Evaluation — 1-Step
Profit target
10%
of starting balance
Max loss
6%
static floor
Daily loss
3%
of day-open equity
Consistency
50%
max share per day
Min trading days
2
active days
Profit split
90 / 10
once funded
- Profit target. Net +10% to pass (e.g. $5,000 on a $50K account).
- Max loss. Equity can never close below 94% of your starting balance. This floor is static, it does not trail your profits.
- Daily loss. You cannot lose more than 3% of your day-open equity in a single trading day.
- Consistency rule. No single day can make up more than 50% of your target, so passing always takes at least two solid days. Going over the cap doesn’t breach you, the excess just doesn’t count toward passing.
Evaluation — 2-Step
Two phases with more room. Clear Phase 1, we auto-provision Phase 2, and funded follows a Phase 2 pass.
Phase 1 target
8%
Phase 2 target
5%
Max loss
10%
static
Daily loss
5%
of day-open equity
Consistency
50%
Min trading days
5
per phase
Funded account
- No profit target, trade as long as you respect the rules.
- 6% static max loss and a 4% daily-loss limit.
- No consistency cap, big days are fine once you're funded.
- Breach either limit and the account is terminated; a discounted reset is available.
Leverage caps
Caps are enforced at fill time and scale with your equity. Max notional = current equity × the cap for that asset class.
Forex
1:30
Metals
1:30
Indices
1:25
Energy
1:10
Crypto majors
1:5
Crypto alts
1:2
Trading schedule
- Open new positions Monday through Friday; US federal holidays are blocked.
- Closing orders always go through.
- The daily-loss window resets at 5:00 PM America/New_York (the forex close/reopen).
Vera Charts tracks every rule automatically and enforces them at fill time, so you always know where you stand on your dashboard.