FAQ

Read through to learn about our company, programs and tech. Feel free to speak to our friendly support below.

General
Quickstart
Evolution
Trader Hub
Rules

What is Stocknet Institute?

We are a proprietary trading firm based in the UK who fund talented traders, globally. A key part of our objective is to make prop trading accessible to all traders, irrespective of their demographic, trading system or economic background. We believe that all skilled traders should be given the best platform, tech and opportunity to succeed and advance their trading careers. For this reason, we have devised a two programs which enable traders to access instant funding with no challenges, no verifications and no confusing rules. Funding takes the form of instantly funded demo accounts on either MT4 or MT5 platform supplied by Blueberry Markets, with subsequent rewards based on a proportion of the profit generated on the account, known as profit split.

How serious is Stocknet Institute?

We are certainly serious. We have been operating in the industry since 2021 across a range of disciplines including training and proprietary funding. We have issued millions in funding to traders from every continent in the world. Thus, we always let those with first hand experience of our services do the talking in regards to questions of authenticity. You can browse through our reviews on Trustpilot to see why we are rated an Excellent 5-star rated company.

What is the company’s mission?

Our mission is very trader-oriented. You are our primary focus. We curate ways in which we can provide the best technology and newest opportunities for global traders who are undercapitalised. We aim to be the first place traders look when wishing to advance their trading careers. This includes offering traders the most seamless, beneficial and accessible funding experience whilst creating a solid trader-prop firm relationship based on loyalty and trust. Our goal is never to sacrifice the quality of our service for the sake of market share, we would rather be the best than the biggest. These objectives are instilled in all departments of the company and apparent in the exceptional support we aim to offer at all times.

Where is the company based?

We are perfectly situated in the United Kingdom. Our headquarters are held in the metropolitan city of Newcastle upon Tyne. You can find our HQ at the address: Stocknet FX Limited, Ground Floor, J33 The Avenues, Tyne and Wear, NE10NJ, UK. Please feel free to write to us or arrange a visit where necessary.

Who is behind the company?

The company was founded by Nicholas Hall and Aaron Robert Wright. Our founders are responsible for the direction, strategy and management of the company. The company is then organised through specialist departments which ensure the most optimal and efficient trader experience. On the front end we have our Payouts, Accounts and Support teams. We also have back end teams responsible for our technology and business operations.

Do you comply with regulations?

Our compliance team monitors evolving regulatory requirements under FSMA and the Regulated Activities Order. Because Stocknet Institute utilises demo accounts it does not engage in regulated activities such as would require it to obtain the authorisation of the FCA. If you have any questions regarding compliance, please email direct questions to support@stocknetinstitute.com.

How does the funding work?

We operate two instant funding programs. These programs allow traders to access a funded demo account without the need to complete any tedious evaluations, challenges or verifications. Evolution is a program centred on long term, sustainable growth whereby every trader can grow the account to $1.28 million with our aggressive scaling plan. Alternatively, Quickstart is a program suited to those with a profitable trading system who require larger capital instantly. Once you have selected your preferred program and checked out, you will receive access to our cutting-edge Trader Hub technology wherein you can analyse your trading against the most important metrics and manage your account in real time.

How do I get started with an account?

It is simple to start, there are no requirements. You can view our Evolution program here and our Quickstart program here. On these pages, you will be able to select the account size suited for you, follow the steps and check out securely.

What payment methods can I use?

We accept payment via bank transfer or cryptocurrency. When selecting bank transfer, simply check out as normal and you will receive an order confirmation which includes our bank details to complete payment. We hold bank accounts in the UK, USA, Europe, Australia and Singapore allowing faster local transfers. If your country is not listed here, feel free to send to the account which suits you best. We accept ten cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, USD Coin, Dai, Shiba Inu, ApeCoin and USDT. Cryptocurrency payments can be made from any exchange or wallet and are facilitated by Coinbase Commerce.

How do I complete KYC verification?

Our compliance processes, such as AML (anti-money laundering policy) are handled by Deel. This ensures all KYC laws are localised to the respective residence of each trader. After completing payment, your funded account will be in read-only mode until verification is complete. To complete verification, simply follow the link in the email you receive from Deel and follow the simple verification steps. Once this has been complete, our team will verify these details and activate your funded account so you can start trading. If you can’t see an email from Deel, please make sure to check your spam and promotional email folders. This verification procedure only happens once, if you are a trader who has already completed this step, it will not be required again and your new funded accounts will be instantly tradeable.

Who is accepted on your programs?

We can accept traders globally. However, we are unable to issue payouts to people in residence in: Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen and Zimbabwe.

