Qualification program

1

Demo

2

Qualification

3

Funding

Choose what fits you best

Classic option

For learning traders. Reach at least +6% profit within minimum of 10 days, avoid weekly loss and drawdown.

Starting capital

$30,000

$50,000

$100,000

Select your starting capital

Profit target

$1,800 (6%)

$3,000 (6%)

$6,000 (6%)

Weekly loss

$600 (2%)

$1,000 (2%)

$2,000 (2%)

Drawdown

$1,200 (4%)

$2,000 (4%)

$4,000 (4%)

Max position size

$6,000 (20%)

$10,000 (20%)

$20,000 (20%)

Instruments

S&P 500, Russel 2000, Nasdaq 100 (except for tickers with Market Cap Size less than $250M, and Average Daily Volume less than 100,000 shares).

Subscription cost

$100 per month

$150 per month

$300 per month

F.A.Q.

If I open a new account, will my other account(s) close automatically?

No, you may have multiple accounts open at the same time, and other accounts will not be closed automatically.

How does the 2% Maximum Weekly Loss work at Classical version of the Stage 2?

It works in a same was as the Maximum Daily Loss, but does so based on the last seven calendar days, rather than just a single trading day. Example #1 If a trader has had a maximum portfolio value of $30,000 and he has not traded over the past 7 calendar days (i.e., the portfolio is still at $30,000), then the loss amount the trader should avoid is $600 (2% of the portfolio value). You can find full explanation with more examples in our blog

Can I change my account size after I get started in the qualifying stages?

A user is able to change an account size at Stage 1 or Stage 2 at any time (and without needing to open a new account). You would need to go to the start of the current stage and select a different amount.

How long does it take to qualify?

It is entirely dependent on your trading results. There is no time limit as we want you to focus on sound trading strategies that identify positive expected value and high reward-to-risk opportunities.

How do I know what my daily turnover requirement is?

The turnover requirement pertains to one’s starting account balance (i.e., $30k, $50k, $100k). It is not dynamically pegged to one’s current account balance.

What is the deposit turnover requirement?

Traders must turnover their account balance once daily for five days on Stage 1 and the same for ten days on Stage 2. It does not need to be in consecutive days. That means for Stage 1, if you are on a $100,000 account, you must trade in $100,000 of volume in five different days. This requirement increases to $100,000 of trade volume (or whatever the starting account balance) in ten different trading days for Stage 2.

What does “daily deposit turnover” mean?

Daily deposit turnover refers to the need to trade the equivalent of one’s account balance in one trading day. This is a requirement during the demo/paper trading phases of the program so traders can demonstrate that they can profit while managing risk at the same time.

Are there time limits? Do I have to reach the 6% profit target within a certain period of time?

No, there are no time constraints.

If I am stopped out of a stage from a 4% drawdown or 2% daily loss, what happens?

If you are in Stage 1 or Stage 2 of the program and incur a 4% drawdown or 2% daily loss, you will return to the beginning of Stage 1.

Can I increase my position size limit?

Yes, position size can be increased individually depending on your trading performance, email us for details.

When can I place my order?

NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.

Why my stop loss orders are rejected?

Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.

Pro option

To succeed with Points PRO stage, you need to prove you can make a profit while avoiding significant losses; however, now there is no longer a profit target. Instead, you need to earn 6 points.

Starting capital

$30,000

$50,000

$100,000

Select your starting capital

Profit target

No targets applicaple

Points

6,00

Weekly loss

No limits

Drawdown

$1,200 (4%)

$2,000 (4%)

$4,000 (4%)

Max position size

$6,000 (20%)

$10,000 (20%)

$20,000 (20%)

Instruments

S&P 500, Russel 2000, Nasdaq 100 (except for tickers with Market Cap Size less than $250M, and Average Daily Volume less than 100,000 shares).

Subscription cost

$100 per month

$150 per month

$300 per month

F.A.Q.

If I open a new account, will my other account(s) close automatically?

No, you may have multiple accounts open at the same time, and other accounts will not be closed automatically.

Can I change my account size after I get started in the qualifying stages?

A user is able to change an account size at Stage 1 or Stage 2 at any time (and without needing to open a new account). You would need to go to the start of the current stage and select a different amount.

How long does it take to qualify?

It is entirely dependent on your trading results. There is no time limit as we want you to focus on sound trading strategies that identify positive expected value and high reward-to-risk opportunities.

How do I know what my daily turnover requirement is?

The turnover requirement pertains to one’s starting account balance (i.e., $30k, $50k, $100k). It is not dynamically pegged to one’s current account balance.

If I am stopped out of a stage from a 4% drawdown or 2% daily loss, what happens?

If you are in Stage 1 or Stage 2 of the program and incur a 4% drawdown or 2% daily loss, you will return to the beginning of Stage 1.

Does Alternative Stage 2 Points PRO have a minimum profit target?

No, you must make a minimum of 6 points.

To succeed with Points PRO stage, you need to prove you can make a profit while avoiding significant losses; however, now there is no longer a profit target. Instead, you need to earn 6 points. Here’s how it works:

Mathematically, points are granted to you according to the formula

4 tanh(x/4)

and taken away from you according to formula

4 tanh-1(x/4)

Points are granted and taken away according to graph:

This graph shows that if your strategy brings you more and more profit, you will not be grated points in the same way - the more profit you make, the less points you get (max 4 points per day) and with more risk the higher is chance to loose points (max -8 points can be taken away within one trading day). For example 2% profit gets 1,8 points; -3% loss takes away -4 points.

Can I increase my position size limit?

Yes, position size can be increased individually depending on your trading performance, email us for details.

When can I place my order?

NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.

Are commissions/trading fees applicable?

Commission charges are emulated in Stage 1 and Stage 2 of the program, and will be applied on the funded real-money account. The fees are as follows: US Markets (NYSE, NASDAQ): $0.001 per share (min $0.20 per trade).

Why my stop loss orders are rejected?

Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.

Ready to get funded?