Traders guidelines

Traders Guidelines

Traders are not liable for any losses incurred during their trading activity.

Traders are compensated on a profit split basis only. Traders keep 50% of their profits if and only if a profit target of 5% is reached.

Traders will manage a $50,000 trading book on Diamond Package and $25,000 on Silver Package.

Traders may only trade on major and minor pairs. Any of the following currencies may be traded as pairs: CHF, USD, GBP, EUR, JPY, CAD, AUD, NZD. XAUUSD is also available.

Trading Hours are as follows: 6:00am – 9:00pm (Monday – Friday) London time.

Overnight positions are only authorised to subscribers on a Diamond Package, or when the first growth target (10%) is reached on the Silver Package.

Hedging is not allowed.
Traders on Diamond Package have growth options to progress to larger capital books.

The Total Drawdown limit is 10% no Daily limit, if your account is in defict by 10%, our Risk Management Team review it and will be triggered.
If the trader not engaged in unauthorized trading and feel that he need change the strategy, then we will consider refinancing the Account, so we give the Trader new Chance fresh start

Our Growth Fundamentals

The GoldStarlive team never stops trying to find the value in people, particularly when it comes to prop traders. Spotting talented traders is our mission. We have setup a capital growth path for our traders featuring 4 Stages:

Stage 1: All traders start with a $50K trading book, regardless of their background, experience or track record. We give all our traders an equal opportunity to prove themselves as a profitable trader. Profit withdrawals of 5% blocks are independent from the growth targets of 10%.

Stage 2: If you can make a 10% return on your $50K trading book – growing your account to $55k – we will double your initial funding to $100k, or $105k net. The 10% amount of $5k must be maintained in the account and may not be withdrawn. This is independent of any 5% profit withdrawals. Traders have to separately maintain the 10% for the growth target.

Stage 3: If you can make another 10% return on your $100K trading book – growing your account to $115k net – then we will double your account value once again, up to $200k, or $215k net. Again, the $15k amount must be kept in the account. Further, our in-house trading team will also help you to finalise your trading strategies or advise on your trading style if you require.

Stage 4: For the final stage, you must make 10% once again on your $200K trading book, giving you a net of $235k. If you can succeed here we will allocate $1Million to you and you will become one of our fund managers. You no longer pay a subscription and can negotiate your own deal.

You can withdraw 5% profit withdrawals at anytime. However, if you withdraw any part of the growth amounts retained along the way your account will be rolled back to the lower levels. Therefore, you may withdraw your share of the retained profit at any point of this path, however you will not be able to grow further without reaching the net figures for each stage.

Our Refinance Opinion

To help our traders enter the growth process at stage 2 or to achieve a withdrawal payment, we realise that a psychological boost makes a great difference at Stage 1.

All Traders with negative balances now receive refinance back to the initial balance of $25,000 or $50,000 by paying $99 upon any further subscription. This is subject to approval by the risk team and is only available to those without unauthorised trades on record.

This is only available for Stage 1 accounts.

Payment Methods

GoldStarlive pay profits on the 25th day of a month for withdrawals requested at any time Trader hit 5% Profit.

Payments will be made by bank transfer, Local Payment like Mobile Wallet via Sopay, EVC, Sahal, Zaad or any other Local Payment in your Country or other methods according to instructions from the trader.

Currency pair

Typical position per account balance

Typical dollars per pip

$25,000

$50,000

$25,000

$50,000

EURUSD

0.46

1.00

4.6

9.8

EURGBP

0.46

0.97

5.68

11.36

EURJPY

0.46

0.98

4.27

8.54

EURCAD

0.46

0.97

3.27

6.54

EURCHF

0.46

0.99

4.71

9.42

USDJPY

0.50

1.05

4.27

9.54

USDCAD

0.50

1.07

3.27

6.80

USDCHF

0.50

1.07

4.71

9.42

CHFJPY

0.49

1.00

4.27

8.54

CADCHF

0.70

1.50

4.27

8.54

CADJPY

0.70

1.47

4.27

8.54

GBPUSD

0.41

1.00

4.6

9.2

GBPJPY

0.41

1.00

4.27

8.54

GBPCAD

0.41

1.00

3.27

6.54

GBPCHF

0.41

1.00

4.71

9.42

XAUUSD

0.12

0.24

1.2

2.4

EURAUD

0.46

1.02

2.93

5.86

EURNZD

0.46

1.02

2.76

5.52

GBPAUD

0.41

1.00

2.93

5.86

GBPNZD

0.41

1.00

2.76

5.52

AUDUSD

0.78

1.60

4.6

9.2

AUDNZD

0.79

1.62

2.76

5.52

AUDCAD

0.79

1.67

3.27

6.54

AUDCHF

0.79

1.66

4.71

9.42

AUDJPY

0.79

1.66

4.27

8.54

NZDUSD

0.83

1.66

4.6

9.2

NZDJPY

0.83

1.66

4.27

8.54

NZDCHF

0.83

1.66

4.27

8.54

NZDCAD

0.83

1.66

4.17

8.34