evaluation process
1
Qualifying Round 1
The Race
That’s it! You are now a PT1 A-Licence trader. Get the account with the same balance as your Qualifying Round account and keep an up to 90% profit share. Consistent traders can scale up to $2,000,000.
EVALUATION PROCESS RULES
Profit Target
You need to hit a 10% profit target.
8% Max. Drawdown
You are allowed a generous buffer of 8% to keep you in the game.
4% Max. Daily Loss
You are allowed a maximum of 4% drawdown in a single trading day.
No Time Limit
Trade at your own pace and with no time constraints.
News Allowed
Trade during news releases without any restrictions.
Up to 90% Profit Share
This is your share of achieved profits. At a 90% profit share on a $10,000 target, you keep an amazing $9,000.
COMPARE LICENSES
- 10,000 USD
- 25,000 USD
- 40,000 USD
- 60,000 USD
- 100,000 USD
Qualifying Round 1
Race
Profit Target
5%
–
The Profit Target is an amount that a trader must reach as a profit on the assigned trading account anytime within the Trading Period. Keep in mind that to proceed to the next phase, all positions must be closed (balance must equal equity). Profit target is calculated as a percentage of the starting balance. For example, if you trade an account with a $100,000 starting balance, and the profit target is 10%, then your profit target is $10,000.
Maximum Daily Loss
5%
5%
The Daily Drawdown Loss is the maximum amount you can lose throughout a single day. Maximum daily loss is a percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. If the equity drops to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11PM CET each day.
For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you however close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.
Maximum Drawdown
8%
10%
The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
It is calculated as: Maximum Drawdown Limit = Initial Balance – Initial balance * Percentage
For example, the maximum Drawdown is 8%, and the account initial balance is 50 000. The calculation is therefore 50 000 – 50 000*8%. This means that if the account’s equity reaches 46 000, the account has breached this hard rule and will be suspended.
If the client is profitable and made a profit of 3000 and the balance is now 53000, the maximum drawdown limit remains at equity of 46 000. Client can therefore lose 7000 before being disqualified.
Drawdown Type
Equity based
Equity based
Both Maximum Daily Loss and the Maximum Trailing drawdown are monitored on the equity. This means that if the account`s equity (sum of both closed and open positions) reaches the amount to which its allowed to drop to, the account will be disqualified.
Leverage
1:33
1:33
The leverage displayed refers to Forex pairs and Gold only. Traders can purchase an add-on at checkout to increase leverage on Forex and Gold only. Oils and Indices receive 10:1 leverage. Stocks receive 5:1 leverage, and cryptocurrencies receive 2:1 leverage.
Minimum Trading Days
3
3
To meet this objective, you must trade for at least 3 days during the current duration cycle. A trading day is defined as a day when at least one trade is opened. If a trade is held over multiple days, only the day when the trade was opened on is considered to be the trading day.
Maximum Trading Days
365 days
365 days
This represents a number of calendar days within which the trading objectives must be met. If the trading account reaches the maximum trading days without meeting the trading objectives, the account is disqualified.
Inactivity Allowance
30 days
30 days
This represents number of calendar days within which the trader must perform a trade in order for the trading account to remain active. If no trade is placed within 30 calendar days, the account will be disqualified even if there are currently open positions.
Payout Split
–
70/30 (up to 90/10 with scaling)
The payout split is applicable to Funded Traders only (trading in Race Accounts). Subject to fulfilment of all requirements, clients are entitled to up to 90% of profits generated on the Race Account.
Price
€300
Free
Qualifying Round 1
Race
Profit Target
5%
–
The Profit Target is an amount that a trader must reach as a profit on the assigned trading account anytime within the Trading Period. Keep in mind that to proceed to the next phase, all positions must be closed (balance must equal equity). Profit target is calculated as a percentage of the starting balance. For example, if you trade an account with a $100,000 starting balance, and the profit target is 10%, then your profit target is $10,000.
Maximum Daily Loss
5%
5%
The Daily Drawdown Loss is the maximum amount you can lose throughout a single day. Maximum daily loss is a percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. If the equity drops to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11PM CET each day.
For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you however close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.
Maximum Drawdown
8%
10%
The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
It is calculated as: Maximum Drawdown Limit = Initial Balance – Initial balance * Percentage
For example, the maximum Drawdown is 8%, and the account initial balance is 50 000. The calculation is therefore 50 000 – 50 000*8%. This means that if the account’s equity reaches 46 000, the account has breached this hard rule and will be suspended.
If the client is profitable and made a profit of 3000 and the balance is now 53000, the maximum drawdown limit remains at equity of 46 000. Client can therefore lose 7000 before being disqualified.
