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Understanding Payouts

Fast Track Trading (FTT) emphasizes the importance of effectively managing your account, including understanding payout limits and adhering to specific requirements based on your account type. Here’s a clear breakdown of what you need to know:

Payout Limits by Account Type

5-Day Payouts:

  • Rally ($25,000): Up to $1,000
  • Daytona ($50,000): Up to $1,250
  • Grand Prix ($150,000): Up to $1,500
  • Formula 1 ($300,000): Up to $2,000

10-Day Payouts:

  • Rally ($25,000): Up to $1,500
  • Daytona ($50,000): Up to $2,000
  • Grand Prix ($150,000): Up to $3,000
  • Formula 1 ($300,000): Up to $4,000

Extended Payouts: After a trader has received a total of 8 payouts, the payout limit doubles:

  • Rally ($25,000): Up to $3,000
  • Daytona ($50,000): Up to $4,000
  • Grand Prix ($150,000): Up to $6,000
  • Formula 1 ($300,000): Up to $8,000

After 12 payouts, traders can request any amount they want, even if they are not yet on a live account. Alternatively, they may also be moved to a live account.

Additional Information

Post-Payout Profit Requirements: After taking a payout, there is no minimum profit required to request another payout as you have already met the 5% buffer. For example, if you make $7,500 on a Grand Prix account and take out $3,000, leaving $4,500, you don’t have to make another $3,000 to request a payout. You can make another $1,000 and take out $3,000 as long as you adhere to the consistency rule.

5-Day Payout Limitation: The 5-day payout is only available for your first payout on your first account. Once you receive a 5-day or 10-day payout, you cannot receive it again. It must be done on your first order and first payout. It’s essentially a bonus.

Additional Reminders

Profit Target: Achieve at least a 5% profit on your starting account balance before requesting a payout. For instance, on a $25,000 account, this translates to a $1,250 profit.

Buffer Requirement: Maintain a 5% buffer in your account balance daily after achieving your profit target. Find out more about the 5% buffer rule.

Consistency Rule: Ensure no single trading day’s profit exceeds 20% of your total profits, promoting consistent trading practices and risk management. Find out more about the consistency rule.

Trading Days: Not every calendar day needs to be a trading day. A trading day is counted whenever you execute a trade, emphasizing active trading over consecutive days.

Payout Frequency: Traders can opt for a 5-day payout on their first account purchase only and as a first payout only. After eight successful withdrawals, the payout limit doubles. After twelve successful withdrawals, traders are uncapped and can withdraw any amount. They may also be moved to a live account.

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