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Yes, it is possible. You can only do this if you have not started the program and taken any trades.
The cost for changing the account is $25. If you would like us to go ahead and change your platform, please let us know via a support ticket.
Relative drawdown measures the peak-to-trough decline in an investment’s value relative to its highest historical value.
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An “FC Trader Account” is the term we used to describe a simulated live account.
Due to current international sanctions, we are unable to conduct business with traders from the following countries:
Cuba
North Korea
Syria
Islamic Republic of Iran
Myanmar
If you are trading from any of these countries, please refrain from placing orders with us. We cannot guarantee refunds for purchases or the transfer of funds resulting from successful trades.
We regret any inconvenience caused and continually monitor this situation.
Neither NinjaTrader nor Tradestation are integrated with our platform.
If you prefer to make trading decisions using NinjaTrader or Tradestation, you can continue to do so and execute trades using our existing platforms. Many professional traders opt to execute trades on a separate platform from their analysis.
Additionally, our traders are not required to pay the high exchange connection fees typically associated with trading on NinjaTrader and Tradestation.
To see customer reviews please visit our Trust Pilot:
You can trade any number of evaluation accounts. However, we will only fund up to two simulated live accounts (“FC trader accounts”) at a time. Accounts can only be merged if they are both untraded, with the maximum merged account limit set at $200,000, which is our highest value program currently. Please refer to our FAQ section on the website for rules regarding copy trading and trading the same markets simultaneously on multiple accounts.
This video playlist will assist you in setting up and quickly getting started with our trading platforms.
As an FC contractor, you will be categorized as an independent contractor. Being a UK-based company, we are not connected to the IRS in the US and are not obligated to share information on the earnings of US-based contractors with them. You will receive a contractor service agreement and invoice us accordingly. How you report your earnings in the US will be your responsibility. This is our established practice with US contractors; if you believe this approach is incorrect, please inform us, and we will investigate further.
As an FC contractor, you will be classified as an independent contractor. We will provide you with a contractor service agreement, and you will invoice us. It will then be your responsibility to report your earnings to HMRC.
As an FC contractor, you will be classified as an independent contractor. We will provide you with a contractor service agreement, and you will invoice us. It will then be your responsibility to report your earnings to your relevant tax authorities.
As an FC contractor with Funded Trading Plus, you will be classified as an independent contractor. You will be required to sign a service agreement before an “FC trader account” is allocated.
We do not allow any form of copy trading across accounts. This restriction extends to having identical positions on the same market in the same direction open simultaneously across multiple accounts. For instance, if you open a trade on Gold at 10:30 AM and close it at 11:30 AM, you cannot open a position on Gold in another account during that period.
Please be mindful of this policy when trading with multiple accounts. If accounts are found to be engaged in copy trading, profits may be nullified according to our Terms and Conditions.
You can find a copy of our terms and conditions here:
No. When you become an “FC Trader,” we require a contract in your name. For legal compliance, payments cannot be made if the name does not match the name on your accounts, contract, and identity documents.
Risk Management Assessment
All traders who achieve the profit target of their evaluation will undergo assessment by our risk management team before approval for a funded FC Trader Account. If our team identifies trading practices that do not adhere to proper risk management principles, we reserve the right to withhold a FC Trader Account.
Traders who execute a limited number of trades at maximum leverage and achieve the simulated profit target may not demonstrate sufficient evidence of proper risk management.
A simulated trade is not solely defined by a single execution on our platform; it can include multiple entries or similar positions held simultaneously in the same market.
While we typically give traders the benefit of the doubt, we have encountered instances where individuals attempt to pass their evaluation quickly through extreme over-leveraged trades within hours or days, risking their fees.
We have also observed ‘toxic’ simulated trades exploiting generous demo conditions for risk-free gains, akin to arbitrage.
As part of our standard practice, we thoroughly review each passed evaluation account for any indications of toxic trading practices, including arbitrage. Traders found engaging in such practices may face account bans.
While we accept the use of Expert Advisors (EAs) in trading, ensure that your EAs do not employ the aforementioned methods to avoid potential account bans without refunds or withdrawals. Approval of your EA may be required to obtain a FC Trader Account.
The vast majority of our program participants adhere to our platform’s rules and guidelines, and this notice will not impact them.
This refers to any trading that attempts to gain an unfair advantage or “edge” in a demo trading environment. This includes, but is not limited to, arbitrage.
All information on this site is intended solely for educational purposes and may not be accurate. It should not be used to influence any decisions in financial markets.