Tradesera Frequently Asked Questions

Frequently Asked Questions

Frequently Asked Questions

Use this FAQ for quick answers about Tradesera, competition formats, payouts, billing, account security, and community.

For account-specific help, open a support ticket from the trader portal so the support team can review your account details.

About Tradesera

What is Tradesera?

Tradesera is a simulated futures trading competition platform where traders compete, improve their skills, and earn eligibility for competition-based payouts under published rules. All trading takes place in a simulated environment.

Is Tradesera a prop firm?

No. Tradesera is not a traditional proprietary trading firm. We operate skill-based simulated trading competitions with their own rules, rankings, and payout structures.

Is trading live or simulated?

All trading activity takes place in a simulated environment. No live trades are executed on your behalf and no customer funds are placed into financial markets.

At this time, Tradesera does not offer a path to live funded trading accounts. Our focus is on providing competitive simulated trading experiences designed to help traders develop consistency, discipline, and risk management skills.

Do I need trading experience?

No. Traders of all experience levels are welcome. However, futures trading concepts can be complex, so we encourage participants to educate themselves and manage risk responsibly.

Why was Tradesera created?

Trading is already difficult enough. We believe the challenge should come from the markets, not from complicated rules, oversized positions, or endless evaluation requirements.

Too often, traders find themselves focused on passing evaluations, managing restrictive rules, and chasing larger account sizes instead of improving their skills.

Tradesera was built around a different idea: helping traders develop consistency through competition, discipline, and community.

Our goal is simple: create an environment where traders can focus on becoming better traders.

Trading should be fun again.

Why doesn't Tradesera offer a path to live funding?

We believe traders should have the freedom to keep the profits they earn and choose the brokerage, platform, and trading setup that best fits their needs.

Many funding programs eventually place traders into live accounts where profits are shared between the trader and the firm. While those models can work well for some traders, our philosophy is different. We believe successful traders should have the opportunity to trade on their own terms rather than being dependent on a specific funding provider or profit-sharing arrangement.

Rather than directing traders into a particular funding path, Tradesera focuses on helping participants build the skills, discipline, and confidence needed to succeed independently.

As Tradesera grows, we may partner with brokers or other service providers to help traders transition to live trading if they choose to do so. Any such opportunities would be optional and entirely separate from our simulated competitions.

Getting Started

How do I join a competition?

Choose the competition that best fits your goals, complete registration, and receive your account credentials after your purchase is processed.

How quickly will I receive my credentials?

Most accounts are issued automatically after payment processing is completed. Processing times may vary during periods of high demand.

Can I have more than one account?

Yes. The number of accounts allowed depends on the competition and the published rules.

Currently, participants may hold up to two MNQ Scale Cup accounts and one NQ Showdown account. You may also participate in both competitions simultaneously while entries remain open.

As new competitions are introduced, account limits may vary. Always refer to the competition rules page for the most current information.

Can I participate from outside the United States?

Tradesera is launching in the United States first. However, our goal is to make our competitions available to participants from all eligible countries where permitted by applicable laws and regulations.

Availability may vary by jurisdiction, so please refer to our Terms of Service for the most current list of supported countries and eligibility requirements.

What platforms do you support?

Tradesera Competition Accounts are powered by Rithmic's professional trading infrastructure, providing fast execution, accurate fills, and a reliable trading environment.

We recommend Quantower for the best desktop trading experience, but participants are generally free to use any trading platform that supports Rithmic connectivity.

Connection instructions and platform setup details are provided after registration.

Competition Rules

How are winners determined?

Winners are determined according to the rules of each competition. Please refer to the applicable Competition Format page for details on ranking methodology, qualification requirements, and payout structure.

Can I lose more than my entry fee?

No. Your maximum financial risk is limited to the fees paid for participation.

Is there a daily loss limit?

No. Tradesera competitions currently do not use a Daily Loss Limit (DLL).

