It was a promising firm, but they failed.
November 8th, 2024:
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Below is the old article reviewing the features of Fast Track Trading if you’re interested in knowing what they had to offer.
Success tends to pursue those who act fast when an opportunity arises. With Fast Track Trading you have the opportunity to start trading fast with a funded account.
In this article, I’ll review everything about Fast Track Trading to help you understand if this is what you’re looking for:
No challenges, no evaluations, and no monthly fees.
Before the review, here’s a quick look at what Fast Track Trading offers:
REVIEW SUMMARY
Fast Track Trading is a Futures prop firm, located in Florida, USA. It was founded in 2024.
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Metals Futures.
Max balance: $300,000
Profit split: 90%
Cost: from $179
Platforms: Rithmic, ATAS, Quantower, SierraChart, MotiveWave, Bookmap X-Ray, Jigsaw Daytradr.
PROS & CONS
What I like:
What could be improved:
Does it look good?
Great, now let’s go deeper into each topic for the full review.
Here’s what we’re going to cover:
Fast Track Trading is a futures prop trading firm based in Orlando, Florida, USA.
They were founded in 2024 and offer instant funding for traders who want to be funded right away offering:
I almost forgot to mention. If you like to trade multiple accounts, you can have up to 20 accounts of any size. How cool is that?
This proprietary firm is for you if you are focused on the futures markets.
There’s a wide range of instruments and categories that you can choose from like:
So, if futures trading is your thing, you are on the right track by choosing Fast Track Trading, but let’s continue the review.
To make money in the markets, we need money first. The bigger the account, the bigger the potential to make a decent return in terms of money.
The account size you’ll get from Fast Track Trading increases with the amount of money that you’re willing to invest to get your funded account.
These are the sizes and prices of each account available:
Now, each account also has a different buying power. Let’s look at that at the next point of our review.
Similarly to other futures prop firms, Fast Track Trading doesn’t offer explicit leverage on their funded accounts.
Instead, you have a limit on the number of contracts that you can trade depending on the account size.
Here’s a table with a quick overview:
| Account Balance | Maximum number of contracts |
|---|---|
| $25,000 | 2 contracts (20 micros) |
| $50,000 | 5 contracts (50 micros) |
| $150,000 | 15 contracts (150 micros) |
| $300,000 | 30 contracts (300 micros) |
We can say that the number of contracts allowed is linearly proportional to the account size. The only exception is the smaller account, which has a smaller relative buying power compared to the others, but not by much.
Fast Track Trading pays you 90% of the profits that you make on your account. That’s a 90/10 profit split, which is not common for instant funding accounts.
There are some limits though, and some simple rules to follow.
To get your first payout, you need to check two requirements:
To get subsequent payouts it’s simpler:
This means that you can request a payout every 10 trading days.
There’s a maximum withdrawal per account for each 10-day payout though:
However, after 5 to 12 consecutive payouts, and based on your consistency and reliability, you’ll be invited to move to a Live Account.
At this stage, you have improved payout conditions:
Just make sure that you trade like a professional, and Fast Track Trading will treat you well.
According to Trustpilot, Fast Track Trading is classified as excellent. It’s scoring 4.5/5.0 after 685 reviews, which is remarkable and shows the popularity of this firm.
This firm operates with transparency about all its rules. All of them are clear and in plain sight, instead of hidden in hard-to-read terms and conditions.
The rules are pretty simple and basically, you just need to avoid hitting a maximum loss limit.
This maximum loss limit is calculated at the end of the day (EOD), and its calculations use the current balance (including the profits).
Here’s a list of rules you need to follow:
I didn’t find any rule restricting the use of Algos to trade.
In fact, they can also be used to copy-trade your trades. You can copy your trades through all the 20 accounts that you are allowed to have with Fast Track Trading.
You are just not allowed to copy them from another Fast Track Trading member.
There is no trial option at the moment.
The free repeat doesn’t apply to this kind of firm. You get instant funding instead of having to pass a challenge or evaluation.
For this reason, if you fail to comply with the rules of your funded account (either sim or live), you’ll need to purchase a new one.
There are no promotions or discounts at the moment, but I’ll let you know and update this page as soon as I get a coupon for you.
Since we are dealing with a futures prop firm, some of the most popular futures platforms are available for use.
Presently, only Rithmic compatible platforms are available namely:
Fast Track Trading is more directed to day traders. You can start trading from the open of each trading session, but you need to open and close your trades on the same day.
What happens if you don’t do it?
Well, first, the system will close them for you and will charge you a fee for doing that.
Then, if this behavior repeats for more than three times, your account will be closed.
For the same reasons, obviously, you are also not allowed to keep your trades open during the weekend.
So, keep yourself away from trouble, and close your trades before the end of the session. This should be the easiest of your problems when it comes to trading though.
Yes, you are allowed to trade news, there’s no problem with that.
Even if it’s a high-impact announcement like FOMC meetings, CPI, or NFP releases, you can still trade. You are only advised to be cautious and use good risk management during these periods.
I personally love firms that allow news trading, that’s when I get my best trading results. High volatility tends to create charts that are much clearer and simple to read. For this reason, Fast Track Trading is a great firm to trade with.
Yes, Fast Track Trading is a legitimate company.
Here are their contacts in case you need them:
If you are looking for other futures prop firms, here’s a quick list of the best Fast Track Trading alternatives:
For more alternatives check our alternative prop firm tool:
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