We developed a simple, straight forward set of rules that allows us to assess a traders ability to trade our capital.
The rules are designed to discourage gambling/yolo type behavior, while encouraging consistent profitable performance.
Once you reach Level 4 you will be trading on a 100% verifiable A-Book trading account. This means that your trades are going to the real market for execution. So, when you profit, we profit, and we both win.
Level 1- Challenge
Profit Target: 10%
Daily Drawdown – NONE
Maximum Drawdown - 7%
Is Drawdown trailing? Yes, it trails based on end of day balance. Once the person reaches 7% profits on the account it stops trailing.
Consistency – Yes, >40%
Level 2 - Challenge
Profit Target: 5%
Daily Drawdown – NONE
Maximum Drawdown - 7%
Is Drawdown trailing? Yes, it trails based on end of day balance. Once the person reaches 7% profits on the account it stops trailing.
Consistency – Yes, >40%
Level 3 - Funded
Profit Target: 10%
Daily Drawdown – NONE
Maximum Drawdown - 7%
Is Drawdown trailing? Yes, it trails based on end of day balance. Once the person reaches 7% profits on the account it stops trailing.
Consistency – NO
Payout – Yes, 75% of your profit target. You can request on demand for your initial withdrawal. And then every 14 days there after.
Disqualification Coupon – Yes, if you get disqualified from the challenge we will reward you with a 5% coupon for your next phase as a token for making it this far.
Level 4 - Funded A-book
Profit Target: NO
Daily Drawdown – NONE
Maximum Drawdown - 5%
Is Drawdown trailing? No, it is static in the funded side
Consistency – NO
Payout – Yes, 75% and can request withdrawals on demand. (after first withdrawal per calendar month an admin fee with apply. The admin fee is currently $35 + 1% of the withdrawable amount.
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