The company’s name is Turbo Trade Prop Firm, LLC. It was formed as a limited liability company under the Delaware Limited Liability Company Act (the “Act”) by filing a Certificate of Formation in the office of the Secretary of State of the State of Delaware, the United States of America.
651 N Broad St, Suite 201, City of Middletown, County of New Castle, 19709, State of Delaware, The United States of America.
The TurboTrade.Fund Affiliate Program primarily operates in English. However, recognizing its global user base, TurboTrade.Fund endeavours to provide promotional materials in multiple languages to cater to affiliates from diverse linguistic backgrounds.
TurboTrade.Fund affiliates enjoy a range of support and resources. This includes access to marketing materials, real-time tracking dashboards, and a dedicated support team. These resources are tailored to enhance your success as an affiliate with TurboTrade.Fund.
TurboTrade.Fund affiliates enjoy a range of support and resources. This includes access to marketing materials, real-time tracking dashboards, and a dedicated support team. These resources are tailored to enhance your success as an affiliate with TurboTrade.Fund.
The TurboTrade.Fund Affiliate Program is not just another referral program; it’s a lucrative opportunity to earn commissions by referring customers to TurboTrade.Fund. When you become a TurboTrade.Fund Affiliate, you receive a unique affiliate link. Share this link with your network of friends, family, co-workers and acquaintances, and when someone starts a Challenge, you earn a commission of 20%! You can also access unique coupon codes, monthly rewards, and customized deal options. This program is designed to be a win-win for both you and TurboTrade.Fund.
No trading experience is necessary to become a TurboTrade.Fund affiliate. TurboTrade.Fund offers comprehensive resources and support to ensure your success, regardless of your level of trading knowledge.
Once an approved affiliate, you can access your commission sheet under the Affiliate menu in the Client Dashboard. You will see the Full name of the customer you are earning commission from. You also see what type of Challenge/s they purchased and what the commission amount is.
For participants in the TurboTrade.Fund Challenge, a daily drawdown of up to 4% of their initial account balance is allowed.
To compute the daily loss limit, use the formula: Daily loss limit = (Your Last day’s Balance – Today’s Balance) / Equity. It’s essential to note that the daily loss limit resets at midnight according to the server time.
Let’s delve into examples to illustrate this calculation:
Case 01:
For instance, if your account is $100,000, the maximum daily loss limit is $4,000, meaning you cannot exceed a $4,000 loss in a single day. If you’ve already incurred $3,000 in closed trades, your allowable loss, including floating losses, is $1,000. This calculation incorporates swap and commission rates, and exceeding $1,000 will be considered a violation.
Case 02:
Similarly, if you’ve gained $5,000 in profit in a day, you can afford to lose $9,000 ($5,000 profit + $4,000 daily loss limit) before it’s considered a violation.
Case 03:
Consider a scenario where you’ve lost $3,000 in a day and initiate a trade with a floating loss of -$2,500. Upon closure, it turns into a positive $500. According to the terms, the violation occurs when the loss surpasses $4,000.
Case 04:
Additionally, the daily loss limit resets at midnight server time. For example, if you’ve gained a $2,000 profit in a closed trade and currently have a $5,000 floating loss, you haven’t violated the daily drawdown because your current daily loss is +$2,000 – $5,000 = -$3,000. However, holding this trade with a $5,000 floating loss after midnight would breach the daily loss limit as a new day begins, and you’ve already exceeded the $4,000 limit.
Traders must comply with the daily and overall loss limit rules when engaging in trading activities within the TurboTrade.Fund account.
The daily loss limit imposes a ceiling on the maximum allowable losses within a single day, while the overall loss limit places a cap on the total aggregated losses over a designated period.
Adhering to these regulations enables traders to exercise effective risk control and mitigate the risk of incurring excessive losses.
Upon successfully completing the TurboTrade.Fund Evaluation and Verification phases, you will be recommended for funding. Subsequently, you will receive 50% of the profits from your funded account, subject to compliance with all rules. This pay-out percentage may increase to 80% based on specific conditions. The profit share becomes withdrawable after achieving a 5% growth in your TurboTrade.Fund funded account.
Your initial pay-out will occur after four trading weeks (28 days) and subsequent pay-outs every two trading weeks (14 days).
Certainly, if you have generated profits from your TurboTrade.Fund funded account, you have the option to use those profits to purchase a new TurboTrade.Fund Challenge account.
In essence, rather than withdrawing the profits as cash, you can utilize them to cover the registration fee for a new TurboTrade.Fund Challenge account.
It’s crucial to note that the profits must equal or exceed the registration fee required for the new account.
If you wish to purchase an account using your profits, please get in touch with our Support for further assistance.
TurboTrade.Fund permits users to hold a maximum combined value of $250,000 across their Challenge accounts. This limit can be reached through a combination of challenges.
For instance, you can acquire one Challenge account with a value of $10,000, another with $50,000, and a third with $100,000, totalling $160,000. This cumulative amount remains below the set limit of $250,000.
