Trading During News Events
You are allowed to trade during news events without any restrictions. Trade confidently at any time and on any financial instrument.

Use of Automated Trading Systems
Automated trading bots are not allowed on our trading platform. You may only trade manually using your analysis. Therefore, we do not approve trading robots.

Number of Proprietary Trading Accounts
Each trader may have up to two prop accounts, with a maximum total capital of $1,000,000.

Swap Fees in Prop Trading
Swap fees apply to prop trading accounts, but there are no restrictions on when trades can be closed. You can close your trades anytime.

Profit Withdrawals
The first profit withdrawal is after one month, the second after three weeks, the third after two weeks, and the fourth after one week. Subsequent withdrawals are made weekly. Initially, traders can withdraw 85% of their profits for the first three times. Afterward, with consistent profitability, they can withdraw 90% of their profits. Traders who pass the challenges and reach the live account stage must withdraw profits once they reach a 10% profit target. If they do not withdraw after reaching the 10% profit target, only 10% of the profit will be considered, and additional profits will not be counted.

Managing Multiple Prop Accounts
Managing multiple prop accounts across different companies or executing similar or hedging trades is strictly prohibited. Violating this rule may lead to account termination without prior notice, and no refund will be provided.

Referral Bonus
You can earn a referral bonus ranging from a minimum of 8% up to 30% for each friend who successfully registers for the prop trading program.

Target Goals
Targets refer to the profit amount a trader must achieve to successfully pass the challenge stages.
Example: In the chosen plan, the first stage target is an 8% profit. In a $50,000 account, to pass phase one, the account profit should reach $4,000. Note that in the live account, there is no profit target. Account details will be sent to your email, and it is the trader’s responsibility to keep them secure.

Violation of Rules
If you violate any of the rules of the prop trading program, whether in the test period or live prop account, your account will be automatically deactivated, and the prop trading contract will be terminated. If you wish to trade again, you must pay the relevant fee from the beginning.

Trading Under 3 Minutes Rule
Unicorn Prop, a subsidiary of Unicorn Holdings, provides the latest, most accurate analysis tools for prop trading.
All prop traders can monitor their accounts per set rules in their personal dashboard. They can also utilize Unicorn’s professional tools to analyze trades and build strategies that improve their success rate. They can view challenge or tournament results directly in their dashboard without needing to contact Unicorn Prop support.

We have removed the rule limiting accounts to no more than three trades under three minutes, which were considered high-risk scalping and would result in account rejection. However, if an account has more than ten high-risk scalping trades under three minutes, and Unicorn support identifies a high risk or profit based on risky scalping trades, the account will not be approved. We encourage prop traders to trade professionally and avoid high-risk trades. If, after passing the challenge and reaching the profit target, the account has over ten scalping trades, the account approval may be rejected if the trades are deemed high risk or if profits were achieved through this strategy.

Similar Trades or Hedging in Multiple Prop Accounts
Clients are not permitted to make similar trades or hedge positions in multiple prop accounts or in different prop companies. If the broker detects a client holding multiple prop accounts simultaneously with different names across various prop companies, Unicorn Prop reserves the right to close the participant’s account without prior notice and deny further services, with no refund provided.

Capital Increase
Once a trader receives a live account, they may apply for capital increases based on the selected plan’s capital growth potential.
For example, if a plan allows for a 100% capital increase, and the trader earns 10% of the initial balance in the first month, they may request an additional 100% capital, up to $100,000. The UnFX Prop financial analysis team will assess the trader’s account based on the created risks, and the capital increase percentage will be determined.
For example, for a $10,000 package, if the trader earns $1,000 in profit and does not violate other conditions, they can request a capital increase. This would increase their account balance from $10,000 to $20,000.
Note that profit refers to the total profit after closing all trades and deducting trading fees such as commission, swap, and account losses. Each trader can request a capital increase only once.

Additional Rules
In funded accounts, traders should not take high-risk positions or commit a large amount of equity to trades that may endanger capital, as a minor market fluctuation may wipe out any profits. The trader must have positive monthly equity growth; otherwise, the funded account will be deactivated, and the trader must re-enter the challenge.

In the Unicorn plan, during the challenge stage in the real account, the profit share increases to 70% after achieving a 30% target.

Unicorn Plan Profit Withdrawal

The profit withdrawal for Unicorn plans is based on a 50-50 split. After reaching the 30% target, the profit split changes to 70% for the trader and 30% for the broker.

Floating Risk Rules for Prop Accounts:

Maximum Risk:
The maximum allowable risk is calculated based on each trade or the total open trades.

During the Challenge Phase:

• Exceeding the risk limit due to slippage is not considered a rule violation.
• Intentionally exceeding the risk limit will result in the account being reset.

During the Live Phase:

• Exceeding the risk limit due to slippage is not a rule violation.
• Intentionally exceeding the risk limit violates risk management rules.

Slippage and Rules:

• If exceeding the risk limit occurs due to slippage (e.g., account drawdown increases from 3% to 3.2%), it is not considered a violation.
• Recommendation: Set the risk limit slightly below the maximum allowed to minimize the chance of a violation caused by slippage.

Additional Notes:

• Floating risk rules do not affect the daily or overall drawdown percentages.
• Exceeding drawdown limits (daily or overall), even due to slippage, is considered a rule violation.

Stop Loss Considerations:

• Setting a stop loss is not mandatory; only account drawdown levels are monitored.