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If you don't see your question addressed here, or you have other thoughts or concerns, please contact us.
Since 2006, trader2b has been helping traders realize and achieve their financial goals. Our mission is to build the largest virtual trading floor in the world, achieving our goals by helping others achieve theirs. We help traders achieve financial freedom, trading from the comfort of their home by providing training, funding and coaching.
Day trading is the opening and closing of positions on the same day, "No overnight positions". The trading network is remote, and traders can have online access from all over the globe.
Trader2B offers a remote day trading opportunity, which means that we are able to cater to traders from all over the globe who are of 18 years or older. Unfortunately, trader2B was advised that proprietary traders in Quebec must be regulated by the AMF. You can sign up here whenever you’re ready.
You will have remote trading access to U.S. equities and securities from NASDAQ and New York Stock Exchange. For a list of the symbols that are being offered, please refer below: ToroChallenge Symbols List
We understand that some traders may have their own trading strategies that require more than one account which we can accommodate, but within the rules such as no wash trading within the accounts.
Trader2B follows the same holiday schedule as the New York Stock Exchange (NYSE). Please click here for the list of the official holiday calendar.
ToroChallenge™: traders must prove themselves through a simulation account. Pro/Funded Trader: traders that have proven themselves on the ToroChallenge™ and are eligible for payouts.
The objective of any of the two programs (Toro or Live) that we offer is to reach the profit target without breaking any rules. The profit target is the amount of net profit that needs to be achieved upon completion of any of the programs in order to be considered for a Funded Live Account.
We are always listening to our traders to try and add more markets. For more questions please contact email@example.com
You will be using the Haywood Trader platform and Haywood Mobile Trader. For more information please visit Haywood Trader
There is no capital investment or risk deposit required.
From time to time, the ETB short list changes, therefore Trader2B must be up to date with the allowable symbols list. The goal is to be trading in the ToroChallenge as if you were trading in the real market.
Yes. We do offer a 14-day trial account with real-time market data. Traders engaging in this trial account will not be given the chance to be eligible for a funded live since the purpose of the trial account is for traders to get accustomed to the platform and its functionalities. Apply now!
Yes. We have the capital, technology, and infrastructure to accommodate sizable groups and schools.
Established traders and groups are provided: • Direct market access • Dark pool access • Customizable order routing • Higher payouts paid weekly • Automated trading availability • A state of the art trading desk • Competitive fees Please contact firstname.lastname@example.org if you have any questions.
Yes, you can short stocks and ETF’s. We will provide the traders with a list of the most liquid symbols that can be shorted. If ever the symbol you wish to trade is not in the list, please contact us and we will add it to the list if it is available to short.
• 64-bit Operating System • 8GB RAM • At least 1MBS internet connection • At least Windows 7 • Preferably 2 screens
Trader2B offers a variety of resources to help develop your trading: • Log into the Dashboard and listen to one of our highly decorated veteran traders. • Watch in-depth videos and test yourself with questions based on what you have learned • Trader2B's Coaches work one-on-one with traders to help them find market opportunities, review daily statistics, manage setbacks and progress their trading.
Trader2B does not support trading Forex, options, and futures for the moment. We allow access to US-listed stocks and ETFs.Please see here for a complete list of t2B tradeable symbols. ToroChallenge symbols list Live evaluation symbols list
No, you don't need a license to join, however Quebec traders will not be able to trade because they might need to be licensed by the AMF.
Yes, we can provide traders to trade using their own algorithms, please contact us for the process and exchange approval for algo trading
You cannot be signed in on both the desktop platform and the mobile app because traders will not be able to send orders from both simultaneously.
Unfortunately, Trader2b does not trade over-the-counter stocks. We trade the most liquid names that are also available to short in the stock market. For a complete symbols list, please refer to our ToroChallenge™ Symbols List.
The ToroChallenge™ is a real-time, simulated trading system. You can test your strategy and prove to be profitable in the markets. You also must demonstrate you can manage risk and that our capital is safe in your hands. This is designed to ensure consistency and to get you to your ultimate goal of a Funded Live Account. If you meet the Profit Targets in the ToroChallenge™ without breaking a rule, your Funded Live Account will be waiting.
