UltraSmart Accreditation Plans


UltraSmart Accreditation Plans

The most achievable prop program in the world!

"It is a lot easier to earn a stable income with a large account balance, than it is to turn a small balance into a fortune"

In 2021, Ultra Capital Fund changed the Prop Market globally by releasing a Program that is engineered to pass as many traders as possible safely and reliably.

In 2022, Ultra Capital launched the Ultra8 Platform, in conjunction with award-winning global broker, EightCap, which has increased the profit share significantly, increased the probability of passing and allowed investors to safely contribute to a safe, regulated platform with stable returns.

The first of its kind, the program allows traders to take their time to show skills in risk-managed gains. With a generous drawdown that is larger than the profit target, traders can focus on building a strong growth outlook that our investors can really get behind!

What kind of trader suits the Ultra8 Smart Plan?
Don’t be fooled by what looks like low leverage, the plan is designed to scale up account balances fast, so that you can start earning large profit amounts without using high leverage or risk.

Due to the low risk and AI Monitor, the rules for passing are tailored to be very lenient and achievable.

  • Discretionary Traders
  • Swing & Position Traders
  • Automation and Portfolio Managers 
  • Any trader whose strategy uses profitable money management for growth.

 

 

Ultra8 Smart
Accreditation


$25,000
 
One Time Fee: $179 USD
  • Starting Balance: $25,000
  • MIN Profit Target: $1,500 (6%)
  • MAX Drawdown: $2,000 (8%)
  • Stop Loss: MAX 2%
  • MAX Time: 180 Days
  • Gold+Silver Optional
  • Scale Up To: $1,000,000
Apply Now

Ultra8 Smart
Accreditation


$50,000
 
One Time Fee: $285 USD
  • Starting Balance: $50,000
  • MIN Profit Target: $3,000 (6%)
  • MAX Drawdown: $4,000 (8%)
  • Stop Loss: MAX 2%
  • MAX Time: 180 Days
  • Gold+Silver Optional
  • Scale Up To: $1,000,000
Apply Now

Ultra8 Smart
Accreditation


$100,000
 
One Time Fee: $460 USD
  • Starting Balance: $100,000
  • MIN Profit Target: $6,000 (6%)
  • MAX Drawdown: $8,000 (8%)
  • Stop Loss: MAX 2%
  • MAX Time: 180 Days
  • Gold+Silver Optional
  • Scale Up To: $1,000,000
Apply Now

Ultra8 Smart
Accreditation


$200,000
 
One Time Fee: $899 USD
  • Starting Balance: $200,000
  • MIN Profit Target: $12,000 (6%)
  • MAX Drawdown: $16,000 (8%)
  • Stop Loss: MAX 2%
  • MAX Time: 180 Days
  • Gold+Silver Optional
  • Scale Up To: $2,000,000
Apply Now

 

Rules & Guidelines

The following rules & guidelines apply to all traders who trade under the Ultra8 Smart Accreditation Program Plans from Ultra Capital Fund. 

1.    The Ultra8 Smart Accreditation Program lasts for a total of 180 calendar days. Starting from the day of your first trade on the account and/or within 7 days of receiving your credentials.

2.    There will be an “Orientation Period” for the first 14 days of your Accreditation where you will be able to settle in to trading without fear of disqualification due to risk breaches. Trades during the “orientation period” will count towards your accreditation progress.

3.    You can complete the UltraSmart Accreditation in a minimum of 30 minimum trading days so far as all other requirements are met.

4.    You must execute all orders and trades with a Stop Loss.

5.    You must not risk more than 2% of your account balance on any given Symbol or Pair.

6.    3 Strike Rule: Traders will have a limit of three mistake occasions on risk related breaches (Stop Loss and 2% risk rule). Upon receiving the third strike, the trader’s accreditation progress will be automatically terminated, and the trader will be required to reset.

7.    Strikes will incur a fine which will need to be paid to continue trading. see Ultra8 FAQ or terms and conditions for more information.

8.    Martingale, Martingale variants, High Frequency Trading (HFT), Grid Trading, Hedging and Stacking are not allowed.

8.    The Investor Board reserves the right to extend the length of the accreditation if the results of the trader are not conclusive and more time is required.

9.    Hedging is not allowed.

10.    The minimum profit target to be considered for funding is 6%.

12.    The maximum drawdown allowed is 8% below your starting balance.

13.    The accreditation commitment fee will be refunded back to you with the first profit share redeemed after you pass the challenge.

14.    In the rare occurrence your trading strategy doesn't align with our investor’s risk appetite, we reserve the right to offer a refund or issue a new Accreditation account at no cost.

15.    The leverage on the Ultra8 Smart plan is 1:10

16.    You are allowed to trade Major and Minor Forex Pairs and limited exotic Forex Pairs and Gold & Silver (as an additional add-on)

17.    After completing the Ultra8 Smart Accreditation, you will be able to participate in the Withdrawal Plan and Scaling Plan. You will no longer have a time limit or profit target. 

