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: 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 the re-insertion fee 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 any gains from trades that earn strikes, to the trader's profit target. 

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

One of our newest features for the Ultra8 Platform is the ability for any Accreditation Trader to reset their progress midway through the monitoring period to improve their chances of being funded.

Normally, if a trader was early in their journey and they made some critical errors likely to impact their chances of passing, there was no option but to keep trading and hope that they could make the target in the time remaining.

Using the Tactical Reset function, a trader can opt to sacrifice the potential time remaining in return for a discounted full plan cost to start their accreditation fresh again! 

This industry-first feature encourages traders to avoid making further costly errors and risky attempts to chase down the target from an equity position that has now become unrealistic to achieve. 

Tactical Reset is optional and the trader can choose if and when to execute the feature.

Examples of where Tactical Reset helps improve Trader chances:

A trader may be in drawdown by 2% just 2 months into their 6 month monitoring period. Achieving 8% profit within a reduced timeframe of 4 months might invalidate a strategy that is designed to make 6% profit with 6 months remaining.  Instead of spending the remaining 4 months trying to see if they rise above the odds of falling short and needing to repurchase the plan at a full price, the trader can reset the accreditation for discounted rate.

Additionally, a trader may have traded for 2 months and made some critical errors and find themself in 6.5% drawdown quite quickly. The trader may fix the issue with their trading but to now require 12.5% to pass, would be very hard to achieve with the time remaining.

Instead of abandoning the account or placing risky desperate trades to try and find some luck to win back what was lost,  the trader can choose to tactical reset, and start at 0%. If the trader had continued trading to recover the 6.5% they were in drawdown, they may have ended on break even! But the recovery has now earned them a 6.5% swing and passed the accreditation.

The purpose of the tactical reset and the migration is not to burden traders with having to start over with a new accreditation but to free them to improve their chances of passing from a fresh account balance. 

In our industry, often the biggest boost of a fresh account is a fresh mindset which is sometimes all it takes to pass and become a professional trader!

The Tactical Extension function is similar to the Tactical Reset. 

It allows a trader to tactically extend their accreditation time, to improve their chances of passing in return for a small cost to their journey.

Tactical Extensions are only available up to 90 days into a trader's accreditation journey.

Tactical Extension Add Ons:
1-Month Extension: $150 - adds 1 month to the time limit and 1% to the profit target. 

3-Month Extension: $350 - adds 3 months to the time limit and 3% to the profit target.

Conditions:
Only available on 50k, 100k, 200k plans.
Only one tactical extension is allowed per attempt unless reset.

Historically, the UltraSmart Plan has required strict adherence to risk requirements and any breach would result in an instant disqualification. Investors required assurance that all traders we presented would be able to consistently and flawlessly achieve the generous profit targets without any mistakes. 

With the launch of our Ultra8 Platform, Investors have now allowed us to implement a "3 Strike" system where a trader can commit 3 breaches before being disqualified and requiring a reset.

Our investor's strict requirement for risk has not changed, however, should a critical risk error be detected, a trader will now be suspended from trading and a fine will be required to be paid before the trader can continue. ($50 for first strike, $100 for second strike)

You cannot earn multiple strikes at the same time. If a trader breaches risk rules multiple times in a row, this will count as one strike occasion. Progress may not be counted on the outcome of the trades incurring the strike.

On the third strike, the account will not be unsuspended and a tactical reset can be used to refresh the same account.

During the orientation period, if for any reason you change your mind, cannot trade, are uncomfortable, or are 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.

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.

There is no Total Exposure Limit for this Plan.

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.

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.

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.

If you achieve the target but are 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. Mathmatically, this means to maintain the AVERAGE LOT SIZE that you used to achieve the target. 

Example: If you achieve the target in 5 trades and a total of 10 lots, the average lot size you used is 2.0 lots. Please ensure you stay within the average as you continue to trade to fulfill other requirements.

What not to do: If you passed with 5 trades, and the average lot sized you used was 2.0, you will be disqualified if you place trades that are obviously well below this size. Be reasonable. We want good long term career traders, not tricksters.

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

This requirement was retired in June, 2022 with the release of the Ultra8 Smart Funding plan. PGO is no longer required before being submitted to the investor board for review.

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% less than your starting account balance

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

Do not lose more than 5% of your daily 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 - (95% * $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  

Risk management is a broad topic and can be defined many ways however, our investors have a more defined set of requirements when it comes to managing risk with their allocated capital. These 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. 
  • Negative Lot Size Scaling

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 flagged as a risk management 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.

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 are proud to be partnered with leading global MT4 and MT5 broker, Eightcap Group and Eightcap Pty Ltd.

Eightcap is an ASIC regulated Australian Broker providing FX, CFDs, Stocks and Crypto Derivative to retail, institutional and sophisticated investors.

Using global liquidity providers allows our traders to attempt their accreditations with full confidence and peace of mind, with the very best spreads, liquidity, and platform experience available out of any prop firm on the market today.

We also use the ECN Platform TCBridge, which provides deep liquidity and fast institutional execution through secure private direct access to the market, for UltraFast funding and Instant Funding options.

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 MetaTrader4 and MetaTrader5 for trading execution.

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

MT4 is an industry-wide trusted trading terminal which is known for its vast collection of free indicators and plugins. MT4 is no longer supported by Metaquotes which has been discontinued, but we will continue to offer it until our liquidity providers no longer provide it's services.

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 3x Ultra8 Smart Accounts and 1x UltraFast account at the same time.

This can mean up to, 4x the profit payouts, 4x the capital allocation or a mixture of Ultra8 Smart and UltraFast accounts to run multiple strategies on more markets, stacking your leverage across multiple accounts to have more positions open.

Additional Accreditation accounts can be opened by application from within your client portal when applicable.

Yes.

Previous to 2022, traders could only ever have one account at a time. As part of being able to offer additional accounts, we have had to secure multiple investment sources which allow us to safely offer multiple accounts without increasing downside risk to our whole portfolio.

Each investment pool requires a separate accreditation to be showcased for funding. 

 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.

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.