After you have successfully completed Tier 2 of the TopTier Challenge Regular, TopTier Challenge Swing, or TopTier Challenge Plus and proceeded to the funded phase you will receive a refund of the initial or time extension fee with your first monthly withdrawal. Your sign-up fee will not be refunded until you have generated sufficient profits for a withdrawal.
Maximum Allowed Accounts
We allow for each trader to have up to twenty-four active accounts depending on the account size combination as the maximum total initial funds on all accounts can not exceed $600K.
For example, you may have twenty-four $25K accounts, twelve $50K accounts, six $100K accounts, three $200K accounts, or a mix between account sizes.
Traders can scale up their capital to $2 Million.
Payout Requests
In order to request a payout, you must not only be eligible for a payout but must also submit a request from your trader’s dashboard. Please note that in order to be eligible for a payout you must meet the following conditions:
First Payout Request
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14 or 30 days from the first trade on the account depending on purchasing the 14-Day Payout Add-on
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No active trades on the account
Subsequent Payout Requests
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14 days from the first trade after the last payout on the account (regardless of add-on purchase)
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No active trades on the account
Payout Methods
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BTC
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Wise
Payouts will be processed within 3 – 5 business days after we have received confirmation from the trader regarding their payout amount and details.
Wise payouts will require traders to possess a Wise account. As such, you will be required to create a Wise account under the email registered on our platform so we can issue your payout to you.
Note that you will be responsible for any transaction fees from processing your payout. Your account will also be placed on read-only until your payout has been completed.
Payouts will only be made to accounts that have fully verified their KYC via our verification partner Sumsub.
Note that under no circumstance will you be eligible for a payout if you breach your funded account regardless of the profitability of the funded account.
Account Merges
TopTier accounts may be merged once they have completed the challenge phase and are fully funded. You may only merge accounts of the same type, below are the possible merge combinations:
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TopTier Funded Regular account merged with another TopTier Funded Regular account.
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TopTier Funded Swing account merged with another TopTier Funded Swing account.
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TopTier Funded Plus account merged with another TopTier Funded Plus account.
There are no other possible merge combinations besides those stated above. You may request a merge if your account meets the below conditions:
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Two or more accounts at the initial balance.
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Have not breached any drawdown limit.
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Have not violated any trading rules.
If the above conditions are met, then a trader may request for a merge either via our live chat or email.
Min & Max Trading Days - Funded
We do not have a minimum sim trading day requirement on our funded account, nor is there a maximum sim trading day rule.
TopTier Funded Requirements
In order to stay a TopTier Funded trader, you need to avoid breaching the simulated drawdown limits based on your funded account type and any other rules.
TopTier Funded Regular
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Lose no more than 5% of the day’s starting sim balance, this would be the daily simulated drawdown limit.
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Lose no more than 10% of the initial sim balance meaning that the account should not reach 90% of its initial value, this would be the max overall simulated drawdown limit.
TopTier Funded Swing
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Lose no more than 5% of the day’s starting sim balance, this would be the daily simulated drawdown limit.
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Lose no more than 10% of the initial sim balance meaning that the account should not reach 90% of its initial value, this would be the max overall simulated drawdown limit.
TopTier Funded Plus
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Lose no more than 5% of the starting day’s sim balance or the starting day’s sim equity depending on which is higher. This would be the daily simulated drawdown limit.
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Lose no more than 8% of the initial sim balance meaning that the account should not reach 92% of its initial value, this would be the max overall simulated 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.
You may find out more about the drawdown rules at the below links.
For more informations about TTT Challenge