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Premium Trader Program

Our Premium Trader Program is a two phase program with just 8% and 5% simulated targets. This program is specifically designed for Smart Money Traders and is also great for swing traders. Stop losses are not mandatory, and you can hold your trades all the way through the weekend with no penalty. You can withdraw after seven days and each week following. And, just like many of our other programs, you can choose to compound your simulated profit and scale your account.

Our Premium Trader Program is a two-phase program with just 8% and 5% simulated targets. It is specifically designed for Smart Money Traders and is also great for Swing Traders.

Stop losses are not mandatory, and you can hold trades through the weekend with no penalty.

Withdrawals are available after seven days and then weekly.

Like many of our other programs, you can choose to compound your simulated profit and scale your account.

Account Size

Phase 1 – Evaluation #1

8% Simulated Profit Target

8% Simulated Maximum Loss

4% Daily Simulated Loss Limit

Phase 2 – Evaluation #2

5% Simulated Profit Target

8% Simulated Maximum Loss

4% Daily Simulated Loss Limit

FT+ Trader Account

Completing the Evaluation Phase 2, you will gain access to the ‘FT+ Trader Simulated Live” phase. In this phase, you will be in our simulated-live environment, where you can withdraw real-world funds from your simulated gains from day 7, and then once every seven days thereafter. 

Simulated Profit Share & Withdrawals

For withdrawal requests on our FT+ Trader simulated live accounts, we operate with a minimum starting profit split of 80/20 as a standard. This means that when you make a withdrawal request, you will receive 80% of the withdrawn funds. As you achieve milestones in your FT+ Trader account, this profit split can be upped to both 90/10 and ultimately, 100%. When you reach 20% simulated profit in your FT+ Trader account, traders can request the 90/10% profit share, and when traders reach 30% simulated profit in their FT+ Trader account, you can request your profit split to be changed to 100/0.

Making a withdrawal request is simple and easy, and can be done through your FT+ Dashboard. For the Premium Program, you can withdraw any simulated profit you make on your account, with a minimum of $50, as soon as you are in simulated profit. Your first withdrawal can be made 7 days after receiving your FT+ Trader account, and then once every 7 days after.

FT+ Trader withdrawals start with an 80/20 profit split, meaning you receive 80% of withdrawn funds.

At 20% simulated profit, you can request a 90/10 split, receiving 90%.

At 30% simulated profit, you can upgrade to 100% profit, keeping all withdrawn funds.

Simulated Loss

Rules


We have simple rules in place for our programs. This is to ensure that everyone who takes part in our evaluation or instant programs knows exactly what is expected of them.

Breaking a hard rule will breach your account and result in account closure. Breaking a soft rule would never result in account closure. A soft rule break would only result in the system automatically closing any open position that breaches a soft rule.

We have simple hard and soft rules to protect our capital and the simulated profits of our traders.

Breaking a hard rule results in account closure.

Breaking a soft rule will not close your account but will automatically close any open positions that violate the rule.

  • Hard Rules
  • Do not breach our Daily Simulated Loss limit
  • Do not breach our Maximum Simulated Loss limit
  • Soft Rules
  • There are no soft rules on this program

Daily Simulated Loss


Daily simulated loss will start at 4% of the original account size. Then, with each new trading day, it will become 4% of the prior day’s balance. This update happens when the server’s clock hits 23:59 and prevents you from losing too much in a single day. The best way to explain the daily loss limit is by example:

Daily loss limit starts at 4% of the original account and updates to 4% of the prior day’s balance at 23:59 server time.

Daily Simulated Loss Help Center
  • Day Example 1
  • Previous Day Starting Balance at 23:59 = $100,000
  • Daily Loss Limit = $4000 (4%)
  • $100,000 – $4,000 = $96,000
  • Day Example 2
  • Previous Day Starting Balance at 23:59 = $106,000
  • Daily Loss Limit (4%) = $4,240
  • $106,000 – $5,300 = $101,760
Note: If the trader has winning trades in a given day, the amount those winning trades make is added to the daily simulated loss down allowance for that day

Relative Maximum Simulated Loss


Our Relative Maximum Simulated Loss works by trailing by 8% of the initial balance from the high water mark. The high water mark is measured using the account balance. Once the Maximum Simulated Loss level has reached the initial balance, it no longer trails. The best way to explain the total trailing maximum simulated loss is by example:

Relative Maximum Simulated Loss trails 8% from the high water mark until it reaches the initial balance, then stops trailing.

Maximum Simulated Loss Help Center
  • Example 1
  • Starting Balance = $100,000
  • Total Maximum Simulated Loss Limit = $8,000 (8%)
  • 8% of $100,000 = $8,000. $100,000 – $8,000 = $92,000
  • Example 2
  • Day Starting Balance = $103,000
  • Total Maximum Simulated Loss Limit = $8,000
  • $103,000 – $8,000 = $95,000
You can learn about Relative Maximum Simulated Loss here

FT+ Trader Account Drawdown


On a FT+ Trader account, once you have reached 8% simulated profit, the Maximum Simulated Loss no longer trails and the total account size becomes your lowest point of simulated loss. This means if you are on a $100,000 account and you achieve $111,000 you would now have a total drawdown allowance of 11%. In this example, your account can not go below $100,000 once $108,000 is achieved. Please be aware that when you come to withdraw your simulated profits, you should leave a sensible amount in your account to cover any simulated loss you might expect. This is because your account cannot fall below the total allocated to you (in this example that would be $100,000).

