Company Information

Company Name: House of Leverage
Company Legal Name: Undisclosed
Company Registration No.: Undisclosed
Operating Since: September 20, 2024
CEO Name: Rhys Thomas

Challenge Details

House of Leverage offers three types of challenge accounts tailored to different trader needs: the 1-Step Challenge, the 2-Step Standard Challenge, and the 2-Step Pro Challenge. Each challenge comes with unique pricing, rules, and features.

1-Step Challenge Details

Pricing

$10,000 Account: $129
$25,000 Account: $239
$50,000 Account: $329
$100,000 Account: $529
$200,000 Account: $949

Rules

Profit Target: 8%
Total Loss: 8%
Daily Loss: 4%
Profit Share: 80%, scales up to 100%
Drawdown Type: Trailing Drawdown
Time Limit: No Limit
Leverage:
- Indices: 1:10
- Metals: 1:18
- Forex: 1:100
- Crypto: 1:2
Max Lot Size:
- Metals: Maximum 10 lots per $100k
- Forex: Maximum 40 lots per $100k
Payout Frequency: 14 Days
Allows Copy Trading: Yes
Minimum Trading Days: 3 Days

2-Step Standard Challenge Details

Pricing

$10,000 Account: $79
$25,000 Account: $149
$50,000 Account: $239
$100,000 Account: $389

Rules

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%, scales up to 100%
Drawdown Type: Static Drawdown
Time Limit: No Limit
Leverage:
- Indices: 1:10
- Metals: 1:18
- Forex: 1:100
- Crypto: 1:2
Max Lot Size:
- Metals: Maximum 10 lots per $100k
- Forex: Maximum 40 lots per $100k
Payout Frequency: 14 Days
Allows Copy Trading: Yes
Minimum Trading Days: 3 Days

2-Step Pro Challenge Details

Pricing

$10,000 Account: $69
$25,000 Account: $149
$50,000 Account: $219
$100,000 Account: $349

Rules

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 8%
Daily Loss: 5%
Profit Share: 80%, scales up to 100%
Drawdown Type: Static Drawdown
Time Limit: No Limit
Leverage:
- Indices: 1:10
- Metals: 1:18
- Forex: 1:100
- Crypto: 1:2
Max Lot Size:
- Metals: Maximum 10 lots per $100k
- Forex: Maximum 40 lots per $100k
Payout Frequency: 14 Days
Allows Copy Trading: Yes
Minimum Trading Days: 3 Days

Scaling Plan

House of Leverage has not mentioned any specific scaling plan but they have mentioned that traders can scale the profit split up to 100% but the eligibility criteria for the scale up plan is not mentioned on the website.

Spreads and News Trading Rules

Spreads

House of Leverage has not mentioned any information related to spreads on their website.

News Trading Rules

House of Leverage does not put restrictions on trading during news events in challenge phase but after being funded, Trading is prohibited 5 minutes before and 5 minutes after high-impact news events (red folder events). Violating this rule results in profits being deducted and possible account termination.

Other Important Rules

Daily Drawdown Calculation

House of Leverage calculates daily drawdown based on balance or equity whichever is higher at the end of the day. The drawdown used here acts as equity based drawdown which means the drawdown limit can increase or decrease each day based on the profit or loss in the account.

Countries Banned from Purchasing

House of Leverage has not mentioned any list of countries which are not allowed to use their services.

Gambling Rules

House of Leverage has not mentioned any information related to gambling rules on their website.

Prohibited Trading Strategies

The following are strictly prohibited:

Martingale systems
High-Frequency Trading (HFT)
Tick scalping
Arbitrage strategies
Any malicious software designed to exploit the funding process

Additional restrictions include:

Exploiting errors or platform latency
Using insider information or front-running trades
Trading in ways that create broker regulatory issues
Switching strategies after passing challenges
Exploiting market gaps with intent to profit from market closures

Payout Methods

House of Leverage has not mentioned any information related to payout methods on their website.

Trading Commissions

House of Leverage has not mentioned any information related to trading commissions on their website.

IP Rule

House of Leverage has not mentioned any information related to IP Address Rule on their website. Traders are advised to trade using same device from which they purchase any challenge account.

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