Here are the answers to some of the most frequently asked questions about our funded trader accounts.
A funded trader is an individual who trades financial instruments using capital provided by a brokerage firm like TenTrade, sharing profits with the firm while adhering to its risk management rules.
Ten Express Evaluation:
When you register for an Evaluation TenExpress Challenge account, you must pass our one-step evaluation process and start trading on your live account. Once you have hit your profit target, we fund your account.
Instant Funding:
Skip our evaluation program and get instant access to real funds.
You keep 70% of your profits, consistent across all account sizes. Profits are paid bi-weekly, and if you make a withdrawal, the funds should be in your bank within 48 hours.
To pass the TenExpress Challenge, simply achieve a 10% profit without violating any rules or regulations, and you will gain access to a live account. Read more about our rules 这里.
The Scaling Plan allows traders with live funded accounts to either withdraw profits or request to increase their account size to the next level upon achieving a 10% profit. However, traders cannot withdraw and scale simultaneously. Once profits are withdrawn from an account, it becomes ineligible for scaling. The maximum account size achievable through scaling is $500,000.
It’s important to note that the $1,000 and $3,000 account cannot be scaled up. Scaling up starts from the $10,000 account. For instance, if a trader grows a $10,000 account to $11,000 and requests scaling, they will be directly scaled into a $30,000 live funded account. Read more 这里.
The profit target is 10% on our evaluation account without breaking any of the stated rules but there is no target on an instant live funded account.
Standard Payout: The standard payout for live accounts in the Funded Trader Program is 70% of profits made within 15 days, provided no rules are broken.
Accelerated Payout: Funded traders who achieve a 10% account increase can get immediate compensation, irrespective of the biweekly time frame if no rule is violated. Read more 这里.
The minimum trading days are 5.
Enjoy Unlimited trading days on the Evaluation account.
A drawdown is the amount of money you’re allowed to lose on your funded account. These are daily and overall.
Here is a breakdown of the drawdowns on each account:
Daily drawdowns for Instant Funding accounts: Micro 6%, Mini 6%, Bronze 6%, Silver 6%, Gold 3%, Diamond 3%, Master 3%
Overall drawdowns for Instant Funding accounts: Micro 9%, Mini 9%, Bronze 8%, Silver 7%, Gold 5%, Diamond 5%, Master 5%
Daily drawdowns for Evaluation TenExpress Challenge account: Mini 6%, Bronze 6%, Silver 6%, Gold 3%, Diamond 3%, Master 3%
Overall drawdowns for Evaluation TenExpress Challenge account: Mini 9%, Bronze 8%, Silver 7%, Gold 5%, Diamond 5%, Master 5%
Ensure your equity stays above the specified levels based on your initial account balance. For example, a $3,000 Mini account should maintain equity above $2,730 (9% drawdown). A $90,000 Gold account must not fall below $85,500 (5% drawdown).
There is no minimum period.
Trading during or after news is unrestricted.
Ea and Bot trading is allowed only on Instant Funding accounts, but not on Evaluation TenExpress Challenge accounts. Read more 这里.
The maximum leverage is 1:100.
There are no restrictions on holding trades over the weekends.
Yes, we currently permit cryptocurrency trading throughout the weekends
It takes 1- 48 hours to process a review after passing the challenge
The deposit and payout methods are congruent. For instance, if you deposit funds using cryptocurrency, your payouts will also be made in cryptocurrency.
It takes 1 – 48 hours to process a payout, but we try to process them as fast as possible.
No, merging of accounts is not allowed.
The maximum scaling limit is $500,000. We do not merge accounts.
Being part of our Funded Trader Program means you bear no liability for losses, which is one of its key advantages.
If you sign up for our Funded Trader Program you’ll use MetaTrader 5. It’s a slick, simple platform that’s popular among beginners and pros alike, so you can count on its superb functionality.
We operate under the strictest international laws, so you can rest assured that your money will be fully protected. Any funds, including unrealised profits, are held in separate trust accounts with AA- graded banks while our technology is fully encrypted with Secure Sockets Layer to guard against fraud. We also have a risk management system that ensures your balance will never fall into the negative.
Find out more about the safety of your funds with TenTrade 这里.
If you have any questions or need further information, please contact us 24/7 hours a day via live chat.
You can also contact us by email us at [email protected].
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