Accelerated

Bonus Disbursements

A trader will be given 50% of all profits made on FT5 Accelerated Accounts.
There are two ways a trader can request a payout.

1 – Trader of the week – We will pick the most profitable or consistent trader of the week and allow them to request a payout. This method gives an incentive for traders to be profitable and get paid right away. If you impress us, we ensure you get paid fast.

2 – A trader may request a payout on a monthly basis. You can request a payout till the first day of the month for the profits you made last month. This will be processed and paid out within 1-3 business days. Please note that it takes a minimum of 5 days between every payout unless the trader reaches the profit target.

*One thing to remember for both ways is that the maximum Payout request is $20,000 per month per accelerated account.

Targets and Scale-Up Program

FT5s new and innovative scale up program ensures that a trader can trade up to $5M without having to worry about restrictions on lot sizes or news trading. All this plus traders will also have an amazing scale up plan with industry leading drawdown parameters.

Each phase will start with a base amount a trader will register for. From that point on, with each milestone of hitting 10% profit, and 20% if you choose 100k and above, a trader’s account will be scaled up, depending on the phase. See the full scale-up program below.

Drawdown

We have taken the guesswork out of drawdown and given our traders one of the simplest drawdowns out there in industry, overall drawdown. The Conventional model will carry just a 5% overall drawdown.
In our accelerated program, the overall drawdown will be calculated based on an account or the scale up phase’s starting balance.

For example, if a trader is starting with a $10 000 account, they will have an overall drawdown of $500.
 

Restrictions

A trader must close all of their  trades over the weekend.

This is to ensure and preserve capital, remove liquidity risk and prevent drawdowns larger than allowed. Traders who have a trade left open during the weekend will be automatically suspended from the program.

In order to be under normal and logical risk asset ratio FT5 is restricting the legit profits from 1 symbol to be maximum 25% from the total profit of the balance account.

However, there are no restrictions when it comes to lot sizes, trading during major news events or holding overnight.

Instruments

We constantly are looking for the best products and best conditions for our traders. Currently you can trade FOREX, Crypto, CFD’s including index CFD’s as well as commodities like oil and metals.

Every now and then the product list may be updated based on the availability of margin, leverage, liquidity, and various other factors.

We adjust our products to increase the profitability of our traders where possible. We may remove a product if there are no users currently passing the phases of the evaluations due to those products.

Expert Advisers & robot usage

We allow expert adviser for copying purposes only

Any EA/Robots being used on the account otherwise will cause a breach in contract and loss of account. The only exception to this is the Risk management EA. Unfortunately, this is necessary to prevent changes to the liquidity pool and unforeseen changes in spreads, and margins etc. We plan on offering an automated trading option in the near future. Users’ are welcome to copy trades of their own using a trade copier, however, users who are copying someone else’s trades will be considered in breach of their account

Risk and Account Management

After your program registration, you will receive your login details within 1-2 hours. The account will be on read-only mode until we verify your KYC documents. You are not allowed to change the details of this account under any circumstances. Doing so will be a breach and your account will be suspended.

At FT5, we are looking for individual traders to grow with us long term. What this means is that we want YOU to be the trader. It's ok to learn your skills from other experts, however, use of signal bots or trade copiers of other traders will not be accepted. If we notice someone using these services, we will suspend their account. We can tell that this is happening by the magic number on the account.

We are constantly monitoring all accounts to make sure the rules are being followed.

As our verification process has become fully automated, you can now verify your account through your account analyser.

Simply click on the button labeled ‘AML/KYC Verification’, follow the provided instructions, and upload the relevant documents. Once your documents have been verified by our system, you will be able to trade on your live accounts.

Losses

No trader at FT5  will be liable for any trading losses. However, we encourage you to practice good risk management practices and engage in a trading plan to maximize your chances of not incurring a loss, allowing you to stay in the game long term and make as much as possible.

Refunds

Once trading has started, there will not be any refunds. However, if you have just registered and the account has not been traded on, we can refund your registration fees.

Account Credential Safety

You are responsible for making sure your account credentials are safe. We do not reinstate accounts that have been hacked or distributed to third parties for trading and loss. If your account has been hacked, get in touch with our team so we can lock the account and change the password and run you through security protocols. No reinstatements of accounts will occur so it is important for you to get to us as quickly as you can if your account has been hacked.

Trading Behavior

Trading activities that are used to take advantage of the inefficiencies of the Platform, Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, and opposite account trading are all unacceptable trading methods with FT5. Anyone partaking in such activities will have their trades adjusted to the executed fill price that we have received from the liquidity pool. Repeat offenses will result in account termination.

Inactivity

If your account is inactive for 30 days it will be automatically breached. If you do not inform us within 10 days of the breach of the reason for the inactivity, the account will be permanently suspended

This rule is to prevent us having thousands of hedged trades on abandoned accounts. If you are planning to be away for a prolonged period of time, please inform us and we will make sure your account continues.