Frequently Asked Questions

General

Are there any restricted countries?
We welcome trader's from all nationalities as long as there are no active
international sanctions with the traders country and the United Kingdom.
Do you have a dashboard?
We have our own custom dashboard.  The dashboard will notify our traders when they’ve reached their profit target, hit daily drawdown, or an overall drawdown violation.
What payment options are available?
We accept all major credit cards, bank wire, along with several crypto currencies. Crypto Currencies we accept include: BTC, LTC, DASH, USDT(BEP20), USDT(TRON)
Why is my credit card being declined?
Due to the nature of our business it is possible that your bank could be denying your transaction first time round.   Sometimes calling your bank to let them know you intended to transact business with us, or even being on the phone with them during the transaction might help it go through.
Will I be trading on demo or a real account
All trading activity regardless of the program type or stage of the program is done under a demo trading environment. The trading data is managed and sent to a partnered proprietary trading firm. And based on strategies that are managed within the risk management team use the data/copies trades at their own discretion, utilizing proprietary risk management techniques and aggregated orders.

1-Step

Profit Target
Our 1-Step Challenge consists of 1 phase.
In this Challenge stage, your profit target is 10% and you have unlimited calendar days to hit this target.
Limits Drawdown
The 1-step program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.
The maximum overall drawdown limit for this program is 8% of the initial balance. For example, if you enroll in the 1-step challenge with a $100k account, your account equity cannot go below $92k (which is 8% of $100k).
The daily drawdown limit for the program is set at 4%, taken from the account equity. Both the daily drawdown and total drawdown metrics are based off of account equity.
This means that the 4% daily drawdown is not a static metric, but one that trails forward with the highest floating profit of the day. For example, on an 100k account, your equity based daily drawdown amount is 4% ($4,000).If you have an open trade running with $2000 profit, but this same trade ends up being -$2000 in the negative, this would equal a 4% change in equity and breaching our drawdown limit of the day.
Our 1-step drawdown parameters work differently than our other programs, with the simple reason that traders can pass with all trading styles. This makes this programs drawdown parameters more difficult in order to mange risk from our side.
Our other 2-step challenges. Classic and No-Limit have fixed balanced based drawdown.
Time Limit
You have no minimum or maximum trading days to complete our 1-step challenge.
Allowed Trading Styles
For the challenge stage we allow all trading styles. We enforce no restrictions for the evaluation. For the funded accounts we allow overnight trades, news trading, scalping, swing trading, & day trading with no lot size limitation.
But we do not allow:
Arbitrage
Tick Scalping
Hedging two different accounts against each other.
Trade management services, or other malicious trading methods.
Trade stacking.
Weekend holding.
Copy trading, between external or internal accounts.
Signal bots
Martingale trading or martingale EA’s.
Grid trading or Grid EA’s
High frequency trading.

We want to be as open as possible to the trading styles you can use that we allow for the funded stage of this 1-step program. If there are prohibited strategies that you would like to use take a look at our 2-step and instant funding programs.
What leverage is available?
Our evaluation accounts and funded accounts both have 1:100 leverage.
Are retries available?
If your phase 1 trading period ends in a positive balance from initial balance you will be eligible for 1 free retake.
If TheTalentedTrader detects that your trading constitutes Prohibited Trading Practices, your participation in the program will be terminated and may include forfeiture of any fees paid to TheTalentedTrader.
Additionally, and before you receive a simulated funded account/retry account your trading activity under these Terms and Conditions shall be reviewed by TheTalentedTrader Team to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, you shall not receive a simulated funded account/retry account or, if trading already trading in a simulated funded account, we may close that account, in which case you will forfeit any profits therein.
How do withdrawals work?
We process all withdrawals via bank wire transfer, or crypto payouts.  
Any fee’s to facilitate the transfer will be deducted from the transfer.  
Traders are eligible for their first withdrawal 21 calendar days after they place their first trade. Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed Wednesday that week.
When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com
Do you have any consistency rules?
Yes we do have a consistency rule for our 1-step evaluation.
To avoid gambling and inconsistent trading techniques, we ask that traders stick within a trading range. This should be seen as an average range. Your average range can be calculated through the total volume traded divided by the trades executed, which gives you your lot size average.
This average lot size, should have no more than 200% as an upper limit lot size and 25% of the average lot size as a lower limit. IE your average lot size is 5 lots not to go above 10 lots and below 1.25.
Trades that fall outside of the range are subject to review. This calculation occurs during the time of payout request and is only a rule applicable to traders that pass the 1-step challenge via HFT bots.
Furthermore, we also require 14 minimum trading days, to demonstrate consistency, before a payout. As a result, executing 0.01 lot positions or imposing placeholder trades of short duration falls short of meeting the criteria for a valid trading day during the funded stage. The process is built to reward traders not gamblers: Trade according to your normal strategy for 14 separate days.
When will I get my refund?
We do not offer refunds of the challenge fee for our 1-Step program. Traders are rewarded solely for their performance during the funded stage.
What's the profit split?
Your first payout will be a profit share of 50%, your second profit share for 70% and all withdrawals made subsequently to the first and second withdrawal will be 80% in the trader’s favor.
Max Capital Allocation
Trader’s can trade up to $600k in capital with the 1-step model.

