Account Size
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PHASE ONE | PHASE TWO | VORBEX+ TRADER |
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All prices shown exclude VAT.
VAT is payable by customers from the UK and Europe only and VAT will be added at the checkout.
*Fees exclude your personal bank fee and any transfer fees associated with currency conversions.
Our Advanced Trader Program has one main advantage over the Experienced Trader Program, customers get access to a greater max simulated loss. Customers who want to utilise the flexibility these advantages give them will need to pass two evaluation stages. Having two stages helps us to manage our risk and ensures we have the capital to fund the successful advanced traders. Customers on this program can enjoy the same simple rules of the Experienced Trader Program.
Phase 1 – Assessment #1
- 10% Simulated Profit Target
- 10% Simulated Maximum Loss
- 5% Daily Simulated Loss limit
Phase 2 – Assessment #2
- 5% Simulated Profit Target
- 10% Maximum Simulated Loss
- 5% Daily Simulated Loss limit
Phase 3 – VORBEX+ Trader
Completing the Assessment phase 2 will gain you a simulated Funded Trading Account for you to place trades.
Simulated Profit Share & Withdrawals
We operate a 80/20 simulated profit split, Once users have achieved 20% simulated profit on their FT+ Trader account, all simulated profits over this amount can be changed to a 90/10 upon reaching 20% simulated profit. Once you reach 30% simulated profit, traders can request the simulated profit split to be changed to 100/0.
You can withdraw any simulated profit you make on your FT+ Trader account over $50 once per week.
Simulated Loss
Hard & Soft Rules
We have simple hard and soft rules in place to protect our capital as well as the simulated profits generated by our active traders.
Hard Rules - These will result in a failure
- Do not breach our daily simulated loss limit
- Do not breach our total maximum simulated loss limit
Soft Rules - These will not result in a failure, it will just closure of the trade that breached the soft rule:
- Do not hold trades during weekends. (All trades will be automatically closed by 16:30 EST on Friday).
- You must have a Stop Loss for each new trade. If you don’t the trade will automatically be closed.
Daily Simulated Loss
- Daily Simulated Loss will start at 5% of the original account size. Then, with each new trading day, it will become 5% of the prior day’s balance. This update happens when the server’s clock hits 23:59 and prevents you from losing too much in a single day. The best way to explain the daily loss limit is by example:
Example 1
Previous Day Starting Simulated Balance at 23:59 = $100,000
Daily Simulated Loss Limit = $5000 (5%)
$100,000 – $5000 = $95,000
Example 2
Previous Day Starting Simulated Balance at 23:59 = $106,000
Daily Simulated Loss Limit (5%) = $5300
$106,000 – $5300 = $100,700
Note: If the trader has winning trades in a given day, the amount those winning trades make is added to the daily simulated loss down allowance for that day.
Relative Trailing Maximum Simulated Loss
Our Relative Maximum Simulated Loss works by trailing by 10% of the initial simulated balance from the high water mark. The high water mark is measured using the simulated account balance. Once the maximum simulated loss has reached the initial balance, it no longer trails. The best way to explain the total trailing maximum simulated loss is by example:
Example 1
Starting Simulated Balance = $100,000
Total Maximum Simulated Loss Limit = $6000 (6% of initial starting balance of $100,000)
6% of $100,000 = $6000. $100,000 – $6000 = $94,000
Example 2
Total Maximum Simulated Loss Limit = $6000 (6% of initial starting balance of $100,000)
Day Starting Simulated Balance = $106,000
6% of $100,000 = $6000. $106,000 – $6000 = $100,000
FT+ Trader Account Drawdown
On a FT+ Trader account, once you have reached 10% simulated profit, the maximum simulated loss no longer trails and the total simulated account size becomes your lowest point of loss. This means if you are on a $100,000 simulated account and you achieve $111,000 you would now have a total simulated maximum loss allowance of 11%. In this example, your account can not go below $100,000 once $110,000 is achieved. Please be aware that when you come to withdraw your simulated profits, you should leave a sensible amount in your account to cover any loss you might expect. This is because your simulated account cannot fall below the total allocated to you (in this example that would be $100,000).
Example 1
Simulated Balance in account = $115,000.
Total Maximum Simulated Loss Limit = $15,000.
Trader withdraws simulated $6000. Trader gets $4800 (80%).
Simulated Account size is now $109,000.
$109,000 – $100,000 = $9000.
Trader has a $9000 total maximum simulated loss allowance or 9%.
Example 2
Simulated Balance in account = $110,000.
Total Maximum Simulated Loss Limit = $10,000.
Trader withdraws simulated $10,000. Trader gets $8000 (80%).
Simulated Account size is now $100,000
$100,000 – $100,000 = $0.
Trader has no maximum simulated loss allowance, the account is automatically closed
What’s Allowed
We pride ourselves on being simple, transparent and trustworthy. As such we like to give our traders as much flexibility as possible. This is why we allow:
- Trading and holding overnight.
- Unlimited time to complete the assessment phases.
- Any strategies including Expert Advisors (Providing they do not utilise arbitraging methods).
Our Industry Leading Scaling Plan
We believe our scaling plan is now the best in the industry. With it, you can trade your way to trade up to a $2,500,000 simulated FT+ account.
- No time restriction
- You can use your simulated profit to fund your next scale up
- You can chose to withdraw your simulated profit – subject to new static maximum simulated loss
- Static maximum simulated loss always locked at scaled account size
The idea of scaling is that it gives our customers much greater buying power, not more loss limit. This way, we can make scaling very simple without all the usual hurdles
We don’t
- Force customers wait several months per each scale
- Force consistency rules over a period of time (make a profit percentage each month for four months)
- Prevent customers from withdrawing any of their own profit before or after they scale
- Have a minimum number of trades required for scaling
We do
- Allow customers to scale as often as once a day every day until $2,500,000
- Allow customers to scale without waiting months
- Allow customers to scale without consistency rules
- Allow customers to scale as soon as they have the scaling simulated profit target in their simulated balance on their account
Withdrawals
You can withdraw before or after scaling, but withdrawals reduce your simulated account balance and do not count towards the simulated balance required for scaling.
How to Scale Up
Once you make the required simulated profit or greater on your FT+ Trader Account—10% on Experienced Trader and Master Trader Programs, 20% on the Advanced Trader Program. Close your open trades and then open a ticket via LiveChat or our Contact Page and ask to scale up. Please allow up to 2 business days for this to be completed.
FT+ Trader Account Starting Size
Profit Required To Scale
Balance Required For Next Level
$25,000
20%
$30,000
$50,000
(plus the profit you made from the last level)
20%
$60,000
$100,000
(plus the profit you made from the last level)
20%
$120,000
$200,000
(plus the profit you made from the last level)
20%
$240,000
$400,000
(plus the profit you made from the last level)
20%
$480,000
$800,000
(plus the profit you made from the last level)
20%
$960,000
$1,600,000
(plus the profit you made from the last level)
20%
$1,920,000
$2,500,000
(plus the profit you made from the last level)
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Does my Account expire?
Your account would only expire in the event that you do not place at least one simulated trade in a 30 day period.
Markets Replicated within our Simulated-Live Environment
To improve our programs, we are constantly updating the market instruments available to trade.