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1. About UltraCap Trading
- What is UltraCap Trading?
UltraCap Trading is an Australia-based firm specializing in the recruitment, profiling, and management of top-tier retail trading talent. We serve as a comprehensive platform that simplifies the intricate landscape of trading and investment.
Here’s how we do it:
For Traders:
We offer a technology-driven platform where traders can showcase their skills in a real-world simulated environment. Those who meet our criteria are offered contracts to trade on live funded accounts. These accounts feed into our overall live funding pool, becoming part of a unique ecosystem managed at a macro level.For Funding Partners:
We provide a secure and transparent portal where our funding partners can access high-quality, anonymized trading data. This data is generated by our contracted traders and processed through our proprietary AI Risk Management Platform. This enables our partners to use their private equity to generate their own returns in a unique and secure manner.Streamlined Process:
We eliminate the complexities often associated with the trader-investor relationship. Our technology handles the heavy lifting, allowing traders to focus on trading and our private equity partners to concentrate on risk management and technology, rather than HR and compliance issues.By serving as this essential bridge, UltraCap Trading creates a mutually beneficial ecosystem for both aspiring traders and private equity ventures. We maintain the highest standards of transparency and ethical conduct throughout this process.
Distinct Approach:
Unlike traditional proprietary desks and online trading firms, UltraCap Trading focuses exclusively on the meticulous management and organization of trading talent. We execute pooled strategies into consumable, risk-managed outputs that our partnered institutional and high-net-worth parties can leverage. We offer a streamlined platform that fosters a synergistic relationship between traders and investors. Traders are provided with bona fide career contracts, governed by stringent financial regulations. Meanwhile, our private equity subscribing partners gain access to a platform designed to effortlessly harness the potential of retail trading talent. This approach eliminates the need for complex risk management, resource allocation, and the legal intricacies often associated with such ventures, thereby reducing operational costs and complexities.Australian Company Registration:
International Legal Entity Identifier Registration:
- Why is Transparency in Liquidity Providers (LP) Important for Trust and Trading Conditions?
Understanding the role of liquidity providers in the accounts you are trading is vital for several reasons, including trading conditions and trustworthiness. Well-regulated brokers often have multiple liquidity providers, offering excellent trading conditions like tighter spreads and faster execution.
The Need for Transparency:
Transparency is crucial in the trading world. When a firm can aggregate liquidity themselves, they are essentially operating in a manner that should be financially regulated. This capability raises the potential for conflicts of interest and questions about the firm’s transparency and trustworthiness. It gives them the power to potentially modify or manipulate trading conditions, such as spreads, slippage, and fill efficiency.UltraCap Trading’s Commitment to Transparency:
At UltraCap Trading, we address these concerns by partnering exclusively with financially regulated global retail brokers. This partnership ensures key benefits for our traders:- No Conflict of Interest: We cannot manipulate or modify your trading conditions, ensuring that UltraCap is always aligned with the trader’s performance.
- Regulated Trading Conditions: Trading under conditions regulated and monitored by financial authorities adds an extra layer of security and trust.
- Third-Party Counter-Party: An external third-party counter-party is always involved in the trades we make through our master trading portfolio, ensuring that the funding is live, real, and regulated.
UltraCap Trading’s Approach:
We only operate our recruitment and live services with authentic globally known and trusted brokers. This ensures that the best real trading conditions are delivered to not only all their retail clients but also including our traders. This eliminates the potential for conflict of interest, as we do not have the ability to manipulate or modify the conditions of your trades. We do not have access to the price feeds, the slippage, or the spreads.By taking these steps, we aim to provide a transparent, trustworthy, and sustainable trading environment. We believe that transparency is the cornerstone of a long-term, successful trading career for our traders and a fruitful partnership with our funding partners. Our commitment to transparency, trust, and excellent trading conditions is unwavering, and that’s why we stand by our commitment to use only known and trusted, regulated global retail brokers.
- Is UltraCap regulated?
While UltraCap Trading doesn’t operate under a financial services license—since we’re a trading recruitment service and not a provider of financial, investment, or banking products—we adhere rigorously to regulatory standards. We operate in strict compliance with the Australian Securities and Investments Commission (ASIC) and under Australian Consumer Law.
Our Live Portfolio Managers (LPMs):
Our LPMs are contracted professionals who manage live-funded accounts on our behalf. They are not consumers who are buying and selling assets or investments. These allocations are administered through bridge and hub technology that complies with ISO27001, an internationally recognized standard for information security management systems.Our Technology Partnerships:
We exclusively collaborate with regulated brokers, liquidity and margin providers. This ensures that our accounts are segregated and regulated in both Australia and the United States, providing an extra layer of security and transparency for our traders and funding partners.Indirect Regulation:
By aligning ourselves with regulated entities and adhering to international security standards, we offer a form of indirect regulation. This ensures that our services to funding partners are both safe and secure, while also providing transparent and stable liquidity to our contracted LPMs.Our Compliance Credentials:
- ISO27001 Certification for Information Security via our margin account: Ensures that we adhere to international standards for information security management.
- Australian Consumer Law (ACL): Provides consumer guarantees and protections, ensuring that we operate in a manner that is fair to consumers.
- Consumer Protection and Fair-Trading Laws: Governed by the Australian Competition and Consumer Commission, these laws ensure that we operate transparently and fairly.
- LEI Certification: The Legal Entity Identifier (LEI) is a global identifier that provides transparency in financial transactions, ensuring that we are easily identifiable in the global marketplace.
- Australian Company Director Obligations: We adhere to the responsibilities and obligations outlined in the Corporations Act 2001, ensuring ethical and lawful management of the company.
- ASIC Registration/Compliance: While we are not a financial service provider and therefore do not hold an Australian Financial Services License (AFSL), we are still governed by the Australian Securities and Investments Commission (ASIC). This ensures that we operate in compliance with corporate laws, adhere to ethical business practices, and maintain transparency in our operations.
By maintaining these compliance credentials, we aim to provide a secure, transparent, and trustworthy environment for all our traders and funding partners.
- What is the history and experience of UltraCap Trading in the industry?
UltraCap Trading has been a transformative force in the trading industry since its inception. Founded and operated by traders who deeply understand the nuances of the market, we’ve been bridging the gaps between talent, credibility, and executional technology solutions for investors. Our team has specialized expertise in the FX and CFDs industry dating back to 2019. During this time, we laid the groundwork for a service that is fundamentally different—centered on creating win-win relationships between traders and investors.
In 2021, we formalized our innovative business model and introduced it to our original stakeholders. We also soft-launched within 12 private online trading communities, where we began to shape the futures of everyday retail traders aspiring to become full-time career traders. This initial success allowed us to refine our approach and services, setting us apart in an industry often focused more on trader failure than success.
Today, we stand as a beacon of excellence and innovation. While we may appear to align with the burgeoning online prop firm industry, our focus is distinctly different. We are committed to the long-term success of our traders, offering them a platform that not only provides seed capital but also fosters sustainable growth and development. Our unique approach to trader recruitment and management has made us a preferred choice for both individual traders and institutional investors, solidifying our reputation as a leader in the field.
2. Getting Started
- What is the process of setting up my account with UltraCap Trading?
Setting up your account with UltraCap Trading is a straightforward, three-step process designed to get you trading as quickly as possible while ensuring you’re the right fit for our unique ecosystem.
