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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GT Account Overview
The GT account is designed for traders who have some experience and are looking to manage a larger trading account with a starting balance of $150,000. Here’s a detailed yet concise guide to understanding how the GT account works, including payout rules, consistency requirements, and risk management.
Account Details
Starting Balance: $150,000
Price: $599 USD (one-time payment)
Contract Sizes: 15 contracts (150 micros)
Payouts
The GT account offers both 5-day and 10-day payout options. However, there are strict rules around consistency and maximum withdrawals.
Consistency Rule: To qualify for a payout, no single day’s profit can exceed 20% of your total profits. For more details, see the article on the consistency rule.
Maximum Withdrawals:
5-Day Payout: $1,500
10-Day Payout: $3,000
Profit Requirements
To be eligible for a payout, you need to meet the following requirements:
Profit Target: Achieve a 5% profit on the starting account balance. This means you need to make $7,500 in profits and close with a balance of $157,500 at the end of the trading day. Even if your balance dips during the day, you must end with at least a 5% increase.
Once you hit the profit target and take a payout, you can withdraw any leftover profits from the previous payout without having to make 5% or hit $7,500 in profit again. Just follow the consistency rule and you can take out leftover profits without the 5% rule. There is no minimum payout requirement.
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 recieve your account, your maximum drawdown is $7,500, therefore making your minimum balance $142,500.
If your account balance is $150,000 and you make $7,500, bringing your balance to $157,500, your new drawdown limit is $150,000.
By following these guidelines, you can effectively manage your GT account, achieve consistent profits, and successfully request payouts.
For more details on other account types, check out our articles on the Rally, Daytona, and LeMans accounts.
