What is an Evaluation Account?
The Evaluation Account is the stage before the Funded Account. It allows you to prove your trading skills with lower capital requirements and slightly more flexible rules.
Are profits withdrawable?
No, the Evaluation Account is fully based on simulated capital. All profits generated are only used for qualification purposes and cannot be withdrawn.
Account Sizes & Rules
Rule | $50,000 Account | $100,000 Account |
Profit Target | $3,000 | $6,000 |
Max Drawdown | $3,000 | $6,000 |
Max Position Loss | 1% | 1% |
Breach logic | 2x Soft / 3rd Hard | 2x Soft / 3rd Hard |
Daily Loss Limit (DLL) | No Limit | No Limit |
Consistency | None | None |
Max Position Size | 5 Minis / 50 Micros | 10 Minis / 100 Micros |
Note:
A soft breach means the position is automatically closed, but the account remains active. A hard breach means the account is closed.
What happens after passing?
Once you reach the profit target, you can directly activate the account in the dashboard by paying the activation fee.
You will then receive a new Funded Account with the same account size.
There is no time limit for activating a passed evaluation.
What happens if I violate a rule?
If you breach the account, you may restart the Evaluation Account for a reduced reset fee.
Duration
An Evaluation Account is valid for 30 days.
You may manually extend it in the dashboard for an additional 30 days for $19*.
If no extension is purchased, access to the account will permanently expire.
*older accounts are unfortunately still technically tied to the old data feed for $39