Select your FAQ

General Trading & Funding Questions

General Trading & Funding Questions

UltraSmart Funding Plan


UltraSmart Funding Plan

 

Pre-Funding Process


Pre-Funding Process

 

Post-Funding Process


Post-Funding Process

 

Systems & Support


Systems & Support

 

About Ultra Capital Fund


About Ultra Capital Fund

 

Select your FAQ

General Trading & Funding Questions

Traditionally, a Prop Firm/Shop is a dedicated arm of a financial institution or an individual commercial entity which deploys a business model to trade the market with it’s own capital and/or balance sheet for direct profit.


Put simply, a prop firm is any company that uses it’s own capital to trade the markets, rather than using client investments for capital. And like any company, there are unlimited ways to structure a business and unlimited ways to hire staff.


However, the definition of a proprietary trading firm in the 2020’s differs greatly to the original and traditional definition used by most investment websites due to the rise of retail trading via online platforms and the relaxation of rules in the financial industry allowing talented traders globally to participate in the profession of trading. 

By all definitions, Ultra Capital Fund does not fit traditional or current definitions of today’s prop industry. We are a financial technology (fin tech) driven prop fund referral company.


Unlike most prop trading companies, our traders are backed by Investor contributions within a fund. We use a unique mix of AI, Quantitative Software Engineering and Traditional Risk Analysis approaches to find, recruit, showcase and refer retail FX and CFD traders to Proprietary Trading Funds and Investor Backed Pools of Liquidity in exchange for a share of our traders’ profits.

A capital funding program is a Plan offered by a Prop Shop or Prop Firm that is designed to evaluate or review a trader’s risk profile, strategy and performance whilst within a professional trading environment.

In the case of online prop firms, usually there is a set of risk guidelines or milestones that is set out and if the trader can achieve a pre-set target within a timeframe whilst adhering to the guidelines and trading consistently, the Prop Company will extend a funded account of live capital for the trader to work with on behalf of the firm.

Some of the main reasons why professional traders prefer to trade Investor Capital rather than their own:

-    Larger Accounts: many retail traders do not have the capital required to trade without over risking or over leveraging to try make a living. By using a larger account, you can make a comfortable income without needing to over leverage or over risk trades. 
-    Losses are absorbed by the Fund: if you happen to have a bad run of trades, your losses don’t come out of your own pocket. The fund absorbs and offsets the losses in the pool due to diversification of all the other profitable traders in the pool. 
-    Your profits multiply faster than using a broker: when you make consistent profits, you showcase reliability. As a result, investors seek to give you more capital to trade with. 


Example: If you invest $1000 into trading. Which goal is more realistic?

Broker Account: you would need to consistently trade to make an ROI of 100,000% to end on $1,000,000

Ultra Capital Account: consistently trade a minimum of 6%-8% ROI to gain $100,000 account then grow by 30% ROI to have $1,000,000 under management and start making $65,000 per 10% you grow.

A prop firm can be any company that employ traders to trade with their own capital or liquidity for direct gain and/or profit.

A prop fund is a company that pools investor funding and capital and hires traders to trade allocations of the pool for direct profits and diversified risk in exchange for a fee or profit split that exceeds standard market return rates.
 

Since the rise of online retail trading, many opportunist companies have launched programs that imitate prop firms. They pay the small percentage of winners from most loser traders’ evaluation fees while taking a share of commissions and spreads from their brokerage partner.

Much like a casino, these firms do pay their winners fair share but do not have a long-term stable career path for professional traders, despite marketing that they do.

Although not illegal, the debate continues online as to how ethical these firms are in the long run and how long it may be allowed to continue despite the lack of regulation in many of the countries they are hosted from.

It is well known that most traders already have a high chance of failure. An even higher chance of losing all their money when they use leveraged accounts to try and turn a small balance into a large fortune.

But you need to have money to make money.

Trading with investment backing is a powerful and almost necessary path for most traders who want to trade professionally and break out of the 9-5 working society. It is a symbiotic relationship between spare capital and talented traders for hire which has a win-win outcome for both Investors who seek returns and Traders who seek larger amounts of capital so that they can risk far less over the long term and still make a reasonable income.

Even if you do not want to work for another company or an investor, using a Prop or Investor Capital in the short to medium term can help a trader fund their own bankroll to be able to be able to eventually grow a large enough balance to trade for themselves.

Whichever way you look at it, Investor Backing, whether by an individual, a prop company or a financial institution, is the only way to take control of your trading career and help you reach a level of success that few thought possible.

When you commit to a prop trading firm, the only risk you have is your commitment fee or plan charge. Prop Firms structure their evaluation programs to minimize risk to the overall pool of capital but at the same time, be able to review the performance showcased by potential talented traders.

