Trade Syndication · Market replay · Thursday, Oct 8

How a trade pays: DAX 40 on Thursday, Oct 8

A step-by-step look at the allocation ladder, the trailing stop and the payout.

Each trade below is 2 contracts, entered after the move had already started and closed either as it faded or when the desk’s own stop took it out — not the perfect top or bottom. Every step comes from replaying real market prices, minute by minute, through the live Trade Syndication engine.

In total: 9 trades, $270 in fees, $2,011.05 in earnings.

How the desk trades with you

1. You open a trade and pay a flat fee per contract. That is the most it can cost you.
2. The desk backs your trade with its own capital — a small allocation at first, stepping up as the trade proves itself, protected by its own stop, which trails the move as it goes your way.
3. You are paid 90% of what the desk’s allocation makes. If it makes nothing, you are paid nothing.

Trade 1: DAX 40 sell

1. 03:00 You sell 2 contracts of DAX 40 at 25,126.00 and pay the $30 fee. The desk backs it with 5% of your size, stop at 25,114.95.
2. 03:15 Price 25,103.90 — the trade is proving itself, so the desk steps up to 7%.
3. 03:22 Price 25,113.20 — the trade is proving itself, so the desk steps up to 54%.
4. 03:27 Price 25,109.70 — the trade is proving itself, so the desk steps up to 100%.
5. 08:11 Momentum slows: the desk banks part of its position and scales back to 70%.
6. 11:00 You close at 24,881.70. Your earnings: $469.75 — 15.7× the fee you paid.

Trade 2: Dow 30 buy

1. 14:30 You buy 2 contracts of Dow 30 at 50,726.00 and pay the $30 fee. The desk backs it with 5% of your size, stop at 50,573.82.
2. 14:40 Price 50,743.00 — the trade is proving itself, so the desk steps up to 7% and lifts its stop to 50,710.78.
3. 14:48 Price 50,752.00 — the trade is proving itself, so the desk steps up to 50% and lifts its stop to 50,733.80.
4. 14:54 Price 50,781.00 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 50,753.50.
5. 18:14 Momentum slows: the desk banks part of its position and scales back to 80%.
6. 22:30 You close at 51,201.00. Your earnings: $405.95 — 13.5× the fee you paid.

Trade 3: USD/JPY sell

1. 19:15 You sell 2 contracts of USD/JPY at 158.287 and pay the $30 fee. The desk backs it with 5% of your size, stop at 158.762.
2. 19:17 Price 158.177 — the trade is proving itself, so the desk steps up to 7% and lowers its stop to 158.232.
3. 19:24 Price 158.161 — the trade is proving itself, so the desk steps up to 65% and lowers its stop to 158.224.
4. 19:40 Price 158.112 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 158.200.
5. 20:45 You close at 157.672. Your earnings: $295.44 — 9.8× the fee you paid.

Trade 4: FTSE 100 buy

1. 19:30 You buy 2 contracts of FTSE 100 at 10,464.90 and pay the $30 fee. The desk backs it with 5% of your size, stop at 10,433.51.
2. 19:46 Price 10,469.40 — the trade is proving itself, so the desk steps up to 7% and lifts its stop to 10,449.20.
3. 19:59 Price 10,483.00 — the trade is proving itself, so the desk steps up to 75% and lifts its stop to 10,474.30.
4. 20:06 Price 10,493.70 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 10,479.30.
5. Oct 9 03:30 You close at 10,527.80. Your earnings: $225.79 — 7.5× the fee you paid.

Trade 5: Solana sell (Multi-Day pace)

1. 04:30 You sell 2 contracts of Solana at 116.45 and pay the $30 fee, on the desk’s Multi-Day pace. The desk backs it with 5% of your size, stop at 116.80.
2. 07:01 Price 115.60 — the trade is proving itself, so the desk steps up to 7%.
3. 18:16 Price 110.78 — the trade is proving itself, so the desk steps up to 36% and lowers its stop to 113.62.
4. 20:26 Price 105.75 — the trade is proving itself, so the desk steps up to 64% and lowers its stop to 111.10.
5. Oct 9 03:42 You close at 109.23. Your earnings: $187.94 — 6.3× the fee you paid.

Trade 6: AUD/USD sell

1. 05:45 You sell 2 contracts of AUD/USD at 0.69649 and pay the $30 fee. The desk backs it with 5% of your size, stop at 0.69858.
2. 05:50 Price 0.69640 — the trade is proving itself, so the desk steps up to 7% and lowers its stop to 0.69670.
3. 05:55 Price 0.69622 — the trade is proving itself, so the desk steps up to 55% and lowers its stop to 0.69635.
4. 06:00 Price 0.69625 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 0.69633.
5. 10:29 Momentum slows: the desk banks part of its position and scales back to 80%.
6. 13:45 You close at 0.69468. Your earnings: $123.89 — 4.1× the fee you paid.

Trade 7: EUR/JPY buy

1. 04:00 You buy 2 contracts of EUR/JPY at 176.762 and pay the $30 fee. The desk backs it with 5% of your size, stop at 176.232.
2. 04:22 Price 176.802 — the trade is proving itself, so the desk steps up to 7% and lifts its stop to 176.497.
3. 04:46 Price 176.844 — the trade is proving itself, so the desk steps up to 56% and lifts its stop to 176.797.
4. 04:52 Price 176.866 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 176.835.
5. 04:55 Momentum slows: the desk banks part of its position and scales back to 80%.
6. 09:00 You close at 177.098. Your earnings: $117.71 — 3.9× the fee you paid.

Trade 8: GBP/USD sell

1. 05:45 You sell 2 contracts of GBP/USD at 1.32167 and pay the $30 fee. The desk backs it with 5% of your size, stop at 1.32564.
2. 05:49 Price 1.32160 — the trade is proving itself, so the desk steps up to 7% and lowers its stop to 1.32365.
3. 05:54 Price 1.32123 — the trade is proving itself, so the desk steps up to 55% and lowers its stop to 1.32145.
4. 05:59 Price 1.32127 — the trade is proving itself, so the desk steps up to 100%.
5. 06:48 Momentum slows: the desk banks part of its position and scales back to 80%.
6. 13:45 You close at 1.31996. Your earnings: $115.10 — 3.8× the fee you paid.

Trade 9: GBP/JPY sell

1. 18:00 You sell 2 contracts of GBP/JPY at 209.230 and pay the $30 fee. The desk backs it with 5% of your size, stop at 209.858.
2. 18:14 Price 209.182 — the trade is proving itself, so the desk steps up to 7% and lowers its stop to 209.544.
3. 18:25 Price 209.143 — the trade is proving itself, so the desk steps up to 50% and lowers its stop to 209.185.
4. 18:38 Price 209.085 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 209.151.
5. 18:52 Momentum slows: the desk banks part of its position and scales back to 56%.
6. 21:15 You close at 208.782. Your earnings: $69.48 — 2.3× the fee you paid.

If you understand this one trade, you understand Trade Syndication.

Take the next one with the desk behind you →

These are hypothetical trades: real market prices replayed through the live Trade Syndication engine. They illustrate how the desk allocates and pays; they are not the results of any client. Times are platform time. Past performance does not guarantee future results — a trade can lose, and earnings can be zero. Trade Syndication is not a traditional funded account or brokerage account; trading activity occurs in a simulated environment and is subject to platform terms and eligibility rules.