The Morris Capital Acceleration Program is designed to assist established Traders with growing their FUM.
Acceleration Program for Traders
What Morris Capital acceleration program is about?
-1-
Morris Capital will allocate capital to strategies that execute into the MT4 trading platform.
-2-
The initial allocation will match the Trader account deposit and be considered one unit of allocation.
Requirements for Allocation
You need to meet all 5 requirements in order to participate in Morris Capital Acceleration Program.
1
Trading history
3+ months minimum trading on a live account with a recognised broker.
2
Verified statement
Independent audit report or verification by 3rd party.
3
Maximum drawdown
Maximum drawdown from initial deposit <30%.
4
Leverage requirement
Willing to manage an account set at 200:1 leverage with expected max leverage used of 20x initial deposit.
5
Account funding
A funded trading account over $20,000 (up to $50,000) US or equivalent with MYFX Markets.
Trader remuneration is 25% quarterly performance fee on allocation.
What happens after?
There are unlimited possibilities for Traders with Morris Capital.
Allocation particulars
After three calendar months of trading there is an increase in allocation of 2 more units if return / drawdown is over 2.
Another 2 units are added after the following three months. For example, if initial matched allocation is 30K USD, then after six months the allocation from MCA can be 150K USD.
Long-term contract
Following this period Traders or trading groups can expect the potential of being offered a contract role and also being introduced further capital to manage under MCA wholesale MDA licence (AFSL 484609 – issued by Australian Securities and Investment Commission).
Contact us
If you meet all 5 requirements, please contact us using this link
