What is Available in the Utilities Section?
The Utilities section within the Oxiprop dashboard serves as a centralized repository, offering traders a comprehensive toolkit to effectively embark on their trading voyage. This section provides access to a diverse array of indispensable resources.
MT4 and MT5 Platforms:
Traders can seamlessly download the MT4 and MT5 trading platforms directly from the Utilities section. These platforms equip traders with robust tools for executing trades efficiently.
Supply and Demand Indicators:
Accessible supply and demand indicators assist traders in astutely analyzing market dynamics, thereby aiding them in making well-informed and strategic trading decisions.
Trading Journal:
A fundamental aspect of successful trading is meticulous record-keeping. The Trading Journal, easily accessible within this section, enables traders to maintain a detailed log of their trades. This log not only facilitates performance analysis but also supports continuous improvement in trading strategies.
E-books:
In the realm of trading, knowledge is paramount. Within the Utilities section, traders have the opportunity to enrich their understanding of trading through a curated collection of insightful e-books. Covering a spectrum of trading strategies and market insights, these educational materials empower traders to enhance their skills and make informed decisions.
With this rich repository of resources available in the Utilities section, traders are exceptionally well-equipped to initiate and elevate their trading journey, ultimately excelling in their trading endeavors.
Explaining Active, Inactive, and Breached accounts within the Oxiprop Dashboard
In the Oxiprop dashboard, accounts are classified into three distinct segments to assist traders in effectively monitoring their account statuses.
Active: Accounts listed under the 'Active' segment are currently involved in trading activities. This is where traders can readily access accounts actively participating in ongoing trading operations.
Inactive: Within the 'Inactive' segment, traders will find accounts that have met specific conditions. This includes accounts where the Profit Target has been successfully achieved or the month has concluded with partial profit.
Moreover, any Oxiprop account that has successfully completed a trading cycle will temporarily be placed in this section before undergoing a comprehensive review. After the review process and subsequent approval, the account is reinstated to the 'Active' segment, starting a new trading cycle.
For Express Challenge accounts, after completing a trading cycle, the account is moved to the 'Inactive' segment. Following the review, it is reinstated in the 'Active' segment, commencing a fresh trading cycle.
Breached: Accounts categorized under the 'Breached' segment are those terminated due to the violation of any rules associated with the account. This segment contains accounts no longer operational due to breaches of established rules.
However, if anyone resets the challenge account, it becomes active again and is reinstated in the 'Active' segment, initiating a new trading cycle.
These categorizations have been implemented to help traders maintain a clear and structured overview of their accounts' statuses and progression within the Oxiprop dashboard.
When does the daily loss limit reset within the Oxiprop platform?
Traders are required to follow the daily loss limit and overall loss limit regulations when participating in trading activities with Oxiprop.
The daily loss limit resets at midnight, based on the server's time. It's important to note that the server time adjustments are contingent on whether daylight saving time is in effect or not.
During daylight saving time, typically observed in the summer months, the server time is configured to Greenwich Mean Time (GMT) +2. This implies that the daily loss limit resets at midnight GMT+2.
Throughout the rest of the year, when daylight saving time is not in effect, the server time is adjusted to GMT +3. In such instances, the daily loss limit resets at midnight GMT+3.
Traders can conveniently keep track of the countdown timer for the daily loss limit reset on their dashboard, ensuring they remain well-informed and compliant with the established trading regulations at Oxiprop.
Understanding Today's Permitted Loss Limit and Maximum Permitted Loss Limit
Traders are required to adhere to both the Today's Permitted Loss Limit and the Maximum Permitted Loss Limit as outlined on the Oxiprop dashboard.
Today's Permitted Loss:
Today's Permitted Loss Limit provides traders with a dynamic view of their allowable losses for a specific day, subject to continuous updates based on the profit or loss incurred during that trading day.
For instance, if a trader possesses a $100,000 Shadowland Stage 2 account, the maximum daily loss limit is set at $5,000. Accordingly, following the server reset time, the Today's Permitted Loss Limit will be displayed as $5,000. If a trader opens a trade and subsequently closes it with a profit of $500, the Today's Permitted Loss Limit visible on the dashboard will reflect $5,500 ($5,000 + $500). Conversely, if the trade concludes with a loss of $500, the Today's Permitted Loss Limit will be presented as $4,500 ($5,000 - $500).