Instead, each competition uses a static drawdown that defines the maximum allowable loss for the account. Unlike a daily loss limit, a static drawdown does not reset each trading day and does not fluctuate based on daily performance.

The specific drawdown amount depends on the competition and is published in the competition rules.

What happens if I violate a rule?

Accounts that violate competition rules may be disqualified, restricted, suspended, or closed depending on the nature of the violation.

Can I reset my account?

No. Tradesera does not currently offer account resets.

If an account breaches its drawdown limit or otherwise becomes ineligible under the competition rules, it cannot be reset. Traders who wish to continue participating may purchase a new competition account if entries are still being accepted or join the next competition cycle.

MNQ Scale Cup

Can I trade NQ right away?

No. MNQ Scale Cup starts in MNQ mode. The account starts with 3 MNQ contracts, and 1 NQ mode becomes available only after the account reaches full unlock at 10 MNQ equivalent size.

How do MNQ size unlocks work?

Size unlocks are based on reviewed cumulative end-of-day realized profit. After more than $300 in end-of-day realized profit, each full additional $100 can unlock +1 MNQ, up to 10 MNQ or 1 NQ equivalent size.

Do intraday profit or open P&L count toward unlocks?

No. Intraday gains and open P&L do not unlock size by themselves. Unlocks depend on reviewed end-of-day realized profit after the trading day is complete.

Do I lose unlocked size after a losing day?

Not from a normal losing day. Once size is unlocked and applied, it is intended to remain available unless the account breaches its drawdown limit or otherwise becomes ineligible under the competition rules.

At full unlock, can I trade 10 MNQ and 1 NQ together?

No. Full unlock means the account can choose 10 MNQ mode or 1 NQ mode. It does not mean 10 MNQ plus 1 NQ together. Only one exposure mode may be active at a time.

How do I switch between 10 MNQ mode and 1 NQ mode?

The account must be flat first, with no open positions and no open orders. Once the switch is requested and the Rithmic product limit update is confirmed, the selected mode stays active for the rest of the trading day.

What is Profit Lock and when can I request it?

Profit Lock is the MNQ Scale Cup path for protecting eligible profit before final settlement. It becomes available after an eligible active account has positive P&L and 3 qualifying profitable trading days. A qualifying day currently requires more than $100 in realized net profit.

If Profit Lock is approved, can I keep trading or withdraw right away?

No. If approved, the account is locked and trading stops on that account. The approved amount becomes pending final settlement. Withdrawal readiness comes after the competition closes, final settlement is complete, and payout requirements are satisfied.

How is my MNQ payout calculated?

MNQ settlement starts with an expected payout baseline: approved simulated profit x 90%. Final settlement then checks the trader payout pool. If the pool has extra money after the baseline, the remaining trader pool is shared among approved winners by performance share. If the pool is smaller than the baseline, payouts are adjusted proportionally.

What happens if no trader qualifies or there is remaining payout pool?

If no trader qualifies, no payouts are made from that competition and the remaining trader payout pool rolls forward into the next scheduled MNQ Scale Cup. If approved payouts are covered and money remains, the remaining pool is distributed among approved winners by performance share.

NQ Showdown

What does 1 NQ equivalent mean?

It means the account may use up to one NQ-sized exposure. Traders can use that exposure as 1 NQ mode or 10 MNQ mode, but not both at the same time.

Can I trade 10 MNQ instead of 1 NQ?

Yes. NQ Showdown starts in 1 NQ mode by default, but eligible traders may request 10 MNQ mode after the account is active and Rithmic setup is complete.

Can I trade NQ and MNQ at the same time?

No. NQ Showdown uses one exposure mode at a time. In 1 NQ mode, NQ is enabled and MNQ is disabled. In 10 MNQ mode, MNQ is enabled and NQ is disabled.

How do I switch between 1 NQ mode and 10 MNQ mode?

The account must be active and flat first, with no open positions and no open orders. Once the switch is requested and the Rithmic product limit update is confirmed, the selected mode stays active for the rest of the trading day.

