FAQs
Start your trading journey by scrolling to the “Funding Evaluations” section of the website. Select the challenge under the account size you’d like to participate in. You will then be able to purchase the challenge you want to take part in. After your evaluation is purchased, our system will send your account credentials to your email address instantly. Remember to read through our FAQ for the specific trading objectives and rules before beginning.
We are unable to accept traders from the following countries:
Cuba
Iran
Lebanon
Syria
North Korea
Libya
Russia
Sudan
Somalia
Traders must be at least 18 years of age and able to complete a KYC identity verification one they pass the evaluation stages. These documents can include drivers license, passport, ID’s, Proof of address documents bank statements, utility bills and more.
Base leverage on all simulated accounts are set at 1:100 with FXCH, during the evaluation as well as the funded trader stage.
Please have a close look at the contract sizing provided by the price provider before beginning the program, as different instruments will carry different levels of margin on all paper trading accounts.
The profit target during the 1-Step evaluation is a 10% gain from the starting balance of the account. For example, if the starting balance is $200,000, your profit target is $20,000. There is no profit target during the funded trader stage.
All payouts are sent through Bank and Cryptocurrency
When traders are eligible for commission payouts, they will have the option to receive performance commission payouts on either there bank account or the BTC (Bitcoin Network) or USD-T (ERC-20 Network).
Payouts are reviewed and sent to the trader within 1-5 full business days of the request, please be mindful that weekends and U.S. holidays would not be a part of the processing time.
Once the necessary calendar days have passed for your payout schedule, you will see a button appear on your dashboard titled “request payout”. Once this button is selected, your funded trader account will go into review and you will receive a confirmation from us via email to confirm the commission payout.
If you run into any issues finding the payout button, you may also request a commission payout via live chat once you are eligible.
Which payment methods can I use to purchase an evaluation?
You can purchase an evaluation through our credit/debit card processor. You also have the option to purchase through crypto such as BTC, USDT, ETH, or USDC. You can find the credit card option as well as the cryptocurrency option at checkout.
When purchasing an evaluation using crypto, please allow up to 30 minutes for your payment to receive multiple confirmations within the blockchain. Once confirmed, our system will send your evaluation credentials by email.
Please be check your spam/junk folder if the email does not show up in your regular inbox.
If in any case you don’t receive your credentials within 60 minutes, reach out to our live chat or support email and we will get you set up properly.
Email: [email protected]
Congratulations! Make sure all positions are closed and confirm you have a minimum 10% gain on the challenge account while respecting all challenge parameters. At this point, your challenge will be labeled as “Funded”
Our system will generate the Funded trader stage immediately once the challenge is complete. The Funded trader stage will be labeled as “Pending”.
This is the time to submit all KYC information and the funded trader agreement to your dashboard.
Once these documents have been provided, your experienced trader account will be enabled to trade exactly 1-3 full business days later.
If the challenge stage is passed without the use of HFT/Latency arbitrage bots, there will be absolutely no-limit on the amount of virtual profit you can earn.
If a trader utilizes HFT during the evaluation stage at any point in order to assist with passing, the funded account profit split will reach its limit once a trader has gained 8% from the starting balance of the account. Any positive trading after the 8% gain from the initial balance will not be eligible towards your profit split. Gaining beyond 8% will not break any rules, however these virtual profits would not be included if you have passed with HFT.
For example, if you trade continuously for up to $16,000 profit on a 200k account. The profit split will be based on any virtual profits generated up to this point. You would receive 50%, 80%, or 90% of the numeric value ($16,000 in this case) of the 8% profit on your funded account starting balance.
The 8% maximum gain per payout applies based on the starting balance of the account, and resets after each payout.
This has been introduced to maintain longevity while accessing the community feedback of keeping HFT around for the long term. This allows HFT passers to regularly receive payouts without issues and prevents traders from being prone to attempting high risk activities such as full margining before news or shooting for the moon with gambling-like approaches. Giving traders the sole focus of consistent payouts leads to higher quality trade data for us to access.
Maximum allocation of virtual funding is $2,000,000 , allowing large payouts to remain a consistent opportunity for the trader. As maximum allocation of virtual funding is $2,000,000 , the maximum gains able to be formed into a profit split at one time would be $160,000, which is still rather favorable. This would be done through a simultaneous gain of 8% on 10 separate 200k accounts.