What is a Rapid Futures Funded Account?
The Rapid Futures Funded Account is the next stage after passing the challenge and allows you to trade under realistic conditions while qualifying for Rapid performance rewards.
Are profits withdrawable?
Yes, profits earned in the Funded Account can be withdrawn according to the performance reward structure.
The account will be closed after the 5th payout.
Rapid Futures Funded Account Sizes & Rules
Rule | $50,000 Account | $100,000 Account |
Max Drawdown | $2,000 | $3,000 |
Daily Loss Limit (DLL) | $1,000* | $1,500* |
Max Position Loss | None | None |
Consistency | None | None |
Max Position Size | 5 Minis / 50 Micros | 10 Minis / 100 Micros |
Max Payouts | 5x | 5x |
Max Accounts | 5 | 5 |
*If the daily loss limit is reached, this will result in a soft breach the first time. The account will be closed on the second violation.
Consistency & Profit Target
The Rapid Futures Funded Account has no consistency and therefore no profit target.
Drawdown Adjustment After First Payout
Once you receive your first performance reward payout, the Max Drawdown is adjusted to the account's original starting balance of $50,000 or $100,000. From this point on, the drawdown level is fixed.
Duration
The Funded Account has no expiry date and does not need to be renewed.