Thalex Funded Account

How it works?

Get more information about the ABCs see the ABC Terms, Terms of Use.

For the existing customers - send us a request ([email protected]) to join the campaign!

Test Rules

The target is evaluated each day after daily settlement.

Participant is not allowed to transfer ABCs from their main account to the test account.

Funded Account Rules

FAQs

How can I participate in the campaign if I am not a Thalex customer?

You just have to complete the onboarding first:

Sign up on Thalex and get free $100 ABCs with the campaign invite code “FUNDING” after you complete the onboarding. Deposit at least $100 USDT and join the test!

How can I participate in the campaign if I am a current Thalex customer?

Send us a message ([email protected]) to join the campaign! We will create a new sub-account where you can deposit at least 100 USDT to participate in the campaign test.

The same campaign rules apply for both: current customers and new customers!

What happens if I fail the test?

If you fail the test, you only take the loss you made on the test trades. You can still trade on Thalex with your own funds or ABCs through your account. Improve your trading skills and try again!

Does the test have the same drawdown rules as the funded account?

No. For the test you have a drawdown rule of max 30%. All trading activities need to comply with are risk management rules in the Rulebook.

What instruments can I trade?

You can trade any asset listed on the Thalex platform that complies with the Rulebook.

Are there any fees?

Trades are subject to the standard Thalex exchange fees.

Campaign Terms

1. This campaign is open solely to retail traders, provided they have a Thalex account. If you do not have a Thalex account, you can apply for one here.
2. The campaign does not have a fixed end date.
3. The results of the trading test will be checked and evaluated according to the test rules every day after settlement.
4. Trades must be conducted through Thalex accounts only. Testnet trades are not eligible for this campaign.
5. The $1,000 funded account is granted in the form of non-withdrawable ABCs ("Asset Balance Credits"), deposited into a participant's account, provided all relevant conditions are met.
6. Participants are allowed to withdraw 100% of the trading profits generated from the funded account.
7. Participants are allowed to withdraw the deposit amount from the funded account.
8. Participants may retake the test an unlimited number of times, provided they meet the deposit requirement each time.
9. If a participant has ABC balance in their main account, the participant is not allowed to transfer ABCs from their main account to the test account.
10. If a participant deposits additional funds into the account used for the test, the test will automatically reset.
11. Each participant may receive access to a funded account a maximum of three times.
12. A maximum of one Thalex funded account is permitted per participant.
13. Thalex reserves the right to liquidate the funded account and withdraw the allocated ABCs without notice in the event of a breach of the Funded Account Rules.
14. Thalex reserves the right not to grant rewards in cases of non-compliance with the Terms & Conditions, illicit behavior, or any unfair advantage, at its sole discretion.
15. Thalex will not be responsible for any margin calls, position closeouts, or other risk events, which must be managed individually by each participant in accordance with their own risk profile.

ABC Fair Use

• Asset Balance Credits, or "ABC", are governed under the Terms of Use and ABC Terms of Use.
• ⁠Thalex may, at all times and without assigning a reason thereto, undertake investigations and verifications that neither the ABC’s nor the Campaigns are being misused or abused; to do so, it may undertake phone verifications, IP verifications, account verifications and other actions it deems necessary to protect the regular functioning of the Platform.
• ABCs are not Client Money, and don’t have the consideration of Client Assets. They don’t represent a segregated pool of liabilities, and will not be segregated under the Custody Policy.
• ABCs are not available for withdrawal, they are not Digital Assets, nor have the categorization of Digital Assets, and are not usable, for any purposes, outside of Thalex Platform. ABCs can only be used for margin balance purposes.
• ABCs don’t reflect P&L, and cannot be used for negative P&L settlement. ABCs don’t convert into profit; however, profit(s) derived from trades based on ABCs will be credited to the Participant’s account in the settlement coin. Whilst profits are considered Client Money, they may be reversed, and trades undone, in the event that, following its procedural checks, Thalex concludes that their acquisition has resulted of the violation of these Terms and of the Rulebook, having the ability to clack back the Profit and revert trades to the counterparts, as the case may be.
• ABCs don’t expire; however, Thalex reserves the right to remove any ABC balance from the Participants account following 1 (one) months of inactivity.
• Controlling multiple logins or coordinating activity across multiple customer accounts is strictly prohibited.
• Any breach of the ABC Terms, Terms of Use, or Rulebook may lead to the removal of ABCs and any associated profits, at Thalex’s sole discretion.
• ABCs do not qualify as Client Money unless Thalex confirms they have been received and used in full compliance with our Terms of Use.
• Thalex reserves the right to investigate customer activity. Failure to cooperate may result in the forfeiture of ABCs and related profits.
• Thalex is the sole interpreter of the Terms and Conditions of each Campaign, of the Terms of Use and of the Rulebook.