GERBPRINT Student Portal Terms of Access

The goal isn't one big account. It's multiple funded accounts running simultaneously, each paying out consistently. You start with 1, prove consistency, add another with the payout, rinse and repeat.

Example: Start with 1 Lucid 50K account. Pass, get funded, hit a payout. Use that payout to buy another eval. Now you have 2 accounts. Keep going until you have 5 Lucid accounts all paying out. Then add Tradeify on top. Then Apex. Now you have 15+ accounts all generating income simultaneously.

Lucid is the starting point. LucidFlex is the cleanest account in the industry right now — no daily loss limit, no payout buffer, no consistency rule once funded, and 15-minute payouts. EOD trailing drawdown means intraday volatility won't stop you out.

• Account: LucidFlex 50K — best balance of cost vs. payout
• Max accounts: Up to 5 sim funded simultaneously
• Payout split: 90/10 in your favor
• Payout speed: ~15 minutes after request
• Strategy: Pass eval → get funded → hit 5 winning days → request payout → buy another eval with it
• Goal: Get to 5 Lucid accounts all running before moving to next firm
• Path to live: After consistent payouts, Lucid moves you to a live account (LucidLive)

Once you have Lucid running consistently, add Tradeify accounts alongside them. Select Flex is the best plan — no daily loss limit, EOD drawdown, and no activation fee.

• Account: Tradeify Select Flex — most flexible funded path
• Max accounts: Up to 5 funded simultaneously
• Payout split: 90/10
• Path to live: Hit 3 payouts → qualify for Tradeify Elite (real live capital)
• Consistency rule: 40% during eval, removed once funded on Flex
• Goal: Get 5 Tradeify accounts alongside your 5 Lucid accounts = 10 funded accounts total

Apex is the volume machine. You can run up to 20 Performance Accounts simultaneously. Each account is independent — separate payout cycles, separate rules. The play here is horizontal scale — more accounts = more payout units running in parallel.

• Account: Apex 50K EOD or Intraday
• Max accounts: Up to 20 PAs simultaneously
• Payout split: 100% of first $25K per account, then 90/10
• Payout ladder: Each PA has 6 payouts max, then closes — buy a new eval and restart
• Eval cost on sale: As low as $30-70 during promos (check for 80% off codes)
• Consistency rule: 50% — no single day can be more than 50% of total profit
• Goal: Run 5-10 Apex accounts on top of Lucid + Tradeify for maximum payout volume

Running all three firms simultaneously gives you maximum income diversification. If one firm changes rules or has issues, your income doesn't stop.

• 5 × Lucid accounts — fast payouts, clean rules, path to live
• 5 × Tradeify accounts — Tradeify Elite live path after 3 payouts
• 10 × Apex accounts — volume play, 100% on first $25K each
• Total: 20 funded accounts running simultaneously

When you trade a funded prop firm account, you do not own the capital — the firm does. Your payout is ordinary income or self-employment income, not capital gains. This is one of the most important tax distinctions to understand.

• Prop payouts = ordinary income (taxed at your income bracket rate)
• NOT the lower long-term capital gains rate (0%, 15%, 20%)
• Self-employment tax (~15.3%) may also apply as a sole proprietor
• This is exactly why an LLC or S-Corp structure matters

Say you make $120,000 in prop payouts this year:

• Sole proprietor: ~$16,956 in SE tax on the full $120K
• S-Corp: Pay yourself $60K salary — SE tax only on that (~$8,478). Other $60K is a distribution — no SE tax. Save ~$8,478.

• Go to sunbiz.org → File → Limited Liability Company → Domestic LLC
• Choose your LLC name (must include "LLC" or "L.L.C.")
• List a Registered Agent (can be yourself with a FL address)
• Filing fee: $125 one-time + $138.75 annual report
• Get a free EIN from IRS.gov (takes 5 minutes)
• Open a separate business bank account
• To elect S-Corp: file IRS Form 2553 within 75 days of forming

• Prop firm evaluation fees and subscriptions
• TradingView, NinjaTrader, data feeds
• Home office (if you trade from home)
• Computer, monitors, equipment
• Education and mentorship (GERBPRINT qualifies)
• Internet and phone (business use portion)
• Accounting and legal fees

Educational only — not legal or tax advice. Always consult a CPA who understands trader taxation before making decisions.