Transition to Live:
**Disclaimer: Live account allocation will be at the sole discretion of the company.
What happens after I complete 3 payouts from Pro Accounts?
Once you complete 3 payouts on different dates from the Pro Account/ sim funding phase, DayTraders will assess your account(s).
We are an educational and trader evaluation company, once you reach 3 payouts across any number of pro accounts across three separate dates, we consider you to have graduated the sim funded phase.
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.
Content and resources provided by DayTraders.com, including simulated trading environments, are for educational purposes only. We do not offer real-money trading accounts, and no actual funds are deposited with or traded through our platform. Past performance is not necessarily indicative of future results.
Services are exclusively for non-professional traders.