What happens after I complete my trading evaluation?
Upon successfully completing the evaluation phase of any of our programs, you can begin the verification process by visiting the "Verification Center" located in My Profile.
Here, you will need to upload the following documents:
- Color copy of government-issued photo ID (Front and Back side)
- Proof of address dated within the past 3 months (utility or phone bill will suffice).
- Download the KYC form and upload it to the Verification Center.
Scaling Plan
We motivate our Funded Challenge Traders with a 25% initial account size increase every 90 days for those who achieve an 8% overall profit and make at least 3 withdrawals. The scaling ceiling is $2.5 million. Subsequent funded accounts also receive a 25% increase. New accounts qualify for scaling.
For example, a $100,000 account's first scale-up yields $125,000, with adjusted loss percentages for scaled accounts and no impact on scaling from profit withdrawals.
In the third phase of the scaling plan for the "Troopers" challenge type, we extend the daily drawdown to 8% and the maximum daily drawdown to 12% to reward exceptionally outstanding performance.
Challenge Refund
After successfully passing our Evaluation Program, we process the challenge refund after earning a 10% profit on the funded stage. This approach aims to motivate traders to maintain consistency on our funded stage, as our ultimate goal is to collaborate with the most successful and talented traders. The refund is sent to the chosen payout method.
How can I get paid?
Your first performance fee will be available 30 days after you place your first trade on your funded challenge. Please note that we offer instant payouts, which means you will receive your payout usually within a few minutes or a maximum of a few hours after the request.
The payout methods available are: Wire transfer, Credit Card, or we can send the amount to your BTC wallet.
What is a Simulated Funded Account?
A Simulated Funded Account is any account where a trader may be entitled to remuneration, payable as a percentage of the simulated profit generated based on the payout associated with the demo account. To avoid confusion, please note that a Simulated Funded Account is fully simulated, with real market quotes sourced from liquidity providers. The trading data is sent to a partnered proprietary trading firm, where trades are copied at their discretion and proprietary trading strategies are developed using this data.
If a Simulated Funded Account is violated, am I eligible for a payout?
Should you breach the terms specified in our rules, knowledge center, or trader agreement while using The Funded Trader's simulated funded account, you will be disqualified from receiving any simulated payout, bonus, or refund.
Note: A payout means you are paid based on data which is measured by simulated profit.