The Prestige Trader Program

Our Prestige Program is a two-phase static drawdown evaluation account. Upon passing, you will then receive a simulated FT+ Trader Account. In this final phase, and subject to our in-house risk-review, you will be able to withdraw any simulated profit within the account in real-world funds.

The Prestige Trader Program is a two-phase static drawdown evaluation account.

Once you pass, you’ll receive a simulated FT+ Trader Account.

In the final phase, subject to our in-house risk review, you’ll be able to withdraw any simulated profits as real-world funds.

Account Size

…

Phase 1 – Evaluation #1

10% Simulated Profit Target

10% Simulated Maximum Loss

5% Daily Simulated Loss Limit

3 Minimum profitable trading days of at least 0.5% simulated profit

No Stop Loss Required
Hold Overnight & Weekend

Phase 2 – Evaluation #2

5% Simulated Profit Target

10% Simulated Maximum Loss

5% Daily Simulated Loss Limit

3 Minimum profitable trading days of at least 0.5% simulated profit

No Stop Loss Required
Hold Overnight & Weekend

FT+ Trader Account

After completing the evaluation phase 2, you will gain access to the ‘FT+ Trader Phase’. In this phase you will be in our simulated-live environment, where you can withdraw real-world funds from your simulated gains once every fourteen days, as long as the Minimum Profitable Trading Days conditions are met.

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 This means that when you make a withdrawal request, you will receive 80% of the withdrawn funds.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, 100/0. 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 Prestige program, you will need to have met all withdrawal conditions for this program, and your account must be flat (meaning no open trades). You can withdraw any simulated profit you make on your account, with a minimum of $50, as long as all conditions are met for this program. Your first withdrawal can be made 14 days after receiving your FT+ Trader account, and then once every 14 days after.

FT+ Trader withdrawals start with an 80/20 profit split, which can increase to 90/10 at 20% profit and 100/0 at 30% profit.

Requests are made easily through the FT+ Dashboard, with a $50 minimum withdrawal and no open trades required for Prestige accounts.

The first withdrawal is available after 14 days, with subsequent withdrawals every 14 days.

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 total Maximum Simulated Loss limit

Soft Rules
There are no soft rules that will close a trade

Minimum Profitable Trading Days Rule
Minimum simulated gain of 0.5% of your account size on three separate days

Daily Simulated Loss

Daily Simulated Loss will start at 5% of the original account size. Then, with each new trading day, it will become 5% 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 5% of the original account and updates to 5% 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 = $5000 (5%)
$100,000 – $5000 = $95,000

Day Example 2
Previous Day Starting Balance at 23:59 = $106,000
Daily Loss Limit (5%) = $5,300
$106,000 – $5,300 = $100,700

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

Static Maximum Simulated Loss

Our Static Maximum Simulated Loss is set at the beginning and remains unchanged. Static Drawdown does not adjust with account highs or new closed balance peaks.

Static Maximum Simulated Loss stays fixed from the start and doesn’t adjust with account highs or balance peaks.

Maximum Simulated Loss Help Center

Example 1
Starting Balance = $100,000
Total Maximum Simulated Loss Limit = $10,000 (10%)
10% of $100,000 = $10,000. $100,000 – $10,000 = $90,000

Example 2
Day Starting Simulated Balance = $111,000
Total Maximum Simulated Loss Limit = $21,000

You can learn about Static 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 Prestige 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)

Prestige 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.

Prestige Trader Help Center

Prestige Program Leading Scaling Plan

Our Prestige Trader Program has a unique scaling plan within the FT+ lineup, and we believe it is the best scaling plan available for any static drawdown programs in the funded trading industry!
With our Prestige Scaling Plan, you can scale your account all the way up to a starting balance of $2,500,000 in simulated funds!

Our Prestige 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.

Prestige Trader Scaling Help Center

What Happens to Your Drawdown?

Your maximum simulated loss is linked to your newly scaled account starting size.

This means if your new account starting size after scaling is $100,000, your maximum simulated loss will be calculated from this figure (e.g. 10% of $100,000 = $10,000, therefore your simulated account balance would have to decrease to less than $90,000 in order to trigger a breach of the maximum simulated loss rule).

Daily simulated loss continues to be calculated from of your prior day’s closed account balance at 23:59 server time.

For more information about drawdown types, please refer to our Dedicated Help Center .

When Can You Scale?

We have tried to simplify the process other firms use to determine when you can request to scale your account size. With Funded Trading Plus, it’s as simple as 1, 2, 3!

You must have made a minimum of 1 approved withdrawal from your ‘FT+ Trader’ account.
You must have held your account for at least 2 months prior to your first scaling request, or have 2 months elapsed since your last successful account scaling.
You must have a withdrawable profit of at least 20% of your starting account balance.

How to Make a Scaling Request

Ensure you meet all the requirements in respect of simulated profit, timescales, and withdrawal criteria.
Ensure that you have no active simulated-trades open on your account.
Raise a support ticket, to request an account scaling review.
We will then temporarily disable your account whilst we perform the relevant risk review, and determine whether scaling is appropriate in the circumstances.
If your request is approved, we will make all necessary amendments to your account balance and drawdown parameters.

In all cases we aim to complete the scaling request review and communicate our decision within 48 business hours (Monday – Friday) of your request.

Why Would You Choose to Scale?

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

Andy has had their $100,000 ‘FT+ Trader’ account on the Prestige Trader Program for 2 calendar months, and is doing well. They have already had a withdrawal approved on their account, and continue to make simulated-profit.

Upon reaching a withdrawable account balance of $120,000 Andy submits a request via a support ticket to have their account scaled to the next level.
Our Operations Team temporarily disable Andy’s account to conduct a review of the request. They note that Andy’s risk management is in a good place, and they clearly know how to manage their simulated trading account. They make the relevant changes to account size and drawdown.

Within 48 business hours, Andy receives confirmation via support ticket that their request has been approved. The account is then re-enabled and Andy receives his account with a new starting size of $150,000 + his simulated profit of $20,000, giving a total simulated account balance of $170,000.
Andy’s maximum simulated loss is calculated from the new starting size of $150,000, and the lowest figure his account can reach prior to triggering a hard breach of the program’s parameters is $135,000.

FT+ Account Starting Balance
$25,000
$37,500*
$50,000*
$75,000*
$100,000*
$150,000*
$225,000*
$337,500*
$500,000*
$750,000*
$1,150,000*
$1,750,000*
$2,550,000*

Profit Required to scale
$5,000
$7,500
$10,000
$15,000
$20,000
$30,000
$45,000
$67,500
$100,000
$150,000
$230,000
$350,000
–

Balance Required For Next Level
$30,000
$45,000
$60,000
$90,000
$120,000
$180,000
$270,000
$405,000
$600,000
$900,000
$1,380,000
$2,100,000
–

Static Drawdown Amount
$2,500
$3,750
$5,000
$7,500
$10,000
$15,000
$22,500
$33,750
$50,000
$75,000
$115,000
$175,000
$250,000

Static Drawdown Breach Balance
$22,500
$33,750
$45,000
$67,500
$90,000
$135,000
$202,500
$303,750
$450,000
$675,000
$1,035,000
$1,575,000
$2,250,000

*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