Prestige Lite Program

Our Prestige Lite Program is a two-phase static drawdown evaluation account. Upon passing, you will then receive a simulated FT+ Trader Account. In this final phase, and subject to our in-house risk-review, you will be able to withdraw simulated profit within the account in real-world funds, in line with the program’s parameters, below.

The Prestige Lite Trader Program is a two-phase static drawdown evaluation account.

Once you pass, you’ll receive a simulated FT+ Trader Account.

In the final phase, subject to our in-house risk review, you’ll be able to withdraw any simulated profits as real-world funds.

Account Size

…

Phase 1 – Evaluation #1

6% Simulated Profit Target

6% Simulated Maximum Loss

3% Daily Simulated Loss Limit

3 Minimum profitable trading days of at least 0.5% simulated profit

No Stop Loss Required
Hold Overnight & Weekend

2% Symbol Loss Limit

Phase 2 – Evaluation #2

6% Simulated Profit Target

6% Simulated Maximum Loss

3% Daily Simulated Loss Limit

3 Minimum profitable trading days of at least 0.5% simulated profit

No Stop Loss Required
Hold Overnight & Weekend

2% Symbol Loss Limit

FT+ Trader Account

After completing the evaluation phase 2, you will gain access to the ‘FT+ Trader Phase’. In this phase you will be in our simulated-live environment, where you can withdraw real-world funds from your simulated gains once every 7 days, as long as you are eligible. Eligibility is subject to meeting the conditions of the Minimum Profitable Trading Days and having reached the minimum withdrawal criteria. This phase has the same Maximum Simulated Loss, Daily Simulated Loss Limit, and Symbol Loss Limits of your previous phases.

Simulated Profit Share & Withdrawals

For withdrawal requests on this program, we offer a fixed profit split of 80/20. This means that when you make a withdrawal request, you will receive 80% of the requested simulated funds, in real-world currency. All withdrawal requests are subject to our internal risk review, and we always aim to complete these promptly for you.

Making a withdrawal request is simple from within your FT+ Dashboard. For this program, you will need to have met all withdrawal conditions, and your account must be flat (meaning no open trades). You can then withdraw the simulated profit you make on your account. For this program, the minimum amount you can withdraw is 1% of the simulated starting balance. Your first withdrawal can be made 7 days after receiving your FT+ Trader account, and then once every 7 days thereafter.

FT+ Trader withdrawals start with an 80/20 profit split.

Requests are made easily through the FT+ Dashboard, with minimum withdrawal of 1% of the account size and no open trades required for Prestige Lite accounts.

The first withdrawal is available after 7 days, with subsequent withdrawals every 7 days.

Simulated Loss

Rules


We have simple rules in place for our programs. This is to ensure that everyone who takes part in our evaluation or instant programs knows exactly what is expected of them.
Breaking a hard rule will breach your account and result in account closure. Breaking a soft rule would never result in account closure. A soft rule break would only result in the system automatically closing any open position that breaches a soft rule.

We have simple hard and soft rules to protect our capital and the simulated profits of our traders.

Breaking a hard rule results in account closure.

Breaking a soft rule will not close your account but will automatically close any open positions that violate the rule.

  • Hard Rules
  • Do not breach our Daily Simulated Loss limit
  • Do not breach our total Maximum Simulated Loss limit
  • Do not breach our Symbol Loss limit
  • Soft Rules
  • There are no soft rules that will close a trade
  • Minimum Profitable Trading Days Rule
  • Minimum simulated gain of 0.5% of your account size on three separate days

Daily Simulated Loss


Daily Simulated Loss will start at 3% of the original account size. Then, with each new trading day, it will become 3% of the prior day’s balance or equity, whichever is higher. This update happens when the server’s clock hits 23:59 (16:59 EST) and prevents you from losing too much in a single day. This will always be updated in your FT+ dashboard. The best way to explain the daily loss limit is by example:

Daily loss limit starts at 3% of the original account and updates to 3% of the prior day’s balance at 23:59 server time.

Daily Simulated Loss Help Center
  • Day Example 1
  • Previous Day Starting Balance at 23:59 = $100,000
  • Daily Loss Limit = $3,000 (3%)
  • $100,000 – $3,000 = $97,000
  • Day Example 2
  • Previous Day Starting Balance at 23:59 = $106,000
    Previous Day Equity at 23:59 $107,500
  • Daily Loss Limit (3%) of the higher equity figure = $3,225
  • $107,500 (Prior Day’s Equity) – $3,225 = $104,275
Note: If the trader has winning trades in a given day, the amount those winning trades make is added to the daily simulated loss allowance for that day

Static Maximum Simulated Loss


Our Static Maximum Simulated Loss is set at the beginning and remains unchanged. Static Drawdown does not adjust with account highs or new closed balance peaks.

