We currently support the following withdrawal options: Bank transfer.

After you have selected the payment cycle (which by default is set to 1 per month, but can be changed to 1 per 14 days), you can request a payout. 

Note: Transfers are subject to exchange rates and transaction fees. The minimum amount for a reward is 40 USD of the initial balance including our split.

If you would like to change the interval, please email us at: support@evertrader.com

We currently support the following withdrawal options: Bank transfer.

After you have selected the payment cycle (which by default is set to 1 per month, but can be changed to 1 per 14 days), you can request a payout.

You can become an official EverTrader in as little as 2 days with our 1 Phase Evaluation. Other challenges take a bit longer, the shortest possible time for a 2 Phase Evaluation is 6 days and for a 3 Phase Evaluation it is 9 days.

Or you can purchase our Instant Funding account and skip Evaluation altogether!

For more information, check out the FAQ at the top of the page and learn more about each Evaluation to find the right one for you.

Yes, you can. You can also trade on multiple accounts at the same time.

The profit target is calculated based on the size of your chosen EverAccount.

For example, if you have chosen an EverAccount with a 100,000 USD, then the 10% profit target in Phase 1 means that you must make a profit of 10,000 USD within the selected timeframe of this phase.

The profit target in phase 2 is 5%. This means that on an EverAccount of 100,000 USD you should make a profit of 5,000 USD.

Once you become an official EverTrader, you don’t have to meet any profit targets.

Total drawdown is limited to a maximum loss of 10% of the initial account size. At any stage, your equity in the EverAccount must not fall below 90% of the initial account size. This means that equity should always be higher than 90% of the initial account size to avoid breaking the rules.

For example, for an account with a value of $100,000, the maximum loss limit (10%) would be $10,000. Therefore, if your equity is greater than USD 90,000, you will not exceed the total drawdown.

Note that the total drawdown does not reset every day like the daily drawdown.

Also note that equity takes into account both closed and open positions.

For example, for a $100,000 account, the maximum loss limit (10%) is $10,000. So if your equity is more than $90,000, you will not exceed the total drawdown.

The daily drawdown is 5% of the initial balance or equity for a given day.

For example:
If your initial equity is $105,000 but your initial balance is $100,000, the daily drawdown will be based on your initial equity as it is higher. 5% x $105,000 = $5,250. Your account balance/equity must not fall below 105,000 USD – 5,250 USD = 99,750 USD for the day.

If your initial equity is $94,000 but your initial balance is $98,000, the daily drawdown will be based on your initial balance as it is higher. 5% x $98,000 = $4,900. Your equity/balance must not fall below $98,000 – $4,900 = $93,100 during the day.

Remember that the equity takes into account both closed and open positions.