Being Evaluated for Live
The 10FOUR risk team continuously monitors trader performance to determine when a trader is ready to transition to live trading.
Traders may enter the live review pool when one or more of the following conditions are met:
• After receiving their final payout (Payout 6) on their plan
• After receiving a significant number of lifetime payouts
• If they demonstrate exceptional performance in simulated funded accounts
• If they have previously been moved live
Payout 6 represents the maximum payout level, not a guaranteed minimum for live eligibility.
All live transitions occur at the discretion of the 10FOUR risk team.
Transition to Live
When a trader is moved live:
• Traders receive one live account per eligible funded account
• Each funded account must have received at least one payout to qualify
• After 20 days of live trading, traders may combine eligible live accounts into a larger account
All Live Accounts Begin With
• $0 starting balance
• Daily payouts
• End-of-day drawdown
• No daily loss limit
Funded Account Size | Starting Live Drawdown | Starting Live Contract Limit |
$25,000 | $1,000 | 2 minis or 20 micros |
$50,000 | $2,000 | 4 minis or 40 micros |
$100,000 | $3,000 | 6 minis or 60 micros |
$150,000 | $4,500 | 10 minis or 100 micros |
Certain highly volatile contracts may have reduced position sizing to ensure traders do not exceed the live drawdown.
Locking the Live MLL
If a trader requests a live payout before exceeding the live drawdown threshold, the Max Loss Limit (MLL) locks at $0.
Live Bonus
The first time a trader is moved live under the new program, they may qualify for a one-time Live Bonus.
To earn the Live Bonus:
• Generate live profits equal to the starting live drawdown
Once achieved:
• The Live Bonus is released
• There are no restrictions on the bonus once earned
Funded Account Size | Live Target | Live Bonus |
$25,000 | $1,000 | $1,000 |
$50,000 | $2,000 | $2,000 |
$100,000 | $3,000 | $3,000 |
$150,000 | $4,500 | $4,500 |
Example
A trader moves live with five $50,000 funded accounts.
• Each account starts with $0 balance and $2,000 drawdown
• The trader earns $2,000 in each account
• 10FOUR releases a $2,000 Live Bonus to each account
• Each account now holds $4,000
Total live capital across five accounts: $20,000
Cooldown
Traders who have been moved live may return to purchase a new evaluation after blowing a live account.
• Standard cooldown period: 4 weeks
• Traders who repeatedly blow live accounts due to reckless or “YOLO” behavior may receive longer cooldowns at the discretion of the risk team
Q&A
Do all funded accounts move live at once?
Yes. All eligible funded accounts (with at least one payout) are moved when a trader transitions to live.
What happens to remaining simulated accounts?
All simulated accounts are closed when a trader is moved live.
If you are not comfortable with that, do not keep accounts in reserve.
If I am live, can someone in my household still trade simulated accounts?
No. If one household member is trading live, others may not trade simulated accounts.
Can I hedge my live accounts?
No. Hedging live accounts is strictly prohibited and may result in a permanent ban.
