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.
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: $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.
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.
The trading commissions are 1% of the margin.(Round Turn)
Understanding Pro Drawdown EOD – Using the 1-Step Evaluation
When managing risk in your evaluation, it's crucial to understand how the Pro Drawdown EOD (End of Day) works. Remember, unrealized gains are not considered when calculating your drawdown. Below are two scenarios explaining the process based on different evaluation models:
Example 1: 1-Step Evaluation (Max Drawdown: 6%, Profit Target: 10%)
Account Size: $100,000
Max Drawdown: $6,000 (6%) → Minimum Balance
Allowed: $94,000
Profit Target: $10,000 (10%) → Target Balance: $110,000
Open Position Balance:: $100,200
Closed Balance: $100,000
End-of-Day Balance: $100,000
Drawdown Level: $94,000
Open Position Balance: $100,500
Closed Balance: $99,000
End-of-Day Balance: $99,000
Drawdown Level: $94,000
End-of-Day Balance: $99,000
Drawdown Level: $94,000
Open Position Balance: $102,000
Closed Balance: $100,000
End-of-Day Balance: $100,000
Drawdown Level: $94,000
Open Position Balance: $108,000
Closed Balance: $105,000
End-of-Day Balance: $105,000
New Drawdown Level: $99,000 (Trailing Adjusted Up)
Since the balance hit $105,000, the drawdown moves up to $99,000, ensuring a trailing stop effect until the profit target is reached.
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 of up to 6% of the day’s starting balance. 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.
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 profit target represents the minimum net profit amount required to be considered for a funded 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 the profits earned from trading are treated as ordinary income. It is advisable to refer to the tax laws applicable in your country for specific information regarding taxation.
Enjoy an advantageous profit-sharing rate of 95%, with the majority of profits allocated to the trader.
In addition, funded traders retain 100% of their initial $8000 in profits. The 95% split takes effect only after that.
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 profits.
1. Withdrawal Threshold – The threshold is set at 3% of the account size plus $100.
2. Minimum Profit Requirement – A withdrawal can only be requested once the trader has achieved at least 8% in profits on their funded account.
3. Minimum Trading Days – The trader must have at least 4 trading days in the funded 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 funded with a $100,000 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 funded accounts.
For withdrawals, we have a request button on your dashboard. If the withdrawal threshold has been met, the Request Button will appear and it will be accessible.
Withdrawal requests must meet a minimum transfer amount of $1,000, representing the trader's profit share. (Please note that there needs to be a minimum of $100 safety net above the profit withdrawal threshold limit once a payout request has been made.)
Withdrawal requests must meet a minimum transfer amount of $500, representing the trader's profit share. (Please note that there needs to be a minimum of $100 safety net above the profit withdrawal threshold limit of 3% once a payout request has been made.) Withdrawals can be executed through Bank Wire, PayPal, and Cryptocurrency (USDT – Tron Network). You can submit a withdrawal request on Fridays since that is when our Audit department audits the trading activities of all those who have submitted a request.
The trader must submit a payout request latest by Friday, and upon approval, the payment will be initiated on the following Tuesday. The payout may take up to 5 working days to arrive.
It is the Trader’s responsibility to ensure that their receiving account can accept USD payments when requesting a payout via wire transfer. If a payout is returned to 4Proptrader due to the receiving account’s inability to accept USD, 4Proptrader will initiate a second payout; however, a $100 deduction will be applied for fees and administrative costs.
When updating your User Billing Information, you must take time to accurately fill in the required information and double-check to ensure that everything checks out.
If you fill in the wrong payout information and the money doesn't get credited to your bank account, then we won’t be held liable.
Please ensure that you carefully enter the correct wallet address for all transactions. Cryptocurrency transactions are irreversible, and inputting the wrong address may result in the permanent loss of your payout.
4PropTrader cannot recover or refund transactions sent to incorrect addresses. By proceeding with your crypto payout request, you acknowledge and accept full responsibility for the accuracy of the wallet address entered.
NB: Please note that all customers are responsible for covering any applicable gas fees associated with the transaction.
To ensure payout requests are processed, your funded account must be active at the time of the request. Payout requests from disabled or flattened accounts will not be approved.
For example, if you make a payout request and your funded account is later disabled due to a rule violation before the payout is processed, the payout 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 profit target for your selected account determines the minimum net profit required to be eligible for placement with our funding partners.
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 limitations on trading the news during the evaluation phase or on your funded account.
You can withdraw your profits once you have completed at least four trading days in your funded account and met the withdrawal conditions. Withdrawals are available as soon as you reach the required profit 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 profits, 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 profits 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 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.
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.
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 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 an 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 Account: If you break a rule within your evaluation, you can reset the account at any time by paying a reset fee of $90.
Funded Account: If you break a rule while funded, you will have to requalify through a new evaluation, as a funded account cannot be reset.
If you have an active subscription for the funded account, it will be automatically canceled upon rule violation.
No. 4proptrader is not classified as a funding company. Instead, it functions as a recruitment company for traders seeking funding. Upon completing the Evaluation, traders will receive a Performance trading account.
We offer multiple payment options for evaluation accounts. You can now conveniently checkout using any of the listed methods below:
1. PayPal
2. Apple Pay
3. Credit and Debit Card Payments
It's important to note that we accept Visa and Mastercard as payment methods.
If payments fail, please contact our support at any time. However, it's important to note that the account will be deactivated if you are already in an evaluation and the ongoing payment fails to be processed.
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.
We have a one-time fee for funded accounts, which covers all costs associated with your account. This fee is normally $149, but it is currently reduced to $49.
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.