Ftytrade

Funding & Instant accounts

Funded accounts and Fty Direct

12 articles

What is Fty Direct?Fty Direct is our instant account: no challenge and no target. You pay once and can request payouts from day one, with a split that grows from 60% to 80%.What is the difference between a Funded account and Fty Direct?A Funded account is earned by passing a challenge and pays an 80% split from the start. Fty Direct skips the challenge; its split grows from 60% to 80%.What is the Safety Net?The Safety Net is a small profit buffer you build before your first payout: 3% of the account size on Funded accounts and 4.5% on Fty Direct.What are the rules for a Funded account?Max Drawdown 3% (EOD), Daily Loss Limit 1.5% (soft), Consistency 40%, 3% Safety Net, no weekend positions. No profit target and no minimum days.Do Funded accounts have a profit target?No. Funded accounts have no profit target. Your only goal is to trade within the rules and build the Safety Net to unlock payouts.Can I hold positions overnight or over the weekend?You can hold positions overnight within the trading week. Positions cannot be held over the weekend — open positions are closed before the Friday close.Can I trade during news events?Yes. News trading is allowed on all Ftytrade accounts — challenges, Funded and Fty Direct. No windows are blocked around economic releases.Is there a maximum position size?Yes. Each account size has a maximum number of contracts: 2 / 4 / 8 / 10 minis (20 / 40 / 80 / 100 micros) for $25K / $50K / $100K / $150K.Is the account simulated or real?All Ftytrade accounts are simulated accounts on real-time market data. Your payouts are real and paid from the company’s own funds.What happens if I breach a Funded account?The account is closed automatically and you receive an email with the reason. Any payout already approved is still paid. You can start a new challenge or Fty Direct account anytime.Can I scale my account?There is no automatic scaling plan. Instead, consistent long-term traders may be invited to Ftytrade VIP: a real live account with a regulated broker.How many Funded accounts can I have at the same time?Up to 5 active Funded (live sim) accounts at once across Challenge Rapid and Steady, and up to 24 Fty Direct accounts. Extra passed accounts wait in the queue.Up to 5 active Funded (live sim) accounts at once across Challenge Rapid and Steady, and up to 24 Fty Direct accounts. Extra passed accounts wait in the queue.Up to 5 active Funded (live sim) accounts at once across Challenge Rapid and Steady, and up to 24 Fty Direct accounts. Extra passed accounts wait in the queue.