For SwiftTrader accounts purchased before August 18th, 2025 check THIS article, please.
This FAQ article is applicable for SwiftTrader accounts bought after August 18th, 2025.
To complete our evaluation and receive the virtually funded SwiftTrader account (please see Do I trade real money on provided accounts? for details on how Fintokei manages the funds) and Performance reward from it, you must successfully pass one evaluation phase.
In this phase, your goal is to make 10% profit while avoiding suffering a daily drawdown of over 3% and a total drawdown of over 6%. Please note both of these drawdown rules apply and are monitored in parallel, and breaching any of them results in failing the particular SwiftTrader Evaluation account or Virtually Funded SwiftTrader account.
There are a few other rules that make sure that only diligent traders pass the evaluation phase. Before you start, make sure to check the verification rules in detail.
It is also important to follow the rule of maximum risk on open trades. Breaking this rule does not lead to losing account, but it triggers warning or eventually Consistency rules application.
Once you complete your profit target, check that you also have the required amount of 5 trading days. A definition of trading days is available HERE.
If your profit and 5 trading days requirements are complete, make sure to close all open trades. Only once the trades are closed and you are in the required % profit, can the phase be considered as passed.
As soon as you pass the evaluation phase, we will contact you through email and set up the SwiftTrader Funded account. We will ask you to verify your identity using an automated system and send you a contract for becoming a professional trader. We will also process the contract fee worth the amount you've paid for the program together with the first performance reward payout from the account. Available payout on the virtually funded account will be unlocked after hitting the profit target milestone of 3% or more. A profit target of at least 3% must be reached for every payout.
Contract fees are processed separately from the payouts but on the same day as the first payout. Payment method of the contract fee is different so it could take 3-14 days until you receive the funds, usually you will receive the payout first and after a couple of days also the contract fee arrives.
In order for the account to remain active, you must fulfill the condition of at least 1 trade per 30 days on the account.