The 2-Step account has two challenge phases. Pass both and you move to the Funded Stage.
Profit Target
- Phase 1: 6% ($6,000 on a $100k account).
- Phase 2: 5% ($5,000 on a $100k account).
- Funded: none.
- Conditions: verification is balance-based with zero open or pending positions.
Minimum Days
- Challenge (Phase 1 and Phase 2): 3 Winning Days per phase.
- Funded: 5 Winning Days before each payout.
- A Winning Day is a single trading day (00:00 to 23:59 UTC) in which your account's profit reaches at least 0.5% of the Initial Account Balance, calculated on an equity basis.
Maximum Daily Drawdown
- Challenge (Phase 1 and Phase 2): 4% of the Initial Account Balance ($4,000 on a $100k account).
- Funded: 4% of the Initial Account Balance ($4,000 on a $100k account).
- Includes closed trades and floating losses. Resets every day at 00:00 UTC, dashboard time.
- A breach is permanent account failure. There is no daily pause.
Maximum Loss
- Challenge and Funded: 6% of the Initial Account Balance. The equity/balance floor is $94,000 on a $100k account.
- Static from the initial balance.
Minimum Holding Time
- 3 minutes for all positions, in all stages. Closing earlier is a hard breach.
News Trading
- Challenge: unrestricted.
- Funded: restricted window of 5 minutes before and 5 minutes after high-impact releases (soft breach).
Additional Funded Stage rules
- Trade layering: a new trade may open only 10 minutes after the previous trade's opening time.
- 1% Per-Trade Risk Rule: the floating loss on a single position must not exceed 1% of the Initial Account Balance.
- EAs are allowed only if they follow every rule. High-frequency trading (HFT) bots are not allowed.
Inactivity
- 30 consecutive days without an executed trade closes the account. Applies to Challenge and Funded.
Leverage and Payouts
- Leverage: 1:100 for all asset classes.
- Payouts: bi-weekly (every 14 days) once Funded.
- Profit split: starts at 70% and grows up to 100%.
- Account fee: returned with your first successful payout.
Optional Add-On (at checkout, for an additional fee)
- Overnight Holding: prohibited by default, unlocked by the Overnight Holding Add-on (+10% of the account fee).
- Weekend Holding: prohibited by default, unlocked by the Weekend Holding Add-on (+15% of the account fee).