Risk Limits — Apply at All Times
📉
2%
Max daily drawdown from day-start equity
🔻
5%
Max trailing drawdown from peak equity (ever)
📦
2.5%
Max position size per asset (of starting equity)
⚠️
Breaching either drawdown limit — daily or trailing — results in immediate challenge failure. There is no grace period. Your account is locked and you will need to purchase a new challenge to continue.
ℹ️
The trailing drawdown follows your peak equity ever reached, not your starting equity. If you grow your account to $55K on a $50K challenge, your floor moves to $52,250 (5% below $55K) and never drops back down.
Challenge Phases
Phase 1
Challenge
Profit target
8%
Time limit
30 days
Min trading days
5 days
Max trailing drawdown
5%
Max daily drawdown
2%
Consistency rule
Max 40% in one day
Phase 2
Verification
Profit target
5%
Time limit
45 days
Min trading days
7 days
Max trailing drawdown
4%
Max daily drawdown
2%
Consistency rule
Max 40% in one day
✅
Pass both phases while respecting all risk rules and you move to Funded status. The consistency rule means no single trading day can account for more than 40% of your total profits — sustained, disciplined trading is rewarded.