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Understanding Rapid Live

This article explains how the Rapid Live Stage works – from when you’re moved to Live, to how the Live account is structured, and what happens to your Reserve if the account is closed.

Updated this week

1. Live Stage at a Glance

Transition Triggers:

  • $10,000 net profit achieved in a single trading day (automatic transition), or

  • Consistent payout performance reviewed and approved by our Risk Management Team.


Live Account Parameters:

Parameters

Rapid 50k

Rapid 100k

Rapid 150k

Initial Balance

$0

$0

$0

Max Loss Limit

$2,000

$3,000

$4,500

Drawdown Type

End-of-Day (EOD)

End-of-Day (EOD)

End-of-Day (EOD)

Drawdown Floor

Max Loss threshold stops at $0

Max Loss threshold stops at $0

Max Loss threshold stops at $0

Max Contracts

4 mini / 40 micro

6 mini / 60 micro

8 mini / 80 micro

Payout Frequency

Daily

Daily

Daily


Reserve Program:

  • Up to $5,000 of Sim Funded profits are allocated to Reserve upon transition.

  • Reserve funds may be accessed if your Live account is breached, or

  • Reserve funds may be distributed as a Performance Bonus upon achieving Live account milestones.

Click on the following link for detailed information regarding the Live Account Reserve Program

Multiple Accounts:

  • When multiple Rapid accounts are transitioned to Live, the Max Loss Limit increases proportionately based on how many accounts are moved. Instead of multiple Live accounts, parameters are combined into one Live account. The Max Contracts will be discussed with the Live team in this case.


2. Live Account Transition Criteria

Traders may be transitioned from Rapid Sim Funded to Live through two primary pathways:

  • Automatic Live transition occurs when you generate $10,000 in net profit within a single trading session. Upon meeting this criterion, immediate transition to Live account status is initiated, and any profit exceeding $10,000 for that trading day is forfeited.

  • Subsequent Risk Management Team performance evaluation.

This assessment typically considers multiple profitable trading sessions and comprehensive performance metrics; however, final transition approval remains at the Risk Management Team's sole discretion.


The Risk Management Team reserves the right to contact traders at any time to offer Live account transition opportunities.

Example 1:

A trader generates $10,000 net profit in a single trading day on their Sim Funded account, triggering automatic Live transition. Of the $10,000 profit, $5,000 is allocated to the Reserve Program while the remaining $5,000 becomes available for withdrawal under standard payout protocols. The Sim Funded account is subsequently set to dormant status as Live account transition commences.

Example 2:

A trader demonstrates consistent payout achievement on a Rapid Sim Funded account and receives Risk Management Team approval for Live transition with $7,000 in total account profits. Upon transition, $5,000 is allocated to the Reserve Program while the remaining $2,000 becomes available for withdrawal under standard payout protocols. The Sim Funded account is subsequently set to dormant status as Live account transition commences.


3. Live Account Transition Process

Upon Rapid Sim Funded account transition:

  • The existing Sim Funded account is placed in dormant status.

    • Any remaining Sim Funded profits exceeding the Reserve allocation become available for withdrawal under standard profit-sharing arrangements.

  • All simulated trading accounts and additional purchases are suspended during Live account operation.

  • Program establishment:

    • Up to $5,000 of Sim Funded profits are allocated to Reserve Program balance.

  • Traders now operate a Live account, managing actual capital on behalf of My Funded Futures.


4. Live Account Operating Rules & Risk Management Parameters

Rapid Live accounts operate under the following specifications:

Parameters

Rapid 50k

Rapid 100k

Rapid 150k

Initial Balance

$0

$0

$0

Max Loss Limit

$2,000

$3,000

$4,500

Drawdown Type

End-of-Day (EOD)

End-of-Day (EOD)

End-of-Day (EOD)

Drawdown Floor

Max Loss threshold stops at $0

Max Loss threshold stops at $0

Max Loss threshold stops at $0

Max Contracts

4 mini / 40 micro

6 mini / 60 micro

8 mini / 80 micro

Payout Frequency

Daily

Daily

Daily

Reaching the Maximum Loss Limit results in immediate Live account closure.


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