FAQs
Ylos Trading is a proprietary trading firm created to offer the best conditions and opportunities for traders, further democratizing the financial market.
One of its key features is that it is the first proprietary firm in the world to use Black Arrow technology, developed exclusively by Neológica for this initiative.
Drawdown is a risk control and management mechanism used by proprietary firms to protect their capital by identifying the decline or “capital loss” during trading operations.
It is calculated as the difference between the maximum profit point and the following minimum point.
Example: If a trading account has a balance of $10,000, and during an operation, this value drops to $9,000, even if it returns to the initial balance before closing the position, this account will have experienced a 10% drawdown.
Based on the above example, we can summarize drawdown as a simple method for firms to ensure their financial health, comply with U.S. regulations, and shape traders to work within pre-established rules, aiming for a long-term and profitable partnership for all involved.
The drawdown is E.O.D. (end of day), adjusted only at the end of the day, preventing intraday fluctuations from negatively affecting the account. There will be no drawdown adjustment during the day or operation, only at the close of the day.
Example for a $50k account:
Your loss limit is $47.5k, which is $2.5k less than your original balance.
Your profit was $2k in one operation, which brought your balance to $52k.
However, after continuing to trade and experiencing gains and losses, you closed the day with a balance of $51k.
The next day, your loss limit will be $2.5k less than your previous balance, meaning it will be adjusted to $48.5k.
If at any time you hit the $2.5k loss limit, your account will be blocked.
The Challenge Account is an evaluation account, allowing for more flexible trading rules.
The Master Funded Account is the approved account that grants withdrawal rights, and thus has stricter rules.
Trading Days: Minimum of 5 and maximum of 30 days.
Number of Accounts: Unlimited.
Can hold positions during news events.
No daily limit on “average down” strategy.
Note: For better results and proper trader development, we recommend treating the Challenge Account with the same seriousness as a Master Account.
Trading Days: Minimum of 5 and maximum of 30 days.
Number of Accounts: 20.
Cannot hold positions during news events.
The daily limit for the “average down” strategy is 3.
You will receive an email as soon as you reach the necessary profit target to migrate from the Challenge Account to the Master Account, with instructions on how to proceed. This will include the fee required for the migration.
No. The Challenge Account is required for testing purposes and serves as proof that you are qualified to trade.
Yes, your balance will be maintained upon renewal.
After meeting all withdrawal criteria, a service agreement will be signed between the trader and Ylos Trading.
The funds will be transferred by a U.S.-based company, which will also provide an invoice for global tax purposes.
No, Black Arrow operates in various brokers and countries and is equipped to handle a massive volume of users without any performance loss.
Withdrawal rights will be enabled only after the trader reaches the profit target for the contracted account. After the first withdrawal, it can be made every 5 days.
The accumulated balance can be accessed after a minimum of 60 trading days.
Withdrawals will be enabled after a minimum of 5 trading days.
Trailing drawdown – becomes static after reaching a $100 loss limit.
Maximum daily gain of 40%.
The renewal cost will be the same as the amount you initially paid, including the discount.
You can start trading the same day your data is released.
Yes, you can trade via desktop (Windows or Mac), web, and through an app.
Simply use the business entity details during registration and purchase.
No. Payments for accounts registered as a business entity will only be made to business bank accounts, and the same applies to personal registrations and accounts.
Yes, it is unlimited in the Challenge Account and limited to 3 in the Master Account.
In Challenge Accounts, the trader can hold positions at any time.
In Master Accounts, the trader cannot hold positions before the data is released. Violation of this rule will result in no withdrawal rights for profits from such trades.
Yes, Ylos Trading complies with all local and U.S. regulations.
Only Black Arrow.
No, this is a native feature of Black Arrow.
No. Registration is only allowed for account holders.
The platform will always be free, including market data, as long as your Ylos Trading account is active.
No, this is not feasible as they are different companies.
Not currently. Only Black Arrow can be used for trading with Ylos Trading.
All assets listed on the CME.
No, you will need to purchase an account for each user/PC.
As a U.S.-based company, only credit and debit payments are accepted.
No, only debit or credit.
Before we begin, it is always important to remember that trial accounts do not have a consistency rule. However, this does not mean that the trader should operate them without obeying any rule. This, to say the least, is not ideal.
