1. As your account balance increases, the Pro Drawdown EOD adjusts upward by a fixed increment.
2. The Pro Drawdown EOD is calculated dynamically at the end of each trading day.
3. If your account balance decreases, the Drawdown value remains unchanged.
To monitor your Pro Drawdown EOD, you can use Rithmic RTrader Pro’s Auto Liquidate Threshold Value feature.
You can also view your Pro Drawdown EOD in the dashboard at the end of each trading day.
Once the Pro Drawdown EOD reaches your initial starting balance, it becomes fixed for the remainder of your evaluation. If your account balance touches or falls below this value, your evaluation account becomes ineligible for funding. The calculation of the Pro Drawdown EOD includes simulated commissions and fees.
Example: For a $50,000 account with a $2,500 drawdown limit, if the trader earns $500, the drawdown rises accordingly. This means that the account would not be lost at $47,500, but rather at $48,000.
However, if the trader has managed to make a profit of over $2,500, then the drawdown will no longer follow, but will remain at the initial balance. In this case, at $50.000.
Commissions are 1% of the margin.
The Pro Drawdown EOD is set at $3,500.
Day 1: Open position balance: +$100,200 → Closed at $100,000 → Drawdown: $96,500
Day 2: Open: +$100,500 → Closed at $99,000 → Drawdown: $96,500
Day 3: No trades → Balance: $99,000 → Drawdown: $96,500
Day 4: Open: +$102,000 → Closed at $100,000 → Drawdown: $96,500
Day 5: Open: +$108,000 → Closed at $105,000 → Drawdown: $100,000
Note:Unrealized winnings are not included in the Pro Drawdown EOD calculation.
ONLY FOR FUNDED ACCOUNTS
To ensure consistent risk management and promote sustainable trading behaviors, traders are subject to a daily loss limit. On any given trading day, a trader is only permitted to incur a loss 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.
N.B.. The daily loss limit applies to both the current trading day and any open positions. If a position is held overnight, the daily loss does not reset.
Understanding the Daily Loss Limit:
The Daily Loss Limit is calculated based on the starting balance of each trading day, not the initial Drawdown Limit or fluctuating account balance. For instance, if you begin the trading day with a balance of $50,000, your Daily Loss Limit will be set at $3,000 (6% of $50,000). Even as your account balance changes throughout the day due to profits or losses, the Daily Loss Limit remains fixed based on that day’s opening balance. This structure is designed to foster consistent risk management practices among our traders.
Please ensure that you do not exceed the Daily Loss Limit, as this constitutes a rule violation and will result in the permanent closure of your account.
The Target is the minimum amount a trader must achieve to qualify for a performance account.
To qualify for placement with our funding partners, you must engage in trading activities for a minimum of 1 trading day in both 1-step and 2-step accounts.
Please keep in mind that you are free to trade on a holiday or during the holidays. However, it's important to note that it will not be counted or considered a trading day except for the crypto market.
Funded traders are classified as independent contractors, and rewards earned from trading are treated as ordinary income. It is advisable to consult the tax laws applicable in your country for specific information regarding taxation.
Enjoy a favourable reward split rate of 95%, with most rewards allocated to the trader.
Additionally, funded traders retain 100% of their first $8,000 in rewards. The 95% split applies only to rewards beyond that amount.
To ensure a genuine opportunity for success, mitigate the risk of drawdowns during withdrawals, and safeguard the longevity of your trading account, traders must meet specific withdrawal conditions before being eligible to withdraw rewards.
1. Withdrawal Threshold – The threshold is set at 3% of the account size plus $100.
2. Minimum Reward Requirement – A withdrawal can only be requested once the trader has achieved at least 8% in rewards on their performance account.
3. Minimum Trading Days – The trader must have at least 4 trading days in the performance account before making a withdrawal request.
4. Minimum Profitable Days – At least 4 of the trading days must be profitable, meaning that on each of those days, the trader must have gained at least 0.5% of the account size.
Let's consider a trader with a $100,000 performance account:
Additionally, the trader must have at least 4 completed trading days. To make a withdrawal, 4 days must have been profitable with a daily gain of at least 0.5% of the account size ($500 for a $100,000 account).
These conditions are in place to encourage consistent and responsible trading while ensuring the long-term sustainability of performance accounts.
To request a withdrawal, use the request button available on your dashboard. Once the withdrawal threshold is met, the Request Button will automatically appear and become accessible.
Withdrawal requests must meet a minimum transfer amount of $500, representing the trader's reward share. (Please note that there needs to be a minimum of $100 safety net above the withdrawal threshold limit once a reward request has been made.)
Withdrawals can be executed through Bank Wire, PayPal, and Cryptocurrency (USDT – Tron Network). Reward requests can be submitted at any time; they are processed within 24 hours and may take up to five business days to arrive.
Traders need to ensure their receiving account can accept USD payments when requesting a reward via wire transfer. If a reward is returned to 4Proptrader due to incompatibility with USD, a second reward will be issued with a $100 fee deducted to cover administrative costs.
When updating your billing information, ensure that all required fields are completed accurately and reviewed thoroughly to prevent errors.
If incorrect billing details are provided and funds fail to reach your bank account, 4PropTrader will not be held liable.
Always double-check that you have entered the correct wallet address before initiating any cryptocurrency transaction. Since these transactions are irreversible, errors can result in a permanent loss of funds.
4PropTrader is unable to retrieve or refund funds sent to incorrect wallet addresses. By submitting a crypto reward request, you accept full responsibility for verifying the accuracy of the wallet information provided.
Note:Customers are solely responsible for paying any applicable gas fees related to the transaction.