Do you issue live trading accounts?

The accounts we issue are demo accounts and hold virtual funds. They have identical trading conditions as live accounts and can be affected by liquidity, slippage and news. We are committed to upholding FSMA regulations and therefore explicitly do not issue live trading accounts.

Which trading platforms can I use?

You can select either MT4 or MT5 when opening a funded account. You have the option to select your preferred account platform in the drop down box underneath each account size on our program pages. Both servers have access to different levels of liquidity; if you are primarily an indices trader, we recommend to opt for MT4 to limit re-quotation.

What can I trade on the funded accounts?

You can trade over 60 FX pairs, indices, metals, commodities and cryptos. The funded accounts are ECN with super raw spreads starting from 0.0 pips and supplied by Blueberry Markets. There is a commission on FX instruments of $6 per standard lot, with all other instruments being commission free.

Which broker do you partner with?

Our funded accounts are supplied by Blueberry Markets. Blueberry Markets are an extremely reputable broker with access to several liquidity pools, low commissions and super raw spreads from 0.0 pips.

Where are your servers based?

Blueberry Markets servers are based in several locations to limit ping and latency. The MT4 servers are based in London and Sydney, whilst the MT5 server is based in Tokyo. The further the distance between you and the server, the greater the latency you may experience. If you are a great distance from the respective server, you may consider using a VPS.

How does Evolution work?

Evolution is our staple instant funding program, where traders can scale their account to an astounding $1.28m. There are no evaluations or challenges needed and all account sizes have the capability to reach the max scaling level, unlike elsewhere. You can choose between seven different starting balances and each time you generate 10% growth we will double your account size. You can trade freely under the least restrictive rules in the market and enjoy weekly payouts every Friday, irrespective if you have scaled or not. If you would like to get started on an Evolution account, you can click here.

What are the drawdown rules?

The Evolution drawdown rules are made to be simple and enable growth. There is only one Evolution drawdown rule: a static max drawdown limit of 8% which is based on the starting balance of the account. This rule is based on floating account equity. Each traders’ drawdown limit can be found in their Trading Objections in the Analytics area of the Trader Hub.

For example, if you have a $10,000 account, the max drawdown limit is $9,200 ($800 max loss). If you have made profit, the drawdown limit still remains the same, allowing you to build a drawdown buffer. If you successfully scale your account, your max drawdown limit will change. For example, when scaling from $10,000 to $20,000 your max drawdown limit will increase from $9,200 to $18,400.

What happens if the max drawdown is breached?

If an account breaches the max drawdown limit of 8%, the trader will be disqualified and the funded account lost. The trader will receive a nudge in the Notifications area of their Trader Hub as well as notification via email. When the max drawdown limit is breached, refund eligibility is forfeited. Traders who have breached the max drawdown limit will receive a 10% code for another account of their choice.

How does account scaling work?

Each time a trader makes 10% profit, they will be eligible to scale their account at a rate of 2x all the way to our max scaling level of $1.28 million. Traders can see their scaling target inside their Trading Objectives in the Analytics area of the Trader Hub. When the scaling target is reached, traders will be automatically given the option to scale their account inside of the Trader Hub, along with receiving a payout or retaining their profits as a drawdown buffer for the next phase. The scaling plan and respective profit splits can be seen on the Evolution page by clicking here.

How long does the scaling process take?

Once you have requested to scale your account, you will receive your scaled account once the request has been approved by the Si team during office hours.

What is the profit split?

The profit split for Evolution is dependent on the account size. The starting profit split is 50%, rising to 75% through scaling. You can view the profit splits and scaling plan on the Evolution page by clicking here.

How often can I get paid?

We operate a standard weekly payout schedule. Payouts can be requested from the Analytics area of the Trader Hub every Friday. There is no minimum payout threshold or time requirements for requesting a payout. Traders can also request a payout when they scale their account, on any day of the week. This means it is possible to have multiple payouts per week on your Evolution account.

How do I request a payout?

Each Friday (00.00-23:59 CET), you will be able to request a payout using the ‘Request’ button in the Analytics area of the Trader Hub. You can also request a payout each time you scale your account, to do this just select your preferred payout on the scaling pop-up and click ‘Scale Now’. Please ensure you have set your automated payout method before requesting a payout, or your request will be rejected.

Do I need to withdraw my profits?

No, you can withdraw profits whenever you wish. We only take our profit split when you do. If you wish to keep profits in to help growth or to build a drawdown buffer, that is absolutely fine.

Can I withdraw profits and scale at the same time?

