Our 1-Step Model is designed for traders who want to prove their skills quickly. It only has an Evaluation Phase, which you need to pass to gain access to a Simulated Funded Account where you can start generating profits.
This is an overview of the most important rules you must follow. You will also find the requirements to apply for a payout.
Trading Rules - Evaluation Stage
Drawdown limit
You can choose between the End-of-Day Trailing Drawdown or the Intraday Trailing Drawdown. The drawdown method that you choose will apply to both the Evaluation and Funded Account. Exceeding your drawdown limit will result in account failure.
End-Of-Day Trailing Drawdown Limit The EOD Trailing Drawdown Limit is the total amount your balance/equity can decrease. If the account balance increases by the end of the day, the drawdown limit adjusts upward. If the account balance decreases, the drawdown remains unchanged.
The EOD Trailing Drawdown locks when profits exceed the drawdown limit by $100. For example, in a $50,000 account with a $2,000 drawdown, once profits reach $2,600, the drawdown locks at $50,100. | Intraday Trailing Drawdown The Intraday Trailing Drawdown Limit is the total amount your balance/equity can decrease during the trading day. If the account balance/equity increases throughout the day, the drawdown threshold adjusts upward. If the account balance/equity decreases, the drawdown threshold remains unchanged.
The Intraday Trailing Drawdown threshold locks when the account balance/equity exceeds the Trailing Max Drawdown limit by $100. For example, in a $100,000 account with a $3,000 drawdown, once your profits reach $3,100, the drawdown threshold locks at $100,100. |
Consistency rule
To pass the evaluation stage, your most profitable day cannot account for more than 50% of your total profits.
Contracts
A $50K account can trade up to 5 Minis (50 Micros).
A $100K account can trade up to 10 Minis (50 Micros).
A $150K account can trade up to 15 Minis (50 Micros).
Swing Trading and Trading Hours
All positions must be closed BEFORE 4:59 PM EST Monday through Friday, before the market closes. Any open positions will be automatically closed at 4:59 PM ET. This will not result in a fail or loss of account.
Starting at 6:00 PM EST, Monday through Thursday, and on Sunday evening, you can start placing trades again.
This means that you are not able to swing trade or hold positions over multiple days.
News Trading
You are allowed to trade any news events.
Payout Guidelines - Funded Account
You can request payouts daily, even from day one.
Earn a generous 90% split on all profits you make.
Any trader can have a maximum allocation of $1M at any given time.
Once you submit a payout request, it cannot be edited or canceled.
Be aware that if you fail your account before the request is processed, your payout will be denied.
The minimum payout amount is
$1,000 on the $50K account
$1,500 on the $100K account
$2,000 on the $150K account
The maximum payout amount is
$1000 for the first payout on the $50K account, and increases by $250 with every payout you make.
$2000 for the first payout on the $100K account, and increases by $500 with every payout you make.
$2500 for the first payout on the $150K account, and increases by $500 with every payout you make.
Your account must satisfy all three criteria below to qualify for EACH payout:
Minimum 10 positive trades done
Biggest trade rule: no single trade's profit should exceed 20% of the total profits. Notice that this rule applies to trades, which means that you can hit the requirement in 1 day and request a payout.
Minimum Account Balance Needed: Reach and maintain at least $100 in profit over the Drawdown limit.
See the table below for the specific amounts for each account size.
You can withdraw from this balance, but be aware that this might leave you with a small drawdown room.
ACCOUNT SIZE | TRAILING MAX DRAWDOWN | MIN BALANCE NEEDED |
$50,000 | $2,000 | $52,100 |
$100,000 | $3,000 | $103,100 |
$150,000 | $4,500 | $154,600 |
Minimum Profit Requirement (from 2nd Payout Onwards): To be eligible for your 2nd and all subsequent payouts, you must meet a minimum profit threshold based on your account size:
$500 on a $50K account
$1,000 on a $100K account
$1,500 on a $150K account
Payout window
You can request payouts daily. Daily account reconciliations occur between 5:00 p.m. and 10:00 p.m. EST.
Once your payout is approved, your funds are immediately withdrawn from your account. The payment will be issued within 24 hours after the withdrawal has been processed.