To ensure that reward requests are processed successfully, your performance account must be active at the time the request is submitted. Requests from accounts that are deactivated or breached due to violations will be declined.
For instance, if a reward request is made and the account is later disabled for violating trading rules before processing is complete, the reward request will not be approved.
Indices: GER40, FTSE100, NQ100, WS30, S&P500, ASX200, FRA40, Nikkei225, HK50
Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/USD, GBP/AUD, GBP/ CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD, NZD/CAD, NZD/CHF, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY
Crypto: ADA/USD, BNB/USD, BTC/USD, ETH/USD, LTC/USD, SOL/USD, XRP/USD, DOGE/USD, XMR/USD, DASH/USD, NEO/USD
Energies: BRENT, NATGAS
Metals: XAG, XAU, XPT, XPD
US-Stocks: QCOM, JPM, MICRON, AMD, INTEL, ATNT, FERRARI, PFIZER, TSLA, VISA, ZM, META, MSFT, NETFLIX, NVIDIA, ALIBABA, AMAZON, APPLE, BOA, GOOGLE
EU-Stocks: AIR, ALLI, BAYER, IBER, LVMH, VOWGE
You are allowed to hold your positions overnight and over the weekend as long as the market is open. There are no restrictions on how long you can keep a trade open.
Additionally, no swap fees will be charged, regardless of how long you hold your position.
The Target is the minimum amount a trader must achieve to qualify for a performance account.
1. As your account balance increases, the Pro Drawdown EOD will expand by a predefined distance.
2. The Pro Drawdown EOD is dynamically calculated at the End of the Trading Day.
3. If your balance decreases, the Drawdown remains unaffected.
To track your Pro Drawdown EOD, you can utilize Rithmic RTrader Pro's Auto Liquidate Threshold Value feature.
You can also view your Pro Drawdown EOD on the dashboard at the end of each day.
Once your Pro Drawdown EOD reaches your initial starting balance, it remains fixed for the duration of your evaluation. If your account balance touches or falls below this value, your Evaluation Account will no longer be eligible for funding. The Pro Drawdown EOD calculation considers simulated commissions and fees.
Understanding Pro Drawdown for the 1-Step Evaluation (50K Account Example)
In the 1-Step Evaluation, the maximum drawdown is 6%, and the profit target is 10%. This means:
Starting Account Balance: $50,000 Max Drawdown (6%): $3,000 (Account is breached if balance drops to $47,000) Profit Target (10%): $55,000
How the Drawdown Adjusts: 1 Trader makes a $500 profit.
New Balance: $50,500 The drawdown follows by $500, meaning the new breakeven level is $47,500.If the balance drops to $47,500, the account is breached.
2. Trader makes another $1,000 profit.
New Balance: $51,500 The drawdown follows again, moving up by $1,000, now sitting at $48,500.The account will now be lost if the balance falls to $48,500.
3. Trader reaches $55,000 (10% Profit Target).
The drawdown continues to trail up, now set at $50,000.This means the account cannot go below $50,000 anymore.
The drawdown stops moving because the trader has now exceeded the 10% profit target amount of $5,000.
At this point, the drawdown is locked at $50,000, meaning the trader can freely continue trading without the trailing effect.
To pass the evaluation, the trader must reach $55,000, hitting the 10% profit target.
With 4PropTrader, you can have an unlimited number of evaluation accounts.
There are no restrictions on trading news events during the evaluation and funded phase.
You can withdraw your rewards once you have completed at least four trading days in your performance account and met the withdrawal conditions. Withdrawals are available as soon as you reach the required targets and withdrawal threshold.
For example, when you meet the withdrawal threshold, which is set at 3% of your account size plus $100, and have achieved at least 8% in rewards, you can start making withdrawals. There is a minimum withdrawal amount of $500, and requests are processed on the same day they are made.
For instance, let’s consider a trader with a $100,000 account who has accumulated $8,000 in rewards after meeting the minimum trading day requirement. Since the withdrawal threshold is $3,100, the trader is eligible to withdraw $4,900 ($8,000 - $3,100).
For a detailed breakdown of the withdrawal requirements and process, please refer to the Withdrawal Requirements section above.
No, there is no upper limit on withdrawals once you get a performance account and generate rewards in your account. You can withdraw any amount of accumulated rewards, with no maximum restrictions. Enjoy the flexibility of accessing and withdrawing your funds based on your trading success and financial goals.
Yes. To ensure consistent risk management and promote sustainable trading behaviors, traders are subject to a daily loss limit. On any given trading day, a trader is only permitted to incur a loss of up to 6% of the day’s starting balance. Surpassing this daily threshold is considered a rule violation.
N.B.. The daily loss limit applies to both the current trading day and any open positions. If a position is held overnight, the daily loss does not reset.
This measure is in place to help traders maintain their accounts for longer durations and encourage prudent trading habits. It is important to monitor your losses carefully to stay within the allowed limits.
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 Account: If you break a rule within your evaluation, you can reset the account at any time by paying a reset fee of $90.
Performance Account: If you break a rule on the performance account, you will have to requalify through a new evaluation, as a performance account cannot be reset.
If you have an active subscription for the performance account, it will be automatically canceled upon rule violation.
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.
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.
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.
You can change your password by clicking on "My Account" in the dashboard. From there, you can update your account details and password.
A one-time fee applies to performance accounts. This fee is normally $149 but is currently reduced to $49.
There are no additional charges for the account beyond this fee.
If there’s an ongoing promotional offer with a coupon code, it’s your responsibility to input it during checkout.
Always take time to verify whether the coupon discount will reflect before continuing with your purchase.
If you forget using a coupon code, we won’t be able to change or adjust the charged amount to your account in any way.