You will trade with the same account balance that you traded in the Simulated Arctic Funding Challenge. If you traded with $200,000 capital in the Challenge, you would also manage $200,000 in the Simulated Funded account stage to avoid any confusion.
Please note that all funded trading accounts we provide to our traders are demo accounts with virtual funds. After a client becomes a funded trader, he/she is provided with login credentials for a demo account.
Clients are entitled to up to 100% of simulated profits generated on the Simulated Arctic Funding Account. This solution is much more administratively easier and gives us more freedom to manage risk actively.
If you wish to trade with a higher account balance, you can simply apply for another Challenge and trade more accounts. Each Challenge needs to be traded from the beginning, irrespective of the progress on your other accounts.
To ensure risk diversification and control exposure, we permit a maximum simulated FUNDED capital allocation of $400,000 per trader, for each IP address and household, at any given time.
An example of the $400,000 capital allocation limit could be either two accounts with a simulated $200,000 each, or four accounts with $100,000 each. It's important to avoid creating multiple accounts through different registrations to comply with this limit.
If we discover identical trade strategies throughout various accounts exceeding $400,000 in the allocated capital value, we reserve the right to suspend those accounts as per the T&Cs. On the other hand, if you are consistently profitable on the simulated funded account, we will be happy to allocate additional simulated capital as per our scaling plan.