Frequently Asked Questions
It is a proprietary four-phase progression system designed to scale traders from evaluation to professional funding. The phases are: Challenge → Entry Funded → Pro Funded → Elite Funded.
To advance, you must reach a 10% Profit Target based on your account size without committing any rule breaches (such as drawdown violations).
No. There is no maximum time limit to reach the profit target, provided you remain active and do not breach risk parameters.
The profit target is consistent across all four phases: 10% of your purchased/selected Buying Power.
Yes, the model features significant scaling:
- Challenge: 100% of chosen Buying Power.
- Entry Funded: 100% of chosen Buying Power.
- Pro Funded: Increases to 150% of chosen Buying Power.
- Elite Funded: Increases to 200% of chosen Buying Power.
Trading is permitted during regular market hours: 9:30 AM to 4:00 PM EST.
The system automatically closes all open positions with a "market order" 5 seconds before the close (at 3:59:55 PM EST).
Commissions are $0.005 per traded share with a minimum fee
of $0.75 per order.
Example: Buying 50 shares costs $0.75 (minimum).
Buying 1,000 shares costs $5.00.
It is a static limit based on your starting balance. You can choose a limit of 4%, 6%, 8%, or 10% depending on your trading style. If your equity falls below this fixed value, the account is breached.
Here is an example:
Start of day balance: $10,000. Maximum loss allowed = $200 →
equity cannot fall below $200 during one day.
Example 1:
New account with $10,000 has been created. The equity
fall below $9,800 the account will be freezed for that
day.
Example 2:
New account with $10,000 and profit of $500 has equity of
$10,500. The equity fall below $10,300 the account will
be freezed for that day.
The daily limit is tied to your selected Total Drawdown:
- 4% Total → 1.00% Daily
- 6% Total → 1.50% Daily
- 8% Total → 2.00% Daily
- 10% Total → 2.50% Daily
No. The Maximum Total Drawdown is static. It remains fixed at the level determined by your initial balance.
It is a proprietary remedial tool that allows traders to "reset" their account to the previous day balance after a drawdown breach, rather than losing the account entirely.
No. There is a fee associated with the Rewind service, which varies by account size.
The cost to reset a breached account is 20% of the initial account fee.
No. Rewind is available for drawdown violations but is strictly prohibited for breaches involving "Prohibited Conduct" (e.g., identity spoofing, arbitrage, or malicious trading).
For evaluation accounts, the volume of any new position (opening or adding) cannot exceed 5% of the instrument's total trading volume in the previous one-minute candle.
On funded accounts, you cannot open or add to a position on a symbol that has moved 8% or more in a single direction within the last 4 minutes (240 seconds).
Yes, news trading is permitted. However, users assume all risks associated with slippage and price gaps. If volatility during news causes a drawdown breach, the breach is valid.
Holding positions overnight or over the weekend is NOT allowed. All positions will be automatically closed at the end of each trading day.
It is a mandatory security protocol that links your physical identity to your trading account using government ID, liveness checks (video selfie), and bank/credit linkage.
You can trade multiple accounts, but you are restricted to one unique identity. Our system uses "Device & IP Behavioral Fingerprinting" to detect and ban users attempting to operate multiple identities.
No. Account sharing is a violation of the Identity Binding protocol and will lead to immediate account termination.
Generally no. Use of VPNs or anonymizers to mask your location is prohibited and may trigger a security ban. Verified remote workers may apply for exceptions.
We use the HAMMER Lite and HAMMER Pro Platform, providing Direct Market Access (DMA) to real US Stocks and ETFs.
Yes. To mirror live market conditions, a commission of $0.005 per share is applied, with a minimum of $1.00 per filled order.
Payouts are processed on a bi-weekly (14-day) cycle for funded traders, provided the account is above the High-Water Mark and all compliance checks are passed.
Yes. The Maximum Total Drawdown (chosen at purchase) and all General Rules apply across all four phases.
Yes. Starting from the Entry Funded phase, traders are subject to additional Risk/Gambling Rules which are enforced upon withdrawal requests.
Yes. The Maximum Total Drawdown remains at the percentage (4%, 6%, 8%, or 10%) chosen by the user at the point of the initial Challenge purchase.
The career path follows a strict four-stage hierarchy: Challenge → Entry Funded → Pro Funded → Elite Funded.
It is the initial and only evaluation step required. Traders must demonstrate discipline and consistency by hitting a profit target within defined risk limits.
Yes, but only if the user has purchased a Challenge with Auto Advance option. Traders who successfully complete the requirements and hit the profit targets for the Entry and Pro phases are automatically advanced to the next stage.
Successful performance in the Elite phase is the final step before a trader unlocks access to a Live Trading Account with real capital with Ace Trader Career Path model.
No. You are not eligible for payouts or profit sharing during the evaluation (Challenge) stage.
Payout eligibility begins in the Entry Funded phase and continues through all subsequent funded stages.
The profit share increases as you rank up:
- Entry Funded: 70% to User / 30% to Company.
- Pro Funded: 75% to User / 25% to Company.
- Elite Funded: 80% to User / 20% to Company.
In the Entry, Pro, and Elite phases, users receive payouts based on their realized simulated profits.
You can request your first payout 14 calendar days after the very first trade is placed on your funded account.
After the initial 14-day period, you may request a withdrawal at any time, provided you meet the minimum threshold and have no open positions.
The minimum withdrawal is 1% of the account's Buying Power. For a $10,000 account, the minimum payout to the trader is $100 (after the profit split).
No. Requests must be made outside of market hours when all positions and pending orders are closed.
Yes. Once a request is submitted, the account is locked for up to 24 hours (on working days) while the compliance team reviews your trading history.
Prime Accounts are instantly funded trading accounts. Unlike the Hybrid Model, there is no challenge or evaluation phase. Upon purchase, you receive immediate access to an account with buying power equal to the account size selected.
All Prime Accounts have direct access to live market data and are executed as real live accounts. As the documentation states: "Your win is our win."
No. There is no specific profit target required to keep the account active or to pass a phase, as you are already in a funded state.
There is no Daily Drawdown limit for Prime Accounts. You are only constrained by the Total Drawdown.
The Total Drawdown is fixed at 5%. This is a static limit, not a trailing one.
It is based on your initial account balance. For example, on a $10,000 Prime Account, your equity cannot drop below $9,500 at any point.
No. The Rewind feature is not available for Prime Accounts. If the 5% drawdown is breached, the account is closed.
Overnight trading is initially disabled. It becomes
available only after you reach a 20% profit on the
account.
Example: On a $10,000 account, you must reach a
balance of $12,000 to unlock overnight holding.
The leverage for overnight trading is 3 times the profit
generated.
Example: If you have $2,000 in profit, your overnight
buying power is $6,000 ($2,000 x 3).
The profit split is 80% for the user and 20% kept by Ace Trade.
Prime Accounts follow the standard Withdrawal Rules. This includes the 14-day waiting period after the first trade and the requirement that the account must be flat (no open positions) during the request.
No. The trading period is unlimited, provided you do not breach the 5% total drawdown limit
