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The most common questions traders ask, organised by topic. If your question isn't covered, the support team replies inside the Discord and via email, usually inside a few hours during trading hours.
What account sizes does SHARK offer? $25K, $50K, $100K, and $150K, available as either an evaluation account or an instant funded account.
What's the difference between evaluation and instant? The evaluation is a cheaper one-time fee. Pass the profit target inside the rules, then trade a funded account. Instant skips the evaluation: you get a funded account from day one at a higher price.
Can I have multiple accounts? Yes, up to a per-trader cap (currently four concurrent funded accounts). All accounts you hold must be in your own name and traded by you.
What are the main rules I have to follow? Daily loss limit, end-of-day trailing drawdown, contract limit, and all positions flat by daily session close. Full breakdown on the rules page.
Can I trade during news? Yes, no restrictions.
Can I hold trades overnight? No. Day-trading only.
What happens if I fail the evaluation? Reset the account at a discounted fee and try again. There's no cooling-off period.
What platform does SHARK use? Rithmic-based front-ends. Tradovate, NinjaTrader, Quantower, and R|Trader Pro are all supported. The data feed is Rithmic on every account.
Is TradingView supported? Not currently as an execution platform. The integration is on the roadmap. You can chart in TradingView and execute in any of the supported Rithmic front-ends.
Do I need to pay for data? Data fees are bundled into the evaluation / account price. No surprise monthly data charges.
Where do I download the platform? Once you purchase an account, the welcome email links the platform download and your Rithmic credentials.
How long do payouts take? 6 days from request to bank.
What's the minimum payout? $100.
What's the profit split? 90/10 in the trader's favour.
Are there payout caps? Yes, per request and per account size. Soft caps, balance carries forward. See the payouts page for the full table.
Can I reset an account? Yes, on a failed evaluation. Discounted reset fee.
Can I scale to a bigger account? Yes. Buy a larger account once you've proven the smaller one, or run multiple concurrent accounts up to the per-trader cap.
Do you charge monthly fees? No subscription. One-time evaluation fee or one-time instant fee. After that, your only ongoing cost is reset fees if you fail and want to re-enter.
What if I want to close my account and stop trading? No exit fee. The account simply lapses.
Is there an affiliate program? Yes, the SHARK affiliate program pays up to 17% lifetime commission on referred traders.
How are commissions paid? Monthly via the same payout rails as trader payouts.
Can I promote SHARK on YouTube / Discord / Reddit? Yes, with disclosure. Read the affiliate terms before you promote.