X20 Terms & Conditions

Please read these Terms and Conditions carefully before accessing or using the X20 funding program.

Important Notice: The X20 account is a funding program provided through a dedicated trading account. By accepting these Terms, you confirm that you have read, understood, and fully accepted the operating conditions set out below.

1. Description of the Service

1.1 The X20 account allows the client to access a funding program through a dedicated trading account, in accordance with the operating conditions established by the Company.

2. Account Specifications

Financial leverage: 1:40 on Forex and 1:20 on metals;
Maximum permitted drawdown (DD): 10%;
Initial profit split: 50% Client / 50% Broker for the X20 Advance 5% account and 70% Client / 30% Broker.

3. Profit Split Upgrade

Upon reaching the first 10% profit target, the client may choose either to double the account or to request an upgrade to the profit split, as follows:

70% Client / 30% Company or, in the case of the Advance account, 90% Client / 10% Broker;
Once the new profit split has been requested, the 10% security deposit will be calculated based on the new account balance.

Approval of the upgrade is subject to verification of compliance with the operating rules established by the program.

4. Capital Doubling

Once the second 10% profit target has been reached, the account may be doubled or split. In the case of a split, it may only be requested once and will remain permanent thereafter.

Example:

Funded account: $20,000;
New available capital: $40,000.

The approval of the capital doubling remains subject to verification that all operating rules have been complied with.

5. Subscription and Account Management

To keep the account active with available funds, the client must have a valid subscription.

The following options are available:

Monthly subscription;
Annual subscription.

Payment for the subscription must be made within a maximum of five (5) days from the purchase of the funded account. If this deadline expires without payment of the subscription being completed, the Company reserves the right not to proceed with the activation of the funding.

For monthly subscriptions, renewal is due every 30 days from the date of purchase of the funded account.

For annual subscriptions, renewal is due 365 days after the date of purchase of the funded account.

In the event that the subscription is not renewed by the expiration date:

The account will be suspended and it will not be possible to open new positions;
All benefits associated with the program will be temporarily suspended.

The account will be reactivated once payment of the subscription has been completed and all administrative checks required by the Company have been completed.

The Company reserves the right to apply additional operating restrictions should the failure to renew continue for an extended period.

6. Activation Timeframes

Once all necessary steps have been completed, the funding will be processed within a maximum of 48 hours.

7. Refinance Accounts

It is possible to request a to refinance an account of an already funded X20 account, provided that the following conditions are met:

The client must not have already submitted a request for an increased split or account doubling;
A refinance may only be requested if the account is positive or profitable;
If the client is in profit, they must first withdraw the profits so that the account returns to its initial balance. It is not possible to receive a refinance for an account that is at a loss or has a negative balance.

Once the required minimum balance has been reached, the client may proceed with the purchase of an account of a different size, based on the available options.

A new account or the same account for which the refund has already been received will be assigned. This decision may be made at the Company’s sole discretion.

PLEASE NOTE: IT IS THEREFORE POSSIBLE TO REQUEST A REFUND FOR AN ACCOUNT, BUT IT IS NOT POSSIBLE TO ADD FUNDS EXCLUSIVELY FOR MARGIN PURPOSES.

8. Deposits and Withdrawals

8.1 The deposit made for the purchase of the X20 account constitutes payment for access to the funding program.

8.2 Depending on the amount deposited, the deposit used for the funded account remains withdrawable and constitutes refundable capital, subject to a minimum trading activity of 2 lots, regardless of the size of the funded account. Withdrawal of the initial deposit will result in the loss of the funding. However, the funding may be reactivated in the future if desired. The account will remain active.

To withdraw the full amount of the capital, the account must be at least at breakeven in terms of equity. Even if the minimum trading volume requirement has been met, no withdrawal of the capital will be permitted if the funded account is in a negative position. Therefore, the account must be at least at breakeven.

8.3 Withdrawals may be requested daily and will be processed in accordance with the applicable withdrawal procedure, provided that there are no open positions.

9. Weekend Holding

Weekend holding is not permitted. Therefore, it is not possible to leave positions open over the weekend. Any positions that are inadvertently left open will be closed automatically by the system 15 minutes before the market closes, for protection purposes.

10. Risk Warning

Trading in financial markets involves a high level of risk and may result in the total loss of invested capital.

Past performance is not indicative of future results.

11. Limitation of Liability

The Company does not provide financial, legal, or tax advice. Every trading decision is made exclusively by the user, who assumes full responsibility for all associated risks and consequences.

Users acknowledge that the X20 program represents a funding and operational support service and does not constitute, in any way, a promise or guarantee of profit.

12. Intellectual Property

The reproduction, distribution, dissemination, or sharing, whether in whole or in part, of any material provided by the Company is prohibited without prior written authorization.

All content, documents, informational materials, trademarks, logos, and operating procedures remain the exclusive property of the Company.

13. MT5 → MatchTrader (MTR) Connection

For clients using the connection between MetaTrader 5 (MT5) and MatchTrader (MTR), the partial close function is not supported by the synchronization system.

Consequently, a partial close executed on MT5 will not be automatically replicated on MatchTrader (MTR). If the client wishes to partially close a position, they must access MatchTrader directly and manually execute the partial closure on the platform.

New Era Broker, New Era Prop, and FlowConnect cannot be held responsible for any discrepancies, operational anomalies, or consequences arising from the use of features not supported by the MT5 → MatchTrader connection.