On an FT+ Trader account, after 8% simulated profit, the Maximum Simulated Loss locks, setting the total drawdown allowance at the highest achieved balance minus 8%.

Drawdown Help Center
  • Example 1
  • 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 = $9,000
  • Trader has a $9000 total simulated maximum loss allowance or 9%.
  • Example 2
  • Simulated Balance in account = $110,000
  • Total Simulated Maximum Loss Limit = $10,000
  • Trader withdraws simulated $10,000. Trader gets $8,000 (80%).
  • Account size is now $100,000
  • $100,000 – $100,000 = $0
  • Trader has no simulated maximum loss, the account is automatically closed
You can learn about Relative Maximum Simulated Loss here

Need help?

Access our Help Center to get in depth answers to your questions. If your specific query isn’t covered in our Help Center, feel free to contact our Live Chat team, who are available 24/7 and are happy to help!

What’s Allowed

We pride ourselves on being simple, transparent and trustworthy. As such we like to give our traders as much flexibility as possible. This is why we allow:

  • Trading and holding overnight
  • Unlimited time to complete the evaluation phases
  • Any strategies including Expert Advisors (Providing they do not utilise arbitraging methods)

 

You can also read all information about the Premium Trader Program, in more detail, in our Funded Trading Plus Help Center.

We pride ourselves on being simple, transparent and trustworthy. As such we like to give our traders as much flexibility as possible. This is why we allow:

  • Trading and holding overnight
  • Unlimited time to complete the evaluation phases
  • Any strategies including Expert Advisors (except those using arbitrage)
Premium Trader Help Center

Does My Account Expire?

Your account does not have a time limit to complete any evaluation, or trade on your FT+ Trader account. However, your account would expire in the event that you do not place at least one trade in any 30-day period. Placing at least one trade, means both open and close of a position, to register activity on your account.



This provision is in place due to our partnered brokers, and is to ensure that the servers remain outage free and run as smoothly as possible.

Your account has no time limit for evaluations or trading. However, it will expire if no trades are placed within 30 days. A trade must be both opened and closed to count. This policy is required by our partnered brokers to maintain server stability.

Premium Trader Help Center

Premium Program 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 $2,500,000 in simulated funds.

Our Premium Trader scaling plan lets you grow your account up to $2,500,000 in simulated funds—one of the best in the industry!

  • Your closed balance on your FT+ Trader simulated live account must hit the scaling target for your account (see scale table).
  • No open trades at the time of scaling request (account will be disabled while the scale is actioned, and re-enabled once complete).
  • To scale up, you must have 10% simulated profit in your closed balance. Each level requires 10% new profit, with no carryover from previous levels. Skipping levels isn’t allowed.
  • Subject to risk review upon scaling request.
Premium Trader Scaling Help Center

Key Features of the Premium Trader Scaling Plan

  • No time restriction
  • You can use your simulated profit to fund your next scale up
  • You can choose to withdraw your simulated profit – subject to your new static maximum simulated loss limit
  • Static maximum simulated loss limit always locked at scaled account size 

 

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. 

What We Allow:

  • You can request to scale as often as once a day every day all the way up to $5,000,000 (subject to having purchased the enhanced scaling add-on at checkout)
  • You can request to scale on this program without fulfilling additional consistency rules
  • You can request to scale as soon as you have reached 10% simulated profit in your ‘FT+ Trader’ account

Withdrawals

You can withdraw before or after scaling, but withdrawals reduce your simulated account balance and do not count towards the balance required for scaling.

How to Scale Up

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

Here is an example

You have a simulated $100,000 account, and you hit the 10% profit target required to scale. You now have an account with a simulated $110,000 that is ready to scale. These are the steps taken to scale your account:

  1. Ensure that you have no active trades and that you have the simulation profit target amount in your account – In this example, you would need $110,000 in your account.
  2. Raise a support ticket and request to scale up your account.
  3. We will temporarily disable your account access and subject to a favourable Risk Review, we will increase the simulated funds in your account. In this example we would increase the account to $210,000 from $110,000. Note that once this process has been started by support, it can take up to 48 business hours to complete.
  4. We respond back to you letting you know that your existing account has been scaled up and is ready to trade again.

In this example, assuming you do not withdraw, if you have a simulated balance of $110,000 you can request to scale to a simulated starting size of $200,000. You would have the same amount of simulated profit on the new account, so the balance would be $210,000. ($10,000 in this example). The new static maximum simulated loss limit has been changed to reflect the new account starting size of $200,000.

In this example, you would now need to make an additional simulated $10,000 of profit to be able to scale on the simulated $200,000 level to the next level of $400,000. You would be free to withdraw simulated profit as suits your circumstances and trading risk profile.

  • FT+ Account Starting Balance
  • $25,000*
  • $50,000*
  • $100,000*
  • $200,000*
  • $400,000*
  • $800,000*
  • $1,600,000*
  • $2,500,000*
  • Profit Required to scale
  • 10%
  • 10%
  • 10%
  • 10%
  • 10%
  • 10%
  • 10%
  • Balance Required For Next Level
  • $27,500
  • $55,000
  • $110,000
  • $220,000
  • $440,000
  • $880,000
  • $1,760,000
*plus the profit you made from the last level

Markets Replicated within our Simulated-Live Environment

To improve our programs, we are constantly updating the market instruments available to trade.

View Available Markets
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