Static Maximum Simulated Loss stays fixed from the start and doesn’t adjust with account highs or balance peaks.

Maximum Simulated Loss Help Center
  • Example 1
  • Starting Balance = $100,000
  • Total Maximum Simulated Loss Limit = $6,000 (6%)
  • 6% of $100,000 = $6,000. $100,000 – $6,000 = $94,000
  • Example 2
  • Day Starting Simulated Balance = $111,000
  • Total Maximum Simulated Loss Limit = $17,000
You can learn about Static Maximum Simulated Loss here

Symbol Loss Limit


The Symbol Loss Limit for this program is 2%. This figure is calculated from the prior day’s balance at 23:59 server time (16:59 EST). This rule will trigger if you have a cumulative loss of 2% of this figure, as a result of positions on a particular symbol (e.g. 2% loss on XAU/USD positions).

The Symbol Loss Limit for this program is 2%. This figure is calculated from the prior day’s balance at 23:59 server time (16:59 EST). This rule will trigger if you have a cumulative loss of 2% of this figure, as a result of positions on a particular symbol (e.g. 2% loss on XAU/USD positions).

Symbol Loss Limit Help Center
  • Example 1
  • Account's Un-traded Starting Balance at 23:59 = $100,000
  • Symbol Loss Limit = $2,000 (2%)
  • Cumulative losses from one trading symbol (e.g. XAU/USD) cannot exceed $2,000.
  • Example 2
  • Previous Day Balance at 23:59 = $103,000
  • Symbol Loss Limit = $2,060 (2% of $103,000)
  • Cumulative losses from one trading symbol (e.g. XAU/USD) cannot exceed $2,060.
You can learn more about Symbol Loss Limits here

Need help?

Access our Help Center to get in depth answers to your questions. If your specific query isn’t covered in our Help Center, feel free to contact our Live Chat team, who are available 24/7 and are happy to help!

What’s Allowed

We pride ourselves on being simple, transparent and trustworthy. As such we like to give our traders as much flexibility as possible. This is why we allow:

  • Trading and holding overnight
  • Unlimited time to complete the evaluation phases
  • Any strategies including Expert Advisors (Providing they do not utilise arbitraging methods)

You can also read all information about the Prestige Lite Trader Program, in more detail, in our Funded Trading Plus Help Center.

We pride ourselves on being simple, transparent and trustworthy. As such we like to give our traders as much flexibility as possible. This is why we allow:

  • Trading and holding overnight
  • Unlimited time to complete the evaluation phases
  • Any strategies including Expert Advisors (except those using arbitrage)
Prestige Lite Trader Help Center Prestige Lite Trader Help Center

Does My Account Expire?

Your account does not have a time limit to complete any evaluation, or trade on your FT+ Trader account. However, your account would expire in the event that you do not place at least one trade in any 30-day period. Placing at least one trade, means both open and close of a position, to register activity on your account.



This provision is in place due to our partnered brokers, and is to ensure that the servers remain outage free and run as smoothly as possible.

Your account has no time limit for evaluations or trading. However, it will expire if no trades are placed within 30 days. A trade must be both opened and closed to count. This policy is required by our partnered brokers to maintain server stability.

Prestige Lite Trader Help Center

Prestige Lite Program — Industry Leading Scaling Plan

Our Prestige Lite Program has a unique scaling plan within the FT+ lineup, and we believe it is the best scaling plan available for any static drawdown programs in the funded trading industry!

With our Prestige Lite Program Scaling Plan, you can scale your account all the way up to a starting balance of $2,500,000 in simulated funds!

Our Prestige Lite Trader scaling plan lets you grow your account up to $2,500,000 in simulated funds—one of the best in the industry!

  • Your closed balance on your FT+ Trader simulated live account must hit the scaling target for your account (see scale table).
  • No open trades at the time of scaling request (account will be disabled while the scale is actioned, and re-enabled once complete).
  • To scale up, you must have 10% simulated profit in your closed balance. Each level requires 10% new profit, with no carryover from previous levels. Skipping levels isn’t allowed.
  • Subject to risk review upon scaling request.
Prestige Lite Trader Scaling Help Center

What Happens to Your Drawdown?

