Buffer Zone:
The most significant change in FTT 2.0 is the introduction of a **buffer zone**, which is a mandatory reserve in your account before you can request a payout. In FTT 1.0, you could cash out everything once you reached the withdrawal amount. Now, for example, if you make $1,500, you can only withdraw $250, since $1,250 must stay in your account as the buffer.
This adjustment means you’ll need to produce more to make a substantial payout. If you want to withdraw $1,500, you now need to earn $2,750 before requesting it.
Valid Trading Days:
FTT 2.0 introduces the concept of **valid trading days**, where each trading day must meet specific profit or loss criteria. For example, on a Raleigh account, you must earn at least $62.50 in profit or incur at least $62.50 in losses for it to be considered a valid trading day. Days with gains or losses below this will not count toward your payout eligibility, though they still affect your balance.
Payout Structure:
The maximum payout remains the same, but the **payouts are now capped based on the buffer**. For instance, after eight successful payouts, your withdrawal limits can double. On GT accounts, the buffer is $4,500, and you must produce $7,500 to be eligible for a payout.
Changes for Larger Accounts:
For larger accounts like the Raleigh, Daytona, and GT accounts, the required **minimum trading performance** and buffer requirements vary, and the structure is stricter to prevent low-risk, quick cash-outs that were possible in the previous version.
Retroactive Rule Application:
One major update is that if you have a pending payout request that doesn’t adhere to the new trading rules, **your payout will be denied**, and you’ll need to trade for 10 more valid trading days following the new rules to requalify. This retroactive application has frustrated many traders, as payouts could be denied even after weeks of waiting.
Compensation for Denied Payouts:
For traders denied payouts, Fast Track is offering a **free Daytona account** and a **10% bonus on your next payout**. However, this compensation has left many feeling dissatisfied, as denied payouts due to retroactive application of the new rules seem unjust.
Final Thoughts:
FTT 2.0 introduces more stringent rules that require higher performance and adherence to new criteria for valid trades and withdrawals.