Astra Traders Instant Funding

Astra Traders Instant Funding

Table of Contents

1. Product Definition

Astra Traders provides funded accounts to retail traders within a simulated trading environment. Each trading account is manually managed by the provider on the backend and operates through trading mirroring.

2. Trading Platform

All trading accounts utilize the MetaTrader 5 (MT5) platform.

3. Account Leverage

Traders may utilize a maximum account leverage of 1:500, which is applied by default to all accounts.

4. Account Tiers

The following account tiers are available:

  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • Higher accounts available upon request

5. Number of Accounts

Traders may open and maintain accounts of any level without limits. However, Astra Traders reserves the right to limit the number of accounts or reject traders from opening accounts based on an assessment of their trading habits and risk management. Reasons for any rejections will be transparently outlined and communicated to the trader.

6. Accounts Summary

  • Profit Share: 100%
  • Profit Payouts: Bi-weekly (every 14 calendar days)
  • Profit Accumulation: Unlimited
  • Lot Size Restrictions: None
  • Stop Loss Requirement: None
  • EA Usage: Allowed
  • Maximum Drawdown: 12%
  • Daily Drawdown: 6%
  • Holding Positions Overnight: Allowed
  • Holding Trades Over the Weekend: Allowed
  • Trading During News: Allowed

7. Profit Withdrawal

Traders may request profit payouts every 14 calendar days, starting from the date of the first trade. Withdrawals are processed via bank wire, and traders must provide relevant receiving bank details upon request. Withdrawal requests must be submitted via email to admin@astratraders.com on the day of payout eligibility. All positions/orders must be closed/deleted on the withdrawal day, or the request may be rejected. To be eligible for a profit withdrawal:

  • The contribution of the most profitable trade or trading day to the total profit must not exceed 40%. A trade is considered any trade idea where the trader has opened and closed all running positions.
  • A single losing trade must not account for more than 3% of the account balance at the time.

8. Minimum Trading Days

There are no minimum trading days required for profit withdrawal eligibility. However, traders must demonstrate reasonable risk and activity distribution across each payout cycle.

9. Trading Strategies

There are no restrictions on trading strategies, and traders may use any Expert Advisor (EA) provided good risk management and contribution practices are followed. Strategies are subject to review by Astra Traders, and accounts may be terminated at the sole discretion of Astra Traders if an unreasonable trading strategy is detected. High-frequency Trading (HFT) bots or activities (positions lasting 6 seconds or less) are not allowed and may result in account termination, payout cycle duration changes, or additional risk parameter adjustments.

10. Maximum Account Drawdown

The maximum account drawdown for a funded account is 12% of the starting balance. For example, on a $100,000 account, the balance or equity must not drop below $88,000. Violation of this limit will result in automatic account termination.

11. Daily Account Drawdown

The daily drawdown allowance is 6%, assessed based on the higher of the account balance or equity at midnight GMT+3 (Athens time, trading account server time). For example, if a $100,000 account grows to $105,000 by midnight, the daily drawdown limit is $6,000 ($105,000 – $99,000 = $6,000 or 6% of $100,000). This value adjusts daily, and traders are notified via email of each adjustment.

12. Deactivation

A funded account will be deactivated (terminated) in the following situations:

  • Violation of the maximum account drawdown.
  • Violation of the daily drawdown levels.

Traders will receive email notification in case of deactivation.

13. Termination

Astra Traders Risk Team may terminate a funded account at any time due to irregularities, legal/regulatory/technical issues, risk issues, inactivity, or violations of drawdown limits. While detailed reasons may not always be provided, Astra Traders aims to communicate transparently.

14. Account Review

The Astra Traders Risk Team regularly reviews active funded accounts to assess trading activities and risk exposure.

15. Setup Fee

The setup fee is non-refundable, except if a trader demonstrates profitable trading over three consecutive months from the start of trading, in which case the setup fee will be refunded.

16. Acknowledgement

By participating, traders acknowledge the following:

  • Trading is conducted on capital provided by Astra Traders (funded account).
  • Accounts must be traded at a reasonable risk level.
  • Profits may be withdrawn every 14 calendar days from the start of trading.
  • All communication regarding Astra Traders Funded Accounts must remain strictly confidential.

Agreement

By purchasing an account, you agree to be bound by the conditions outlined above.