How long does it take to increase my buying power and share limits?
When the traders have proven to be more profitable, they can request an increase in their buying power. Share limits may be increased anytime during the evaluation period.
How much is Pro Market Data?
Professional market data will range from $85 – $300 depending on which data does trader requires such as Level 1, Level 2, Total Open View, and so on. Professional market data will only be available for Pro/Funded Traders once they complete their ToroChallenge program.
What are the trading fees and does trader2B pass the exchange rebates back to the trader?
trader2B will pass-through the trading fees, as follow: SEC fee (Sell Side); percentage per million dollars on the executed order. Exchange fees can be credit or debit depends if your order it’s an aggressive ( MKT order ) or passive ( Limit Order). Commission fee is $0.003 /share, which is considered to be the lowest on the […]
Funded Trading Account Rules
All positions need to be flat before 16:00 EST. No overnight positions are allowed. If the trader reaches the daily max on his first trading day, the daily max loss will be reduced to half on the second day. If the trader reaches the daily max on his second trading day, the daily max loss […]
Subscription Reimbursement
trader2B will reimburseToroChallenge initial subscription fee, once you request your first payout from your Funded Trading Account. To be qualified for the reimbursement, your net payout (after the split) must be 2 times your initial subscription or more. Example: You subscribed to Toro25 @$299/Month. To request your payout, your net payout must be $600 or […]
Funded Trader Payout Frequency
The withdrawals are based on monthly calculations. trader2B issues payouts bi-weekly or monthly basis based on the profits of the previous month. You can request a payout 1st week of the month and the 3 week of the month. Trader’s account balance will be adjusted at the end of each month. Payments are made through […]
Funded Trader Payout Rate
The payout rate is 95% to the trader and 5% to the company.
What are the Stocks available to trade in the Funded live trading account
Traders must trade their most profitable stocks from the ToroChallenge at the start of their funded live trading account until they have built up equity balance in the account. Once equity has been built, the trader will have the flexibility to trade other stocks in the allowable symbols list and contact us at [email protected] for […]
Can I use my own algorithms to trade with trader2B?
Yes. We provide C#API access to Advanced Toro150 3months subscribers to trade using their own algorithms. Please email [email protected] for the test environment and API documentation.