Yes. If you have achieved the 10% scaling requirement, you will be given the option to scale whilst selecting a full, partial or no payout. We always leave that decision to the trader. If you choose to retain some or all of the profit in the account and not receive a payout, the profit will automatically be transferred to your new account to build a drawdown buffer.

Will withdrawing affect the scaling process?

No, withdrawing does not affect the scaling process. For example, if you had made 5% and chosen to withdraw your profit, you would still only need to achieve another 5% to scale your account.

How does Quickstart work?

Quickstart is an instant funding program, where traders can access a large funded trading account with no requirements and start trading instantly. Traders are given a set account size which they own indefinitely unless an account breach is detected. Quickstart is perfect for undercapitalised, profitable traders who wish to benefit from significant funding instantly, without needing to scale an account. There are three Quickstart account sizes to choose from: $10K, $25K and $50K. You can trade freely under the least restrictive rules in the market and enjoy a payout each time 10% growth is generated. If you would like to get started on an Quickstart account, you can click here.

How many Evolution accounts can I have?

Initially, you are allowed a maximum of three Evolution accounts. You are only able to open more accounts once you have fully scaled all active accounts. For example, you have scaled your three active accounts to the max scaling level and wish to acquire more accounts, you can then open another three accounts. This process is open-ended, meaning there is no limit of how many Evolution accounts you can acquire, as long as you have scaled all active accounts the the maximum level.

What are the drawdown rules?

There are two Quickstart drawdown rules: a static max drawdown limit of 8% which is based on the starting balance of the account and 5% daily drawdown based on the account balance at 12:00 CET (platform time) each day. The drawdown rules are based on floating account equity. Your drawdown limits and allowances can be easily found in Trading Objectives in the Analytics area of the Trader Hub.

What happens if the drawdown limit is breached?

If an account breaches the max drawdown limit or daily drawdown limit, the trader will be disqualified and the funded account lost. The trader will receive a nudge in the Notifications area of their Trader Hub as well as notification via email. Traders who have breached a drawdown limit will receive a 10% code for another account of their choice.

How do withdrawals work?

You will be eligible to request a payout each time 10% profit is generated on the account. Once the minimum payout threshold has been met, you will be given the option to request a payout via a pop up in the Trader Hub. If you have not yet reached the minimum payout threshold of 10%, you will not be able to receive a payout or make a withdrawal. Once a payout has been complete, profit will be withdrawn from the account and the next payout can be processed once the 10% threshold is met again. All payouts are sent on Mondays each week.

What is the profit split?

The profit split for Quickstart is dependent on the amount of payouts you have received. The first profit split is 25%, payouts 2 to 4 are 50% and profit split rises to 75% after payout 5. Once at 75% profit split, this remains the same for the duration the account is held. You can view the profit splits on the Quickstart page by clicking here.

How many Quickstart accounts can I have?

You are allowed a maximum of three active Quickstart accounts at any one time. Quickstart is a limited edition program with a finite number of accounts available.

Do I need to complete an evaluation?

No, you do not need to complete any evaluations or challenges to access an account. There are no requirements to join. We only offer instant, direct funding here at Si.

What is the difference between Quickstart and Evolution?

Quickstart program is designed for traders who have a profitable trading system and are ready to get started straight away on a larger funded account size. The key difference is that Quickstart account sizes are set, with no scaling capabilities. If you would like an account with aggressive, achievable scaling then Evolution may be more suited for you.

Can I merge Quickstart accounts?

You are not able to merge Quickstart accounts. You are, however, allowed a maximum of three Quickstart accounts which can be traded separately or with a trade copier.

Do I need to complete an evaluation?

No, you do not need to complete any evaluations or challenges to access an account. There are no requirements to join. We only offer instant, direct funding here at Si.

Can I merge Evolution accounts?

You are not able to merge Evolution accounts. You are, however, allowed a maximum of three Evolution accounts which can be traded separately or with a trade copier.

What is the Trader Hub?

The Trader Hub is our state of the art trader dashboard offering intuitive account management, real time account analysis, custom trader objective metrics and an array of cutting edge technological perks. The Trader Hub is our one stop shop allowing you to request profits and initiate scaling instantly with the click of a few buttons.

Can I use an expert advisor?

Yes, you are allowed to use expert advisors, bots and trade copiers. Expert advisors are allowed as long as they follow all of our rules stated in the Rules subsection of our FAQs.

Do you have an affiliate program?

We do not have an open affiliate program. We trust the value of our programs and technology and wish to maintain a strong brand which cannot be brought into disrepute. Nonetheless, we are open to corporate partnerships with other businesses. If you wish to talk partnerships, please email support@stocknetinstitute.com.

