How it works
Two routes to the reward stage. Pick one and read it through.
Every account, on every route, is simulated.
Classic · Two-step evaluation · 3 stages
Stage 1 of 3
The first phase
The first phase asks one question: can you reach a target without breaking the risk limits? Nothing here rewards speed.
Choose your account size
From $10,000 to $100,000. The size you pick sets every figure that follows, because the Classic target and both loss limits are percentages of it.
Reach the 8% profit target
$8,000 on a $100,000 account, measured from your starting balance. There is no time limit, so you set the pace.
Trade on at least 3 separate days
A day counts once you place at least one trade on it. This is what stops a single session clearing a phase on its own.
Stay inside the two loss limits
5% ($5,000) in any one day, and 10% ($10,000) for the account overall. Both are measured on equity, so open trades count. Reaching either one fails the challenge.
See how the limits are measured
Stage 2 of 3
The second phase
Same account, same limits, a lower target. The second phase exists to show the first one was not a single good week.
Reach the 5% profit target
$5,000 on a $100,000 account, measured from the balance you start this phase with. It is a lower bar than the first phase on purpose.
Trade on at least 3 separate days
A day counts once you place at least one trade on it. This is what stops a single session clearing a phase on its own.
The limits do not change
5% ($5,000) in any one day, and 10% ($10,000) for the account overall. Both are measured on equity, so open trades count. Reaching either one fails the challenge.
See how the limits are measured
Stage 3 of 3
The reward stage
This is what the evaluation was for. From here there is no target to hit. You keep trading within the same risk limits, and eligible simulated performance can earn a reward.
Your reward-stage account opens
Once you have passed, your reward-stage account opens on the same simulated platform. Before your first reward is paid, you complete identity checks.
There is no profit target
Nothing to reach and nothing to prove. The only figures that still bind you are the two loss limits.
You can earn a reward
A reward is based on 80% of eligible simulated performance, or 90% with the reward-split add-on, and is paid under the programme terms after identity and fraud review.
Simulated trading environment only; no brokerage account is provided. Evaluation fees apply. Rewards are performance-based, not guaranteed, and subject to eligibility, verification and programme Terms and Conditions.
Questions about the journey
No. There is no deadline on any evaluation phase, so a slower, smaller-risk approach costs you nothing but time.
A calendar day on which you place at least one trade. The days do not have to be consecutive.
Yes. News trading is allowed, and positions may be held overnight and over the weekend. Those rules are the same at every stage. Simulated trades carry trading costs, as they would on a live account: a commission when a trade opens and when it closes, a price markup on some symbols, and holding costs on positions kept overnight. Each symbol's costs are shown on the platform.
The challenge fails at that point. It takes effect at once: no grace period and no partial reset.
It is a trade-off between how much you prove up front and how much room you get. Classic asks for two phases and gives you the widest loss limits and the lowest fee. Direct asks for one, with tighter loss limits in exchange. The figures for both sit side by side on the challenges page.
Ready to pick a route?
The figures for both sit side by side on the challenges page, with the fee for every account size.