AquaFutures’ giveaway accounts offer an exciting opportunity for traders to prove their skills with no initial costs. These accounts are structured to provide a clear and fair path for traders to progress through an evaluation phase and potentially transition into funded trading. Below is a detailed overview of the giveaway account structure, rules, and processes.
Account Sizes and Giveaway Type
Giveaway accounts are available in three sizes:
$5,000
$10,000
$25,000
These accounts operate as part of our Beginner Challenge, which serves as an evaluation phase. The challenge includes parameters like daily drawdown limits and a lower profit target percentage to simplify the entry process for new traders.
Profit Targets and Drawdown Rules
Profit Target
To pass the evaluation, traders must achieve a profit target of 6% of their starting balance.
$5,000 account: $300 target
$10,000 account: $600 target
$25,000 account: $1,500 target
There is a 40% consistency rule for both evaluation and funded stage of the account. This means your highest recorded profitable day must not exceed 40% of your total profits on the account.
Drawdown Limits
Daily Drawdown: Set at 2.5% of the starting balance, calculated at the end of each trading day using the account balance.
Maximum Drawdown: The maximum drawdown is set based on the highest recorded balance or equity:
$5,000 accounts: 4% of the highest recorded balance or equity
$10,000 accounts: 4% of the highest recorded balance or equity
$25,000 accounts: 6% of the highest recorded balance or equity
As the account grows, the maximum drawdown adjusts to reflect the new high watermark.
Example: A $5,000 account starts with a max drawdown of $200. If the balance/equity reaches $5,100, the max drawdown increases to $204, and is set from the high balance/equity of $5,100.
These drawdown rules apply to both evaluation and funded accounts. Both the daily drawdown or maximum drawdown being reached will result in a permanent breach of the account. Account resets are not available for giveaway accounts under any circumstances.
Trading Days and Profit Consistency
Minimum Win Days
To pass the evaluation, traders must record 5 win days, meeting the following profit criteria:
$5,000 account: $50 profit per win day
$10,000 account: $50 profit per win day
$25,000 account: $75 profit per win day
These win days do not need to be consecutive. The same win day requirements apply to funded accounts.
Position Size Limits
All giveaway accounts have a maximum position size of:
1 mini contract
10 micro contracts
How to Claim a Giveaway Account
After winning a giveaway, follow these steps to claim your account:
Open a Ticket: Contact our support team through the community Discord.
Provide Required Information: Include proof of the giveaway win (e.g., link or screenshot), proof of ownership, full name, email address, residing country, and any other requested details.
Await Confirmation: After submitting your claim, expect an email with further instructions within 48 hours.
Pricing and Renewal
Giveaway accounts are free for the first 30 days. After that, traders must renew to continue using their accounts.
$5,000 account: $20/month
$10,000 account: $35/month
$25,000 account: $60/month
If you pass the evaluation within the first 30 days, no renewal is required, and your account will transition to the funded stage. The 30-day period begins at account creation. To avoid charges, cancel your subscription through the trader dashboard before the 30-day period ends.
Reward Policies
Funded accounts have no profit targets, but the following rules apply:
Minimum Trading Days: Complete 5 win days with the same criteria as the evaluation phase.
Consistency Rule: Your highest single profitable day must not exceed 40% of your total profits.
Profit Splits
100% profit split: Up to the first $15,000 per account.
90% profit split: After $15,000 in withdrawals per account.
Reward Cap
Per reward, the following is the cap for each account:
$5,000 account: $150 per reward
$10,000 account: $300 per reward
$25,000 account: $750 per reward
Giveaway Eligibility
Each trader is limited to one giveaway win or claim per 30 days. If you win multiple giveaways, you must wait 30 days after your original claim to redeem a second account. Additionally, traders may only have one giveaway account backlogged to ensure fairness and accessibility for all participants.
Account Rules and Restrictions
All giveaway accounts are subject to the same rules and restrictions as our standard accounts. Any violations of AquaFutures’ trading rules or the use of prohibited trading strategies will result in the immediate termination of the account. Traders are encouraged to review and understand our full trading guidelines to ensure compliance.
Giveaway accounts cannot be claimed by residents or citizens of restricted territories. See our restricted territories policy here.
AquaFutures giveaway accounts are designed to provide a rewarding experience for disciplined traders. We look forward to seeing your skills in action and wish you success on your trading journey!