Updated July 14, 2024

  • One time payment

  • No minimum or maximum trading days to pass. If inactive, account would be closed

  • Reach profit target to move to funded account

  • Intraday live trailing drawdown. Drawdown follows your highest unrealized and realized PNL. Account balance must be maintained above drawdown limit at anytime.

  • Do not exceed the maximum number of contracts for each trade

  • Must close orders /positions before market closes 5:00 p.m. EST, New York

  • Should trade contracts with the highest volume and open interest. Must roll over appropriately

Evaluation (Challenge)

No reset of evaluation or funded account

Trading Platforms: Quantower (free license including DOM surface and copy trading). Supports other Rithmic based platforms. Depth of market (level 2) can be purchased for $52 (includes CME, CBOT, NYMEX, COMEX)

Commission costs each way are $2.5 and $0.5 for minis and micros respectively

Up to 20 evaluation and funded accounts. Copy trading is allowed (free with Quantower).

Educational programs available (refer FlexyTrade)

  • After reaching profit target, head to dashboard and look out for "Target Reached." Sign contract after recieving email. Pay a one-time activation fee (see table).

  • Drawdown stops trailing once drawdown balance reaches initial balance (see table). For example, in a 50k account drawdown trails from 47,500 till it reaches 50,000 after which it stops trailing.

  • Like in evaluation hitting the drawdown balance closes the account

  • No resets

Funded Account, Performance

Payouts can be requested anytime before the last day of the month when

  • profits exceed safety net (see table)

  • trade a minimum of 4 days (consecutive or nonconsecutive) and

  • best day does not exceed 30% of total profits

Payout

After withdrawal request, the account stays active and balance remains unchanged. Balance adjustment will happen after the last day of month.

Minimum request $500

Maximum withdrawal limit applies for the first 3 months only (see table).

No maximum cap after that, but account balance should exceed safety net

Payouts are executed on the last business day of the month, through wire transfer or cryptocurrency (TRC20)

Traders receive 100% of the first $25,000 and 90% thereafter

  • One time evaluation fee

  • Up to 20 funded accounts

  • Cheaper 5 or 10 account bundle price

  • First 100% of 25,000 for trader, then 90%

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