How does the rapid growth process and promotion work?

Grow your account in four stages to become a Fund Manager of a $1 million account

 
  • Stage 1)
You have a $50k Pro Package account, so when you are up to $55,000 you may request to grow your account with the full 10%.
You will then advance to Stage 2 and receive another $50k, making your new balance $105k.
 
Bear in mind that at each new stage the 10% growth must be maintained in the account and not be withdrawn in order to withdraw or grow again.
 
Stage 2)
You have $105k in your account, so when you are up to $110k you can withdraw $5k, you get 50% and we get 50% ($2,500 each). If you make 10% ($10,000) you can grow again and your new balance becomes $115k+$100K=$215k.
 
After account growth, your drawdown limit remains 10% of the initial Pro package balance ($5,000) at each stage. Therefore, on the $100k account, if your floating balance drops below $95k your account will be closed for breaching drawdown by the Risk Team.
If you breach drawdown at any stage your account will be downgraded to the lower level and you would be required to pay for a new subscription and a refinance fee. If you are approaching drawdown please contact the Support Team to request a downgrade and avoid breaching drawdown.
 
Stage 3)
You now have a $215k account. $200k is for trading and $15k is the growth amount that serves as a deposit. So to withdraw, you now need 5% of $200k = $10k. To grow you need 10% of $200k=$20k. So to withdraw you need a balance of $215k+$10k=$225k, – you get 50% and we get 50% ($5,000 each). To grow you need a balance of $215k+$20k=$235k.
If your floating balance drops below $195k your account will be closed for breaching drawdown by the Risk Team.
 
If you can succeed in growing your account again you would have reached the Final Stage and will be given a $1million account to manage and will no longer have to pay a subscription fee, you will no longer have any trading restriction and you are not required to withdraw in 5% blocks.