Do You Have A Consistency Rule?
We have a 30% Daily Profit Consistency Rule. This means that when submitting a withdrawal request, no single day's profit should exceed 30% of your total profit, focusing strictly on profits, not overall PnL. Upon submitting a withdrawal request, trades that exceed this limit will be flagged as a soft breach, with the invalid trades removed while keeping account access. Additionally, no single trade should account for more than 30% of your total profit.
Lot Size Consistency: This rule ensures trade size consistency when a payout is requested. Your average trade size sets a range, allowing for a maximum of 100% above and a minimum of 70% below that average.
Note: Trades placed within a 30-second window are combined into one position for both profit and lot consistency checks.
At the Prime Funded Trader Stage, we have a requirement for our traders to participate in a minimum of 5 trading days before each withdrawal. Our 1-Step funding program offers a faster path to begin your live sim-funded journey compared to most firms, and it comes with no restrictions during the evaluation stage. We view the minimum day aspect as a fair measure to help us gather proprietary data and gain insights into your trading approach.
While many other firms have multiple stages/phases for this process, we prioritize putting you on track for a simulated profit split quickly, which can happen in as little as 72 hours. We believe that assessing your live sim trading abilities is crucial because that's when it truly matters.
The 5 minimum days to understand your strategy serves as a small consistency rule, and it's only fair considering the absence of restrictions related to Expert Advisors (EAs) during the evaluation. The best part is that you can even reach the Prime Funded Trader with just one successful trade!
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