What are the Rules for Stage 2? TradeShield Funded SIM Account.
TradeShield Staff
Last Update 4 months ago
What are the Rules in Stage 2, the TradeShield Funded SIM Account?
Congratulations on passing and welcome to Stage 2!
You will now be contacted by our KYC/AML provider to complete the verification process, and one of our risk managers may arrange a Zoom meeting.
After KYC/AML verification and activation, you can begin trading in your TradeShield Live Funded SIM Account.
Here, you start earning profits, but note a few key points:
- *** If you fail in Stage 2, you Can Reset Your TradeShield Funded SIM Account as many times as you wish! ***
- Your drawdown resets in Stage 2 to $1,500 and is set to the same drawdown mode you had in Stage 1.
- The only way to fail in Stage 2 is by losing your drawdown balance, but if you choose, you can reset your TradeShield Funded SIM Account.
This is not another evaluation—your profits matter here.
Trading Rules to Enter Stage 3 (TradeShield Live Brokerage Account):
Once you reach the profit goal in your TradeShield Live SIM Funded Account, your profits will move into your TradeShield Live Brokerage Account (Stage 3).
The parameters and profit goals for Stage 2 are as follows:
- You have the same amount of contracts in Stage 2 as you did for your evaluation plan in Stage 1. For the $50K Plan - (5 Minis/50 Micros), $100K Plan (10 Minis, 100 Micros), or $150K Plan (15 Minis/150 Micros).
- $1,500 Drawdown (Drawdown mode is either Intraday, EOD, or Static - drawdown mode is based on the evaluation plan that you originally purchased.)
- $1,500 Profit Goal will be moved into your TradeShield Live Brokerage Account
Any earnings beyond the $1,500 profit goal will not be carried over to your Live Brokerage Account in Stage 3. The maximum amount of profits transferred to Stage 3 is $1,500.
After reaching the $1,500 profit goal, you will be moved into:
Stage 3: The TradeShield Live Brokerage Account - Click Here