The Funded Trader Program scaling plans

Today we are going to talk about all three of The Funded Trader Program funding program scaling plans and their requirements. As we already know, The Funded Trader Program offers traders a chance to choose between the following three two-step evaluation challenges:

  • Standard Challenge
  • Rapid Challenge
  • Royal Challenge

These three funding programs all have different trading objectives and rules that we are required to follow. In addition, each of the funding programs also has a scaling plan that has its requirements to be eligible to increase your account balance.

Standard Challenge

The Funded Trader Program Standard Challenge has the following trading objectives:

  • Phase 1 profit target: 10%
  • Phase 2 profit target: 5%
  • Maximum daily loss: 6%
  • Maximum loss: 12%
  • Minimum trading days: 5 calendar days
  • Maximum trading days: 35 calendar days for phase 1 and 60 calendar days for phase 2
  • Leverage: 1:60 (swing accounts), 1:200 (regular accounts)
  • Profit split: 80% up to 90% when you scale your account for the first time

The Standard Challenge also has a scaling plan.

You are required to reach a profit target of 6% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance.

Example:

After 3 months: If you have a $400,000 account, your account balance will increase to $500,000.

After next 3 months: Balance of $500,000 increases to $600,000.

After next 3 months: Balance of $600,000 increases to $700,000.

And so on, up to a maximum account balance of $1,500,000.

Rapid Challenge

The Funded Trader Program Rapid Challenge has the following trading objectives:

  • Phase 1 profit target: 8%
  • Phase 2 profit target: 5%
  • Maximum daily loss: 5%
  • Maximum loss: 8%
  • Minimum trading days: No minimum trading days
  • Maximum trading days: 35 calendar days for phase 1 and 60 calendar days for phase 2
  • Leverage: 1:30 (swing accounts), 1:100 (regular accounts)
  • Profit split: 80% up to 90% when you scale your account for the first time

The Rapid Challenge also has a scaling plan. You are required to reach a profit target of 10% or more within a single profit split period. You will receive an account increase of 10% each time your withdrawal is greater than 10% of your initial account balance.

Example:

Account sizeProfit splitScaled account size
$100,00010%+$110,000
$110,00010%+$120,000
$120,00010%+$130,000
$130,00010%+$140,000

Royal Challenge

The Funded Trader Program Royal Challenge has the following trading objectives:

  • Phase 1 profit target: 8%
  • Phase 2 profit target: 5%
  • Maximum daily loss: 5%
  • Maximum loss: 10%
  • Minimum trading days: 5 calendar days
  • Maximum trading days: 35 calendar days for phase 1 and 60 calendar days for phase 2
  • Leverage: 1:200
  • Profit split: 80% up to 90% when you scale your account for the first time

The Royal Challenge also has a scaling plan.

You are required to reach a profit target of 6% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance.

Example:

After 3 months: If you have a $300,000 account, your account balance will increase to $375,000.

After next 3 months: Balance of $375,000 increases to $450,000.

After next 3 months: Balance of $450,000 increases to $525,000.

And so on, up to a maximum account balance of $1,500,000.

The Funded Trader Program 5% discount code: forexpropreviews

You can visit The Funded Trader Program website or read our review.

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