Stop failing prop challenges on the daily loss limit!
Your money stays on your account.
You set your daily stop once. When it is reached, the tool closes the day for you — no revenge trade, no “one more”. We never see your money, never hold it, never pay you out.
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How it works in detail
A subscription trading service for XAUUSD, used through MetaTrader 5. It runs on your account, with your broker or prop firm — we never receive your password and have no access to your funds. There is no challenge to pass, no evaluation to buy, no profit split, and no payout to request: whatever your account makes or loses is yours, and it never passes through us. You pay a monthly subscription for the service, and you can cancel it.
The trading rules run on our server; the application on your Windows PC or VPS sends them data from your MetaTrader 5 terminal over an encrypted connection and places the resulting orders on your account, directly with your broker. Every number — lot size, ladder, reverse level, daily stop, daily target — is set by you, with no minimums or maximums from us. We set no number for you — not one: you type every value yourself; nothing is preset, and an entry depends only on your own entry rules. Switch it off whenever you want.
We are not a prop firm, and we do not fund anyone
If you have seen “get funded” offers on social media, this is a different thing entirely. Here is the difference, plainly:
| A funded-account offer | Spectar FX Gold |
|---|---|
| You pay for a challenge on a simulated account | You trade your own real account, from day one |
| They hold the account and the money | Your broker holds it — we never touch it |
| You request a payout and they approve it | There is no payout — the money is already yours |
| Their rules decide when you are out | Your numbers decide — you set every limit |
| You are paying for a chance | You are paying for a tool, monthly, cancellable |
The other side of that: the risk is yours too. We do not guarantee any result, and losses on your account are real losses of your money. Read the risk warning before you decide.
Choose your plan
The plans differ in who starts a trade. In MANUAL you place the entry yourself; the application shows you what the rules on our server make of the market right now — a direction, whether your entry rule is met, and a suggested lot — and you decide whether to act on it and type the order yourself. In SEMIAUTO the application prepares the entry and waits for your approval. In AUTO the application enters on its own whenever your own entry rules are met, inside the numbers you have set. Your entry rules decide; our server only calculates whether your conditions are met. That is the difference. On every plan, once a position is open the application manages it by your numbers — trailing, reverse legs, ramp, chain cap, daily stop and daily target — and on every plan you set every one of those numbers yourself, with no minimum or maximum from us. We set no number for you — not one: you type every value yourself; nothing is preset.
See each plan running
The real application on a simulated broker — watch how MANUAL, SEMIAUTO and AUTO are set up and used.
MANUAL
- On-screen readout of what the rules on our server make of the market right now, working from your own settings — a direction, whether your entry rule is met, how strong that reading is, a suggested lot, and the reasons behind it — you decide whether to trade, and you type and confirm the order yourself
- You type the lot for each entry; the suggested lot is only shown next to the field
- Monitor window — your account, P&L, daily limits
- Alerts by Telegram, WhatsApp or email — all three off by default, each with your own credentials — and a report on every trade
- Once the position is open the application manages it by your numbers — trailing, reverse legs, ramp, chain cap, daily stop and daily target
- Trade journal — every closed trade written to a file on your computer, with the settings that were in force at that moment
- Every number set by you — lot size, ladder, reverse level, trailing, chain cap, daily stop and target, trading hours and news blackout, with no minimum or maximum from us
- Support by email — first reply within 24 working hours
SEMIAUTO
- Everything in MANUAL
- The application prepares the entry and places it — you approve each new trade, and if you do not answer within 60 seconds it is not opened
- Faster support — first reply within 12 working hours
- A new trade opened without your approval
AUTO
- Everything in SEMIAUTO
- Unattended operation — entry whenever your own entry rules are met (our server only calculates whether your conditions are met); defence, exit and daily stop by the rules on our server, within your settings
- Priority support — first reply within 4 working hours, binding under section 11A of the Terms of Service
Add-ons
Two optional add-ons for customers who already have a plan. Each one is a separate subscription that works only together with an active main licence, and you buy it the same way as a plan.
