What is a Rapid Crypto Funded Account?
The Rapid Crypto 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 generated in the Funded Account can be paid out according to the performance reward structure. The account will be closed after a maximum of 5 payouts.
Rapid Crypto Funded Account Sizes & Rules
Rule | $50,000 Account | $100,000 Account |
Max Drawdown | $2,000 | $3,000 |
Max Position Loss | 0.5%* | 0.5%* |
Breach logic* | 2x Soft / 3rd Hard | 2x Soft / 3rd Hard |
Daily Loss Limit (DLL) | No Limit | No Limit |
Consistency | No | No |
Extension Fee | $5 | $5 |
Duration | 30 Days | 30 Days |
Max Accounts | 5 | 5 |
*A soft breach means the position is automatically closed, but the account remains active. A hard breach means the account is closed.
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
A Funded Account is valid for 30 days.
You may manually extend it in the dashboard for an additional 30 days for $5.
If no extension is purchased, access to the account will permanently expire.