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Evaluation process
You can choose to trade a demo account on the synthetic indices market
with an initial balance of $5,000 up to $400,000 and once you become a
Top Ten Trader you will start earning 70% of the profits earned.
How do I become a TOP TEN TRADER?
To become a TOP TEN TRADER, you will have to choose and overcome some of our Challenges:
- TOP TEN CHALLENGE: 2 PHASES
- TOP TEN ONE CHALLENGE: 1 PHASE
Top Ten Challenge
Phase 1 Challenge.
A Top Ten Challenge is the first step of the Evaluation Process
During the Challenge phase you must reach a profit target of 10% in an unlimited amount of time, we accept all EA's and HFT's in this phase.
Once the trading target is reached you will receive your new credentials within minutes after the end of the trading day.
Phase 2 Verification.
Verification is the second and final step to become a Top Ten Trader.
During the Verification phase you must reach a profit target of 5% in an unlimited period of time, we accept all types of EA's and HFT in this phase.
Once the target is reached you will receive your Top Ten Trader account credentials within 48 hours.
Top Ten One Challenge
It consists of a single phase in which you must reach a profit target of 12% in an unlimited period of time, we accept all types of EA's and HFT in this phase.
Once the goal is reached, you will receive your Trader Top Ten account credentials within 48 hours.
Top Ten Trader
Trader who overcame the Top Ten Trader Challenge or Top Ten One Challenge and obtained the Top Ten account to trade in the synthetic indices market. Trade responsibly and consistently and receive up to 70% of your profits as a reward for demonstrating your skills with total freedom and taking your financial status to another level.
Parameters
TRADING OBJECTIVES
Top Ten Trader Challenge
- Target profit phase I: 10%.
During the Challenge phase you must reach a 10% profit target within an unlimited period of time, we accept all types of EA's and HFT in this phase.
- Target benefit phase II: 5%.
During the Verification phase you must reach a 5% profit target within an unlimited period of time, we accept all types of EA's and HFT in this phase.
Top Ten ONE Challenge
- During phase One you must reach a profit target of 12% in an unlimited period of time, we accept all types of EA's and HFT in this phase.
Daily Loss 5% Daily Loss 5% Daily Loss 5% Daily Loss
- It is calculated based on the initial balance of the same trading day, if your balance is reduced DURING the trading day by -5% you would be reaching your daily allowed loss.
Maximum loss 10%.
- The principal of the trading account must not, at any time during the life of the account, fall below 90% of the initial balance of the account.
For the Top Ten and Top Ten One Trader Challenges, with a balance of 100,000 USD, it means that the account equity cannot be 90,000 USD. Again, this is a sum of closed and open positions (account equity, not balance).
Daily Drawdown 5%.
- In any of the Top Ten Funding phases you should not suffer a daily 5% reduction (Draw Down calculated based on the size of the challenge purchased, e.g. $100,000 Top Ten Trader Challenge Draw Down=$5,000) of equity or available balance, whichever comes first.
Assets
Permitted assets.
You can trade the following assets available only in the Synthetic Indexes.
We adjust our products to increase the effectiveness of our traders whenever possible. We may eliminate a product if there are no users who pass the stages of the evaluations due to those products.
*If you trade another asset that is not on this list in your Top Ten Trader Challenge or Top Ten One Challenge you will be failed for trading an impermissible asset.
Unlimited Time
In any of the Top Ten and Top Ten ONE Challenges you have unlimited time to reach your trading goals.
At Top Ten Funding we look for traders who want to make profits from their trading, therefore it is necessary that they are active and consistent traders, we know that there may be days of pause in your trading so we consider a period of 30 days enough for these pauses, therefore if your trading account remains inactive for this period of time, you will not be able to trade for more than 30 days.
30 days will be grounds for rejection of your challenge.
What happens if I fail to meet any of the parameters, does my challenge end?
If you fail to comply with any of the parameters (Top Ten Trading Plan) of Trading, that particular account will be automatically disapproved and will lose the legitimacy to continue with the Top Ten Trader Challenge or Top Ten One Challenge.