The first step is to sign up to the trader2B Dashboard and enroll in one of the ToroChallenge™ options. The second step is to follow the ToroChallenge rules and parameters while reaching the profit target with a minimum of 200 round trades. Lastly, earn your funded account and claim your well-deserved profits.
The ToroChallenge is a real-time simulated equities account where your trading is evaluated for the opportunity to get funded with our capital Once you reach the Profit target along with the minimum amount of round trades without breaking any rules, your Funded Account will be waiting: 1. Only trade allowed symbols intra-day. No pre/post market orders. 2. Traders need to flat all positions before 15:57 EST. 3. Do not reach or exceed the Total Max Drawdown. 4. Pick a handful of symbols that are most profitable for you to trade consistently. 5. Respect the Daily Max Loss as mentioned below.
Daily Max Loss
Account Max Drawdown
-Buying and selling a stock equals to one round trade. -Simply put, having 400 trades is considered to be 200 round trades.
Your Daily Total PNL cannot reach or exceed the Daily Max Loss Limit at any point during the trading day (9:30am – 4pm). If at any time your Total PNL does exceed this amount for your account, any open trading positions may be flattened, any pending orders may be canceled, and your account may be prevented from placing any new trades until the start of the next trading day (9:30am). The Daily Max Loss Limit is factored based on each trader’s Total PNL, which includes both unrealized and realized trade PNL values. For example, in a $100K ToroChallenge, the Daily Max Loss is $500. Therefore, if at any point during the trading day your Total PNL reaches or exceeds -$500, the Daily Max Loss is considered to be breached and you will not longer be able to trade for the remainder of the trading day.
The Max Position/Symbol is the maximum shares of one symbol position allowed. For example, if you have a Max Position of 1000 shares, you can only trade up to 1000 shares per symbol. You can trade multiple symbols at the same time.
If your account balance from the trading report exceeds the Total Max Drawdown, your account’s buying power will be set to $0 until you reset your account.
No. the reason being is that trader2B wants to ensure that traders can maintain consistency in their trades while being profitable.
Traders carry forward their account balances when they renew their account regardless if it was positive or negative.
Trader2B offers a real-life trading experience, therefore traders must trade within Open Market hours which are 9:30am – 4:00pm EST. You can find a list of the symbols we offer for the ToroChallengeTM traders here.
Please refer to the t2B symbols reference table for the max loss per share of a symbol. It is the responsibility of the trader to monitor and implement their drawdown positions when the max loss is reached.
Once enrolled, you will receive an email containing the login credentials, the procedures, rules and a symbols list to get started with your ToroChallengeTM Account. Please contact email@example.com if you have any questions.
Once you become a Pro/Funded Trader, there will be no need to pay the monthly ToroChallenge™ subscription. The only monthly fee you will need to pay is $85 for the professional market data.
You will be able to log into your account once you get the email from the support team containing your username and password. However, you will not be able to execute trades until you follow the steps provided in the email to register for the real-time market data.
Traders will complete the ToroChallenge™ when they reach their profit target of 6% of their buying power and executing a minimum of 200 round trades without breaking any rules.
The reason we add fees during the ToroChallenge™ is because trading stocks is not free in the real market. When you pass the ToroChallenge™, you will get a funded account to trade in the real market with real money, and you will have exactly the same fees on your funded account. The net PnL is the accurate profit indicator showing you what you have made during the trading day.
Your subscription commences the day that you sign the real-time market data for the ToroChallenge™. Whether it be monthly or quarterly, you will be billed at the end of your subscription cycle automatically. If you do not wish to be billed as a subscription or would not like to continue being billed, please inform us at least 10 days in advance from the end of your billing cycle at firstname.lastname@example.org
Unfortunately, the 14 day trial is meant for traders to familiarize themselves with the platform and its functionalities. The 14 day trial results do not count as metrics towards the ToroChallenge.
No, your account will not get shutdown if you reach the account max drawdown. The 14 day trial is meant for traders to get acquainted with the platform and its functionalities.
Trader2B provides traders with MyMetrics, which is available from the Dashboard. This gives traders a detailed summary of their trading history to better analyze and improve their trading strategies.
