Gladiator Phase (Payouts)
The following information will help you understand the PropShopTrader payout model and the foundation as to how we structure payouts for the Gladiator Phase. Please note, only traders in the Gladiator Phase are eligible to receive trader payouts.
Before we cover the payout tables below, it’s important to understand the foundation of our risk model as a company, and why it’s such a better model for both traders and us alike.
Instead of doing what other firm do, which is not ideal for traders, we looked to pioneer a completely new type of trader payout framework that aims to do the following:
- Get you paid faster
- Get you paid more often
- Get you paid more money
Important Notes To Consider About Other Prop Firms:
Even the firms that say “We Don’t Cap Payouts” have set risk assessment periods in place to limit what they pay you over a 1-3 month period. Because of high failure rates, the likelihood of you staying active until they remove the risk assessment period is next to nil, so this is really just a fancy way of saying, “We’re capping your payouts differently!!”
This is where PropShopTrader aims to change the space! It’s important to understand that companies must balance the need to manage the firm risk for solvency and longevity, with the needs of the traders. In doing so, we can create a model where everyone wins!
The PropShopTrader payout model allows each trader to:
- Get paid weekly so it becomes a career faster.
- Get paid more than any other firm, even during the risk assessment period.
- Offer large upside potential, not only in Gladiator Phase but with the opportunity to get called up to REAL PROP.
During the risk assessment period of 12 weeks, payouts per account are capped on a weekly basis, determined by the size of the sim account. Despite these caps, traders can earn up to 2X more per account compared to other firms, with the potential for up to four payouts per month. The minimum payout amount is $100 per PTSA. Traders must meet this threshold to request any payout during the Gladiator Phase. The 12-week risk assessment period serves as a period of evaluation, during which traders’ skills are continually assessed. This evaluation period mitigates risk for the company while also allowing traders the opportunity to prove their capabilities and establish a track record.
Some traders will question: Why are there payout caps in the risk assessment period?
It’s important to recognize that even in the Gladiator Phase, traders are considered high-risk to the firm. This cautious approach ensures that both traders and the company are protected, particularly in a synthetic trading environment where payouts are made based on simulated accounts.
Traders have the option to offset payout caps by trading up to a maximum of 20 accounts, inclusive of both Warrior and Gladiator accounts, thereby accessing more payouts across their portfolio. Additionally, traders can explore different drawdown options based on their evaluations during the Warrior Phase and into the Gladiator Phase.
It’s important to note that once a trader has proven themselves during this 12-week period, they may have the opportunity to move to REAL PROP. In the event our risk management team deems the trader worthy and ready, they will no longer face payout caps on the account, as the REAL PROP program operates on a different payout structure. This is discussed on our website here.
The concept behind the 12-week period is that the Company has adequate time to assess if the trader should remain in the Gladiator Phase or be brought up to REAL PROP. Gladiator traders can remain in the Gladiator Phase longer than the 12-week period if they are not called up to REAL PROP, in an effort to continuously improve and strive to reach this goal. If the Trader remains in Gladiator Phase, the payout caps will remain until they are called up to REAL PROP.
Trader Payout Table:
The payout table below outlines the weekly payout caps and monthly earning potentials for each account size during the 12-week risk assessment period. It’s crucial for traders to understand these figures as they represent the structure of payouts within PropShopTrader.
