The bundled payout rule works like this – if you buy a challenge with FET, then you buy another challenge and scale… You can NOT request a payout cert for just one of the accounts once payout time is achieved. The payout cert can only be initiated as a bundle with all the accounts you have. When all accounts are ready for it’s time of payout cert, only then you can initiate the payout cert. This ensures a bigger payout cert for you, and a view into your proven trading strategy.

Here’s a summary of the payout structure in your program:

• Payout 1: Your first payout will be made 35 trading days from the first trading day on your expert trader account. The performance commission for this payout is 80%.
• Payout 2: After your first payout, you will receive a new “expert trader” simulated account. You can continue trading, and your second payout becomes eligible 14 days later. The performance commission for this payout is 89%.
• Payout 3: Upon reaching the third payout, you will be provided with a new account once again. At this stage, you gain access to weekly payouts in exchange for your simulated performance. The performance commission for this payout is 90%.
• Payout 4: Upon reaching the fourth payout, you will be provided with a new account once again. At this stage, you gain access to weekly payouts in compensation for your simulated performance. The performance commission for this payout is 100%.

There is no time limit to pass the evaluation stage. Once you hit the 10% profit target, you advance to the funded trader phase. This can be done in 10 days, 5 hours, or even 1 minute!

Base leverage on all simulated accounts is set at 1:100 during the evaluation as well as the funded trader stage.
We still urge you to study the contract sizing before starting the challenge. Paper-trading accounts may vary in leverage based on sizing.

You must be 18 years old or above to sign up with our prop firm.

You start off with an 10% profit target in the first stage. If you start with $10,000, your profit target is $1000. During the expert trader stage, there is no profit target

You can get up to $1,200,000 in simulated funding.

All payouts within our program are exclusively processed through cryptocurrency and PayPal.

The 5% Max Daily Drawdown is primarily based on your initial account balance at the reset time, before any trades are executed. This reset occurs each day at 00:00 PM Market Watch Time (5:00 PM EST).
Additionally, this metric is also calculated based on the highest equity point reached during the trading day.
It’s crucial to ensure that your account balance does not fall 5% below the initial balance at the reset time or 5% below the highest equity point achieved within a single day.

Counting Formula:
Highest balance or equity of the day (whichever is higher) – current equity.

The 8% Maximum Total Drawdown for the Funded Stage and the 12% Max Total Drawdown for the Evaluation Stage are trailing metrics that track both account balance and equity.

For example, if you start with a $100,000 funded account, your maximum loss level will be set at $92,000. If your account balance or equity reaches $108,000, your trailing drawdown meter will be set at $100,000. This trailing drawdown will always be 8% below the highest balance or equity.

It is the responsibility of each trader to manage risk in accordance with these rules while trading our funded accounts. Any violation of these drawdown rules will result in a loss of the funded account.

Traders will have access to their maximum daily and total drawdown levels on their dashboard at all times. While monitoring your balance is important during the “funded trader” stage, it’s equally important to ensure that your equity fluctuations do not exceed a 4% difference in one day or an 8% difference in total.

Whether you favor Support/Resistance, Candlestick Patterns, Supply/Demand, EAs, or Smart Money Concepts, you have the freedom to apply them to our simulated accounts.
We acknowledge that the world’s most successful traders come from diverse backgrounds and employ various strategies.

You’ve already done a lot, congratulations! At this point, you’ll want to close all positions and confirm you’ve achieved a minimum of 8% profit from your starting balance. Make sure you respect all challenge parameters!
After all is confirmed, your challenge will be marked as “Completed.”
Our system will immediately progress you to the “Funded Trader” stage upon completion of the challenge. During this phase, your status will be marked as “Pending.”
At this stage, we kindly request that you submit all necessary KYC (Know Your Customer) information and the funded trader agreement through your dashboard.
Upon successful submission of these documents, your “Funded Trader” account will be activated for trading within three full business days. This activated account will serve as your paper trading account, making you eligible for commission payouts.
Please take note: If you encounter any difficulties with the third-party verification gateway, don’t hesitate to contact our team via live chat. We will manually reset your KYC status for re-submission to ensure a smooth process.