Trading RulesChallenge Types
- Two active formats, both lead to a funded account. The Instant format - no evaluation stage, with trading right away - is stated as preparing for launch.
1-Stage - one evaluation stage, the fastest path to funding. Profit target 10%, maximum daily loss 3%, maximum overall drawdown 6%, minimum 3 trading days. Account sizes: $5,000, $10,000, $25,000, $50,000, $100,000.
- 2-Stage - two evaluation stages. Stage 1: target 5%, daily loss 5%, drawdown 10%. Stage 2: target 6%, daily loss 5%, drawdown 8%. Minimum 5 trading days at each stage. Account sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000.
- There is no trading period: no time limits are set at any stage. The $500,000 size is stated as preparing.
Conditions on the funded account
- After 1-Stage: no profit target, daily loss 3%, overall drawdown 6%.
- After 2-Stage: no profit target, daily loss 5%, overall drawdown 8%.
- Trader's profit share - 80%, with an option to increase to 90%. Leverage at all stages - up to 1:5.
Profit target
- The target is calculated as a percentage of the purchased account size. For example, on a $25,000 account in the two-stage format, the Stage 1 target is $1,250 (5%), the daily loss limit is $1,250 (5%), the maximum drawdown is $2,500 (10%). Within one format, the percentages are the same for all account sizes: only the dollar amount increases.
Minimum trading days
- In the two-stage format, a minimum of 5 trading days is required at each stage; in the one-stage format, a minimum of 3 trading days. A trading day is a day on which at least one position is opened; if a trade is opened on one day and closed on another, it counts as one day. A day without opened trades does not count. This is a minimum, not a maximum - since there is no time limit, there can be as many days as you like.
Daily loss limit
- Daily loss = current Equity − Balance at the start of the day
Balance - the account taking into account only closed positions, trading commissions and funding. Open positions are not included in Balance.
- Equity - the account taking into account open and closed positions, updated in real time.
- The limit is fixed as a percentage of the challenge's starting balance and is not recalculated: on a $10,000 account with a 5% limit, it is always $500, even if the balance has grown to $10,700. The limit is updated at 00:00-00:13 UTC+4 on the Crypto + TradFi market and at 08:00-08:10 UTC+4 on the US Stocks market - at that moment the start-of-day balance is fixed for 24 hours.
Trading commissions and funding are included in the calculation: they are not reflected in the position's PnL, but they reduce Balance and immediately affect the daily loss. Open positions are carried over to the next day along with the floating result, so a new day may begin with a partially used limit.
Example on a $10,000 account with a $500 limit: start-of-day balance $10,000, the failure threshold by Equity is $9,500. Opening a position with a $5 commission gives −$5, a position drawdown to −$400 gives −$405, a funding charge of −$50 gives −$455, a further drop of $45 brings Equity to $9,500 - the challenge is failed.
Overall loss limit
- The maximum drawdown is calculated from the account's initial deposit. When it is reached, the challenge ends. The dashboard shows the exact Equity level at which the account will be failed; statistics are updated periodically, and the time of the last update is shown in the panel.
Limit violations
- When the daily or overall limit is reached, open positions are closed automatically, and the challenge is considered irrevocably failed and is blocked. After that, you can start over by purchasing a new challenge.
Options at purchase
- +10% to profit share - increases the profit share to 90% at the Trader stage.
- Daily Loss Protection - a one-time protection of the daily limit: when it is reached, the system closes positions but allows you to continue trading instead of ending the challenge. Triggers once.
- Without options - basic conditions: 80% profit share, standard limits.
- The cost of options depends on the account size.
Leverage and margin modes
- Leverage is configurable from 1x to 5x on all available pairs; the full position size equals margin multiplied by leverage.
Two margin modes are available. Isolated - each position has its own margin, and the loss is limited to it. Cross - margin is shared across all positions, and profit and loss of longs and shorts are netted. You cannot work in two modes at the same time: to change the mode, you must close all positions and cancel all pending orders.
Commissions
- The trading commission is charged on the full position size, including leverage, both on opening and on closing:
Maker - 0.01% (an order that adds liquidity).
- Taker - 0.03% (an order that takes liquidity).
