THE DAY TRADING FUNDED TRADER PROGRAM.

• The Minimum Active Trading Days for the Assessment Phase are 10 Days and 10 Days for the Qualification.
• The Active Trading Days are not calendar days.
• An Active Trading Day is the day the Trader opens a new trade on a new day. ‎ For example, if the Trader opens EURUSD trade on Monday and closes the ‎same trade on Thursday, this counts as 1 Active Trading Day. The Active Trading Day that ‎counts is the day when EURUSD was opened and not the entire duration of the trade.‎

• The Profit Target for the Assessment Phase is 10% of the initial balance and 5% for the Qualification Phase.
• The Profit Target is the sum of the Net eligible Profit after closing all positions and pending orders.
• All Market and Pending Orders must be closed once reaching the Profit Target to review the account at the end of each phase.

• On any given day, the Maximum Loss must not be equal to or exceed the value of 4% of the initial account balance (Initial Account Balance x 4%).
• The Max Daily Drawdown includes any swaps, commissions, and spreads.
• The Max Daily Drawdown resets every day at 22:00 GMT (Midnight Broker's Time).

Scenario #1:

If your starting account balance is $50,000, your Max Daily Drawdown is $2,000. Therefore, if earlier on the day you lost $1,000, you will have room to lose the remaining $1,000 on the same day. 

Scenario #2:

If your starting account balance is $50,000, your Max Daily Drawdown is $2,000. If you made $3,000 in Net Profit earlier on the day, you would have room to lose the $5,000 ($3,000 Profit + $2,000) on the same day. If your account balance or equity reaches -$5,000 in losses on that same day, then your account would get terminated due to breaching the Max Daily Drawdown Rule.

Scenario #3:

If your starting account balance is $50,000, your Max Daily Drawdown is $2,000, and earlier on the day, you made $3,000 in Net Profit. On the same day, you opened new trades, and you had floating positions with total current floating losses of $4,500. 

In this instance, you won't be violating the Max Daily Drawdown Rule "Today" because you already made $3,000 earlier, and your total loss for the day is $1,500 (+$3,000 closed Net Profit -$4,500 floating losses), which did not exceed The Max Daily Drawdown value of $2,000.

However, if you leave those positions open until the next day (after midnight broker's time), then you will be violating the Max Daily Drawdown rule because you will end up with $4,500, which is more than the $2,000 threshold.

• The Max Absolute Drawdown is a 10% Fixed loss from the initial balance for all Phases on any given day.
• The losses can never exceed the 10% loss of the Initial Account Balance.

For example:

Suppose you're starting on a $50,000 account, then the stop out level based on the 10% Fixed loss would be $50,000 – ($40,000 x 10%) = $45,000. So, you would not lose the account unless the account balance or equity reaches $45,000.

• The Initial Profit Split when becoming funded is 70% on the first 10% Net Profit you will make. Once a 10% Net Profit is achieved, you must close all positions and allow us to review your account for any violations.
• The Profit Split then will increase to 80% afterwards.
• When qualifying for the Growth Plan, we will increase your Profit Split to 90% for Tier 1 and 100% for Tier 2.

Tier 1: We scale up your account by 30% of the original account size and qualify for a 90% profit split if you meet the following conditions:

• Achieve 10% or more within 4 consecutive months (average of 2.5% per month) AND 2 out of 4 consecutive months were profitable.
• You also must have processed at least 2 withdrawals within those 4 months on the 80% Profit Split.
• Your account balance must be positive at the end of the 4th month.
• Every 4 months is considered 1 cycle, with the 1st cycle starting the date of issuing the account.

Tier 2: We will give you 100% of the Net Profit once we scale up your account 3 times (Repeat Tier 1 three times).