≡
Challenges
FAQs
About
Contact
Trader Login
NEG
GET FUNDED
TRADER LOGIN

General/Frequently Asked Questions

Is a stop loss required on each trade?

We do not require the use of a SL on any of our programs. NEGmarkets LLC recommends you use them as it can allow you to manage your risk appropriately, but there is no rule requiring it.

Can I hold my Simulated trades over the weekend?

NEGmarkets LLC allows traders to hold trades over night and over the weekends.

Is Simulated Account Management Allowed?

Any simulated trading account associated with your name must be traded by the account owner registered with our platform. Using any form of “Live Simulated Account Management” is prohibited as this is not what NEG Markets is looking for as a firm. Allowing a 3rd party service to trade the program on your behalf will end in a breach of your account.

 

Requesting a Payout

You must trade for 30 days to request your first payout with a minimum of 14 trading days. After your first payout you will be eligible for biweekly 14-day payouts with a minimum of 7 trading days.  

We rely on RISE as our main payout processor. For quick payouts, kindly ensure that all KYC and Traders Agreement forms are completed and signed accurately before submission. Our goal is to process payments within a 24-48 hour window. 

Payout Method

Payout processing typically takes 12-48 hours through RISE, with efforts made to expedite the process. Payments made on weekends or holidays will be processed on the next business day. After a payout request is approved, a reset simulated trading demo account will be provided for further trading. 

Documentation/KYC
  • Form of ID with proof of address.
  • Passport/Drivers License accepted.
Can I use someone Elses Creditcard?

No, you may only use a Creditcard registered to your name which will be the same name that appears on your account info and KYC documentation.

Time period between phases

Once our system ensures you have passed a phase without violating any rules it will automatically allow you to accept the next phase and send new credentials.

VPN and VPS

According to our Terms and Conditions, all traders in our challenge and simulated funded programs must be the sole operators of their accounts. 

To ensure proper data tracking through our internal systems and prevent multiple users on a single account, we discourage accessing any trading account via VPN or VPS. 

While using a VPN or VPS is not prohibited, it can become a determining factor in identifying potentially malicious activity on your account and may lead to violations of our terms and conditions. If you use a VPN or VPS, please ensure you are not breaching any of our Terms and Conditions, including having multiple users on your account or using any automated trading systems  

One of the key benefits of using a VPN is the ability to mask the user's IP address. By connecting to a VPN server located in a different country, a user can appear as if they are browsing from that country. This offers anonymity, bypasses geographic restrictions, and enables access to content that may be blocked in a specific region. On the other hand, a VPS, or Virtual Private Server, is a virtualized server environment provided by a hosting company. It mimics a dedicated physical server but shares the hardware resources with other virtual servers. It operates its own copy of an operating system, allowing users to install and configure software and applications as they would on a physical server. A VPS offers several advantages over traditional shared hosting. It provides better performance and faster  loading times by allocating dedicated resources, such as CPU, RAM, storage, and bandwidth, to each virtual server. It also offers more scalability options, allowing users to easily upgrade or downgrade their server resources as their needs change.

Additionally, a VPS allows users to fully customize their server environment. They have administrative access and control, enabling them to install custom software, optimize server settings and configure security measures to meet their specific requirements. This level of control is particularly valuable for businesses or individuals who have specific software or security needs. In summary, a VPN provides a secure and private connection by encrypting internet traffic, whereas a VPS offers a virtual server environment with dedicated resources and more control over server settings. Both technologies have their own uses and benefits, with a VPN focusing on online privacy and security and a VPS providing a flexible and customizable hosting solution.

Market Rollover
The forex market roll over, also known as the interest rate swap or currency swap, is an essential aspect of foreign exchange trading. It occurs when a trader leaves their position open overnight and the settlement or delivery of the trade extends to the following trading day.

In forex trading, currencies are traded in pairs and each currency has an associated interest rate determined by the respective central bank. These interest rates are a crucial factor in determining the roll over cost or benefit for a particular currency pair.

