Easy! Simply click here and press “Buy” on the plan you want to go with. Remember, the bigger your plan, the more value you get!

You will then be brought to an Account Creation page, where you can create your account, pay and receive your code to get full access and start trading!

There is no time limit to pass the evaluation stage. Once you hit the 8% profit target, you advance to the funded trader phase. This can be done in 10 days, 5 hours or even 1 minute!

Base leverage on all simulated accounts are set at 1:100, during the evaluation as well as the funded trader stage.

We still urge you to study the contract sizing before starting the challenge. Paper-trading accounts may vary in leverage based on sizing.

You must be 18 years old or above to sign up with SkillfulTraders

You start off with a 8% profit target in the first stage. If you start with $10,000, your profit target is $800. During the expert trader stage, there is no profit target.

You can get up to 800k in funding.

You’ve already done a lot, congratulations! At this point you’ll want close all positions, and confirm you’ve achieved a minimum of 8% profit from your starting balance. Make sure you respect all challenge parameters! After all is confirmed, your challenge will be marked
“Completed”.

Our system will immediately progress you to the “Funded Trader” stage upon the completion of the challenge. During this phase, your status will be marked as “Pending.”

At this stage, we kindly request that you submit all necessary KYC (Know Your Customer) information and the funded trader agreement through your dashboard.

Upon successful submission of these documents, your “Funded Trader” account will be activated for trading at most three full business days later. This activated account will serve as your paper trading account, making you eligible for commission payouts.

Please take note: If you encounter any difficulties with the third-party verification gateway, don’t hesitate to contact our team via live chat. We will manually reset your KYC status for
re-submission to ensure a smooth process.

All payouts within our program are exclusively processed through cryptocurrency and paypal.

Whether you favor Support/Resistance, Candlestick Patterns, Supply/Demand, EAs or Smart Money Concepts, you have the freedom to apply them on our simulated accounts.

We acknowledge that the world’s most successful traders come from diverse backgrounds and employ various strategies.

While we impose no restrictions during the evaluation stage, please be aware that the following strategies/approaches are prohibited during the expert trader stage and will undergo a review:

Grid Trading or the use of Grid Trading Softwares
Martingale Trading or the use of Martingale EA’s
Latency Arbitrage
Hedging Orders Across Multiple Accounts
Exploiting Volatility in News by Placing Guaranteed Limit Order Fills
Any Utilization of Delayed Data Feeds for Risk-Free Profit
Copy Trading Among Multiple Users on Our Platform
Account Management by a Third Party

We aim to offer a wide range of trading styles within our program. However, the strategies mentioned above are restricted during the expert trader stage. This restriction is due to the fact that they either cannot be replicated in live market conditions (risking data integrity when orders are sent offshore for potential data monetization), thrive exclusively in demo conditions, or are designed to manipulate the system.

Here’s a summary of the payout structure in your program:

Payout 1: Your first payout will be made 21 calendar days from the first trading day on your expert trader account. The performance commission for this payout is 50%.

Payout 2: After your first payout, you will receive a new “expert trader” simulated account. You can continue trading, and your second payout becomes eligible 21 days later. The performance commission for this payout is 70%.

Payout 3: Upon reaching the third payout, you will be provided with a new account once again. At this stage, you gain access to bi-weekly payouts in exchange for your simulated performance.
The performance commission for this payout is 80%.

Payout 4: Upon reaching the fourth payout, you will be provided with a new account once again. At this stage, you gain access to weekly payouts in compensation for your simulated performance. The performance commission for this payout is 100%.

Additionally, a trader becomes eligible to receive new accounts with an 80% commission every 14 days. If your account is in a drawdown state on any of the above eligibility dates, you can continue trading your account until you meet the eligibility criteria.

It’s important to note that all payouts are based on performance commission while trading in a simulated market environment.

First and foremost, it’s important to understand that our traders are required to engage in a minimum of 5 trading days before they can make a withdrawal.

1.) Lot Size Consistency Range Rule (Applicable to HFT Passers Only)

When assessing your eligibility for a payout, we consider your average trade size at the time of the review. This average trade size is used to establish a trading range. The range is determined by adding 100% to your average trade size to set the maximum value and subtracting 75% to establish the minimum value. For instance, if your average trade size is 20 Lots, this means that any trades falling within the range of 5 to 40 Lots are deemed consistent with your average trade size and are considered normal trading activity. Please note that this consistency rule pertains exclusively to the funded stage.

Trades that deviate from the established trading range are subject to review, and potential deductions may be made from the total profit split. The calculation of the lot size consistency range is based on all closed orders in an account from the initial trade to the requested
withdrawal date. Your average trade size is computed once a payout request is made by dividing the total lot volume traded during the period by the total number of closed orders. To determine the bottom and top values of your consistency range, simply multiply your average trade size by
0.25 and 2.00, respectively. It’s important to note that partial orders are treated as separate orders in the consistency calculation, as this metric is based on closed orders.

Calculation of Lot Size Consistency Range:

Total Lot Volume Traded/Total Trades Executed: Lot Size Average Lot Size Average x 0.25: Bottom Of Consistency Range
Lot Size Average x 2.00: Top Of Consistency Range

The 4% Max Daily Drawdown is primarily based on your initial account balance at the reset time, before any trades are executed.

This reset occurs each day at 00:00 PM Market Watch Time (5:00 PM EST).

Additionally, this metric is also calculated based on the highest equity point reached during the trading day.

It’s crucial to ensure that your account balance does not fall 4% below the initial balance at the reset time or 4% below the highest equity point achieved within a single day.

The counting formula used by our system to determine drawdown amounts is as follows: Counting Formula:
Highest balance or equity of the day (whichever is higher) – current equity.

The 8% Maximum Total Drawdown for the Funded Stage and the 12% Max. Total Drawdown for the Evaluation Stage are trailing metrics that track both account balance and equity.

For example, if you start with a $100,000 funded account, your maximum loss level will be set at
$92,000. If your account balance or equity reaches $108,000, your trailing drawdown meter will be set at $100,000. This trailing drawdown will always be 8% below the highest balance or equity.

It is the responsibility of each trader to manage risk in accordance with these rules while trading our funded accounts. Any violation of these drawdown rules will result in a loss of the funded account.

Traders will have access to their maximum daily and total drawdown levels on their dashboard at all times. While monitoring your balance is important during the “funded trader” stage, it’s equally important to ensure that your equity fluctuations do not exceed a 4% difference in one day or an 8% difference in total.

Yes

Yes, the use of trader copiers to replicate your own trades onto your simulated live account with SkillfulTraders is allowed. You have the option to utilize your account as the master account or replicate trades from your other trading accounts.

However, it’s crucial to ensure that no identical orders are placed within the same time intervals as other traders on our platform. This situation can arise if widespread EA’s, account

management services, or third-party signals are used. Any consecutive identical orders originating from two or more users on our platform will be considered a violation of our trade copying policy. Please note that this trade copying policy is applicable exclusively during the funded stage.

While EA’s are permitted, we strongly recommend either using a unique set file for your EA or confirming that no other traders are employing the same EA on our servers. This precaution helps prevent our system from detecting any matching orders.

To maintain fairness in the process, SkillfulTraders provides a single warning for the initial violation of trade copying rules, along with a deduction of any profits earned through copying other users on our platform. If a second violation occurs by copying trades from other users on our platform, it will be considered a violation. It is imperative that your simulated trade data remains entirely unique to avoid any issues.