Do you have a Discord community?

Yes, we have a closed Discord community for our community of funded traders. The Discord invite link can be found in the Welcome email along with the account credentials and Trader Hub login details.

How can I download the trading platform?

You can find the download links for Blueberry Markets MT4 and MT5 by clicking here. Here you will find the platform for iOS, Windows, Mac and Android. If you are using Chromebook, please download the Android version. A download link will also be sent in your Welcome email after purchasing a program.

Is there a max position size rule?

No, there is no max position size rule. You can use as large a position size which the account leverage allows. We do not restrict or limit your trading and appreciate that there is a great variety in trading styles.

Can I trade news events?

Yes, we do not restrict your trading in any way and allow trading through high impact news events. We only ask you to practice responsible risk management.

Can I hold trades over the weekend?

Yes, you can hold trades over the weekend. However, be aware that liquidity is taken off the market so spreads can widen dramatically when markets are closed. If your max drawdown or daily drawdown limit is hit due to holding trades over the weekend, there will not be any exceptions made, resulting in an account breach and disqualification.

Can I trade crypto on weekends?

Yes, we allow crypto trading on weekends. You can trade any eligible product in their respective market hours. We do not restrict you in any way, trade the funded account how you would trade your own.

Do I need to use a stop loss?

No, a stop loss is not required when trading your funded account. Nonetheless, it may be important to monitor an account closely while a stop loss is not being used due to the increased exposure to excess losses.

What is the inactivity period?

There is a standard max inactivity period of 30 days. This means if 30 days have passed without a trade being placed on an account, the account will be breached. This rule is in place to limit a significant number of inactive accounts remaining active on our system. If for whatever reason you need an extension, please contact support to see if your inactivity period can be increased.

Is hedging allowed?

We allow standard hedging on our programs. However, high frequency hedging is not allowed. Thus, entering a buy and a sell of the same pair within 10 seconds of each other is not allowed and will result in an account breach. We do this to protect our capital from the negative effects of arbitrage trading styles. Accounts are manually checked for this breach of rule when a payout or scaling request is made.

Is high frequency trading allowed?

High frequency trading styles are allowed, if they abide by the following rule: a trader must not open and close a position in 5 seconds or under. This rule is in place to protect our capital against styles which cannot be replicated on our central fund. Breaking this rule will result in an account breach and disqualification. Accounts are manually checked for this breach of rule when a payout or scaling request is made.

How do I login to the Trader Hub?

You can simply click the ‘My Hub’ button in the top right of our website or you can enter by clicking here. To login to your account, use the Trader Hub login credentials which are provided in your Welcome email. The login details are your email and MT password.

Can I change my login details?

The login details we assign you are directly linked to your trading account and therefore cannot be changed.

How do I set up my automated payouts?

When inside of the Trader Hub, click the icon in the top right corner. This will take you to the ‘My Account’ section. Next, press the ‘Payment Details’ button and select your preferred payout method by using the toggle, choosing between bank transfer, cryptocurrency or Wise. You only need to select one method. Once you have filled in the necessary information hit the ‘Submit’ button just below. The completion of this means when you request a payout our team already have your chosen details, thus, we can process it automatically for you. If this process is not complete before requesting a payout, your request will be rejected.

Will all of my accounts be under the same login?

Yes. You can switch between your accounts by using the drop down menu in the top left corner of the Hub. If you have signed up for a new account using a different email and received new Trader Hub login details, please contact support@stocknetinstitute.com and we can merge your new trading account into your existing Trader Hub account.

Can I change my personal details?

Yes, you can change your details by visiting the ‘My Account’ area via the icon in the top right of the Trader Hub. Select ‘User Profile’ which will show your billing information. You can then change the necessary fields and hit the the ‘Save Changes’ button.

Where can I find my account credentials?

Your credentials can be found in ‘My Account’ area which you access via the icon in the top right of the Trader Hub. Next, simply press ‘Credentials’ and all of your accounts will be shown. You can unhide the accounts passwords by clicking the eye icon.

Which FX pairs should I trade?

The funded accounts that we issue are raw accounts meaning you will not be able to trade the standard spread FX pairs and can only use raw pairs with the suffix ‘.i’ on the end. To access the raw pairs simply go to quotes on MetaTrader, hit the plus icon in the top right corner and select ‘RAW FEED’. You can then add your desired pairs to your quotes from here.

I selected bank transfer payment, what happens now?