That being said, there is always risk involved with whatever you do on the internet. You must take care to ensure your account details are protected and concealed and like any online service which accesses potential financial information, ensure you have done your research.

Ultra Capital Fund is an Australian ASIC registered company operating under Australian Consumer Law. You’re always safe with us!

There is no easy answer to this one. Each trader must analyse their own needs and choose what is best for them.

Some helpful tips to consider when choosing:
-    How much do I want to earn a week/month/year?
-    What is the best value plan for the starting fee I am prepared to pay?
-    How much budget of own capital do I have for prop fees in a year?
-    What plan suits my trading strategy and lifestyle?
-    What adjustments do I need to make to my risk management to ensure my strategy fits the prop risk requirements?

Profit Share, Scaling Amount, Withdrawal Policy and Risk Levels all contribute to what a trader will make from their strategy.

At Ultra Capital, we have focused on ensuring that our traders are the highest paid in the industry. We focus on giving retail traders the ability to earn consistently and provide a stable long term outlook.

Always consider Prop Funding that aligns with providing you a long-term successful career which will allow you to earn the most money! Choose the evaluation that your strategy can comfortably pass!

Due to Investor backing, Ultra Capital has developed unique and broad plans which can accommodate every type of retail trader and any type of risk adjusted strategy.

All Accreditation Programs share the same principle of rewarding genuinely consistent and profitable retail traders. They have just been tweaked to capture the cadence of each type of retail trader and the many strategies that are used.

All that is left to do is choose which one is right for your trading strategy, your risk tolerance and your lifestyle!

UltraSmart Funding Plan

Plan Structure: Preliminary Test Stage, Review Period, Performance Review.

Stage 1 Onboarding Stage (Launch Stage) – you will be given a short period of time of 1-2 weeks trading on an unmonitored account. This will allow you to review your trading strategy, ensure it is working as you expect and that it does not breach any rules. You cannot fail this stage or delay this stage. You can request to proceed to Stage 2 after a minimum of 7 days.

Stage 2 Review Period – After you have moved on from Stage 1, either by choice or by our discretion, you will be given your Review Account details. This account will be like your Launch Account, but it will have our AI Monitor applied and your Accreditation officially begins.

Performance Review – After completing all the milestones in the Review Period, our team will recommend you to our Investor Board who will finalize your accreditation.  

Compound your profit stakes to scale up to $2M!

•    UltraSmart Traders can scale their trading accounts up to $1,000,000.
•    UltraSmart $200k Plan Traders can scale their trading accounts up to $2,000,000.
•    Additional capital beyond the maximum may be available on a case-by-case basis.

LPM Tier Account Start Stake Target Max Loss
LPM Level 1 $25,000 $2,500 $2,000
LPM Level 2 $50,000 $5,000 $4,000
LPM Level 3 $100,000 $10,000 $8,000
LPM Level 4 $200,000 $20,000 $16,000
LPM Level 5 $400,000 $40,000 $32,000
LPM Level 6 $1,000,000 $100,000 $80,000
LPM Level 7* $2,000,000 $UNLIMITED $160,000


*UltraSmart $200k plan only

It doesn’t happen often but sometimes life gets in the way, or something changes that impairs a trader from being able to commence with us. We get it! Shit Happens!

During the Stage 1 Onboarding Stage, if for any reason you change your mind, cannot trade, are uncomfortable or unhappy for any reason with our services or our execution platform, you can request to withdraw from the Accreditation Program for a FULL REFUND.

Each symbol you have open positions on, must always have less than 2% of your current account balance, at risk of loss. This 2% amount is calculated and recalculated on all orders and order modifications. The UC AI Monitor will be strictly enforcing this rule.

(Total Amount of Loss if all Stop Losses are triggered on a Symbol) < (Account Balance * 2%)

IMPORTANT: Pending Orders and Limit Orders must ALSO have Stop Losses entered on them, at the time of entering your order.

There will be no exceptions, and no refunds for failing to enforce proper risk management.

You must always have an active Stop Loss on all Orders. This includes all Market, Pending and Limit Orders.

Any order received by the server, without an active Stop Loss, will be an automatic breach of risk management and will flag your account to be disabled.

To ensure you are not caught out by this strict but very necessary risk rule, please consider the following:

•    If using any Trade Copying Service or Expert Advisor, please use a “default stop loss” on your copy trades as this will safeguard a default stop loss will be placed should any connection issues or malfunctions occur.
•    For automated traders, this can be done automatically by ensuring your code uses Stop Losses upon entry.
•    For manual traders, you will need to ensure that you enter Stop Loss levels in the MT5 open order box where indicated. If you are worried about human error, there are many tools available for most trading platforms, that assist with Trade Execution and allow you to pre-set risk and stoploss level before opening orders.
•    For Trade Copiers: please ensure your trade copier copies stop losses. 
•    For Duplikium FREE Accounts: Please contact Duplikium to switch on this feature to enable Stop Loss copying for all Ultra Capital Fund traders. All PAID Duplikium subscriptions are not affected by this. 
 

