrawn from the account, the Fund will credit-in the payout amount due to the Trader.

The payout amount is calculated by the split percentage agreed by the Trader and the Fund prior to signing up (usually 50% / 50% split).

The Trader is required to sign up to Deel, our 3rd party payment partner, and fill in the contract, the KYC papers, and the due invoices for the exact amount specified by the credit-in transaction on every payout request. Upon receiving an accurate invoice, the Fund will issue a payout. Please allow a processing time of around 7 days.

Please note that we cannot process payments to Traders from the following countries: Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea,  Guinea-Bissau, Iran, Iraq, Laos, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe.

Payout Terms Definition:

EOD – 23:59:59 is Trade The Pool platform server time.

High Watermark profit is the last value of the account by which the Fund had paid for the Trader.

 

TERMINATION OF THE PROGRAM

Program Termination may take effect at any stage in the Program, from the evaluation period to any stage. Terminating the Program may occur for all of the below reasons:

  • When reaching or passing off the maximum drawdown allowance.
  • The violation of the Risk Management Guidelines.
  • The misuse or abuse of the Program – not for the sake of individual authentic trading.

Returning After a Termination

Traders are allowed to sign up for another plan regardless of past terminations. Nevertheless, the Fund is allowed to refuse to re-sign up at its own discretion.

Termination Clearance

At the occurrence of a termination, the following measures will take effect:

  • A notice of termination will be sent by an official email to the Trader.
  • Disabling trading permission in trading accounts.
  • Denying access to the trading account and platforms provided by the Fund.
  • A full detailed trading report will be sent to the Trader by email.
  • Valid total net profits made in the account will be calculated and paid in the specified portion at the following payout cycle schedule and regulation.

 

COMPLAINT AND DISPUTES

In the unlikely event that you are dissatisfied with the service provided by Trade The Pool, please contact our helpdesk as soon as possible at 1 (929) 955 5595 or via email at help.desk@TradeThePool.com, or by submitting a contact form under the contact us page: https://TradeThePool.com, or by contacting our live support chat when available.

In case of filing a complaint, please include as much detailed information to describe your case. To allow us to easily investigate your complaint, associate your full name, email, account id, time of the event, and further detailed information related, You may also provide screenshots images of software, log files, and any other evidence that can be helpful for the claim.

If a 3rd party service is involved, before you take formal steps, first to contact us by email. telephone or chat, when available. Often it is possible to find a solution without instigating the formal procedures.

 

ERRORS AND OMISSIONS

Subject to the terms of this agreement, neither party hereto, shall be prejudiced in any way by inadvertent errors or omissions made by such party, providing such errors and omissions are corrected promptly following discovery thereof. Upon the discovery of an inadvertent error or omission by either party hereto, appropriate adjustments shall be made as soon as practicable to restore both parties to the fullest extent possible and to the position they would have been in, had no such inadvertent error or omission occurred.

Trade The Pool reserves the rights for future changes of these Terms and Conditions, upon notifications via an official email address given from the Trader. The Trader will be committed to the changes, or will officially be asked to resign from the Program.

 

Start trading now

Program rules

By joining the Program, the Trader is receiving a Level 1 funded account, in which the Trader is expected to demonstrate a profitable trading performance.

Funded Trader

Level 2 is a trader, who successfully passes the milestone objective of the Level 1 funded account period. A Funded Trader is certified to trade on behalf of and with the trading capital of Trade The Pool Fund under a non-employee 3rd party contractor relationship. 

Ideal Risk Management Discipline

Trade The Pool encourages its traders to perform one’s trading with a suggested risk management discipline.  

Risk management is mandatory. Deciding to self-enforce the Program’s suggested risk management will benefit the Trader with better funding conditions on future stages of the Program, as described in this document, in chapter IDEAL RISK MANAGEMENT REQUIREMENTS.

Payouts

Payouts will be paid only to Level 2 traders and above, and the payout will be calculated only according to profitable performance of the traders.

Program Termination

This is the end of the participation of a trader in the Program.

 

NECESSARY PREREQUISITES

The Program is available to individuals only. They must be from the age of 18 years and older, and of all nationalities.

