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Funded Trader Rules

Rules & Definitions

EOD Drawdown

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 in 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.

For example, if we take the 50k account, there we have set the drawdown to $2500. If the trader then makes $500 profit, this drawdown follows with exactly this amount. That means the account balance should not fall back to $47,500 to lose the account, but the account is already gone at $48,000. 
But if the trader has managed to make a profit of over $2500, then the drawdown will no longer follow, but will remain at the initial balance. In this case at $50.000

Commissions & Fees

Instead of the usual $5 fee for e-minis, you pay only $2 at 4proptrader. 

For Micro Contracts there is a fee of $0.50 RT (Round Turn).

Example:

Using a 100K account as an example, remember that the Pro Drawdown EOD for a 100K account is $3,500.

1st Day: You have an open position balance of +$100,200, but you close the position with a balance of $100,000. Your balance at the end of the trading day is $100,000. Your Drawdown at the end of the trading day is $96,500.

2nd Day: You have an open position balance of +$100,500, but you close the position with a balance of $99,000. Your balance at the end of the trading day is $99,000. Your Drawdown at the end of the trading day is $96,500.

3rd Day: You do not trade. Your balance at the end of the trading day is $99,000. Your Drawdown at the end of the trading day is $96,500.

4th Day: You have an open position balance of +$102,000, but you close the position with a balance of $100,000. Your balance at the end of the trading day is $100,000. Your Drawdown at the end of the trading day is $96,500.

5th Day: You have an open position balance of +$108,000, but you close the position with a balance of $105,000. Your balance at the end of the trading day is $105,000. Your Drawdown at the end of the trading day is $100,000.

!!When calculating your Pro Drawdown EOD, your unrealized winnings are not considered.

Daily Loss

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.

Understanding the Daily Loss Limit:

The Daily Loss Limit 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.

Please make sure that you do not reach the Daily Loss, as this is a rule violation and the account will be permanently closed as a result.

*Please monitor this in Rithmic R|Trader under the Auto Liquidate Threshold Value or in our Dashboard.

Max Position Size

The Max Position Size denotes the maximum allowable number of open positions at any given time.

For instance, if your Max Position Size is set to 5, you could potentially hold a long position in 3 CL (Crude Oil) contracts and a short position in 2 ES (E-Mini S&P) contracts simultaneously.

Profit Target

The profit target represents the minimum net profit amount required to be considered for a funded account.

Trading Days

To qualify for placement with our funding partners, you must engage in trading activities for a minimum of 5 trading days, excluding weekends and holidays.

The 5 minimum trading days serve as the minimum requirement, although you are free to continue trading until you achieve the profit target for your evaluation account, even if it takes you more than a month.

Please note that subscription billing recurs every 30 days.

HOLIDAY’S TRADING NOTICE

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.

Reminder

Please keep an eye on your subscriptions at all times! Active subscriptions must be canceled independently and we can not take into account payments that are subsequently debited by an active subscription. 

What is the tax treatment for my profits?

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.

Profit Sharing

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.

Withdrawal Requirements

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 the specified withdrawal thresholds to be eligible for withdrawals.

$10,000

Withdrawal Profit Threshold $600

$25,000

Withdrawal Profit Threshold $1,500

$50,000

Withdrawal Profit Threshold $3,000

$100,000

Withdrawal Profit Threshold $6,000

$150,000

Withdrawal Profit Threshold $8,000

$250,000

Withdrawal Profit Threshold $10,000

Illustrative Example:

Let's consider a trader who is funded with an account size of $100,000, choosing the 95% split option.

On the 6th day, the trader earns $9,000 in profits, bringing the account balance to $109,000. As the withdrawal threshold for an account of this size is $6,000, the trader becomes eligible for a withdrawal of $3,000.

By the 8th day, the account balance has increased to $110,000. According to the withdrawal thresholds, the trader can withdraw an amount of $4,000, exceeding the threshold value of $6,000.

Withdrawal Procedure

For withdrawal, we have added a withdrawal request button to your dashboard. If the withdrawal threshold has been met, the request will be processed in 48 hours.It's a straightforward process!

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.)

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.

Please note that it may take 1-2 business days for withdrawals to reflect in your account (actual posting times may vary depending on your banking institution).

Example (95% split):

Withdrawal Request: $4,000

Trader's Share*: 95% x $4,000 = $3,800

Funding Partner's Share: 5% x $4,000 = $200

Payout Reminder Notice

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.

CRYPTO WALLET ADDRESS DISCLAIMER

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.

Important Notice: Account Status and Payout Requests

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.