- $50,000 Account: Weekly Cap: $1250 | Monthly Potential: $5000
- $100,000 Account: Weekly Cap: $1500 | Monthly Potential: $6000
- $250,000 Account: Weekly Cap: $1750 | Monthly Potential: $7000
- $500,000 Account: Weekly Cap: $2000 | Monthly Potential: $8000
| Account Size | Drawdown Protection | Trailing Drawdown | Payout Eligibility Balance* | Minimum Account Balance** | Weekly Payout Cap (12-Weeks) | Monthly Payout Potential |
|---|---|---|---|---|---|---|
| 50K | None | $2,500 | $52,600 | $50,100 | $1,250 | $5,000 |
| Level 1 | $2,750 | $52,850 | $50,100 | $1,250 | $5,000 | |
| Level 2 | $3,000 | $53,100 | $50,100 | $1,250 | $5,000 | |
| 100K | None | $5,000 | $105,100 | $100,100 | $1,500 | $6,000 |
| Level 1 | $5,500 | $105,600 | $100,100 | $1,500 | $6,000 | |
| Level 2 | $6,000 | $106,100 | $100,100 | $1,500 | $6,000 | |
| 250K | None | $12,000 | $262,100 | $250,100 | $1,750 | $7,000 |
| Level 1 | $13,500 | $263,600 | $250,100 | $1,750 | $7,000 | |
| Level 2 | $15,000 | $265,100 | $250,100 | $1,750 | $7,000 | |
| 500K | None | $24,000 | $524,100 | $500,100 | $2,000 | $8,000 |
| Level 1 | $27,000 | $527,100 | $500,100 | $2,000 | $8,000 | |
| Level 2 | $30,000 | $530,100 | $500,100 | $2,000 | $8,000 |
* Minimum Balance Required to Achieve Payout Eligibility
** Minimum Balance Required Once Trailing Drawdown is Fixed
Click the (+) below to expand the Payout & Drawdown tables for more details
| Assumes No Increase in Trailing Drawdown Purchased | Gladiator Shield Threshold Levels – No Additional Drawdown Protection Purchased | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Type | Drawdown Type | Week 1 | Week 2 | Week 3 | Week 4 | Week 5 | Week 6 | Week 7 | Week 8 | Week 9 | Week 10 | Week 11 | Week 12 | ||
| $50,000 | Trailing Drawdown | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | ||
| $100,000 | Trailing Drawdown | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | ||
| $250,000 | Trailing Drawdown | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | ||
| $500,000 | Trailing Drawdown | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | ||
| $50,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | $52,600 | ||
| $100,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | $105,100 | ||
| $250,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | $262,100 | ||
| $500,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | $524,100 | ||
| $50,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | ||
| $100,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | ||
| $250,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | ||
| $500,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | ||
| $50,000 | Weekly Payout Cap | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | ||
| $100,000 | Weekly Payout Cap | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | ||
| $250,000 | Weekly Payout Cap | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | ||
| $500,000 | Weekly Payout Cap | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | ||
| Assumes 1 Level of Protection Purchased | Gladiator Shield Threshold Levels – 1 Level of Drawdown Protection Purchased | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Type | Drawdown Type | Week 1 | Week 2 | Week 3 | Week 4 | Week 5 | Week 6 | Week 7 | Week 8 | Week 9 | Week 10 | Week 11 | Week 12 | ||
| $50,000 | Trailing Drawdown | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | $2,750 | ||
| $100,000 | Trailing Drawdown | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | $5,500 | ||
| $250,000 | Trailing Drawdown | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | $13,500 | ||
| $500,000 | Trailing Drawdown | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | ||
| $50,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | $52,850 | ||
| $100,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | $105,600 | ||
| $250,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | $263,600 | ||
| $500,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | $527,100 | ||
| $50,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | ||
| $100,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | ||
| $250,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | ||
| $500,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | ||
| $50,000 | Weekly Payout Cap | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | ||
| $100,000 | Weekly Payout Cap | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | ||
| $250,000 | Weekly Payout Cap | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | ||
| $500,000 | Weekly Payout Cap | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | ||
| Assumes 2 Levels of Protection Purchased | Gladiator Shield Threshold Levels – Two Levels of Drawdown Protection Purchased | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Account Type | Drawdown Type | Week 1 | Week 2 | Week 3 | Week 4 | Week 5 | Week 6 | Week 7 | Week 8 | Week 9 | Week 10 | Week 11 | Week 12 | ||
| $50,000 | Trailing Drawdown | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | ||
| $100,000 | Trailing Drawdown | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | ||
| $250,000 | Trailing Drawdown | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | ||
| $500,000 | Trailing Drawdown | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | ||
| $50,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | $53,100 | ||
| $100,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | $106,100 | ||
| $250,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | $265,100 | ||
| $500,000 | Account Balance Target for Payout Eligibility plus $100 admin fee | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | $530,100 | ||
| $50,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | $50,100 | ||
| $100,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | $100,100 | ||
| $250,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | $250,100 | ||
| $500,000 | Minimum Account Balance Required for Active Status and Payouts (Once Trailing Drawdown is Capped) | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | $500,100 | ||
| $50,000 | Weekly Payout Cap | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | $1,250 | ||
| $100,000 | Weekly Payout Cap | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | $1,500 | ||
| $250,000 | Weekly Payout Cap | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | $1,750 | ||
| $500,000 | Weekly Payout Cap | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | ||
IMPORTANT NOTE: These payout caps apply only during the 12-week risk assessment period. During this time, we continue to closely evaluate your performance, even though payouts are active. Once you successfully complete the 12-week period, the account caps will be removed, and you will transition to the Real Prop with up to a 90/10% profit split.
