Sure Leverage Funding Review
Let's kick off our Sure Leverage Funding review, a proprietary trading firm that offers its traders three distinct funding programs, structured in two phases: the Evaluation stage and the Funding stage. Traders use the MetaTrader 4 platform for proprietary trading, where automated trading is supported. Aim for lofty targets and enjoy substantial payouts ranging from 90% to 100%!
- Automated trading (Expert Advisors) - YES
- Platform for trading - MetaTrader 4
- Leveraege - up to 1:100
- Participation cost - from $50
- Weekend holding positions - allowed
- Grid and martingale trading - allowed
- Stop-loss Required - No
- No Restrictions on Maximum Trading Days
- Maximum Overall Drawdown Capability up to 10%
- Maximum Daily Drawdown Capability up to 5%
- Trading During News Events Allowed
Go to the Sure Leverage Funding website >>>
Expert Advisors Suitable for this Prop Firm:
Sure Leverage Funding Rules
Sure Leverage Funding is a company registered in the Cayman Islands in 2023, officially known as Prop Trade Tech Pty Ltd. This Prop Firm operates on the software and quotes from the Forex broker Eightcap, which ensures good execution of trade orders and robust technical support. For trading, Sure Leverage provides its clients with the MetaTrader 4 platform, allowing company clients to use features for automated trading and a multitude of technical indicators developed by various third-party developers for this trading terminal.
Sure Leverage Funding Review we would like to emphasize that regarding the Trustpilot rating, it shows a relatively high score of 4.5 out of 5. This indicates that Sure Leverage Prop Company has created sufficiently good trading conditions for prop trading and conducts commission payments conscientiously.
In this Sure Leverage Funding review, we will try to take a closer look at the rules for passing challenges and funding in this company.
2 Step - Power Challenge Sure Leverage Funding Challenge
Sure Leverage Funding rules:
Profit Consistency: The goal of the profit consistency rule is to help traders develop a reliable pattern of profitable trades and avoid the pitfalls of emotionally driven trading. For instance, in the one-step power challenge: If, after a 30-day period, your account shows a total profit of $10,000, then no individual trade should exceed 25% of that amount, which equates to $2,500. This rule ensures that profits are not overly dependent on a few trades.
Lot Size Consistency: The lot size consistency rule is enforced after a trader requests a payout withdrawal, to promote stable trading practices. To adhere to this rule, the average size of your trades is calculated and used to set your trading limits. The maximum trade size is established by increasing your average trade size by 100%, and the minimum trade size by reducing it by 75%. This rule aims to prevent large fluctuations in trade size, which can lead to increased trading risks.
Daily Drawdown: The daily drawdown limits are set at 5% for the 2 Step Challenge and 4% for the 1 Step Challenge, calculated from your starting daily balance. This calculation includes all floating losses, swaps, and commissions incurred. It's essential for traders to monitor these figures to ensure they stay within these risk thresholds to avoid violating trading parameters.
Max Drawdown: For the Power Challenges, the maximum drawdown limits are 8% for the 1 Step Challenge and 10% for the 2 Step Challenge, based on the initial account balance. Specifically, for the 1 Step Challenge, your account equity must not drop below 92% of the initial balance at any time. For the 2 Step Challenge, the equity must not fall below 90% of the initial balance. These limits are crucial for managing overall exposure and preventing significant equity losses.
- The profit targets for the evaluation phases are set at 8% for the 1 Step Challenge and 10% for the 2 Step Challenge. These targets are designed to assess a trader’s ability to generate substantial returns while effectively managing their risk. Achieving these targets is crucial for successfully progressing through the trading challenges and demonstrates a trader's proficiency in capitalizing on market opportunities.
- At checkout, you will have the opportunity to upgrade to a 100% profit split at no additional cost. This option allows you to retain all the profits you earn, enhancing the potential financial benefits of your trading activities.
Participation cost:
- $10,000 - $50
- $25,000 - $125
- $50,000 - $240
- $100,000 - $400
- $200,000 - $700
The Best Prop Firm passed software are here:
Liberty Sure Leverage Funding Challenge
Sure Leverage Funding rules:
Daily Drawdown: The daily drawdown is set at 4% of your start of day balance. This calculation includes all floating losses, swaps, and commission rates. It is crucial for traders to monitor their daily losses closely to ensure they remain within this limit and maintain their trading strategy effectively.