If the default occurs in your Top Ten Trader Account, the corresponding Top Ten Agreement Contract will be terminated. You can always try again from scratch and request a Trader Top Ten Challenge or Top Ten One Challenge and become a Top Ten Trader again.
If you breach the trading parameters, you will lose the right to reimbursement for the Trader Top Ten Challenge or Top Ten One Challenge, so make sure you stay within the parameters (Top Ten trading plan).
Payments
How is the management of the account from a technical point of view?
When a client becomes a Top Ten Trader, he/she is provided with a demo account with virtual funds.
Clients are entitled to 70% of the profits generated in the Top Ten Trader Account
This solution is much easier from an administrative point of view and gives us more freedom to actively manage risk.
Beware of trading activities that are prohibited. Some trading practices can be used to generate consistent and risk-free profits or to exploit conditions or services.
How can I withdraw my winnings?
As a Top Ten Trader you are entitled to a real money reward when you make a profit, you need to earn a minimum profit of 1% on the initial capital of your Top Ten Trader Account to be able to request a withdrawal.
Profit Splitting in the TOP TEN account is performed every 14 days by definition.
Payments are processed in approximately 48 hours after confirming the invoice. You will receive your earnings via cryptocurrencies.
- Once you make a withdrawal request, you will immediately receive a new Trader Top Ten account to continue trading. You will no longer have to wait for the existing payment to be processed to continue trading.
- We do not charge any commission for withdrawals.
*Note: if your payment date is already due and you have your minimum benefit (1%) but the "Request Payment" button is not active, you must send a support request to our billing department or through our internal administrative system contacto@toptenfunding.com. In your support request, be sure to include your account number or email address.
Is there a payment limit?
Once you become a Top Ten Trader there is no limit to the amount of withdrawals you can request.
The maximum profit and payout for each withdrawal will be 10% of the initial account balance. From a statistical point of view, this will not significantly impact traders; however, Top Ten Funding seeks to prevent traders from adopting gambling-like behaviors, such as using excessively large volumes, opening full margin positions and, above all, applying poor risk management.
As a Top Ten Trader you can request a withdrawal and you will receive your credentials immediately to continue trading on a new account while your withdrawal is being processed so you can apply your trading without wasting time.
We are constantly evolving and improving by offering the best tools and convenience for all our Traders to achieve their goals.
Example:
On an account with a balance of $100,000 any profit over $10,000 will no longer be considered in the calculation of payouts. Thus, from that $10,000, we will distribute to you your corresponding profit percentage of 70%.
Refunds
All traders who successfully complete the Top Ten Trader Challenge or Top Ten One Challenge will receive a refund of the registration fee once they apply for their first profit split.
FAQs
After overcoming the Challenge, what should I expect?
- Once you have reached your trading target you will receive your new login credentials a few minutes after the end of the trading day.
What should I expect after passing the Verification phase?
- Once you have reached your trading goal you will receive your new login credentials to your Trader Top Ten account within 48 hours.
As soon as you receive your Trader Top Ten account you can start earning unlimited profits!
What should I expect after passing the ONE phase?
- Once the goal is reached, you will receive your Trader Top Ten account credentials within 48 hours.
Try your best strategy and win real money!
What capital will I trade with as a Top Ten Trader?
- You will trade with the same account balance you traded with in the Trader Top Ten Challenge and Top Ten One Challenge. If you traded with $100,000 in the Trader Top Ten Challenge and Top Ten One Challenge, you would also manage $100,000 in the Trader Top Ten account.
What platforms can I use for trading?
- You can trade your Top Ten Trader Challenge and Top Ten One Challenge directly in the platform MetaTrader 5Our mission is to make trading accessible to anyone, anywhere.
Can I use Expert Advisors and Bots?
- At Top Ten Funding we know that many traders use these tools as a method to support their trading, so we allow the use of EAs, management tools, martingale and HFT (high-frequency trading) in the evaluation phases of our Top Ten Trader Challenge and Top Ten One Challenge.