FREQUENTLY Asked Questions
Information on all our Trading services
Any further questions, please do not hesitate to contact us CLICK HERE>>
How long do I have to wait once payment is made?
Why do you only trade the mornings, from 09.00 - 12.00pm?
What happens if I am not happy in the Trade Room?
If you are genuinely unhappy about something, then we will address the issue. There is however no reason for you to be unhappy, this is a trade room which give specific technical analysis calls on Futures Contracts. If this is what you are looking for then you will indeed be very happy, if you take the time to integrate. If this is not what you are looking for then DO NOT SIGN UP – You need to decide whether you want to commit with us, it´s not an open ended contract, if you find it is not for you then you can of course discontinue your relationship with us ! We will deal with any client requests courteously and professionally – We expect the same in return – the service we offer is professional and consistent in nature but we can not force the markets to agree with us – We also make mistakes occasionally, we are human. You will have to invest some money and time into this, it is inevitable.
Can I actually Learn to Trade in your trade room?
Some have learned to trade the way we do from simply being members and watching – It takes some time but the strategies we employ are not restricted in any way, it is possible to learn them from watching and absorbing.
Can you guarantee me a certain amount of profits per day, every day?
Is there online help?
Can I cancel or is there a minimum period?
We want Traders in the room who want to be there, there is no “force feeding” here. If you get into the flow of the room, and you have a focussed interest in trading the S&P Futures, then believe me, you will not want to leave.
How long will it take me to understand what is happening?
Any further questions, please do not hesitate to contact us CLICK HERE>>
Will this really teach me to trade for myself? I have wasted money on these courses before.
The full Advanced Course is the course for you IF you want to be able to trade professionally in any market conditions.
So I can do this all within an hour per day?
Can I upgrade to the full Advanced Course from the Mini Course?
It should be mentioned that the full Advanced Course is not like the Mini Course. The full Advanced course is an extensive look into the full repertoire of the Professional Trader, it literally takes months to learn and get through the material, much like a College course does. The Mini Course is designed for those who want to get involved and for it not to be so time consuming – The Mini Course is much easier to get on with than the full Professional Advanced Course, especially if starting out!
Do you offer money back guarantees for the Mini Course?
You must be sure of your purchase before you confirm. If you are truly serious about this then this course is for you, you will be able to succeed by following the detailed instructions inside this course, if however you are looking to simply “peek at it, and see what it has” then please do not purchase. Our products are for Serious Clients only.
How long will it take me to learn the Mini Course?
The Live Trade Room also this gives you full support and backup for any questions whatsoever if you decide to take a membership alongside. It is not imperative to take a Live Trade Room subscription alongside, but those members generally do better than those who do not. There is also a dedicated FORUM for MiniCourse Members.
Do I have to join the Live Trade Room? Or can I just buy the course?
What happens if I need help with the Online course?
Can you guarantee me a certain amount of profits per day, every day?
Is there online help?
Why have you done this? Why give away your Trading Strategies?
Any further questions, please do not hesitate to contact us CLICK HERE>>
Will this really teach me to trade for myself? I have wasted money on these courses before.
Do you offer money back guarantees for the Strategies Course?
You must be sure of your purchase before you confirm. If you are truly serious about becoming a Professional Trader then this course is for you, you will be able to succeed by following the detailed instructions inside this course, if however you are looking to simply “peek at it, and see what it has” then please do not purchase. This is for Serious Clients only.
How long will it take me to learn the Course?
The Live Trade Room also this gives you full support and backup for any questions whatsoever. It is about using the basis of the course in a Live Environment, it depends on your experience and your current knowledge of Price Action. It is really not possible to quantify how long it will take, but it would be a surprise if one did not fully comprehend everything and take their own trades within 3 months,
It needs to be remembered that there is an ongoing learning curve for ALL of us, it never ends. But once you have this Professional set of Strategies and Patterns in your grasp you will be able to expand on your learning with much more ease – It is about “SEEING” it, and once you have absorbed the course, YOU WILL SEE IT.
Many people never get to see what you are going to see, that is a fact of Trading Life – So few genuine courses have been written with Profit in mind, they focus on similar “theories”, but not actually prioritizing in the Live Market.
Do I have to join the Live Trade Room? Or can I just buy the course?
