Stage 1: Start with a $50,000 account.
You have the option to start directly from a $50,000 account. At this stage if you are starting directly with a $50,000 account, you will pay $449/month. Every profit that you make, you will get 60% profit split when you request a withdrawal but if you decide not to request a payout and keep trading until you make 10% profits on your account that means your account balance is now $55,000 and you request for scaling plan, we will double your account and you move on to the next stage where your new balance is $106,500 as we also add $1,500 from the absolute drawdown on your $50k account.
Stage 2: $100,000 account.
At stage 2, you now have a balance of $106,500 if you started with a $50,000 account but you will still pay $449/month even if your account is doubled. At this stage, we increase your profit split from 60% to 70% that means every profit that you make, you will get a 70% profit split when you request a withdrawal. As you are trading a $106,500 account, you now have an absolute overall drawdown limit of 6.5% or $6,500 as those $5,000 profits made on a $50,000 account (previous stage) and as well as the initial drawdown that became absolute at -3% which is $1,500 on this stage will act as a drawdown while having a 3% daily drawdown.
If you decide not to request a withdrawal and you make 10% or $10,000 profits and your account balance reaches $116,500, we will again double your account and you move to the next stage where your account balance is $216,500
Stage 3: $200,000 account.
Now at this stage, we increase your profit split from 70% to 80% that means whenever you make 5% or $10,000 profits on this stage, you will get 80% of the profit split while still paying the same fee of $50,000 account. Now as you are trading a $216,500 account so you have an absolute overall drawdown of 8.25% or $16,500 on this stage while having a 3% daily drawdown.
If you decide not to request a withdrawal and you make 10% or $20,000 profits and your account balance reaches $236,500, we will again double your account and you move to the next stage where your account balance is now $436,500.
Stage 4: $400,000 account.
Now at this stage, you no longer need to pay any subscription fee and we also increase your profit split to 90% that means every profit that you make and you request withdrawal, you will be given a 90% profit split to you. With the increase in lot size limit as well as profit split, you now have a 9.125% or $36,500 drawdown on this stage while having a 3% daily drawdown.
If you decide not to request a withdrawal and you make 10% or $40,000 profits and your account balance reaches $476,500, we will again double your account and you move to the next stage where your account balance is now $1,076,500.
Stage 5: $1,000,000 account.
Now on this stage, you are our Squad Elite trader where you will be trading an account size of $1,076,500 with a profit split of 100% that means every single dollar made on the account will be yours. You will have an overall absolute drawdown of $76,500 with a daily drawdown of 3%. Now on this stage, there are no lot size limits and you can open as much lot size you want.