Choose Your Trading Plan:
First, explore the various trading plans we offer. Each plan is designed to align with different trading strategies and career goals. Choose the one that best suits your needs.Sign Up and Pay:
Once you’ve selected your trading plan, you’ll be prompted to provide a few details and pay your Commitment Fee. This fee serves to provide you with a Trading Plan and Opportunity to showcase your talent on a simulated real world environment (spreads and commissions and fills matter) in your trading career with UltraCap and also covers the operational costs of running the accreditation program.Showcase Your Edge:
After your account is set up, you’ll start trading in a real-world simulated environment to showcase your skills and consistent edge. If you meet our modest requirements, your trading performance will be presented to our panel of funding partner managers and risk managers. We’ll then offer you general and tailored letter of offer which will include your onboarding options to provide your trading talent and services as a contracted employee of UltraCap! Unlike other companies in this space, UltraCap tailors funding options for our contractors. Although the amount of live funding you start with is always the same amount as the trading plan you accredit on, the options, addons and structures available give our traders the flexibility to choose a working model that can help them grow faster!By following these steps, you’re not just opening an account; you’re starting a potentially long-term, rewarding trading career.
- Can traders from any country join UltraCap Trading?
UltraCap Trading is an inclusive platform that aims to accommodate traders from around the globe. However, there are some limitations due to legal and regulatory constraints. Specifically, traders must belong to a country that is not under sanctions and is permitted to trade/transact with Australia.
Countries involved in geopolitical instability are generally restricted to Australia, such as Russia, Iran, North Korea.
If you meet these criteria, you’re more than welcome to join our trading community and take the first steps toward a rewarding trading career with UltraCap Trading. We’re excited to offer a global platform where traders from diverse backgrounds can showcase their skills and realize the opportunity to become a professional trader.
- How do I start with UltraCap Trading?
Starting with UltraCap Trading is not just easy, it’s also incredibly exciting! The process is streamlined into three straightforward steps to get you trading as quickly as possible. First, choose the best aligned trading plan for your lifestyle, experience and career goals. Select the plan and add any tailored mods or upgrades. Take your time to choose the one that aligns perfectly with your trading strategy and career aspirations.
Next, complete your commitment fee to secure your spot in the program. This is your ticket to showcasing your trading talent to us and our network of investors. Once the fee is processed, you’re all set to begin trading!
Finally, after you’ve met our modest trading requirements, your trading performance is presented to our esteemed panel of investors and our funding partner board. We then come back to you with both general and tailored starting capital options, giving you the flexibility to kickstart your trading career in a way that suits you best and that is tailored to give you maximum chances of success.
- What are the requirements to join UltraCap Trading?
To join UltraCap Trading, we have a set of basic yet important requirements to ensure a smooth and successful trading journey for you. First and foremost, you must be at least 18 years old and possess a valid ID for verification. A stable internet connection and a computer that can run standard broker software is advantageous, but using mobile and tablet apps is also permitted with caution.
While we welcome traders from all experience levels, it’s highly beneficial if you have some experience in demo trading or have traded with a broker before. This will not only help you navigate our platform more easily but also give you a head start in showcasing your trading skills.
Lastly, it’s crucial that you reside in a country that is not under any sanctions and is permitted to trade or transact with Australia. This ensures that we can offer you our full range of services without any legal complications.
Above all, we’re looking for individuals who have a genuine passion for trading and are committed to continuous learning and growth and a commitment to excellence.
- What is required to become a funding partner of UltraCap Trading?
Partnering as a Subscriber to our Risk Management Technologies is currently by invite only. The current version of our platform is in a closed stage 1 beta with a limited select number of first level members forming our funding partner board.
We will announce when stage 2 beta commences for additional partners to join. Stage 3 and 4 intakes will be dependent on feedback before an open beta is released to the public.
- How long does it take to become a trader with UltraCap Trading?
In our few years of operation, the average time it takes a trader to achieve funding is 4 months. Some have become funded in as little as 3-4 weeks; others have taken 4 attempts and 1-1.5 years. The average time it takes a trader to find consistency after passing is close to 6.5 months and the average number of attempts a trader makes before passing an accreditation trading plan is currently 2.8.
3. Accreditation Program
- How Does UltraCap's Accreditation Program Stand Out?
Our program is distinct in its focus on not just profits, but also the consistency and edge of your trading strategy. We use a technology-driven approach to match your trading style with specific risk profiles and liquidity pools, ensuring a mutually beneficial relationship for both our traders and funding partners.
- What is the Accreditation Program and How Does It Work?
The Accreditation Program is your pathway to becoming a professional trader with UltraCap Trading. It’s the process designed to evaluate your trading skills, risk management, and the consistency of your trading strategy. The program starts with choosing a trading plan, followed by a trading phase where you showcase your skills and edge, and concludes with a Quick Strategy Check. Successful completion leads to the onboarding phase, where you become a part of our unique trading ecosystem.
- What Does the Quick Strategy Check Entail?
The Quick Strategy Check is a quick check to ensure you’ve followed all guidelines and rules when trading to achieve the profit target.
Unlike during the trading phase where your trading behaviour is monitored (like risk amounts and using stop loss etc, trading days etc), the Quick Strategy Check is a quick check over the results you submit after you finish trading. We look at the strategy type and how it was executed and it is profiled for matching, so that we can present it for funding approval, and present you with live funding offers.
Think of it as the final due dilligence check to make sure all requirements are met and we are a good fit for eachother.
- How Does UltraCap Define Consistency in Trading?
In the prop trading industry, the term “consistency” can be interpreted in various ways, often leading to misunderstandings. Many other firms have “consistency” checks which do not follow a method and have been used to “fail” traders for no understood reason or if their equity curve was not smooth enough. You can be assured, we do not do this here.
At UltraCap Trading, we define consistency from the start with a specific definition that aligns with our goals and the expectations of our risk management teams and overall, expectations from our funding partners.
We define consistency as “Logical, Reliable Trading Behaviour observed in the results submitted when achieving the profit target.”
- Clear Pattern of Risk, Execution, and Trade Management: Consistency doesn’t mean you need a perfect equity curve. What it does mean is that your trading should display a clear and logical pattern in how you manage risk, execute trades, and manage those trades to fruition.
- Purpose and Plan: Your trading should reflect a well-thought-out strategy. Random trades, even if profitable, are not considered consistent because they don’t provide a reliable pattern that can be scaled or trusted over the long term.
- What Happens After Completing the Accreditation Program?
After successfully completing the Accreditation Program, you’ll enter the onboarding phase. This includes identity verification through KYC procedures and contract signing. You’ll then be offered a funded trading account, becoming a part of UltraCap Trading’s unique ecosystem.
4. Trading Tools and Platforms
- How Do We Ensure Platform Security and Stability?
Security and stability are paramount at UltraCap Trading. Our brokers are carefully vetted to ensure they adhere to the highest standards of cybersecurity. Additionally, our platforms undergo regular maintenance and updates to ensure optimal performance and security. This ensures that you can focus on trading without worrying about the technical aspects of platform stability.
By offering a range of trading platforms and tools, while also ensuring their security and stability, we aim to provide an environment where traders can focus solely on their trading strategies, confident in the robustness of the technology supporting them.
- Do You Offer Any Proprietary Trading Tools or Indicators?
At UltraCap Trading, our primary focus is on offering a robust and flexible platform that empowers traders to showcase their skills using their preferred tools and strategies. While we currently do not provide proprietary trading tools or indicators, our platform is designed to be highly compatible with a wide range of third-party tools, giving you the freedom to customize your trading experience.