Absolute Equity Drawdown of 8%.

Your account equity must not reach an amount that is equal to 8% of your starting account balance.

Example: If your account balance is $100,000, your account will be disabled once equity reaches $92,000:  $100,000 - (8% * $100,000) = $92,000

The Review Period Phase does not have a defined time but rather a minimum of 6 weeks and up to 6 months.

If a trader meets all risk requirements and can convincingly maintain profits and growth, the minimum time that a trader could be funded would be 40 days provided they made at least one trade per day for 6 weeks (6 weeks * 5 trading days per week = 30 days of active trading)

Trader’s have up to 6 months to meet all risk requirements and showcase their ability to maintain profits whilst growing the account in a fashion that convincingly shows a high probability of long-term growth.

An active trading day is:

•    Any day where a new trading position is opened is counted as a single active trading day.
•    Days where multiple positions are opened only count as a single active trading day.
•    Positions that roll over multiple days only count as a single active trading day.

The minimum account growth required to be eligible for Investor backing is 6%.

(Starting Account Balance) + (Starting Account Balance * 6%)

Although 6% is the minimum growth that is required, it should not be considered as an isolated target or finish line.

All other requirements must be met before a trader requests their performance review for investor backing.

There is no Total Exposure Limit for this Plan.

The leverage applied to this plan is 1:8.

1:8 leverage is equal to a margin requirement of 12.5% to maintain open positions.

You can hold positions through weekends.

You can hold positions overnight.

You can hold positions through major and minor news events.

Whilst you may hold trades through all these conditions, we encourage our traders to always consider the economic environment and mitigate risk where applicable to protect capital.

All 28 derivatives/combinations of the Global Major Currencies: AUD, NZD, EUR, USD, GBP, CHF, CAD, JPY, plus Gold & Silver

Please refer to the tables below for a comprehensive list.

Forex
EURUSD GBPUSD USDCHF USDJPY
USDCAD AUDUSD NZDUSD  
AUDNZD AUDCAD AUDCHF AUDJPY
CHFJPY EURGBP EURAUD EURCHF
EURJPY EURNZD EURCAD GBPCHF
GBPJPY CADCHF CADJPY GBPAUD
GBPCAD GBPNZD NZDCAD NZDCHF
NZDJPY      

 

Martingale, Variations of Martingale, High Frequency (HFT) and any high risk-taking Expert Advisor or Paid Robots are not allowed on this Plan.

Hedging is not allowed.
EA’s are allowed as long as they do not breach any of the high risk guidelines. 

Martingale is an automatic failure if detected. It is defined as:

Whilst an order is open and in drawdown, an additional order is placed on the same symbol in the same direction that is great in size than any existing order on the same symbol.

Example: If you have a BUY order of 1.0 lot open and in negative equity, any additional BUY order on the same symbol of 1.01 lots or above will be flagged as a breach for Martingale or a variation of Martingale.

The UltraSmart Funding Plan requires that a trader can convincingly maintain growth and profits to find long term traders who show patience, discipline and consistency.

Measuring a net positive outlook includes but is not limited to:

  • A positive Profit Factor, the higher the better.
  • Positive Gain Expectancy, a metric which shows the overall risk profile of the results. It shows not only how a trader can win but also how a trader can manage risk and protect capital while in drawdown.
  • A period or sample size of results that can convince an investor that the growth was not only luck but aligns with making and maintaining profits whilst protecting capital.

Once you have achieved all goals and milestones of your Accreditation, the PGO status will change:

Status: Pending
You are still working towards completion.

Status: Reviewing
Our AI Monitor and Team are checking the metrics and growth outlook of your trading results and will send you an email with the preliminary results and recommendations to complete your accreditation. If your results check out, we will advise you to opt in for Investor Review. Make sure you do not close out all your trades or stop trading.

Status: Assessing
When you opt in for Final Performance Review, this concludes your Accreditation as we present your results to our investors for funding. This is usually completed within 1-3 working days (24-48 hours). Please see more information in the "Pre-Funding Process" section of our FAQ.


IMPORTANT: Do not stop trading as soon as you hit the minimum target of 6%. 

The Positive Growth Outlook Milestone will show "Reviewing" when we are checking your results for ongoing growth and risk management. We will be in touch shortly after to advise the next steps.

Do not exit and close all your trades until they have run their course.

In most cases, if your results witness a pattern of good money management that has good wins and good losses, we will be happy to put you forward for the performance review by our Investor Board.

If in doubt, please do not hesitate to contact our risk team on risk@ultracapitalfund.com

UltraFast Funding Plan

The UltraFast Funding Plan

The UltraFast Funding Plan is a rapid, agile and flexible fan favorite of the prop industry.