Maintaining multiple Challenge accounts offers flexibility to accommodate diverse trading strategies. You can allocate your account sizes according to your needs, provided it does not exceed the overall limit of $250,000.
To ensure a successful trading experience in the TurboTrade.Fund Challenge, it is imperative to comply with the following guidelines and restrictions:
Maximum Daily Drawdown: The maximum daily drawdown limit stipulates that you can incur losses up to 4% of your initial account balance on any given day.
Maximum Overall Drawdown: Traders are permitted a maximum drawdown of 7% of their initial account balance. Consequently, the account balance/equity should not fall below 93% of the initial balance throughout the TurboTrade.Fund Challenge.
Minimum Trading Days: In the TurboTrade.Fund Challenge, a minimum of five individual and separate trades must be executed on seven different trading days, totaling twenty-five trades. These trading days do not necessarily need to be consecutive.
Copy Trading: TurboTrade.Fund allows traders to engage in copy trading from another TurboTrade.Fund account, prop firm, or retail broker, provided that the same individual owns all the involved accounts. Copy trading between multiple accounts not owned by the same individual, including those of relatives, family members, or friends, is strictly prohibited.
IP Address: To maintain a secure trading environment, it is highly recommended that traders use a single device with a unique IP address during their trading activities on the TurboTrade.Fund platform.
VPN/VPS Service: Clients can use VPN and VPS services for platform access. For VPN users, it is advisable to pay for VPN services and select a specific IP within a country for consistent tracking. VPS users should opt for paid services with dedicated IP addresses and avoid sharing connections with others.
EAs/Indicators: Traders are permitted to use Expert Advisors (EAs) and Indicators to enhance their trading strategies at TurboTrade.Fund. It is crucial for each trader to ensure that their trading parameters are unique and aligned with their individual trading style and account.
Restricted Trading Strategies: Any cheating or platform exploitation is strictly prohibited, as outlined in the TurboTrade.Fund Terms of Service (TOS). Traders are encouraged to thoroughly read and understand the Terms of Service to prevent unintended consequences.
TurboTrade.Fund provides various starting balance options for all challenges, ranging from $10,000 to $100,000, including increments of $10,000 ($10,000, $20,000, $30,000, $40,000, $50,000, or $100,000).
For those aspiring to trade with an even higher account balance, TurboTrade.Fund introduces the Scale-Up plan. This plan is crafted for traders who consistently demonstrate proficiency in their trading strategy and effective risk management. Through the Scale-Up plan, traders can access a higher account balance, further enhancing their trading potential.
Completing the KYC (Know Your Customer) verification process is necessary to ensure our security and compliance. Here’s a detailed guide on how to complete the process:
You must upload specific documents to complete the KYC verification process. We require your Proof of Identity and your Proof of Address. We accept a copy of your National ID or Passport as Proof of Identity. Your Proof of Address document must not be older than three months. KYC verification cannot be completed if you provide expired documents. Please submit the most recent and valid documents.
Once you have gathered the necessary documents, you need to upload the documents.
A notification on your Client Dashboard prompts you to start the Documentation Verification process. Click on the “Upload Documents” button to be directed to the “Settings” page. You will see three tabs, “Personal Info, Documents and Security”. Click on the “Documents” tab.
On the “Settings – Documents” page, you will find a list of the KYC documents that must be uploaded. Click the “Upload” button next to “Copy of ID” and upload clear copies of your Proof of Identity. Click on the “Upload” button next to “Proof of Address” and upload clear copies of your Proof of Address. Click the “Save Changes” button.
After successful submission, the “Upload Button” will change to “Review”. The verification process takes a maximum of 24 hours.
You will receive a notification to inform you once your documents have been approved. The “Review” button will change to “Approved” once your documents have been verified.
It’s important to note that failure to pass the KYC verification process will result in the rejection of your TurboTrade.Fund Challenge Account application. If you encounter any difficulties or have questions during the KYC verification process, please use the LiveChat facility on our website to contact the TurboTrade.Fund Support Team for help.
Our systems will process your payment and generate your Challenge account login details. For card and Crypto payments, you will receive your account credentials instantly. However, verification may take some time with other payment methods.
Once your account is successfully created, an email notification will be sent to you. The trading platform login credentials will be included in the email and your client dashboard panel. If you cannot locate the email in your inbox, kindly check your spam or junk folder.
TurboTrade.Fund emphasizes the importance of securing your login credentials and advises against sharing them with others. Safeguarding your account information ensures exclusive control over its access.
TurboTrade.Fund is a merchant of https://newagecrypto.com/
This means that you can make payment in USDT for your TurboTrade.Fund Challenge.
Yes, you can. The TurboTrade.Fund bank details can be found in the Client Dashboard. Please remember that bank deposits take time to process and that you cannot start the challenge until your payment has been allocated.
TurboTrade.Fund opened a wallet for you. All profit share and affiliate commission payments are paid to this wallet. You can withdraw your funds from this wallet at your request.
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