If a trader utilizes HFT during the evaluation stage to facilitate passing, the profit split for the funded account will reach its limit once the trader has achieved a 5% gain based on the initial account balance. Any positive trading beyond the initial 5% gain is not eligible for payouts. Gaining more than 5% does not violate any rules; however, these virtual profits would not be included if you have passed with HFT.
Furthermore, it is considered a direct violation of company policy if traders operate two real accounts simultaneously without merging them through the support team beforehand.
For instance, if a trader continuously trades and generates a profit of up to 5% on their initial account balance, the profit split will be based on the virtual profits generated up to that point. The trader would receive 50%, 60%, or 90% of the numerical value of the 5% profit on the initial balance of their funded account.
The maximum profit eligible for payout is based on the initial account balance and resets after each payout.
This measure has been implemented to ensure long-term sustainability while considering community feedback on the continued presence of HFT. It allows HFT passers to receive regular payouts without complications and discourages traders from engaging in high-risk activities, such as fully leveraging positions before news events or engaging in gambling-like strategies. Providing traders with a focus on consistent payouts leads to higher-quality trade data for us to access. Longevity is our priority.
The maximum allocation of virtual funds has been increased to $500,000, ensuring that substantial payouts remain a consistent opportunity for traders. With a maximum allocation of virtual funds at $500,000, the maximum profits that can be converted into a profit split at any given time would be the equivalent of a 5% gain on the initial balance of a single account.