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Group (4)

Swing Trading - Swing

You are allowed to swing positions over the weekend on your TTT Challenge Swing accounts.

Weekend Trading - Swing

We allow weekend trading on the TopTier Challenge Swing accounts provided that the instruments are tradeable on the weekend (eg. cryptocurrencies).

Copy Trading - Swing

You can not copy trades to the TopTier Challenge Swing accounts. However, you may copy trades from the TopTier Challenge Swing accounts to the TopTier Challenge Plus accounts.

Payout Request - Swing

In order to request a payout from your TopTier Funded Swing account, 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

  • 30 days from the first trade on the account

  • No active trades on the account

Subsequent Payout Requests

  • 14 days from the first trade after the last payout on the account

  • No active trades on the account

Payout Methods

  • BTC

  • 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.

Swing Trading - Regular

You may not swing trade over the weekend on your TTT Challenge Regular accounts. All positions will be liquidated on Friday at 4PM EST if any are open and your account disabled till Sunday 5PM EST. Note that if your positions are liquidated it would not result in a breach of your challenge account.

Weekend Trading - Regular

We do not allow weekend trading on the TopTier Challenge Regular accounts. All positions will be liquidated on Friday at 4PM EST and your account disabled till Sunday 5PM EST.

Payout Request - Regular

In order to request a payout from your TopTier Funded Regular account, 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

  • 30 days from the first trade on the account

  • No active trades on the account

Subsequent Payout Requests

  • 14 days from the first trade after the last payout on the account

  • No active trades on the account

Payout Methods

  • BTC

  • 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.

Copy Trading - Regular

You may not copy trades to the TopTier Challenge Regular accounts. However, you may copy trades from the TopTier Challenge Regular accounts to the TopTier Challenge Plus accounts.

Scaling Plan

TopTier Trader Regular and Swing accounts offer a scaling plan that not only allows traders to increase their simulated account size based on consistent performance but also allows them to increase their potential payout over time.

 

You may request to have your account reviewed every three months to see if you are eligible for an account scaling.

 

To scale your account, you must be profitable for at least two out of three months and have an average of 6% virtual profit or more over the three-month period.

 

Scaling up increases your sim account value by 25% of the original starting account sim balance and can be earned all the way up to $2M USD.

 

For example, if you start with a $100K sim account and are profitable two out of three months with at least a 6% virtual profit you will qualify for a 25% scale increase on your sim account. So, the next month you will be given an additional $25K added to the initial virtual balance of your account.

Challenge Reset

In order to be eligible for a reset on the TopTier Challenge accounts, a trader’s challenge would need to be:

  • A failed Tier 1 challenge

  • Within 24 hours of failure

If the above conditions are met then you will be eligible for a challenge reset where you will start your challenge from Tier 1 at a discounted rate.

Account inactivity

TopTier Challenge Regular and TopTier Challenge Swing accounts are automatically disabled after 30 days of inactivity from the date of issue by the broker which would be your purchase date.

To avoid your account from being disabled please log into your account at least once every 30 days to avoid the account from being disabled.

If your account is disabled, please send an email to [email protected] or contact our live chat to get a new account issued to you when you are ready to start your challenge.

If your account is 0.25% away from breaching you will not be issued a new account.

Max Overall Simulated Drawdown

The max overall simulated drawdown limit for the TopTier Challenge Regular or TopTier Challenge Swing is based on your initial simulated balance and is 10% of that value.

 

For example, if you have an initial sim balance of $100,000.00, your max overall sim drawdown limit would be $10,000.00. Meaning that your sim account’s equity would not be allowed to go below $90,000.00.

 

Another example would be if you had an initial sim balance of $100,000.00 but your current sim balance is $150,000.00, your max overall sim drawdown limit would still be $10,000.00 which is based on your initial sim balance. Meaning that your sim account’s equity would not be allowed to go below $90,000.00.

 

A simple way to calculate the max overall sim drawdown is:

  • Initial Sim Balance X 0.10 = Drawdown Limit

  • Initial Sim Balance – (Initial Balance X 0.10) = Drawdown Equity Limit

 

Note that exceeding the max overall simulated drawdown limit will result in the automatic failure/breach of your account.

Daily Simulated Drawdown Limit

The daily simulated drawdown limit for the TopTier Challenge Regular or TopTier Challenge Swing is based on the day’s starting virtual balance and is 5% of the value at 5PM EST.

 

For example, if you have a virtual balance and equity of $100,000.00 at 5PM EST, your daily sim drawdown limit would be $5,000.00. Meaning that your account’s sim equity would not be allowed to go below $95,000.00.

 

Another example would be if you had a sim balance of $150,000.00 at 5PM EST but your equity was $175,000.00, your daily sim drawdown limit would be $7,500.00 which is based on your sim balance at 5PM EST. Meaning that your account’s sim equity would not be allowed to go below $142,500.00.