- Example: a $10,000 position with 1:5 leverage gives a full size of $50,000 - maker commission $5, taker $15.
Additionally, a funding fee applies - a periodic payment that keeps the futures price close to spot. It goes between traders, not to the platform: when longs prevail, the rate is positive and longs pay shorts; when shorts prevail, the opposite. Funding affects Balance at the moment it is charged.
Instruments
- Perpetual futures only, no spot trading. More than 170 instruments are available:
Cryptocurrencies - 135 instruments: BTC, ETH, SOL, XRP, BNB, DOGE, ADA, LINK, TRX, AVAX, SUI, XMR and others.
- TradFi - 31 instruments: Brent crude (BZ) and WTI (CL), natural gas (NATGAS), index ETFs - SPY (S&P 500), QQQ (Nasdaq 100), EWY (South Korea), EWJ (Japan), as well as stocks: Apple, Tesla, Meta, Amazon, Palantir, Coinbase, Robinhood, Intel, Micron, Qualcomm, TSMC, SK Hynix, Samsung, Nokia, SpaceX, OpenAI, Circle, Strategy, Eli Lilly, PayPal, JPMorgan, SanDisk, AXT, Applied Optoelectronics.
- Metals - 5 instruments: gold (XAU), silver (XAG), copper (COPPER), platinum (XPT), palladium (XPD).
- The US Stocks market is launched and operates on a separate terminal: more than 11,000 NYSE and NASDAQ stocks, two-stage format only, accounts from $5,000 to $100,000. On the Crypto + TradFi market, trading runs around the clock, including weekends. On the US Stocks market, trading is only on weekdays during US exchange hours: positions are closed at the end of the trading day, and overnight and weekend holding is not possible.
Position size limits
- Each instrument has two restrictions - a maximum per position and a maximum in total per instrument. The limits apply to the full position size including leverage. For example: BTC, ETH, SOL, XRP, DOGE - $250,000 per position and $500,000 in total; LTC - $150,000 and $500,000; ADA, BNB, LINK - $100,000 and $500,000; SPY - $100,000 and $100,000; WTI crude - $250,000 and $500,000; gold and silver - $250,000 and $500,000; platinum - $20,000 and $75,000; palladium - $15,000 and $50,000. The full table for all instruments is published in the documentation.
What is prohibited
- Arbitrage, manipulation and other forms of unfair trading.
- At stages 1 and 2 - simultaneously opening opposing positions (BUY and SELL) on the same instrument across different challenges: this is considered a conflict of interest and may lead to account cancellation.
- Otherwise, any trading strategy is allowed - both on the challenge and on the funded account.
What is allowed
- Hedging: you can hold positions in different directions, including long and short on the same asset. On the funded account, any strategies are permitted, including hedging; opening fully identical opposing positions makes no sense due to the lack of trading effect.
- Carrying open positions over several days. In this case, the floating result is included in Equity and affects the loss limits.
- Trading on weekends and during news releases - no restrictions.
- Stop Loss is not mandatory. But the limits must be observed: when they are reached, positions are closed forcibly.
- Multiple challenges at the same time - up to the funded stage. At the funded stage, you can trade only one challenge of each denomination: a one-stage $100,000 and a two-stage $100,000 are considered the same denomination.
- Denominations are counted separately by market: a US Stocks challenge for $100,000 and a Crypto + TradFi challenge for $100,000 are different denominations; at the funded stage you can trade both.
- Order types
- Market, limit and trigger (stop-limit) orders are available, as well as Take Profit, Stop Loss, partial TP/SL and trailing stop. For market orders, slippage protection applies - no more than 10% on large orders. Contracts reserved by a pending limit order are unavailable for Stop Loss and Take Profit until it is executed or canceled, so you should not close one position simultaneously with a limit order and SL/TP.
Purchasing a challenge
- The market, account type, size and options are selected on a single page. Payment - in USDT or USDC on the ERC-20, TRC-20, BEP-20, Arbitrum, Optimism or Solana network; you must send the exact amount and strictly on the selected network. 30 minutes are given for the transfer, and the page checks the payment automatically. The account is created instantly, KYC is not required. The promo code is entered before payment - it cannot be applied after payment.
