The UltraSmart 2024 is designed for the Consistent/Proven Retail Trader who recognises that every trading strategy is different.

It’s a streamlined, single-stage process, eliminating the complexity of multi-level challenges, whilst giving the trader the power to customize their trading plan outcomes to align with their success. 

Starting with just a 6% profit target and a generous 8% maximum stop out, it’s tailored for those who prefer a clear, achievable goal with additional customization to accomodate a longer term career focused journey. 

It’s ideal for traders who want to focus exclusively on a fast, extremely achievable way to get hired as a professional trader, under Australian Employment Conditions, with a tailored but straightforward path to success.

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.

Once Trader has proven their skillset and edge and signed to become a Live Trader, they will be moved to Live, Regulated A/B/C Book Managed Accounts.

It is important to note that symbols are subject to change by the Liquidity Provider without notice, and may also vary between platforms.

All FX, Commodities, Metals, Energies, and Indices available + Crypto (list changes regularly):

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. 

1. 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.

2. 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. 

3. 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.

6%-10% Growth is all that is required to meet the minimum profit for submitting your results and onboarded as a Live Portfolio Manager.

(Starting Account Balance) + (Starting Account Balance * 6%-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. UltraSmart 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:

• 6%-8% Stop Out Limit:
  Your account equity must not reach an amount that is equal to 6%-8% less than your starting account balance

• Maximum Stop Out (Absolute Drawdown) Limits may change depending on how you build/customize your plan.
• Example for some Plans: 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 6%-8% below 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.

• 4% Daily Loss Limit:
  Our Daily Drawdown Rule is one of the simplest, and most generous in our industry.
  

• You must not draw down more than 4% 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 $4,000. 
  If your Account Equity at the start of the new trading day is $99,000 and your Daily Loss Limit is $4,000 (Your closed account 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, we encourage best practice to have an active Stop Loss on all orders. 

Not all UltraSmart Variants Require a Stop Loss!

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.

• Limited Scaling-In now allowed: Strategies that involve scaling into a position are now permitted if done in a consistent and regular nature. 

• 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: On the base UltraSmart Plan, you may have up to 2 open trades per symbol, provided they are opened simultaneously and at the same price level. Further customization of the base plan will allow you to increase the number of open positions you can have per symbol.

• No High Risk/Gambling Trading Strategies: Strategies that involve scaling into a position or excessively stacking trades are not permitted –  (This includes Grid, Martingale & Hedge Strategies along with any strategy closely resembling tactical gambling theories – at our risk team’s discretion)

• 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.

• 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.

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 now dynamically set for UltraSmart Plans. This is starting at 1:30 for FX, 1:10 for Metals/Oil, 1:5 for Indices/Stocks & 1:2 for Crypto

Leverage and Margin requirements may change Dynamically to protect capital through periods of extreme volatility or major market shifts.