Our Instant Model offers direct access to a Funded account, giving you the possibility to start generating profits right away. 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
Maximum Daily Loss Limit
The Daily Loss Limit is the amount you are allowed to lose in a single day.
This rule is set as a % of the starting equity or balance of the day (00:00 EST/server time). The higher value between equity and balance will be used. The equity of the day, which is the result of the currently floating P&L in sum with all closed positions of that day, must not hit the Maximum Daily Loss Limit.
Example:
At the start of the day (00:00 EST/server time), your account balance is $104,000 and your equity is $106,000. The higher value between equity and balance will be used, which is equity in this case. If the Daily Loss Limit is 3%, the Daily Loss Limit will be $3,180 for that day (3% * $106,000). If your equity goes below $102,820 ($106,000 - $3,180) at any given moment during the day, your account will be closed.
Maximum Trailing Loss Limit
The Maximum Trailing Loss Limit is the amount your equity or balance can't go below. It increases with your equity. It locks at your initial account size.
The trailing mechanism is based on equity, which means that the limit will trail and adjust to the highest equity level reached by the account until it reached your initial account size.
Example:
Starting with a $100,000 account and a 5% maximum trailing loss limit
Your equity grows to $102,000 in the first trading hours, which adjusts your trailing loss limit to $97,000
If your account equity drops below $97,000, trading is immediately halted and the account fails
Once you reach $105,000 in equity, the trailing loss limit locks at $100,000. Even if your account grows to $106,000, the trailing loss limit will still be $100,000
Minimum Profitable Days
You are required to have a minimum of 4 profitable days by the end of each 20-day period. The first 20-day period begins on the day of your first trade. A profitable day will only be counted if the profit for that day is at least 0.25% of the account balance.
The 20-day period resets either at the end of each cycle or after a reward is processed.
Leverage
Trade with up to 1:50 leverage with RAW Spreads. There is a different leverage applied for different types of financial instruments. FX 1:100, Indices 1:20, Metals 1:30, Energies 1:10 & Crypto 1:2.
News trading, Swing trading, and Trading Hours
There are no restrictions on holding trades during news events or over the weekend. This applies to both the Evaluation and Funded stage.
Payout Guidelines
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 $600K at any given time.
Once you submit a payout request, it cannot be edited or canceled.
The minimum payout amount is 1% of the initial account balance.
2% Buffer: The first 2% profit generated on the Funded account cannot be requested as a payout. It serves as a buffer to help prevent your account from reaching the 2% trailing loss limit when you request a payout.
Your account must satisfy both 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.
Biggest Loss Cannot Exceed Biggest Win: Your biggest loss on the account must not exceed your biggest win. Keep trading until your biggest loss no longer exceeds your biggest win.
Payout window
You can request payouts daily. Daily account reconciliations occur between 5:00 p.m. and 7:00 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.