PROFIT INFO & WITHDRAWALS

EVALUATION RULES & PARAMETERS

Permitted Products

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Engage in trading activities with the following approved instruments: 

COMEX: MGC, GC, SI, MHG, HG, PL, PA

NYMEX: MCL, CL, NG, HO, RB, PN

CBOT: ZC, ZW, ZS, ZR, ZO, YM, MYM

CME: MES, ES, MNQ, NQ, YM, GE, ZB

If you wish to have the Level 2 Data activated. Kindly feel free to reach out to us via live chat support or email with the names of the markets you wish to have Level 2 data access, and we will swiftly activate the data for you.

Authorized Trading Hours

stopwatch

Ensure that all positions are fully closed by 10:15 p.m. CET. The trading day commences at 12:00 a.m. CET and concludes at 10:15 p.m. CET (excluding holidays and weekends). It is prohibited to open any new positions between 10:15 p.m. CET and 12:00 a.m. CET.

Maximum Position Size

banknotes

The size of your positions is determined by the chosen account size, and it represents the maximum number of open positions allowed across all products at any given time.

Profit Target

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The profit target for your selected account determines the minimum net profit required to be eligible for placement with our funding partners.

Pro Drawdown EOD

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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.

For example, if we take the $50,000 account, we have set the drawdown to $2500. If the trader then makes a $500 profit, this drawdown follows with exactly this amount. That means the account balance should not fall back to $47,500 to lose the account, but the account is already gone at $48,000. 
But if the trader has managed to make a profit of over $2500, then the drawdown will no longer follow but will remain at the initial balance. In this case, $50.000.

Maximum Evaluation Accounts

With 4PropTrader, you can have an unlimited number of evaluation accounts.

Is News Trading Allowed During Evaluation?

There are no limitations on trading the news during the evaluation phase or on your funded account.

Can I Trade Micros?

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 $1 per round turn (RT).

Ensure that all positions are fully closed by 10:15 p.m. CET. The trading day commences at 12:00 a.m. CET and concludes at 10:15 p.m. CET (excluding holidays and weekends). It is prohibited to open any new positions between 10:15 p.m. CET and 12:00 a.m. CET.

Can I Withdraw My Profits anytime?

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.

Is There a Maximum Limit on Withdrawals?

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.

Is There a Daily Loss Limit on the Accounts?

  • 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 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.

Which Withdrawal Methods are Available After Becoming Funded?

  • After becoming funded, you have the option to request a withdrawal through Bank Wire, PayPal and crypto (USDT).

 

  • You have the flexibility to request withdrawals from 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.

Does the Pro Drawdown EOD Cease to Trail Upward?

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.

What happens if I break a rule?

Evaluation: If you break a rule within your evaluation, you can reset the account at any time. (Reset-Fee $90).

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.

Funded Account: If you break a rule while funded, you will have to requalify via a new evaluation because a Funded account cannot be “Reset.”

If you have ongoing fees for the funded account, the subscription will be automatically canceled.

Is it necessary to have exactly 5 trading days to qualify for funding?

Absolutely not. Having 5 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.

Is 4proptrader considered a funding company?

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.

Will my Account Balance be reset when my monthly subscription renews?

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.

Which payment methods do you support?

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.

My transaction was declined, what should I do?

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.

When will the money be debited?

Once you have started your evaluation, the payment phase begins. As long as your evaluation is running, the money will be debited on the same date each month for the duration of your ongoing evaluation.

Do I have to pay for the data after getting funded?

No, you don't have to pay for the data even after getting funded. It remains completely free of charge (for "non-professional" users).

Do I need to pay platform fees?

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.

What documents do I need to provide once my account is funded?

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.

Can I change my password?

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.

How do I cancel my account?

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.

Which fees do I have to pay in the funded account?

Starting on September 15, 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:

  1. $250k Funded Account: 370€
  2. $150k Funded Account: 270€
  3. $100k Funded Account: 210€
  4. $50k Funded Account: 139€
  5. $25k Funded Account: 110€
  6. $10k Funded Account: 90€

Here all costs are included.

What Can I Do? I Forgot to Use the Coupon Code!

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.

 

Can I Trade Forex or CFD?

With 4proptrader you can choose between two DataFeed providers.

It is not possible to trade Forex with Rithmic.

With DXFeed we have several Forex pairs that you can trade.

Please check the “Permitted Products” section to see which products are tradable.

CFD trading is not possible.

 

I bought accounts with the wrong data provider, can I cancel them?

No, it is not possible to convert your DXFeed accounts to Rithmic accounts and vice versa.

Once the purchase has been completed and the accounts have been created, there is no way for us to undo this.

The accounts must remain with the data feed provider.

Frequently Asked Questions