It is designed to push every facet of a trader’s technical and mental skills whilst filtering out any traders who do not have consistent risk management.

Variants: UltraFast 100 (1:100 Leverage), UltraFast 200 (1:200 Leverage)

Plan Structure: Stage 1, Stage 2, Funding.

Stage 1 (Sprint) – you have 30 days to sprint to 8% Profit without losing 5% in 1 day or 10% absolute drawdown. The sprint stage shows us how you combine superior risk management, money management and leverage management to extract profits from the market.

Stage 2 (Maintain) – After you have successfully completed the Sprint, we will issue a new account for you to show us how you can maintain profits. You are only required to make half the growth within double the amount of time, as Stage 1.

Funding – Once you achieve the 4% target within 2 months, you will be issued funding. No growth outlook metrics are required since both Sprint and Maintain stages validate this.

Compound your profit stakes to scale up to $2M!

•    UltraFast100 Traders can scale their trading accounts up to $1,000,000
•    UltraFast200 Traders can scale their trading accounts up to $2,000,000
•    Additional capital beyond the maximum may be available on a case-by-case basis.

LPM Tier Account Start Stake Target Max Loss
LPM Level 1 $25,000 $2,500 $2,500
LPM Level 2 $50,000 $5,000 $5,000
LPM Level 3 $100,000 $10,000 $10,000
LPM Level 4 $200,000 $20,000 $20,000
LPM Level 5 $400,000 $40,000 $40,000
LPM Level 6 $1,000,000 $100,000 $100,000
LPM Level 7* $1,500,000 $150,000 $150,000
LPM Level 8* $2,000,000 $UNLIMITED $200,000


*UltraFast 200 plans only

During the Stage 1 Sprint Stage, if you run out of time to make 8% and your account balance finishes in a positive gain (above your starting balance), you will be allowed to start over at no cost.

Although we strongly advise you to always use stop losses, there is no strict stop loss requirement for any of the UltraFast Plans.

Absolute Equity Drawdown of 10%.

Your account equity must not reach an amount that is equal to 10% of your starting account balance.

Example: If your account balance is $100,000, your account will be disabled once equity reaches $90,000: $100,000 - (10% * $100,000) = $90,000

Do not lose more than 5% of your account balance in a single 24-hour period.

Example: If your account balance at the start of the day is $100,000, your account will be disabled if your equity hits $95,000 on the same day.

$100,000 - (5% * $100,000) = $95,000

UltraFast Traders have a total of 90 days, up to 30 days on Stage 1 and 60 days on Stage 2, to meet all risk requirements and showcase their ability to maintain profits whilst growing the account.

If a trader meets all risk requirements and can maintain profits and growth:

UltraFast100: The minimum time a trader can advance through both stages and be funded is 30 days.

UltraFast200: The minimum time a trader can advance through both stages and be funded is 20 days.

The total profit target for UltraFast is 12%.

Stage 1: (Starting Account Balance) + (Starting Account Balance + 8%)
Example: $100,000 + (8% * $100,000) = $108,000

Stage 2: (Starting Account Balance) + (Starting Account Balance + 4%)
Example: $100,000 + (4% * $100,000) = $104,000

There is no Total Exposure Limit for this Plan.

You can hold positions through weekends.

You can hold positions overnight.

You can hold positions through major and minor news events.

Whilst you may hold trades through all these conditions, we encourage our traders to always consider the economic environment and mitigate risk where applicable to protect capital.

All 28 derivatives/combinations of the Global Major Currencies: AUD, NZD, EUR, USD, GBP, CHF, CAD, JPY, plus Metals & Oils, plus Indices plus a selection of Cryptos, plus a wide variety of Stocks.

Please refer to the tables below for a comprehensive list.

Forex
EURUSD GBPUSD USDCHF USDJPY
USDCAD AUDUSD NZDUSD  
AUDNZD AUDCAD AUDCHF AUDJPY
CHFJPY EURGBP EURAUD EURCHF
EURJPY EURNZD EURCAD GBPCHF
GBPJPY CADCHF CADJPY GBPAUD
GBPCAD GBPNZD NZDCAD NZDCHF
NZDJPY USDZAR    

 

Metals And Oil
XAUUSD XAGUSD UKOil USOil

 

Indices
SPX500 US30 NAS100 UK100
GER30 FRA40    

 

Crypto
BTCUSD LTCUSD ETHUSD DASHUSD

 

Stocks
AAPL ADSGn AIG AIRF.PA
ALVG AMZN AXP BA
BABA BAC BAYGn BBVA.MC
BMWG BNPP.PA C (Citigroup) CBKG
CSCO CVX DAIGn DANO.PA
DBKGn DPWGn EBAY EONGn
F (Ford MC) FB FDX GE
GOOG GS HLT HP
IBE.MC IBM ILMN INTC
JNJ JPM KO LHAG
LVMH.PA MA MAP.MC MCD
MSFT NFLX ORCL PFE
PG QCOM RACE SAN.MC
SIEGn SOGN.PA T (AT&T) TEF.MC
TEVA TOTF.PA TSLA TWTR
V (Visa) VOWG_p XOM  

Martingale, Variations of Martingale, High Frequency (HFT) and any high risk-taking Expert Advisor or Paid Robots are not allowed on this Plan.

