London Desk at a glance
| Specification | Detail |
|---|---|
| Pay Later | $5 today, balance (discounted fee) after you pass |
| Account sizes & fees | $5,000 → $20 · $10,000 → $40 · $25,000 → $120 · $50,000 → $230 · $100,000 → $399 |
| Profit target | 11% |
| Daily loss limit | 4% |
| Maximum loss | 6% (balance based) |
| Consistency rule | None |
| Minimum trading days | None |
| Reward share | Up to 85% |
| Leverage | 1:50 |
| News trading | Allowed, 30% of profit counted |
| Max payout | 10% of account size |
| First withdrawal | 14 days |
| Minimum withdrawal | $100 |
| Fee refund | Full-fee accounts refunded on 4th payout |
How Pay Later works
You pay $5 today to start. If you pass, you settle the discounted account fee and go funded. If you fail, you owe nothing beyond the $5 deposit.
You can also skip Pay Later and pay the full account fee up front. Full-fee London accounts are refunded on your 4th payout.
The tightest drawdown we offer
London has a 6% maximum loss, tighter than every other desk. That is the trade for clearing a single phase at an 85% reward share. If 6% is too tight for your strategy, gives you 11% across two phases at the same share.
Sizes
Five sizes from $5,000 to $100,000. The $5,000 tier at $20 is the cheapest route to an 85% reward share anywhere on the desk.
You trade a simulated environment and earn real-money rewards calculated from those results, paid under our payout policy. See the risk disclosure.