What is the CEED.incubator?
The CEED.incubator is a prop trader trainee program that provides new traders from Central and Eastern European and Developing countries with trading and intellectual seed capital to start their trading career.
How does the Prop Trader Trainee Program work?
After completing the required course modules and passing the final exam, you will trade for 1 month on a simulator to get familiar with the trading platform and the daily workflows. There is NO profit target in this period, but you are required to follow the risk rules.
At the end of the simulator period, you will be asked to submit your completed trading plan based on the provided template. Upon final approval, you will start trading a real-money account following defined risk and performance parameters.
What are the parameters in the live-account?
These are your initial account parameters which may increase/decrease over time based on your risk-adjusted returns and account equity:
- – buying power of $20,000 (up to $1,000,000)
- – profit payout of 80% (up to 85%)
- – commission rate of $0,0035/share or $3,50/1,000 shares (as low as $0,002 per share)
Initial risk limits, which will increase with growing buying power:
- – daily loss limit (DLL) equal to 0.5% of buying power
- – weekly loss limit equals 3-times DLL
- – max drawdown $2,000
The number of available spots in this competitive program is strictly limited so that we can dedicate appropriate time and resources to each trader.
If you are an experienced profitable trader looking for more buying power and lower trading commissions, please check out the CEED.trader Group.