Grid Trading is Allowed.

Hedging and Stacking are only allowed on the UltraFast200 plans.

Martingale is an automatic failure if detected. It is defined as:

Whilst an order is open and in drawdown, an additional order is placed on the same symbol in the same direction that is great in size than any existing order on the same symbol.

Example: If you have a BUY order of 1.0 lot open and in negative equity, any additional BUY order on the same symbol of 1.01 lots or above will be flagged as a breach for Martingale or a variation of Martingale.

There is no requirement for Consistency or Positive Growth Outlook with any of the UltraFast plans.

You are only required to pass the targets within the timing and risk parameters to pass.

Pre-Funding Process

We acknowledge that every trader’s approach and style is unique and this translates to unique and different real world results when you take a strategy and deploy it directly into a raw institutional execution account.

The Ultra Capital Accreditation Program is designed to provide a simulated live environment with real world spreads, volatility, pressure and market challenges, to enable a trader to showcase their technique and abilities under the same execution environment of what real world institutional traders undertake every day.

As a result, the program refines and guides our clients into the focused institutional mindset required to be a long term professional trader and remain at the top of the game.

Our approach to finding traders differs from almost all other Prop Firm Challenges.
We deploy an AI Algorithmic Engine to actively pre and post review a trader’s Strategy, Execution, Risk Profile, Behaviour and Performance.

The trader is required to showcase that they can meet all risk requirements and can convincingly maintain profits and growth within the environment.

We take a holistic approach to funding talented money managers which at times may require more than the minimum requirements to ensure consistency for our investors.

Each Plan is designed differently to capture a variety of different styles and approaches. The structure of each plan may include but are not limited to variations in Risk, Leverage, Time Periods, Drawdown tolerances and more.

Although the structures of the plans differ, each shares the same progression construct:

1.    Application
2.    Review Period
3.    Final Review
4.    Contract & Funding

Whilst it is true that we want to find and hire as many good traders as possible, we request that the following requirements be met before you apply for our Accreditation Program to be considered for live funding:

1.    Have a good understanding of your Trading Strategy, Trading Plan and Trading Psychology.
2.    Be over 18 and meet all tax requirements to undertake contractor work in your country/jurisdiction
3.    Be informed about and have experience in trading FX/CFD/Futures.
4.    Be ready to commence your Accreditation Program upon acceptance.

It will take roughly between 12-36 hours for our Accreditations Team to review your application.

The Review Period is the time period given to a trader within an Accreditation Plan, to showcase their trading strategy, risk management and trading behaviour to be considered for investor backing.

The performance review is the final stage before funding is awarded. If you have met all milestones, we will advise you to conclude any active trade orders and once your terminal is clear, we will put you forward to our Investor Board with a recommendation to fund you.

This process can take 24-48 hours and concludes with the trader being funded, the trader failing and being offered options to re-attempt or the trader being refunded.

The UltraSmart Review is conducted through an AI engine which profiles long term consistency. The UltraFast Plan does not require statistics driven consistency to be funded.

We are looking for traders who have a good understanding of their trading strategy, good experience with risk management and a keen focus on protecting capital as well as maintaining modest growth.

Our investor board is looking for traders who not only meet all the risk requirements but also have results that convincingly show that a trader knows how to make and maintain profits in line with a risk profile of long-term growth.

The Accreditation Commitment fee is the contribution you make to back yourself. With most things that involve monetary risk, there needs to be a consideration to show that you are dedicated and have a psychological obligation to the process- we need to know that the effort we put into finding good traders, will be taken seriously. As the saying goes, “money talks!”.

In essence, you are paying for the opportunity to prove yourself eligible, according to the risk policies and rules set by our Investor Board, and a contract is in place for you to be inducted as a Live Portfolio Manager, trading capital on behalf of Ultra Capital Fund. 

The fees you pay are not an investment and are not redeemable. They cannot be withdrawn or paid back to you. The fees we charge for our services are used to continue to provide cutting edge support, innovative and unique ways for traders to become backed by Investors and live their best lives. We do not profit until you profit.

No, the Accreditation Commitment Fee is the only contribution charge you make.

Generally, up to 2 weeks. If you require longer, please provide us details and we will submit the request to our investor board for approval.