Drawdown Type
Equity based
Equity based
Both Maximum Daily Loss and the Maximum Trailing drawdown are monitored on the equity. This means that if the account`s equity (sum of both closed and open positions) reaches the amount to which its allowed to drop to, the account will be disqualified.
Leverage
1:33
1:33
The leverage displayed refers to Forex pairs and Gold only. Traders can purchase an add-on at checkout to increase leverage on Forex and Gold only. Oils and Indices receive 10:1 leverage. Stocks receive 5:1 leverage, and cryptocurrencies receive 2:1 leverage.
Minimum Trading Days
3
3
To meet this objective, you must trade for at least 3 days during the current duration cycle. A trading day is defined as a day when at least one trade is opened. If a trade is held over multiple days, only the day when the trade was opened on is considered to be the trading day.
Maximum Trading Days
365 days
365 days
This represents a number of calendar days within which the trading objectives must be met. If the trading account reaches the maximum trading days without meeting the trading objectives, the account is disqualified.
Inactivity Allowance
30 days
30 days
This represents number of calendar days within which the trader must perform a trade in order for the trading account to remain active. If no trade is placed within 30 calendar days, the account will be disqualified even if there are currently open positions.
Payout Split
–
70/30 (up to 90/10 with scaling)
The payout split is applicable to Funded Traders only (trading in Race Accounts). Subject to fulfilment of all requirements, clients are entitled to up to 90% of profits generated on the Race Account.
Price
€350
Free
Qualifying Round 1
Race
Profit Target
5%
–
The Profit Target is an amount that a trader must reach as a profit on the assigned trading account anytime within the Trading Period. Keep in mind that to proceed to the next phase, all positions must be closed (balance must equal equity). Profit target is calculated as a percentage of the starting balance. For example, if you trade an account with a $100,000 starting balance, and the profit target is 10%, then your profit target is $10,000.
Maximum Daily Loss
5%
5%
The Daily Drawdown Loss is the maximum amount you can lose throughout a single day. Maximum daily loss is a percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. If the equity drops to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11PM CET each day.
For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you however close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.
Maximum Drawdown
8%
10%
The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
It is calculated as: Maximum Drawdown Limit = Initial Balance – Initial balance * Percentage
For example, the maximum Drawdown is 8%, and the account initial balance is 50 000. The calculation is therefore 50 000 – 50 000*8%. This means that if the account’s equity reaches 46 000, the account has breached this hard rule and will be suspended.
If the client is profitable and made a profit of 3000 and the balance is now 53000, the maximum drawdown limit remains at equity of 46 000. Client can therefore lose 7000 before being disqualified.
Drawdown Type
Equity based
Equity based
Both Maximum Daily Loss and the Maximum Trailing drawdown are monitored on the equity. This means that if the account`s equity (sum of both closed and open positions) reaches the amount to which its allowed to drop to, the account will be disqualified.
Leverage
1:33
1:33
The leverage displayed refers to Forex pairs and Gold only. Traders can purchase an add-on at checkout to increase leverage on Forex and Gold only. Oils and Indices receive 10:1 leverage. Stocks receive 5:1 leverage, and cryptocurrencies receive 2:1 leverage.
Minimum Trading Days
3
3
To meet this objective, you must trade for at least 3 days during the current duration cycle. A trading day is defined as a day when at least one trade is opened. If a trade is held over multiple days, only the day when the trade was opened on is considered to be the trading day.
Maximum Trading Days
365 days
365 days
This represents a number of calendar days within which the trading objectives must be met. If the trading account reaches the maximum trading days without meeting the trading objectives, the account is disqualified.
Inactivity Allowance
30 days
30 days
This represents number of calendar days within which the trader must perform a trade in order for the trading account to remain active. If no trade is placed within 30 calendar days, the account will be disqualified even if there are currently open positions.
Payout Split
–
70/30 (up to 90/10 with scaling)
The payout split is applicable to Funded Traders only (trading in Race Accounts). Subject to fulfilment of all requirements, clients are entitled to up to 90% of profits generated on the Race Account.
Price
€400
Free
Qualifying Round 1
Race
Profit Target
5%
–
The Profit Target is an amount that a trader must reach as a profit on the assigned trading account anytime within the Trading Period. Keep in mind that to proceed to the next phase, all positions must be closed (balance must equal equity). Profit target is calculated as a percentage of the starting balance. For example, if you trade an account with a $100,000 starting balance, and the profit target is 10%, then your profit target is $10,000.
Maximum Daily Loss
5%
5%
The Daily Drawdown Loss is the maximum amount you can lose throughout a single day. Maximum daily loss is a percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. If the equity drops to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11PM CET each day.
For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you however close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.
