TraderDock - Come Trade Our Capital
  • Trade for  at least 10 days: You must trade a minimum of 10 trading days to be eligible for passing to Stage 2. There is no upper time limit to achieving the $2,500 profit target. 
  • Hit Your Profit Target: Your Profit Target is related to the Net P&L (Realised less Commissions) from trading activity. In Stage 1, the requirement is to achieve $2,500. Note: There is a consistency rule which discounts your Best Day to the value of your average day. This should also be taken into account when determining if you have passed Stage 1.
  • Avoid Hitting Your Daily Loss Limit: Hitting the Daily Loss Limit means losing $1,000 or more including commissions in one trading day. In TT, the Challenge account is set to autoliquidate at the open p&l of $1,000 so be aware that this figure is calculated on your open positions. If you hit your daily loss limit your account must be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It allows you to begin the Challenge again from scratch. 
  • Avoid Hitting Your Max Drawdown: If you hit this limit, the account must be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It allows you to begin the Challenge again from scratch
  • Trade Permitted Products Only: You can find the full list of permitted products in a separate FAQ
  • Trade During Supported Trade Times Only: All positions MUST be closed by 9 PM Dublin / London time. Trading day starts at 7AM Dublin / London time and ends at 9 PM Dublin / London time. No Weekend or Holiday trading Permitted.  No Weekend or Holiday trading Permitted. 
  • Do not Exceed your Max Trading Power during the Challenge: Your maximum trading power is 5 Lots. Exceeding this size shows lack of trading practice and/or lack of trading discipline and the acccount must be reset to be eligible for live trading if this rule is broken. The trading account can be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It allows you to begin the Challenge again
  • Trade for at least 10 days: You must trade a minimum of 10 trading days during Stage 2 also to be eligible for graduation to a live trading account. There is no upper time limit to achieving profit targets.
  • Hit Your Profit Target: Your Profit Target is related to the Net P&L (Realised less Commissions) from trading activity. In Stage 2, the higher the net profit after commissions you achieve the greater the power of the live account you will be awarded when live trading. Note: There is a consistency rule which discounts your Best Day to the value of your average day. This should also be taken into account when determining if you have passed Stage 2. The breakdown of the profit target ranges and their associated live accounts are in the table below. For example, assuming 10+ days of trading activity and no broken risk rules, a Net P&L (after commisions and discounted as per the consistency rule) of $2,650 will entitle you to a Bronze account. If you decide to continue to trade and achieve $3,250 for example you have beaten the threshold of $3,000+ and will be awarded the Silver live account. And if you exceed $4,500, you will be awarded the most powerful live account type: Gold.
Profit Achieved in Challenge: $2,500+ $3,000+ $4,500+
Remote Trader Account Type Bronze Silver Gold
Trader Profit Share 60% 70% 80%
Achievable Trading Power 5 lots 10 lots 35 lots
Daily Loss Limit $1,000 $1,000 $1,000
Max Drawdown $2,000 $2,000 $3,000

 

  • Avoid Hitting Your Daily Loss Limit: Hitting the Daily Loss Limit means losing $1,000 or more including Commissions in one trading day.. In TT, the Challenge account is set to autoliquidate at the open p&l of $1,000 so be aware that this figure is calculated on your open positions. If you hit your daily loss limit your account must be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It allows you to begin the Challenge again from scratch. 
  • Avoid Hitting Your Max Drawdown: If you hit this limit, the account must be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It allows you to begin the Challenge again from scratch
  • Trade Permitted Products Only: You can find the full list of permitted products in a separate FAQ
  • Trade During Supported Trade Times Only: All positions MUST be closed by 9 PM Dublin / London time. Trading day starts at 7AM Dublin / London time and ends at 9 PM Dublin / London time. No Weekend or Holiday trading Permitted.  No Weekend or Holiday trading Permitted. 
  • Do not Exceed your Max Trading Power during the Challenge: Your maximum trading power is 5 Lots. Exceeding this size shows lack of trading practice and/or lack of trading discipline and the acccount must be reset to be eligible for live trading if this rule is broken. The trading account can be reset using the Reset button on the trader dashboard in order to be eligible for a live trading account. The cost of this reset is $100. It means you begin the Challenge again from the beginning.

The commission rates for each supported product are listed in the following table. These commissions reflect those that are charged in live trading also. 

Product Commission per
RT ($)
Product Commission per
RT ($)
Equity Indices Crops
E-mini S&P 500 (ES) 3.80 Corn (ZC) 5.30
Nikkei (NKD) 6.30 Wheat (ZW) 5.30
E-mini NASDAQ 100 (NQ) 3.80 Soybeans (ZS) 5.30
Mini Dow (YM) 3.80 Soybean Meal (ZM) 5.30
E-Mini MidCap 400 (EMD) 3.80 Soybean Oil (ZL) 5.30
E-mini Russell 2000 (RTY) 3.80  
Foreign Exchange Interest Rates
Australian $ (6A) 3.20 Eurodollar (GE) 4.00
British Pound (6B) 3.20 Bonds/Notes
Canadian $ (6C) 3.20 2-Year Note (ZT) 2.70
Euro FX (6E) 3.20 5-Year Note (ZF) 2.80
Japanese Yen (6J) 3.20 10-Year Note (ZN) 3.00
Swiss Franc (6S) 3.20 30-Year Bond (ZB) 3.10
E-mini Euro FX (E7) 3.20 Ultra-Bond (UB) 3.20
Agricultural Ultra-Note (TN) 3.20
Live Cattle (LE) 5.50 Metals
Lean Hogs (HE) 5.50 Gold (GC) 4.40
Energy Copper (HG) 4.40
Crude Oil (CL) 4.40 Platinum (PL) 4.40
E-mini Crude Oil (QM) 4.40 Palladium (PA) 4.40
Natural Gas (NG) 4.40 miNY Silver
(QI)
4.40
E-mini Natural Gas (QG) 4.40 miNY Gold
(QO)
4.40

Yes - not in live trading, but during the TraderDock Challenge you may trade during these times.

Net Profit is your trading revenue less fees and commissions. Note that the TT platform does not take commissions into consideration and therefore the P&L shown in TT is your gross trading p&l before commissions. Please make sure that you are aware of the commissions charged on the products you are trading. You should calculate your Net P&L by subtracting your number of traded contracts * commission from the gross p&l shown in TT. At the end of each trading day after market close, your trading stats will be uploaded to your TraderDock Dashboard. This will show the breakdown of your gross p&l, number of contracts traded, commissions and net p&l for each day with trading activity. Note also, that as a consistency rule, we discount your largest trading day to equal your average trading day. This lessens the importance of your largest day in achieving your profit target with the aim being to reduce the effect of anomalies and reward consistency. Consistent traders make superstar traders!

You can hold an open trade position between 7am Dublin/London and 9pm Dublin/London. These trading hours coincide with the permitted live trading times of our live trading risk desks. We require our traders to fully understand the specific market specification of the product they have chosen to trade. If the product that you trade closes earlier than 9pm Dublin/London, then we require that you close all positions prior to that market being closed. Not to do so is a rule break and you may no longer be eligible for financial backing. 

Further information on the trading hours of the individual CME products can be found here: http://www.cmegroup.com/trading-hours.html

No. We allow intraday trading only during the Challenge and this will be the case also in live trading until you are a senior trader. 

As per the permitted trading times, you may hold an open position between 7am and 9pm Dublin/London. But it is your responsibility to know if the product you are trading closes before 9pm Dublin/Ireland and to close all position before this product-specific close time.