Firm Overview
Trading infrastructure and payment options
Broker
EdgeClear
Trading Platforms
1 platforms available
Payment Methods
Deposit options
Payout Methods
Withdrawal options
Challenges & Journey
Challenges & Journey
Choose your path to funded trading
| 25K 1-Step Daily | 50K 1-Step Daily | 100K 1-Step Daily | 150K 1-Step Daily | 25K 1-Step Sprint | 50K 1-Step Sprint | 100K 1-Step Sprint | 150K 1-Step Sprint | 25K 1-Step Daily Ultra | 50K 1-Step Daily Ultra | 100K 1-Step Daily Ultra | 25K Instant Funded Direct | 50K Instant Funded Direct | 100K Instant Funded Direct | 25K Instant Funded Bolt | 50K Instant Funded Bolt | 100K Instant Funded Bolt | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit Split | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% | 80.000% | 80.000% | 80.000% | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% | 90.000% |
| Max Drawdown | 4.000% | 4.000% | 3.000% | 3.000% | 4.000% | 4.000% | 3.000% | 3.000% | 4.000% | 4.000% | 3.000% | 4.000% | 4.000% | 3.000% | 4.000% | 4.000% | 3.000% |
| Daily Loss Limit | — | — | — | — | — | 2.400% | 1.800% | 1.800% | — | — | — | — | 3.000% | 2.500% | — | 3.000% | 2.500% |
| Phase 1 Target | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | — | — | — | — | — | — |
| Min Trading Days | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Drawdown Type | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing | EOD Trailing |
| Payout Frequency | Daily, requestable from day one on a funded account | Daily, requestable from day one on a funded account | Daily, requestable from day one on a funded account | Daily, requestable from day one on a funded account | Daily from the second payout onwards | Daily from the second payout onwards | Daily from the second payout onwards | Daily from the second payout onwards | Unlimited payout requests per day, from day one on a funded account | Unlimited payout requests per day, from day one on a funded account | Unlimited payout requests per day, from day one on a funded account | Daily from the first day | Daily from the first day | Daily from the first day | Daily from the second payout onwards | Daily from the second payout onwards | Daily from the second payout onwards |
| Trading Rules | |||||||||||||||||
| News Trading | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed |
| Copy Trading | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed |
| EAs Allowed | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Weekend Holding | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Overnight Holding | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Stop Loss Required | |||||||||||||||||
| Refundable Fee | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
Leverage Ratios
Maximum leverage by asset class and challenge type
| Asset Class | InstantNo evaluation | 1-StepSingle phase | 2-StepsTwo phases | 3-StepsThree phases |
|---|
Higher leverage increases both potential profits and risks. The 2-Step challenge offers the highest leverage ratios.
Payout Policy
Profit withdrawal rules and schedules
Payouts are requested daily and are available from the first day on a simulated funded account. Account reconciliation runs between 5:00 PM and 6:00 PM EST, and requests are submitted after it. Funds leave the account immediately on request and trading can continue while the request is reviewed. The firm states an average processing time of around five hours.
Withdrawals are handled through Rise Works, which supports bank transfer and cryptocurrency.
- 1-Step Daily pays 90 percent and allows a request from day one. Each payout sits between a minimum and maximum tied to account size, from 250 to 500 dollars on the 25K up to 1,500 to 2,500 dollars on the 150K. An unwithdrawable buffer must be exceeded first, from 1,100 dollars on the 25K to 4,100 dollars on the 150K, and from the second payout onward a minimum profit must be made between requests.
- 1-Step Sprint pays 90 percent, with daily requests from the second payout onward and a fixed payout amount per account size.
- Instant Funded Direct pays 90 percent and allows a request from the first day, subject to reaching 5 percent of the initial account size in profit between requests and to the biggest trade rule.
- Instant Funded Bolt pays 90 percent, with daily requests from the second payout onward and the same 5 percent profit requirement between requests.