In addition to this, we understand the importance of cutting-edge technology in modern trading. That’s why we also engage in exclusive partnerships with other leading trading technology companies. Through these partnerships, we bring a curated selection of advanced trading tools and resources directly to our trader clients and employees via our client portal. This approach allows us to offer you the best of both worlds: the freedom to use your preferred tools and the opportunity to explore new, innovative solutions that can enhance your trading performance.
- Is There a Demo Account to Practice On?
While UltraCap Trading itself does not offer demo accounts, we highly recommend utilizing the demo services provided by brokers that we use if you wish to try platforms out before embarking on one of our accreditations.
You can download the platforms and try them here:
https://trade.eightcap.com/en/challenge/
- What Trading Platforms Are Available?
At UltraCap Trading, we aim to provide a seamless and efficient trading experience. To achieve this, we ONLY provide regulated broker and liquidity provider options. This is still the only way that a proprietary trading company can ensure they do not have a conflict of interest with the trader and does not have access to manipulate the trading conditions against traders. Using award-winning and regulated publicly available brokers also ensures that multiple institutional-level liquidity providers are used, and the liquidity pool is larger than just the individual firm but expands to all the broker's clients and feeds. Always trade on regulated third-party broker platforms when attempting any proprietary trading challenges or programs to ensure your career is safe.
For more information on the specific platforms we are currently providing accreditation programs on, along with the markets, types of devices that are supported, disclosures, and credibility please visit the links below:
- Can I Use Third-Party Tools and Software?
Absolutely! We recognize that traders often have their own preferred set of tools, indicators, and Expert Advisors (EAs) that they find effective. You’re welcome to integrate these third-party tools into your trading strategy. However, we strongly recommend ensuring that any third-party tools you use are in compliance with our trading rules and guidelines to maintain the integrity of your trading activities.
- Is Mobile Trading an Option?
Yes, mobile trading is available through our broker-provided platforms, which are compatible with both Android and iOS. While mobile trading offers the convenience of executing trades wherever you are, we advise extra caution. Manual trading on mobile platforms can be prone to errors, so it’s crucial to double-check your inputs and settings.
- What Are the Technical Requirements?
To ensure a smooth trading experience, it’s essential to have a stable internet connection and a computer that meets the minimum system requirements for running the most common platform software plus any additional software you require to execute your strategy. Detailed technical specifications can be found in our client portal and our team is available to assist make your accreditation as smooth and successful as possible!
5. Fees and Payments
- What are the fees associated with UltraCap Trading?
At UltraCap Trading, we charge a one-time commitment fee for the Accreditation Program. This fee covers the operational costs and ensures that we can provide a high-quality trading environment. Additionally, live traders are subject to standard trading costs such as spreads and commissions, but these are not passed on to you and are absorbed by our macro pool and funding partner services.
- How do I pay for the Accreditation Program at UltraCap Trading?
At UltraCap Trading, we offer multiple payment methods to make the payment process as convenient as possible for you. All payments are processed securely through our encrypted payment gateway, ensuring the utmost security and confidentiality of your financial information. Here are the options:
- Stripe: This is a widely-used payment processing solution that allows you to make payments using various credit and debit cards. Stripe is known for its robust security measures, ensuring that your financial information is well-protected.
- PayPal: A popular online payment system that allows you to pay for services without sharing your financial information with the merchant. You can link your bank account, debit card, or credit card to your PayPal account. It’s a quick and secure way to make payments online.
- Bank Transfer (in USD): If you prefer traditional methods, you can also pay via bank transfer. Please note that this method may take a few business days to process and may incur additional fees from your bank. Make sure to transfer the exact amount in USD to avoid any discrepancies.
- Crypto Transfer (In USDC or BTC only): For those who are comfortable with cryptocurrencies, we accept payments in USDC (USD Coin) and BTC (Bitcoin). This method offers the advantage of lower transaction fees and quicker processing times. However, please be aware of the volatile nature of cryptocurrencies when using this option.
By offering these diverse payment options, we aim to cater to the varied preferences of our clients, making the payment process as seamless as possible.
- How Do I Get Paid for Trading with UltraCap? What is the Payout Process?
At UltraCap Trading, our Live Portfolio Managers (LPMs) are compensated through a bi-monthly Payout Process. Once you’ve met the performance criteria outlined in your contract, you can submit an invoice for services rendered. This triggers our internal process, where we assess the surplus profits and prepare for their redistribution within our larger operational framework and funding partner technology products. Our finance team then processes the Payout Request via payment to the LPM nominated account/method.
It’s worth noting that payouts are not a direct cut of the live account profits generated by an LPM. Instead, they are part of a broader trader technology ecosystem provided by UltraCap to our funding partners. We work closely with our Funding Partners, who through subscription and contracts, subsidize the technology services we offer. This enables us to compensate you for your trading services based on an agreed-upon rate, which aligns with your profit-sharing agreement. The overall returns generated by our Funding Partners are private and separate to the wider portfolio and macro pool, or our systems and may be more than the realized profits within the live funded account.
What Payout Methods does UltraCap Trading provide?
At UltraCap Trading, we understand that flexibility is key when it comes to receiving your payout fees. That's why we offer a diverse range of payout methods to suit your individual needs and preferences. Our payout options include:
- Wise: Using your Wise registered email address, we can quickly and easily process smaller payouts up to $10,000usd using Wise for the lowest fees available.
- Bank Wire Transfer: A secure and straightforward way to receive your invoiced payout fees directly into your bank account in a range of countries.
- PayPal: For those who prefer a digital wallet, we offer payout fees via PayPal for quick transfer and processing.
- Cryptocurrency: For the tech-savvy traders among us, we provide the option to receive your payout fee in Bitcoin or USDC.
- Do I need to pay taxes on my income from UltraCap Trading?
Yes, any income you earn from trading with UltraCap is subject to taxation based on your country of residence. We recommend consulting with a tax advisor to understand your tax obligations better.
6. Support and Resources
- How Can I Contact UltraCap Trading for Support?
You can reach out to us through various channels for support, including email, live chat, and within our client portal. Our support team is available during business hours to assist you with any queries or issues you may have.
- What Exclusive Benefits and Services Does UltraCap Trading Offer?
While we don’t offer training or educational resources, we do provide exclusive benefits and services to our traders. These include software discounts, trade copying software, and other resources that will soon be available through our client portal.
- What Is UltraCap Trading's Support Structure?
We have a multi-tiered support structure to cater to different needs:
- Customer Support Team: Handles public inquiries and general questions.
- Partner and Affiliate Team: Manages partnerships, affiliates, and general PR/associate inquiries. We are open to bespoke arrangements and love to work with communities to offer as much opportunity to good traders as possible.
- Dedicated Accreditation and LPM Support: Provides specialized support for those in our Accreditation Program and Live Portfolio Managers (LPMs). This team has direct access to dedicated resources and technical teams for the platforms provided.
- Risk Management Team: Handles onboarding, communicates with accreditation traders on account management, and liaises directly with the technology and accounts departments for funding partner analysis. They also work closely with LPMs to ensure consistency and viability in trading strategies.
- Are There Opportunities for Sales Traders at UltraCap Trading?
Yes, we are actively seeking sales traders to help expand our footprint and work more closely with retail traders. Sales traders function like account managers for a community or a recruited group of traders. They are not only compensated for their mentoring and management but are also provided with accreditation access and macro pool access to develop their own trading strategy edge.
