Account Size
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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.
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
Hard Rules - These will result in a failure
- Do not breach our daily simulated loss limit of 6%
- Do not breach our total drawdown limit of 6%
Soft Rules - These will not result in a failure
- Do not hold trades during weekends. All trades will be automatically closed by 21:30 GMT on Friday (16:30 EST on Friday).
Profit Increase Circuit Breaker
When the trader makes a simulated 20% on the account there is a circuit breaker. This enables us to increase the simulated profit share available for withdrawal automatically from 80% to 90%.
Simulated Loss
Daily Simulated Loss
Daily Simulated Loss will start at 6% of the original account size. Then, with each new trading day, it will become 6% 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 simulated loss limit is by example:
The trader has a $100,000 simulated account. Daily simulated loss is 6% of the balance of the previous day.
Example 1
Previous Day Starting Simulated Balance at 23:59 = $100,000
Daily Simulated Loss Limit = $6000 (6%)
$100,000 – $6000 = $94,000
Example 2
Previous Day Starting Simulated Balance at 23:59 = $105,000
Daily Simulated Loss Limit = $6300 (6%)
$105,000 – $6,300 = $98,700
Relative Trailing Maximum Simulated Loss
Our Maximum Simulated Loss works by trailing by 6% of the initial simulated balance from the high water mark. The high water mark is measured using the account balance. On this FT+ Trader account, once you have reached 6% simulated profit, the Maximum Simulated Loss no longer trails and the total account size becomes your lowest point of loss. The best way to explain our Maximum Simulated Loss is by example
Example – Trader has purchased the $50,000 simulated account
Simulated Balance in account = $61,000
Total Maximum Simulated Loss Limit = $11,000
Trader withdraws simulated $4,000. Trader gets $3,200 (80%)
Simulated Account size is now $57,000
$57,000 – $50,000 = $7,000
Trader has a $7,000 total maximum simulated loss allowance or 14%
We pride ourselves on being simple, transparent and trustworthy. As such we like to give our customers as much flexibility as possible. This is why we allow:
- Trading and holding overnight.
- 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
$5,000
10%
$5,500
$10,000
(plus the profit you made from the last level)
10%
$11,000
$25,000
(plus the profit you made from the last level)
10%
$27,500
$50,000
(plus the profit you made from the last level)
10%
$55,000
$100,000
(plus the profit you made from the last level)
10%
$110,000
$200,000
(plus the profit you made from the last level)
10%
$220,000
$400,000
(plus the profit you made from the last level)
10%
$440,000
$800,000
(plus the profit you made from the last level)
10%
$880,000
$1,600,000
(plus the profit you made from the last level)
10%
$1,760,000
$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.