What is the NQ Showdown schedule?

NQ Showdown is designed as a weekly competition. The target window starts Sunday at 6:00 PM ET and ends Friday at 4:00 PM ET. Final settlement review begins after the weekly competition window closes.

What risk rules apply to NQ Showdown?

NQ Showdown currently uses a $2,000 static drawdown. There is no daily loss limit, no trailing drawdown, and no consistency rule. Accounts must still follow product limits, platform rules, competition rules, and prohibited-activity policies.

Does NQ Showdown have Profit Lock?

No. Profit Lock is for MNQ Scale Cup. NQ Showdown payout review happens after the weekly competition closes and final settlement begins.

How do I qualify for payout participation?

A trader must finish inside the paid group, generate at least $500 in net profit, avoid breaching drawdown, remain in good standing, and pass final settlement review.

Does finishing in the top 20% guarantee a payout?

Not by itself. The top 20% is the maximum paid group, rounded up. A trader must also meet the $500 minimum net profit requirement, remain eligible, and pass final settlement review.

How are NQ Showdown payouts calculated, and what happens if nobody qualifies?

Qualified traders share the winner pool by performance share. Your net profit is divided by total qualifying net profit, and that percentage is applied to the winner pool. If nobody qualifies, no payouts are made from that competition and the remaining winner pool may roll forward under the published product rules.

Size Unlocks

What is a size unlock?

A size unlock allows traders to increase their maximum position size after meeting specific performance milestones.

For example, in the MNQ Scale Cup, traders begin with a maximum position size of 3 MNQ contracts. As reviewed end-of-day realized profits increase, additional MNQ contracts may be unlocked. At full unlock, traders may choose between 10 MNQ mode or 1 NQ mode.

Size unlocks are designed to encourage traders to earn larger position sizes through consistent performance rather than starting with maximum leverage from day one.

For the current MNQ unlock schedule, use the MNQ Scale Cup FAQ on this page or the Competition Format page.

Why doesn't everyone start with maximum size?

Most traders struggle because they trade too large too quickly. Size unlocks encourage consistency and disciplined risk management before increasing exposure.

Is bigger size always better?

No. Many traders perform better with smaller position sizes because decision-making becomes more consistent and emotionally controlled.

Drawdown Rules

What is drawdown?

Drawdown represents the maximum decline allowed in your account before it becomes ineligible to continue.

What type of drawdown does Tradesera use?

Tradesera uses a static drawdown model unless otherwise specified in the competition rules.

Does the drawdown trail my account?

No. Static drawdown levels do not move as your account balance increases.

Why use a static drawdown?

Static drawdown is easier to understand, easier to manage, and allows traders to focus on execution instead of monitoring a moving threshold.

What happens if I exceed the drawdown limit?

The account becomes ineligible under the competition rules and may be closed.

Payouts

Are payouts guaranteed?

Competition Payout Pools are funded from eligible competition entry fees and are reserved for qualified trader payouts according to the published competition rules.

As long as a trader qualifies under the rules of the competition, the payout pool is there to support eligible payouts.

How do I become eligible for payouts?

Eligibility requirements vary by competition and are outlined in the published rules.

What is Profit Lock?

Profit Lock is the MNQ Scale Cup path for protecting eligible profit before final settlement. It is not available for NQ Showdown.

For current eligibility and timing, use the MNQ Scale Cup FAQ on this page.

How long do payouts take?

Processing times vary depending on verification requirements, payment settlement timelines, and payout volume.

Do I receive my simulated profits dollar-for-dollar?

No.

Simulated profits are used to measure trading performance, qualification status, and payout eligibility within a competition. MNQ Scale Cup and NQ Showdown use different payout models, so use the product-specific FAQ sections on this page for the current calculation method.

Why are payouts reviewed?

Reviews help ensure compliance with competition rules, identity verification requirements, tax obligations, and payment processing standards.

Can a payout request be denied?

