One-Time Evaluation Fees

Payouts are processed daily. Crypto (USDT on Solana) and ACH bank transfers are processed every 24 hours. Wire transfers are processed weekly, and when the funds arrive depends on your bank's processing time.

No. You pay the evaluation fee once. There is no activation fee when you pass, no recurring charge once you're SimFunded, and no hidden cost at any stage.

Traders Launch uses an end-of-day (EOD) drawdown, not an intraday trailing one. Your drawdown level is calculated from your closing balance each session, and it only moves up, never down. Once your account grows enough that the drawdown floor would reach your starting balance, it locks there permanently. On standard 60% and 80% accounts the drawdown is $1,000 on $100K, $2,000 on $200K, and $3,000 on $300K. On Legacy NYC accounts it is $1,000 on $100K, $1,000 on $200K, and $2,000 on $300K. We don't use intraday trailing drawdown, which we consider predatory.

Yes. The evaluation window is 60 days. If you haven't passed by day 60 but you're above 50% of your profit target, you get a free 30-day extension automatically, at no extra cost. SimFunded accounts have no time limit once you're funded.

Three: TradingView (in the browser, no download), Volumetrica (desktop and web), and Quantower (desktop). All three work for evaluation and SimFunded accounts. MES and MNQ come preloaded on every account; MGC (micro gold), MCL (micro crude oil), SIL (micro silver), and MYM (micro Dow) are available on request.

Up to 5 funded futures accounts at a time. All funded traders move into a SimFunded account once they clear the buffer stage.

Yes. Hedging is not permitted. That includes hedging the same instrument across multiple accounts, such as long NQ in one account and short NQ in another; hedging through correlated instruments, such as long NQ and short ES; and coordinating with another trader or group of traders to create offsetting positions across separate accounts. The rule applies whether the accounts belong to the same trader or to different traders acting together.

Yes. Reasonable scaling and averaging are allowed. Repeatedly adding size to losing positions, especially as a routine part of most trades, is considered excessive martingale-style trading and may result in an account review.

Scalping is allowed; HFT-style trading is not. For this rule, scalping means trades held for 5–30 seconds. If more than 10% of your trades are opened and fully closed within two seconds, our HFT filter may flag your account and pause it for review.

Yes. Hedging and HFT-style trading are prohibited, and excessive martingale-style trading may result in an account review. Scalping and reasonable scaling and averaging are allowed, within the rules described here and in the Terms of Service.

You can request a payout once your SimFunded account is above +1% profit from its starting balance. You keep the profit split of the plan you chose at purchase: 60% or 80% on standard accounts, 55% or 80% on Legacy NYC and earlier 55% accounts. There is no consistency rule once you're SimFunded and no restriction on when you can request. At $100,000 in cumulative payouts you are paused and become eligible for scaling opportunities, including increased allocations and priority consideration for live-capital opportunities.