Rules during the audition

• Don't lose more than 5% overall.
• A stop loss is required in every trade.
• Don't lose more than 4% in a day.
• Max DD is locked in at the starting balance when the account has a net profit of 5%
• Keep trades overnight if you wish, but flatten over the weekend.
• Inactivity rule: Must place at least one trade every 30 days.

That's all it takes to qualify.

No, you pay a one time fee to participate in the audition.

That's it.

Yes, as long as it is programmed to follow our program rules. 

The DD lockin is a smart feature to protect capital and give the trader more room to grow.

Example: You trade a 100K funded account and grow the account to 105k.

The max DD is now locked in at 100k.

If you keep growing the account, the DD stays at 100k.

Balance at 130k? DD is still locked in at 100k.

We believe this offer traders the chance to really build a career and grow their profits long term.

Within 15 minutes you'll get your personal login to the trader dashboard and your audition account details.

We use the mt4/mt5 platforms provided by Eightcap. Mt4 is standard, mt5 is available upon request. Email [email protected] 

In the unfortunate event that you hit your max loss you're always welcome to try again.

You are allowed to hold one account of each funding level. For example you can audition for the 100k and the 250k at the same time and receive funding for both.

You can't have two accounts with the same size and you need to pass the audition for each funded account.

Our funding program is powered by the award winning Australian broker Eightcap.

Yes we do. You can log in at any time to see your progress, remind yourself of the rules and see current max DD etc.

We don't offer a scaling plan. We have found that having monetary targets actually can bring out bad trader behavior.

You can however hold one instance of all funded account levels.

Taxation varies based upon where your are located.

It is your responsibility, exclusively to ensure you're in compliance with local regulations.

If needed, please consult a qualified professional to discuss your specific circumstances.

Each trader acts as an independent contractor for TK Traders.

You have access to trading capital and are rewarded with 75% of net profits. At no time does the ownership of the account, or the capital transfer and you are responsible for compliance with your local law and regulation.

No. We don’t need to be. We are a privately owned and operated educational services provider and a private fund with ownership of a Foreign Exchange trading account, held under a regulated broker. 

You will be trading our fund’s capital when you enroll. We are not financial advisors, we DO NOT manage clients’ money, and we will NEVER accept investors’ trading capital, as we are NOT a broker. Please see risk disclaimers and terms and conditions for full details.

Traders from all countries, excluding OFAC listed countries, can take part in our program.  

• Forex - 1 lot = $100k notional
• Index - 1 lot = 10 Contracts
• Cryptos - 1 lot = 1 coin
• Stocks - 1 lot = 100 shares
• Silver - 1 lot = 5000 ounces
• Gold - 1 lot = 100 ounces

Oil - 1 lot = 1000 barrels

• Below are the maximum open lots across all pairs that a trader can have at any given time.

  • $25K - 2.5 lots with risk
  • $50K - 5 lots with risk
  • $100K - 10 lots with risk
  • $250K - 25 lots with risk
  • $500K - 50 lots with risk
  • $1 million - 100 lots with risk

  For example, if you are in the $100k plan, you will be able to have 10 open lots with risk available.

  
  

  If you buy 5 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 5 lots on with risk, so you would have 5 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 10 lots available, even though you currently have 5 lots open.

   

  If you put on too many trades with risk, then our system will liquidate all trades that currently have risk.

   

  Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.

• We work with a company called Deel to issue trader agreements and process withdrawals of profits.  Upon passing your Assessment, you will receive an email from Gabriella from Deel [email protected] with instructions on how to access and complete your Trader Agreement.  Once the agreement is completed and supporting Know Your Customer documents provided, your Funded account will be created, funded and issued to you typically within 24-48 business hours.

• When you are ready to withdraw your profits, please send an email to our support email with the amount you would like to withdraw.  We will then post your profit share into your Deel account, which you can withdraw via any of the available methods they offer.

• You can withdrawal your profits at any time, once per calendar month.  At the time of any withdrawal request, we will also withdraw our share of the profits made, as well. 

• We work with a company called Deel to issue trader agreements and process withdrawals of profits.  Upon passing your Assessment, you will receive an email from Gabriella from Deel [email protected] with instructions on how to access and complete your Trader Agreement.  Once the agreement is completed and supporting Know Your Customer documents provided, your Funded account will be created, funded and issued to you typically within 24-48 business hours.