Everything you need to know about our forex funding accounts, prop trading rules, and affiliate programs.
The Standard (Simulated Funded) account offers a default 80% profit split.
The Overall Drawdown Limit for the Instant Funding Pro Account is 3%.
Key Points to Understand:
Trailing Overall Drawdown: The Overall Drawdown is calculated based on your account’s Highest Balance (Maximum Balance Watermark) and does not reset daily at 5 PM EST. It consistently remains at 3% of the INITIAL BALANCE from the peak balance and is always trailing.
Example 1:
Start of Day 1:
Starting Balance/Equity: $100,000
Initial Overall Drawdown: 3% of $100,000, which means the stop-out limit is set at $97,000. 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- $3,000 = $100,000. 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 $100,000 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.
Yes, after registering your account as an individual, you can switch an account under your company name by providing additional documents along with your KYC that confirms your ownership share in the company.
The maximum lot size for each position is restricted to 50 lots. Nevertheless, you are free to open multiple 50-lot positions, provided your account margin can support it.
While trading with a prop firm offers excellent opportunities, there are risks to consider. If you exceed drawdown limits or fail to follow risk management rules, your account may be suspended. Some firms may also restrict certain trading strategies or instruments. Understanding and managing these risks is key to long-term success.
Important points to note when Requesting a Reward from an Instant Funding Plus Account:
Example 1: (Less Than 6% Profit)
Account Size: $100,000
Current Profit: 4% ($4,000)
Highest Recorded Balance: $105,000
Trailing Drawdown Calculation: $105,000 – (6% of $100,000) = $99,000
Scenario 1: Full Withdrawal of Profits
Withdrawal Amount: $4,000
Remaining Daily Limit: $100,000 (balance reset) – $99,000 = $1,000
Scenario 2: Partial Withdrawal of Profits
Withdrawal Amount: $2,000
Available Drawdown: $3,000
Example 2: (6% Profit Achieved)
Account Size: $100,000
Current Profit: 6% ($6,000)
Trailing Drawdown Fixed at Initial Balance: $100,000
Scenario 1: Full Withdrawal of Profits
Withdrawal Amount: $6,000
Remaining Overall Limit: $100,000 (balance reset) – $100,000 (fixed limit) = $0
Result: Breach of account due to no remaining drawdown limit.
Scenario 2: Partial Withdrawal of Profits
Withdrawal Amount: $4,000 Instead of $6,000
Available Drawdown: $2,000 ($106,000 – $104,000)
Result: No breach of account and the remaining Overall Drawdown Limit becomes $2,000 ($102,000 – $100,000)
The maximum allocation per member is $300,000 for 2-Step Plus Accounts.
Choose the program and account size that aligns with your trading strategy. Once selected, complete your registration by paying the associated fee. Your login credentials will be sent to you via email automatically.
If you do not receive your login details within an hour of completing your purchase, please contact us through our website’s chat support or by emailing support@fundedtradermarkets.com, and we will promptly assist you.
The Simulated Profit Target for the 1-Step Nitro X Evaluation is 6%.
Example:
Account size: $100,000
Profit Target: $6,000 (6% of $100,000)
The Nitro (Simulated Funded) account offers a 90% profit split on the first $10,000 of profits earned. After reaching this threshold, the profit split transitions to 80% for subsequent profits.
Note: This does not apply on Free accounts offered via Giveaways, Games, and/or Partnerships. They are always only eligible for a 80% profit split.