4.5
(188)
Instant Funded Tomcat $150K
The challenge
| Target | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Evaluation | $7,500 | $2,000 Hard breach - based on daily starting balance | $6,000 Intraday Trailing |
Max payout per cycle: $2,500; 3 consecutive payouts per account before Live transition; max 3 active accounts per user; news trading allowed
Good to know
Payout rules
Min payout $250; max payout per cycle varies by account size ($1,000-$4,000 depending on account). After 3 consecutive payouts with the same account, trader transitions to a Live Account (80/20 split, bi-weekly payouts, no consistency rule, no payout cap, news trading allowed). Payouts via RISE. KYC verification mandatory. Live Account base funding: $2,000-$4,000 depending on prior account size.
Trading rules
All positions must be closed by 15:55 US Central Time; trading resumes at 17:00 CT. Pending orders (limit/stop) left open do not trigger overnight violation (effective October 7, 2025). Third-party bots prohibited; native platform features allowed. News trading allowed only on Live Account (highlighted as a live account benefit in FAQ). Max drawdown is trailing, calculated from peak equity including unrealized P&L. After each payout cycle (cycles 2 and 3), Max DD floor becomes static (starting balance + $1).