Max Drawdown: For the Liberty Challenge, the maximum drawdown allowed is 8% of your initial account balance. This means that your account equity must not drop below 92% of the initial balance at any time. Staying within this limit is essential for managing risk and avoiding significant financial setbacks during the challenge.
- The profit targets for the evaluation phases are set at 6%. Achieving this target is essential for traders to demonstrate their ability to generate consistent and profitable trades under the parameters of the challenge.
- At checkout, you'll have the option to upgrade to a 100% profit split! This means you can keep all the profits you earn, maximizing the financial rewards of your trading efforts.
Participation cost:
- $10,000 - $99
- $25,000 - $169
- $50,000 - $290
- $100,000 - $499
- $200,000 - $799
Pass any Evaluation easily!
New Arrivals
1 Step - HFT Challenge Sure Leverage Funding Challenge
Sure Leverage Funding rules:
The profit split arrangement for the HFT Challenge is structured to progressively reward more to the trader as they succeed. It works as follows:
- The first profit split is 50-50, evenly dividing the profits between the trader and the firm.
- The second profit split changes to 60-40, favoring the trader.
- The third profit split further improves to 70-30, increasing the trader's share.
- The fourth profit split offers the most favorable distribution at 80-20, significantly rewarding the trader’s continued success.
- The profit cap is set at 6% of your account balance. This means that once your profits reach 6% of the starting balance in your account, you've hit the predetermined limit for what you can earn in that specific period or challenge.
Profit Consistency: The profit consistency rule helps traders maintain steady earnings and avoid emotional trading. In a one-step power challenge, if you earn $10,000 in 30 days, no single trade should exceed $2,500. Violations during payout withdrawals are considered soft breaches, leading to the removal of invalid trades but retaining account access. Check the assessment schedule regularly as rules may vary by challenge.
Lot Size Consistency: This rule activates upon a payout request to ensure trade size uniformity. Your average trade size determines the maximum (double the average) and minimum (75% less than the average) trade sizes. Breaches at withdrawal are handled as soft breaches: problematic trades are removed but access is maintained.
- Daily Drawdown: The daily drawdown is set at 4% of your starting balance each day, including any floating losses, swaps, and commissions. This limit resets at midnight server time. For example, if you start with a balance of $100,000 and earn a profit of $2,000, your new balance is $102,000. The next day, your maximum allowable loss is 4% of $102,000, or $4,080. If you lose $1,000 that day, your balance falls to $101,000, setting the next day’s maximum loss at 4% of $101,000, or $4,040.
- Max Drawdown: In the HFT Challenge, the maximum drawdown allowed is 8% of your initial account balance. Your account equity must not drop below 92% of the starting balance at any time. Unlike the daily drawdown, the max drawdown limit does not reset.
Participation cost:
- $10,000 - $120
- $25,000 - $280
- $50,000 - $380
- $100,000 - $580
- $200,000 - $980
Sure Leverage Funding Review and Our opinion about this Prop Firm
Sure Leverage Funding Review we would like to emphasize that this prop firm registered in the Cayman Islands in 2023 under the official name Prop Trade Tech Pty Ltd. It specializes in providing access to Forex trading via the MetaTrader 4 platform, utilizing software and quotes from the broker Eightcap. The firm conducts various trading challenges, including "Power Challenges" and "Liberty Challenge," setting clear rules for daily and maximum drawdown, as well as lot size.
Advantages:
- Technical support and order execution: Interaction with Eightcap ensures reliable and high-quality execution of trade orders.
- Platform flexibility: Using MetaTrader 4 gives traders access to a wide range of technical indicators and automated trading capabilities.
- Structured challenges: Clear rules and structured evaluation stages are aimed at maintaining discipline and regular profit.
- Progressive profit split scale: Starting at 50/50 and increasing to 80/20, which motivates traders to improve their results.
Disadvantages:
- Profit and drawdown limitations: Strict rules regarding maximum daily drawdown and profit cap may limit traders who wish to take higher risks for higher returns.
- Legal jurisdiction: The company's registration in the Cayman Islands may raise concerns among traders about legal protection and transparency.
- Complexity of rules: The multitude of requirements and rules can be difficult to understand and follow, especially for novice traders.
Sure Leverage Funding Review we would like to emphasize that Sure Leverage Funding offers a solid platform for experienced traders seeking a structured trading environment with support for growth and development. However, the complexity of the rules and strict limitations may pose challenges for beginners or those who prefer more aggressive trading strategies.