At the end of 30 days trading period on instant funded account, there can be 2 scenarios
First scenario: Account is in drawdown. If at the end of the subscription period, the trading account falls below the initial balance which can be $25,000 or $50,000, FundedSquad resets the account balance to the initial starting balance. This means if the account falls below the initial balance, traders will start their 2nd month subscription with an account balance which is either $25,000 or $50,000 depending on whatever account size they are trading.
Example: If a trader is trading a $50,000 account and at the end of the month, account balance is $49,000 and the trader decides to continue the subscription, they will be trading the $50,000 balance as FundedSquad will be resetting their account balance in case of drawdown.
Second scenario: Account is in profits. If at the end of subscription period, the trading account is in profits but hasn’t yet reached the 5% profit threshold and month ends, if trader decides to continue the subscription, they will be trading the same account balance with profits which means as now they are in profits at the end of the month, we will not reset their account balance instead they will be trading the same balance where the first month ends.
Example: Trader is trading a $50,000 account and at the end of month, account balance is $51,700 which is $50,000 starting balance + $1,750 profits made on the account and a new month starts and they are continuing the subscription. The 2nd month starting balance will be $51,700 which is the same as the end of the first month.
In both the scenarios, FundedSquad ensures that traders have maximum flexibility and they can focus on their trading by never worrying about drawdowns or losing their profits when the subscription ends.
Note: This applies even if you have made multiple payouts in a single month.