Scalper accounts
A stop-loss is not required on the Scalper plan. This allows traders to use short-term strategies where positions may close within one or two minutes.
However, total risk must not exceed 1% of the account for an individual trade or related entries on the same instrument. Splitting one trading idea across multiple tickets does not bypass the limit.
Other challenge types
Other MarketMates challenges require a stop-loss on every trade. It must be placed within 120 seconds of opening the position.
Closing a trade within those 120 seconds without first placing a stop-loss does not bypass the rule and may generate a breach.
Check current Prop Trading challenges, rules, and plan details