Fast Track Trading - Guide, Rules, Review, and Discount
Current Deals: Use Code: "ftt_45" - 45% off Rally, Daytona, and GT Use Code: "ftt_cc" for 40% off Rally, Daytona and GT. Use Code: "ftt_lemans" - 15% off Le Mans ▶ Shop Now
Overview
Fast Track Trading (FTT) offers a unique and innovative approach to prop trading, allowing traders to receive instant funding without any evaluations, resets, or monthly fees. With no commissions until traders reach a live account, FTT is ideal for high-frequency traders and scalpers. Fast Track Trading’s model, with minimal trading restrictions and a focus on trader freedom, creates both exciting opportunities and heightened risks.
Why Choose Fast Track Trading?
Fast Track Trading stands out from other prop trading firms due to several key benefits:
No Evaluations: Traders can access funded accounts immediately without the need for an evaluation or trial period.
No Commissions (until live): There are no trading commissions until you reach a live account, significantly lowering initial costs.
Minimal Trading Restrictions: Fast Track Trading allows strategies such as scalping, DCA (dollar-cost averaging), and copy-trading, making it one of the most flexible prop firms.
Up to 20 Accounts: Traders can manage up to 20 funded accounts simultaneously, with the option to use trade copiers.
End-of-Day Drawdown: The drawdown is calculated at the end of each trading day, allowing traders to use more aggressive strategies without being penalized mid-day.
How Fast Track Trading Works
Fast Track Trading simplifies the funding process by eliminating evaluations and monthly fees. Instead, traders pay a one-time fee to receive an instant funded account. Traders can withdraw profits once they achieve a 5% account gain, with a 20% consistency rule applied to ensure disciplined trading.
Account Types and Features:
| Account Size | One-Time Fee | Contracts | Profit Split | Max Loss Limit |
|---|---|---|---|---|
$25,000 "Rally" | $179 | 2 | 80/20 | $1,250 |
$50,000 "Daytona" | $449 | 5 | 80/20 | $2,500 |
$150,000 "Grand Prix" | $599 | 15 | 90/10 | $7,500 |
$300,000 "Formula 1" | $799 | 30 | 90/10 | $15,000 |
Each account comes with a 5% drawdown buffer and a consistency rule that limits any single day’s profit to no more than 20% of total profits. After 12 payouts, traders may request unlimited withdrawals or move to a live account.
Rules of the Fast Track Trading Program
Fast Track Trading has designed its rules to allow maximum flexibility while promoting disciplined, consistent trading:
No Daily Loss Limits: Traders are free to trade throughout the day without hitting restrictive daily loss limits.
End-of-Day Drawdown: The drawdown is calculated at the end of each day, based on closed profits, and will not trail intraday, allowing for more aggressive strategies.
News Trading Allowed: Traders are permitted to trade during high-impact news events, providing greater freedom.
Consistency Rule: To qualify for a payout, no single trading day’s profits can exceed 20% of the total account profits, ensuring disciplined growth.
5% Buffer for Payout Eligibility: Traders must grow their account by 5% to qualify for payouts.
Best Practices to Maximize Fast Track Trading Success
To make the most of Fast Track Trading’s flexible system, traders should follow these best practices:
Plan for Consistency: The 20% consistency rule requires traders to avoid highly volatile trading days where a single win could disqualify them from payouts.
Use the Drawdown Buffer Wisely: The 5% drawdown buffer offers a safety net for traders. Focus on steady gains and avoid risking large portions of your account in a single trade.
Manage Multiple Accounts: With the ability to trade up to 20 accounts, ensure that you have a clear strategy in place for managing multiple positions simultaneously, especially if using trade copiers.
Payout Structure and Profit Sharing
Fast Track Trading’s payout policy is designed to reward traders for consistent performance. The payout system operates in two phases:
Phase 1 (5-Day Payout): Traders can withdraw profits after trading for 5 days, as long as they follow the 20% consistency rule. Maximum withdrawals in Phase 1 are:
$1,500 for the Rally account
$2,000 for the Daytona account
$3,000 for the Grand Prix account
$4,000 for the LeMans account
Phase 2 (Bi-Weekly Payouts): After the initial 5 days, traders can request payouts every 10 trading days, with no minimum profit requirement. The maximum withdrawal amounts double after 8 payouts, allowing traders to withdraw up to $8,000 in the LeMans account.
Example: A $150,000 Grand Prix account reaches the required 5% growth of $7,500, enabling the trader to withdraw up to $3,000. Subsequent payouts can occur every 10 trading days.
Final Thoughts
Fast Track Trading offers a highly flexible and innovative model for prop trading, making it attractive to experienced traders looking for freedom in strategy and execution.
For traders who thrive in high-frequency, low-restriction environments, Fast Track Trading presents an unparalleled opportunity. Just be sure to approach with caution, as the firm is still in its early stages of growth. Always focus on managing risk and withdraw profits regularly to safeguard your earnings.
Current Deals: Use Code: "ftt_45" - 45% off Rally, Daytona, and GT Use Code: "ftt_cc" for 40% off Rally, Daytona and GT. Use Code: "ftt_lemans" - 15% off Le Mans ▶ Shop Now
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