Are you a Stock or Futures Trader? we want to work with you
We give you access to 100k in Funding and tools to help you create strategies
What they're talking about Traders Launch
Regarding the spread and slippage:
"As precise as it can get and my stops and PT's are executed in the blink of an eye, as good as it gets"
Champ
from discord channel
referencing our partnership with Spikeet - "Great offering by @TradersLaunch, a revolutionary AI tool for stocks and futures traders!"
Prop Firm Match
@TradersLaunch I love you guys.
S. Bach
@TraderBach
Evaluation Method
Funded traders receive 80% profit splits after passing evaluation. All funded traders have an 6% End of Day or static drawdown. There is also a 3% intraday loss stop, which if hit will pause the ability to trade for that day, but your account will not be lost
Once funded traders achieve a 6% growth of their account, the drawdown will lock at the starting balance. Allowing traders more flexibility to grow their accounts. They will then be moved to a live brokerage account on either Interactive Brokers or T3 Global. Traders are responsible for the data fees at that point, but we do not charge anything extra. You are eligible for a payment once you hit 6% profit target in the funded account.
- Hit 6% Profit Target
- Avoid hitting an 6% drawdown
- Don't hit a 3% Intraday loss.
- Hit a 4% Profit Target
- Avoid hitting a 6% drawdown
- Don't hit 3% Intraday loss
- You're Funded!!
- Drawdown stops at account balance
- Daily stop loss doesn't take away account
Our Trader Plan
Select Your Trader Plan
2 Evaluation Goals
- Profit $300 on Step 1
- Profit $200 on Step 2
2 Evaluation Rules
- $300 End of Day Drawdown
- $150 Daily Loss Limit
3 Funded Rules
- $300 End of Day Drawdown
- $150 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $300 on Step 1
- Profit $200 on Step 2
2 Evaluation Rules
- $300 Static Drawdown
- $150 Daily Loss Limit
3 Funded Rules
- $300 Static Drawdown
- $150 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $120 on Step 1
- Profit $80 on Step 2
2 Evaluation Rules
- $120 Static Drawdown
- $80 Daily Loss Limit
3 Funded Rules
- $120 Static Drawdown
- $80 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $600 on Step 1
- Profit $400 on Step 2
2 Evaluation Rules
- $600 End of Day Drawdown
- $300 Daily Loss Limit
3 Funded Rules
- $600 End of Day Drawdown
- $300 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $600 on Step 1
- Profit $400 on Step 2
2 Evaluation Rules
- $600 Static Drawdown
- $300 Daily Loss Limit
3 Funded Rules
- $600 Static Drawdown
- $300 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $1,500 on Step 1
- Profit $1,000 on Step 2
2 Evaluation Rules
- $1,500 End of Day Drawdown
- $750 Daily Loss Limit
3 Funded Rules
- $1,500 End of Day Drawdown
- $1,000 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $1,500 on Step 1
- Profit $1,000 on Step 2
2 Evaluation Rules
- $1,500 Static Drawdown
- $750 Daily Loss Limit
3 Funded Rules
- $1,500 Static Drawdown
- $1,000 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $3,000 on Step 1
- Profit $2,000 on Step 2
2 Evaluation Rules
- $3,000 End of Day Drawdown
- $1,500 Daily Loss Limit
3 Funded Rules
- $3,000 End of Day Drawdown
- $1,500 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $3,000 on Step 1
- Profit $2,000 on Step 2
2 Evaluation Rules
- $3,000 Static Drawdown
- $1,500 Daily Loss Limit
3 Funded Rules
- $3,000 Static Drawdown
- $1,500 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $6,000 on Step 1
- Profit $4,000 on Step 2
2 Evaluation Rules
- $6,000 End of Day Drawdown
- $3,000 Daily Loss Limit
3 Funded Rules
- $6,000 End of Day Drawdown
- $3,000 Daily Loss Limit (Account is not lost)
- 40% Rule
2 Evaluation Goals
- Profit $6,000 on Step 1
- Profit $4,000 on Step 2
2 Evaluation Rules
- $6,000 Static Drawdown
- $3,000 Daily Loss Limit
3 Funded Rules
- $6,000 Static Drawdown
- $3,000 Daily Loss Limit (Account is not lost)
- 40% Rule
Yes! You get 30 days access to Spikeet, which is the best backtesting tool for traders. There is a video at the bottom of the FAQ's on our home page that will walk you through how you can use it. We have dedicated discord channel as well where people share their ideas. Connor, one of the founders also drops videos of how he is finding strategies and edges with the tool.
In addition, you get 50% off of Tradervue gold, a premium journaling tool.
All of our drawdowns are based on Balance. We have choices of either End of Day Drawdown or Static Drawdown.
End of Day Drawdown (EOD) is based on the end of day balance of your account. This stops once your EOD reaches the original account balance.
Your account balance will stay the same in a static drawdown account until you reach 6% in the funded, where it will move up to the account balance, and then never move again.
We will never offer equity trailing drawdown as we think it's not fair to traders.
Daily loss limit is calculated on your ending balance of the previous day.
In the funded stage, if you hit your daily loss limit you simply can't trade for the rest of the day. Your account is NOT taken away or invalidated.
While you are on a simulated platform we do take commissions from your account balance. The spreads match live market data from the CBOE exchange. We do not touch, manipulate, or change the spreads in anyway. We have exchange licensing from the CBOE and are allowed to use their data.
It is obvious when someone is abusing the simulated environment by buying on the bid and selling on the ask continuously. This is not allowed and is monitored.
When you are on a live account, the commissions will be subtracted from your trading account.
You will be trading off of stock data and on our brokerages you would be trading stocks.
CFDs are illegal to trade in US and India, but many other prop firms find loopholes to make it work. We do not believe in this method, and do not offer any CFD trading.
We only have the 3 that we list, and then you have to hit 6% profit target before you can request a payout. At that time, we will then move you to a live brokerage account at either Interactive Brokers or T3 Global.
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The 40% rule is there to disincentive gambling. The calculation is this.
Best Day PNL / Total PNL must be less than .4 (40%).
No we are very transparent with our rules, funding, and data. Everything is listed clearly, and we are not trying to hide anything.
No there is no minimum amount of trading day.
You get 5x Leverage on ETFs while you are trying out.
Once you move to a funded account, we would most likely have you trade index futures instead of using 5x leverage. You would still have your buying power for stocks.
You are not allowed to swing trade when you are trying out.
In the funded stage, if you have made at least 10% on your account, then please reach out and we will hop on a call to discuss.
No you cannot trade futures or forex when you are trying out.
If you do pass, then you will be allowed to trade futures upon request.
We do not offer forex as we don't think it's beneficial for traders. We believe that stocks and futures offer better opportunities.
Stocks is calculated in shares and not in lots of contracts.
For example buying 100 Apple (AAPL) at $150 would be $15,000 in buying power and if it moved to $151.2, then you would have a profit of $120 ($100 x 1.2).
For our live funded accounts, we work with Interactive Brokers and T3 Global.
We offer all ETFs and about 300 of the most liquid stocks. If there is a specific stock you want to trade, then reach out to us and we will see if we can add it. We have honored that request multiple time.
It just needs to be above a certain market cap and volume to be liquid enough to trade.
Yes we offer Index ETF equivalents.
SPX = SPY
NDX = QQQ
US30 = DIA
Gold = GLD