At Golden Fund, we are committed to providing a structured and transparent trading environment. Our trading rules are designed to ensure fairness, manage risk, and optimize performance. By participating in our trading program, you agree to comply with the following rules:
Rule 01 - Risk Management
Rule 02 - Evaluation and Establishment Phase
Rule 03 - Trading Behavior
Having a well-defined trading plan, strategy, and risk management approach is crucial for successfully completing the evaluation phase. At Golden Fund, we allow traders to trade in their preferred style and time, including news trading, scalping, long-term trading, and short-term trading. However, we advise all traders to be mindful of their risk management profile.
At Golden Fund, trades lasting less than one minute are not accepted. If a trader has two or fewer such trades, their trades will be accepted. If there are between two and four of these short trades, the trader's account will be refunded. However, if the number of trades lasting less than one minute reaches five or more, the trader will fail.
Hedging between different accounts related to the company using derivatives is illegal, and hedging strategies are not allowed at Golden Fund. Additionally, hedging within the same account, where more than 5% of the total capital is involved in the hedge, will result in account termination.
Trading practices that exploit Metatrader’s inefficiencies, such as gap trading, latency arbitrage, long-short arbitrage, reverse arbitrage, and opposite account trading, are strictly prohibited. Any trader found engaging in such activities will have their trades adjusted to the executed fill price received from the liquidity pool, and repeat offenses may result in account termination.
At Golden Fund, any single trade or single day's profit exceeding 30% of the total account profit is not accepted. After the account period ends or the account is marked as success pending, having such trades or profits compared to the total profit will result in account failure.
Rule 04 - Instruments
Rule 05 - Expert Advisers & Robot Usage
Rule 06 - Account Types and Rules
Rule 07 - Profit-Split
Rule 08 - Getting paid
Rule 09 - Scaling up (To the Moon)
Rule 10 - Drawdown Rules
Golden Fund implements a “trader’s daily stop-loss” rule to manage risk. This rule sets a daily loss limit of 5% from the initial account balance. Throughout the trading day, the sum of the total outcome of all closed positions and the current floating P/L (profits/losses) must not exceed this daily loss limit. The formula for calculating the daily loss limit is as follows:
Current Daily Loss = Results of Closed Positions of This Day + Result of Open Positions
For example, under the Golden Plan Challenge with an initial account balance of $50,000, the maximum daily loss limit is $2,500. If you incur a $2,000 loss from closed trades, your account must not decline more than $500 that day, nor should your open floating losses exceed -$500. This limit includes commissions and swaps.
Additionally, the 5% (or 6%) drawdown rule must be adhered to based on your account balance or equity within a 24-hour period starting from 00:00 server time.
Drawdown % = [1 – (Lowest Equity or Balance for the Day) / (Starting Equity or Balance for the Day)] X 100
12% (or 10%) Overall Drawdown:Your account must not decline by 12% (or 10%) relative to balance or equity. This rule, also known as “account stop-loss,” applies to the entire duration of the testing period, not just one day. The calculation logic is similar to the Maximum Daily Loss, with the additional consideration that it spans the entire testing period. The limit includes commissions and swaps. For example, if you have a $10,000 account, 12% of that is $1,200. If your account balance falls below $8,800, it will have violated the overall drawdown rule.
Remember, both daily drawdown and maximum drawdown are calculated based on your daily balance.Rule 11 - Retakes and Extensions
Rule 12 - Reset Discounts and Additional Profit
Rule 13 - News Trading and Weekend Holding
Rule 14 - Profit Split and Golden Fund Factor
Rule 15 - Refunds
Rule 16 - Account Credential Safety
Rule 17 - Inactivity
Rule 18 - Clarification on the Use of Third-Party Software
Rule 19 - Golden Fund Factor (GF)
GF= (Total Profit / Maximum Drawdown) * (Number Of Trades / 30)
A higher GF indicates a more effective trading strategy with a better risk-reward balance. To be considered among the top traders, your GF must meet or exceed the threshold set by Golden Fund.PF= Total Gross Profit/Total Gross Loss
While PF is useful, GF offers a more complete assessment of a trader’s ability to manage risk while achieving high returns. For these reasons, GF is preferred as the primary metric for evaluating and recognizing top traders on the Golden Fund platformRule 20 - Elite Challenge Rules