As a serious trader, I strongly advise steering clear of this company. Their maximum loss limit is calculated based on your account's highest record. For instance, with a 50k account, if you reach 54k and then gradually lose trades over a few days down to 49k, you will be warned that your account is breached. This is absurd and feels like a scam. The rules state that the trailing drawdown is based on the highest balance from previous days, but it’s baffling how the high from days ago can impact your current situation!
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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.
