Frequently Asked Questions

General

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

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.

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)

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.

All trades whether it be a challenge or instant funding are done on demo accounts with Foreign Exchange Clearing House, with the live stages being optimized appropriately and forwarded to our master omnibus account with our liquidity providers.

1-Step Challenge

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.

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.

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

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.
Weekend holding.
Copy trading
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 our program.

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

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

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. Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed Wednesday that week.

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

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.

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.

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 favour.

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

Classic Challenge

Our Challenge Accounts consist of three stages: Challenge, Verification, and Funded.

In the Challenge stage (Phase 1), your profit target is 7% for classic challenges, and you have 30 calendar days to hit this target. Our classic challenge profit target is one of the lowest in the industry that comes with an absolute overall drawdown system.

In the Verification stage (Phase 2), your profit target is 5%, and you have 60 calendar days to hit this target. This stage is designed to ensure that you are consistently profitable and worth advancing to the Funded round.

For the Funded round, traders must make a profit of at least 1% to qualify for a profit split withdrawal. However, there is no time limit for making profits once you have reached this stage.

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 always 10% of the initial balance. For example, if you enroll in the No Limits 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.

You will have 30 calendar days to complete the initial phase 1 challenge, 60 calendar days to complete the phase 2 verification round, and the funded phase is endless.

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, 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
Martin Gale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading

Beginner and Intermediate levels have a leverage of 1:100. However, our pro stage half million and million dollar accounts have 1:10 leverage.

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

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 7 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 (13:00 GMT) to be processed before the end of the corresponding week.

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

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

Any withdrawals made within the first month, along with your first profit will be a profit split of 75%. All withdrawals made subsequently to the first month and/or first withdrawal will be 80% in the trader’s favour.

Trader’s can purchase can qualify trading challenges to trade up to $600k in capital initially, with the ability to scale the accounts to two million in funding.

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 100%. Best part about this? You can withdraw your profits every month along the way, as long as you hit the targets three times consecutively, you increase you buying power potential!

No Limits Challenge

Our Challenge Accounts consist of three stages: Challenge, Verification, and Funded.

In the Challenge stage (Phase 1), your profit target is 8%. However, keep in mind there is absolutely no limit in the time you need to reach this target so your time and trade carefully!

In the Verification stage (Phase 2), your profit target is 5%, and this round just like the previous has no time to reach the target! So rememberthis, and again trade carefully as this round is designed to ensure that you are consistently profitable and worth advancing your talents into our funded program’s liquidity pool!

For the Funded round, traders must make a profit of at least 1% to qualify for a profit split withdrawal.

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 always 10% of the initial balance. For example, if you enroll in the No Limits 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 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 $192,000 (which is 96% of the initial balance of $200,000). If your account equity drops to $192,000 or below at any point during the day, you will have hit the daily drawdown limit.

Like the program explains, there is no time limits on this program! Neither minimum or maximum. Your your funded future is yours with us, no time limits, or anything holding you back!

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, 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
Martin Gale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading

Beginner and Intermediate levels have a leverage of 1:100. However, our pro stage half million and million dollar accounts have 1:10 leverage.

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

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

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

Instant Funds

While there is no strict time limit associated with this program, the first withdrawal can only be made after achieving a minimum of 6% profit. All subsequent profit targets or withdrawals have a minimum requirement of 3%.

Once traders have met the minimum profit targets for withdrawals, they are encouraged to continue trading to further grow their account. However, it is important to exercise caution and avoid overtrading or taking unnecessary risks, as this can negatively impact overall performance. We recommend that traders take a measured approach to trading, focusing on consistent profits over the long-term rather than trying to exceed withdrawal targets too quickly.

Our instant fund accounts are subject to a strict 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 twice its size, the drawdown would remain at 6% of the new account size.

Our Instant Funding program at The Talented Trader permits all forms of trading except for tick scalping, arbitrage trading, or any malicious trading methods as determined by our team. If we find that your trading style cannot be executed correctly within our liquidity pool, we will notify you and request that you change your trading style to improve execution.

All Instant Fund Accounts have a leverage of 1:50

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 withdrawals every week in this program! Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed before the end of the corresponding week.

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

Our profit split is directly tied to our scaling program, ensuring that traders are fairly compensated for their efforts. Every account starts with a 50/50 profit split, which increases by 5% as the account scales up in size. The maximum profit split offered is 70%, providing traders with an opportunity to maximize their earnings.

Our scaling program offers an exciting opportunity for ambitious traders to achieve their financial goals! By reaching a 12% profit milestone you will unlock the door to doubling your account size. Experience the power of scaling profits that fuel your growth while deferring profit withdrawals during scaling periods. With weekly scaling reviews to guide you, your journey unfolds toward an impressive $1.24 million account zenith. This program isn’t just about trading; it’s about embracing a dynamic process where scaling fuels your future financial achievements.