Individually Private Only

The Program is designed for individual traders only. An individual trader who signs up is the only person that is allowed to trade on behalf of the Fund, in both the Evaluation Program and as a Funded Trader in the official trading program.

Proof of Authenticity

An authentic identity must be provided. The Program only accepts traders who present proof of authentic identity.

Restricting Organizations

The Program is not available to any entity, firm, corporation, organization, or group of individuals of any type.

 

TRADING INSTRUMENTS

Trading activity is limited to stock CFDs and ETF CFDs that are available on the trading platform. A trader must avoid trading any other securities unless permitted by the Fund’s Official Representative. Trading securities which are not permitted may result in the termination of the Program.

 

IDEAL RISK MANAGEMENT REQUIREMENTS

Ideal Risk Management Requirements apply to all traders in the program, and they are committed to limiting their risk and exposure – either according to this section of the terms and conditions or according to a stricter risk management plan. 

The Program suggests a risk management discipline, which traders can choose whether to embrace or not.

Upon meeting profit targets, the Program promises to accommodate a guaranteed account growth for all traders demonstrating either risk management approaches.

Ideal Risk Management Discipline

The following are the characteristics of the Risk Management required and its definitions, which the Trader should fully comprehend and self-enforce for optimizing a growth milestone target.

Stop Loss and Quantity

Stop and Quantity:
Daily loss X 30%  = the maximum $ risk you can take on each trade (each execution)
Entry Price – Stop Loss Price = Stop size
Max $ Risk / Stop size = Number of shares to buy/sell

Example: Stock price is at $100, Entry price $101, Stop loss at $99.
Stop size = $2 (not less than 0.1% of entry price = 55c)
Daily loss = $700 (Super BP)
Max money risk 30% of Daily loss = $210
Quantity = $210 / $2 = 105 shares to buy/sell

Multiple positions of the same asset, are considered as the same trade and will be added together. The summaries of all open positions on the same symbol cannot exceed 100% Daily loss.

Leverage

The fund applies different leverage settings to the Trader’s accounts, upon the Program selected on signup. The Trader is allowed to use the full margin available by the Program’s leverage.

 

PROGRAM AND TARGETS

The following are the definitions of the Program end targets:

Profit Target

Each step in the Program has a specified target milestone in terms of USD net profit. The amount specified is net profit after deduction of all trading costs, spread, commission, overnight swap charge.

Account Stop out Value

Definition: Is the account value by equity, which determines the maximum loss allowed in the account.

Once the Account Stop out value is breached below, termination for the account will be announced, all unrealized positions, and orders will be closed by the authorized personnel.

Monthly Subscription

Each Stock Star program has a redemption fee. After trading for the first 30 days, you will be able to redeem your account and add an extra month of trading.
For example, A trader signed up to the Super BP ($240) on the 9th of March and paid the first fee.
On April 8th, the trader was close to reaching the program goal and getting funded however the 30 days are about to expire. Now the trader can pay the redemption fee (the same amount as the sign up fee), and add another 30 trading days for his disposal, without losing the progress he made during the first 30 days.
In case a trader didn’t reach the program goal and 30 days have passed without paying the redemption fee, the account will be closed

*Feel free to sign up for Trade The Pool hub to get a 14-day free-of-charge trial.
**The 30 days counter will start after you made your first trade on the evaluation account or after 14 days of inactivity.

Reset / Start Over Button and Cost

During the evaluation phase, a trader can reset his/her account by using the reset button on the dashboard and on his/her email. The reset button will reset the account, canceling all violations (if there were any), and the Trader will be able to continue to trade.
The cost of using a reset button differs between programs. The fee is a one time charge for everytime you reset your account.
Super BP reset button = $50
Extra BP reset button = $100,
Ultimate reset button = $250
Prices may change.

 

Risk Pump and Dump

Risk Pump consistency – Every time a trader will have 5 consecutive winners days, with at least 3 X Daily loss, and 30% success rate, Trade The Pool will increase his/her daily loss by X% depending on the Stock Star program you signed to.

 

Risk Dump:

In case Trade The Pool increased (Risk Pump) the Trader Daily loss, but he/she had  5 consecutive losing days with a loss of 2 X Daily loss, Trade The Pool will decrease his/her Daily loss (Risk Dump) one level back. 

