Profit target: The profit target is set at 5%.
For example, if you have a simulated $100,000 account, you need to achieve a profit of $5,000 to meet the target.
Max drawdown: Is set as 4%
Example: You have a 100k account. Your Max total Drawdown is 4% ($96,000).
Supposing the account is brought up to $103,000 in floating profit, the Max total Drawdown limit will now be $99,000.Only lock the maximum total drawdown based on the starting balance after you close above 4% profit.
Max daily drawdown: Is set as 3%.
Is a constant of the starting balance trailing from the Highest Watermark (HWM) of all trades (Highest Equity).
Example: You have a 100k account. Your Daily Drawdown is trailing 3% ($97,000).
Supposing the account is brought up to $103,000 in floating profit, the Daily Drawdown limit should now be $100,000.
Minimum Trading Days: There is no minimum trading day rule during the evaluation phase. During the funded account the minimum trading day is 3.
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Trading Period: 7 Days. You will have 7 days to complete their evaluation. If you have not approved it after 7 days, your account will be automatically breached.
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