To complete our evaluation and receive the virtual (please see Do I trade real money on provided accounts? for details on how Fintokei manages the funds) StartTrader trading account and Performance reward from it, you must successfully pass three phases.

In each phase, your goal is to make 2 (1st Phase), 3% (2nd Phase) and 6% (Phase 3) profit while avoiding suffering a daily drawdown of over 5% and a total drawdown of over 10%. 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.

There are so called consistency rules applied by default on all accounts of StartTrader - there is a maximum daily profit monitored for each Phase:

Phase 1: max 40% of your Profit Target can come from 1 day

Phase 2: max 40% of your Profit Target can come from 1 day

Phase 3: max 40% of your Profit Target can come from 1 day

StartTrader Phase: max 1% of profit calculated from the starting balance can come from 1 day

For more information about the working process of maximum daily profit please read this FAQs.

Once you complete your profit target, check that you also have the required amount of trading days. A trading day is a day where at least one trade was opened.

If your profit and minimum 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 third phase, you will receive a certificate proving your skills, and we will contact you and set up the StartTrader 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 welcome bonus worth the amount you’ve paid for the program together with the first performance reward payout from the account.

Welcome bonuses are processed separately from the payouts but on the same day as the first payout. Payment method of the welcome bonus 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 welcome bonus arrives.

Also keep in mind that you have a maximum of 180 days for each Phase (Phase 1, Phase 2, Phase 3). Once you get your StartTrader Virtually funded account, there is no time limit.

In order for the account to remain active, you must fulfill the condition of at least 1 trade per 30 days on the account.