Max Drawdown is static, calculated from the initial balance, not trailing. A "profitable day" requires 0.5% account growth.
The two-phase structure is straightforward, nothing hidden in the numbers themselves
Phase 1 asks for 10% with a tighter 4%/8% daily/max drawdown, Phase 2 drops the target to 5% but loosens both drawdown limits to 5%/10%, and the funded stage keeps Phase 2's risk parameters going forward. That's a real, if modest, easing after Phase 1 rather than the same budget carried through unchanged. Nothing about this table itself is vague, the concerns on this firm live in the enforcement language, not the published rules.
Phase 1 asks for 10% with a tighter 4%/8% daily/max drawdown, Phase 2 drops the target to 5% but loosens both drawdown limits to 5%/10%, and the funded stage keeps Phase 2's risk parameters going forward. That's a real, if modest, easing after Phase 1 rather than the same budget carried through unchanged. Nothing about this table itself is vague, the concerns on this firm live in the enforcement language, not the published rules.
Same firm-wide issues apply
The firm overview covers what applies regardless of which track you pick: the undefined martingale and HFT thresholds that only got real numbers after direct pressure in a support chat, a Terms & Conditions document that changed wording between two of our own visits, and a Trader Agreement you can't read until after you've paid and passed. Read it once rather than per product.
The firm overview covers what applies regardless of which track you pick: the undefined martingale and HFT thresholds that only got real numbers after direct pressure in a support chat, a Terms & Conditions document that changed wording between two of our own visits, and a Trader Agreement you can't read until after you've paid and passed. Read it once rather than per product.
