There are no limitations on trading the news during the evaluation phase or on your funded account.
Certainly! You have the opportunity to trade micros among our approved products.
You can trade up to 10 times the number of micro contracts for 1 standard contract. For example, on a $50,000 account, you can request to trade up to 50 micro contracts of MNQ instead of 5 standard contracts of NQ.
During the evaluation phase, micros are subject to a commission of $1 per round turn (RT).
Ensure that all positions are fully closed by 3:15 PM CT. The trading day commences at 5 PM CT and concludes at 3:15 PM CT (excluding holidays and weekends). It is prohibited to open any new positions between 3:15 PM CT and 5 PM CT.
Absolutely yes! As a funded trader, you have the freedom to withdraw your profits without any limitations from day one in your funded account. For Example: When you meet the withdrawal threshold, which is set at $3,500, you can start making unlimited profit withdrawals from day one. There is a minimum withdrawal amount of $1,000, and requests are processed on the same day they are made.
For instance, let's consider a scenario on Day 1 where a trader with a $100,000 account has accumulated $7,500 in profits. Since the threshold is $3,500, the trader is eligible to withdraw an amount of $4,000!
Withdrawal requests are processed on Mondays and Fridays.
Enjoy the flexibility of accessing your profits and making withdrawals as per your trading success.
No, there is no upper limit on withdrawals once you become funded and generate profits in your funded account. You have the freedom to withdraw any amount of profit that you have accumulated, without any maximum restrictions. Enjoy the flexibility of accessing and withdrawing your funds based on your trading success and financial goals.
Understanding the Daily Loss Limit:
The Daily Loss Limit for our trading accounts is directly linked to the account's initial Drawdown Limit, not the fluctuating account balance. For instance, if you're using a 50k account with an initial Drawdown Limit of $2,500, your Daily Loss Limit will be set at $1,250. It's essential to remember that even as your account balance changes due to profits or losses, this Daily Loss Limit remains static and is always based on the initial Drawdown Limit. This structure is designed to foster consistent risk management practices among our traders.
After becoming funded, you have the option to request a withdrawal through Bank Wire. You have the flexibility to request withdrawals at Mondays to Fridays. The processing time for withdrawals may vary, typically taking 1-2 business days for the funds to post to your account (Please refer to your banking institution for specific posting times). Enjoy the ease and efficiency of these withdrawal options to access your profits swiftly and securely.
The Drawdown will cease to trail upward once it reaches the initial account balance. This unique feature sets us apart from other companies. The Pro Drawdown EOD dynamically tracks the account balance at the end of the trading day, factoring in simulated commissions and fees. Whenever the account balance achieves a new all-time high, the drawdown will also trail and increase by the same amount until it reaches the initial account balance. At that point, it stops trailing further, providing you with an advantage not commonly found elsewhere.
Evaluation: If u break a rule within your evaluation, you can reset the account at any time (Reset-Fee).
Funded Account: If u break a rule while funded, you will have to requalify via a new evaluation. If you have ongoing fees for the funded account, the subscription will be automatically cancelled.
Absolutely not. Having 10 trading days is the minimum requirement for eligibility with our funding partners. However, there is no maximum limit on the number of trading days. You can continue trading until you reach your profit target, even if it takes several months. The billing cycle occurs every 30 days.
No, 4proptrader is not classified as a funding company. Instead, it functions as a recruitment company for traders seeking funding. Upon successfully completing the Evaluation, traders will receive a Performance trading account.
No, your account balance will not be reset when your monthly subscription renews. Your trade history, executions, and the number of days traded will continue as usual, and there will be no new account created. If you have violated any of the rules and wish to reset your balance, you can do so for a fee of $90. Simply log into your dashboard and click on "RESET" to initiate the process. This will reset your starting balance and evaluation rules. Alternatively, you can start a new evaluation account by logging into your dashboard and clicking "add Tradingaccount". Account resets are processed immediately and may take up to 5 minutes to reflect in your account.
During the Evaluation, you have the flexibility to trade the maximum number of contracts allotted based on your account size. There are no limitations on a daily, weekly, or monthly basis. For instance, if your Max Position Size is set to 5, you can choose to Long 3 contracts of CL (Crude Oil) and Short 2 contracts of ES (E-Mini S&P).
Once you become funded, the same number of maximum contracts applies as in the evaluation.
We offer multiple payment options for evaluation accounts, including credit/debit card payments and Paypal. We accept Visa and Mastercard as payment methods.
If payments fail, please contact our support at any time.The Account will be deactivated, if you are already in an Evaluation and the ongoing Payment cannot be processed.
Once you have started your evaluation, the payment phase begins. As long as your evaluation is running, the money will be debited monthly from the time of registration.
No, you don't have to pay for the data even after being funded. It remains completely free of charge (for "non-professional" users).
No, there are no platform fees for using R|Trader Pro, powered by Rithmic (our data feed provider), on both the Evaluation and Funded Accounts.
However, as a funded trader, you are responsible for any fees associated with the trading platform. It is your responsibility to cover all costs related to the use of trading platforms.
You have the flexibility to choose any platform that supports Rithmic connection.
To complete the funding process, you will need to submit a valid form of government-issued identification. This can include documents such as a National Identification Card, Passport, Driver's License, or any other acceptable identification. Please ensure that the document has a clear and valid expiration date and prominently displays your Date of Birth.
Of course you can change your password, just click on "my Account" in the dashboard. Here you can change your account details and your password.
You can cancel your subscription at any time in your dashboard. Please note that your evaluation account will automatically expire after termination of the subscription.
Starting from 15.09.2023, we have introduced a new one-time fee structure for funded accounts. This fee covers your account for an entire year. Here are the fees based on the account size:
Here all costs are included.
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