- What Is the Response Time for Support Queries at UltraCap Trading?
Our support team aims to respond to all queries within 24 hours during Australian business hours. While our teams work varied hours in this post-COVID era of remote working, you can expect responses to customer queries to align with Australian Business Hours Timeframes. For more urgent matters, we recommend using our live chat feature for escalated assistance or reaching out within a community we are working within for more tailored support.
7. Live Trading and Career Options
- What Payout Methods does UltraCap provide?
At UltraCap Trading, we understand that flexibility is key when it comes to receiving your Payout Fees. That's why we offer a diverse range of payout methods to suit your individual needs and preferences. Our payout options include:
- Wise: Using your Wise registered email address, we can quickly and easily process smaller payouts up to $10,000usd using Wise for the lowest fees available.
- Bank Wire Transfer: A secure and straightforward way to receive your invoiced payout fees directly into your bank account in a range of countries.
- PayPal: For those who prefer a digital wallet, we offer payout fees via PayPal for quick transfer and processing.
- Cryptocurrency: For the tech-savvy traders among us, we provide the option to receive your payout fee in Bitcoin or USDC.
- What Is the Profit Share for Live Trading at UltraCap Trading?
The profit share for live trading is stipulated in your LPM contract and is based on a fee-for-service model. This means you’ll be compensated for the trading services you provide to UltraCap, in alignment with the profit share agreement outlined in your contract. Depending on choice, you will be eligible to invoice us an amount that is up to 90% the profits generated on the live funded account.
- What Capital Will I Be Trading With at UltraCap Trading?
The capital you’ll be trading with depends on the specific Accreditation Plan you’ve chosen and successfully completed. The amount of capital allocated to you is outlined in your LPM contract and is designed to align with your demonstrated skills, risk management capabilities, and trading strategy.
- Can I Have Multiple Live Trading Accounts at UltraCap Trading?
Yes, you can have up to 3 accounts of each Plan Type, but this is subject to certain conditions and approvals, and you cannot trade copy between them. They must be distinctly different trading approaches. Stacking accounts, trade copying between accounts is not permitted. Having multiple accounts allows you to diversify your trading strategies and risk, but it also requires you to manage multiple accounts effectively.
That said, there is an account Addon that you can apply to an accreditation account which will allow that specific account to be trade copied from an already existing live funded account that you trade with us. This merge addon is designed to allow our LPM’s to scale their accounts by purchasing additional accreditation accounts that they can mirror with their LPM account, and once the account meets the pass requirements, the balance will be merged into the main LPM account.
- What Happens After I Pass the Accreditation Program at UltraCap Trading?
Once you successfully pass the Accreditation Program, you enter the onboarding phase. This involves receiving a formal letter of offer, undergoing the Know Your Customer (KYC) process, and signing your Live Portfolio Manager (LPM) contract. After these steps are completed, you’ll be onboarded into our unique trading ecosystem with a live funded account.
- What Career Growth and Progression Options Does UltraCap Trading Offer?
UltraCap Trading is committed to the career growth of its traders. As you gain experience and demonstrate consistent trading results, there are opportunities for live funding allocations and profit share fee percentages will increase. We also offer roles such as Sales Traders, who function like account managers for communities or groups of traders. These roles not only provide additional income streams but also offer a pathway for further career development within the company.
Program Rules
UltraSmart Rules
All (50+) FX Pairs as available:
UltraSmart Accreditation is undertaken on our Broker Partners’ Regulated Platform Simulation Account
Accounts are not instant execution like most broker demos. They are simulating live trading conditions, so fills, commissions, spreads, slippage and all other trading conditions are factored into the platform to ensure that we get as close to real world trading conditions to observe traders performance.
It is important to note that symbols are subject to change by the Liquidity Provider without notice, and may also vary between platforms.
FX Majors, Minors, Exotics.
AUDCAD.i | CNHJPY.i | EURPLN.i | GBPUSD.i | USDCAD.i | USDSEK.i |
AUDCHF.i | EURAUD.i | EURSGD.i | MXNJPY.i | USDCHF.i | USDSGD.i |
AUDCNH.i | EURCAD.i | EURTRY.i | NOKJPY.i | USDCNH.i | USDTHB.i |
AUDJPY.i | EURCHF.i | EURUSD.i | NZDCAD.i | USDDKK.i | USDTRY.i |
AUDNZD.i | EURGBP.i | GBPAUD.i | NZDCHF.i | USDHKD.i | USDZAR.i |
AUDSGD.i | EURHKD.i | GBPCAD.i | NZDJPY.i | USDHUF.i | ZARJPY.i |
AUDUSD.i | EURHUF.i | GBPCHF.i | NZDSGD.i | USDJPY.i | |
CADCHF.i | EURJPY.i | GBPJPY.i | NZDUSD.i | USDMXN.i | |
CADJPY.i | EURNOK.i | GBPNZD.i | SGDJPY.i | USDNOK.i | |
CHFJPY.i | EURNZD.i | GBPSGD.i | USDBRL.i | USDPLN.i |
Live Tier | 50k | 100k | 200k | Profit Share | Leverage |
---|---|---|---|---|---|
Ultra Live 1 | 50,000 | 50% | 1:10 | ||
Ultra Live 2 | 100,000 | 100,000 | 50% | 1:10 | |
Ultra Live 3 | 200,000 | 200,000 | 200,000 | 50% | 1:10 |
Ultra Live 4 | 500,000 | 500,000 | 500,000 | 60% | 1:10 |
Ultra Live 5 | 1,000,000 | 1,000,000 | 1,000,000 | 70% | 1:20 |
Ultra Live 6 * | $2,500,000 | 2,500,000 | 80% | 1:30 | |
Ultra Live 7 * | 5,000,000 | 90% | 1:50 |
* Smart/Flex 100k/200k Plan Only
A Live Portfolio Manager can upgrade their Live Account balance by growing the Starting Account Balance of Each Tier by 10%
At UltraCap Trading, we offer the flexibility to trade multiple trading plans simultaneously, providing you with the opportunity to diversify your portfolio across various leverage points, capital amounts, and markets.
Multiple Accounts: Traders can operate up to three accreditation accounts at the same time, each showcasing a unique Single Defined Trading Approach. This allows a trader to diversify their overall portfolio with different types of strategies, whilst being able to safely stack leverage, capital and risk to boost earning potential.
No Un-Authorized Trade Copying: Copying Trades, whether partially or fully, from another account within the UltraCap without permission is considered a serious violation of our Terms and Conditions. The purpose of multi account is to diversify, not stack capital.
Live Portfolio Managers can use our “Merge Addon” with an UltraSmart account to make it eligble to trade copy from your live account and merge the balances once you pass. See Merge Addon in the “Applicable Addons” Section.
Single Defined Trading Approach: The main contributors to a strategy’s footprint are lot sizing, timing, symbol choice, and trade management. Similar trades between accounts can impact the outcome of your funding eligibility and may even lead to disqualification without refund.
At UltraCap, we understand that every trader is unique, and so should be their trading experience. That’s why we offer Addons —customizable features designed to enhance your trading edge while also providing transparent risk factors for our funding partners. Most Addon’s are purchased through the Client Portal Add-on Store after you sign up.