Classic Challenge

Profit Target
Our 1-Step Challenge consists of 1 phase.
In this Challenge stage, your profit target is 10% and you have unlimited calendar days to hit this target.
Limits Drawdown
The program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.

The maximum overall drawdown limit is always 10% of the initial balance. For example, if you enroll in the No Limits Challenge with a $100k account, your account equity cannot go below $90k (which is 10% of $100k).

The daily drawdown limit for the program is now set at 5%, taken from the initial balance. At the end of each day, the daily high limit is set to either the balance or the equity, whichever is higher.

Suppose you start with a $50,000 account balance. The overall drawdown limit is 10% of this amount, which is $5,000. If your account equity drops to $45,000 or below at any point, you will have hit the overall drawdown limit.

If the account has a balance of $100,000 with no floating profit, the daily drawdown limit for the next day will be 5% of the initial balance, which is $5,000. If your account equity drops to $95,000 or below at any point during the day, you will have exceeded the daily drawdown limit.

Lastly, let’s say your account has a balance of $200,000 with no floating profit. In this case, the daily drawdown limit for the next day will be $190,000 (which is 95% of the initial balance of $200,000). If your account equity drops to $190,000 or below at any point during the day, you will have hit the daily drawdown limit.
Time Limit
You have no minimum or maximum trading days to complete our 1-step challenge.
Allowed Trading Styles
We allow overnight trades, weekend holding, news trading, scalping, swing trading, & day trading with no lot size limitation.  

We do not allow arbitrage, tick scalping, hedging two different accounts against each other, trade management services, or other malicious trading methods.

For Traders That Use Expert Advisors the following EA’s are not allowed on our accounts:
Copy Trading
Signal Bots
Martin Gale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading
What leverage is available?
Our evaluation accounts and funded accounts both have 1:100 leverage.
Are retries available?
If your phase 1 trading period ends in a positive balance from initial balance you will be eligible for a free retake.
How do withdrawals work?
We process all withdrawals via bank wire transfer, or crypto payouts.  Any fee’s to facilitate the transfer will be deducted from the transfer.  

Traders are eligible for their first withdrawal 7 calendar days after they place their first trade, then every 14 days afterwards.  
Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed before the end of the corresponding week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com
When will I get my refund?
We pay out all refunds with disbursement of our traders first profit split withdrawal.
What's the profit split?
Your first payout will be a profit share of 50%, your second profit share for 70% and all withdrawals made subsequently to the first and second withdrawal will be 80% in the trader’s favor.
Max Capital Allocation
Trader’s can purchase can qualify trading challenges to trade up to $600k in capital initially, with the ability to scale the accounts to two million in funding.
Is there a scalping plan?
Our Challenge program has one of the best scaling programs in the industry.  If you can profit your account 10% three months in a row, we will scale your account 100%.    
Best part about this?  You can withdraw your profits every month along the way, as long as you hit the targets three times consecutively, you increase you buying power potential!

No Limits Challenge

Profit Target
Our Challenge Accounts consist of three stages: Challenge, Verification, and Funded.

In the Challenge stage (Phase 1), your profit target is 8%.  However, keep in mind there is absolutely no limit in the time you need to reach this target so your time and trade carefully!

In the Verification stage (Phase 2), your profit target is 5%, and this round just like the previous has no time to reach the target!  

So remember this, and again trade carefully as this round is designed to ensure that you are consistently profitable and worth advancing your talents into our funded program’s liquidity pool!

For the Funded round, traders must make a profit of at least 1% to qualify for a profit split withdrawal.
Limits Drawdown
The 1-step program comes with two types of limits for each account: an overall drawdown limit and a daily drawdown limit.
The maximum overall drawdown limit for this program is 8% of the initial balance. For example, if you enroll in the 1-step challenge with a $100k account, your account equity cannot go below $92k (which is 8% of $100k).
The daily drawdown limit for the program is set at 4%, taken from the account equity. Both the daily drawdown and total drawdown metrics are based off of account equity.
This means that the 4% daily drawdown is not a static metric, but one that trails forward with the highest floating profit of the day. For example, on an 100k account, your equity based daily drawdown amount is 4% ($4,000).If you have an open trade running with $2000 profit, but this same trade ends up being -$2000 in the negative, this would equal a 4% change in equity and breaching our drawdown limit of the day.
Our 1-step drawdown parameters work differently than our other programs, with the simple reason that traders can pass with all trading styles. This makes this programs drawdown parameters more difficult in order to mange risk from our side.
Our other 2-step challenges. Classic and No-Limit have fixed balanced based drawdown.
Time Limit
Like the program explains, there is no time limits on this program!  Neither minimum or maximum.  Your your funded future is yours with us, no time limits, or anything holding you back!
Allowed Trading Styles
We allow overnight trades, weekend holding, news trading, scalping, swing trading, & day trading with no lot size limitation.  