Since the ToroChallenge™ is designed to allow you to learn from your mistakes in a safe environment, you may reset your account balance and rules at any point in the ToroChallenge™ for $100. (The Reset button is found on your dashboard.)
Traders can surely upgrade their ToroChallenge package if they feel that it would be more beneficial to them if they had access to a higher buying power.
Trader2B is always looking to add more symbols to our traders ToroChallenge™ Symbols List. The symbols list provided to ToroChallenge™ traders include the most liquid and short-able names traded in the stock market. If a trader has any symbols in mind that they would like to trade but is not available in their trading list, they can surely send us a request at email@example.com.
Regardless of the ToroChallenge™ package that you have subscribed for, Trader2B will give access to all of the educational resources that are available to its traders.
The profit target is the profit of the trades minus fees.
Traders would simply need to read over the Live Education Syllabus to get a sense of the program and decide which level is best suited for them.
Live Education covers everything there is to know about day trading. For further information, please take a look at the Syllabus.
Live Education is for those who are interested in learning more about day trading. doesn't matter the level of knowledge, learning more is always encouraged at Trader2B.
Yes, traders are able to take the Live Education program in groups if they desire. It will be taken place in an interactive chatroom where traders would be able to participate and be heard when the coach is presenting the lectures.
Typically, the modules take place on Tuesday and Thursday from 12pm - 2pm EST in our online classroom. However, we understand that some traders would not be available at that time, therefore we are lenient with the schedule.
All traders that pass the ToroChallenge while following the rules and parameters will earn a funded live trading account once they have complete the challenge.
Students will learn about several different trading strategies that include macro fundamental, technical analysis and risk/reward and when its the most optimal time to use certain strategies. However, under no circumstances will the coach or any Trader2b team members make any recommended calls to "buy here and sell there" as this is illegal. In Live Education program, we encourage the students to take the unconditional materials they learned and come up with their own unique ways of profiting from the markets.
You will have a dedicated support team at your disposal for any inquiries. You will also have access to the contact the coach if ever you were to have any questions.
Yes, traders are able to custom tailor their Live Education package if they wish to learn on specific modules. You can take a look at the different modules being taught in the syllabus.
Getting funded live trading account ultimately falls upon the commitment and discipline of the trader. Trader2B gives you all the tools and resources to help you become a better day trader and be able to get a funded live trading account. If you listen and learn, are dedicated and discipline, then you will have no problem in getting yourself a funded live trading account by Trader2B.
Yes, classes can be done in either small groups or 1-on-1 sessions with the coach.
Yes, all the materials will be available for later reference provided by the coach and will be sent to every Live Education User.
Each Live Education package is active for a period of 3 months time. During this period, all students will have unlimited access to the materials and the coach.
Yes, you can trade in the ToroChallenge program while in the Live Education. It is also highly encouraged to do so because that way traders can implement what they have just learned on real-live market and see real live results.
The Live Education is a 6 week intensive program that is taught twice per week for 2 hours each session. However, because all participants revive a Toro100 account is enabled for 3 months, all the coaching, mentoring and access to material will be available to the student for up to 3 months.
Trader2B allows traders to trade a variety of liquid stocks in the NYSE and NASDAQ stock exchange.
Yes, all the fees associated with trading futures contract through the Trader2B futures challenge are factored into the PnL at the end of the day. Our fees per contract are $4.95 round turn.
Traders are limited to trading from 9am EST to 5pm EST. No overnight positions are allowed.
No, traders will not be able to trade during economic releases. They would need to flat their positions 1 min. before release of data and may resume trading 1 min. after the release of data.
In reference to the major economic releases, Trader2B refers to the economic calendar. Economic release cause high levels of voltiltiy and large price swings which marks it very difficult to trade profitable and consistently.
Yes you can. Just like in the ToroChallange, you will be able to reset your account whenever you deem necessary.
Yes, participants can enroll in any challenge they want, including being part of both challenges at the same time.
No, since traders are only allowed to trade intraday, rolling over trades are not necessary.
We are looking for traders that are able to make money consistently over a large sample of trades. If you can prove that your ability is based on skills and no luck, than your trading execution and strategy should be repeatable over time.
