There are no restrictions on trading news events during the evaluation and funded phase.
Certainly! You can 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 $0.50 per round turn (RT).
Ensure that all positions are fully closed by 3:15 p.m. Chicago Time. The trading day commences at 5:00 p.m. Chicago Time and ends at 3:15 p.m. the following day (excluding holidays and weekends). It is prohibited to open any new positions between 3:15 p.m. and 5:00 p.m. Chicago Time.
Yes. For the first four (4) approved payouts per funded account, payout caps apply based on the account size. These payout caps increase by 10% with each approved payout, up to the fourth payout. Any profits above the applicable cap remain in the account and may be requested in future payout cycles, subject to eligibility requirements.
From the 5th approved payout onward, payouts become fully uncapped. All standard eligibility and risk management rules continue to apply.
Yes, to ensure consistent risk management and promote sustainable trading behaviors, traders are subject to a daily loss limit on the performance accounts. On any given trading day, a trader is only permitted to incur a loss of up to 50% of the End-of-Day (EOD) drawdown limit. Surpassing this daily threshold is considered a rule violation.
This measure is in place to help traders maintain their accounts for longer durations and encourage prudent trading habits.
Enjoy the convenience and efficiency of these withdrawal methods to access your rewards quickly and securely.
The Drawdown stops trailing upward once it reaches the initial account balance. This feature distinguishes us from many other firms.
The Pro Drawdown EOD dynamically tracks the account balance at the close of each trading day, factoring in simulated commissions and fees.
When the account balance reaches 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, offering traders a valuable advantage not commonly found elsewhere.
Evaluation: If you break a rule within your evaluation, you can reset the account at any time. (Reset-Fee $99).
However, it’s important to note the following:
1. It’s advisable to reset your evaluation account if it has more than 15 trading days left before its expiry.
2. Resetting your account will reset the account balance and the trading days to “0”. However, it doesn’t mean that you will get an additional 30 days, as the account will still expire on its original expiry date.
For example, resetting your account will not result in you getting an additional 30 days.
Performance Account: If you break a rule while trading a performance account, you will have to requalify via a new evaluation because a Performance account cannot be “Reset.”
If you have ongoing fees for the performance account, the subscription will be automatically canceled.
Absolutely not. Five 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 target, even if it takes several months. The billing cycle renews every 30 days.
No. 4Proptrader is not classified as a funding company. Instead, it operates as a recruitment firm for traders seeking funding opportunities. Upon completing the evaluation, traders 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 Trading Account". Account resets are processed immediately and may take up to 5 minutes to reflect in your account.
We offer several payment options for evaluation accounts. You can conveniently complete your purchase using any of the following methods:
1. PayPal
2. Apple Pay
3. Credit or Debit Card (Visa and Mastercard accepted)
If a payment fails, please contact our support team for assistance. However, please note that if you have an active evaluation and the payment cannot be processed, your account will be deactivated.
No, you do not have to pay for the data once you are funded. It remains completely free of charge for non-professional users.
No additional platform fees apply when using supported platforms with DXFeed. Note that DXFeed Level 2 market data is available separately for an additional fee.
However, as a performance account trader, you are responsible for any fees charged by your chosen trading platform. It is your responsibility to cover all costs related to the use of that platform.
You can use any platform that supports DXFeed connectivity
To complete the funding process, you must submit a valid government-issued identification document.
Acceptable forms of identification include:
- National Identification Card
- Passport
- Driver's License
Other government-issued identification
Please ensure that your document displays a valid expiration date and your date of birth.
You can change your password by clicking on "My Account" in the dashboard. From there, you can update your account details and password.
No. 4PropTrader uses a one-time payment model, there are no recurring monthly subscriptions.
Each evaluation account is valid for 30 days. If you do not reach the required profit target before the account expires, you can extend its validity for another 30 days from the Manage Accounts section of your dashboard and continue trading on the same account.
Note that if you initially purchased your evaluation account using a discount or promotional offer, the extension will not be available at the same discounted price. However, you are welcome to redeem any active promotion or discount available at the time of extending your account's validity.
As of September 15, 2023, we have implemented a new one-time fee structure for performance accounts. This fee covers your account for a full year. The fees are outlined below based on the account size:
Additional optional services, such as DXFeed Level 2 market data, are subject to separate fees.
If there is an active promotional offer with a coupon code, it is your responsibility to enter it during checkout.
Be sure to verify that the coupon discount is applied before completing your purchase.
If you forget to use a coupon code, we will not be able to modify or adjust the amount charged to your account.
Becoming a top trader starts with the right environment. 4PropTrader offers market-leading, risk-free conditions for your trading journey. All accounts operate with simulated funds — no real currency is involved. This allows you to build skills and confidence without financial risk. With our programs, you can grow and excel as a trader.
