Advanced traders can showcase their expertise in a 2 Step Evaluation, gaining increased limits and recognition.
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
2 Step Standard / Flex:
Phase 1: Achieve the consistency target for at least 4 days
Phase 2: Achieve the consistency target for at least 2 days
Traders must achieve profitability within the specified number of days and meet the daily profit requirement for their account size.
We offer leverage of up to 1:100.
Currency Pairs 1:100
Metals and Energies 1:30
Indices 1:50
Stocks 1:10
Crypto 1:3
When the account's floating equity reaches the daily loss limit, it will be considered a hard breach.
The Daily Loss Limit is the maximum amount your account can lose in a single day. It is calculated using the balance from the previous day, which resets daily at 00:00 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time). The daily loss limit adjust as your balance increases.
Example 1:
If your balance at the end of the previous day was $100,000, your account would exceed the daily loss limit if your equity dropped to $95,000 during the day.
Example 2:
If your floating equity is +$6,000 on a $100,000 account, your maximum loss for the new day is still based on the previous day’s balance of $100,000. Therefore, your daily loss limit remains at $95,000.
Example 3: If you make a $5,000 profit on a $100,000 account, your closed balance at the end of the day would be $105,000. For the next day, your daily loss limit is calculated based on this new balance, meaning your limit would be $99,750.
When the account's floating equity reaches the maximum drawdown level, it will be considered a hard breach.
Maximum drawdown is the largest loss your account can sustain before breaching its limit. When you open an account, the maximum drawdown is set at 10% of your starting balance. This 10% is static and does not adjust as your account balance increases.
Example 1:
If your starting balance is $100,000, the maximum amount you can lose is $10,000. This means that if your balance falls to $90,000 or less, you will have violated the maximum drawdown rule.
Example 2:
If you increase your account balance to $105,000, the maximum drawdown level remains at $90,000. However, you must also adhere to the daily drawdown limit of 5%, which, in this case, is $99,750. Breaching this daily limit will result in losing the account.