After you place your order, you will receive an email from our team to complete your payment. In the email, there will be details to pay in a range of currencies of your choice. Simply select which currency you would like to pay in and send the payment to the bank details listed for that currency. Please remember to use your order ID as the reference in the payment. Once payment has been detected on our side, your order will be fulfilled and you will receive the Welcome email including all relevant credentials to get started.

What are the withdrawal methods?

We issue payouts via bank transfer, cryptocurrency or Wise. When setting an automated payout method, you only need to select one of the three payout methods. You do not need to fill out all forms.

Is my Evolution account refundable?

Yes, the Evolution program is refundable under certain conditions. Traders will be eligible for a full refund if they meet all of the following criteria:

–  The account has not been traded on

–  The account has been held for less than 14 days

If the account has been traded or the 14 day period passes, it is classed as used. In this situation the trader will be eligible for a 50% refund, if the following criteria have been met:

– The account is equal to or greater than the starting balance issued (not in drawdown)

– The account has been held for under 90 days

– The trader has not misused the account for short term financial gain

To request a refund, the trader should email accounts@stocknetinstitute.com. Upon requesting a refund, the account will be placed in read-only mode until processed and any available profit in the account will be forfeited. The refund total equals the 50% fee less any profits received. Thus, if the trader has received payouts greater than the refund total, they are ineligible for a refund. To read our full terms, please visit our Terms of Service by clicking here.

Is my Quickstart account refundable?

Yes, the Quickstart program is refundable under certain conditions. Traders will be eligible for a refund if they meet all of the following criteria:

– The account has not been traded on

– The account has been held for less than 14 days

To request a refund, the trader should email accounts@stocknetinstitute.com. Upon requesting a refund, the account will be placed in read-only mode until reviewed. To read our full terms, please visit our Terms of Service by clicking here.

How does the scaling pop-up work?

When an account has reached the scaling target, the trader will see a pop-up in their Hub allowing them to request a payout and scale. The trader can choose how much profit they wish to withdraw from the account, how much they will receive – and if there is any profit not withdrawn, they will see the starting balanced of their new scaled account. The trader can choose to receive a payout or transfer their profits to their scaled account to help build a drawdown buffer. Once a decision has been made in regards to how much the trader wishes to withdraw, hit the ‘Submit’ button. The new account will be automatically sent once the scale has been approved, which usually occurs within one business day, but may sometimes take longer.

When will I receive my KYC email?

The KYC verification link, which is sent via Deel, is sent manually during office hours (08:00-18:00 UK time). Hence, if you have ordered outside of these hours, you can expect to receive your Deel email the following working day. Please bare this in mind before getting in contact with our support staff.

When will I receive my credentials?

The Welcome email, which includes your account credentials and Trader Hub log in details, is sent automatically once payment has hit our account. If you have purchased using cryptocurrency, you can usually expect payment to clear pretty quickly, but please allow up to 1 hour after payment for the payment to clear from the blockchain. For bank payments, our system scans payments every 30 mins, meaning that as soon as the payment has hit our account, the onboarding process will be activated and the Welcome email will be sent automatically.

When will I receive my payout?

All payouts, whether it is a standard Friday payout or a scaling payout, are sent on the following Monday, each week. There is no specific time that payouts are sent on a Monday. For receiving the payout in to your chosen account, Wise and crypto payments are instant. However, if you have selected bank transfer, the transfer time will be governed by standard bank processing times and will vary based on your country of residence.

Will I still receive my payout if I breach my account?

If you have had a payout approved, it will be sent on the following Monday. If in this time you breach your account, you will still receive your payout. As soon as a payout is approved, it is secured and will not be forfeited.

How can I pay using Wise?

Wise is the primary method we use for receiving payments and sending payouts. We use Wise as their platform offers free, instant transfers anywhere in the world. If you open a Wise account, you can pay for your account using credit or debit card, bank transfer as well as an array of other options. If you wish to receive payouts into your Wise account, simply input your Wise email address in your Payout Details in the Trader Hub. If you need help making a payment with Wise, you can read this helpful article by clicking here.

I’ve completed KYC verification, what’s next?

Once you have completed KYC verification and signed our contract on Deel, your documents will then be verified by our team during office hours. After our team have verified your details, you will receive an email informing you that KYC is complete and your account is enabled for trading. If you still cannot trade after this email, please ensure you are trading the raw FX pairs with the suffix ‘i’ as standard pairs are permanently disabled on our accounts.

Can I use my profit as credit for a new account?

Yes, if you have not yet received your payout, you can use the profit as credit to instantly open new accounts. Simply contact accounts@stocknetinstitute.com with your name and the accounts you wish to open using your profit and our team can set this up for you immediately.