In some rare cases, a member of the team may advise if you are eligible to change your plan for an administration fee due to promotional reasons or technical issues.

But for majority of Accreditation Plans, we cannot accommodate Plan Changes, so choose wisely!

Post-Funding Process:

An Ultra Capital Live Portfolio Manager (LPM) is a Trader who has completed the Accreditation Review Program and displayed Risk Management and Trading Behaviour which is approved by our Investors.

Once a Trader has displayed metrics and traits which align with our Risk Policies and have been approved by our Investor Board, Ultra Capital Fund enters into a contract with our Liquidity Supplier for a Live Funded Account, which you will trade as a contracted LPM trading on behalf of Ultra Capital Fund.

To be contracted by Ultra Capital, you will be required to:

•    Provide personal particulars and details
•    Provide 100 Points of I.D and verify your identity
•    Provide suitable details for payments to be made to you. Ie, PayPal, Wise, Bank Account, pre-approved crypto wallet.
•    Be eligible to work or be sub-contracted to an Australian company and not impaired by any international sanctions or requirements to be contracted to work for an Australian business.

Currently, there is no option to do this. In the future, Ultra Capital is looking into plan options where proven professional traders can provide a hedge deposit against an instant live funding account.

No. Once you are backed by our Investors, there is no longer a time limit or performance target that you need to maintain to remain funded.

Consistency may be considered if any additional capital upgrades are requested.

Yes. The purpose of the Accreditation Program is to provide a realistic structure and guidelines and simulate the identical trading environment you will be in after we hire you to trade investor capital. We expect you to trade with the same consistency and reliability as you did during your Review Period.

This means all risk related rules, such as Drawdown, Risk Percentage, Leverage/Margin Requirements and Symbols to Trade will remain the same.

No, there are no other costs that you will need to pay to Ultra Capital once you are hired to trade investor capital for us.

The amount of capital you will start trading with will be as indicated by the Accreditation Plan you choose.

Example, if you apply, choose and pay for a $100k Accreditation Account, upon being approved, our Investors will provide us an account of $100,000usd for you to trade on our behalf.

You will not be liable to pay back or pay for for any losses incurred on any Live Account that we facilitate for you and that you trade on our behalf.

Yes, we offer the ability for you to upgrade your trading account balance. According to the scaling policy of the Accreditation Plan you are on; you can stake a percentage of profits gained in exchange for more capital.

For most Plans, you can stake as little as 10% to gain a whopping 100% increase to your account balance!

See the Scaling Plan for your chosen Accreditation Plan for more information.

Depending on the Accreditation Plan chosen, the maximum capital that we will guarantee to fund to is $1,000,000usd or $2,000,000usd. Capital upgrades further than this amount is negotiable on a case-by-case basis.

Like financial term deposits or staking in cryptocurrencies, Ultra Capital's Profit Staking is where you can delegate a percentage of your profits in return for more capital trade.

Staking is an exclusively flexible option for Ultra Capital's Traders, allowing you to scale up to capital account balances of up to $2,000,000. The higher the capital account balance you manage, the higher the profit split and the more profits you earn!

In the current Scaling Plans, if you choose to stake profits equal to 10% of your LPM Tier Starting Balance, we will promote you to the next tier and double your account balance according to the LPM Scaling Plan!

You can withdraw your profits that you have staked at any time. However, if you withdraw your staked profits, we will withdraw the additional capital associated with your stake.

A stake of any kind is one of the hallmark proofs that investor capital is used to back traders (See Funding Scams & Fake Funding) and although can be called a variety of different terms, staking or capital buffer is a common requirement of most traditional and genuine online proprietary trading companies who are regulated.

No. You do not need to stake your profits. The choice is completely yours to run your trading career and business as you see fit.

The benefit of staking is that you will have the full power of additional capital to continue earning up to 5x what you would make on your original plan starting balance.

However, you are welcome to stay on your base LPM Tier and scale up your profit share as per normal.

Examples: 
Trader started on LPM3 $100k account, has scaled to 80% Profit Share by making 4x withdrawals above 5%.

Trader grows their $100,000 account by 15% to $115,000.

Trader has 2 options:

1.    Trader submits for withdrawal of $15,000 and is paid out $12,000 ($15,000 * 80%)

OR

2.    Trader submits to scale from LPM3 -> LPM4 and stakes $10,000 of the profits (10%)
Trader submits for withdrawal of the remaining $5,000 which is taken from the trading account.
Trader is paid out $3,500 ($5,000 * 70%)
Trader’s account balance is topped up to $200,000 (LPM4)
Trader remains at a profit share of 70% but is now earning more, faster!

15% Payout at LPM3 80% Profit Share = $12,000
15% Payout at LPM4 70% Profit Share = $21,000
15% Payout at LPM5 70% Profit Share = $42,000!

