3 Days to Your First Payout.
Then Every Day After That.

Payouts are processed daily. Crypto (USDT on Solana) and ACH bank transfers are processed every 24 hours. Wire transfers are processed weekly - when the funds arrive at your bank depends on your bank's processing time. We set conservative expectations and aim to exceed them.

None. You pay the evaluation fee once. No activation fee when you pass, no recurring charge once you're Simfunded, no hidden costs at any stage. The one-time evaluation purchase is all you pay.

Traders Launch uses End of Day (EOD) drawdown - not intraday trailing. Your drawdown level is calculated from your closing balance each session. It only moves up, never down. Once your account grows enough that the drawdown floor would reach your starting balance, it locks there permanently. Drawdown amounts: 100K: $1,000; 200K: $1,000 (NYC) or $2,000 (22-hour); 300K: $2,000 (NYC) or $3,000 (22-hour). We do not use intraday trailing drawdown, which we consider predatory.

The evaluation window is 60 days. If you haven't passed by day 60 but you're above 50% of your profit target, you automatically get a free 30-day extension at no extra cost. Simfunded accounts have no time limit once you're funded.

Three options: TradingView (browser-based, no download), Volumetrica (desktop and web), and Quantower (desktop). MES and MNQ come pre-loaded on all accounts. MGC (gold micro), MCL (crude oil micro), SIL (silver micro), and MYM (Dow micro) are available by request. All three platforms work for evaluation and Simfunded accounts.

Up to 5 evaluation accounts and up to 5 Simfunded accounts active at the same time. All funded traders move into a Simfunded account once they clear the buffer stage.

Hedging is not permitted. This includes hedging the same instrument across multiple accounts, such as being long NQ in one account and short NQ in another; hedging through correlated instruments, such as being long NQ and short ES; and coordinating with another trader or group of traders to create offsetting positions across separate accounts. This rule applies whether the accounts belong to the same trader or to different traders acting together.

Reasonable scaling and averaging are allowed. However, repeatedly adding size to losing positions, especially as a routine part of most trades, is considered excessive martingale-style trading and may result in an account review.

Scalping is allowed. For purposes of this rule, scalping means trades held for 5–30 seconds. HFT-style trading is not permitted. If more than 10% of your trades are opened and fully closed within two seconds, your account may be flagged by our HFT filter and paused for review.

Yes. Hedging and HFT-style trading are prohibited. Excessive martingale-style trading may result in an account review. Scalping and reasonable scaling and averaging are allowed within the rules described here and in the Terms.

Your Simfunded account must be above +1% profit from your starting balance to request a payout. You keep 55% or 80% of profits based on the plan you chose when you purchased. No consistency rules once you're Simfunded. No time restrictions on when you can request. At $100,000 in cumulative payouts you are paused and become eligible for scaling opportunities, including increased allocations and priority consideration for live-capital opportunities.