When a trader holds an open position past the end of the trading day, the interest rate differential between the two currencies in the pair is taken into consideration. If the trader is long on the currency with a higher interest rate and short on the currency with a lower interest rate, they will generally earn interest or a positive roll over. Conversely, if the trader is short on the currency with the higher interest rate and long on the currency with the lower interest rate, they will usually pay interest or experience a negative roll over.

The roll over is calculated based on the net position, the overnight interest rates of the currencies in the pair, and a predetermined "tom-next" rate provided by the broker or liquidity provider. The tom-next rate represents the cost of rolling over the position to the next trading day. It is derived from the interest rate differentials and is typically adjusted to account for market factors such as liquidity and market sentiment.

The roll over is calculated at the end of each trading day and is either credited or debited to the trader’s account. This adjustment aims to compensate for the opportunity cost the trader incurs by holding a position overnight instead of closing it before the end of the trading day.

It is important to note that the forex market roll over is primarily influenced by interest rate differentials, but it can also be affected by market volatility, central bank monetary policies, economic data releases, and geopolitical events. Market conditions and the direction of the currency exchange rates can significantly impact on the roll over rates, making them fluctuate from day to day.

Traders may utilize the roll over strategy to take advantage of the interest rate differentials, aiming to earn additional income from their positions while still speculating on the currency pair’s future direction. However, it is crucial to consider other risk factors such as market volatility and potential overnight gaps that could influence the roll over costs and affect the overall profitability of the trade.
Breached Discount codes

Please contact [email protected] for a discount if you have breached any of your accounts.

How to change your email address

Please contact [email protected] to update any account  information including your email.

Payment Methods

We accept Debit/Credit and crypto. 

We accept Bitcoin, Etherium and USDT TRC through Blockbee 

Refund Policy

Yes, there is a refund available. After purchase is complete all sales are final. 

We offer a challenge refund for 2 STEP and 3 STEP challenges only if the following requirements are met. 

Requirements as follow: 

  1. Challenge must be passed.
  2. Refund is only for the base cost of the challenge.

 

Any addon added per account will NOT be included in the refund, only the BASE challenge price!

 
ADDONS

We offer a variety of addons at an extra cost. 

  • 6% daily drawdown for 10% extra fee per challenge selected 
  • 12% max drawdown 20% extra fee per challenge selected 
  • 14% max drawdown 30% extra fee per challenge selected 
  • 90% profit share 25% extra fee per challenge selected 
  • Bundle 6% daily dd + 12% max dd + 90% profit share will cost 40% extra per 
  • challenge selected 
  • Bundle 6% daily dd + 14% max dd + 90% profit share will cost 50% extra pre challenge selected 

Please note any addons added to a challenge will waive initial refund. Please check refund policy!

A new era of crypto investments has arrived.

Our state-of-the-art trading platform provides lightning-fast
execution and access to real-time market data, equipping traders with a competitive
edge.

Highlights
A New Era Of Crypto Investments Has Arrived - Blockchain X Webflow Template
1M+

Total Payout

3hr

Avg Payouts Time

81K%

Funded Traders

90%

Profit Split

 
 

NEG

Join us at NEG Markets LTD and experience the future of trading with confidence and reliability.

SITEMAP

Helpdesk

RESOURCES

JOIN COMMUNITY

Facebook Tiktok Discord Instagram Youtube Twitter

All rights reserved. Copyright © 2024. NEG Markets LTD from “St Lucia”

The content presented and disseminated by NEG Markets LTD from “St Lucia”, NEG Markets LTD, and its associated entities (referred to as the “Company”) is solely intended for general informational and educational purposes. None of the information provided by the Company or found herein should be construed as investment advice, an offer or solicitation to buy or sell any security, investment, company, or fund, or a recommendation, endorsement, or sponsorship thereof. It is important to note that leveraged products, including CFDs and FX trading, involve complex instruments with a substantial risk of financial loss. Please be aware that the information on this website is not meant for any jurisdiction where its use would contravene local law or regulations.