Trading Rules
This dedicated page explains all the rules of our program in clear detail. Every trader must understand and adhere to these rules during both the evaluation and when managing a funded account. Breaking any rule will result in a loss of the account. We’ve designed these rules to encourage good trading habits and protect both the trader and the firm.
1. Profit Targets
Fast Track (One-Phase): +8% net profit on the starting balance.
(Example: Start $50,000, target profit $4,000, so target balance $54,000)Regular (Two-Phase): +8% profit in Phase 1, and +4% profit in Phase 2 (each percentage is relative to the initial account balance for that phase).
No Partial Completions: In two-phase, you must complete Phase 1 to advance to Phase 2. Both targets must be met consecutively on the same account (no switching accounts).
Consistency Over Profit: Hitting the target is necessary but not sufficient if done in a wildly inconsistent way (see Consistency Rule below). We may require continued trading until consistency criteria are met, even if the numeric profit target is achieved.
2. Daily Drawdown Limit (Max Daily Loss)
Definition: The maximum drawdown allowed from a day’s starting equity balance. For each trading day (00:00 to 23:59 in platform time, or a defined 24h period reset at 5pm NY for instance), you must not incur losses (realized or unrealized) exceeding 5% of that day’s starting balance/equity.
Calculation: We look at the highest equity point of the day and the lowest equity point. If the difference is more than 5%, that’s a violation. This includes open trades – e.g., if an open trade goes against you such that your equity drop exceeds 5%, even if you haven’t closed the trade, it violates the rule at that moment.
Example: Start day with $100,000. 5% = $5,000. If at any point equity goes below $95,000, violation. If you made some profit early (balance went to $102,000), your new equity high is $102k, 5% of that is $5,100, so going below $96,900 would violate. End of day, the limit resets using the next day’s starting equity (which typically equals previous day’s closing balance if no trades overnight).
Purpose: This ensures no single bad day can blow a significant portion of the account. It encourages cutting losses and not revenge trading beyond prudent limits.
3. Overall Drawdown Limit (Max Total Loss)
Definition: The maximum cumulative loss from the starting balance. This is set at 10% of the initial account balance (for funded accounts and challenges alike). It is applied as a trailing drawdown until the starting balance is secured.
Static vs Trailing:
Evaluation: Static, based on initial balance (e.g., $50k → $45k floor).
Funded accounts: Trailing until initial capital secured, then fixed.
Example (Trailing): $100k funded account, 10% max loss = $90k floor initially. If account grows to $110k, the floor moves to $100k. From then on, you can’t drop below $100k.
No Time Limit: Applies overall, not per day.
Reset on Scale-Up: New drawdown limit is recalculated on scaled-up accounts.
4. Stop Loss (SL) Rule
Every trade must have an SL, placed immediately when opening a position.
SL must remain while trade is open (can be adjusted but not removed).
Max allowed delay: 60 seconds.
Applies to all instruments.
Breaking this = automatic failure.
Risk per trade: max 1–2% of account balance.
5. Consistency Rule
Requirement: Show steady trading, not one lucky bet.
Checks:
No single trading day’s profit > 50% of total.
No single trade’s profit > 50% of total.
No extreme trade-size deviations.
If broken: May need extra trades to prove consistency, or partial profit ignored.
Funded Accounts: Payouts may be adjusted if inconsistency is detected.
Reason: Ensures skill, not gambling.
6. Economic News Restrictions
No opening/closing trades within 10 minutes before and after high-impact news (e.g., NFP, CPI, central bank rates).
You may hold positions during news but cannot close them in that window.
Funded accounts follow same rule.
Prevents “luck trading” around volatile events.
7. Overnight & Weekend Policy
Overnight: Allowed on weekdays.
Weekends: Must close all trades by Friday 4:59pm NY. Reopen Sunday 5pm NY.
Reason: Weekend gaps and widened spreads are risky.
Crypto: No weekend trading in challenges (possible exceptions in funded accounts if stated).
8. Trading Strategies & Instruments
Allowed: Any manual or algorithmic strategy respecting risk rules (scalping, swing, hedging, etc.).
Prohibited:
Latency arbitrage
Reverse arbitrage
Martingale/Grid without SL
Third-party copy trading (funded)
Multiple accounts collusion
Illegal activities / system abuse
9. Minimum Trading Days
Evaluation: At least 5 separate trading days per phase.
Funded: No strict requirement, but inactivity >30 days may close account.
Reason: To avoid “one-day wonders.”
10. Account Breach & Consequences
Any rule violation = account failure.
Challenge ends, funded accounts are closed.
Unpaid profits are forfeited.
No second chance on same account.
Minor technical breaches may be reviewed, but policy is strict.
11. Communication & Support
No manual warnings – trader responsibility.
You may contact support for clarifications.
Rules are enforced in real time (only consistency is reviewed manually).
If flagged by error (e.g., tech glitch), we’ll investigate and reinstate if proven.
In Summary
These rules might seem strict, but they are the pillars of successful trading and capital preservation. Follow them and you’ll protect your account while focusing on the real goal: consistent profit.