Here’s how you can tailor your UltraSmart Plan to better suit your trading style:
No Time Limit
Although 6 months is more than a enough time for most traders, it’s the pressure of a ticking clock can often skew trading decisions. Our No Time Limit Addon removes the standard 6-month time limit on the UltraSmart Plan, allowing you the freedom to trade at your own pace and not panic. In exchange, you’ll forfeit 2% Risk Per Symbol in exchange for a 3% Daily Equity Drawdown Limit. The addon must be purchased during the first 14 days of your Trading Plan.
This addon is ideal for:
- Traders who want to eliminate the psychological pressure of a time limit.
- Swing traders or strategies that trade less frequently but with higher success rates.
- Low-risk trading strategies that operate on larger accounts.
- Strategies averaging less than one trade per week over a 6-month period.
Extensions
6 months (180 days) is a very long time for most traders to consistently complete the very achievable trading target of +6% and more experienced traders may not require the No Time Limit Addon. However, sometimes it doesn’t work out. The market changes, you take a larger loss, your computer reboots! The last thing you want to do is panic. Be confident that if you find yourself in this situation, you can purchase a 3 Month Extension at ANY time.
+5% Drawdown Extension
Sometimes, a little more room for risk can make all the difference. This addon increases your maximum allowable drawdown by 5%, giving you more leeway to execute your trading strategy.
Add Additional Trading Plan
Expand your trading horizons by adding another UltraSmart Plan to your existing account. This addon allows you to diversify your trading strategies, increasing your chances of consistent profitability.
Trading Plan Reset
If for any reason you find yourself in a positon where the probability of passing is less than optimal, you can forfeit your trading plan account and start over with a fresh new plan. Trading Plan Resets are available to all UltraSmart traders via their Client Portal Dashboard. You will be able to re-select a new plan and re-start at a discounted rate.
Merge Accounts
As a reward for passing our Trading Plans, our Live Portfolio Managers can purchase the “Merge” Addon with any additional Accreditation Plan. Only available before starting, the Merge Addon allows the LPM to commence a new accreditation plan of the same Trading Plan Type as their LPM Account and copy their LPM trades. The progress from the accreditation plan is then counted as qualification for scaling the LPM account and upon passing the accreditation, the balance of the accreditation plan will be merged with the LPM account, giving the trader a boost to their live capital allocation! Merge is limited to one accreditation account at a time.
Increase Profit Share
Upon passing the UltraSmart Trading Plan, you will be able to purchase additional profit share addons to boost the amount you can earn from your first day of Live Trading. The profit share addons can be purchased in +10% increments up to a maximum of 90% and can only be applied before you commence trading on the account.
By offering these Addons, we aim to empower you to trade in a way that aligns with your unique strategy, all while maintaining a risk profile that’s transparent and acceptable to our funding partners. Choose the addons that best suit your trading style and optimize your path to funding.
6% Growth is the minimum required to be eligible to be checked and moved to trading as a Live Portfolio Manager.
(Starting Account Balance) + (Starting Account Balance * 6%)
Drawdown is a part of trading and every good trader not only needs to display how they win, but show they know how to handle periods of loss and equity drawdown. UltraSmart has very generous conditions and no relative/trailing drawdowns or daily stop out limits, but the hard stop out limit is -8%.
- Your account equity must not reach an amount that is equal to 8% less than your starting account balance
- Example: If your account balance is $100,000, your account will be disabled once equity reaches $92,000: $100,000 – (8% * $100,000) = $92,000
- If your open equity falls equal to or below -8% of your starting account balance, you will need to reset and start again with a new trading plan via your Client Portal Dashboard at a generously discounted price.
- We do not use unrealisic rules like “Relative Drawdown” or “Trailing Stop Out” as we believe these are designed to fail traders.
To ensure responsible trading and minimize risk, it’s essential to have an active Stop Loss on all orders.
Although we will warn traders where possible, repetitive incidents for ANY reason, where a Stop Loss is missing and not rectified as soon as possible will constitute a breach of our Terms and Conditions and Risk Guidelines.
We recommend using Execution Software to ensure Stop Losses are used with all orders (including limit orders)
(Total Amount of Loss if all Stop Losses are triggered on a Symbol) < (Account Balance * 2%)
Each symbol you have open positions on must always have less than 2% of your current account balance, at risk of loss. This 2% amount is calculated and recalculated on all orders and order modifications.
At UltraCap Trading, we aim to create a trading environment that is both transparent and conducive to long-term success. We welcome a variety of trading strategies but have set certain guidelines to ensure fair play and responsible trading. These guidelines are designed to protect both our traders and funding partners and outline what we are looking for in a long term trading partner.
Trading Strategies and Approaches
• Single Defined Trading Approach: We encourage traders to use a single, defined trading approach for each account. If you wish to employ multiple trading strategies, please use separate accounts. This ensures that your trading results are distinguishable and consistent which makes it easier to qualify for multiple funding options and pools of capital.
• Expert Advisors (EAs): EAs are permitted but must adhere to our responsible trading guidelines. For instance, EAs employing high-risk strategies like Martingale are not allowed.
Market Conditions
• News Events, Rollover, and Holding Trades: Trades can be held overnight, over the weekend, and during news events, unless otherwise specified.
Traders are reminded that UltraSmart uses Live Simulated Accreditation Accounts. This means that fills, spreads, rollover spikes, slippage and liquidity trading data is mirrored from live servers to simulate as close to real world trading conditions. Should you choose to hold open positions during high volatility periods or through low liquidity during rollovers on various markets, please factor this in to your risk management and trading practices.
Risk Management Requirements.
• Limited Trade Stacking: You may have up to 3 open trades per symbol, provided they are opened simultaneously and at the same price level.
• No Scaling-In to Positions: Strategies that involve scaling into a position or excessively stacking trades are not permitted – (This includes Grid, Martingale & Hedge Strategies)
• Dummy Trading: Placing insignificant trades just to meet the required number of trading days is not allowed.
• No Trade Copying Between Accreditation Accounts: Trades should not overlap between accreditation accounts to maintain the integrity of each unique strategy.
• No High Frequency Trading or Arbitrage: Strategies that rely on High Frequency Algorithms or Arbitrage to front run the market, are not allowed.
Note: Our Risk, or Funding Team and Trading Partners reserve the right not to fund any strategy that they deem to have inconclusive results, lack consistent performance, or pose unreasonable risk. It is your responsibility to adhere to the above guidelines. There will be no refunds or retries for willful or reckless breaches of the above requirements.
Maximum Time to achieve Profit Target: 180 days (6 Months)
- We give traders up to 180 days (6 months) to pass the accreditation program requirements, and then submit their trading results for a Quick Strategy Check and Funding Outcome.
- UltraSmartTraders who are worried about pressure or not meeting the requirements within a 6 month timeframe can purchase the No Time Limit Addon or use an Extension Addon to trade for longer than 180 days.
Minimum Trading Days:
UltraSmart requires that a trader submit for live funding once they have at least traded for 30 active trading days. If you hit your profit target before executing at least 30 days worth of trades, it is not a bad thing. You will just be required to continue trading until you have at least 30 trading days worth of trading history for us to check.
- An active trading day is defined as: “Any day where a new trading position is opened counts as a single active trading day.”
- Positions that roll over multiple days only count as a single active trading day.
- Trading days are counted once a position has been closed on a particular day, not when they are opened.
- If you hit your profit target before fulfilling the minimum trading days, you will be required to continue trading to complete the 30 trading days whilst finishing above the profit target.