Your maximum simulated loss is linked to your newly scaled account starting size. 

This means if your new account starting size after scaling is $100,000, your maximum simulated loss will be calculated from this figure (e.g. 6% of $100,000 = $6,000). In this specific example, your simulated account balance would have to decrease to less than $94,000 in order to trigger a breach of the maximum simulated loss rule, on your newly scaled account.

Daily simulated loss continues to be calculated from your prior day’s closed account balance or equity at 23:59 server time, whichever is higher.

For more information about drawdown types, please refer to our Dedicated Help Center .

When Can You Scale?

We have tried to simplify the process other firms use to determine when you can request to scale your account size.  With Funded Trading Plus, it’s as simple as 1, 2, 3!

  • You must have made a minimum of 1 approved withdrawal from your ‘FT+ Trader’ account.
  • You must have held your account for at least 2 months prior to your first scaling request, or have 2 months elapsed since your last successful account scaling.
  • You must have a withdrawable profit of at least 20% of your starting account balance. 

How to Make a Scaling Request

  • Ensure you meet all the requirements in respect of simulated profit, timescales, and withdrawal criteria.
  • Ensure that you have no active simulated-trades open on your account.
  • Raise a support ticket, to request an account scaling review.
  • We will then temporarily disable your account whilst we perform the relevant risk review, and determine whether scaling is appropriate in the circumstances.
  • If your request is approved, we will make all necessary amendments to your account balance and drawdown parameters.

 

In all cases we aim to complete the scaling request review and communicate our decision within 48 business hours (Monday – Friday) of your request.

Why Would You Choose to Scale?

The idea of scaling is linked to simulated buying power. Simply put, some choose to increase their buying power to strive for larger simulated gains.

With this, there is always a concern that due to the increased buying power, traders will change their approach to risk. Because of this, all scaling requests are subject to our normal Risk Review Policy to ensure that those who request to scale are demonstrating the highest standards in terms of risk management within their account history.

Here is an example

Andy has had their $100,000 ‘FT+ Trader’ account on the Prestige Lite Program for 2 calendar months, and is doing well. They have already had a withdrawal approved on their account, and continue to make simulated-profit.

Upon reaching a withdrawable account balance of $120,000 Andy submits a request via a support ticket to have their account scaled to the next level. 
Our Operations Team temporarily disable Andy’s account to conduct a review of the request. They note that Andy’s risk management is in a good place, and they clearly know how to manage their simulated trading account. They make the relevant changes to account size and drawdown. 

Within 48 business hours, Andy receives confirmation via support ticket that their request has been approved. The account is then re-enabled and Andy receives his account with a new starting size of $150,000 + his simulated profit of $20,000, giving a total simulated account balance of $170,000. 
Andy’s maximum simulated loss is calculated from the new account starting size of $150,000, and the lowest figure his account can reach prior to triggering a hard breach of the program’s parameters is $141,000.

  • FT+ Account Starting Balance
  • $25,000
  • $37,500*
  • $50,000*
  • $75,000*
  • $100,000*
  • $150,000*
  • $225,000*
  • $337,500*
  • $500,000*
  • $750,000*
  • $1,150,000*
  • $1,750,000*
  • $2,500,000*
  • Profit Required to scale
  • $5,000
  • $7,500
  • $10,000
  • $15,000
  • $20,000
  • $30,000
  • $45,000
  • $67,500
  • $100,000
  • $150,000
  • $230,000
  • $350,000
  • –
  • Balance Required For Next Level
  • $30,000
  • $45,000
  • $60,000
  • $90,000
  • $120,000
  • $180,000
  • $270,000
  • $405,000
  • $600,000
  • $900,000
  • $1,380,000
  • $2,100,000
  • –
  • Static Drawdown Amount
  • $1,500
  • $2,250
  • $3,000
  • $4,500
  • $6,000
  • $9,000
  • $13,500
  • $20,250
  • $30,000
  • $45,000
  • $69,000
  • $105,000
  • $150,000
  • Static Drawdown Breach Balance
  • $23,500
  • $35,250
  • $47,000
  • $70,500
  • $94,000
  • $141,000
  • $211,500
  • $317,250
  • $470,000
  • $705,000
  • $1,081,000
  • $1,645,000
  • $2,350,000
*plus the profit you made from the last level

Markets Replicated within our Simulated-Live Environment

To improve our programs, we are constantly updating the market instruments available to trade.

View Available Markets