Here are some of the recent updates that we have made to TopTier Trader:
- • All Challenges now have a minimum trading day of 4 instead of 7.
- • TopTier Plus traders have their first payout after 14 days of their first trade on their funded accounts.
- • TopTier Plus now has 70 days to complete Tier 2 instead of 60 days.
- • TopTier Affiliates now get paid out of their bank accounts or debit cards.
Also, we want to reiterate some of the processes and rules of our challenges:
TopTier Challenge Plus Tier 1 Upgrade
Upon passing the TopTier Challenge Plus Tier 1 challenge, you shall receive your Tier 2 credentials via email within 36 – 48 hours. The only way to pass the challenge is to meet these requirements:
- • Met the profit target of 8%
- • Met the minimum of 4 trading days
- • Closed all active trades on the Tier 1 account
- • Have not violated any of our rules
TopTier Challenge Regular or TopTier Challenge Swing Tier 2 Challenge Upgrade
Upon passing the TopTier Challenge Regular or TopTier Challenge Swing Tier 2 challenge, your TopTier account should be issued within 36 – 48 hours. All of these conditions must be met before receiving funding:
- • Met the profit target of 5%
- • Met the minimum of 4 trading days
- • Closed all active trades on the Tier 2 account
- • Have not violated any of our rules
Drawdown Limits
In order to stay a TopTier Funded trader, you need to avoid breaching the drawdown limits based on your funded account type and any other rules.
TopTier Funded Regular:
- • Lose no more than 5% of the day’s starting balance, this would be the daily drawdown limit.
- • Lose no more than 10% of the initial balance meaning that the account should not reach 90% of its initial value, this would be the max drawdown limit.
TopTier Funded Swing:
- • Lose no more than 5% of the day’s starting balance, this would be the daily drawdown limit.
- • Lose no more than 10% of the initial balance meaning that the account should not reach 90% of its initial value, this would be the max drawdown limit.
TopTier Funded Plus:
- • Lose no more than 5% of the initial balance, this would be the daily drawdown limit.
- • Lose no more than 8% of the initial balance meaning that the account should not reach 92% of its initial value, this would be the max drawdown limit.
If you manage to avoid the above conditions whilst being profitable, you will be eligible for your first payout in 14 or 30 days from your first trade on the funded account depending on the funded account type. Thereafter payouts will be biweekly.
