At TraderScale, time limits are structured to ensure consistent and active trading while providing flexibility to the traders. There is no time limit to complete your evaluation phase.
During the evaluation phase, traders must adhere to an inactivity rule of 10 days and complete a minimum of 10 trading days. Once the account is funded, the inactivity rule of 10 days still applies, and there is a 10 minimum trading days rule.
For withdrawals, traders can make their first withdrawal 30 days after placing their first trade, with subsequent withdrawals available every 14 days. Traders qualify for 80% profit share from standard and 90% if they purchase our add on at checkout.
Please note: Your Maximum Drawdown Level is trailing, meaning it never goes back down. This means when you request a withdrawal, your new balance will be closer to your drawdown breach level. Please ensure you leave enough in your account that you are comfortable allowing for your maximum drawdown amount.
Example: On a $100,000 account, if you have made 6% profit ($6000), you new maximum drawdown level will be $98,000. If you then withdraw your full profit, you will only be left with 2% drawdown allowance. We suggest keeping your drawdown level at 4%, as this is also the daily drawdown allowance. You can read more about our maximum drawdown level here.