Rally Account Overview
The Rally account is an excellent starting point for traders who are new to Fast Track Trading or those looking to manage a smaller trading account with a starting balance of $25,000. Here’s a detailed yet concise guide to understanding how the Rally account works, including payout rules, consistency requirements, and risk management.
Account Details
- Starting Balance: $25,000
- Price: $179 USD (one-time payment)
- Contract Sizes: 2 contracts (20 micros)
Payouts
The Rally account offers both 5-day and 10-day payout options. However, there are some rules around and Maximum Withdrawals, Profit Requirements and Consistency.
- Maximum Withdrawals:
- 5-Day Payout: $1,000
- 10-Day Payout: $1,500
- After 8 payouts, the standard $1,500 payout doubles to $3,000.
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
- Follow the consistency rule. No single day’s profit should account for more than 20% of your overall profits at the time of withdrawal.
- Stay outside of the Trading Day Range: a loss greater than -$62.5 or a profit greater than +$62.5.
- Achieve the buffer. This means you need to make $1,500 in profits and close with a balance of $26,500 to be eligible for withdrawal. Even if your balance dips during the day, you must end the day at or above the buffer.
- Once you hit the buffer and take a payout, you must maintain a $1,250 (5%) balance after withdrawal to be eligible for the next payout. Minimum payout is $250.
Max Drawdown
The maximum drawdown is calculated based on your current balance, including your profits. It’s always set at -5% of your current balance. For example:
- When you first receive your account, your maximum drawdown is $1,250 making your minimum balance $23,750.
- If your account balance is $25,000 and you make $1,250, bringing your balance to $26,250, your new drawdown limit is $25,000.
By following these guidelines, you can effectively manage your Rally account, achieve consistent profits, and successfully request payouts.
Daytona Account Overview
The Daytona account is designed for traders looking to manage a substantial trading account with a starting balance of $50,000. Here’s a detailed yet concise guide to understanding how the Daytona account works, including payout rules, consistency requirements, and risk management.
Account Details
- Starting Balance: $50,000
- Price: $449 USD (one-time payment)
- Contract Sizes: 5 contracts (50 micros)
Payouts
The Daytona account offers both 5-day and 10-day payout options. However, there are some rules around and Maximum Withdrawals, Profit Requirements and Consistency.
- Maximum Withdrawals:
- 5-Day Payout: $1,250
- 10-Day Payout: $2,000
- After 8 payouts, the standard $2,000 payout doubles to $4,000.
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
- Follow the consistency rule. No single day’s profit should account for more than 20% of your overall profits at the time of withdrawal.
- Stay outside of the Trading Day Range: a loss greater than -$125 or a profit greater than +$125.
- Achieve the buffer. This means you need to make $2,750 in profits and close with a balance of $52,750 to be eligible for withdrawal. Even if your balance dips during the day, you must end the day at or above the buffer.
- Once you hit the buffer and take a payout, you must maintain a $2,500 (5%) balance after withdrawal to be eligible for the next payout. Minimum payout is $250.
Max Drawdown
The maximum drawdown is calculated based on your current balance, including your profits. It’s always set at -5% of your current balance. For example:
- When you first receive your account, your maximum drawdown is $2,500, therefore making your minimum balance $47,500.
- If your account balance is $50,000 and you make $2,500, bringing your balance to $52,500, your new drawdown limit is $50,000.
By following these guidelines, you can effectively manage your Daytona account, achieve consistent profits, and successfully request payouts.
GT Account Overview
The GT account is designed for traders who have some experience and are looking to manage a larger trading account with a starting balance of $150,000. Here’s a detailed yet concise guide to understanding how the GT account works, including payout rules, consistency requirements, and risk management.
Account Details
- Starting Balance: $150,000
- Price: $599 USD (one-time payment)
- Contract Sizes: 15 contracts (150 micros)
Payouts
The GT account offers both 5-day and 10-day payout options. However, there are some rules around and Maximum Withdrawals, Profit Requirements and Consistency.
- Maximum Withdrawals:
- 5-Day Payout: $1,500
- 10-Day Payout: $3,000
- After 8 payouts, the standard $3,000 payout doubles to $6,000.
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
- Follow the consistency rule. No single day’s profit should account for more than 20% of your overall profits at the time of withdrawal.
- Meet the trading day requirement: a loss greater than or equal to -$187.5 or a profit greater than or equal to +$375. Both winning and losing days count as trading days.
- First payout. Achieve the buffer. This means you need to make $7,500 (5%) in profits and close with a balance of $157,500 to be eligible for withdrawal. Even if your balance dips during the day, you must end the day at or above the buffer.
- For the first payout, traders can withdraw into the buffer, but must maintain a $4,500 balance after withdrawal to be eligible for the next payout. Minimum payout is $250.
- Second payout and beyond. Minimum balance to withdraw changes to include an additional $250 buffer. You now must have at least $4,750 to request a withdrawal after the first payout.
Max Drawdown
The maximum drawdown is calculated based on your current balance, including your profits. It’s always set at -5% of your current balance. For example:
- When you first receive your account, your maximum drawdown is $7,500, therefore making your minimum balance $142,500.
- If your account balance is $150,000 and you make $7,500, bringing your balance to $157,500, your new drawdown limit is $150,000.
By following these guidelines, you can effectively manage your GT account, achieve consistent profits, and successfully request payouts.
LeMans Account Overview
The LeMans account is designed for experienced traders looking to manage a large trading account with a starting balance of $300,000. Here’s a detailed yet concise guide to understanding how the LeMans account works, including payout rules, consistency requirements, and risk management.
Account Details
- Starting Balance: $300,000
- Price: $799 USD (one-time payment)
- Contract Sizes: 30 contracts (300 micros)
Payouts
The LeMans account offers both 5-day and 10-day payout options. However, there are some rules around and Maximum Withdrawals, Profit Requirements and Consistency.
- Maximum Withdrawals:
- 5-Day Payout: $2,000
- 10-Day Payout: $4,000
- After 8 payouts, the standard $4,000 payout doubles to $8,000.
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
- Follow the consistency rule. No single day’s profit should account for more than 20% of your overall profits at the time of withdrawal.
- Meet the trading day requirement: a loss greater than or equal to -$300 or a profit greater than or equal to +$600. Both winning and losing days count as trading days.
- First payout. Achieve the buffer. This means you need to make $15,000 (5%) in profits and close with a balance of $315,000 to be eligible for withdrawal. Even if your balance dips during the day, you must end the day at or above the buffer.
- For the first payout, traders can withdraw into the buffer, but must maintain a $11,000 balance after withdrawal to be eligible for the next payout. Minimum payout is $250.
- Second payout and beyond. Minimum balance to withdraw changes to include an additional $250 buffer. You now must have at least $11,250 to request a withdrawal after the first payout.
Max Drawdown
The maximum drawdown is calculated based on your current balance, including your profits. It’s always set at -5% of your current balance. For example:
- When you first receive your account, your maximum drawdown is $15,000, therefore making your minimum balance $285,000.
- If your account balance is $300,000 and you make $15,000, bringing your balance to $315,000, your new drawdown limit is $300,000.