Phase 1 – Assessment #1
Phase 2 – Assessment #2
Phase 3 – FT+ Trader Account
Profit Share & Withdrawals
Hard Rules
Maximum Simulated Loss
Previous Day Starting Balance at 23:59 = $100,000
Daily Loss Limit = $4000 (4%)
$100,000 - $4,000 = $96,000
Previous Day Starting Balance at 23:59 = $106,000
Daily Loss Limit (4%) = $4,240
$106,000 - $4,240 = $101,760
Note: If the trader has winning trades in a given day, the amount those winning trades make is added to the daily draw down allowance for that day.
Starting Balance = $100,000
Total Maximum Simulated Loss Limit = $8,000 (8%)
8% of $100,000 = $8,000. $100,000 - $8,000 = $92,000
Day Starting Balance = $103,000
Total Maximum Simulated Loss Limit = $8,000
$103,000 - $8,000 = $95,000
Simulated Balance in account = $115,000.
Total Simulated Maximum Loss Limit = $15,000.
Trader withdraws simulated $6000. Trader gets $4800 (80%).
Account size is now $109,000.
$109,000 - $100,000 = $9000.
Trader has a $9000 total simulated maximum loss allowance or 9%.
Simulated Balance in account = $110,000.
Total Simulated Maximum Loss Limit = $10,000.
Trader withdraws simulated $10,000. Trader gets $8000 (80%).
Account size is now $100,000
$100,000 - $100,000 = $0.
Trader has no simulated maximum loss, the account is automatically closed.
What’s Allowed
Our Industry Leading Scaling Plan
We believe our scaling plan for our relative drawdown programs is the best in the funded trading industry!
With our Premium Trader scaling plan, you can request to scale your account all the way up to a starting account size of $5,000,000 in simulated funds.
The idea of scaling is that it gives customers much greater buying power, not more drawdown. This way, we can make scaling on the Premium Trader Program simple without additional parameters.
You can withdraw before or after scaling, but withdrawals reduce your simulated account balance and do not count towards the balance required for scaling.
Make the required simulated profit or greater on your ‘FT+ Trader’ account—10% on this program. Close your open trades and then open a ticket via LiveChat or our Contact Page and ask to scale up. Please allow up to 2 business days for this to be completed.
The idea of scaling is linked to simulated buying power. Simply put, some choose to increase their buying power to strive for larger simulated gains.
With this, there is always a concern that due to the increased buying power, traders will change their approach to risk. Because of this, all scaling requests are subject to our normal Risk Review Policy to ensure that those who request to scale are demonstrating the highest standards in terms of risk management within their account history
| FT+ Account Starting Size | Profit Required To Scale | Balance Required For Next Level |
|---|---|---|
|
$25,000 |
10% |
$27,500 |
|
$50,000 (plus the profit you made from the last level) |
10% |
$55,000 |
|
$100,000 (plus the profit you made from the last level) |
10% |
$110,000 |
|
$200,000 (plus the profit you made from the last level) |
10% |
$220,000 |
|
$400,000 (plus the profit you made from the last level) |
10% |
$440,000 |
|
$800,000 (plus the profit you made from the last level) |
10% |
$880,000 |
|
$1,600,000 (plus the profit you made from the last level) |
10% |
$1,760,000 |
|
$2,500,000 (plus the profit you made from the last level) |
– |
– |
All information on this site is purely for educational purposes and may not be accurate. Therefore, it should not be used to influence decisions in any financial market.
MISSING SOMETHING?
Our outstanding training and support package has
helped hundreds of traders gain access to funded trading capital.
The package includes:
The Demon Scalping course
Trading Psychology course
Lifetime access to the Trade Room Plus Live Trade Room
A one-on-one goals session with a professional funded trader
Direct access to a professional funded trader
