Accounts
It runs on your MT5 account, and it knows what kind of account that is.
RSForex classifies your account from live terminal facts and applies the matching rule profile automatically. A prop challenge and a retail account are protected differently, because their rules are different.
Two families
Prop firm and retail, each with its own hard lines.
Prop firm accounts
FTMO testedChallenge, verification and funded accounts carry provider rules: daily loss, maximum drawdown, sometimes news and weekend restrictions. RSForex treats those as hard lines and stops entries before them.
- Daily-loss and max-drawdown guards enforced before the provider would fail the account
- Program detection: challenge, verification and funded get the right profile
- One gold market, sized inside the room the account actually has
Retail MT5 accounts
OANDA testedAny MT5 broker with a standard gold contract can qualify. The desktop app checks the symbol, contract size, stop rules and execution behaviour during setup, before a single trade.
- Broker-specific symbol and contract checks at setup
- Risk sized from your balance and equity, with a stop-loss on every trade
- No provider rules, so the account protection layer sets the boundaries
Detection
You do not tell RSForex what your account is. It verifies.
When your terminal connects, the platform reads live facts: broker server, account currency, leverage, the gold contract, margin mode. From those it classifies provider and program and assigns the rule profile. If the facts do not match a supported profile, it says so before trading, not after.
Requirements
What any account needs.
- Platform
- MetaTrader 5 on Windows. MT4 is not supported
- Market
- A gold symbol (XAUUSD or broker variant) with a standard contract
- Permissions
- Algo trading enabled in the terminal. The desktop app checks this for you
- Connection
- The machine with MT5 stays on while the bot trades
- Access
- An active RSForex license. Six months complimentary for every legitimate account
Not sure what you have? Connect it and find out.
Detection and qualification run automatically during setup and nothing trades until your account is verified.