- 1-Step Daily Ultra pays 80 percent, allows unlimited requests per day from day one, sets a 250 dollar minimum with no maximum and applies no buffer. The drawdown threshold locks at starting balance plus 100 dollars after the first request, and withdrawing down to that level closes the account.
A payout request cannot be edited or cancelled once submitted, and it is denied if the account fails before the request is processed. Traders may be moved to a live account after four payouts on a single account or ten payouts since the last transition. On Daily Ultra the move happens only after 100,000 dollars has been withdrawn on that account.
Instruments & Assets
Available trading instruments and asset classes
Instrument Type
Contract for Difference
Trade price movements without owning the underlying asset
Futures
Available
Indices
Available
FX
Available
Energy
Available
Metals
Available
Other Commodities
Available
Crypto
Available
Commission Structure
Trading fees by asset class
One commission schedule covers every evaluation and simulated funded account. Fees are charged per side and quoted below as round turn. Micro contracts cost substantially less than their mini equivalents.
- Equity index futures: ES, NQ, YM, RTY and NKD at 5.76 dollars, EMD at 5.66 dollars. Micros MES, MYM, MNQ and M2K at 1.82 dollars.
- Currency futures: 6A, 6B, 6C, 6E, 6J and 6N at 6.20 dollars, 6S at 10.20 dollars. Micros M6A, M6E and M6J at 1.60 dollars.
- Metal futures: GC, SI, HG, PL and PA at 6.20 dollars, QI and QO at 5.00 dollars, MGC at 2.12 dollars.
- Energy futures: CL and HO at 6.00 dollars, NG at 6.20 dollars, QM and RB at 5.40 dollars, QG at 4.00 dollars, MCL at 2.12 dollars.
- Agricultural futures: ZC, ZL and GF at 7.20 dollars, HE and ZM at 9.20 dollars, LE at 11.20 dollars, ZS at 15.20 dollars, ZW at 17.20 dollars.
- Cryptocurrency futures: Micro Bitcoin at 5.52 dollars, Micro Ethereum at 4.92 dollars.
Level 1 top of book market data is included with every account. Level 2 depth is an optional add-on billed monthly, at 36 dollars through dxFeed or 41 dollars through Rithmic, each covering all four exchanges. Depth cannot be bought for a single exchange.
Live accounts run on a separate schedule set by the broker EdgeClear, which itemises exchange and NFA fees, commission and a routing fee per side. On that schedule ES, NQ, YM and RTY come to 4.78 dollars round turn and their micros to 1.38 dollars.
Futures
One commission schedule applies to all evaluation and simulated funded accounts, charged per side and quoted round turn. Micro contracts carry materially lower fees than their mini equivalents. Live accounts use the separate EdgeClear schedule, which splits exchange and NFA fees, commissions and a routing fee.
Indices
Equity index futures, round turn: ES, NQ, YM, RTY, NKD $5.76; EMD $5.66. Micros: MES, MYM, MNQ, M2K $1.82.
FX
Currency futures, round turn: 6A, 6B, 6C, 6E, 6J, 6N $6.20; 6S $10.20. Micros: M6A, M6E, M6J $1.60.
Energy
Energy futures, round turn: CL $6.00, HO $6.00, NG $6.20, QM $5.40, RB $5.40, QG $4.00, MCL $2.12.
Metals
Metal futures, round turn: GC, SI, HG, PL, PA $6.20; QI, QO $5.00; MGC $2.12.
Other Commodities
Agricultural futures, round turn: ZC, ZL, GF $7.20; HE, ZM $9.20; LE $11.20; ZS $15.20; ZW $17.20.
Crypto
Cryptocurrency futures, round turn: Micro Bitcoin (MBT) $5.52, Micro Ethereum (MET) $4.92.
Consistency Rules
Performance requirements to maintain your account
Consistency is applied per plan, and on several plans the threshold is chosen at checkout. The rule caps how much of total profit a single day may represent, calculated as total balance needed equals biggest daily profit divided by the consistency percentage.
