What is MatrisX Capital?

MatrisX Capital is a proprietary trading firm that empowers traders to utilize up to $250k of their own capital.

What's the process to secure funding from MatrisX Capital?

To become funded by MatrisX Capital, you can start by applying through our platform. We evaluate traders based on their skills and experience, and if you meet our criteria, you may qualify for a funded trading account.

What is the maximum risk allowed per trade in Funded account with MatrisX?

With a 2.5% per trade risk, you can risk 2.5% of your account on a single trade. If you exceed this limit, you will receive a warning email from MatrisX, and your trade will be closed. You have three chances, and after that, your account will be breached. For example, if you have a $5,000 account: * The maximum total daily loss is 4% of your initial balance, which equals $200. * If you take a buy on GBP with 1 lot, your stop loss will be 2.5%, which is $125.

Yes, a stop loss is required. You must set your stop loss within 120 seconds. If you do not set your stop loss within this time frame, your trade will be closed, and you will receive a warning email from MatrisX. You have three chances, and after that, your account will be breached.

Is there a free trial option available?

Unfortunately, we do not offer free retries. However, since there’s unlimited time to complete the evaluation, you can take as much time as you need to showcase your trading skills effectively.

When are traders eligible for a payout , and what are the conditions?

Traders qualify for a payout 14 days after their first trade on the funded account, and again 14 days after their first trade following a withdrawal. To be eligible, the account balance must exceed the initial balance, and no violations should be recorded. All positions must be closed for a payout to be processed.

Is the Evaluation Fee refundable?

The Evaluation fee is fully refundable upon receiving your first payout for the completed account. However, if you fail the evaluation before reaching your first payout, the fee is non-refundable.

Is there a minimum trading days requirement?

Yes, both in Phase 1 and Phase 2, a minimum of 5 trading days is necessary to progress successfully. During these days, at least one trade must be placed per day. It’s important to note that these trading days don’t need to be consecutive, offering flexibility in scheduling. If the profit target is reached before completing the minimum trading days requirement, traders can place 0.01 trades to fulfill the remaining days. This ensures that the minimum trading days are met, even if the profit target is achieved earlier than expected. Adhering to this minimum requirement allows traders to demonstrate consistency and active participation in the trading process, essential for advancing successfully through the evaluation phases.

Copy Trading On MatrisX Capital

At MatrisX Capital, while copy trading is permitted, it must be conducted exclusively on your personal account. Trading with another individual’s account is a violation of our rules and may result in the suspension of your account.

How many accounts can I trade?

At MatrisX Capital, there’s no limit to the number of accounts you can trade. You’re free to purchase and trade multiple evaluations concurrently. Plus, we allow merging funded accounts up to a maximum of $250,000.

Do you allow any strategy?

Yes, we allow every strategy except hedging, martingale,Tick scalping, high-frequency trading, arbitrage bots. Reverse arbitrage. Latency arbitrage. Hedge arbitrage or any emulators are prohibited.

What are the other rules and regulations to be aware of?

Certainly! Here’s a breakdown of the rules and regulations you need to be aware of: 1. **Prohibition of Cheating**: Cheating in any form is strictly prohibited. Traders must avoid using strategies on demo accounts that guarantee risk-free profits, as it doesn’t reflect real trading conditions. Funded Traders should approach trading as if using real money, ensuring fairness and integrity. 2. **Avoiding Rule Violations**: Traders must refrain from activities violating the rules, such as trading on delayed charts or using prohibited techniques like high-frequency trading or arbitrage bots. These practices disrupt market fairness and give unfair advantages. 3. **Password Security**: Traders are not allowed to change the provided password to access the trading platform. This ensures account credential security and maintains a fair trading environment. Additionally, some prohibited strategies at MatrisX Capital include: 1. **High-Frequency Trading (HFT)**: Using high-speed algorithms to execute numerous orders within short time frames. HFT can create market volatility and disrupt fairness, hence its prohibition. 2. **Grid Trading**: Placing buy and sell orders at fixed price intervals above and below the current market price. While aiming for profit from price oscillations, it can lead to significant losses in volatile markets. 3. **Trading Delayed Data Feed or Chart**: Utilizing outdated or delayed market data for trading decisions, resulting in inaccurate analysis and increased risk. 4. **Arbitrary Trading**: Making trade decisions without solid analysis or adherence to a defined trading plan, leading to erratic performance and losses. 5. **Hedging Activities and Gambling**: Engaging in hedging activities with other firms or gambling is strictly prohibited. The policy on tick scalping : MatrisX has implemented restrictions on tick scalping, a trading technique characterized by rapid, high-frequency trading to profit from minor price changes. This practice is regulated due to its potential for market manipulation and disruptive trading behaviors. Example: Tick scalpers may utilize automated algorithms to execute numerous trades within a short timeframe, exploiting even the slightest price fluctuations. This can result in unfair advantages, such as front-running other market participants, and can disrupt market liquidity by overwhelming it with rapid orders and cancellations. Traders should familiarize themselves with these rules to ensure compliance and responsible trading practices, maintaining a fair and professional trading environment for all participants.

What happens if there's inactivity?

If you don’t make a trade at least once every 30 days on your account, it will be considered inactive, resulting in a breach.

What does "Maximum Total Loss" mean?

The term “Maximum Total Loss” refers to the highest allowable amount of loss in a trading account. In our context, the maximum total loss permitted is 8%. To illustrate, let’s consider an example: If your trading account has a balance of $150,000, the maximum total loss you can experience without breaking the rules is $12,000. This implies that your account equity, inclusive of any unrealized or floating positions, must not fall below $138,000. Maintaining the account equity above this threshold ensures effective risk management, providing a safety net to withstand potential losses while adhering to the specified limits. By establishing a maximum total loss, our aim is to encourage responsible risk management and safeguard traders from significant drawdowns, fostering a sustainable and well-balanced trading approach.

Absolutely, you can use EAs (Expert Advisors) for trading. We encourage traders to utilize their own Expert Advisors as it enables customization of trading strategies according to individual preferences and styles.

Am I allowed to engage in copy trading?

At MatrisX Capital, although copy trading is allowed, it must be executed solely on your own account. Engaging in similar trades using someone else’s account is considered a rule violation and may lead to account suspension. Furthermore, sharing accounts is strictly prohibited on the platform. All trading activities must be conducted exclusively on your personal account. Failure to comply with this rule may result in account suspension.

Is hedging allowed across multiple accounts at MatrisX?

No, hedging across multiple accounts is not permitted at MatrisX. While hedging within the same account is allowed, executing opposing trades on the same asset across different accounts is considered a violation of our policy. This includes scenarios where individuals or groups operate multiple accounts to hedge trades simultaneously. We encourage traders to engage in legitimate trading strategies within a single account.

Are there any countries we cannot trade from?

Due to restrictions with our payment exchange accounts, we are unable to offer services, including but not limited to trading and affiliate services, to persons residing in the following countries and regions: United States Israel North Korea Syria