Trading Rules

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. 

For Unicorn challenges (excluding the Gold, Platinum, Martingale, and Tournament challenges), all traders who successfully complete the challenges and reach the real account stage can withdraw their profits at any time. Additionally, traders are required to withdraw their profits once they reach a 10% profit.

If traders do not withdraw their profits after achieving a 10% gain, only 10% of the profits will be credited to them, and any additional profits will not be considered.

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. Please note that on the real account, the profit target is Unlimited . 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 real 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

Customers are not permitted to perform hedging trades across multiple accounts, whether in our prop firm or in other prop firms (companies using Unicorn servers).

Customers are allowed to have prop accounts in other prop firms; however, if it is determined that a customer has obtained multiple prop accounts under one or multiple names across different prop firms and is conducting parallel trades or hedging (emphasis is placed on conducting trades, not merely having accounts), UNFXPROP reserves the right to suspend the related accounts without prior notice. Additionally, services to the customer will be terminated, and the prop account fee will not be refunded.
Hedging trades between symbols with a common side are also prohibited.

Please note that customers may simultaneously hold accounts with other prop firms while also having an account with UNFXPROP. However, if no parallel trades are conducted in other prop accounts, this does not violate any rules or restrictions.

For example:

  • In Account No. 99501, a buy trade is opened on the EUR/USD currency pair.
  • In Account No. 99502, a sell trade is opened on the GBP/USD currency pair.

This type of trading is also considered hedging and will be treated as a violation.

Please carefully follow the rules to avoid potential issues.

Capital Increase
Once a trader receives a real 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. 

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 Real 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.

Capital Increase Rules:
A 60% capital increase is applied up to a limit of $100,000 on the selected plan.
For example, if you have selected the $250,000 package, you can request an increase in capital up to $350,000 after reaching the 10% profit target. Similarly, if you select the $100,000 package, you can request an increase in capital up to $160,000.