$10,000
Target
% Target profit in each phase needed to proceed to the next phase
Phase I - Evaluation Phase = 8% Phase II - Establishment Phase = 5%
Minimum Trading Days
A trader must enter or execute a trade once a day for 10 days within 30 calender days. First day will be counted from the day first trade is placed. There are no maximum limits to this rule
10 days
Daily Starting Drawdown
A trader must not loose more then 5% of daily starting equity. Drawdown % = [1 - (lowest equity for the day) / (starting equity for the day) ] X 100.A trader will have more drawdown if the account is in positive and less if it is in negative
$500
Overall Drawdown
A trader must not loose more then 12% of starting equity. This number is static and does not follow the equity of the account.
$1,200
Available Leverage
All accounts have 1:100 leverage in evaluation and live phase
1:100
Refundable Registration Fee
All fees are refunded with your first live withdrawal of live account
$84
Monthly Fees
There are No Monthly Fees for Evaluation Model