Availability | After 4 months of simulated profitable trading |
---|---|
Simulated Split Upgraded | From 80%/20% to 90%/10% |
Initial Account Balance | +40% |
Max Drawdown | Increased by +2% |
Max Daily Drawdown | Increased by +1% |
Withdrawal | Every 7 days withdrawal |
Coaching | N/A |
Free Challenge | Free Challenge if account fails |
Concierge Service | N/A |
Salary | Up to $600 |
Availability | After 8 months of simulated profitable trading |
---|---|
Simulated Split Upgraded | 90%/10% |
Initial Account Balance | +80% |
Max Drawdown | Increased by +4% |
Max Daily Drawdown | Increased by +1% |
Withdrawal | Sameday |
Coaching | Yes |
Free Challenge | Free Challenge if account fails |
Concierge Service | N/A |
Salary | Up to $1,150 |
Availability | After 12 months of simulated profitable trading |
---|---|
Simulated Split Upgraded | 90%/10% |
Initial Account Balance | +120% |
Max Drawdown | Increased by +5% |
Max Daily Drawdown | Increased by +1% |
Withdrawal | Sameday |
Coaching | Yes |
Free Challenge | Free Challenge if account fails |
Concierge Service | Up to $2,000 |
Salary | Up to $1,250 |
Availability | After 16 months of simulated profitable trading |
---|---|
Simulated Split Upgraded | 90%/10% |
Initial Account Balance | +160% |
Max Drawdown | Increased by +10% |
Max Daily Drawdown | Increased by +2% |
Withdrawal | Sameday |
Coaching | Yes |
Free Challenge | Free Challenge if account fails |
Concierge Service | Up to $5,000 |
Salary | Up to $1,450 |
A client who passes the simulated evaluation process may trade in a simulated “live” environment.
Capital increases on Funded Engineer accounts every four months, starting from your first trade date. We offer a 40% increase on the initial starting balance of the purchased challenge account, with our scaling plan. To qualify, a trader must make a net profit of at least 15% over a four month period, with a minimum of 2 % profit per month, and a maximum profit of 5% per month ( If a trader does over 5% in a month only 5 % will be accounted for towards the 15% total).
At the same time, the trader must have processed at least three withdrawals within the three-month period. Additionally, the trader’s account balance must be higher than the initial balance at the time of the increase.
If the trader meets the scaling requirements, the Funded Engineer Trader can reach out to the Funded engineer at [email protected] and have his/her account accessed to see if the qualifications are met.
If you have merged two accounts together, we apply the 40% balance increase to the initial challenge balance.
How do I qualify to receive a monthly salary from Funded Engineer?
Reach at minimum our scaling plan “Geared package” status in order to benefit from a monthly allowance paid directly to you. Terms of trading apply. Monthly salary will apply on a per-user basis.
Normal risk parameters = (Total lot size traded last 90 days / Numbers of trades taken)” Your 8 trades must meet the average of preceding trades taken.
In addition, we require at least a payout of 1% to the specific account each month and the salary will be given at the end of the month.
Max Capital will Remain 2M
600k Thru Purchase challenge (2x 300k)
Not Allowed to merge when Scaled.
Max Capital will Remain 2M
600k Thru Purchase challenge (2x 300k)
Not Allowed to merge when Scaled.
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