Comparison To Other Firms:
Even with weekly payout caps, traders have the potential to earn up to 2X more than other firms during the risk assessment period. Unlike firms that cap monthly payouts prolonging payouts at lower amounts, PropShopTrader offers more frequent and higher earning potential right from the start.
Trader Payout Opportunity Example:
Consider a trader trading 10 PTSA accounts each with a $50K account size:
- Each account pays out a maximum of $5000 per month.
- Total potential earnings per month: $50,000 (10 accounts x $5000)
- Maximum potential earnings over a 3-month risk assessment period: $150,000
Payout Failure Rate Disclaimer:
While the payout model presents significant earning opportunities, it’s essential to acknowledge the high failure rate in trading. The figures provided represent an ideal scenario, and achieving maximum potential earnings is unlikely due to the difficulty in trading. PropShopTrader continues to evaluate traders’ performance and risk management throughout their engagement with the firm.
What’s Next After Gladiator?
Path To REAL PROP: (Real Money Trading – With up to a 90/10 Split)
The entire goal of every inspiring trader is to make it to REAL PROP. This is equally the goal of the Company. The Warrior Phase (evaluations) and the Gladiator (PTSA) trading accounts are merely opportunities for traders and the Company to evaluate and assess each traders’ abilities, skills, and risk management capabilities for trading.
Once a Trader is in the Gladiator Phase, the Company risk team closely monitors every trader for the skills necessary to move them to REAL PROP. Some Traders will possess the skills quickly and be called up to REAL PROP sooner than the 12-week objective. Some traders will get called up at the 12-week mark, and some will not get called up and remain in Gladiator until they are called up or never.
If and when a Trader gets called up to REAL PROP and is offered a career as a REAL PROP TRADER, they are transitioned to either employee or subcontractor status with the company, depending on jurisdiction. Traders within the EU are offered a base salary, while those outside the EU will not receive a base salary. In addition, all traders are eligible for up to a 90/10 incentive fee structure based on account growth. The REAL PROP payouts are not from the actual trading account, but instead from the company as a base salary (where applicable) & incentive fee.
All of the same rules pertaining to company policies and risk management are transferred over and still in effect and new rules apply based on Live Real Money Account Trading. The main upside is that once a Trader proves themselves consistently in REAL PROP, they can benefit from the Company Scale Plan as defined by the risk team and each Trader’s abilities.
For a detailed breakdown of the PATH TO REAL PROP please visit the website here.
Gladiator Terms and Rules
-
Paid Trading Sim Account (PTSA)
Gladiators are eligible for a PTSA, which are paid simulator accounts.
-
Account Transition
Traders who advance from the Warrior Phase to the Gladiator Phase will receive a new account to continue their journey in the Gladiator Phase. Only the Gladiator and Path 2 Prop accounts will remain as the same account.
-
Drawdown Protection
To have Drawdown Protection in the Gladiator Account, it must have been purchased in the Warrior Account. Once purchased in the Warrior Phase, it is mandatory to purchase it in the Gladiator Phase as the accounts are the same and will be linked from Phase 1 to Phase 2.
-
Intraday Trailing Drawdown
The Intraday Trailing Drawdown stops when it equals the trader’s initial account balance.
Payout Eligibility
Gladiators must meet minimum account balance requirements to be eligible for a payout. This means that the trailing drawdown level is capped, and the amount of withdrawal does not break minimum account balance levels. Gladiators can still trade down to the now-capped Intraday Trailing Drawdown. Keep in mind that the trailing drawdown stops trailing once you have hit the required profit target.
Activation Fee
There is a one-time fee to be paid when a trader gets promoted from a Warrior to a Gladiator. These fees vary by account size.
Risk Assessment Period
Payouts are capped during the 12-week risk assessment period. If a trader does not get promoted to real prop before, at, or after the 12-week mark, they will remain in Gladiator until they achieve promotion. Once promoted to real prop, the caps will be removed, and you will be able to participate in up to a 90/10 split.
Now we will demonstrate your payout scenarios and eligibility for each example:
Trader Payout Eligibility Condition
- The Gladiator is trading a $50,000 Account with an Intraday Trailing Drawdown amount of $2,500.