The trial is to test the trader’s ability to be profitable and consistent, and to see how he can handle a simple trial under real market conditions.
With this in mind and the goal of a profitable partnership, the inclusion of the trailing drawdown is justified, so that from the beginning he knows how to balance his intention of migrating to the Master account in the shortest possible time with the appropriate risk management so that this happens in the best way possible.
The 40% rule stipulates that, when traders request a withdrawal, no more than 40% of the profit balance in their account must come from a single trading day, counting from the first day operating in the Master Account.
What is the purpose of the 40% rule?
It is designed to ensure that traders maintain a diversified profit stream by limiting the amount of total profit that can come from any one trading day to 40%.
This rule is applied by Ylos in all reviews after withdrawal requests to promote consistent performance and proper risk management.
The 40% rule does not apply after 60 days of trading on your master account. Therefore, to avoid frustration, simply continue trading consistently throughout the period until the profit balance does not exceed 40% of the total profit.
And to ensure that you are respecting the rule, we have separated two simple formulas for you to use in your operations from now on:
OPTION 1
PROFIT FROM YOUR BEST DAY / 0.40 = MINIMUM PROFIT to respect the 40% rule
For example, if you made $900 on your best day, then you need at least $2,250 in profit to comply with the 40% rule.
If you are starting with a new account balance and want to ensure that you do not exceed the 40% rule for payment, you can use the calculation above. OPTION 2
MINIMUM PAYOUT X 0.40 = MAXIMUM DAILY PROFIT to comply with the 40% rule
For example, with a $50k account where you need to make $2600 the first time to request a payout, you should ensure that your maximum daily profit does not exceed $1040.
Many people think that this rule prevents them from making money, but if you are already making an amount above 40%, it means that your risk management is wrong compared to the size of your account, and you should address this as soon as possible.
Secondly, if you are a trained trader who consistently makes a specific profit per day, or limits yourself to not exceeding it frequently, you will certainly have no problem continuing to trade within these rules.
Ylos has two different fees: one for acquiring the Challenge Account (test account) and another for enabling the Master Account. These costs follow the table below:
Values in USD
However, with discount coupons, the cost of acquiring the Challenge Accounts can be significantly reduced, as shown below with an example of an 80% discount coupon:
Values in USD
Challenge Accounts: No commissions are charged.
Master Accounts with profits up to $15,000.00: 0% commission to Ylos, and the trader retains 100% of the profit.
Master Accounts with profits exceeding $15,000.00: 10% commission to Ylos, and the trader keeps 90% of the profit.
The fees are:
Micro contracts: $0.52 per contract per trade
Mini contracts: $1.55 per contract per trade
Each trade involves both an entry and exit, meaning the fees will apply twice for every transaction. See the examples below:
Mini Contract Example:
Buying 1 mini contract and exiting by selling it 3 points above the entry price means two trades (1 buy + 1 sell).
With a fee of $1.55 per mini contract, the total cost is $3.10 ($1.55 × 2).
Micro Contract Example:
For the same scenario with micro contracts, the total fee is $1.04 ($0.52 × 2).
All account purchase issues with Ylos should be reported to our support team via support@ylostrading.com. If an error code appears, please note it or send us a screenshot for better assistance.
Some errors may be unrelated to Ylos, such as credit card limit issues. Therefore, it’s essential to carefully check the error message and ensure all information is correctly entered. If the issue is not due to Ylos, our support team will guide you to contact the appropriate party.
The process of acquiring a Ylos account is straightforward. Once you select your desired account, you only need to enter your personal details and credit card information.
Nelogica is a technology company in the financial sector, offering platforms for investors and traders to analyze and execute trades. It is not a brokerage firm but a partner that provides tools like Black Arrow, included in the services Ylos delivers upon acquiring an account.
In essence, Nelogica partners with Ylos by providing the platform used by our clients to trade in the U.S. markets.
Month Code
January F
February G
March H
April J
May K
June M
July N
August Q
September U
October V
November X
December Z
For mini and micro contracts, an additional letter indicates the type:
M identifies a Nasdaq micro contract.
T identifies an S&P 500 micro contract.
Examples:
NQZ4 – Nasdaq Mini | NMZ4 – Nasdaq Micro
ESZ4 – S&P 500 Mini | ETZ4 – S&P 500 Micro
Note: Ylos only offers futures trading.
