Questions, answered.
Everything about replay backtesting, SIM evaluations, the rules, and performance rewards.
Backtesting
What is hidden-date replay?
We replay simulated historical market data with the date and instrument context hidden, so you trade what you see rather than what you remember. It's the most realistic way to practice without hindsight bias — and it is what every evaluation is judged on too.
How much does practice cost?
Backtesting is free for 2 sessions. The $19/month Pro Simulator adds enhanced analytics, a faster engine, advanced replay controls, strategy tracking, and priority speed.
Are there really no fees or spreads?
Correct — zero trading fees, zero spread markups, and zero hidden commissions across every plan. The only variable is your skill.
Evaluations
How do evaluation accounts work?
Pick an account size from $10K to $250K and hit its profit target while staying within max drawdown. There's no time limit, no minimum number of trades and no minimum trading days — patience is rewarded.
What are the targets and drawdowns?
$10K targets $700 (max DD $500); $25K targets $1,500 (max DD $1,000); $50K targets $3,000 (max DD $2,000); $100K targets $6,000 (max DD $3,000); $150K targets $9,000 (max DD $4,500); $250K targets $12,000 (max DD $6,000).
Are there limits on a single trade?
Two, and both are fixed for the life of the account so you can size to them from the first trade. No single trade may make more than 40% of the profit target, with $100 of tolerance on top because a position cannot be closed at an exact dollar figure — a $500 ceiling is kept by a $570 trade and only broken past $600. A winner above that raises the target rather than failing anything: make $2,000 against a $3,000 target and the target becomes $4,750, which you are free to go and reach. And no single trade may lose more than 50% of the max drawdown: the terminal closes a position that reaches that loss at exactly that level, whatever stop you had on it, so the rule protects you rather than catching you out. On a $50K that is $1,200 and $1,000. The loss limit carries over to a SIM performance account, where that automatic close is the whole of it: nothing is restricted and nothing is closed, because on a performance account only the maximum-loss level can do either.
What does activation mean?
Two things share the word. An evaluation can be bought at a higher one-time price with no activation fee, or a lower upfront price plus an activation fee. Activating the SIM performance account you pass into is different: that is always free, and is completed by email confirmation.
SIM Performance rules & payouts
How does the trailing drawdown work?
Your maximum-loss level starts one max drawdown below your account size and follows your highest BALANCE up from there — not your open-trade equity, so giving back an unrealized gain never moves it. It stops the moment it reaches the balance you started with, and it stays there however far the account grows after that. On a $25K account with a $1,000 drawdown: it begins at $24,000, is $24,500 once you have banked $500, reaches $25,000 at a $26,000 balance, and never moves again. It never falls back when your balance does. If your balance reaches it, the account closes and its status becomes SIM PERFORMANCE — FAILED. A losing trade on its own never closes an account.
Does a SIM performance account cost anything?
No. Activation is free, there is no monthly fee and no subscription fee. There is also no profit target: the account is ongoing, and you keep trading and requesting payouts for as long as it stays inside its drawdown.
How do I qualify for a payout?
Complete 4 closed profitable trades. They don't have to be consecutive, and losing trades don't reset your progress. No single one of those trades may be more than 30% of the total qualifying profit, plus the same $100 of tolerance — that's the consistency rule. When you qualify, your dashboard shows PAYOUT ELIGIBLE.
How much can I withdraw?
Up to 50% of your eligible profit per request, where eligible profit is your total profit less a safety buffer equal to that account's own maximum drawdown — $500 on a $10K account, $6,000 on a $250K — which stays in the account. The final payout is the lower of that and your account size's cap — $1,000 on a $10K account up to $5,000 on a $250K. You keep 90% of it; we keep 10%.
Is there a payout schedule?
No weekly or monthly schedule — request whenever you qualify. There is one limit: requests are 5 business days apart, counted across all your accounts, so you cannot ask on several of them the same day. Once a payout is approved it is deducted from the account balance and your qualifying-trade count resets to 0 / 4, so 4 new qualifying trades earn the next one. Requests are reviewed before payment, and your identity has to be verified in the name on the account being paid.
Scaling
How many accounts can I run?
Up to 50 per trader. You can copy-trade a single strategy across all of them.
What is Back to Performance?
A reset that restores a breached account to a fresh evaluation at the same size, which you then pass back into a SIM performance account. It costs the same as the evaluation did: $29 for a $10K account, up to $349 for a $250K.
