You will trade with the same virtual capital balance that you used during your Mintply Challenge. For example, if you traded with $200,000 in the Mintply Challenge, you will also have access to a $200,000 Mintply Account for the Verification stage.
Please note that all accounts provided by Mintply are demo accounts with virtual funds. Once you become a Mintply Trader, you will receive login credentials for a demo account, and you can earn up to 90% of the profits generated.
If you wish to trade with a higher virtual account balance, you can apply for another Mintply Challenge. Each challenge must be started from scratch, regardless of previous completions. Mintply allows a maximum capital allocation of $400,000 across all accounts per trader or per strategy at any given time. This can be achieved through various combinations, such as two accounts of $200,000 each or four accounts of $100,000 each. It’s important to avoid creating multiple accounts under different registrations to exceed this limit, as doing so may result in account suspension in accordance with our terms and conditions.
For those opting for an aggressive risk setup, the maximum capital allocation is limited to $200,000, as loss limits are increased in this setting.
Additionally, if you demonstrate consistent profitability on your Mintply Account, we may allocate additional capital to you as part of our Scaling Plan.
