At Shark Futures, traders begin with a Basic Challenge Account. After meeting all evaluation requirements, successful traders are upgraded to a PRO Account. Below is a comparison of the two stages.
Account Comparison
Feature | Basic Challenge Account | PRO Account |
Purpose | Evaluation phase to prove profitability | Funded phase to assess consistency |
Environment | Simulated | Simulated |
Profit Target | Required (e.g. $1.5K, $3K, $6K, $9K depending on tier) | Required (e.g. $1.5K, $3K, $6K, $9K depending on tier) |
Consistency Rule | 50% Rule | 35% Rule |
Min Trading Days | 2 | 6 qualifying trading days |
Payouts | Not eligible | Eligible after meeting payout rules |
Drawdown Type | Trailing Max Drawdown (EOD) | Trailing Max Drawdown (EOD) |
Daily Loss Limit | No fixed daily limit (hard breach at drawdown) | No fixed daily limit (hard breach at drawdown) |
Account Cap | Unlimited Challenge accounts | Up to 5 PRO accounts per trader |
Activation Fee | $0 | $0 |
Basic Challenge Account
The Basic Challenge is the evaluation phase used to qualify traders for a PRO Account.
To pass a Challenge, traders must:
Reach the required profit target
Follow all risk and drawdown rules
Maintain a 50% consistency rule
Trade on at least 2 separate trading days
Once all requirements are met, the trader is upgraded to a PRO Account.
Basic Challenge accounts do not allow payouts.
PRO Account
PRO Accounts are issued after passing a Basic Challenge. They represent the funded simulation phase where consistency and risk management are evaluated.
PRO Accounts include:
90/10 profit split in your favor
Profit target per payout cycle ($25K=$, 1.5K$50K=$3K, $100K=$6K, $150K=$9K)
35% consistency rule
EOD Max Drawdown
Eligibility to manage up to 5 PRO accounts simultaneously
Payout Eligibility for PRO Accounts
6 qualifying trading days are required before requesting a payout
Profit target for your account size must be reached in the payout cycle
35% consistency rule must be met
Payouts are subject to the PRO payout cap table
No 50% cycle-profit limit, no $100 balance buffer (those rules apply to Instant PRO only)
Account Management Notes
Unlimited Basic Challenge accounts may be held
Up to 5 PRO accounts may be active at one time
Upon qualifying for Live Trading, traders are limited to 1 Live Account