FAQ

Understanding Scalpbox

Frequently Asked Questions

What is Scalpbox?

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Scalpbox is a trading platform, offering a 'one-stop-shop' solution with numerous products and services combined in a single account with an intuitive and user-friendly interface:

Margin trading platform - trade Crypto, Indices, Commodities and FX with up to 500x leverage, allowing you to maximize your profit potential and earn from both rising and falling markets through CFD contracts (Contract-for-difference).

Funded-trading module - get fund for trading by passing the trading objectives and trade on a fully funded trading account upto 4 BTC or $100000. A funded trading account is an account that trader receives where they can trade with others fund and keep upto 80% of the profits he makes as long as the trader follows the pre determined risk criteria's. This provides an excellent opportunity for successful traders to make a career or substantial income through trading.

Copy-trading module - profit by setting up and managing your own Strategy and/or Follow (copy) Strategies of other successful traders. A Strategy is a pool of a trader's personal funds which is visible to the public and can be Followed by others. This provides an excellent opportunity for both experienced successful Traders and Followers to earn and greatly boost each other's profit potential.

FTP Liquidity Staking - stake USDT or BTC to earn interest on idle crypto assets. The fees collected from funded trading program and the percentage profits received from the traded funds are distributed as interest monthly to the FTP liquidity stakers. Through this infrastructure we have decentralized the need of a proprietary trading company for conducting FTP and have open doors for anyone to use their excess funds to gain APY of 25-40%.

Can you trade for me?

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Scalpbox is a trading platform, offering a 'one-stop-shop' solution with numerous products and services combined in a single account with an intuitive and user-friendly interface:

Are there any fees when trading?

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Yes, there are 2 different fees that can be incurred when trading - Trade fee and Overnight financing. Trade Fee is incurred any time a position is opened or closed:

  • 0.05% for Cryptocurrencies
  • 0.005% for Forex, Indices, Commodities

Overnight Financing is incurred any time a position is carried into a new trading day, at 00:00 UTC. Positions closed before the start of a new trading day (00:00 UTC) will not be charged at all.

Where do you get your prices for currencies?

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We act as an STP broker to ensure fast order execution and excellent liquidity for traders. As an STP broker, we receive quotes from a 8 liquidity providers and automatically arbitrage between them to offer the best currently available prices. Thus, the pricings for Cryptocurrencies provided on Scalpbox will vary in accordance with the pricings across the exchanges from which liquidity is aggregated. CFD and FX feed come from a partner company (feed aggregator) which sources liquidity from multiple providers such as prime brokers, banks etc.

Do you have apps for iOS, Android, PC?

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Yes, the iOS App or Android App are releasing by Oct 2022. The web version of the platform is available on all browsers and does not require downloading any software.

Can I create a demo account for paper trading?

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Yes you can create a demo account in Scalpbox. Scalpbox offers $100000 pre funded demo accounts for users to practice their trading skills.

What Charting tool is provided?

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We have integrated TradingView which is the most popular charting tool in the world. This allows traders to chart efficiently and enjoy many pro features of TradingView with no added cost.

Do I need to provide documents to start trading?

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No, documents are not required. We respect your privacy while trading digital currencies which is why we do not require our clients to undergo KYC procedures, exposing personal information.

How do i get funded trading account?

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In order to get funded, you will have to pass our 2-step Evaluation Process.

Step 1: The Primary Evaluation


The primary evaluation is designed in a way that only disciplined traders can pass the evaluation. The timeline is 30 days and risk reward conditions are pre set. Those traders who pass the evaluation proceeds to Verification phase.

Step 2: The Verification


The traders who passes primary evaluation are given an easier test by giving 60 days and 8% profit target. The goal here is to make sure that traders who passed the primary test by fluke are filtered.

A 60 calendar day demo account whereby you verify your performance and consistency one last time. The rules in the Verification stage are significantly easier. For a detailed explanation of the rules, please visit the Trading Objectives site.

After you successfully pass the Verification stage, you get a funded trading account within 24 hours. Traders can keep 80% of the profits made on the funded trading account.

Who provides capital for funded trading accounts?

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Lenders looking to get yield on their capital can stake their funds in Scalpbox. These funds are used to conduct funded program. The evaluation fees and profit share from funded trading accounts is distributed as yield monthly among the stakers.

Any proprietary trading firm, institutional investor, individual trader can stake funds in Scalpbox and earn yield through FTP.

Why is there a fees for funded trading account?

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The fees serves 2 purposes. First it act as a trader's commitment to treat the account with the utmost care and responsibility. Second, the lenders needs higher then average APY to find staking capital for FTP profitable. The fees on failed evaluations in distributed as APY to stakers. This helps us in attracting more stakers thus enabling more traders to get funded.

On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the Funded Trading Account.

When can I withdraw funds from funded trading account?

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All Funded trading accounts are settled on 30th of every calendar month. The trading on funded accounts is restricted on 30th and profit is distributed among trader and stakers.