I passed Phase 1 and was making progress in Phase 2 when my account was abruptly terminated due to a minor daily drawdown violation, despite my maximum drawdown being well within limits. The problem isn't the rule itself, but the total lack of transparency in its enforcement. When I sought clarification, the support kept repeating the same line: 'Daily drawdown breach = immediate failure.' This is not an explanation, it's simply an excuse. They refused to provide any evidence or logs to support their claims. A reputable firm would show timestamps, equity values, and explain mechanisms instead of hiding behind generic statements. This firm's handling of the situation suggests they are looking for the smallest slip-up to terminate traders, especially those nearing success. This is not risk management, but a trap disguised as a challenge. Be warned: your account can be terminated by minor fluctuations, with no proof offered. They merely repeat the same template message, claiming it's industry standard. Based on my experience, this firm lacks transparency and fairness, and I cannot recommend them to anyone who values integrity.
Claim your business profile now and gain access to all features and respond to customer reviews.
Plus Markets is a prop trading firm that supports skilled traders with the funding that they need to trade for a living.