You may withdraw staked profits at any time by requesting withdrawal and the additional capital for staking will be taken from the trading account. You will not lose your original profit share tier.

Currently, there is no option to do this. In the future, Ultra Capital is looking into plan options where proven professional traders can provide a hedge deposit against an instant live funding account.

You will be refunded any Accreditation Fees upon Completion in accordance with the Payments and Refunds Policy of the Plan you have chosen.

Refunds for Completion will be paid to you with your first withdrawal.

On the 24th of each calendar month, you will be required to submit a withdrawal form.

Your first withdrawal can be requested once you achieve a minimum of 5% growth on your live account. Subsequent withdrawals can be requested for any amount that is available in line with the withdrawal policy.

LPM’s need to send a withdrawal request invoice by the 24th of each calendar month. Profits are withdrawn from the account on the 25th.  For more information, please see our Withdrawal Policy.

If eligible, you are able to submit a withdrawal request once per month.

Bank Transfer: we can send your payments to your nominated bank account in your country using AUD, CAD, GBP, USD or EUROs.

Wise (formerly Transferwise): We can send payments in 56 currencies using Wise and they are adding more countries every day. Wise also is one of the least expensive, if not the cheapest global fiat money transfer company in the world today. We are not a partner nor affiliated with Wise at all.

Crypto Currency: we can send your payments to your nominated Crypto Wallet. BTC and USDC are our preferred tokens for payment however, we can send your profit payments to ERC20 of the following tokens:


PayPal: we can send your payments to your PayPal account.

The Wise Payments System is by far, the most cost-effective way to be paid for your profits as other banks/methods may charge you fees for sending and receiving your funds.

If you would prefer to use an alternative method, our team are always willing to try accommodating.

Please send us an email and we will do our best to assist!

Systems & Support

We use the ECN Platform TCBridge, which provides deep liquidity and fast institutional execution through secure private direct access to the market.

We provide a Best Practices Guide, Technical Support Guide and Trading Tools Section within the Client Portal for Ultra Capital traders.

Spreads are typical for an ECN (Electronic Communications Network) trading account.

Commissions vary depending on the account you prefer.

1) ECN Standard Account
The industry standard ECN account offers competetive raw spreads with $7 round turn per lot commissions.

2) ECN Swap Free Account
The ECN Swap Free accounts incur a slightly higher commission of $8 round turn, per lot.

Islamic law states that any activity in a business or contract that includes charging and receiving riba or interest is strictly forbidden.

Swap Free accounts are available upon request when completing your Ultra Capital Fund application.

The server times are based on GMT +2/+3 depending on daylight savings.

MT5 Terminal Accounts are the Property of TC Capital LLC and are not transferrable to any other individual or entity.

Ultra Capital Fund exclusively uses MetaTrader5 for trading execution.

MT5 is a widely popular, reliable and highly supported trading terminal. 

You can find out more about MetaTrader5 from the Metaquotes website.

Note: Starting from MT5 build 2361, MetaTrader 5 is no longer supported on 32-bit operating systems. Please ensure your Operating System is 64-bit compliant.

Yes. However, you must be aware of how your software behaves and works and ensure that it copies cleanly. We are not able to refund or reset accounts that breach due to software bugs or user error or if your software does not behave within the risk guidelines set.

For stop loss settings, simply test your trade copier/EA/Software and see how it operates, be familiar with the settings, watch your trades as they are copied in real time, and keep an eye out for irregularities. Adjust on the fly and tweak your setup. (You can use one of our demo accounts OR for UltraSmart traders, this is the purpose of using your Stage 1 Launch Account so you can test before commencing your review).

Important Note for UltraSmart Reviews: If you are using a trade copying service or expert advisor, please ensure you set up a "default stop loss" on your copy trades, so that if for any reason there is a lag in system or connection, every order placed by your trade copier will have a stop loss on them that can be manually modified to suit once the trade is copied.

You are allowed to have up to 3 accounts at the same time.

This can potentially mean up to, 3x the profit payouts, 3x the capital allocation or a mixture of UltraSmart and UltraFast accounts to run multiple strategies without needing to worry about breaching risk or rule guidelines.

To open an additional Accreditation account:

  1. Click Apply on the desired accreditation plan card
  2. Fill in your application as per normal
  3. Ensure you use a different user name to your previous accounts.

Optional Tip: for ease of management and remembering your logins, use similar user names such as username1, username2, username3, etc.

Yes. Trading multiple accounts, even if they are all the same type and strategy, presents additional situational and executional risk.

Previous to 2022, traders could only ever have one account at a time. As part of being able to offer additional accounts, investors require accreditation on an account by account basis to mitigate unknown executional and system risk along with the risk of any account loopholes or stacking abuse.

