HOW IT WORKS

 

1. IMPACT TRADER AUDITION

Choose your package and take our Impact Trader audition. Using whichever trading style you like, make sure to follow the rules and achieve the appropriate targets to be eligible for funding.  No time limits. No minimum trading days. 

2. VERIFICATION

For 2-phase programs only! After succession of the first phase, follow the same rules and achieve a 5% target to complete verification.

3. YOUR NEW FUNDED ACCOUNT

Welcome! You are now an Impact Trader! Your trading ability now unlocks the door to utilize our capital. Be consistent and responsible  to earn real money–up to 90% of your profits!

  • 1 PHASE ASSESSMENT 

CHOOSE YOUR IMPACT TRADER AUDITION TIER.

ACHIEVE A 10% PROFIT TARGET WITHOUT BREACHING TWO SIMPLE RULES (See Trading Rules)

 

  • 2 PHASE ASSESSMENT 

CHOOSE YOUR IMPACT TRADER AUDITION TIER.

ACHIEVE A 10% PROFIT TARGET IN THE FIRST PHASE, THEN A 5% PROFIT TARGET IN THE SECOND PHASE WITHOUT BREACHING TWO SIMPLE RULES. (See Trading Rules)

 

> NO MINIMUM TRADING DAYS 

> NO 30 DAY ASSESSMENT PERIOD 

> SCALE UP TO 500K

FOLLOW THESE SIMPLE RULES TO EARN YOUR FUNDED ACCOUNT

  1. STOP LOSS STOP LOSS REQUIRED FOR EVERY TRADE 
  2.  MAXIMUM LOTSMaximum open positions must not exceed 1/10000 for 1-phase assessments and/or exceed 1/3333th the size of the assessment account for 2-phase

ACCOUNT LIMITS 

A BREACH OF ANY OF THESE RULES WILL RESULT IN A CLOSURE OF A TRADERS ACCOUNT AND WILL REQUIRE A RESET TO QUALIFY AGAIN FOR A FUNDED ACCOUNT 

MAXIMUM DRAWDOWN:  1 PHASE- 6% ; 2 PHASE-8%

TRADERS MUST NOT EXCEED A 6% DRAWDOWN ON A TRAILING BASIS FOR 1-PHASE ASSESSMENTS AND A 4% DRAWDOWN FOR 2-PHASE ASSESSMENTS.

DAILY LOSS LIMIT: 1 PHASE- 5% ; 2 PHASE- 4%

LOSSES CANNOT BREACH THE 5% MARK OF ACCOUNT EQUITY  FOR 1-PHASE ASSESSMENTS, OR A 4% MARK FOR 2-PHASE ASSESSMENTS IN A GIVEN DAY.

For both demo and live trading accounts the following rules apply: 

Hard breach rules, which will disqualify your account:

  • Daily Loss Limit: 5% for 1-phase , 4% for 2-phase
  • Max Trailing Drawdown: 6% for 1-phase , 8% for 2-phased
  • No trades placed for 30 days 

Soft breach rules, which will close positions and you can continue trading:

  • Stop-loss required for each trade, at the time the trade is executed
  • Maximum open lots with risk
    • Positions closed for the weekend.

 

ASSETS ALLOWED TO TRADE 

IMPACT TRADER ALLOWS FREEDOM IN CHOOSING DIFFERENT ASSET CLASSES TO TRADE, INCLUDING FOREX, CRYPTOCURRENCY, & INDICES

 

TRADABLE INSTRUMENTS

THE IMPACT TRADER PROGRAM HAS A VARIETY OF INSTRUMENTS AVAILABLE, INCLUDING FOREX, SELECT EQUITIES, MAJOR STOCK MARKET INDICES, METALS, OIL, & CRYPTOCURRENCIES. 

ALL PLATFORMS AND PRODUCTS ARE OFFERED THROUGH OUR PARTNER BROKER EIGHTCAP.

 

HOW DO I GET STARTED AS A FUNDED TRADER?

THE FIRST STEP IS DECIDING WHICH TIER AND PHASE PROGRAM SUITS YOU BEST–THE AUDITION IS TO TEST YOUR RISK MANAGEMENT, PROFITABILTY, AND SKILLS AS A TRADER. ONCE YOU PASS THE AUDITION, WE WILL SET YOU UP WITH A FUNDED ACCOUNT!

HOW LONG DOES IT TAKE TO BECOME FUNDED WITH IMPACT TRADER?

UNLIKE MANY OTHER FIRMS, WE DO NOT REQUIRE A MINIMUM AMOUNT OF TRADING DAYS. SIMPLY ACHIEVE THE PROFIT TARGETS WITH YOUR CHOSEN TIER AND PHASE PROGRAM WHILE NOT INCURRING THE DAILY DRAWDOWN OR MAXIMUM DRAWDOWN LIMITS.

WHAT HAPPENS ONCE I'VE PASSED THE IMPACT TRADER AUDITION?

UNLIKE MANY OTHER FIRMS THAT TAKE TWO OR MORE BUSINESS DAYS TO REVIEW YOUR ASSESSMENT, IMPACT TRADER WILL GET YOU INTO A FUNDED ACCOUNT WITHIN 24-48 HOURS. AS SOON AS YOU PASS YOUR AUDITION, AN EMAIL WILL BE SENT BY DEEL, OUR WITHDRAWAL PAYMENT PROCESSOR, TO SET UP YOUR ACCOUNT. PLEASE ALLOW 24-48 HOURS AFTER YOU REGISTER YOUR ACCOUNT.

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