You will trade with the same account balance that you traded in your FCT Challenge. If you traded with $500,000 in an FCT Challenge, you would also have access to a $500,000 FCT Simulated Funded Account.
To avoid any confusion, please note that all accounts we provide to our clients are demo accounts with virtual funds. After a client becomes an FCT Simulated Funded Trader, he/she is provided with login credentials for a demo account. Clients are entitled to up to 90% of profits generated on an FCT Simulated Funded Account.
If you wish to trade with a higher account balance, you can simply apply for another FCT Challenge. Each FCT Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past. We allow a maximum capital allocation of $1,000,000 on FCT Simulated Accounts per trader or per strategy, at any given time. This can be understood as 2 FCT Accounts – each with $500k, or 4 FCT Simulated Accounts – each with $250k, etc. Please be careful not to get multiple accounts through various registrations. If we discover the identically traded strategies throughout various accounts exceeding $1,000,000 in the allocated capital value, we reserve the right to suspend those accounts per our agreement.
On the other hand, if you are consistently profitable on your FCT Simulated Funded Account, we will be happy to allocate additional capital based on your badge level.