Even though a trader could  use the same successful strategy on all 3 accounts, we have no ability to safeguard or mitigate risk of deviation after the accounts are allocated. Just because a trader has traded successfully on one account, does not automatically mean they have the ability to trade 3 accounts identically and with the same psychological disposition, or technical consistency.

If the logic were as simple as that, investors would allocate max capital to anyone who could pass. Similarly, it makes no sense to triple the capital downside risk when allocating to a trader based on their single account results without reviewing their ability to successfully grow and maintain multiple accounts within the same environment simultaneously. Re-confirming accreditation on an account by account basis, validates and verifies this.

About Ultra Capital Fund

Ultra Capital Fund is an Australian Registered, ASIC Regulated fintech and trading referral platform which specialises in recruiting, accrediting and contracting consistent FX/CFD traders for our global investor partners.

Ultra Capital Fund is headquartered in a shared office environment in Sydney, Australia.

We adopt a fluent remote office structure with staff outside of Sydney adopting flexible remote office arrangements and have an equal opportunity employment policy.

Ultra Capital Fund is not a financial services provider and does not hold an Australian Financial Services License as it is providing a fintech referral platform and service and not investing customer or client funds.

We are not a broker or bank or investment company, we do not give any financial advice nor directly provide any financial products or services to customers.

Inversely, Ultra Capital Fund is a wholly owned and operated Australian Registered Company whose registration and business compliance is regulated by ASIC, the Australian Consumer Law (ACL) which provides consumer guarantees, fair trading laws governed by the Australian Competition and Consumer Commission and Australian company director obligations legislated within Australia by the Corporations Act 2001.

Ultra Capital Fund is an authorized recruitment partner for Prime Bridge LLC, our regulated and funded capital partners and Investor backed liquidity provider.

Ultra Capital provides a fintech referral platform and system for accrediting, reviewing and matching traders to wholesale liquidity and investor pools.

Ultra Capital Fund has been accrediting and successfully endorsing traders for investor backing since May, 2021.

Our official Business and Support hours are:

Monday to Friday
23:00-05:00 GMT
(09:00-15:00 AEST)

Ultra Capital staff often work on account creation and support issues outside of those hours, but there is no guarantee that correspondence can be answered outside of the official business hours.

Please be patient, and rest assured any questions or support requests will be actioned promptly.

Unlike other traditional prop companies, Ultra Capital does not provide any training academy or educational program. We are purely set up to recruit existing experienced traders.

See Ultra Capital Fund Company Obligations and Regulations.

Unlike many countries worldwide that are not thoroughly regulated, Australia has very strict laws which govern and mandate business compliance and consumer protection.

It is a serious offence that is personally punishable for an Australian Company and its Directors to conduct any illegal business activities or provide any illegal services or cause financial loss to consumers within Australia or abroad.

See ‘Ultra Capital Fund Company Obligations and Regulations’ and ‘How do I know Ultra Capital is not a scam?’.

In today’s fast paced global economy, it is healthy to be sceptical. There are countless false prop firms around the world who, although not providing a traditional prop trading service by definition, are misleading consumers by providing a service more aligned to a game at a Casino (without gaming regulation) than a financial career that a trader can rely on for a living. But even Casino’s who profit from gamblers losing, still pay their winners.

As Ultra Capital is still new and our genuine but unique approach to finding and funding traders takes time to work through, there are not 1000s of traders sharing screenshots of bank statements (yet) and we hope that our traders remain professional in the future when it comes to this.

It is not hard to ‘photoshop’ an online screenshot of a bank statement and misrepresent or outright fabricate “payment proof” and we would encourage any serious trader to reconsider believing anything like this. Any online service which sinks to providing such deceptive imagery to try and prove they are legitimate, is likely trying to use this smokescreen to hide real legitimate proof of regulated operations.

It is fine for a trader to share or gloat about their recent payout, but even an FX/CFD broker would never breach confidentiality and share payout information of its clients. Neither do real prop companies.

To provide further transparency on the legitimacy of our operations, we have shared a variety of supporting proofs to give confidence to any traders who have a healthy dose of scepticism:

•    TrustPilot: 4.5 Stars – Real Testimonials & Fraud Protection
      https://www.trustpilot.com/review/ultracapitalfund.com

•    Community and Word of Mouth: We work with hundreds of real traders in a variety of communities. Reach out and talk to some of our traders in communities such as the NNFX Discord Community and more.
      https://discord.gg/BenQTmN

•    Australian Law and Regulations- through compliance and regulation, we are liable.

•    PayPal Buyer Protection & Trackable Transactions- we only use reputable and third party insured, trackable methods of accepting payment. 

•    We put our name to the UltraSmart 100% Money Back Guarantee- as we have previously described, so there is no ambiguity, we warrant our services with a guarantee (yes, it’s another Australian protection to be warranted!)

We have been tempted to share payout data with the world, but we strongly believe actions speak louder than words.