 

A simple way to calculate the daily sim drawdown is:

  • Starting Day’s Balance X 0.05 = Drawdown Limit

  • Starting Day’s Balance – (Starting Day’s Balance X 0.05) = Drawdown Equity Limit

 

Note that exceeding the daily sim drawdown limit will result in the automatic failure/breach of your account.

Min & Max Trading Days

The TopTier Challenge Regular and TopTier Challenge Swing accounts have a minimum and no maximum sim trading day rule. In order to pass the challenge, you need to meet the minimum sim trading days within the maximum sim trading days.

 

Minimum Sim Trading Days

  • Tier 1 has a minimum of 4 sim trading days

  • Tier 2 has a minimum of 4 sim trading days

Maximum Sim Trading Days

  • Tier 1 has unlimited sim trading days

  • Tier 2 has unlimited sim trading days

Profit Targets

In order to advance through the Tiers of the TopTier Challenge Regular or the TopTier Challenge Swing, you need to reach a certain virtual profit target and trade a minimum of 4 sim days on the respective Tier.

 

Below are the virtual profit targets for each Tier:

  • Tier 1 – 10% (Unlimited Trading Days)

  • Tier 2 – 5% (Unlimited Trading Days)

Once you have reached TopTier Trader you do not need to meet any virtual profit targets or minimum sim trading days.

Tier 2 Upgrade

Congratulations on passing the TopTier Challenge Regular or TopTier Challenge Swing Tier 2 challenge! Your TopTier sim account should be issued within 36 – 48 hours. Note that you would need to have met the below conditions on your Tier 2 account to have your TopTier account issued:

  • Met the virtual profit target of 5%

  • Met the minimum of 4 sim trading days

  • Closed all active trades on the Tier 2 sim account

  • Have not violated any of our rules

Once all the above conditions are met note that you would be required to submit your KYC and sign our Trader’s Agreement in order for your TopTier sim account to be enabled for trading, which in turn gets the credentials sent out to you. Until this has been done, your account will not be tradeable and you will not receive the credentials. Once completed, your account will be enabled for trading on the upcoming Monday, Wednesday, or Friday.

For more information about KYC/AML Screening

KYC/AML Screening

Tier 1 Upgrade

Congratulations on passing the TopTier Challenge Regular or TopTier Challenge Swing Tier 1 challenge! You should receive your Tier 2 credentials via email within 36 – 48 hours. Note that you would need to have met the below conditions on your Tier 1 sim account to receive your Tier 2 credentials:

  • Met the virtual profit target of 10%

  • Met the minimum of 4 sim trading days

  • Closed all active trades on the Tier 1 sim account

  • Have not violated any of our rules

Once all the above conditions are met you should receive your Tier 2 credentials.

EA Trading - Swing

You may not use a trading robot on your TTT Challenge Swing account. Doing so would result in a breach/violation of your account.

Leverage - Swing

Our special group within Think Markets has been designed to meet the requirements for operating a prop firm. Since you are allowed to hold trades overnight and over the weekend, our leverage in certain instruments has to be lowered in order to not expose us to more risk than necessary in the event of a price gap or extreme volatility.

 

Below are the leverages we offer with their respective instruments:

 

TTT Challenge Swing

  • Forex 1:30

  • Gold and Commodities 1:10

  • Indices 1:5

  • Crypto 1:1

EA Trading - Regular

You may not use a trading robot on your TTT Challenge Regular account. Doing so would result in a breach/violation of your account.

Leverage - Regular

Our special group within Think Markets has been designed to meet the requirements for operating a prop firm. Since you are not allowed to hold trades over the weekend on our TTT Challenge Regular accounts, our leverage in specific instruments is higher when compared to our TTT Challenge Swing accounts.

 

Below are the leverages we offer for their respective instruments:

 

TTT Challenge Regular

  • 1:100 – Forex

  • 1:40 – Gold & Commodities

  • 1:30 – Indices

  • 1:2 – Crypto

Tier 2 Requirements

In order to pass the Tier 2 stage of the TopTier Challenge Regular or TopTier Challenge Swing, you need to have met the below conditions:

  • Made 5% of the initial virtual balance

  • Traded a minimum of 4 sim days

  • Not violated either the virtual daily or max drawdown rule

If the above conditions have been met you will then be able to advance to the TopTier Trader stage.

Tier 1 Requirements

In order to pass the Tier 1 stage of the TopTier Challenge Regular or TopTier Challenge Swing, you need to have met the below conditions:

  • Made 10% of the initial virtual balance

  • Traded a minimum of 4 sim days

  • Not violated either the daily or max virtual drawdown rule

If the above conditions have been met you will then be able to advance to the Tier 2 stage. Tier 2 credentials are automatically sent via email within 36 – 48 hours.