*updated 16/06/2022

The UltraSmart Payment Policy:

•    Your first withdrawal can be made once you reach or grow on or above 5% on your live account.
•    You must submit your withdrawal request onor before the 26th of every month.
•    Withdrawals will be processed from the 28th of every month and paid from our Investors between the 28th to 30th/31st day of every month.
•    Payments will be made to your nominated payment method, whether it be Bank Account, Wise, PayPal or Crypto Wallet. Conversion and Transfer Fees may apply depending on your chosen method.
•    If you have any open positions upon the withdrawal cut-off time, withdrawals will only be made if the funds are cleared and available to do so in your account. If they are not, the withdrawal request will be failed and need to be resubmitted the following month.

The UltraSmart Profit Share Policy:

Our UltraSmart Profit Share Tiers are designed to reward consistent traders fast. 
•    The UltraSmart LPM will start with a Profit Share of 60%
•    For each withdrawal of 5% of your account starting balance, your Profit Share Tier will increase by 5%!
•    You can scale your profit share tier all the way up to 80%.
•    You can withdraw any amount of profits you have earned in every pay cycle, however, only withdrawals above 5% of your starting balance will qualify for a Profit Share increase.

Example: 
Trader starts on LPM4 $200k account with 60% Profit Share.
Trader grows their $200,000 account by 6% to $212,000
Trader submits for withdrawal and $12,000 is withdrawn from the account
Trader is paid out $6,600 ($12,000 * 60%)
Trader’s account balance after withdrawal is back to $200,000
Trader’s new profit share tier is 65%

The UltraSmart Accreditation Fee Refund Policy:

All traders who successfully complete Accreditation will be given a full 100% Refund of the Commitment Fee.

Accreditation Fee Refunds will be paid with your first withdrawal.

Traders who do not complete or successfully pass the Accreditation Program will not be eligible for a refund.

Traders who do not successfully complete the Accreditation in the time given will be able to re-attempt the Accreditation at a discretionary discounted cost if the account is in profit at the time of expiry and the trader's account is in good standing.

*updated 16/06/2022

•    Your profit share tier will remain the same and will not increase while staking capital.
•    You can withdraw your staked profits at any time, in alignment with the withdrawal policy. 
•    If you choose to withdraw your stake, your account balance will reset to your original plan starting balance.

Example:

  1. Trader started on LPM4 $200k account, has scaled to 80% Profit Share by making 5x withdrawals above 5%.
  2. Trader grows their $200,000 account by 15% to $230,000
  3. Trader submits to for LPM promotion and stakes $20,000 of the profits (10%)
  4. Trader submits for withdrawal of the remaining $10,000 which is taken from the trading account.
  5. Trader is paid out $8,000 ($10,000 * 80%)
  6. Trader’s account balance is topped up to $400,000!
  7. Trader remains on a comfortable profit share of 80% but is now earning double the profits from having an account double the size.

*updated 16/06/2022

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

•    Ultra8 Smart Traders can scale their trading accounts up to $1,000,000.
•    Ultra8 Smart $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 $200,000 $160,000


*Ultra8 Smart $200k plan only

Ultra8 Smart FAQ

Plan Structure: Orientation Period, Monitoring Period, Investor Review.

Orientation Period – upon commencing the Accreditation, the trader will be given a 14 day “grace period” for Orientation and easing into the program. During this first 14 day period, all trades will count towards your progress but any Strikes earned will not incur a fine and cannot cause the trader to be disqualified from the program. Confirming, you cannot be disqualified for breaches or strikes made during the orientation period. Ultra Capital may at their discretion, add on or remove any gains from trades that earn strikes on the trader's account balance. 

Monitoring Period – On day 15, our AI Monitor will be applied to your account and any strike or breach costs will no longer be protected by the orientation period.  

Investor Review – After completing all the milestones in the Monitoring Period, our team will recommend you to our Investor Board who will finalize your accreditation and advise next steps. 

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

•    Ultra8 Smart Traders can scale their trading accounts up to $1,000,000.
•    Ultra8 Smart $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


*Ultra8 Smart $200k plan only

The first 14 days of your Accreditation is classified as the "orientation period."

As it suggests, during this period of time, we recognise that a trader may be more prone to set up errors or mistakes. During this period of time, you cannot be disqualified or fined for breaching rules however, any strikes will still count.

If you use all your strikes during the orientation period, you will have no chances left.

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

The 100% Money Back Guarantee is only eligible for genuine reasons and refunds will only be issued if the account is in good standing and there are no reasons to believe that withdrawal from the program is caused by trading outcomes or behavior.

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.

Any order that is found to have exceeded the max risk of 2% (the AI will allow a small buffer for error) will be an instant strike (see 3 Strike Rule.)

