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QUICK GUIDES
Learn more about our rules and what you need to do to participate in the funded trader program.
TRENDING QUESTIONS
What platforms do you offer?
We offer MetaTrader 5.
What is the largest account size you offer?
We offer up to $1,000,000 in funding for each trader. With the Tradiac scaling plan, you can scale from $10,000 to $1,000,000. Alternatively, you can start from a $100,000 account and scale 10 times, to reach 1 million dollars.
Am I required to use a stop loss?
No, it is not mandatory, we do no require you to use a stop loss.
What is the difference between Tradiac, Brainiac and Mainaic?
Tradiac, Brainiac and Maniac are considered difficulty settings, determining your profit target for passing challenges, redemptions and levelling up. While higher difficulty settings have higher profit targets, they also offer more generous daily loss and max loss limits.
What is the maximum leverage I can trade with?
20:1
How long can I get my Funded Account?
After you have passed your assessment account. Your account will be checked by the Risk Management Department, the overall process will take 1-2 business days.
Is scalping allowed?
One of the most important rules is no scalping. Scalping is defined as holding trades for fewer than 5 minutes at a time. The goal of the challenge is to become a trader with your strategy for the hedge fund. Scalping strategies are not scalable to this level and are therefore not accepted.
What is Tradiac?
A funded trader program where users take an assessment and upon passing get access to funded accounts to trade and scale up.
Are there any recurring fees to join?
No. The initial assessment fee covers all costs associated with participating in the assessment. You will not be required to pay recurring costs for market data, trading platforms or anything else. However, if you fail your assessment, you’ll need to purchase again or purchase a redemption.
How does scaling work?
Each Tradiac account is automatically a scalable account once you get to the funding stage. For example if you start with a $50k account, each time you reach your profit target another $50k will be added to your next account. You would go from $50k, to $100k, from $100k to $150k, and so on until you reach $1m in funding. As soon as you hit your profit target in your funded account and close out your positions, you will be assigned a new account at the next level and your 90% of profits for that level will be paid out to you.
How do I pass an assessment?
To pass an assessment you must meet the profit target of your trading track and close out all open trades to successfully complete the assessment.
What happens after passing an assessment?
When you pass the assessment, we will provide you with a funded account to trade at your discretion. You will be trading funds provided by Tradiac in an MT5 account earning a performance fee on your trading profits.
Can I have more than one account?
No, you can only have one active account at a time.
What are the payout methods?
Currently, we provide payout options through cryptocurrency (USDT via ETH network) or bank wire transfers.
What is the max daily loss rule?
If your account equity reaches or exceeds a 5% drawdown (depending on your trading track, max daily loss will vary) within a given day, you will trigger the max daily loss rule. The max daily loss rule is triggered when your equity falls below 5% of your end-of-day balance at the end of the previous day at 22:00 UTC. Your end-of-day balance is updated at the end of each day. All details will be visible inside the user area on the website or the app.
What is the max trailing loss rule?
Examples are based on the Tradiac trading track. If your account equity reaches or exceeds a 10% drawdown from the high watermark, you will breach the max trailing loss rule. When starting a new program, your high watermark equals your starting balance. Each time you realize profits, your high watermark will increase. It will not decrease with losses.
Can I hold positions overnight and over the weekends?
Yes. You can hold trades both overnight and over the weekends.
What happens if I don’t trade for several weeks?
Your account will be closed if you don't open, close, or modify any positions for 30 consecutive days. If you have a funded account, you remain entitled to your performance fee from the profits in the account. Unfortunately, you must retake the assessment if we terminate your account due to inactivity.
Do I forfeit the profits in my funded account if I breach the rules?
Yes.
What is your performance fee?
All accounts are automatically set to 90/10 profit split with 90% going to the trader.
When can I get a payout after starting a Funded Account?
Once your account is funded and you've earned at least a 2% profit, you can request a payout at any time. There are no restrictions on when you can receive your first payout. However, after your initial payout, you'll need to wait 14 days between each subsequent payout request.
What are the commissions?
If you’re trading currencies and metals, the commission is $7 per lot. There are no commissions charged for trading oil, or indices.
What instruments can I trade?
Our broker partner, Scandinavian Capital Markets, offers dozens of trading instruments, including currency pairs, precious metals, oil and indices.
Can I trade in a currency other than USD?
No. All accounts are USD based.
What countries are accepted?
Traders from all over the world are accepted. With the exception of sanctioned countries. If you aren’t sure if you qualify, please check in with our support team.
What is a redemption test and how does it work?
A redemption test allows you to keep the progress of your account at its most current scaling level while you are scaling up rather than losing your progress and having to start from the beginning, upon a risk management failure. You have 30 calendar days to opt in for a redemption. After this period you will have to start over from the beginning.
PASS THE
CHALLENGE
Fair and flexible rules designed for
any trading style or strategy.
LEVEL UP
& SCALE
Be consistent and scale from 10K to 1M.
Experience hedge fund backing.
SAVE YOUR
CHECKPOINT
Your progress is saved.
Never start over again.
REDEMPTION TEST
Hit a setback? Take a redemption
test to restore your checkpoint.
JOIN THE COMMUNITY
Be a part of the world's fastest-growing funded trader program.