What happens if I need help with the Online course?
Can you guarantee me a certain amount of profits per day, every day?
Can I qualify for the BonTrade Evaluation Qualification after the Advanced-Course?
Do I have a specific time period to finish the course & take Evaluation Exam?
Is there online help?
Why have you done this ? Why give away your Trading Strategies?
Any further questions, please do not hesitate to contact us CLICK HERE>>
Is this a real opportunity?
How do I know the Firm are legit?
Can anyone do this?
Will I be guaranteed to pass the Evaluation and gain a LIVE Account?
There are no guarantees that you will make the grade and pass the Evaluation Period – But don´t worry, if you fail you can always re-sit the Evaluation Period again…
Can I work from home?
Can I re-take the Evaluation Period?
Conditions on Re-Sitting Evaluation:
If you do not meet the Profit Objective BUT you follow all the RULES of the Evaluation then you can roll-over automatically and
re-start another 10 day Evaluation Period. You would roll-over into the new Evaluation whenever you are ready, there is no time limit.
If you have failed one Evaluation and not met the requirements to roll-over, then you can re-sit Evaluation but in this case you would be well advised to undertake more study and take time to assess and prepare for a new Evaluation. There are conditions which will be explained: If an automatic roll-over is not achieved to re-sit the Evaluation Period (because of breaking, not following the Evaluation Rules) then a small fee will be required to re-sit the Evaluation – The small fee is to cover administration costs and to ensure that Evaluation Re-Sits are not being taken randomly and without due care of being fully prepared. The deposit fee is fully refundable if you Qualify the Evaluation, or if you complete the Evaluation keeping to all the RULES.
IF after paying a deposit fee you follow all the RULES yet you fail to meet the Profit Objective, then you can roll-over into a further Evaluation Period without a new fee…. If after paying the deposit fee you break the rules again, then to re-sit another Evaluation you will be required to pay another deposit fee of the same…. and on and on.
As a clear rule, if you break the RULES during an Evaluation then you must pay the small deposit fee to re-sit a subsequent Evaluation, if you adhere to all the RULES during an Evaluation then you can always automatically roll-over into a new Evaluation. We hope this shows the importance of Discipline and following RULES – Traders who do are not penalized, they are given another chance without conditions.
Can I use the Exam to simply prove I am capable without actually trading the funded account?
All advanced members are evaluated at the end of their studies, if they wish to be. This is included in all advanced course training packages.
Can I be Evaluated using Ninja?
What are the Rules?
Do I need to trade 10 consecutive days once I start the monitored Evaluation?
Is there a maximum number of times I can re-sit the Evaluation Period?
You should be advised that there will be a point where you should admit that is an issue and take the time necessary before re-sitting the Evaluation Period – By undertaking extra training and/or practice to get to the required level, or possibly looking at the mental side which could be blocking your progress – Full support will be given in any instance!
Why do I have to pay a fee of 87.00USD (EIGHTY SEVEN DOLLARS) to sit the Evaluation?
The deposit fee is higher to undertake the 100 and 150k account size Evaluations. This should not particularly concern you as you should be 100% confident of being able to follow all rules and hence get the deposit fee refunded, even if you failed the profit objective due to unknown circumstances, following the rules should be a matter of course – You will need to get confirmation of the current deposit fee requirement for larger accounts as and when they are authorized. As mentioned before, to Evaluate utilizing a 100 or 150k account you must receive written permission.
Is it really possible to pass this Evaluation?
Do I have to trade Crude Oil Futures?
When I am in the Evaluation, do I have to account for Trade Commissions?
When I am in the Evaluation, do I have to Trade the maximum position size for my Account?
What is really achievable if I qualify the Evaluation and get a Funded Account?
What is Pre-Evaluation?
Once I qualify for a Funded Account will I be pressured to keep making more money?
Do I need to put up some guarantee capital like I have seen before?
What are the benefits of not Trading my own Account?
1) You do not risk your own money in the market.
2) You are not required to risk your own money in a personal Brokerage account. As recent Brokerage collapses have shown, money is not always safe in a Brokerage Account.
3) You get cheaper commissions because the Firm you are working for is a CME Exchange Member.
4) You can get a lightening fast Professional Platform FREE, one recommended and used by many CME Floor Traders.