 

Number Of Active Accounts

There are no limits to the amount of accounts that can be active simultaneously.
A trader will be able to open as many accounts as he pleases in order to trade the evaluation phase.

Minimum Activity

To remain active, the trader Partner must show to have been active with at least 4 trades in one entire month. Failing to meet this criterion, the account will be paused or terminated.

Giving notice for Inactivity – By giving notice for inactivity, the Trader may freeze the account for up to 2 months but no more than twice in an annual year. The notice should be given in a formal notice and should be approved by an authorized official from the Fund.

Minimum Trades, Maximum Time

The minimum trades to pass the evaluation phase are 50.
There is no limit time to pass the evaluation phase.  

Level 1 is immediately completed when reaching the profit target, with minimum 50 trades.

Flat Portfolio on Targets

A trader must close all trades and pending orders once reaching the milestone target or the drawdown. The fund will not pay profits higher than the milestone.
The Trader will close his/her positions 5 minutes before the close of each trading day (15:55 ET).

Program Restrictions

As the Program scope is directed to skilled traders, the Program strongly forbids participation for any reason other than for applying to be the Fund’s Contractor Trader. Therefore, the Program forbids the following and will consider this as misuse and violation of the Program, which will result in the immediate termination of the Program.

Forbidding of trading coordination with other accounts or other traders active in the Fund. It is strictly forbidden to coordinate any type of trading behavior among two or more accounts in the name of another trader – This includes the prohibition of copying trades and orders; duplicating trading activity and orders; hedging among accounts. Any evident coordination of the above is considered a major violation of this program and will result in immediate termination by the violation of this contract.

Violation of Risk Requirements and Restrictions:

Traders on the risk-manager program are expected to trade with our excess risk management requirements. . If by any circumstances a violation of the risk guidelines is registered in the trading account, and once the Trader completes the Program objectives, the next funding level will be conducted on the aggressive program.

Profits made with positions involved in risk management violation, will not be paid as profits, as well as not be accounted for the milestone fulfillment. 

 

TRADING CONDITIONS ACKNOWLEDGMENT

By signing up to the Program of Trade The Pool, I hereby confirm and fully understand that my trading performance may also be affected by various conditions, as such:

Variable Spread

Spreads vary according to the market liquidity, at rigid times such as during high impact economic events, the spread difference of ask and bid prices can expand multiple times.

Stop / Limit Pending Orders

Ordering at a specifically requested price is not guaranteed for limit or stop orders during abnormal and volatile periods – the price will be filled at the next best price according to the exchange order book.

Trading Gaps

At times of extreme liquidity in the market, the differences from one tick quote for the next may significantly increase. This is also known as ‘A Gap’. Any orders that are placed at prices with no tick quote will be filled at the next available quote. This may result in execution at a less preferred price.

Trading Commission

The commission is a trading cost applied by the liquidity provider. This is the industry’s standard method for Brokers and Liquidity Providers to charge for the service of executing orders.
The cost of commision is $1.5 minimum or 1 cent per share, for example:
When buying 50 shares of AAPL you will pay $1.5 (the minimum)
When buying 200 shares of AAPL you will pay $2 (per share)

Trading Exposure – Floating
Stock price X number of shares

On the Super BP each trade cannot exceed $80,000 worth
On the Extra BP each trade cannot exceed $160,000 worth
On the Ultimate BP each trade cannot exceed $260,000 worth

Economic Event Releases

At times of releasing any Economic Data, the price tends to form gaps, and spreads may increase in multiples, and execution is not guaranteed by price. It is advised to pay attention to the event release schedule, to reduce position exposure and shift further limit and stop orders.

Stocks Market Trading Hours

Market hours are based on the ET time zone. During normal days the stock market open hours are from 09:30 to 16:00, Monday to Friday.
However, on US holidays the market will close early or won’t be active at all.
It’s the Trader’s responsibility to check and be aware of holidays, days and hours activity.

 


COMMUNICATION

Email communication serves as the main and official communication with the Trader and Trade The Pool. The Fund will use this modality regularly and in real-time, as a means to send all communication, guidance, and feedback to its team of traders.

It is mandatory for the Trader to provide a valid and working email address, in which the Trader checks regularly. While the Trader obtains live running trades, it is required to check emails at least once in 60 minutes, to allow for real-time communications and feedback from the Fund.

