Profit Targets
- Phase 1: 6% profit target
- Phase 2: 6% profit targe
- Phase 3: 6% profit target
- Simulated Funded Account: No profit target
Drawdown Limits
- Daily Drawdown:
- Limit: 4% of the initial balance
- Calculated at 21:59 GMT
- Resets daily at 21:59 GMT
- Max Drawdown:
- Limit: 10% of the initial balance
- 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
- Excessive Exposure:
- Any trader who exceeds a 3% risk threshold more than once during Phase 1 (P1) or Phase 2 (P2) or Phase 3 (P3) of the evaluation will be subject to the following consequences:
- Denied funding
- Reset to Phase 1 to retry the evaluation
- Denied funding
- Any trader who exceeds a 3% risk threshold more than once during Phase 1 (P1) or Phase 2 (P2) or Phase 3 (P3) of the evaluation will be subject to the following consequences:
Each Individual Account will only be allowed to retake Phase 1 ONCE
Minimum Trading Days
- Phase 1: Minimum of 3 trading days
- Phase 2: Minimum of 3 trading days
- Phase 3: Minimum of 3 trading days
- Simulated Funded Account: Minimum of 3 trading days
- Lot Size: A minimum of 0.01 lots may be used to satisfy 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