Trader2B does not offer any trading nor any investment advice. Traders use the simulations challenge to test their own trading strategies before entering the real market.
Trader2b follows the holiday trading schedule from the CME.
When the traders have proven to be more profitable, they can request an increase on their buying power . Share limits may be increased anytime during the evaluation period and thereafter.
Trader2B issues payouts on a weekly, bi-weekly or monthly basis based on the profits of the previous month. The frequency of payouts are completely up to the trader. Trader's account balance will be adjusted at the end of each month. Payments are made through PayPal or bank wire transfer.
Yes. Trader2B includes the exchange market rebates in the payout.
If traders make a profit of up to: • $1-$5,000 > keep 50% • $5,001-$10,000 > keep 70% • $10,000 + > keep 85%
Professional market data will range from $85 - $300 depending on which data does trader require such as Level 1, Level 2, open views and so on. Pro market data will only be available for Pro/Funded Traders once they complete their ToroChallenge™
|Parameters||Live 25K||Live 50k||Live 100k||Live 150k||Live 250k|
|Dialy Max Loss||$200||$300||$500||$800||$1,000|
|Total Max Drawdown||$500||$800||$1,500||$2,500||$3,500|
|Max position/symbol||300 shares||500 shares||1000 shares||2000 shares||3000 shares|
|Start BP||Profit rate||Target Profit/month||BP increase to|
Pro Traders would need to build up an equity balance of $3,000 or more in the Live trading account before they can request to have additional buying power, changes to share limit or request a symbol to be traded that is not in the allowable symbols list.
Traders must trade their most profitable stock from the ToroChallenge at the start of their funded live trading account until they have built up equity within the account. Once equity has been built, the trader will have the flexibility to trade other stocks.
Once a Funded trader achieves their equity target, Trader2B will issue a refund bonus equal to the initial cost of the ToroChallenge subscription with their first payout.
If a trader has 3 consecutive losing days, the trader must go back to the ToroChallenge and complete it again to be back in the Funded live trading account.
We advise traders to download AnyDesk to allow access to share the traders computer screen with a support agent. This way our team of dedicated support representatives can work on your troubleshooting issues first-hand.
Normally traders don’t have any issues logging in to the platform. In the case that a trader has trouble logging in, it is usually due to the trader’s computer connection with the server. You will need to close the application and restart the computer to revive your connection to the servers. If you are still having trouble logging in, please contact our support team at firstname.lastname@example.org
There are a few reasons why traders are not able to execute orders: • You didn’t assign a destination for your orders and executions. • You did not select the desired amount of positions to trade for the chosen symbol • Make sure the ‘Market Data’ and ‘Haywood’ connection is active (if not, try closing the application and logging back in. Normally it’s because your computer missed a signal from the server)
Trader’s market data subscription restarts at the end of the traders calendar month for a small fee of 45$
The Chart trading functionality only works when you assign your Default Destination in the Settings Menu.
That means you have open orders on the market, please cancel open orders and continue trading.
Give the support representative your TeamViewer credentials to log onto your computer. Please make sure your computers software settings have atleast 8gb of RAM and 64-bit. Next, check the Task Manager to verify if the computer is being used more than normal.
Check the link of the chart if it responds from the internet browser. If not, clean the cookies
There are two reasons why an account will be placed in ‘Closed Position Only’: -Traders have reached their Daily Max Loss during the day and are unable to execute trades for the remainder of the day, until the next trading day. -Sometimes a traders Total PnL will reach the Daily Max Loss momentarily which will change the account status to "Closed Position Only". If the Open PnL brings your Total PnL under the Daily Max Loss, your account should be enabled automatically. If after a few minutes your account has not been enabled, please contact email@example.com.
It means that you have not registered for real-time market data with Quote Media. Please follow the instructions that are attached with ToroChallenge™ credentials email. If you need any help, please contact us at firstname.lastname@example.org.
Chart Trading is a feature that allows you to execute trades directly from the chart. We try to make life easier by making trading easy. QuickTrade is also a feature which enables traders to trade with a simple click of either buy or sell, without having to stress over which button to press or not to press. For all other key features and benefits, please visit www.haywoodtrader.com/products