- In this example, the Gladiator has not purchased any additional Drawdown Protection, therefore the Trailing Drawdown is $2500.
- In order to be eligible for payouts, the trader must make enough profit to cover the trailing drawdown threshold plus the $100 admin fee.
- Once a trader covers their drawdown threshold (in this example it’s $2500 + $100), the trailing drawdown is locked at the initial account balance of $50,100.
- Gladiators are only eligible for weekly payouts if the trailing drawdown is capped at above the initial balance + the $100 fee.
Example 1: You Are Not Eligible For A Payout
- Gladiator is trading a $50,000 Account with an Intraday Trailing Drawdown amount of $2,500 and a Weekly Payout Cap of $1,250.
- The Intraday Trailing Drawdown is capped at Gladiators Initial Balance of $50,000 plus $100 admin fee which equals $50,100.
- The Gladiator traded the minimum required 3 days that week and has an account balance of $52,000 by the end of the week.
- Since the Minimum Account Target for Payout Eligibility equals $52,600 in this example, the Gladiator is ineligible for a payout.
Example 2: You Are Eligible for A Payout but not Max Weekly Payout
- Gladiator is trading a $50,000 Account with an Intraday Trailing Drawdown amount of $2,500 and a Weekly Payout Cap of $1,250.
- The Intraday Trailing Drawdown is capped at Gladiators Initial Balance of $50,000 plus $100 admin fee which equals $50,100.
- The Gladiator hits the Account Balance Target of $52,600 and the trailing drawdown is capped at $50,100.
- By the end of the week the Gladiator has lost some of the initial profits and has a balance of $51,000 by the end of that week.
- Since the account balance is above the $50,100 trailing drawdown threshold, the Gladiator can take a payout up to $900 in remaining profit.
- The Gladiator cannot take out more than $900 in remaining profit as the account balance would be below the trailing drawdown threshold of $50,100.
- The Gladiator would have needed at least $51,350 ($50,100 trailing drawdown threshold + $1,250 max payout) in order to be eligible for the max weekly payout.
Example 3: You Are Eligible for A Max Weekly Payout
- The Intraday Trailing Drawdown is capped at Gladiators Initial Balance of $50,000 plus $100 admin fee which equals $50,100.
- The Gladiator hits the Account Balance Target of $52,600 and the trailing drawdown is capped at $50,100.
- By the end of the week, the Gladiator has traded a minimum of 3 days and has an account balance of $53,000.
- The Gladiator can take the full weekly payout of $1,250 as the account balance would remain above $50,100 after payout.
Available Day Trading Sessions
Futures
- Trading starts at 6:00 PM EST and all positions must be liquidated by 4:45 PM EST the following day.
- Trading account balance target has been reached.
- Minimum Trading Days: To qualify for weekly payouts, you must trade on at least 3 separate days within the same week.
- Example: If a trader places one trade per week for 3 consecutive weeks or more, they will never qualify for a payout. This is because the requirement is to trade on at least 3 different days within the same week, in addition to meeting other rules.
- The trailing drawdown is locked at the initial balance plus $100 admin fee.
- Trade available products per asset class (Click Here for PDFs).
- Trade within max position sizes.
- No Daily Drawdown Limit (within Max Drawdown).
- Abide by Stop Loss & Drawdown Limits.
- Drawdown Protection Offered (must have purchased upgrade in warrior phase).
- Consistency Rule: We enforce a 40% consistency rule. Upon initiating a payout request, the profit derived from a single trading day must not exceed 40% of the total realized profit. Exceeding this threshold results in the inability to withdraw until consistency is restored.
- This percentage resets at the start of each week, assuming a payout was taken.
- The minimum payout amount is $100 per PTSA. Traders must meet this threshold to request any payout during the Gladiator Phase.
- Follow our prohibited trader policies (CLICK HERE).
- Before, at, or after the 12 week risk assessment period, you may or may not be called up to REAL PROP. We encourage you to trade well and strive for greatness!
Contact Us – We Care & We’re Here To Help!
If you need to speak with someone about our payouts or our risk management structure, please don’t hesitate to reach out and we will put you in touch with our team! Our model was built on the backbone of understanding all firms in this industry and then crafting a payout model that supports both the trader and the firm in a way that is superior to any other firm.
Our dedicated team is here to answer any and all concerns you may have. Please email: support@propshoptrader.com