Ascetic Capital Lowers Costs for Challenge Accounts!

Ascetic Capital, a new prop firm which is yet to be launched, has just announced a new Split Payment Structure which might help traders to purchase bigger accounts at affordable prices. 

About Ascetic Capital

Ascetic Capital is legally known as Ascetic Capital LLC (registered as Company No. 2024-001395614. Ascetic Capital is operated by CEO Jose Diaz and based in United States of America.

Lower Prices based on community feedback

Ascetic Capital recently held a voting in their discord community, asking traders for their feedback on pricing and if Ascetic Capital should provide funding at same price or half upfront amount and half after passing the challenge. The feedback was clear: traders wanted lower, more flexible price options. Ascetic Capital took this response seriously and came with a new split payment plan that makes their accounts more affordable.

So How the Split Payment Structure Works?

With the new split payment Structure, traders only need to pay a Half of the fee upfront and the remaining balance is paid as an activation fee after the trader passes the evaluation. This makes it easier to start without paying the full amount right away.

Who Can Use the Split Payment Structure?

Right now, the split payment option is only available for $25K and $50K accounts and works for both 1-Phase and 2-Phase funding programs. This flexibility allows more traders to choose accounts without facing a large initial expense.

Benefits of Lower Costs for Traders

1. Easier Start-Up: Traders can begin with a smaller payment, reducing the stress of paying a high upfront fee.
2. Lower Financial Risk: Traders only pay the second half if they pass the evaluation, making it less risky.
3. Greater Accessibility: More traders, regardless of budget, can now access funded accounts.

Cost Breakdown for $25K and $50K Accounts

Here’s how much the new plan costs for the two main account sizes:

$25K Account Example

• Initial Fee: $62
• Activation Fee After Passing: $63
• Total Cost: $125 (a slight reduction from the old price of $128)

$50K Account Example

• Initial Fee: $98
• Activation Fee After Passing: $110
• Total Cost: $208

These examples show how the split payment plan reduces upfront costs, making it easier for traders to start.

Conclusion

Trading can be expensive and funded accounts can add up in cost,even if traders get bigger funding at a small price, Ascetic Capital’s split payment structure for $25K and $50K accounts is a good change toward making funded accounts affordable for more traders. With lower upfront costs, Ascetic Capital is creating an environment where traders can focus more on their skills and less on fees. 

Frequently Asked Questions (FAQs)