FAQ
2 Step Standard
Advanced traders can showcase their expertise in a 2 Step Evaluation, gaining increased limits and recognition.
What is the consistency rule in 2 Step Standard/Flex?
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.
What is the leverage in 2 Step Standard?
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
How to calculate the 5% daily loss limit in 2 Step Standard?
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 $95,000.
- With a floating profit of +$6,000 on a $100,000 account, the daily loss limit for the next day remains based on the prior balance of $100,000 (limit: $95,000).
- 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., $99,750.
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.
How to calculate the 10% max drawdown in 2 Step Standard?
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.
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