Targets and loss limits
- Profit target
- 8% then 4%
“Traders must achieve a 8% profit target on phase 1 and 4% on phase 2 while respecting all trading rules and risk limits.”
- Daily drawdown
- 4% of initial balance, from the higher of balance or equity
Resets at 5pm EST from the higher of balance or equity at the reset. The same limit applies once funded.
“The maximum daily loss is limited to 4% of the initial account balance.”
- Max drawdown
- 8% static
Measured on equity, including floating positions. Same limit once funded.
“The maximum total loss allowed in 2 Step Standard account is 8%.”