Frequently Asked Questions
Can't find your answer? Email support@xsselect.com — we reply within 24 hours.
During the evaluation, you trade a simulated account. XS Select purchases expensive real-time market data feeds from Wenhua Finance to give you a high-fidelity evaluation environment — your fee mainly covers these data and maintenance costs.
After passing, you become a contracted strategy provider and receive a live performance account (a simulated account with fictitious funds — the same internationally standard compliance structure used by leading global evaluation platforms). It carries institutional-grade real-time market data, and your compensation is settled based on its trading performance.
Your role: you are a contracted strategy provider. No deposit, no personal capital at risk — just trade. XS Select adopts your trading signals and pays you real performance compensation from our own capital pool: you carry no capital risk, while we carry the funding risk for you.
Don't worry — this is standard institutional practice. To ensure execution speed and eliminate slippage risk, XS Select uses mirror trading technology:
Instructions you place on the simulation terminal (your performance account) are transmitted with zero delay to our central risk-control server. As long as your trades comply with the risk rules, the system replicates them in our master account.
The "模拟" label in the app does not affect your compensation. Profits you generate on the terminal are real performance commissions.
Profit target: +29% cumulative gain within the evaluation period.
Principal limit: equity may never fall more than 5% below the initial allocation (¥100K tier → never below ¥95,000).
Trailing limit: max trailing drawdown of 6% from the historical equity peak (peak ¥120K → never below ¥112,800).
Daily cap: daily gains above 2% count as 2% toward progress; the excess stays in the account as part of the next day's base.
Full details on the Challenge Rules page.
The standard period is 3 calendar months — plenty of time, no pressure:
· Below 1% after the first month → evaluation ends early as invalid;
· Reach 10% (but below 29%) within 3 months → free extension to 6 months;
· Reach 20% (but below 29%) within 6 months → another free extension, up to 9 months total.
Once risk control triggers, the account can no longer hold positions — the risk-control software continuously clears holdings, terminates the evaluation, and login is disabled afterwards. That evaluation attempt is over.
Yes — simply purchase a new evaluation and start again. Many traders who eventually passed went through multiple attempts; each one is a low-cost lesson in risk discipline.
Yes. Overnight and weekend holding is allowed (certain high-risk instruments excepted — watch for announcements).
Absolutely. The platform is open worldwide — your account is provided by us and usable immediately after payment.
On latency: the servers are in mainland China. Southeast/East Asia users are physically close and usually trade smoothly with no accelerator. US/Europe/Australia users should use a return-to-China accelerator (Malus or QuickFox, both with English interfaces) or run the terminal on a Hong Kong/mainland VPS. See the Download page for the full latency guide.
Trading needs only 3 buttons: 买多 (Buy Long, red) / 卖空 (Sell Short, green) / 平仓 (Close, white). Our illustrated English App Guide takes you from login to your first trade in about 10 minutes, with every button marked on real screenshots.
Watch out: Chinese markets use red = up, green = down — the opposite of Western platforms.
We accept USDT (TRC-20 network) only. Payment is auto-confirmed on-chain and your account is emailed automatically — no screenshots or manual verification needed. See the Sign Up page.
Once contracted, request a 50% performance payout anytime your performance account is profitable. Settlement is in USDT (TRC-20) to your personal wallet, completed within 24 hours worldwide.
China's most active commodity futures main contracts (highest open interest). Options and illiquid contracts are excluded — gains on non-main contracts don't count toward progress, but their equity swings do count toward risk limits.
No. We charge 2x the exchange-standard commission (on open and close) precisely to replicate professional conditions and filter for high reward-to-risk strategies. Any record held under 1 minute or moving under 5 ticks is flagged as a "low-quality strategy record" — excluded from progress, but its drawdown counts toward risk monitoring. If you are a high-frequency scalper, please do not sign up.