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Moving to a Live Account

Transitioning to a live account with Fast Track Trading (FTT) involves several critical steps and considerations. This guide outlines the process, including account management, withdrawal rules, profit sharing, and integrity standards.

Overview

Fast Track Trading values transparency and integrity. The transition to a live account is not automatic and is based on your trading behavior, risk management, and market responsiveness.

Account Merging

When you transition to a live account, all your simulation phase accounts are merged into a single account. This means:

  • Account Merger: Up to 20 simulation accounts are combined into one live account.
  • Profit Transfer: All profits from your individual simulation accounts are transferred to your live account.

Transition to Real Money

In the simulation phase, you trade with demo money and receive payouts based on performance. Upon moving to a live account, you start trading with real money.

Withdrawal Rules

Live account benefits include flexible withdrawals:

  • No Limits: Withdraw any amount, any time.
  • Profit Sharing: Withdrawals follow a 90/10 profit split (90% to you, 10% to FTT).

Criteria for Moving to a Live Account

FTT moves traders to live accounts based on consistency and reliability:

  • Payout History: You must receive 5 consecutive payouts.
  • Positive Account Balance: Maintain a positive balance throughout the evaluation.
  • No Account Resets: Avoid account resets, although exceptional performance can still lead to a live account.

Extended Simulation Payouts

Fast Track Trading now allows up to 12 simulation payouts before moving to live:

  • Double Payouts: After the 8th payout, you can withdraw double the usual amount.
  • Account Closure: If not invited to live after 12 payouts, accounts are closed, profits paid out, and you can restart the process.

Live Account Management

Fast Track Trading offers several advantages for live trading:

  • Daily Payouts: Available for live accounts.
  • Deposits: You can deposit your own funds into your live account.
  • Risk Management: Access to a 24/5 risk management team for trade execution support.
  • Flexible Loss Limits: Set daily loss limits with your risk manager.

Conversion Terms

To qualify for a live account:

  • Under $50,000 Equity: Continue in the simulation program indefinitely.
  • Over $50,000 Equity: Withdraw up to 60% to move to live, split between personal payment and live account deposit. Remaining funds are secured in simulation accounts until 30 days of successful live trading.

Physical Trading Desks

Live traders can access physical trading desks in:

  • New York
  • Redbank, New Jersey
  • Orlando, Florida
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