FAQ
1 Step Express
Begin your trading journey with the 1 Step Express Evaluation to demonstrate your skills and eligibility.
What is the leverage in 1 Step Express?
We offer leverage of up to 1:30.
Currency Pairs 1:30
Metals and Energies 1:10
Indices 1:15
Stocks 1:10
Crypto 1:1
What is the consistency rule in 1 Step Express?
The consistency rule ensures traders maintain steady performance over designated trading days without relying on large singular trades to meet a profit target. It applies as follows:
Consistency Target:
$5K to $10K Accounts: 0.3% of initial balance
$20K to $100K Accounts: 0.5% of initial balance
$200K to $400K Accounts: 1% of initial balance
1 Step Express:
Achieve the consistency target for at least 3 days
Traders must achieve profitability within the specified number of days and meet the daily profit requirement for their account size.
How to calculate the 6% max trailing drawdown in 1 Step Express?
When the account's floating equity reaches the maximum drawdown level, it will be considered a hard breach.
The maximum trailing drawdown is initially set at 6% of your account's starting balance and adjust upward as your account balance increases, trailing the high water mark of closed balance. However, this limit is capped at the initial funded amount during the authorized live account stage.
Example 1: If your starting balance is $100,000, you can drawdown to $94,000 before violating the maximum trailing drawdown rule.
Example 2: If your account balance increases to $102,000 in closed balance, this becomes your new high-water mark.
Maximum Trailing Drawdown = $102,000 x 6% = $6,120
Maximum Trailing Drawdown level would be $102,000 - $6,120 = $95,880.
Example 3: If your live account increases to $106,400 in closed balance, the maximum trailing drawdown will be locked at your starting balance of $100,000. As long as you do not exceed the daily loss limit of 3%, you can continue to trade indefinitely.
How to calculate the 3% daily loss limit in 1 Step Express?
Failuer of evaluation occurs when an account's floating equity hits the daily loss limit. This limit represents the maximum allowable loss for the account within a single trading day and is recalculated daily based on the previous day’s closing balance. The reset takes place between 00:00 and 01:00 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time). As your account balance grows, so does your daily loss limit.
Examples:
- If your previous day’s balance was $100,000, breaching the daily loss limit would occur if equity falls to $97,000.
- With a floating profit of +$5,000 on a $100,000 account, the daily loss limit for the next day remains based on the prior balance of $100,000 (limit: $97,000).
- If you close the day with a $5,000 profit, resulting in a new balance of $105,000, the next day’s loss limit will be adjusted accordingly—e.g., $101,850.
Please note: between 00:00–01:00 system time, daily loss limits are updated sequentially. Trades placed during this settlement period may still be subject to the previous day’s limit. To avoid unintended impacts, we recommend refraining from trading at this time.
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