If you have not received your account login information for more than 12 hours after the money has been deducted from your credit card/bank account/crypto wallet, check the spam, junk, and promotion inboxes of your registered email. Once the payment has been confirmed, you will receive your Trading Platform and Dashboard login information promptly. This verification process can take some time and is dependent on network congestion. For Coinbase Commerce payments, the order will not be processed until the payment is verified on the blockchain. Upon confirmation of a successful payment, you’ll receive your Trading Platform and Dashboard login information within 5 minutes. If we discover identical trade strategies throughout various accounts exceeding $500,000 in the allocated capital value, we reserve the right to suspend those accounts as per the T&Cs.On the other hand, if you are consistently profitable on the simulated funded account, we will be happy to allocate additional capital as per our scaling plan. Please be careful not to get multiple accounts through various registrations. This can be understood as 2 accounts – each with simulated $250k, or 5 accounts – each with simulated $100k for example. As we need to diversify our risk and exposure, we allow a maximum capital allocation of simulated $500,000 per IP address per household per trader, at any given time. Each Challenge needs to be traded from the beginning, irrespective of the progress on your other accounts.

If you wish to trade with a higher account balance, you can simply apply for another Challenge and trade more accounts. This solution is much more administratively easier and gives us more freedom to manage risk actively. Clients are entitled to up to 80% of simulated profits generated on the Simulated Funded Engineer Account. After a client becomes a funded trader, he/she is provided with login credentials for a demo account. Please note that all accounts we provide to our clients are demo accounts with virtual funds. If you traded with $200,000 in the Challenge, you would also manage $200,000 in the Simulated Funded account stage to avoid any confusion. You will trade with the same account balance that you traded in the Simulated Funded Engineer Challenge.

Maximum drawdown formula