FAQ

General

Are there any restricted countries?

We welcome trader's from all nationalities as long as there are no active
international sanctions with the traders country and the United Kingdom.

Do you have a dashboard?

We have our own custom dashboard. The dashboard will notify our traders when they’ve reached their profit target, hit daily drawdown, or an overall drawdown violation.

What payment options are available?

We accept all major credit cards, bank wire, along with several crypto currencies. Crypto Currencies we accept include: BTC, LTC, DASH, USDT(BEP20), USDT(TRON)

Why is my credit card being declined?

Due to the nature of our business it is possible that your bank could be denying your transaction first time round. Sometimes calling your bank to let them know you intended to transact business with us, or even being on the phone with them during the transaction might help it go through.

Will I be trading on demo or a real account

All trading activity regardless of the program type or stage of the program is done under a demo trading environment. The trading data is managed and sent to a partnered proprietary trading firm. And based on strategies that are managed within the risk management team use the data/copies trades at their own discretion, utilizing proprietary risk management techniques and aggregated orders.

1-Step

Profit Target

Our 1-Step Challenge consists of 1 phase.
In this Challenge stage, your profit target is 10% and you have unlimited calendar days to hit this target.

Limits Drawdown

The 1-step program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.
The maximum overall drawdown limit for this program is 8% of the initial balance. For example, if you enroll in the 1-step challenge with a $100k account, your account equity cannot go below $92k (which is 8% of $100k).
The daily drawdown limit for the program is set at 4%, taken from the account equity. Both the daily drawdown and total drawdown metrics are based off of account equity.
This means that the 4% daily drawdown is not a static metric, but one that trails forward with the highest floating profit of the day. For example, on an 100k account, your equity based daily drawdown amount is 4% ($4,000).If you have an open trade running with $2000 profit, but this same trade ends up being -$2000 in the negative, this would equal a 4% change in equity and breaching our drawdown limit of the day.
Our 1-step drawdown parameters work differently than our other programs, with the simple reason that traders can pass with all trading styles. This makes this programs drawdown parameters more difficult in order to mange risk from our side.
Our other 2-step challenges. Classic and No-Limit have fixed balanced based drawdown.

Time Limit

You have no minimum or maximum trading days to complete our 1-step challenge.

Allowed Trading Styles

For the challenge stage we allow all trading styles. We enforce no restrictions for the evaluation. For the funded accounts we allow overnight trades, news trading, scalping, swing trading, & day trading with no lot size limitation.
But we do not allow:
Arbitrage
Tick Scalping
Hedging two different accounts against each other.
Trade management services, or other malicious trading methods.
Trade stacking.
Weekend holding.
Copy trading, between external or internal accounts.
Signal bots
Martingale trading or martingale EA’s.
Grid trading or Grid EA’s
High frequency trading.
We want to be as open as possible to the trading styles you can use that we allow for the funded stage of this 1-step program. If there are prohibited strategies that you would like to use take a look at our 2-step and instant funding programs.

What leverage is available?

Our evaluation accounts and funded accounts both have 1:100 leverage.

Are retries available?

If your phase 1 trading period ends in a positive balance from initial balance you will be eligible for 1 free retake.
If TheTalentedTrader detects that your trading constitutes Prohibited Trading Practices, your participation in the program will be terminated and may include forfeiture of any fees paid to TheTalentedTrader.
Additionally, and before you receive a simulated funded account/retry account your trading activity under these Terms and Conditions shall be reviewed by TheTalentedTrader Team to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, you shall not receive a simulated funded account/retry account or, if trading already trading in a simulated funded account, we may close that account, in which case you will forfeit any profits therein.

How do withdrawals work?

We process all withdrawals via bank wire transfer, or crypto payouts.
Any fee’s to facilitate the transfer will be deducted from the transfer.
Traders are eligible for their first withdrawal 21 calendar days after they place their first trade and after 14 trading days. Withdrawal requests should be put in by Monday end of new york market hours, to be processed certificates Wednesday that week.
When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com

Do you have any consistency rules?

Yes we do have a consistency rule for our 1-step evaluation.
To avoid gambling and inconsistent trading techniques, we ask that traders stick within a trading range. This should be seen as an average range. Your average range can be calculated through the total volume traded divided by the trades executed, which gives you your lot size average.
This average lot size, should have no more than 200% as an upper limit lot size and 25% of the average lot size as a lower limit. IE your average lot size is 5 lots not to go above 10 lots and below 1.25.
Trades that fall outside of the range are subject to review. This calculation occurs during the time of payout request and is only a rule applicable to traders that pass the 1-step challenge via HFT bots.
Furthermore, we also require 14 minimum trading days, to demonstrate consistency, before a payout. As a result, executing 0.01 lot positions or imposing placeholder trades of short duration falls short of meeting the criteria for a valid trading day during the funded stage. The process is built to reward traders not gamblers: Trade according to your normal strategy for 14 separate days.

