Pass Now Pay Later — Program Information

Find answers and technical details for the Pass Now Pay Later program. If your query remains unresolved, please contact our 24/7 support team. 

All trading activity with Funded Trading Plus takes place in a simulated environment using virtual funds. No real trading capital is provided or traded. Traders are eligible for performance-based rewards in real-world funds in accordance with the program Terms and Conditions.

All accounts are subject to our Risk Management Policy. Please make sure you have read it before you begin trading.

What is the Pass Now Pay Later program?

Pass Now Pay Later is a single phase program that takes you from Challenge straight to a simulated funded account. You reach one profit target in the Challenge stage, and once you pass you move into the Funded stage where you can earn real-world rewards from your simulated profit.

What makes it different is how you pay. Instead of paying the full price upfront, you pay a small fee to start your Challenge, and you only pay the remaining Activation Fee once you have passed and are ready to move into the Funded stage.

How does the payment structure work?

There are two payments across the journey. First, a small fee to purchase and begin your Challenge. Second, an Activation Fee, which is paid only once you have passed the Challenge and are ready to activate your simulated funded account.

This means you can attempt the Challenge for a lower upfront cost, and the larger payment only applies once you have earned your funded account.

Program parameters at a glance

What account sizes are available?

Pass Now Pay Later is available in the following simulated account sizes: 25K, 50K, 100K and 200K.

Which platforms can I use?

You can trade on MT5 or Match Trader. cTrader is not available on this program.

What is the profit target?

Challenge stage: 2% simulated profit.

Funded stage: there is no profit target.

What is the Daily Simulated Loss limit?

Challenge stage: 4%, calculated from your simulated account balance.

Funded stage: 3%, calculated from your simulated account balance.

The Daily Simulated Loss resets at the start of each new trading day. Breaching this limit is a hard rule and will result in account closure.

What is the Maximum Simulated Loss?

Challenge stage: 6% static, measured from your starting simulated balance. The level does not move.

Funded stage: 6% trailing on equity. The level trails your equity high and locks once it reaches your starting simulated balance.

Breaching the Maximum Simulated Loss is a hard rule and will result in account closure.

What are the hard and soft rules?

Hard rules: do not breach your Daily Simulated Loss limit, and do not breach your Maximum Simulated Loss limit. Breaking a hard rule will breach your account and result in account closure.

Soft rules: there are no soft rules on this program.

All trading remains subject to our Risk Management Policy.

Is there a consistency rule?

Challenge stage: there is no consistency rule.

Funded stage: a 25% consistency rule applies to payouts. No single trading day can make up more than 25% of the total profit in your payout window.

What leverage is available?

Leverage is 1:30 across both the Challenge and Funded stages.

Can I trade the news and hold trades over the weekend?

Yes. News trading, weekend holding and weekend trading are all allowed on both the Challenge and Funded stages. News trading remains subject to our News Trading policy.

Are there minimum trading days or a time limit?

There is no time limit on either stage, so you can progress at your own pace.

Challenge stage: there are no minimum trading days.

Funded stage: a minimum of 10 trading days applies, in line with payout eligibility (see payouts below).

When can I request a payout?

Payouts are available on the Funded stage. You are eligible for real-world rewards based on the simulated profit you generate.

First payout: can be requested after a minimum of 10 trading days. A day counts as a trading day when you place at least one trade.

Subsequent payouts: a minimum of 10 trading days between each payout.

Minimum withdrawal: 3% of your simulated account balance.

What is the profit split?

You keep 80% of your simulated profit, paid in real-world funds.

Is scaling available?

No. There is no scaling on the Pass Now Pay Later program.

Are there any add-ons?

No. There are no add-ons available on this program at launch.

Disclaimer: Trading involves a significant risk of loss. Our programs are simulated evaluations. Successful participants are eligible for performance based payouts in real-world funds. Please refer to our full Terms and Conditions and Disclaimers for more information.