Anyone can make 6% Profit with a good trading strategy. It is keeping the 6% and consistently growing beyond 6, 10 or even 30% over a longer period of time that is harder to achieve. Our mandate is to recruit quality traders that display consistent long term risk management and execution skills, with a high likelihood of remaining funded after we allocate capital to them. To achieve this, we require a minimum size of trading history to be able to verify a trader’s probability to remain funded for the long term. Although we appreciate this may not be a popular rule, any consistent, successful trader is not afraid of losing any profits if they trade for a slightly longer period of time before gaining long term funding.
Starting leverage is set to 1:10 during Accreditation and can be scaled up to 1:50 once funded.
Program Rules
UltraFlex Rules
All available FX, Metals, Energies, Indices, (Crypto Majors, Minor Pairs via addon)
UltraFlex Accreditation is undertaken on our Broker Partners’ Regulated Platform Simulation Account
Accounts are not instant execution like most broker demos. They are intentionally simulating live trading conditions, so fills, commissions, spreads, slippage and all other trading conditions are factored into the platform to ensure that we get as close to real world trading conditions to observe traders performance.
It is important to note that symbols are subject to change by the Liquidity Provider without notice, and may also vary between platforms.
FX Majors, Minors, Exotics | |||||
AUDCAD.i | CNHJPY.i | EURPLN.i | GBPUSD.i | USDCAD.i | USDSEK.i |
AUDCHF.i | EURAUD.i | EURSGD.i | MXNJPY.i | USDCHF.i | USDSGD.i |
AUDCNH.i | EURCAD.i | EURTRY.i | NOKJPY.i | USDCNH.i | USDTHB.i |
AUDJPY.i | EURCHF.i | EURUSD.i | NZDCAD.i | USDDKK.i | USDTRY.i |
AUDNZD.i | EURGBP.i | GBPAUD.i | NZDCHF.i | USDHKD.i | USDZAR.i |
AUDSGD.i | EURHKD.i | GBPCAD.i | NZDJPY.i | USDHUF.i | ZARJPY.i |
AUDUSD.i | EURHUF.i | GBPCHF.i | NZDSGD.i | USDJPY.i | |
CADCHF.i | EURJPY.i | GBPJPY.i | NZDUSD.i | USDMXN.i | |
CADJPY.i | EURNOK.i | GBPNZD.i | SGDJPY.i | USDNOK.i | |
CHFJPY.i | EURNZD.i | GBPSGD.i | USDBRL.i | USDPLN.i | |
Metals, Energies | |||||
UKOUSD | XAGEUR | XAUAUD | XNIUSD | ||
USOUSD | XAGJPY | XAUEUR | XPDUSD | ||
XAGUSD | XAUGBP | XPTUSD | |||
XAUJPY | XZNUSD | ||||
XAUUSD | |||||
Indices | |||||
ASX200 | NTH25 | US30 | |||
CAN60 | SPX500 | USDX | |||
EUSTX50 | SWI20 | VIX | |||
FRA40 | UK100 | US2000 | |||
GER30 | NDX100 | ||||
HK50 | |||||
JPN225 |
Live Tier | 50k | 100k | 200k | Profit Share | Leverage |
---|---|---|---|---|---|
Ultra Live 1 | 50,000 | 50% | 1:10 | ||
Ultra Live 2 | 100,000 | 100,000 | 50% | 1:10 | |
Ultra Live 3 | 200,000 | 200,000 | 200,000 | 50% | 1:10 |
Ultra Live 4 | 500,000 | 500,000 | 500,000 | 60% | 1:10 |
Ultra Live 5 | 1,000,000 | 1,000,000 | 1,000,000 | 70% | 1:20 |
Ultra Live 6 * | 2,500,000 |
2,500,000 | 80% | 1:30 | |
Ultra Live 7 * | 5,000,000 | 90% | 1:50 |
* Flex 100k/200k Plan Only
A Live Portfolio Manager can upgrade their Live Account balance by growing the Starting Account Balance of Each Tier by 10%
At UltraCap Trading, we offer the flexibility to trade multiple trading plans simultaneously, providing you with the opportunity to diversify your portfolio across various leverage points, capital amounts, and markets.
-
Multiple Accounts: Traders can operate up to three (3) UltraFlex accreditation accounts at the same time, each showcasing a unique Single Defined Trading Approach. This allows a trader to diversify their overall portfolio with different types of strategies, whilst being able to safely stack leverage, capital and risk to boost earning potential.
-
No Un-Authorized Trade Copying: Copying Trades, whether partially or fully, from another account within the UltraCap without permission is considered a serious violation of our Terms and Conditions. The purpose of multi account is to diversify, not stack capital.
Live Portfolio Managers can use our “Merge Addon” with an UltraFlex account to make it eligble to trade copy from your live account and merge the balances once you pass. See Merge Addon in the “Applicable Addons” Section.
-
Single Defined Trading Approach: The main contributors to a strategy’s footprint are lot sizing, timing, symbol choice, and trade management. Similar trades between accounts can impact the outcome of your funding eligibility and may even lead to disqualification without refund.
At UltraCap, we understand that every trader is unique, and so should be their trading experience. That’s why we offer Addons —customizable features designed to enhance your trading edge while also providing transparent risk factors for our funding partners. Most Addon’s are purchased through the Client Portal Add-on Store after you sign up.
Here’s how you can tailor your UltraFlex Plan to better suit your trading style:
+5% Drawdown Extension
Sometimes, a little more room for risk can make all the difference. This addon increases your maximum allowable drawdown by 5%, giving you more leeway to execute your trading strategy.
Add Additional Trading Plan
Expand your trading horizons by adding another UltraFlex Plan to your existing account. This addon allows you to diversify your trading strategies, increasing your chances of consistent profitability.
Trading Plan Reset
If for any reason you find yourself in a positon where the probability of passing is less than optimal, you can forfeit your trading plan account and start over with a fresh new plan. Trading Plan Resets are available to all UltraFlex traders via their Client Portal Dashboard. You will be able to re-select a new plan and re-start at a discounted rate.
Merge Accounts
As a reward for passing our Trading Plans, our Live Portfolio Managers can purchase the “Merge” Addon with any additional Accreditation Plan. Only available before starting, the Merge Addon allows the LPM to commence a new accreditation plan of the same Trading Plan Type as their LPM Account and copy their LPM trades. The progress from the accreditation plan is then counted as qualification for scaling the LPM account and upon passing the accreditation, the balance of the accreditation plan will be merged with the LPM account, giving the trader a boost to their live capital allocation! Merge is limited to one accreditation account at a time.
Increase Profit Share
Upon passing the UltraFlexTrading Plan, you will be able to purchase additional profit share addons to boost the amount you can earn from your first day of Live Trading. The profit share addons can be purchased in +10% increments up to a maximum of 90% and can only be applied before you commence trading on the account.
By offering these Addons, we aim to empower you to trade in a way that aligns with your unique strategy, all while maintaining a risk profile that’s transparent and acceptable to our funding partners. Choose the addons that best suit your trading style and optimize your path to funding.
9% Growth is the minimum required to be eligible to be checked and moved to trading as a Live Portfolio Manager.
(Starting Account Balance) + (Starting Account Balance * 9%)
Drawdown is a part of trading and every good trader not only needs to display how they win, but show they know how to handle drawdown. UltraFlex requires a trader to be more experienced, disciplined and controlled in their execution in return for the ability to trade accross a large amount of additional correlated markets. To assist us to observe this, the following stop out requirements are enforced:
- -5% Stop Out Limit:
Your account equity must not reach an amount that is equal to 5% less than your starting account balance
Example: If your account balance is $100,000, your account will be disabled once equity reaches $95,000: $100,000 – (5% * $100,000) = $95,000
If your open equity falls equal to or below -5% of your starting account balance, you will need to reset and start again with a new trading plan via your Client Portal Dashboard at a generously discounted price. - -3% Daily Loss Limit:
You must not draw down more than 3% of your Daily Account Balance in a single trading day.
