Rules

Overall Drawdown (Static)

We have kept our drawdown rule simple - it is set at 10% of the initial balance.

If at any point your equity drops below the maxium overall drawdown, the account will be breached.

Example:

On the $5,000 account the maximum loss on the account will be $500. Therefore if your equity falls below $4,500 the account will be breached.

Daily Drawdown (Balance-Based)

The daily drawdown is the maximum a trader can lose in any single day. This is set at 5% of the traders balance at the reset time.

The reset time is: 22:00 GMT.

Should the traders equity fall below this point at any point during the day, the account will be breached.

Example:

Your balance at the start of the trading day is $5,250. You daily drawdown limit is 5% of this which is $262.50. This means if your balance drops below $4987.50 ($5250 - $262.50) your account will be breached.

Minimum Trading Days

To avoid gambling-type behaviour, we have implemented a minimum trading day rule which is active for the evaluation phases only.

A trading day is counted as a day in which one or more trade is taken and over 0.5% profit has been generated.

Example:

A trader has a $5,000 evalulation. A minimum profit of 250 must be made to count as a trading day.

Note: We have no maximum trading day rule. You have an unlimited amount of time to pass the evaluation.

News Trading Rule

We do not allow any trading to take place 2 minutes either side of a red-folder news event. Our platform will not execute any orders in this 4 minute window. Any pending orders will be executed after

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Anti-Cheating Rules

Castle Trading welcomes any type of geneuine trading, including swing trading, scalping and day trading. Any attempt to cheat the system or destablise the platform for all genuine traders will not be tolerated and will result in the account being breached. This can include:

• Exploiting the trading platform or other technology.
• Using an external or slow datafeed.
• Colluding with other traders to hedge between accounts.
• Using high-frequency trading tools or software.
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Prohibited Strategies

As stated, we welcome all genuine strategies. There are a few specific strategies we cannot allow however due to limitations of our platform and demo trading environment. The following strategies are not permitted as Castle Trading:

• High-frequency trading (large numbers of trades executed in < 5 seconds).
• Copy trading and account management services

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More Information

We understand traders have many differant styles and we want to welcome as many traders as possible. Find below our position on many popular concepts:

• Martingale: Using martingale strategies is allowed at Castle Trading. However, this is typically not a good risk management approach, so we would advise caution if using this method.
• Consistency Rules: We do not have any consistency rules other than the minimum trading days which is outlined above.
• Algorythmic trading: While we allow algo trading, our platform does not currently support native algo trading.
• Holding Positions: We allow the holding of positions overnight and over the weekend. Please note, trading will be disabled during the daily rollover period.

Basic Colors

Currently, there are 3 main colors used as the basis:

• Dark
• Light
• Brand

Other colors derive from the main ones. There are:

• Brand Color Palette – a few variations of the Brand color
• Dark Color Palette – a few variations of the Dark color
• Utility Colors – fades of the Dark and Light colors mainly used for buttons and borders

Colors used in context

The basic colors are linked to the site's main elements: 

• Backgrounds
  • Primary Background
  • Secondary Background
• Text
  • Primary Text
  • Secondary Text
• Buttons
  • Primary Button, including hover state
  • Secondary Button + Hover State
• Borders
• Focus State
  • Input fields
  • Buttons
  • Links

You can easily update the existing colors and add as many as you need, and then apply (link) them to the site's main elements, for example, Buttons:

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Questions?

Please reach out to me at hello@slavasolovyev.com if you have any questions about how to use the template or if there are any issues.