Failing to respond to the Fund’s email communications, may lead to a freezing of the account or program termination.

The Fund provides other means of communication that can serve as backup communication, such as Skype, on-site live chat, on-site contact forms, and international telephone calls.

It is expected for the Traders to notify Trade The Pool of any changes in email or communication details and anything else that may affect their trading performance.

 

PROFIT PAYOUT

The Fund pays its trader an agreed portion from the net profits on a biweekly basis.

The trader can withdraw his profits only after reaching at least 1xdaily loss in profit (Super BP = $700, Extra BP = $1300, Ultimate BP = $2000)

Upon success in the evaluation phase, the payout for profits will be paid on the following payout cycle

Calculating & Recording of Profits for a PM Partner.

The payout procedure is managed by the following timeline schedule:

At the end of every payout cycle, the Fund will withdraw any excessive profits from the account. This procedure is scheduled to take place in the first 24 hours after the end of the last trading day.

The profit amount is derived by the minimum value of the realized or unrealized of the account.

Payout Schedule

Once a profit is determined, and withdrawn from the account, the Fund will credit-in the payout amount due to the Trader.

The payout amount is calculated by the split percentage agreed by the Trader and the Fund prior to signing up (usually 50% / 50% split).

The Trader is required to sign up to Deel, our 3rd party payment partner, and fill in the contract, the KYC papers, and the due invoices for the exact amount specified by the credit-in transaction on every payout request. Upon receiving an accurate invoice, the Fund will issue a payout. Please allow a processing time of around 7 days.

Please note that we cannot process payments to Traders from the following countries: Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea,  Guinea-Bissau, Iran, Iraq, Laos, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe.

Payout Terms Definition:

EOD – 23:59:59 is Trade The Pool platform server time.

High Watermark profit is the last value of the account by which the Fund had paid for the Trader.

 

TERMINATION OF THE PROGRAM

Program Termination may take effect at any stage in the Program, from the evaluation period to any stage. Terminating the Program may occur for all of the below reasons:

  • When reaching or passing off the maximum drawdown allowance.
  • The violation of the Risk Management Guidelines.
  • The misuse or abuse of the Program – not for the sake of individual authentic trading.

Returning After a Termination

Traders are allowed to sign up for another plan regardless of past terminations. Nevertheless, the Fund is allowed to refuse to re-sign up at its own discretion.

Termination Clearance

At the occurrence of a termination, the following measures will take effect:

  • A notice of termination will be sent by an official email to the Trader.
  • Disabling trading permission in trading accounts.
  • Denying access to the trading account and platforms provided by the Fund.
  • A full detailed trading report will be sent to the Trader by email.
  • Valid total net profits made in the account will be calculated and paid in the specified portion at the following payout cycle schedule and regulation.

 

COMPLAINT AND DISPUTES

In the unlikely event that you are dissatisfied with the service provided by Trade The Pool, please contact our helpdesk as soon as possible at 1 (929) 955 5595 or via email at help.desk@TradeThePool.com, or by submitting a contact form under the contact us page: https://TradeThePool.com, or by contacting our live support chat when available.

In case of filing a complaint, please include as much detailed information to describe your case. To allow us to easily investigate your complaint, associate your full name, email, account id, time of the event, and further detailed information related, You may also provide screenshots images of software, log files, and any other evidence that can be helpful for the claim.

If a 3rd party service is involved, before you take formal steps, first to contact us by email. telephone or chat, when available. Often it is possible to find a solution without instigating the formal procedures.

 

ERRORS AND OMISSIONS

Subject to the terms of this agreement, neither party hereto, shall be prejudiced in any way by inadvertent errors or omissions made by such party, providing such errors and omissions are corrected promptly following discovery thereof. Upon the discovery of an inadvertent error or omission by either party hereto, appropriate adjustments shall be made as soon as practicable to restore both parties to the fullest extent possible and to the position they would have been in, had no such inadvertent error or omission occurred.

Trade The Pool reserves the rights for future changes of these Terms and Conditions, upon notifications via an official email address given from the Trader. The Trader will be committed to the changes, or will officially be asked to resign from the Program.

Start trading now