Example: If your account balance at the start of a new trading day (server time) is $100,000, your Daily Loss Limit is set to $3,000.
If your Account Equity at the start of the new trading day is $99,000 and your Daily Loss Limit is $3,000 (Your closed balance being $100,000), and your equity reaches $96,000 at any time during the same trading day, your account will be disabled and you will need to start again with a new trading plan via your Client Portal Dashboard at a generously discounted price.
- We do not use unrealisic rules like “Relative Drawdown” or “Trailing Stop Out” as we believe these are designed to fail traders.
To ensure responsible trading and minimize risk, it’s essential to have an active Stop Loss on all orders.
Although we will warn traders where possible, repetitive incidents for ANY reason, where a Stop Loss is missing and not rectified as soon as possible will constitute a breach of our Terms and Conditions and Risk Guidelines.
We recommend using Execution Software to ensure Stop Losses are used with all orders (including limit orders)
At UltraCap Trading, we aim to create a trading environment that is both transparent and conducive to long-term success. We welcome a variety of trading strategies but have set certain guidelines to ensure fair play and responsible trading. These guidelines are designed to protect both our traders and funding partners and outline what we are looking for in a long term trading partner.
Trading Strategies and Approaches
• Single Defined Trading Approach: We encourage traders to use a single, defined trading approach for each account. If you wish to employ multiple trading strategies, please use separate accounts. This ensures that your trading results are distinguishable and consistent which makes it easier to qualify for multiple funding options and pools of capital.
• Expert Advisors (EAs): EAs are permitted but must adhere to our responsible trading guidelines. For instance, EAs employing high-risk strategies like Martingale are not allowed.
Market Conditions
• News Events, Rollover, and Holding Trades: Trades can be held overnight, over the weekend, and during news events, unless otherwise specified.
Traders are reminded that UltraFlex uses Live Simulated Accreditation Accounts. This means that fills, spreads, rollover spikes, slippage and liquidity trading data is mirrored from live servers to simulate as close to real world trading conditions. Should you choose to hold open positions during high volatility periods or through low liquidity during rollovers on various markets, please factor this in to your risk management and trading practices.
Risk Management Requirements.
• Limited Trade Stacking: You may have up to 3 open trades per symbol, provided they are opened simultaneously and at the same price level.
• No Scaling-In to Positions: Strategies that involve scaling into a position or excessively stacking trades are not permitted – (This includes Grid, Martingale & Hedge Strategies)
• Dummy Trading: Placing insignificant trades just to meet the required number of trading days is not allowed.
• No Trade Copying Between Accreditation Accounts: Trades should not overlap between accreditation accounts to maintain the integrity of each unique strategy.
• No High Frequency Trading or Arbitrage: Strategies that rely on High Frequency Algorithms or Arbitrage to front run the market, are not allowed.
Note: Our Risk Teams and Funding Teams, reserve the right not to fund any strategy that they deem to have inconclusive results, lack consistent performance, or pose unreasonable risk. It is your responsibility to adhere to the above guidelines. There will be no refunds or retries for willful or reckless breaches of the above requirements.
Maximum Time to achieve Profit Target: None
- There is no time limit to pass the accreditation program requirements, and then submit their trading results for a Quick Strategy Check and Funding Outcome.
- UltraFlex traders need to be careful to not go “inactive” during their accreditation. Brokers are known to disable accounts that have been inactive (not seen any activity for more than 21 days)
- If you require a break for up to 14 days, please email our team so that we can liaise with the broker to ensure the account is not disabled. Disabled accounts may not be recoverable and there is no refund.
Minimum Trading Days:
UltraSmart requires that a trader submit for live funding once they have at least traded for 20 active trading days. If you hit your profit target before executing at least 20 days worth of trades, it is not a bad thing. You will just be required to continue trading until you have at least 20 trading days worth of trading history for us to check.
- An active trading day is defined as: “Any day where a new trading position is opened counts as a single active trading day.”
- Positions that roll over multiple days only count as a single active trading day.
- Trading days are counted once a position has been closed on a particular day, not when they are opened.
- If you hit your profit target before fulfilling the minimum trading days, you will be required to continue trading to complete the 20 trading days whilst finishing above the profit target.
Anyone can make 9% Profit with a good trading strategy. It is keeping the 9% and consistently growing beyond 10% over a longer period of time that is harder to achieve. Our mandate is to recruit quality traders that display consistent long term risk management and execution skills, with a high likelihood of remaining funded after we allocate capital to them. To achieve this, we require a minimum size of trading history to be able to verify a trader’s probability to remain funded for the long term. Although we appreciate this may not be a popular rule, any consistent, successful trader is not afraid of losing any profits if they trade for a slightly longer period of time before gaining long term funding.
Starting leverage is set to 1:10 during Accreditation and can be scaled up to 1:50 once funded.
Program RULES
UltraPro Rules
UltraPro Traders are “Live Accreditation Traders.”
This means that the Accreditation Plan is observed on a Live Funded Account and not a Simulated Funded Account. Like all other Accreditation Plans on UltraCap, we have a duty of care and responsibility to observe all traders before we hire them.
The difference is that UltraPro Traders are observed on a Live Account and are paid a “Payout Trading Fee” for achieving the Profit Target of +10% growth. The Payout Fee is 5% of the Starting Account Balance which is the same amount as Pro Live Tier 1 (50% of the Growth on the Live Account)
All UltraPro Traders who achieve the +10% Profit Target are required to submit their trading results for a Quick Strategy Check before a contract is issued. If a trader does not meet the requirements for funding, they will still be paid a once off Payout Fee equal to 5% of the Plan Starting Balance and will be able to re-attempt.
Upon passing all the requirements, you will be issued with an LPM Contract (officially hired and funded) which qualifies you to be remunerated according to the UltraPro Scaling Agreement.
UltraPro’s purpose is to provide a Live Accreditation Plan at a discounted rate to attract professional retail traders or traders who are already funded with other reputable prop firms to fast track their careers with us. We value Quality traders and are prepared to use their existing trading results to assist us with risk managing them from Day 1. If you do not have a history of live or prop trading success, you can still purchase an UltraPro Plan however, the Plan Fee will not be discounted.
UltraPro Trading Plans are completed on Live Funded Accounts on our Regulated Broker’s Platforms.
UltraPro Traders trade on Real, Live Accounts from Day 1.
The UltraPro Plan Fee is what we charge to run the Live Accreditation Program and the risk management costs we incur for running a Live Accreditation Attempt.
UltraPro Plan Fees are NOT a deposit. They are not paying for your drawdown or any potential losses you may incur on the account. The Plan Fee is not deposited into a live account for you to trade and is not associated with any financial product or service.
UltraPro Plan Fees are non refundable.
