Everything you need to know about our forex funding accounts, prop trading rules, and affiliate programs.
On all platforms offered, Cryptocurrencies are enabled and available for trading over the weekend.
For 1-step Nitro X accounts, there’s a consistency rule that applies Simulated Funded Phase
Why this Rule?
Funded Trader Markets’ Consistency Rule promotes steady profit growth and helps traders avoid emotional trading.
Important Details About the Consistency Rule For 1-step Nitro X Accounts
In the Challenge Phase; there is no consistency rule requirement.
In the Simulated Funded Phase; you should not have made more than 25% of the total profit in one day.
If a single day’s profit is more than 25% of your total profit in the Simulated Funded Phase, you have to continue trading until there isn’t a day with more than the above said maximum.
When is the Consistency Rule Required?
For 1-step Nitro X accounts, it applies to only the Simulated Funded Phase
Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit
Single Day’s Profit = Balance at 5pm EST Today – Balance at 5pm EST Yesterday
Example (1-step Nitro X Account – Simulated Funded Phase)
If you made a total profit of $4,000 in the Simulated Funded Phase,
To be eligible for withdrawal, there should not have been a single day with more than 25% of $4,000 (= $1,000).
If there is a single day with more than 25% of total profit, then you have to keep on trading until the best day profit is less than 25% of the total profit.
For 2-Step Plus accounts, there’s no consistency rule in the Evaluation Phase and Funded Phase.
There’s a consistency rule for Instant Funding Accounts.
Why this Rule?
Funded Trader Markets’ Consistency Rule promotes steady profit growth and helps traders avoid emotional trading
Important Details About the Consistency Rule For Instant Funding Accounts
In an Instant Simulated Funding Account; you should not have made more than 15% of the total profit in one day.
If a single day’s profit is more than 15% of your total profit in the Instant Funding Account , you will have to continue trading until there isn’t a day with more than 15%.
Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit.
Single Day’s Profit = Balance at 5pm est Today – Balance at 5pm est Yesterday
Example (Instant Funding Account)
If you made a total profit of $10,000 on an Instant Funding Account,
To be eligible for withdrawal, there should not have been a single day with more than 15% of $10,000 (= $1,500).
If there is a single day with more than 15% of total profit, then you have to keep on trading until the best day profit is less than 15% of the total profit.
The profit split structure for Instant Funding Pro Account will be as follows:
1st reward: 50/50 split
2nd reward: 60/40 split
3rd reward: 70/30 split
4th reward: 80/20 split
Note: It remains 80/20 split from the 4th reward onwards.
The Instant Funding Plus Account starts with an 80/20 profit split (80% to the trader, 20% to the firm).
To maintain this split, traders must follow the Shield Risk Protocol, which is designed to promote disciplined risk management.
These rules ensure long-term sustainability for both the trader and the firm, while rewarding disciplined trading with the maximum performance reward structure.
Yes, you are allowed to trade news in all our programs. However, it’s crucial to approach this with heightened caution. News-driven market fluctuations are notoriously volatile and unpredictable.
News events tend to spike market volatility and thin market liquidity. This often results in wider spreads and the possibility of slippage, complicating trade executions at preferred price levels.
Therefore, traders should be aware of the potential risks associated with trading news.
Yes, you can switch the platform of your account, subject to the following conditions:
No Trades Placed:
The account has not placed any trades.
Evaluation Phase Switch:
If the account is in the evaluation phase of any program, it can be switched upon moving to the next phase, provided no trades have been placed in the new phase.
Return to Initial Balance:
The account has returned to the initial balance after a withdrawal request.
Note: Instant Plus as well as 1-Step Simulated Funded Accounts must be absolutely untraded to be eligible for a platform switch. It is not allowed to switch them after a performance reward. Only requests for fresh accounts where no deal is placed will be accepted for a platform switch.
The Overall Drawdown Limit for the Instant Funding Account is 5%.
Key Points to Understand:
Example 1:
Start of Day 1:
Starting Balance/Equity: $100,000
Initial Overall Drawdown: 5% of $100,000, which means the stop-out limit is set at $95,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
During Day 1:
New Balance: $103,000
Overall Drawdown: $103,000- $5,000 = $98,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
Day 2:
Starting Balance/Equity: $101,000
Allowed Overall Drawdown: The stop-out limit remains at $98,000 as it is based on the highest balance of $103,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.
Funded Trader Markets provides a user-friendly platform where traders can access virtual capital and trade up to $2,000,000. Key features include: