$10,000
$10,000
Phase 1
Phase 2
UWM Trader
There is absolutely no time limit with any of our models, take the time to pass at your own pace
Unlimited
In our Evaluation model you can receive faster funding time, only 5 minimum trading days required!
The minimum requirement to pass our express phase is 5 trading days (Does not need to be consecutive).
If you have reached the profit target early, you are allowed to open a micro lot trade of 0.01 and close it immediately after to fill the remaining days.
5 days
5 days
10 days
In Our Evaluation Model the Profit Target for Phase 1 is 8% and the Profit Target for Phase 2 is 5%.
$800 (8%)
$500 (5%)
X
In Our Evaluation Model the Profit Target for Phase 1 is 8% and the Profit Target for Phase 2 is 5%.
$1,000 (10%)
In Our Evaluation our daily loss limit specifies that you are not permitted to lose 5% of your initial account balance on any given day.
So here is how the calculation works:
Your daily loss limit = the sum of your open and close positions for the day.
This implies that on that specific day, this number should not exceed 5% of your initial account balance.
For example, if you have a $100,000 account, the maximum daily loss limit is $5,000, and you are not allowed to lose more than $5,000 on any given day. Suppose you have lost a total of $2000 in your closed trades. In such a case, you cannot lose more than $3000, including floating losses.
$500 (5%)
For our Evaluation model, there are two phases
That being said,
During the trading period, the trader must not hit the maximum daily drawdown of 5% equity at any time based on the starting days balance & equity of their account (whichever is higher). The trader must also not hit the maximum relative drawdown of 10% from the starting balance of the account.
Daily drawdown is 5% of the starting equity or balance of the day every 5:00pm EST.
Daily drawdown is not fixed 5% of initial starting balance.
For example:
If your starting equity is $103,000 but your starting balance is $100,000 then the daily drawdown will be based on your starting equity because it is higher. 5% x $103,000 = $5,150. Your account balance/equity cannot go below $103,000 – $5,150 = $97,850 for the day.
If your starting equity is $95,000 but your starting balance is $97,000 then the daily drawdown will be based on your starting balance because it is higher. 5% x $97,000 = $4,850. Your account balance/equity cannot go below $97,000 – $4,850 = $92,150 for the day.
Balance & Equity
At UnionWealthsManagement we offer the following leverage for your trading account.
1:30 Maximum Leverage
Start your trading journey with UWM and receive 80% profit split, but it does not end there, scale up to 90% profit split!
80%/90% Scaling
Unlock the secrets to successful trading with our Mastery Course, offering a deep dive into the world of trading. Explore every aspect of trading, from pre-trade analysis to post-trade review, and gain a comprehensive understanding of the mechanics behind each decision.
And as a special bonus, tap into the power of your mind with our exclusive course, “A Trader’s Mind”. Learn the psychological strategies and emotional control techniques used by top traders to achieve consistent success in the markets. Unlock the key to your trading success and take your skills to the next level with our Mastery Courses and “A Trader’s Mind”.
No
You are eligible to get back your registration fee once you are a UWM funded trader with us plus 15%!