TRADABLE MARKETS:
Futures
CEO
Josh TFD
Date Created
2024
The Futures Desk
Years In Operation:
1
Date Created
2024
4.8 out of 5
Trustpilot
Futures
Firm Overview
PAYMENT METHODS:
Credit/Debit Card
PLATFORM:
Available Support Channels:
Discord
Email
Live Chat
Payout Methods:
Leverage
Max Contract Size Allowed per Account Size
Path To Live Funding
$25,000:
1 (10 Micros)
$50,000:
2 (20 Micros)
$100,000:
4 (40 Micros)
$200,000:
6 (60 Micros)
Commissions
| Product | All-In Per-Side |
|---|---|
| Minis | $1.20 |
| Micros | $0.40 |
Consistency Rules
- Consistency Rule replaced by the Daily Base Hit (DBH) system. This applies for the Assessment only.
- DBH is calculated by Profit Target ÷ Minimum Trading Days. This is the “daily average” you would need to make if you want to finish the assessment in the absolute minimum number of days.
- Example:
- Profit Target = $2000
- Minimum Trading Days = 5
- DBH = 2000/5 = $400.
- Therefore, if you made $400 for 5 days, you’d reach the $2000 target and pass the assessment in the minimum number of days.
- Example:
- If you make more than the DBH, rather than being penalised, your profit target increases by the same amount you made above the DHB.
- If you make less than the DBH, there is no penalty at all, you just cannot pass the account in the minimum trading days.
- Using our example above, if you make $200 per day, you would need 10 days instead of 5 to reach the profit target.
- Boosted Base Hit – When you account balance is below its highest point (on an EOD-basis), the system allows you to make more profit per day without increasing your profit target. This allows you to recover drawdown faster without being punished.
- Your Base Hit can increase up to 150% until your balance returns to its peak.
- Example:
- DBH = $500, highest EOD balance = $1000.
- You have a losing trade of -$500, new balance = $500.
- Your new DBH = $750 (150% of $500).
- Once your account is back up to $1000, DBH returns to $500.
- Example:
| Scenario | What Happens | Target Change |
|---|---|---|
| You make exactly your DBH | You stay on pace to pass in the Minimum Trading Days. | No |
| You make less than DBH | You’ll just need more days | No |
| You make more than DBH | You’re not punished, but target increases by the same amount above the DBH. | 1:1 increase |
| You’re in drawdown | You get a “Boosted Base Hit” allowance up to 150% | Target doesn’t increase until recovery |
Firm Rules
- Most accounts start on a Sim-Brokerage account. If you have exceptional performance you skip this step and go straight to a Live-Brokerage account. Once you build a buffer on your account (which is equal to the max loss that you set in the Assessment), traders get moved to a Life-Brokerage account (within 24-48 hours).
- Note: You can take payouts from the buffer.
- The Starting Balance on Live Accounts = The Buffer Goal you hit on the Sim Brokerage.
- News Rule – One minute before/after the news event, traders are restricted to a maximum of 5 micros. Also, “reasonable stops” must be placed when trading news events during the Live Brokerage account.
- Non-Activity Rule – 14 consecutive days of inactivity without prior intimation to the support staff (in case of requiring an extended period of time off) will lead to the account being terminated and a loss of any gains earned before the inactivity period. All further trading activities after this point must be authorised by The Futures Desk.
- There are no Activation Fees. All Data in the Sim and Live Brokerages are covered by The Futures Desk.
- Note: One Professional Data Fee is covered, any additional exchanges have to be purchased by you.
Payout Policy
Payout Policy
- Once you hit your Buffer Goal in Sim Brokerage (which is equal to the drawdown you selected in the Assessment) you get access to payouts.
- Trader can withdraw into buffer (starting balance on Live Brokerage) at a trader’s discretion without penalty.
- Profit split is 80%/20% and never changes regardless of growth in the account balance.
- No minimum trading days for payouts. Can request daily payouts. Minimum $100 per withdrawal and no maximum.
Payout Processing Time
- If a payout request is submitted before 11AM Eastern Time, funds usually arrive on the same day.
- Requests after 11am are processed the next business morning.
KYC
- While TFD does not do a KYC directly (not necessary to start an Assessment), you will need to do a KYC with Rise (if you use this payment method) and/or through the brokerage before you are moved to a Live account.
- The KYC with Rise can be completed at the time of setting up the Rise account (before payout) or at the time of payout.
Restricted Countries
Afghanistan
Albania
Algeria
Angola
Belarus
Botswana
Bulgaria
Burkina Faso
Myanmar
Burundi
Cameroon
Central African Republic
Republic of the Congo
Côte d'Ivoire
Croatia
Cuba
Congo (Democratic Republic)
Ecuador
Ethiopia
Ghana
Hong Kong
Iceland
Indonesia
Iraq
Jamaica
Kenya
Kosovo
Lebanon
Liberia
Libya
Mali
Mauritius
Mongolia
Montenegro
Mozambique
Myanmar
Namibia
Nicaragua
North Korea
Pakistan
Panama
Papua New Guinea
Philippines
Romania
Senegal
Serbia
Slovenia
Somalia
South Africa
South Sudan
Sri Lanka
Sudan
Tanzania
Trinidad and Tobago
Tunisia
Ukraine
Venezuela
Vietnam
Yemen
Zimbabwe
Frequently Asked Questions
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The Futures Desk
During the Assessment and the Sim Brokerage Stage, no. However, once traders move to a Live Brokerage (which is the goal with all traders on TFD), then you are trading on regulated live brokerage accounts with real capital.
Yes. If a payout is requested prior to 11am ET then it is usually processed on the same day. For requests after that it takes one business days.
2 accounts per trader.
During the Assessment there are no restrictions. When you are on a Live Brokerage Account, one minute before/after you are restricted to a maximum of 5 micros. Moreover, a Stop Loss must be placed when trading news events.
The only way to fail an Assessment is hitting your drawdown. Hitting the Daily Loss Limit, however, is a soft rule, and you are locked out for the trading day if the DLL is hit.
The Futures Desk Prop Firm Challenges
FIRM
ACCOUNT SIZE
PROFIT TARGET
DAILY LOSS
MAX LOSS
PROFIT SPLIT
PAYOUT FRE.
PRICE
No challenges available for this firm yet.
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