Congratulations on successfully completing the ToroChallenge®! 🎉
You have completed an important milestone. The next steps are focused on account verification, compliance requirements, and setting up your live funded trading account.
1. Identity Verification (KYC)
To proceed with a funded account, you will be required to provide a valid government-issued ID.
Your information must match across:
Your ToroChallenge® account
Your government-issued ID
Your payment/bank account information
This requirement helps prevent fraud, comply with U.S. financial regulations, and ensure all account information is accurate.
Your government ID will go through a verification process with a third-party compliance and KYC provider. Verification times may vary depending on the issuing government authority and verification process.
2. Professional Market Data Registration
Once your identity verification is approved, funded traders may be required to register as professional market-data subscribers with the applicable U.S. stock exchanges.
U.S. exchanges, including NYSE, Nasdaq, and other market-data providers, classify funded traders as professional subscribers because they are trading firm-provided capital rather than their own personal funds.
Professional market-data fees typically range from $150 to $250 per month, depending on the selected exchange package and market-data requirements.
In some cases:
The fees may be deducted from a future payout, or
The trader may pay the exchange fees directly and trader2B may reimburse the trader according to the applicable arrangement.
Any applicable fees will be communicated before activation.
3. Live Funded Account Creation
After completing the required verification steps, your live funded account will be created.
You will access your funded account using the same email address used for your ToroChallenge® account.
Your funded account will have:
The same buying power as your completed ToroChallenge® account
The applicable share/trading limits
Access through WebTrader and Desktop Trading Platform
You will notice that your order destination routes have changed. Orders from funded accounts are sent to the live market through supported routes such as:
NASDAQ
ARCA
SMART Routing
If you have a preferred order route, you may contact our team, and we will review whether it can be assigned to your account.
4. Live Trading Reports & Dashboard
All funded trading activity and performance reports will be available through your trading platforms:
WebTrader
Desktop Trading Platform
You will be able to view:
Trades
Positions
Orders
Performance information
Account statistics
5. Starting With Your Funded Account
Many traders prefer to begin with lower buying power and tighter risk limits during the first few trading days while becoming familiar with:
Live market routing
Real execution behavior
Live trading conditions
If you would like to start with adjusted limits, you can contact our team to discuss available options.
6. Dedicated Funded Trader Support
Once you become a funded trader, you will receive access to a funded trader support channel.
This dedicated support channel helps provide faster assistance because funded accounts involve live trading activity and real market execution.
Welcome to the next stage of your trading journey with trader2B. We look forward to supporting you as a funded trader.