All FX, Commodities, Metals, Energies, and Indices available:
Pro Live Tier | 20k | 40k | 80k | Profit Share | Leverage |
---|---|---|---|---|---|
Ultra Pro Live 1 | 20,000 | 40,000 | 80,000 | 50% | 1:10 |
Ultra Pro Live 2 | 30,000 | 60,000 | 120,000 | 60% | 1:10 |
Ultra Pro Live 3 | 40,000 | 80,000 | 160,000 | 70% | 1:10 |
Ultra Pro Live 4 | 50,000 | 100,000 | 200,000 | 80% | 1:20 |
Ultra Pro Live 5 | 60,000 | 120,000 | 240,000 | 90% | 1:30 |
Ultra Pro Live 6 * | 70,000 | 140,000 | 280,000 | 90% | 1:50 |
Continues to scale to $1m with every payout | 90% max | 1:50 max |
At UltraCap Trading, we offer the flexibility to trade multiple trading plans simultaneously, providing you with the opportunity to diversify your portfolio across various leverage points, capital amounts, and markets.
-
Multiple Accounts: Traders can operate up to TWO (2) UltraPro accounts at the same time, each showcasing a unique Single Defined Trading Approach. This allows a trader to diversify their overall portfolio with different types of strategies, whilst being able to safely stack leverage, capital and risk to boost earning potential.
-
No Un-Authorized Trade Copying: Copying Trades, whether partially or fully, from another account within the UltraCap without permission is considered a serious violation of our Terms and Conditions. The purpose of multi account is to diversify, not stack capital.
Live Portfolio Managers can use our “Merge Addon” with an UltraPro account to make it eligible to trade copy from your live account and merge the balances once you pass. See Merge Addon in the “Applicable Addons” Section.
-
Single Defined Trading Approach: The main contributors to a strategy’s footprint are lot sizing, timing, symbol choice, and trade management. Similar trades between accounts can impact the outcome of your funding eligibility and may even lead to disqualification without refund.
At UltraCap, we understand that every trader is unique, and so should be their trading experience. That’s why we offer Addons —customizable features designed to enhance your trading edge while also providing transparent risk factors for our funding partners. Most Addon’s are purchased through the Client Portal Add-on Store after you sign up.
Here’s how you can tailor your UltraPro Plan to better suit your trading style:
Add Additional UltraPro Plan
Expand your trading horizons by adding another UltraPro Plan to your existing account. This addon allows you to diversify your trading strategies, increasing your chances of consistent profitability.
Merge Accounts
As a reward for passing our Trading Plans, our Live Portfolio Managers can purchase the “Merge” Addon with any additional Accreditation Plan. Only available before starting, the Merge Addon allows the LPM to commence a new accreditation plan of the same Trading Plan Type as their LPM Account and copy their LPM trades. The progress from the accreditation plan is then counted as qualification for scaling the LPM account and upon passing the accreditation, the balance of the accreditation plan will be merged with the LPM account, giving the trader a boost to their live capital allocation! Merge is limited to one accreditation account at a time.
Increased Live Profit Share
Unlike our Simulated Accreditation Plans, UltraPro allows you to purchase additional profit share straight away at the time you choose and sign up for your UltraPro Trading Plan. Please choose your desired Profit Share Percentage from the checkout when you sign up.
Note: Increased Profit Share applies only to the Pro Live Scaling Plan. It does not apply to initial Payout Fees or Refunds which are set to 5% of the Starting Account Balance.
By offering these Addons, we aim to empower you to trade in a way that aligns with your unique strategy, all while maintaining a risk profile that’s transparent and acceptable to our funding partners. Choose the addons that best suit your trading style and optimize your path to funding.
10% Growth is required before being paid and moved to trading as a Live Portfolio Manager.
(Starting Account Balance) + (Starting Account Balance * 10%)
Drawdown is a part of trading and every good trader not only needs to display how they win, but show they know how to handle drawdown. UltraFlex requires a trader to be more experienced, disciplined and controlled in their execution in return for the ability to trade accross a large amount of additional correlated markets. To assist us to observe this, the following stop out requirements are enforced:
- -5% Stop Out Limit:
Your account equity must not reach an amount that is equal to 6% less than your starting account balance
Example: If your account balance is $80,000, your account will be disabled once equity reaches $75,200: $80,000 – (6% * $80,000) = $75,200
If your open equity falls equal to or below -6% of your starting account balance, you will need to reset and start again with a new trading plan via your Client Portal Dashboard.
- -3% Daily Loss Limit:
You must not draw down more than 3% of your Daily Account Balance in a single trading day.
Example: If your account balance at the start of a new trading day (server time) is $100,000, your Daily Loss Limit is set to $3,000.
If your Account Equity at the start of the new trading day is $99,000 and your Daily Loss Limit is $3,000 (Your closed balance being $100,000), and your equity reaches $96,000 at any time during the same trading day, your account will be disabled and you will need to start again with a new trading plan via your Client Portal Dashboard at a generously discounted price.
- We do not use unrealisic rules like “Relative Drawdown” or “Trailing Stop Out” as we believe these are designed to fail traders.
To ensure responsible trading and minimize risk, it’s essential to have an active Stop Loss on all orders.
Although we will warn traders where possible, repetitive incidents for ANY reason, where a Stop Loss is missing and not rectified as soon as possible will constitute a breach of our Terms and Conditions and Risk Guidelines.
We recommend using Execution Software to ensure Stop Losses are used with all orders (including limit orders)
At UltraCap Trading, we aim to create a trading environment that is both transparent and conducive to long-term success. We welcome a variety of trading strategies but have set certain guidelines to ensure fair play and responsible trading. These guidelines are designed to protect both our traders and funding partners and outline what we are looking for in a long term trading partner.
Trading Strategies and Approaches
• Single Defined Trading Approach: We encourage traders to use a single, defined trading approach for each account. If you wish to employ multiple trading strategies, please use separate accounts. This ensures that your trading results are distinguishable and consistent which makes it easier to qualify for multiple funding options and pools of capital.
• Expert Advisors (EAs): EAs are permitted but must adhere to our responsible trading guidelines. For instance, EAs employing high-risk strategies like Martingale are not allowed.
Market Conditions
• News Events, Rollover, and Holding Trades: Trades can be held overnight, over the weekend, and during news events, unless otherwise specified.
Traders are reminded that UltraFlex uses Live Simulated Accreditation Accounts. This means that fills, spreads, rollover spikes, slippage and liquidity trading data is mirrored from live servers to simulate as close to real world trading conditions. Should you choose to hold open positions during high volatility periods or through low liquidity during rollovers on various markets, please factor this in to your risk management and trading practices.
Risk Management Requirements.
• Limited Trade Stacking: You may have up to 3 open trades per symbol, provided they are opened simultaneously and at the same price level.
• No Scaling-In to Positions: Strategies that involve scaling into a position or excessively stacking trades are not permitted – (This includes Grid, Martingale & Hedge Strategies)
• No Trade Copying Between Accreditation Accounts: Trades should not overlap between accreditation accounts to maintain the integrity of each unique strategy.
• No High Frequency Trading or Arbitrage: Strategies that rely on High Frequency Algorithms or Arbitrage to front run the market, are not allowed.
Note: Our Risk Teams and Funding Partners reserve the right not to fund any strategy that they deem to have inconclusive results, lack consistent performance, or pose unreasonable risk. It is your responsibility to adhere to the above guidelines. There will be no refunds or retries for willful or reckless breaches of the above requirements.
- UltraPro Traders can take their time to execute clean and high probability trades to qualify for their first payout fee.
- There is no time limit to achieve the first payout level.
Starting leverage is set to 1:10 during the Live Accreditation Period and can be scaled up to 1:50 once approved and contracted as an LPM. See UltraPro Live Scaling Plan Tiers for more information.