The Challenge (test) account only simulates real market conditions, meaning no real money is involved, and therefore, no withdrawals are allowed.
Eligible balances will remain available for withdrawal for up to 30 days after the withdrawal is approved, with no exceptions.
Payouts – Withdrawals – Profit Sharing – Percentages
Request Dates – Traders are entitled to up to 2 (two) monthly withdrawals that must be requested between the 1st and 5th and/or between the 15th and 20th of each month.
Payment Criteria – Payment will only be released if the trader has respected the 40% consistency rule, meaning no single day out of all the profitable ones should account for more than 40% of the total profit.
Profit Sharing with Ylos – Traders are entitled to 100% of the first US$ 15,000 for each of the 20 Master Accounts they may have, and the following payments will be split, with 90% of the profit for the trader and 10% for Ylos.
Payment Schedule
Traders can request and receive payments twice a month as follows:
Payments requested between the 1st and 5th — Approval happens between the 1st and 14th of each month — Paid on the 15th of each month;
Payments requested between the 15th and 20th — Approval happens between the 15th and 29th — Paid on the 30th (or the last day of the month).
Is it possible to continue trading after requesting a payment?
No – The account will be temporarily blocked until all analyses are properly conducted and the payment is approved or rejected. This measure is important to preserve your Master Funded Account and protect your profit.
WARNING: Once a payment request is submitted, it cannot be altered, edited, or canceled. Do not open support tickets requesting changes, edits, or cancellations, as they will not be able to process them.
For example, if you submit a request but your account balance falls below the minimum required for a withdrawal, it will simply be denied, and there’s no reason to request a cancellation or edit.
Example: A US$ 50k account has a profit target of US$ 3,000 and a drawdown of US$ 2,500:
You can request a withdrawal starting at US$ 2,600, but if you trade and your account falls below the minimum required for withdrawal, it will not be processed.
Once a Master Account withdrawal request is approved or denied, the account will not be available for new withdrawal requests until the next payment request period and after at least 5 more trading days. This happens because the limit is 2 withdrawals per month.
For your first payment, you must have a total of ten (10) consecutive or separate trading days in accordance with the Master Account guidelines.
After the first payment, each new payment request will require at least 5 (five) consecutive or separate trading days between payment requests. Consistency rules will apply for all payments.
Ylos’s system only considers an operated day as eligible starting from 00h00.
If “today” is your 5th trading day, you cannot submit a withdrawal request until the closure and update of that 5th day (after 00h00 Brasília time).
But with two payment periods per month and a 5-day window in each period, this should cover all scenarios.
Important: This system is automated, and no exceptions can be made. If the request period is missed, the trader must wait until the next payment request period.
Payment approval requires compliance with the Master Account Agreement and the Consistency Rules required by Ylos as per the website’s FAQ section at https://ylostrading.com.
A trading day is considered valid from 19h to 17h50min of the following day. So, for example, even if you trade on Sunday night at 18h and again on Monday morning, it will count as just one day, which is Monday.
If you trade on Monday morning and again on Monday night, then it will count as two trading days.
Most holidays where the market closes early are not considered separate trading days; they are transferred to the next trading day for settlement purposes with the exchanges, so keep this in mind for early closing trading days as well.
You can check your accumulated trading days in your Dashboard.
Minimum and Maximum Payment for 2 Months
For the 1st to the 2nd month of payment, the minimum withdrawal amount is US$ 500, and the maximum is US$ 2,000.
EACH MONTH IN WHICH YOU MAKE 1 OR 2 WITHDRAWALS IS COUNTED AS A “WITHDRAWAL MONTH.”
This is because the withdrawal month is divided into a maximum of two payments, and the maximum limits remain in effect until the completion of the TWO Limited Withdrawal Months.
From then on, there will be no maximum withdrawal limit in the 3rd “Withdrawal Month.”
There is no maximum payment from the third month onwards, as long as the minimum balance remains in the account after the payment.
Payments and Taxes:
You will be paid through an invoice, an individual Autonomous Payment Receipt, and no accounting or tax reports will be sent.
For any tax advice or questions, please consult your accountant.
Ylos cannot provide tax advice or answer questions about taxes, citizenship, work visas, or any other tax matters. The YLOS Help Desk also has no information on taxes and filings related to the profits earned during your partnership with Ylos.