- 1-Step Daily: your most profitable day cannot account for more than 50.99 percent of total profits, a 50 percent rule with a 0.99 percent buffer that allows a pass in two trading days. A 35 percent consistency can be selected instead, in which case the most profitable day cannot exceed 35 percent.
- 1-Step Sprint: no consistency rule applies during the evaluation, so the target can be reached in a single trading day. A 25 percent rule applies to the first payout only, after which daily requests are available.
- 1-Step Daily Ultra: choose 26 percent or 35 percent at checkout. The 26 percent figure includes a 1 percent cushion and allows a pass in four days, while 35 percent allows a pass in three days with no cushion. The rule applies during the evaluation only and is cleared once.
- Instant Funded Bolt: a 20 percent rule applies to the first payout only. No single day's profit may exceed 20 percent of total profits generated.
- Instant Funded Direct: no day based consistency rule. Instead a biggest trade rule applies, under which no single trade may account for more than 15 percent of total profits generated since the last payout or starting balance at the time a new request is submitted.
For the biggest trade rule, trades on the same instrument or within the same group, such as the equity indices ES, NQ, YM and RTY and their micro equivalents, taken in the same direction within three minutes of each other are treated as one trade idea and combined.
Prop Trading Rules
Trading conditions and rules for prop accounts
FundedSeat runs futures evaluations and simulated funded accounts on CME, COMEX, NYMEX and CBOT products, and the same trading rules apply to both stages.
- News trading is allowed. There are no restrictions around economic releases.
- No overnight or weekend holding. All positions must be closed before 4:59 PM EST Monday through Thursday and before 3:59 PM EST on Friday. Anything still open is closed automatically at that time, which does not fail the account. Trading reopens at 6:00 PM EST Monday through Thursday and on Sunday evening. Swing trading and holding across multiple days are not possible.
- Automated trading is prohibited. Bots, algorithmic systems and expert advisors are not permitted.
- Copy trading is allowed between accounts you personally own and actively trade. Mirroring a third party signal, group trading and account management services are prohibited, and you remain responsible for every trade a copier places.
- Microscalping is limited rather than banned. At least 50 percent of total profit must come from trades held longer than 10 seconds.
- Prohibited strategies include gap trading, high frequency trading, hedging and opposite account trading, latency and long short arbitrage, toxic order flow, server spamming, and trading mini and micro contracts on the same instrument at the same time.
- VPN use is not permitted during trading sessions. A VPS is allowed provided the session is first opened from your own connection.
Firm Rules
Guidelines and restrictions for funded accounts
Trading takes place in a simulated environment. Outside the drawdown maths, these are the conditions that close or restrict an account.
- Breaching the end of day trailing drawdown fails the account. The daily loss limit, where a plan carries one, is a soft breach instead: hitting it pauses trading for the rest of the day and the account can resume next session.
- Account allocation is capped. There is no limit on how many evaluations may be bought and traded at once, but a trader may hold a maximum of five funded accounts, of which at most three may be 150K or 50 percent consistency plans. Daily Ultra is counted separately, with up to two active accounts alongside the five regular funded accounts. A newly passed evaluation is held until allocation frees up.
- Inactivity closes accounts. An evaluation account requires at least one trade every 20 calendar days. A funded account requires at least one trade per week, Monday through Friday, per account rather than per trader. Logging in or viewing statistics does not count. An account removed for inactivity cannot be reinstated.
- Accounts must be traded by the account holder alone. Team or group trading, trading on someone else's behalf and shared devices all lead to disqualification and account closure.
- Identity verification is required, and residency documentation may be requested where a trader's location is unclear.
- All fees are non-refundable, including evaluation fees, resets, data fees and add-ons, once platform access or login credentials have been issued.
Restricted Countries
Geographic limitations for account registration
Service Unavailable
Trading services are not available for residents of the following countries due to regulatory restrictions:
If your country is listed above, you will not be able to create an account or access trading services with this firm.
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