The Lightning Plan is not only about offering a fast-paced and affordable trading challenge but also about maintaining high standards of compliance and integrity. As part of this unique plan, an activation fee is required before traders can access their funded account. Here’s a detailed explanation of how the activation fee process works and why it’s in place.
What is the Activation Fee?
The activation fee is a one-time payment required to activate a funded account after a trader successfully completes the Lightning Plan challenge. This fee applies only to the Lightning Plan and ensures the plan remains cost-effective while upholding strict risk management protocols.
How the Activation Fee Process Works
Risk Review: Once a trader passes the challenge, our risk team conducts a comprehensive review of the account. This step ensures that all trading rules were followed, and no violations occurred during the challenge.
Email Notification: When the account passes the risk review, the trader will receive an email with a link to a checkout page to pay the activation fee.
Account Activation: After the activation fee is paid, the funded account will be activated within 12-24 hours. The trader can then begin live trading with their funded account.
Why Do We Require an Activation Fee?
The activation fee helps us maintain:
Fairness: Ensuring only traders who adhere to the rules gain access to funded accounts.
Sustainability: Supporting the operational costs associated with maintaining high-quality risk reviews and account activations.
Affordability: Allowing the Lightning Plan to be offered at a lower initial cost compared to other plans.
Key Points to Remember
The activation fee is only applicable to the Lightning Plan.
It is required only after passing the challenge and completing the risk review.
Funded accounts are activated quickly—within 12-24 hours after payment.