Additional MT5 account
- Run your plan on one more MetaTrader 5 account — for example an account with a second prop firm
- MANUAL: €19 + VAT/month, or €190 + VAT/year
- SEMIAUTO: €29 + VAT/month, or €290 + VAT/year
- AUTO: €39 + VAT/month, or €390 + VAT/year
- Works only with an active main licence of the same plan. At checkout you enter the number of the additional MetaTrader 5 account and the key of your main licence
- You get a separate licence key for that account and the same package as your main plan
- When your main licence ends, the additional account stops working with it. Cancelling your main plan cancels this add-on automatically — it is not charged again
Lot Panel for MANUAL
- A small window that stays on top of your other windows and changes the size of your open position with one click: a bigger size adds to the position in the same direction, a smaller size closes part of it
- Price: €12 + VAT/month, or €120 + VAT/year
- It can also open a hedge of a size you choose on the opposite side, and close it again, through a manual command
- The size on each button is yours: you type the sizes yourself in your own configuration (
lot_panel_sizes); nothing is preset - Included in SEMIAUTO and AUTO at no extra charge — this add-on is only for MANUAL
- Works only with an active main MANUAL licence. At checkout you enter the key of your main MANUAL licence; the Lot Panel then opens with that key
- When your main licence ends, the Lot Panel stops working with it. Cancelling your main plan cancels this add-on automatically — it is not charged again
Starting a prop challenge? Get a discount with Blueberry Funded
Our partner for funded-account challenges
Spectar FX runs on any MetaTrader 5 account, including prop-firm challenge accounts. If you do not yet have one, you can start a challenge with our partner Blueberry Funded through the button below and enter the discount code SpectarFX.
Go to Blueberry FundedDisclosure: this is an affiliate link. If you sign up through it, Spectar FX may receive a commission from Blueberry Funded; it does not change the price you pay. The discount and its terms are set by Blueberry Funded and may change, so please check them on their website. Blueberry Funded is an independent company and is not part of Spectar FX. Trading on margin is high risk and you can lose your entire capital.
Prefer another firm? FundedNext with code SPECTARFX
Our second partner for funded-account challenges
If you would rather take your challenge with FundedNext, you can start through the button below and enter the code SPECTARFX at checkout.
Go to FundedNextDisclosure: this is an affiliate link. If you sign up through it, Spectar FX may receive a commission from FundedNext; it does not change the price you pay. Any discount and its terms are set by FundedNext and may change, so please check them on their website. FundedNext is an independent company and is not part of Spectar FX. Trading on margin is high risk and you can lose your entire capital.
Also with The5%ers — code RDOTRHBY61
Our third partner for funded-account challenges
If The5%ers suits you better, you can start through the button below and enter the code RDOTRHBY61 at checkout.
Before you connect any tool: The5%ers sets its own rules for automated trading tools (Expert Advisors and similar). Please read their current rules, and ask their support, before using Spectar FX on a The5%ers account.
Go to The5%ersDisclosure: this is an affiliate link. If you sign up through it, Spectar FX may receive a commission from The5%ers; it does not change the price you pay. Any discount and its terms are set by The5%ers and may change, so please check them on their website. The5%ers is an independent company and is not part of Spectar FX. Trading on margin is high risk and you can lose your entire capital.
What is a chain design?
A chain design — the ladder — is a list of lot sizes that you enter in the panel before the trade starts. The first number is the position the application opens; the numbers after it are the only sizes it is allowed to add if that position goes against you, and it never adds more legs than you allow. Every ladder therefore has a worst case: what the whole chain can reach if every leg is used and the market keeps going the wrong way. A bigger ladder is not a better one: it is simply a bigger position and a bigger possible loss. Longer answer in Questions & Answers →
You also set the limits at which a chain stops — the chain loss at which it is reduced to a lot size you choose, the maximum loss of the chain, and your daily stop and daily target. We do not supply ready-made designs, we do not recommend any figures, and we set no minimum or maximum for any of them; the panel only checks that each value is a valid number. We set no number for you — not one: you type every value yourself; nothing is preset, and an empty field is not saved. Whether a ladder and its limits fit your account is your decision. The limits are applied by the rules on our server and carried out by the application on your machine, with a stop loss placed at your broker; a gap in the market or slippage at your broker can still carry a position past any limit you set (see the Terms of Service). Can I change these limits? →
How it works — 4 steps
Pick a plan and pay by card at the secure Stripe checkout. Your licence key is issued immediately: it is shown on the page as soon as the payment is confirmed and is sent to you by email from [email protected] at the same moment. If the email has not arrived within 24 hours — for example because it was filtered — write to us and we send it again.
Download and unzip the package on your Windows PC or VPS (it brings its own Python, so there is nothing else to install), paste your key, copy the two server addresses from your licence email into the application’s settings, point it at your own MT5 terminal, and in MetaTrader 5 tick “Allow algorithmic trading” (without it the terminal refuses every order). About five minutes for most people; the instructions in the package take you through each step.
In the panel you set every number yourself — lot size, ladder, reverse level, chain limits, daily stop and daily target — and your own entry rule: eleven fields, set separately for BUY and SELL, that decide when a trade may be opened at all. The entry rule is required: without it the application opens no trade, not even one you enter by hand. We set no minimum or maximum, suggest no values and supply no ready-made design. What the entry rule is →
The application sends data from your terminal over an encrypted connection to our server, where the trading rules run, and places the resulting orders on your account. Without an active subscription our server accepts no data and returns nothing. Switch it off any time; your positions stay on your account.
