Frequently Asked Questions
Please take a look at the sections below to find the answers you’re looking for. If you can’t find what you’re looking for or have additional questions, please don’t hesitate to contact us. We’re always here to help!
Last updated: July 2023
1. General questions
Where do you operate out of? Are you licensed?
We are US-based company with exchange licenses from listed exchanges. This is a simulated environment you will be trading on initially. We will move you to a interactive brokers or sterling environment when we want to scale your account and remove any trading restrictions. At this point, we will give you additional resources such as developers to help automate your strategy, data analysts that will help you with your edge.
Am I trading with real money?
When you are on our platform initially, you will be in a simulated environment. We will notify you when you are not on one anymore, and we will move you over to another platform.
Affiliates and Partners
We require to have a call with you prior to becoming an affiliate. Not everyone is accepted.
2. Evaluation questions
Is there a time limit?
There is no time limit in evaluation accounts.
What instruments am I able to trade?
How is End Of Day drawdown calculated?
On our 1 step evaluation, drawdown is based on equity high of the account. On our 2 step account, it based on your end of day balance. When you are funded, your drawdown will correspond with the drawdown type of your evaluation.
Is there any restrictions on my trading?
We only offer day trading as of now. We don't allow any HFT strategies, spread trading, or any system that is blatantly try to game the system. We are looking for realistic trading strategies that will work in a real environment.
3. Payout Questions
Which countries do you payout to?
We payout using deel. Here is the list of countries that deel does not payout to.
https://help.letsdeel.com/hc/en-gb/articles/4407737728273-Where-Is-Deel-Available-
You can start getting paid out once you hit 4% profit in the funded account stage.
4. Funded account
Yes, EOD drawdown stops once it gets to account balance. The daily loss can be removed upon request, but we believe it's a large enough daily loss that it is good for risk management.
Does consistency rule stay in the funded account?
Yes, to get paid out you may not have 40% of your overall profits come from more than one trading day. This is to encourage consistent strategies and not gambling.
No, once you are in profit, and have reached 4% profit target in the funded account, you can request any payout. There is no max withdrawal like many firms will do to cap how much you can make.
5. Risk Disclosure
Traders Launch LLC Risk Disclosure for Stock Trading:
General Information: All content published and distributed by Traders Launch LLC and its affiliates is for general information only. None of the information provided by Traders Launch LLC or contained herein is intended as (a) investment advice, (b) an offer or solicitation to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any stock, company, or fund. Testimonials on Traders Launch LLC's websites may not represent other clients or customers and are not a guarantee of future performance or success. The use of information contained on Traders Launch LLC's websites is at your risk, and Traders Launch LLC and its representatives assume no responsibility or liability for any use or misuse.
Trader Evaluation Disclaimer: The evaluation program simulates real stock trading conditions and is challenging to pass, even for seasoned traders. This program is not recommended for individuals with minimal stock trading experience.
Prohibited Conduct Mitigation: If Traders Launch LLC identifies trading activity that, in its sole discretion, relates to Prohibited Conduct, Traders Launch LLC reserves the right to delete the trading day and all profits, restart the account, or close the account. Repeat violations may result in a ban from all or part of the Site and Services.
Stock Trading Risks: Stock trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Only risk capital—funds that can be lost without jeopardizing financial security or lifestyle—should be used for trading, and only those with sufficient risk capital should consider trading.
Simulated Trading Disclosure:
Participants engaging in simulated trading through Traders Launch LLC trading platforms acknowledge and understand that simulated trades do not involve actual ownership of any stocks or securities. Simulated trading activities are for educational and training purposes only.
Simulated trading does not involve actual money or real assets, and any gains or losses experienced during simulated trades have no real-world financial consequences. Participants should exercise caution and seek advice from qualified financial professionals before engaging in real trading with actual funds.
By proceeding with simulated trading activities on Traders Launch LLC trading platform, users explicitly acknowledge that they do not acquire ownership of any stocks or securities, and that simulated trades are purely for learning and instructional purposes.
Conclusion: By participating in any Traders Launch LLC programs or using the Site and Services, you acknowledge that you have read, understood, and agree to this Risk Disclosure. Traders Launch LLC strongly advises all individuals to seek professional financial advice before engaging in stock trading.