When will I get my refund?

We do not offer refunds of the challenge fee for our 1-Step program. Traders are rewarded solely for their performance during the funded stage.

What's the profit split?

Your first payout will be a profit share of 50%, your second profit share for 70% and all withdrawals made subsequently to the first and second withdrawal will be 80% in the trader’s favor.

Max Capital Allocation

Trader’s can trade up to $600k in capital with the 1-step model.

Classic Challenge

Profit Target

Our 2-Step Classic Challenge consists of three stages: Challenge, Verification, and Funded.

In the Challenge stage (Phase 1), your profit target is 7%. And you have 30 calendar days to hit this target.

In the Verification stage (Phase 2), your profit target is 5%, which you have 60 calendar days to complete.

Once these 2 stages are complete you are a funded trader. You can make up to 80% of the profits on the account!

Limits Drawdown

The program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.

The maximum overall drawdown limit is 10% of the initial balance. For example, if you enroll in the Classic Challenge with a $100k account, your account equity cannot go below $90k (which is 10% of $100k).

The daily drawdown limit for the program is now set at 5%, taken from the initial balance. At the end of each day, the daily high limit is set to either the balance or the equity, whichever is higher.

Suppose you start with a $50,000 account balance. The overall drawdown limit is 10% of this amount, which is $5,000. If your account equity drops to $45,000 or below at any point, you will have hit the overall drawdown limit.

If the account has a balance of $100,000 with no floating profit, the daily drawdown limit for the next day will be 5% of the initial balance, which is $5,000. If your account equity drops to $95,000 or below at any point during the day, you will have exceeded the daily drawdown limit.

Lastly, let’s say your account has a balance of $200,000 with no floating profit. In this case, the daily drawdown limit for the next day will be $190,000 (which is 95% of the initial balance of $200,000). If your account equity drops to $190,000 or below at any point during the day, you will have hit the daily drawdown limit.

Time Limit

You have 30 days to complete stage 1 of the classic challenge and 60 days to complete stage 2 of the classic challenge.

Allowed Trading Styles

We allow overnight trades, weekend holding, news trading, scalping, swing trading, & day trading with no lot size limitation.

We do not allow arbitrage, tick scalping, hedging two different accounts against each other, trade management services, aggressive or 'all in' strategies, or other malicious trading methods.

For Traders That Use Expert Advisors the following EA’s are not allowed on our accounts:
Copy Trading
Signal Bots
Martingale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading

What leverage is available?

Our evaluation accounts and funded accounts both have 1:100 leverage.

Are retries available?

If your phase 1 trading period ends in a positive balance from initial balance you will be eligible for 1 free retake.

How do withdrawals work?

We process all withdrawals via bank wire transfer, or crypto payouts. Any fee’s to facilitate the transfer will be deducted from the transfer.

On the 2-step classic challenge traders are eligible for their first withdrawal 14 calendar days after they place their first trade, then every 14 days afterwards.
Withdrawal requests should be put in by Monday close of New York market hours to be processed certificates Wednesday that week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com

When will I get my refund?

We pay out all refunds with disbursement of our traders first profit split withdrawal.

What's the profit split?

Your first payout will be a profit share of 70%, your second profit share for 80% and all withdrawals made subsequently to the first and second withdrawal will be 80% in the trader’s favour.

Max Capital Allocation

Trader’s can trade an additional $600k in capital with the 2-step classic challenge model, with the ability to scale your capital up to $2 Million.

Is there a scalping plan?

Our Challenge program has one of the best scaling programs in the industry. If you can profit your account 10% three months in a row, we will scale your account by 100%.
For example, you have an $100,000 account, you hit 10% month 1, withdraw, 10% month 2, withdraw, 10% month 3, withdraw. Your account can now be doubled to $200,000 at no additional cost.

No Limits Challenge

Profit Target

Our 2-Step No-Limit Challenge consists of three stages: Challenge, Verification, and Funded.

In the Challenge stage (Phase 1), your profit target is 8%. And you have an unlimited amount of time to hit this target.

In the Verification stage (Phase 2), your profit target is 5%, which like the first phase you also have an unlimited amount of time to hit this target.

Once these 2 stages are complete you are a funded trader. You can make up to 80% of the profits on the account!

