Trading & Payout Requirements
- Minimum Activity:
- 4 profitable trading days
- 2% minimum withdrawal amount
- No single day's profits may exceed 20% of total profits
- Drawdown Rules:
- Daily Loss Limit: 3% (trailing HWM)
- Maximum Drawdown: 6% maximum loss (trailing HWM)
- Positions Rules
- Maximum 2% exposure
- Position increases count as new trades (3 max per instrument)
- Stop-Loss Rule: Must be placed within 60 seconds of trade opening - A stop-loss is mandatory on all trades
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.
- News Trading: No restrictions on news events
- Prohibited Activities
- Floating PnL reaches -2% of account balance at any point
- Opening more than 3 positions per instrument
- Risking more than 2% per trade
- VIOLATIONS WILL RESULT IN A HARD BREACH