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 strike (see 3 strikes rule)

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% less than your starting account balance

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

The Accreditation 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.

Traders are encouraged to consider their current progress within the first 3 months of their accreditation period to consider whether using a Tactical Reset or Tactical Extension will allow them to improve their current progress to pass.

The minimum account growth required to be eligible for review by the Investor board is 6%.

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

Traders who abruptly exit all trades once they cross the finish line may be required to continue trading for a time or revised target to show a capability to sustain the profit earned. Please calmly complete your accreditation above 6% before submitting for investor review.

The leverage for Ultra8 Smart is 1:10

1:10 leverage is equal to a margin requirement of 10% 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 FX Pairs Available. These include 28 derivatives/combinations of the Global Major Currencies: AUD, NZD, EUR, USD, GBP, CHF, CAD, JPY, plus Gold & Silver.

As well as every Exotic FX Pair available on the Ultra8 Platform. 

Warning! Exotic Pairs are tradeable. Please consider the liquidity and volatility surrounding exotic cross pairs and only trade these if you are fully aware of your capabilities and the price action of the symbols. There will be no refunds or credits for traders who lose to high spreads. 

Note: MT4 and MT5 Symbols may differ slightly.

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      

 

28 Additional Pairs on Ultra8

AUDSGD CNHJPY EURDKK EURHKD
EURHUF EURNOK EURPLN EURSGD
EURTRY GBPSGD MXNJPY NOKJPY
NZDSGD SGDJPY USDBRL USDCNH
USDDKK USDHUF USDHKD USDMXN
USDNOK USDPLN USDSEK USDSGD
USDTHB USDTRY USDZAR ZARJPY

 

Metals
XAUUSD* XAGUSD*

*available via plan upgrade at checkout.
Note: Symbols may be subject to change without notice.

Ultra Capital Fund, as a matching service to investors and funding partners, do not provide any trading platforms ourselves.

Liquidity provider partners such as 8eightcap provide both MT5 and MT4, and are licenced partners of Metaquotes.

MT4 - https://www.eightcap.com/en/trading-platforms/metatrader-4/
MT5 - https://www.eightcap.com/en/trading-platforms/metatrader-5/

Traders who undergo an Ultra Capital Fund Accreditation Program will utilize one of the licenced trading platforms provided by our liquidity provider partners.

Risk management matters!  Specific strategies or methodologies which our investors will not fund include:

  • Martingale, Variations of Martingale, High Frequency (HFT) are Strictly Prohibited. 
  • Grid Trading is not allowed
  • Hedging and Stacking are not allowed
  • EA’s are allowed as long as they do not breach any of the high-risk guidelines. 

Whilst an order is open and in negative equity, if an additional order is placed on the same symbol in the same direction that is greater in size than any existing order on the same symbol, this will be considered a breach of terms and depending on the severity of the infringement, Ultra Capital reserves the right to disqualify the trade progress, terminate the agreement or provide an alternative appropriate outcome to resolve the trader’s breach.

Example: If you have a BUY order of 1.0 lot open on EURUSD and in negative equity (drawdown), any additional BUY order on EURUSD that is 1.01 lots or larger will be flagged as a breach for Lot Size Scaling and the account may be disabled immediately without notice. Additional orders on EURUSD are allowed but must be equal to or smaller than the smallest lot size currently open on EURUSD.

The scope for risk is very large and we will work with every trader to mitigate risks and ensure fair and equitable trading.  Our investors always reserve the right to remediate and refer to the trader’s trading plan to compare.

Please ensure that you detail your strategies correctly in your application so that we can help you be aware of any concerns before you start.


Our investors reserve the right to not fund any strategy that they deem the results inconclusive, not convincingly consistent, and/or displays unreasonable risk to our systems, backers, or liquidity.

Dummy Trade/Lot Size Manipulation: A trade placed AFTER you have hit the profit target, that is not part of your trading strategy, and that is intentionally designed to minimize risk whilst fulfilling other risk management objectives (eg, min trading days).

Penalty: Disqualification
How to avoid: Keep trading your strategy as you have intended.

If you achieve the target but still need to continue to trade to fulfill other risk requirements on your dashboard, please ensure that you continue to trade in the same fashion as you traded to achieve the target. 

It is easy to spot if a trader changes the way they trade after achieving the target. Either by changing lot sizing, limiting the length of their trades, or changing their strategy to minimize any losses that occur after the fact.

Using dummy trades to bypass rules will not be tolerated and will disqualify you from your accreditation. Be reasonable. We want good long term career traders, not tricksters.


Our investors reserve the right to not fund any strategy that they deem the results inconclusive, not convincingly consistent, and/or displays unreasonable risk to our systems, backers, or liquidity.

100% Money Back Guarantee

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.

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

Ultra8 - Realistic, Achievable, Regulated.
 

100% Money Back Guarantee

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.

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

Ultra8 - Realistic, Achievable, Regulated.