Targets & Drawdowns
Profit Target Step 1
10.0%
Daily Drawdown
5.0%
Max Drawdown
6.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
80%
Payout Frequency
Bi-weekly
Additional Rules
Single-phase evaluation requires that traders must reach the profit target in one phase to become funded for the five thousand dollar account. A trailing maximum drawdown of 6% is applied meaning the loss limit increases as your account balance grows and does not decrease afterward which requires careful profit management. A static daily drawdown of 3% is enforced and resets every day based on the balance or equity at the start of the day. There are no minimum trading days so the challenge can be completed as soon as the profit target is reached without any time-based restrictions. The unlimited trading period ensures there is no expiration date for the challenge allowing traders to wait for high-probability setups. Standard leverage of 1:100 is offered for forex pairs and the profit split typically starts at 80% with scaling options. News trading holding over the weekend and the use of EAs are generally allowed provided they follow the firm's rules on prohibited strategies. The trailing drawdown creates a risk compression effect as profits increase reducing the margin for error compared to static models. This one-step model is statistically faster to pass but requires a higher level of discipline due to the trailing drawdown mechanism that follows account growth.
Scaling Plan
The scaling plan for the five thousand dollar one-step account allows traders to increase their initial balance by 25% every time they achieve a total profit of 10% or more over a period of four consecutive months. To qualify for scaling the trader must have processed at least two payouts during this period and the account balance must be at the initial starting capital at the time of the scale-up request. Once these criteria are met the account size is increased and the drawdown limits are adjusted according to the new balance providing greater capital for long-term growth and higher profit potential.