Limits Drawdown

The program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.

The maximum overall drawdown limit is 10% of the initial balance. For example, if you enroll in the Classic Challenge with a $100k account, your account equity cannot go below $90k (which is 10% of $100k).

The daily drawdown limit for the program is set at 4%, taken from the initial balance. At the end of each day, the daily high limit is set to either the balance or the equity, whichever is higher.

Suppose you start with a $50,000 account balance. The overall drawdown limit is 10% of this amount, which is $5,000. If your account equity drops to $45,000 or below at any point, you will have hit the overall drawdown limit.

If the account has a balance of $100,000 with no floating profit, the daily drawdown limit for the next day will be 4% of the initial balance, which is $4,000. If your account equity drops to $96,000 or below at any point during the day, you will have exceeded the daily drawdown limit.

Lastly, let’s say your account has a balance of $200,000 with no floating profit. In this case, the daily drawdown limit for the next day will be $190,000 (which is 95% of the initial balance of $200,000). If your account equity drops to $190,000 or below at any point during the day, you will have hit the daily drawdown limit.

Time Limit

Like the program title explains, there is no time limits on this program! No minimum or maximum trading days on the challenge.

Allowed Trading Styles

What leverage is available?

Our evaluation accounts and funded accounts both have 1:100 leverage.

How do withdrawals work?

We process all withdrawals via bank wire transfer, or crypto payouts. Any fee’s to facilitate the transfer will be deducted from the transfer.

Traders are eligible for their first withdrawal 14 calendar days after they place their first trade, then every 14 days afterwards.

Withdrawal requests should be put in by Monday close of New York market hours to be processed certificates Wednesday that week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com

When will I get my refund?

We pay out all refunds with disbursement of our traders first profit split withdrawal.

What's the profit split?

Any withdrawals made within the first month, along with your first profit will be a profit split of 70%. All withdrawals made subsequently after the first withdrawal will be 80% in the trader’s favour.

Is there a scalping plan?

Instant Funding

Profit Target

Unlike other challenges, the Instant Funding program offers access to a directly withdrawable account with no associated time limits. The profit target for this program is immediately withdrawable upon being met. Initially, traders need to reach a 6% profit target to make their first withdrawal. Subsequent profit targets require only a minimum of 3%. Once traders meet these minimum profit targets, they have the option to continue trading to grow their account further or to withdraw their profit split.

Limits Drawdown

Our Instant Funding accounts are subject to a 6% static drawdown rule, which means that the drawdown is always pegged to 6% of the initial account size, regardless of any profit earned. For instance, if you start with a $1000 account, the maximum drawdown allowed would be $60. Even if the account scales up to $1,080 the drawdown would remain at 6% of the initial account size.

Allowed Trading Styles

We allow overnight trades, weekend holding, news trading, scalping, swing trading, & day trading with no lot size limitation.

We do not allow arbitrage, tick scalping, hedging two different accounts against each other, trade management services, aggressive or 'all in' strategies, or other malicious trading methods.

For Traders That Use Expert Advisors the following EA’s are not allowed on these accounts:
Copy Trading
Signal Bots
Martingale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading

What leverage is available?

All Instant Funding accounts have a leverage of 1:50

Are retries available?

Since there is no time limit on this instant funding program, participants either meet the program's criteria and receive a payout or fail to do so.

How do withdrawals work?

We process all withdrawals via bank wire transfer, or crypto payouts. Any fee’s to facilitate the transfer will be deducted from the transfer.

Traders are eligible for their first withdrawal once they have met the profit target of the account.

Withdrawal requests should be put in by Monday close of New York market hours to be processed certificates Wednesday that week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com

What's the profit split?

The profit split for this program is up to 70% for our traders. Each account starts with a 50% profit split, which increases by 5% as the withdrawal has been made/the account scales up in size. Our scaling plan is described below in the next section.

Is there a scalping plan?

Our scaling program offers an exciting opportunity for ambitious traders. By reaching a 12% profit milestone you will be eligible to double your instant funding account size.

I.e Trader purchases an $1,000 Instant Funding account, and makes $120, taking their account to $1,120, they can request the team to double their account size to $2,000.

This supersedes the profit withdrawal, by instead doubling your trading account. But the trader has the choice when hitting the 12% if they wish to withdraw or double.

When either doubling or withdrawing from the account the increase in profit split still applies, an additional 5% each time a withdrawal or 'double up' is made.

Frequently Asked Questions

General

1-Step

Classic Challenge

No Limits Challenge

Instant Funding

The Talented Trader

Link

Programs

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