Maximum Drawdown
8%
10%
The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
It is calculated as: Maximum Drawdown Limit = Initial Balance – Initial balance * Percentage
For example, the maximum Drawdown is 8%, and the account initial balance is 50 000. The calculation is therefore 50 000 – 50 000*8%. This means that if the account’s equity reaches 46 000, the account has breached this hard rule and will be suspended.
If the client is profitable and made a profit of 3000 and the balance is now 53000, the maximum drawdown limit remains at equity of 46 000. Client can therefore lose 7000 before being disqualified.
Drawdown Type
Equity based
Equity based
Both Maximum Daily Loss and the Maximum Trailing drawdown are monitored on the equity. This means that if the account`s equity (sum of both closed and open positions) reaches the amount to which its allowed to drop to, the account will be disqualified.
Leverage
1:33
1:33
The leverage displayed refers to Forex pairs and Gold only. Traders can purchase an add-on at checkout to increase leverage on Forex and Gold only. Oils and Indices receive 10:1 leverage. Stocks receive 5:1 leverage, and cryptocurrencies receive 2:1 leverage.
Minimum Trading Days
3
3
To meet this objective, you must trade for at least 3 days during the current duration cycle. A trading day is defined as a day when at least one trade is opened. If a trade is held over multiple days, only the day when the trade was opened on is considered to be the trading day.
Maximum Trading Days
365 days
365 days
This represents a number of calendar days within which the trading objectives must be met. If the trading account reaches the maximum trading days without meeting the trading objectives, the account is disqualified.
Inactivity Allowance
30 days
30 days
This represents number of calendar days within which the trader must perform a trade in order for the trading account to remain active. If no trade is placed within 30 calendar days, the account will be disqualified even if there are currently open positions.
Payout Split
–
70/30 (up to 90/10 with scaling)
The payout split is applicable to Funded Traders only (trading in Race Accounts). Subject to fulfilment of all requirements, clients are entitled to up to 90% of profits generated on the Race Account.
Price
€450
Free
Qualifying Round 1
Race
Profit Target
5%
–
The Profit Target is an amount that a trader must reach as a profit on the assigned trading account anytime within the Trading Period. Keep in mind that to proceed to the next phase, all positions must be closed (balance must equal equity). Profit target is calculated as a percentage of the starting balance. For example, if you trade an account with a $100,000 starting balance, and the profit target is 10%, then your profit target is $10,000.
Maximum Daily Loss
5%
5%
The Daily Drawdown Loss is the maximum amount you can lose throughout a single day. Maximum daily loss is a percentage of starting balance. This amount is then deducted from the previous day’s end of day balance to identify a daily loss limit. If the equity drops to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11PM CET each day.
For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you however close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.
Maximum Drawdown
8%
10%
The Maximum Drawdown limit represents a point in the trading account’s equity, down to which the client is allowed to drop before the trading account is disqualified.
It is calculated as: Maximum Drawdown Limit = Initial Balance – Initial balance * Percentage
For example, the maximum Drawdown is 8%, and the account initial balance is 50 000. The calculation is therefore 50 000 – 50 000*8%. This means that if the account’s equity reaches 46 000, the account has breached this hard rule and will be suspended.
If the client is profitable and made a profit of 3000 and the balance is now 53000, the maximum drawdown limit remains at equity of 46 000. Client can therefore lose 7000 before being disqualified.
Drawdown Type
Equity based
Equity based
Both Maximum Daily Loss and the Maximum Trailing drawdown are monitored on the equity. This means that if the account`s equity (sum of both closed and open positions) reaches the amount to which its allowed to drop to, the account will be disqualified.
Leverage
1:33
1:33
The leverage displayed refers to Forex pairs and Gold only. Traders can purchase an add-on at checkout to increase leverage on Forex and Gold only. Oils and Indices receive 10:1 leverage. Stocks receive 5:1 leverage, and cryptocurrencies receive 2:1 leverage.
Minimum Trading Days
3
3
To meet this objective, you must trade for at least 3 days during the current duration cycle. A trading day is defined as a day when at least one trade is opened. If a trade is held over multiple days, only the day when the trade was opened on is considered to be the trading day.
Maximum Trading Days
365 days
365 days
This represents a number of calendar days within which the trading objectives must be met. If the trading account reaches the maximum trading days without meeting the trading objectives, the account is disqualified.
Inactivity Allowance
30 days
30 days
This represents number of calendar days within which the trader must perform a trade in order for the trading account to remain active. If no trade is placed within 30 calendar days, the account will be disqualified even if there are currently open positions.
Payout Split
–
70/30 (up to 90/10 with scaling)
The payout split is applicable to Funded Traders only (trading in Race Accounts). Subject to fulfilment of all requirements, clients are entitled to up to 90% of profits generated on the Race Account.
Price
€490
Free