How do I set the starting balance for an account?

Quick answer

The starting balance comes from the account's type. Create an account type with the balance you want, such as $50,000, and every account created from it starts with that balance. To offer a different size, create another account type; several types can share one rule set.

Detailed answer

Starting balance is a product decision, so it lives on the account type rather than on individual accounts.

Steps

  1. Open Account types.
  2. Create a type, for example "$50K Standard".
  3. Set the starting balance to 50,000.
  4. Choose the rule set it uses.
  5. Create accounts from it.

Why the balance matters

  • Loss limits are calculated from it: a 10% maximum loss on $50,000 is a $45,000 floor.
  • The profit target is a percentage of it.
  • Reports measure growth against it.

It does not change cost

Every account uses one credit, whatever its starting balance. A $200,000 account costs the same on PropExecutor as a $5,000 account.

Migrated or scaled traders

When moving a trader from another platform, or scaling a funded trader, create an account type with the matching balance. The new account starts there with the rule set you choose.

Changing a balance

You cannot change an existing account's starting balance, because its limits were defined from it. Create a new account of a different type instead.

PropExecutor team · Updated

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