1 Step Evaluation Rules

Profit Targets 

• Phase 1: 9% profit target 
• Simulated Funded Account: No profit target 

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Drawdown Limits

• Daily Drawdown:
  
  • Limit: 4%
  • Calculated based on the higher of equity or balance at market close (21:59 GMT) 
  • Resets daily at 21:59 GMT 
• Max Drawdown: 
  
  • Limit: 6% 
  • Trailing from the highest equity or balance (High Water Mark) throughout the trading history 
• Hard Breach:
  
  • Occurs if any of the above limits (by balance or equity) are violated

• Positions Rules
  
  • Stop-Loss Rule: Must be placed within 60 seconds of trade opening - A stop-loss is mandatory on all trades

Stop Loss rule in effect for ALL ACCOUNTS from the 1st December 2025 - violation will result in a soft breach and will constitute a reattempt of Phase 1

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• Excessive Exposure:
  
  • Any trader who exceeds a 3% risk threshold more than once during Phase 1 (P1) or Phase 2 (P2) of the evaluation will be subject to the following consequences:
    
    • Denied funding
      
    • Reset to Phase 1 to retry the evaluation
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Each Individual Account will only be allowed to retake Phase 1 ONCE

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Excessive Margin Usage

Excessive margin usage is strictly prohibited on all Evaluation and Simulated Funded Accounts. Traders must apply responsible risk management and must not use too much of their account equity as margin, whether through a single position or multiple open positions. Trading that leaves insufficient free margin or demonstrates reckless overleveraging may be classified as excessive following review by the Risk Team. A confirmed violation will result in a Hard Breach.

Minimum Trading Days 

• Phase 1: Minimum of 5 trading days 
• Simulated Funded Account: Minimum of 5 trading days 
• Lot Size: A minimum of 0.01 lots may be used to meet the trading day requirement
• Definition of a Trading Day: 
  
  • A trading day is counted only when a new position is both opened and closed 
  • A new trading day begins at 21:59 GMT