Trading Rules

Upon successful completion of the evaluation process, traders receive an initial trading capital allocation. The amount allocated varies based on the selected account type.

The profit split ratio determines how trading profits are divided between the trader and the prop trading firm. In PU Xtrader, the profit split ratio is set at 80% for the trader and 20% for the firm.

Basic Account: Traders with a basic account have a daily drawdown limit of up to 5%. This limit specifies the maximum amount of loss that a trader can incur in a single trading day before further trading activity may be restricted.

For example, if a trader with a basic account starts the day with a balance of $100,000, their maximum allowable loss for that day is $5,000. Exceeding this maximum loss limit will result in disqualification.

Plus Account: Traders with a plus account have a higher daily drawdown limit of up to 10%. This allows for a slightly higher tolerance for drawdowns, reflecting a more advanced trading status within PU Xtrader.

For example, if a trader with a Plus account starts the day with a balance of $100,000, their maximum allowable loss for that day is $10,000. Exceeding this maximum loss limit will result in disqualification.

Basic Account:Traders with a basic account have an overall drawdown limit of up to 10%. This limit defines the maximum cumulative loss that a trader can sustain from their peak account value before further trading activity may be restricted

For example, if a trader with a basic account at PU Xtrader starts with a balance of $100,000, their maximum allowable overall loss will be $10,000. Exceeding this overall maximum loss limit will result in disqualification.

Plus Account:Traders with a plus account have a higher overall drawdown limit of up to 20%. This allows for a greater tolerance for cumulative losses, reflecting a more advanced trading status within PU Xtrader.

For example, if a trader with a Plus account at PU Xtrader starts with a balance of $100,000, their maximum allowable overall loss will be $20,000. Exceeding this overall maximum loss limit will result in disqualification.

At PU Xtrader, traders have the flexibility to trade freely without specific position sizing rules.

We provide access to all major FX pairs, along with a selection of minor and exotic pairs. Our commodity offerings include XAUUSD, XAGUSD, and crude oil. Additionally, you can trade a wide range of major indices and US shares. For a comprehensive list of PU Xtrader products and available leverage, please visit our product page here.

PU Xtrader allows trader to use any trading strategy as long as it conforms with our trading requirements and does not involve any of the Forbidden Trading Practices outlined in our General Terms & Conditions.

At PU Xtrader, we are proud to introduce our cutting-edge trading platform, seamlessly integrated for clients participating in the PU Xtrader program.

Our cutting-edge platform enables traders to access real-time market data and is designed to empower you with advanced tools, unparalleled market insights, and enhanced trading capabilities, all aimed at maximizing your success in the financial markets. 

Each category of trading instruments typically adheres to normal trading hours aligned with their respective markets. However, trading hours and market session times for instruments may be impacted by holidays and market closures. It's important for traders to stay informed about these holiday schedules to adjust their trading strategies accordingly and manage positions effectively during periods of reduced market activity.

You can refer to our Newsroom for the latest details regarding trading instruments and any updates related to trading hours and market sessions affected by holidays.

PU Xtrader permits traders to perform gap trading by opening trades during major global news and macroeconomic events. For more information, please refer to our General Terms & Conditions.

At PU Xtrader, traders have the flexibility to hold positions overnight and over the weekend. This policy allows traders to maintain their trading positions beyond regular market hours, enabling them to capitalize on potential market movements and strategic opportunities that may develop over extended periods.

All payouts are calculated with respect to a trader’s Initial Balance. If a trader’s current balance is lower than their Initial Balance, they will have to profit from trades until their current balance exceeds their Initial Balance in order to qualify for a payout.

Should the trader not request a payout during the current cycle, their profits will be rolled over to the next cycle, where they can trade with simulated capital equal to their Initial Balance, plus the profits of the current cycle.

Payouts shall be paid to the trader via the Client Portal, wherein a trader is required to access their dashboard and select the “Payout” option on an active PU Trader account. Payout methods include via credit card, cryptocurrencies, or e-wallet, the full list of which can be found on the Client Portal.

Once the trader has requested for payout in the Client Portal, your PU Trader account will be set to read-only (trading is locked) until your payout is processed. Traders can only request for a payout after all positions are closed on your PU Trader Account.

Payouts take place in fortnightly cycles stated on the Client Portal. The FIRST payout of any session can only be requested 7 calendar days after creation of the PU Trader account.

If the client successfully completes both the PU Xtrader Challenge and Evaluation phases, they will be entitled to participate in the PU Trader program. The client will maintain their funded status as long as they comply with PU Xtrader's policies and meet the basic requirements of a PU Xtrader account.