This firm penalizes scalpers with a rule requiring trades to last at least two minutes. Scalpers cannot predict exact trade durations. Markets are dynamic and chaotic. While you can set your take profit and stop loss, you can't foresee how long it will take for prices to reach targets. This arbitrary two-minute rule does not account for market behavior and only serves to minimize their costs while invalidating valid trades. I wouldn't recommend this firm for efficient traders or those who rely on fast execution. If you're a scalper, look elsewhere. Also, I received email confirmation that a single trade under two minutes would fail even after meeting profit targets and while within drawdown limits. I had multiple trades under two minutes, and after confirming with the support team, there was no practical reason to continue. I was up 30k on a 100k account with consistent profits and minimal losses. However, I decided to let the trades run freely. The account closed after meeting monetary targets. Additionally, I experienced price data lagging several times, which should not occur at all. Finally, this firm is unregulated and registered in a jurisdiction that raises red flags. Legitimate firms do not need to hide from regulation.
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Plus Markets is a prop trading firm that supports skilled traders with the funding that they need to trade for a living.