Minimum Balance REQUIRED for Withdrawal
To request a withdrawal, your account must have the minimum required balance to approve a payment, and you must have exceeded the Trailing Drawdown level and be far from this limit.
In a Master Account, the Trailing Drawdown ends at the initial balance plus US$ 100, and at least 5 trading days will be required between each withdrawal request, which can be divided into up to 2 withdrawals per month.
Below are the maximum payment amounts for the first two months, which aim to encourage you to grow your account.
Minimum Balance to Request Withdrawal in Each of the 2 Monthly Periods:
US$ 25k account – US$ 26,600;
US$ 50k account – US$ 52,600;
US$ 100k account – US$ 103,100;
US$ 150k account – US$ 155,100;
US$ 250k account – US$ 256,600;
US$ 300k account – US$ 307,600.
Important: Never forget the minimum required profit and the maximum withdrawal limit! Example: In a US$ 50k account, if your balance reaches US$ 52,000, you CANNOT request a payment. This is because your balance must be at least US$ 52,600 to request a withdrawal.
If you have a US$ 50k account and your balance reaches the minimum required balance of US$ 52,600 to request a withdrawal, you can request a maximum payment of up to US$ 2,000 twice a month, leaving your remaining balance at US$ 50,600. Just keep in mind that your balance cannot fall below US$ 50,100 in this example without “blowing” your account.
So, you CAN withdraw this amount, but you would be left with only US$ 500 in your account, which is very uncomfortable for trading.
Most firms only allow withdrawals above the minimum amount, but YLOS doesn’t, as you are responsible for what you do. However, your balance must always meet the minimum required to request a payment.
If your balance falls below the minimum payment balance, the payment will not be processed until it becomes eligible in the next month when you will need to request it again.
In a US$ 50k account, for example, the account balance must be at least US$ 52,600 to be eligible for a withdrawal request, regardless of whether it is the first payment or any payments already in progress.
Withdrawal Definitions
MINIMUM: The minimum withdrawal for accounts of any size is US$ 500, and at least five trading days must have passed since the last payment request and when the target was reached, considering the minimum required balance to request a withdrawal. Requests are accepted only on certain days of each month as described above.
MAXIMUM: There is a maximum withdrawal limit for the accounts ONLY during the first 2 months of withdrawals. You can withdraw this maximum amount up to twice a month as per the schedule above, provided you have 5 trading days between requests and meet the minimum balance requirement. So, for the US$ 50k account above, you can withdraw US$ 2,000 twice a month as the maximum balance.
Starting from the 3rd month (after two previous months of withdrawals), there is no maximum; you can withdraw as much as you want as long as the account stays above the required minimum balance (initial balance plus US$ 100) and there are a minimum of five business days between requests.
Each account is considered a separate and independent account. So, if you have 10 accounts, you can withdraw the maximum from EACH account in EACH payment period.
For example, if you have 10 accounts, all with US$ 50,000, you can withdraw US$ 2,000 from each, for a total payment of US$ 20,000, and you can do this twice a month for a total payment of US$ 40,000 per month!
You can do this during the first 2 months. Furthermore, after the 3rd month, there is no maximum payout for each account.
Maximum Payment Per Account in the First 2 Months:
US$ 25k account – US$ 1,500;
US$ 50k account – US$ 2,000;
US$ 100k account – US$ 2,500;
US$ 150k account – US$ 2,750;
US$ 250k account – US$ 3,000;
US$ 300k account – US$ 3,500.
If the above content was not sufficient to clarify your doubts, send an email to support@ylostrading.com or contact us via chat on ylostrading.com.
For performance and trading perspective (challenge profit target, payouts etc) account balance is defined as the net profit value that your account achieves. In this sense, account balance is considered as the amount resulted from profit (PnL) discounted by the sum of commissions (based on CME fees):
E-mini S&P 500 – $ 1,55 per contract
E-mini Nasdaq – $1,55 per contract
Micro E-mini S&P 500 – $ 0,52 per contract
Micro E-mini Nasdaq – $ 0,52 per contract
For additional instrument information please contact support@ylostrading.com.
Example: I traded 5 points long in Nasdaq with one e-mini contract. Is my profit $100?
Answer: No. Please refer below to the calculation:
$100 – 1,55*2 = $96,90