5) You have access to a Professional Firm Environment. You will never be left alone, full support is available always!
6) You have a dedicated Risk Manager looking after your interests at all times. If your Internet goes down and you can´t manage an Open Position, your Risk Manager CAN and WILL, they always have your best interests (and the Firms) in mind.
DO you need any more reasons? Just in case, there is one final point, perhaps the most important and valid…
FUNDED TRADERS EXCEL WHERE MOST INDIVIDUAL TRADERS FAIL! WHY DO RETAIL TRADERS FAIL?>>
You will be working for a real Trading Firm, with full support and a fully funded account, the Firm absorbs all your losses and you risk NOTHING.
What are the monthly costs incurred?
Do I have to put up any equity? I´ve seen these deals before and they ask for equity.
You will be 100% fully funded if you pass the 10 Day Evaluation. No catches, fully funded is fully funded.
What happens if I do well, I get funded, then I have a bad week and take a load of losses?
In any event, you would never be liable for any losses incurred.
Can I speed up the payment to the 80% maximum?
How long does it take to learn this?
There are no “minimums or maximums” of time allowed for Training – It is fruitless to pressurize people in this way. You can take everything at your own pace and move forward when you are comfortable and most importantly, when you are ready.
If you wanted an “industry average” for a Firm Trainee Trader to go LIVE – It is said that many firms like a Recruit to be trading small positions LIVE within 8 – 12 weeks of starting their Training Program, we would agree with this as an average base time period, BUT we would never pressurize anyone to meet this objective.
What equipment do I need?
Can I use my own Trading Platform?
What is the Platform that I will have to use for the Evaluation?
I see there is a charting fee per month for T4. Do I have to pay this?
If you do not use the Charting of T4 then you will not be charged for the charting, it is optional.
Can I use NinjaTrader?
Do I need experience?
I am a profitable and very experienced Trader. Can I cut the queue and get an account?
However, with your experience and profitability ready to go you will unlikely see the need for a practice time so you should in theory be able to get underway immediately and have a funded account quicker than most Trainee Recruits who have specific Training to undertake.
I am used to large size, how do I qualify for a larger account?
In any case, 15 contracts/$150,000 is the largest size that is available for Qualified Traders. If this is not large enough then we suggest that you look elsewhere, we can not cater for you at this time. It is very possible to get a larger account size after you have qualified for a Funded Account, this will be based on performance of Trading and would take at least a few months of LIVE Trading before being able to negotiate larger account size. Accounts of 1m+ are available for Traders who prove themselves over time, but the start-up equity limit remains capped at 150k/15 contracts.
Can I have an 11th day added to my Evaluation Period please?
There are no excuses in this Profession. Unfortunately no “11th days” can be given whatever the circumstances. You must complete 10 days within a 30day period and meet the Profit Objectives at the close of trading on the 10th day. Simple rules that we all have to follow – This is of paramount importance where Trading is concerned.
Can I become a funded Trader if I have not taken the Advanced Course?
To be considered you will have to prove certain prerequisites, you will need to show your profitability in a Pre-Evaluation Stage. BonTrade have a special relationship with the Equity Partner and we will only send forward PROVEN TRADERS to the Evaluation Examination Period.
Can I become a funded Trader if I am not a BonTrade member?
At one point we did evaluate non-member Traders, unfortunately it was far too time consuming, we were completely inundated with “profitable trader” applications and it simply took up too much time. Some of the applicants were clearly just killing time and not at all focused and/or determined, there were also others who were trying to evaluate multiple times under different names. We are not set up to deal with that sort of workflow, we do not want to saturate the time we can spend with our actual members so we removed the option for non-members.
We took a decision in February 2013 to only evaluate member Traders for the foreseeable future. To be considered for evaluation you must be a registered, past or present trade room &/or mini/advanced course member to undertake the process through BonTrade. There are no exceptions.
Why exactly do the equity firm offer this Funding?
It could be said that it is also to hedge some risk from their own Trading. Again, it is ALL about the money.
They are in business, they also make some money on your Commissions, although very little based on the cheap rates they offer. The commissions are marked up above cost though, they aren´t into Charity. At the end of the day you get cheaper than normal commissions, and they earn a small markup on every trade, everyone profits from it, including you.