Transition to Live:
**Disclaimer: Live account allocation will be at the sole discretion of the company.
What happens after I complete 3 payouts from the same Pro Account?
Once you complete 3 payouts from the same Pro Account, DayTraders will assess your account and choose one of the following options:
Keep your Pro account in the Sim-Funded phase with no changes, allowing you to continue receiving payouts capped at the maximum for your account size.
Transition you to a Live Funded Account. DayTraders will reassess your account after each subsequent payout on the same account.
Can I have a live account before reaching 3 payouts?
Yes, DayTraders continuously evaluates your Pro account trading performance. Some traders may receive a live account offer before achieving 3 payouts, based on individual performance.
What happens if my country does not allow me to trade live funds?
If you are offered a live account but your country restricts live trading, your Risk Manager will discuss alternative options with you.
How is the minimum balance calculated for a live account if I have a single Pro Account?
The minimum balance for a live account is determined using the following formula: (Pro Account Drawdown) + (Margin Requirements * Contracts)
However, the live account allocation is not strictly limited to this calculation. Your Risk Manager may allocate a different amount based on your risk profile.
Example: If you are trading a $50k account and are allocated a starting contract limit of (3 Minis / 30 Micros), the calculation would be ($2500 + $3600) = $6100. The total drawdown will be $2500, as it was in your Pro account, but it will be a Static drawdown.
What if I have multiple Pro Accounts?
If you have multiple Pro Accounts, Risk Managers will evaluate each simulated funded account independently to determine whether:
To merge them into a single Live Account, or
Retain certain accounts in the simulated environment.
Example: If you have 3 Pro Accounts and one of them reaches its third payout while the others have not, Risk Managers will assess your overall performance and decide accordingly.
**Disclaimer: Live account allocation will be at the sole discretion of the company.