It is crucial to note that the Today's Permitted Loss Limit undergoes a daily reset, occurring precisely at midnight, synchronized with the server time. However, it is imperative to adhere to both the daily loss limit and overall loss limit, ensuring that the Today's Permitted Loss Limit does not surpass the Maximum Permitted Loss Limit at any given time.
For example, in the case of a $100,000 Shadowland Stage 2 account with an overall maximum loss limit of 10%, not exceeding $10,000, this implies that the account balance must not drop below $90,000. Consequently, if, after several days of trading, the account balance stands at $93,000, the Today's Permitted Loss Limit and Maximum Permitted Loss Limit will both reflect a figure of $3,000.
Maximum Permitted Loss:
The Maximum Permitted Loss Limit reveals the permissible losses within the entirety of a trading cycle, continually adapting based on the trader's accumulated profit or loss throughout the course of the trading cycle.
For instance, if a trader possesses a $100,000 Shadowland Stage 2 account with an overall maximum loss limit set at 10%, not exceeding $10,000, this signifies that the account balance must always maintain a minimum of $90,000. If a trader initiates a trade and subsequently closes it with a profit of $500, the Maximum Permitted Loss Limit displayed on the dashboard will reflect $10,500 ($10,000 + $500). Conversely, if the trade concludes with a loss of $500, the Maximum Permitted Loss Limit will be presented as $9,500 ($10,000 - $500). It is pivotal to emphasize that the Maximum Permitted Loss Limit remains constant throughout the duration of the trading cycle and does not undergo any reset.
Navigating to Your Trading Overview on the Dashboard
The Trading Overview stands out as a specialized feature seamlessly integrated into the Oxiprop dashboard, meticulously crafted to provide traders with a succinct yet comprehensive summary of their trading activities and performance.
To delve into and scrutinize your trading endeavors within the Oxiprop dashboard, follow these straightforward steps:
1. Begin by navigating to the 'Accounts' section within your Oxiprop dashboard. Next, choose the specific trading account that you wish to analyze.
2. Once inside the dedicated account dashboard, meticulously identify and click on the 'Trading Overview' option.
Within the 'Trading Overview' section, you will encounter two distinct segments:
Detail Stats:
This section presents a compilation of critical metrics and data points, meticulously laid out to empower traders to:
- Assess the current status of the trading account.
- Conduct an incisive evaluation of the effectiveness of their chosen trading strategy.
Analytics:
This segment offers an array of valuable insights, including:
- The 'Trade Growth View,' a dynamic tool providing comprehensive insights into the evolution of your trading activities.
- Graphical representations illustrating Symbol Performance.
- Essential metrics such as Profit and Loss breakdown by Weekday, Hours, and Order Type, alongside Win and Loss Ratios.
These two distinctive options are prominently positioned at the top of the page, ensuring easy access to vital trading data and analytical tools, ultimately enhancing your ability to improve trading performance.
Accessing version 5 Trading Terminal through the Oxiprop Dashboard
To access your trading account on the new Version 5 trading terminal, follow these simple steps:
Step 1: Log in to your Oxiprop Client Dashboard.
Step 2: After successfully logging in, proceed to the Trading Platform section.
Step 3: Within the Trading Platform section, enter your account credentials. Once done, you will be granted immediate access to your trading account.
Initiating Profit Withdrawal: A Step-by-Step Guide
With Oxiprop, withdrawing your profits is a straightforward and efficient process. After meeting all the criteria of your trading cycle and achieving profitability, you can easily initiate a withdrawal.
Here's what you need to do:
1. Navigate to the specific account dashboard from the Accounts section.
2. Within the dashboard, find and access the "Payout" section.
3. Click on the "Payout Request" button, as illustrated in the visual reference provided below.
What are the available withdrawal methods?
Oxiprop provides a variety of convenient withdrawal methods to ensure flexibility when accessing your profits. The available methods include Perfect Money, USDT (ERC20, TRC20), USDC (ERC20, TRC20), Bank Transfer, and Wise.
Select the method that aligns with your preferences and requirements. Our goal is to offer a wide range of options to ensure a smooth withdrawal process.
How much time would it take to process the withdrawal?
Once you submit your withdrawal request, our dedicated team will promptly process and disburse your profits with the utmost efficiency. Following our commitment to customer satisfaction, your payout will be disbursed within 24 hours.
Please be aware that the trader is responsible for covering all transfer gateway charges.