Yes. Requests may be denied if rules were violated, required documentation is incomplete, or eligibility requirements have not been met.

Accounts & Trading

Can I trade during news events?

Unless specifically prohibited by a competition's rules, trading around news releases is generally permitted.

Can I hold positions overnight?

No.

All positions must be closed before the daily market maintenance break at 5:00 PM ET. Positions may not be held through the 5:00 PM ET to 6:00 PM ET market closure.

Trading may resume when the market reopens at 6:00 PM ET, subject to the rules of the competition.

Can I trade any strategy?

Most legitimate trading strategies are permitted as long as they comply with competition rules and platform requirements.

Is copy trading allowed?

Yes. Traders may copy their own trades between eligible Tradesera accounts when the accounts are using the same instrument and the same exposure style, subject to the competition rules.

For example, an MNQ Scale Cup account in 10 MNQ mode and an NQ Showdown account in 10 MNQ mode can be easier to align than accounts using different modes. Copy trading with other people, shared accounts, or attempts to bypass risk controls are not allowed.

Can I use automated systems or algorithms?

Yes, automated trading systems are allowed as long as they follow the same rules as manual trading.

Your system must stay within the account's contract limits, drawdown rules, product restrictions, platform rules, and prohibited-activity policy. Automation cannot be used to bypass limits, create abusive order flow, exploit latency, share accounts, or avoid risk controls.

You are responsible for anything your automated system does on the account.

Can I trade from multiple devices?

Generally yes, provided platform and security requirements are followed.

Billing & Payments

What payment methods do you accept?

Tradesera currently accepts ACH transfers, credit cards, and debit cards at checkout.

If wallet-funded checkout is available on your account, you may also be able to use eligible wallet balance toward a purchase.

The payment methods displayed at checkout are the options currently available for that order.

Are participation fees refundable?

Refunds may be requested before the official start of a competition.

Once a competition has started or trading activity has occurred on an account, participation fees are generally non-refundable.

Are Rithmic market data fees refundable?

No.

Once market data access has been provisioned to an account, the associated Rithmic market data fees are non-refundable. These fees are charged by third-party providers and are incurred whether or not the account is actively traded.

Are there recurring fees?

No.

Tradesera competitions are currently one-time purchases. Any required market data fees, if applicable, are disclosed separately before purchase.

Will I be charged automatically?

No.

Tradesera does not currently offer subscription products or recurring billing. You will only be charged when you make a new purchase.

Will I receive tax documents?

If you receive qualifying payouts, Tradesera may issue the required tax documents based on your tax profile, country of residence, payout amount, and applicable reporting requirements.

U.S. traders may be required to complete tax certification before payouts can be released. Non-U.S. traders may also be required to complete the appropriate tax forms or certifications.

Not every trader will receive a tax document. Tax reporting requirements depend on payout activity and applicable laws and regulations.

Security & Compliance

Why do I need to verify my identity?

Identity verification helps protect participants, prevent fraud, and satisfy legal and tax reporting requirements.

Is my personal information secure?

We use industry-standard security practices to protect participant information.

Does Tradesera provide investment advice?

No. Tradesera does not provide investment, financial, legal, or tax advice.

Community

Is there a trader community?

Yes. Tradesera is designed to bring traders together through competitions, rankings, challenges, and shared learning experiences.

Can I compare my results with other traders?

Yes.

Tradesera competitions include leaderboards and rankings that allow participants to compare their performance with other traders in the same competition.

Leaderboard rankings are calculated according to the rules and scoring methodology of each competition.

What makes Tradesera different?

Most trading companies focus on larger account sizes and passing evaluations. Tradesera focuses on consistency, discipline, competition, and helping traders enjoy the process of becoming better traders.

Trading should be fun again. What does that mean?

We believe many traders fail because they are encouraged to trade too large, too fast, under too much pressure. Tradesera is built around a different philosophy: smaller size, better decisions, meaningful competition, and long-term growth. Consistency comes first. Everything else follows.

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