Direct Funded Trader has introduced a new pricing structure for its trading challenges, including a $200,000 evaluation account available for $9.99 and two new trading programs. The firm also listed two new programs and payout split options for traders on its platform.
According to the update, traders can now access a $200K challenge through the firm’s evaluation program at the newly listed price for the Turbo Challenge. The evaluation model requires participants to complete a trading evaluation before becoming eligible for a funded account, and they have also launched New Instant Funding Accounts.
Alongside the evaluation challenge, the firm outlined several additional account pathways available to traders. These include the Turbo challenge (9.99$ all challenges, 200K pay only after passing (New), Fast Funding accounts, and Instant Funding accounts (NEW). Each format follows its own structure regarding qualification requirements and funding conditions.
So, the New Turbo challenge from Direct Funded Trader is a two-phase evaluation program designed to provide traders with a faster route to a funded account while maintaining defined risk parameters. The program offers account sizes ranging from $5,000 to $200,000, with leverage set at 1:100 and unlimited trading periods across both phases. Traders must complete a minimum of five trading days in each evaluation phase, with a profit target of 8% in Phase 1 and 5% in Phase 2. Risk limits include a maximum daily loss of 5% and a maximum overall loss of 10%. Once the funded stage is reached, there is no profit target while the same risk limits remain in place. The program also allows traders to hold positions over the weekend
Direct Funded Trader New Pricing: Lists $200K Challenge at $9.99
Moreover, the firm also stated that traders can choose from three payout split levels. These include 70%, 80%, and 90% profit share options. The selectable payout structure allows participants to decide the percentage of trading profits they retain under their account terms.
Furthermore, the New Instant Funding program from Direct Funded Trader allows traders to access a funded account without completing a traditional evaluation phase. Under the new program, traders can select account sizes starting from $5,000 and trade with leverage of 1:50. The program has no profit target and an unlimited trading period, while requiring a minimum of three trading days. Risk limits include a maximum daily loss of 3% and a maximum overall loss of 6%, along with a single-trade loss limit capped at 2% of the day’s balance. Traders are allowed to hold positions over the weekend, and a consistency rule limits profits from a single day to 30% of total net profit.
With the latest changes and new programs, Direct Funded Trader has expanded the number of funding pathways available on its website while introducing a lower entry cost for one of its highest account sizes. The update also expands trader choice through multiple evaluation models and adjustable payout splits.
About the Firm
Here are some interesting facts about the firm:
- No Maximum Trading Period
- Scaling Plan
- Bi-weekly Payouts
- Profit Share of 80%
- Cashback of $3 per Traded Lot During Evaluation Phases
- Overnight Holding Allowed
- Weekend Holding Allowed (Except Standard Fast Funding)
- News Trading Allowed
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