2-Step Chalenge
The 2-Step Model is designed to test and refine your trading skills in two phases. Successfully completing both phases without violating any trading rules will qualify you for a Simulated funded account.
2-Step Standard Challenge
Overview of All Steps
Step 1 Trading Objectives:
Achieve a 8% profit target on Step 1.
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, you will automatically proceed to the next step.
Step 2 Trading Objectives:
Achieve a 5% profit target on Step 2.
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, your entire evaluation period will be reviewed. Congratulations, once the review is a success, you will be a funded AI PROP Trader.
Account Violations (Hard Breach)
Hard breach are serious violations to our established rules. A hard breach happens when a trader exceeds the maximum daily loss or total drawdown limit, resulting in the immediate closure of the account. This applies during evaluation and funded.
What does this mean?
The maximum daily loss allowed is 5% of your initial account balance. This is calculated daily at 00:00 GMT, based on the higher value of either your account balance or account equity.
How is it calculated?
At the 00:00 GMT day reset:
We check the higher of your account balance or equity.
We subtract 5% of the initial account balance from this value to calculate your daily drawdown limit for the next day.
Example 1: Higher Equity
With a $105k balance and a $107k equity, your equity cannot fall below $101,650 that day.
Example 2: Higher Balance
With a $100k balance and a $99k equity, your equity cannot fall below $95,000 that day.
The Maximum Loss Limit is the total amount your equity or balance cannot go below. Violating this rule is a hard breach and will lead to the closure of your account.
Maximum Loss Limit: 8% (of the initial account size)
Example:
For a $100,000 account, your equity or balance cannot drop below $92,000.
Key Notes:
· Daily drawdown resets daily at 00:00 GMT.
Rewards
Profit Split
Traders receive a 80% profit split as standard. Example: If a trader earns a profit of $5,000 and requests a payout, they will receive $4,000 as their total payout.
Upon checkout you have the option to upgrade with an add on to:
95% PROFIT SPLIT
On-demand Payout
Reward Cycle
We offer bi-weekly payouts, allowing traders to withdraw their profits every 14 days. Simply request a reward, and your earnings will be processed accordingly.
Leverage
The account leverage is the ratio of a trader’s capital to the size of positions they can control.
- Forex: 1:10
- Spot Metals: 1:5
- Spot Energies: 1:5
- Indices: 1:5
- Crypto Currencies: 1:2
- Shares USA: 1:5
- Shares EU: 1:5
- ETF's CFD: 1:5
Depending on the traders risk management we increase the leverage back to its Max.