For The Most AMbitious
At Billions Club, we always strive to offer the best tools to help you thrive in your trading journey.
Scaling Plan Overview
As traders, we understand the thrill of seeing your trading account grow. With the For Traders Scaling Plan, we provide our traders the opportunity to increase their trading account size.
After successfully completing a Phase 2, traders get a chance to increase their account size by 25% - aligning with the market standard, but Without Minimum Profit requirements.
In terms of maximum scale, we align ourselves with a realistic yet ambitious target of $1.5 million. We believe this to be a responsible balance, encouraging solid, consistent trading strategies rather than high-risk, high-reward approaches that only a small percentage of traders can achieve.
How We Scale Your Account
The scaling process is simple and transparent. Every four months, we analyze your account's profitability. If the account is profitable, we increase your balance by 25% in the fifth month.
This means, with an initial account setup of $100k, your account size could increase to $125k. This also adjusts the daily and overall drawdown limits proportionally, ensuring you get the opportunity to make the most of your successful trades.
Keep in mind that if you lose an account with a scaling plan, you will have to start anew with the original account setup. This is to ensure a fair and sustainable trading environment for all our traders.
Max Allocation refers to the total balance that you, as a trader, could be funded by us. You can reach this funding limit with a single program or through a combination of accounts with lower balances.
In line with our commitment to responsible and sustainable trading, we have set our Max Allocation at $300k. This limit is designed to prevent high-risk trading tactics that could artificially increase the probability of payouts.
Our team is here for you and responds quickly across all time zones. Contact us on our social media, through the chat here onthe website, or send us an email.
1. High-frequency Trading (HFT)
2. Arbitrage trading (Hedge, Reverse, Latency)
3. Tick Scalping
4. Grid Trading
5. Use of emulators
6. One-sided Betting
(This rule means using more than 40% of the available margin for 1 single trade or multiple trades on the same instrument in the same direction.)
Key Terms Explanation:
One-side betting: This refers to a high-risk trading strategy where a large portion of your available margin is used in a single trade or multiple trades on the same instrument in the same direction.
Available Margin: This is the amount of funds you have in your account that can be used to open new positions. It's determined by your account balance, the leverage provided, and the margin requirements of your open positions.
Leverage: Leverage allows you to control a large position with a relatively small amount of capital. A 1:125 leverage means you can control a position worth 125 times your invested capital, and a 1:40 leverage means you can control a position worth 40 times your invested capital.
Single Trade or Multiple Trades on Same Instrument in the Same Direction: This means either one large trade or several smaller trades that are all betting the market will move in the same way (either all buying or all selling) on the same financial instrument.
Application of the Rule:
1) $100,000 Accounts with 1:125 Leverage:
- Total Trading Power: With 1:125 leverage, your $100,000 can control positions worth up to $12,500,000 ($100,000 * 125).
- 40% Margin Rule: You cannot use more than 40% of your available margin on a single trade or multiple trades in the same direction on the same instrument. This means you cannot commit more than $5,000,000 ($12,500,000 * 40%) to any one trade or set of trades on the same instrument in the same direction.
- Max Lot Size for a Trade: Forex lots are typically 100,000 units of the base currency. To find the max lot size, we calculate the maximum amount you can commit ($5,000,000) and divide it by the value of one lot in your account currency. For simplicity, if we assume you're trading a pair where the base currency is the same as your account currency, the maximum lot size would be 50 lots (since one lot is $100,000 of position value, and you can commit up to $5,000,000).
2) $100,000 Accounts with 1:40 Leverage:
- Total Trading Power: With 1:40 leverage, your $100,000 can control positions worth up to $4,000,000 ($100,000 * 40).
- 40% Margin Rule: You cannot use more than 40% of your available margin on a single trade or multiple trades in the same direction on the same instrument. This means you cannot commit more than $1,600,000 ($4,000,000 * 40%) to any one trade or set of trades on the same instrument in the same direction.
- Max Lot Size for a Trade: Using the same logic as above, if one lot is $100,000 of position value, the maximum lot size you could commit to a single trade or multiple trades in the same direction on the same instrument would be 16 lots (since you can commit up to $1,600,000).
This rule does not apply to Crypto instruments.
In the unfortunate event of a failed Funded Account, different support mechanisms are in place, ranging from discounted to free challenge fees, depending on your tier.
Aggressive trading refers to strategies that involve high risks, such as large, frequent trades or significant leverage. Our program encourages a balanced and strategic approach to trading.
For the vast majority of users, we do not copy trades to live funds. However, we retain the option to utilize a select few users' trading strategies and data for conducting trades with For Traders Trading's own accounts in real markets.
For Traders is committed to collecting and analyzing data from a wide array of For Traders traders, with the goal of developing in-house trading strategies that are most likely to consistently yield returns. We will also use the data gathered to offer insights to our own or 3rd party hedge fund or PE firms engaged in real trading.
Our trading strategies are crafted to minimize risk by not overly depending on any single trader, while also allowing individual traders the liberty to execute their unique strategies. As the number of traders associated with us grows, so does the breadth and depth of our data, enhancing our trading algorithms and providing a richer base for data-driven development. Building a successful trading system is, contrary to common belief, an intricate process, involving prolonged periods of data collection, in-depth analysis, and continuous fine-tuning.
The minimum payout amount is set at $100. Once you reach the set payout amount, you can simply request a payout.
Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. Slippage can occur at any time but is most prevalent during periods of higher volatility when market orders are used. It can also occur when a large order is executed but there isn't enough volume at the chosen price to maintain the current spread.
You can withdraw the first and subsequent payouts after 14 days.
Do you have more questions? Check out the full FAQs.