Step 1 — requirements
Reward Target
| Stage | Target |
|---|---|
| Phase 1 | 10% |
| Phase 2 | None |
| Qualified | None |
The reward target is verified strictly on closed account balance. All open positions and pending orders must be completely closed for target verification.
Example ($100,000 account): initial balance is $100,000. Required profit is $10,000. Balance must hit $110,000 with no active exposures to pass Phase 1.
Minimum Profitable Days
- Requirement: 3 Profitable Days during the evaluation.
- Definition: a day qualifies as a Profitable Day when the end-of-day balance is at least 0.5% of the initial balance higher than the highest recorded previous closing balance.
- Condition: trading sessions without a +0.5% balance increase do not count toward this requirement, regardless of trade volume.
- Qualified Stage: 5 qualifying days in total — 3 Profitable Days plus 2 Trading Days.
Maximum Daily Loss
- Limit: 4% of the initial account balance ($4,000 on a $100k account).
- Calculation: measured from the previous day's closing balance; both closed trades and floating losses count.
- Reset: the threshold resets every day at 00:00 UTC, shown on your dashboard countdown.
Maximum Loss (Account Equity Requirement)
- Limit: 10% from the initial balance.
- Structure: static and fixed from the starting balance; it does not trail upward with profits.
- Example ($100,000 account): equity or balance cannot fall below $90,000 at any point.
Leverage, Holding and News
- Leverage: 1:100 across every asset class.
- Minimum holding time: 3 minutes on every trade.
- Overnight holding: allowed by default. Swap/rollover charges apply as normal.
- Weekend holding: not allowed by default — available as a paid add-on at checkout.
- News trading: unrestricted during the evaluation. On the Qualified Stage a 10-minute restricted window applies.
- Inactivity: 30 consecutive calendar days without a trade closes the account.
- Reward frequency: bi-weekly (every 14 calendar days) once qualified.