Stage 1: All traders start with a $50K trading book, regardless of their background, experience or track record. We give all our traders an equal opportunity to prove themselves as a profitable trader. Profit withdrawals of 5% blocks are independent from the growth targets of 10%.
Stage 2: If you can make a 10% return on your $50K trading book – growing your account to $55k, we will double your initial funding to $100k, or $105k net. The 10% amount of $5k must be maintained in the account and may not be withdrawn. This is independent of any 5% profit withdrawals. Traders have to separately maintain the 10% for the growth target. The order cap of 0.5 is removed.
Stage 3: If you can make another 10% return on your $100K trading book – growing your account to $115k net, then we will double your account value once again, up to $200k, or $215k net. Again, the $15k amount must be kept in the account. Trades may opened outside London trading hours.
Stage 4: For the final stage, you must make 10% once again on your $200K trading book, giving you a net of $235k. If you can succeed here we will allocate $1 Million to you and you will become one of our fund managers. At this stage you will no longer have to pay a subscription.
You can withdraw 5% profit withdrawals at anytime. However, if you withdraw any part of the growth amounts retained along the way your account will be rolled back to the lower levels. Therefore, you may withdraw your share of the retained profit at any point of this path, however you will not be able to grow further without reaching the net figures for each stage.You will not be rolled back to lower funding levels unless you breach the mandatory 10% drawdown limit.