Understanding the Rules
Common Rules
Minimum Trading Days
Most firms require a minimum number of active trading days during evaluation.
Profit Targets
Specific profit thresholds must be reached to pass evaluation phases.
Maximum Drawdown
Limits on how much your account balance can decline from its peak.
Daily Loss Limits
Maximum amount you can lose in a single trading day before being stopped out.
Consistency Rules
No single day's profit can exceed a set percentage of total profits.
Contract Limits
Maximum number of contracts you can hold at any given time.
Prohibited Activities
Account Sharing
Sharing login credentials or letting others trade your account.
Exploiting Data Feeds
Using latency arbitrage or exploiting price feed discrepancies.
Opposite-Side Trading
Hedging across multiple funded accounts with opposing positions.
Gambling Behavior
Placing oversized positions on high-impact news events without risk management.