2-Step Evaluation: Building the Foundation Phase

The 2-Step Evaluation is your pathway to becoming a Master Trader. This model consists of two crucial steps: The Foundation Phase and The Momentum Phase. Each phase tests different aspects of your trading skills, helping you develop into a pro.

Foundation Phase (Step 1):

In this phase, we assess your ability to build a solid foundation for consistent trading. Customize your Profit Target based on your preference.

• Profit Target: 8%
• Minimum Trading Days: 3
• Adhere to Trading Rules & Risk Limits
  Passing this phase unlocks access to The Momentum Phase.

The Momentum Phase (Step 2):

The final phase tests your consistency and the refinement of your trading strategies before becoming a Master Trader.

• Profit Target: 5%
• Minimum Trading Days: 3
• Adhere to Trading Rules & Risk Limits
  Successfully completing this phase prepares you to level up to Master Trader status.

Upon Completion, Your Path to Master Trader Begins

After successfully completing both The Foundation Phase and The Momentum Phase, your entire evaluation period will be reviewed. This review ensures you’re fully prepared for the next step: becoming a Master Trader.

“Unlocking full trading capabilities and the opportunity to scale up your career with PropFirm Pro.”

Master Trader Status

Once you’ve passed both evaluation phases, you’ll be granted access to your Master Trader Account

Account Violations (Hard Breach)

A hard breach is a severe violation of our rules. Any breach will result in the immediate termination of your account.

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Maximum Loss Limit
Your account’s equity or balance cannot drop below the Maximum Loss Limit. A breach of this rule will result in a hard breach.

• Maximum Loss Limit: 10% of your initial account size

Example:
For a $100,000 account, your balance cannot fall below $90,000.

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Daily Loss Limit

The Daily Loss Limit sets the maximum loss you can incur in a single day. The rule uses the higher value between your equity and balance. Breaching this limit will result in a hard breach and immediate account closure.

• Daily Loss Limit: 5% of the higher value between your starting equity or balance.

Example:

• Higher Equity:
  With a $105k balance and a $107k equity, your equity cannot fall below $101,650 that day.
• Higher Balance:
  With a $100k balance and a $99k equity, your equity cannot fall below $95,000 that day.

The loss limit applies to floating profit/loss and closed positions for the day.
This resets daily at 00:00 CE(S)T/server time.
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2% Rule (Master Account Only)

The 2% Rule limits your maximum loss per trade to 2% of your account size. Splitting trades into multiple positions won’t circumvent this limit. This rule applies exclusively to Master Accounts and not to evaluation phases. Violating this rule results in a hard breach and immediate account closure.

• Single Trade Limit: 2% of the initial account size

Example:
For a $100,000 account, the max loss per trade is $2,000 (2% of the initial account size).

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Additional Guidelines (Soft Breach)

Soft breaches do not result in account closure but may lead to limitations such as restricted access or profit removal based on the violated rule.

Holding Trades During News & Over the Weekend

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We use Forex Factory & MyFxBook for news events. High-impact news is marked in red, and speeches may not always be marked the same way.

During the Evaluation Stage

No restrictions apply to holding trades during news events or over the weekend. You can manage your trades as you wish.

During the Master Account

You may hold trades during news events and weekends. However, trades around high-impact news events are subject to the following rules:

• High-Impact News Events:
  You cannot open or close positions within 10 minutes of a high-impact news event, affecting related currencies. The restricted period spans 5 minutes before and 5 minutes after the event.
• Profits from trades opened or closed within this window will not be counted on the Master account.

Examples:

• Related Currency Example:
  If a high-impact news event affects USD, you cannot trade USD-related pairs within the 10-minute window.
• 10-Minute Window Example:
  Opening a trade 30 minutes before a news event and closing it within the 10-minute window will result in the profits being disqualified.

Speeches

During speeches, the restricted window extends 5 minutes before and 5 minutes after the speech concludes.

Exception

To prevent news gambling and help swing traders, trades opened 5 hours before a high-impact news event are excluded from the restriction and allowed to close within the prohibited time window. The profits from these trades will count.

Trading Rule Clarification

• Trades Opened More Than 5 Hours Before the News:
  Profits will be counted if closed within the 10-minute window before the news event.
• Trades Opened Less Than 5 Hours Before the News:
  Profits will not count if closed within the 10-minute window around the event.
• Partial Orders:
  Closing any partial orders will impact the entire order and result in a flag for news trading.

Traders are responsible for violations if the deductions exceed the daily or maximum loss limits.

This wording clarifies the rules while keeping the structure neat and concise. Let me know if further adjustments are needed!
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Simulated Profit Pro Rewards

Earn rewards starting at 1% of your initial balance, with transfer fees and exchange rates applying to all payouts.

Reward Cycle

How It Works:

• Master Account Started Monday - Thursday: Request after 3 trading days

Bi-Weekly Rewards (80% Reward Split)
Request rewards with an 80% split every 14 calendar days after the first 3 trading days on your Master account.

Monthly Rewards (80% Reward Split)
Request rewards with a 90% split every 30 calendar days after the first 3 trading days on your Master account.

Weekly Rewards (80% Reward Split)
Request rewards with an 80% split every 7 calendar days after the first 3 trading days on your Master account.

Daily Rewards (80% Reward Split)
Request rewards with an 80% split every calendar day after the first 3 trading days on your Master account.‍

Instant Rewards (95% Reward Split)
Earn a Pro Trader Seat and become a PropFirm Pro VIP Master Trader to unlock instant rewards with a 95% split.
Learn more about the PropFirm Pro VIP Master Trader program here.

‍Inactivity

‍An account will be breached if it remains inactive for 15 consecutive days. To keep the account active, at least one trade must be opened and closed during this period. If no trades are completed within the 15-day window, the account will be breached.

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