Moneta Funded affords traders the opportunity to scale throughout their trading journey, providing profitable traders a pathway to increase the capital they can access, similar to a traditional scaling program, but available to non-funded traders. Our Phoenix Scaling Program allows traders to grow their accounts over time as they demonstrate skill, discipline, and profitability.
How It Works:
The Phoenix Program provides a unique opportunity for rewarding traders who consistently exhibit expert performance. Account holders will be automatically progressed to the next phase upon completion of the below detailed Targets For Scaling.
Traders can choose to start at either Level 1, Level 2, Level 3, or Level 4 of the program. Upon reaching the 10% profit target for the specified starting level, the 10% profit will then be migrated over the subsequent level, which can then be withdrawn from the account balance if within the minimum 14 day payout frequency.
For example, if a trader starts on Level 2 ($5K starting balance) and hits 10% profit target of $500 dollars, the trader will automatically scale to Level 3 ($10K starting balance), with an available balance of $10,500 in the account. If the trader has reached the minimum 14 days since their first trade, then they can choose to withdraw their $500 profit at that time or continue scaling their capital.
Targets For Scaling:
| Targets |
Profit Target | 10% |
Daily Loss | 3% |
Max Loss (Trailing) | 6% |
Minimum Profitable Days (0.5%) | 3 Days |
Consistency Rule | No |
Time Limit | Unlimited |
Leverage | 1:30 |
Profit Split | 88% |
Payout Frequency | 14 Days |
Once a target is reached, the trader will be automatically scaled to the next level with their 10% profit balance added to the next level's starting balance. Traders can request a payout of $100 or more after every 14 days.
Level 1 | $2,500 |
Level 2 | $5,000 |
Level 3 | $10,000 |
Level 4 | $20,000 |
Level 5 | $40,000 |
Level 6 | $80,000 |
Level 7 | $160,000 |
Level 8 | $320,000 |
Level 9 | $640,000 |
Level 10 | $1 ,280,000 |
Level 11 | $2,000,000 |