Fast Track Trading (FTT) makes it easy to dive into trading. When you buy a trading account with us, virtual funds are instantly added to your account. No evaluations, no practice steps – just straightforward trading from day one.
Who Can Join?
We welcome traders from nearly every country. Unfortunately, we can’t accept traders from Afghanistan, China, Russia, Belarus, Cuba, Iran, Iraq, Libya, North Korea, and Syria due to international regulations. But if you’re from anywhere else, you’re good to go!
30% OFF + BUY 5 GET 1 FREE (EXCEPT FORMULA 1)
Discount Code: B5GO
Details: 30% off your order and Buy 5 Get 1 Free deal when using this promo code. You are unable to use this promotion for Formula 1 accounts. This code only works once per day, so if you want to purchase 10 accounts and get 2 free, you’d want to buy 5 each on different days.
Validity Period: Ends (est.) Thursday 1st August 2024
See our Features Timeline for more information on the phase promotions.
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Daytona Account Overview
The Daytona account is designed for traders looking to manage a substantial trading account with a starting balance of $50,000. Here’s a detailed yet concise guide to understanding how the Daytona account works, including payout rules, consistency requirements, and risk management.
Account Details
Starting Balance: $50,000
Price: $449 USD (one-time payment)
Contract Sizes: 5 contracts (50 micros)
Payouts
The Daytona account offers both 5-day and 10-day payout options. However, there are some rules around and Maximum Withdrawals, Profit Requirementsand Consistency.
Maximum Withdrawals:
5-Day Payout: $1,250
10-Day Payout: $2,000
After 8 payouts, the standard $2,000 payout doubles to $4,000.
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
Follow the consistency rule. No single day’s profit should account for more than 20% of your overall profits at the time of withdrawal.
Stay outside of the Trading Day Range: a loss greater than -$125 or a profit greater than +$125.
Achieve the buffer. This means you need to make $2,750 in profits and close with a balance of $52,750 to be eligible for withdrawal. Even if your balance dips during the day, you must end the day at or above the buffer.
Once you hit the buffer and take a payout, you must maintain a $2,500 (5%) balance after withdrawal to be eligible for the next payout. Minimum payout is $250.
Max Drawdown
The maximum drawdown is calculated based on your current balance, including your profits. It’s always set at -5% of your current balance. For example:
When you first receive your account, your maximum drawdown is $2,500, therefore making your minimum balance $47,500.
If your account balance is $50,000 and you make $2,500, bringing your balance to $52,500, your new drawdown limit is $50,000.
By following these guidelines, you can effectively manage your Daytona account, achieve consistent profits, and successfully request payouts.
For more details on other account types, check out our articles on the Daytona, GT, and LeMans accounts.
