Introduction
Scalping Dukes DUKES 1 account program is built to reward traders for their time while assessing the trader as they learn to trade with a demo account. The account sizes range from $10k to $100k. Bonuses are paid on a bi-weekly or monthly basis.
Scalping Dukes DUKES 1 program’s ultimate goal is to gain a three month snap-shot of the traders capabilities before giving them access to our live trading funds. The advantage of the Rapid program is that you are getting bonuses whilst being assessed so your time is rewarded during the first three months despite your trading being in a demo environment. There is no time limit in King 1 model.
scalping Dukes rules
1
5% Daily Drawdown
You must not have a 5% drawdown based on your balance or equity on your account within a 24 hour period starting 00:00 server time.
Always remember:
Drawdown % = [1 – (lowest equity or balance for the day) / (starting equity or balance for the day) ] X 100
2
12% Overall Drawdown
Your account must not go down by 12% (realized/unrealized) to balance or equity.
For example:
if you have a $100,000 account, then 12% of that is $12,000. So if your account goes lower than $88,000 then your account has violated the overall drawdown rule
3
Being Consistent
We have a very black and white consistency rule.
See Consistency Rule for more details.
Don’t like it? you can simply ask us to give you a NCA (non-consistency account).
4
3 Days / Week
A trader must enter one trade for at least 3 days a week. We call it 3 trading days a week rule.
However, if you for some reason you don’t think you can manage that due to personal, health, etc. reason – just email us! We will make sure that this doesn’t have a negative impact on your account.
5
No Restrictions
You can trade any instrument available, any lot size you wish at any time.
6
Payout increases!
Your payout increases over time as you grow with our company going from simulated to live account!
King1 Program
Benefits
6 points to remember
Earn whilst you learn
Our Rapid program enables you to take your time in becoming a professional trader whilst earning along the way. Whether you are part time or full time you get rewarded for your success.
Large product range
Trade your favorite products to kick-start your career! There are over 100 instruments available to trade and earn.
Consistency and Non-consistency accounts!
You can choose which Rapid account type is best for you. Show us your skills with the consistency account or trade your own parameters with the non-consistency!
No evaluations or targets
Get started without having to take any tests. Lose the stress of having to reach a time limited target and trade at your own pace!
Low-cost entry into professional trading!
Get started at a low cost and dip your toes into what its like being a professional trader. Choose the program and fee that is right for you and upgrade as you earn!
Take your time!
You can take your time growing and not having to worry about how many calendar days remaining in your trading. Take it slow or fast, whatever works for you.
| $10,000 | $20,000 | $50,000 | $100,000 | |
|---|---|---|---|---|
| Target | Rs. No Targets – You get paid 12% of the profits you earn in your account | |||
| Minimum Trading Days | 3 times per week | |||
| Daily Starting Drawdown | $500 | $1,000 | $2,500 | $5,000 |
| Overall Drawdown | $1,200 | $2,400 | $6,000 | $12,000 |
| Available Leverage | 1:500 | |||
| Refundable Registration Fee | $99 | $189 | $399 | $749 |
| Monthly Fees | No Monthly Fees | |||