Normal Pro Trader evaluation program accounts

The Fidelcrest Normal Pro Trader evaluation program account is designed to identify and reward skilled traders who maintain consistent performance over a two-phase evaluation period. This program allows traders to leverage up to 1:200.

In the first evaluation phase, traders are required to achieve a 10% profit target without exceeding a maximum daily loss of 5% or a maximum loss limit of 10%. This goal must be met within 60 calendar days from the day they first open a position in the evaluation account. There is no specific minimum trading day requirement to advance to the second evaluation phase.

The second evaluation phase mandates that traders reach a 10% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules, similar to the first phase. The profit target should also be reached within 60 calendar days from the initial position placement in the evaluation account. Again, there are no specific minimum trading day requirements to move on to a funded account.

Upon successful completion of both evaluation phases, traders are provided with a funded account that does not have specific profit targets to meet. However, they must still follow the maximum daily loss of 5% and maximum loss limit of 10%. The initial payout from the funded account is scheduled ten calendar days after the first position is opened, subject to meeting certain criteria. During this period, traders must trade for a minimum of 10 calendar days and be in a profitable state to request their initial withdrawal. The profit split will be 80% based on the profits generated in the funded account.

It’s worth noting that at the moment, the normal Pro Trader evaluation program accounts do not include a scaling plan.

Rule normal pro trader

• The profit target represents a specific percentage of profit that traders must achieve before they can successfully complete an evaluation phase, withdraw their profits, or scale their trading account. During Phase 1 and Phase 2, the profit target stands at 10% for each phase. It is important to note that funded accounts do not have profit targets associated with them.
• The maximum daily loss denotes the maximum allowable loss that traders can incur on a daily basis before their account is considered in violation. Regardless of the account size, the maximum daily loss limit is set at 5%.
• Similarly, the maximum loss signifies the overall maximum loss that traders can reach before their account is deemed in violation. All account sizes adhere to a maximum loss limit of 10%.
• The maximum trading days refer to the prescribed time frame within which traders are required to achieve a specific profit target or withdrawal target. Both Phase 1 and Phase 2 have a maximum trading period of 60 calendar days.
• The risk desk team is responsible for evaluating whether a trader’s trading strategy aligns with the prop firm’s criteria. If the team determines that the trading strategy is ineligible, the trader is entitled to receive a refund on their evaluation account.
• When considering third-party copy trading, it is important to be aware that utilizing such services may involve other traders who are already implementing the same trading strategy. By using a third-party copy trading service, there is a potential risk of exceeding the maximum capital allocation rule, which could result in the denial of a funded account or withdrawal.

 Aggressive Pro Trader evaluation program accounts

Fidelcrest’s Aggressive Pro Trader evaluation program account is designed to recognize dedicated and skilled traders who are rewarded for their consistent performance in a two-phase evaluation period. This program enables you to trade with a leverage of 1:200.

In the initial evaluation phase, traders are expected to achieve a profit target of 20%, while adhering to specific limits, including a maximum daily loss of 10% and a maximum overall loss of 20%. Meeting this profit target within 60 calendar days from the first position taken in the evaluation account is mandatory. Importantly, there are no minimum trading day requirements to progress to the next evaluation phase.

During the second evaluation phase, traders once again need to reach a 20% profit target while maintaining the maximum daily loss and maximum loss restrictions. The timeframe for achieving this remains 60 calendar days, starting from the day the first position is opened in the evaluation account. Similar to the previous phase, there are no specific minimum trading day obligations to move on to a funded account.

Upon successfully completing both evaluation phases, traders are provided with a funded account without profit targets. The only requirements are to follow the maximum daily loss of 10% and maximum loss of 20% rules. The initial payout is scheduled ten calendar days after the first position is initiated in the funded account, subject to meeting specific criteria. During this period, traders are required to engage in a minimum of 10 trading days and show profitability to be eligible for their first withdrawal. The profit split ratio is set at 90%, based on the profits generated in the funded account.

Please be aware that the Aggressive Pro Trader evaluation program does not currently include a scaling plan.

Rule aggressive pro trader 

• The profit target represents a specific percentage of profit that must be achieved by a trader to successfully conclude an evaluation phase, withdraw profits, or expand their account size. During Phase 1 and Phase 2, the profit target is set at 20% for each phase. However, funded accounts do not have profit targets.
• The maximum daily loss denotes the maximum permissible loss a trader can incur daily before breaching the account’s stipulations. For all account sizes, the maximum daily loss is capped at 10%.
• Similarly, the maximum loss refers to the highest acceptable cumulative loss a trader can experience before violating the account’s terms. Across all account sizes, the maximum loss is restricted to 20%.
• The maximum trading days signify the prescribed timeframe within which a trader must attain a specific profit target or withdrawal target. Both Phase 1 and Phase 2 encompass a maximum trading period of 60 calendar days.
• The risk desk team consists of professionals responsible for evaluating a trader’s trading strategy to determine its compatibility with the proprietary firm’s requirements. If a trader’s strategy is deemed ineligible, a refund is issued for their evaluation account.
• When employing third-party copy trading services, it is crucial to acknowledge the associated risks. By utilizing such services, there is a possibility of multiple traders already using the same trading strategy. Consequently, utilizing a third-party copy trading service entails the potential risk of being denied a funded account or withdrawal if it exceeds the maximum capital allocation rule.

Special add-on options upon purchase of an evaluation program

• Introduce insurance coverage: In the event of failing the initial Challenge phase, clients are eligible to receive a second account at no additional cost. This insurance offer applies to all account sizes and types, and an extra fee of (+30% on the one-time fee) is applicable.
• Enhance capital growth: Upon successfully generating profits with the funded account, clients can obtain a second account at no extra charge. This opportunity allows for the doubling of capital. Clients are required to pay an additional fee of (+50% on the one-time fee).
• Increase leverage potential: Clients have the option to access leverage of up to 1:200 while trading on their trading accounts. This enables the control of larger position sizes than is typically possible. This leverage enhancement is available to all account sizes and types, and an extra fee of (+20% on the one-time fee) is applicable.
• Enjoy unlimited evaluation retries: If clients are in profit at the end of their trading period, they have the privilege of making unlimited retries on their evaluation phases. This valuable benefit is provided at no cost and applies to all account sizes and types.