EVALUATION PROCESS

To be able for funding, you must successfully pass our two-phases or one-phase evaluations.

If you have selected the 2 step evaluation: within a few minutes the system will send your phase 2 account.

If you have selected the 1 step evaluation: within a few minutes the system will send your live account.

When phase 2 is passed, you will receive an email of confirmation, then within a few minutes the system will send your live account.

If you break any of the rules such as the max daily drawdown the max overall drawdown or trailing drawdown (on 1 step evaluation) you will be notified by email and your account will be deactivated.

We want to give traders the most freedom as possible, the maximum trading period is unlimited.

You have to trade in at least 5 different days on each phase. They do not need to be consecutive.

Drawdown breach is based on equity. The daily maximum loss (5% on 2 phases evaluation and 4% on 1 phase evaluation) is calculated based on your starting balance at 12:05 AM UTC. The maximum loss limit is fixed at 10% of the initial account balance on 2-phase evaluations (trailing loss works on 1-phase evaluation). 

Applies only to 1-phase evaluations. Drawdown breach is based on equity.

The trailing drawdown loss (6%) is calculated based on your maximum balance reached until 6% of the account is exceeded. At that point, it will remain static at the initial capital of the account.

 

Example: You start out with a $100.000 account. Your trailing drawdown loss is $94,000. Let’s say you make $7,000 profit. Once your account has made over 6% of the starting balance your trailing now locks in $100,000. It no longer trails.