We do not allow arbitrage, tick scalping, hedging two different accounts against each other, trade management services, or other malicious trading methods.

For Traders That Use Expert Advisors the following EA’s are not allowed on our accounts:
Copy Trading
Signal Bots
Martin Gale Expert Advisors
Grid Trading Expert Advisors
High Frequency Trading
What leverage is available?
Beginner and Intermediate levels have a leverage of 1:100.  However, our pro stage half million and million dollar accounts have 1:10 leverage.
How do withdrawals work?
We process all withdrawals via bank wire transfer, or crypto payouts. Any fee’s to facilitate the transfer will be deducted from the transfer.  

Traders are eligible for their first withdrawal 7 calendar days after they place their first trade, then every 14 days afterwards.  

Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed before the end of the corresponding week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com
When will I get my refund?
We pay out all refunds with disbursement of our traders first profit split withdrawal.
What's the profit split?
Any withdrawals made within the first month, along with your first profit will be a profit split of 75%.  All withdrawals made subsequently to the first month and/or first withdrawal will be 80% in the trader’s favor.
Is there a scalping plan?
Our Challenge program has one of the best scaling programs in the industry. If you can profit your account 10% three months in a row, we will scale your account 100%. Best part about this?  You can withdraw your profits every month along the way, as long as you hit the targets three times consecutively, you increase you buying power potential!

Instant Funds

Profit Target
While there is no strict time limit associated with this program, the first withdrawal can only be made after achieving a minimum of 6% profit. All subsequent profit targets or withdrawals have a minimum requirement of 3%.

Once traders have met the minimum profit targets for withdrawals, they are encouraged to continue trading to further grow their account. However, it is important to exercise caution and avoid overtrading or taking unnecessary risks, as this can negatively impact overall performance. We recommend that traders take a measured approach to trading, focusing on consistent profits over the long-term rather than trying to exceed withdrawal targets too quickly.
Limits Drawdown
Our instant fund accounts are subject to a strict 6% static drawdown rule, which means that the drawdown is always pegged to 6% of the initial account size, regardless of any profit earned. For instance, if you start with a $1000 account, the maximum drawdown allowed would be $60. Even if the account scales up to twice its size, the drawdown would remain at 6% of the new account size.
Allowed Trading Styles
Our Instant Funding program at The Talented Trader permits all forms of trading except for tick scalping, arbitrage trading, or any malicious trading methods as determined by our team. If we find that your trading style cannot be executed correctly within our liquidity pool, we will notify you and request that you change your trading style to improve execution.
What leverage is available?
All Instant Fund Accounts have a leverage of 1:50
Are retries available?
We process all withdrawals via bank wire transfer, or crypto payouts.  
Any fee’s to facilitate the transfer will be deducted from the transfer.  Traders are eligible for withdrawals every week in this program!  

Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed before the end of the corresponding week.

When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com
How do withdrawals work?
We process all withdrawals via bank wire transfer, or crypto payouts.  
Any fee’s to facilitate the transfer will be deducted from the transfer.  
Traders are eligible for their first withdrawal 21 calendar days after they place their first trade. Withdrawal requests should be put in by Monday close of new york market hours (13:00 GMT) to be processed Wednesday that week.
When you are ready for a withdrawal send an appropriate invoice for your profit share to billing@thetalentedtrader.com
What's the profit split?
Our profit split is directly tied to our scaling program, ensuring that traders are fairly compensated for their efforts. Every account starts with a 50/50 profit split, which increases by 5% as the account scales up in size. The maximum profit split offered is 70%, providing traders with an opportunity to maximize their earnings.
Is there a scalping plan?
Our scaling program offers an exciting opportunity for ambitious traders to achieve their financial goals! By reaching a 12% profit milestone you will unlock the door to doubling your account size. Experience the power of scaling profits that fuel your growth while deferring profit withdrawals during scaling periods. With weekly scaling reviews to guide you, your journey unfolds toward an impressive $1.24 million account zenith. This program isn’t just about trading; it’s about embracing a dynamic process where scaling fuels your future financial achievements.