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New Platform is Live! Existing Clients Can Still Access Their Ongoing Challenges Here English▼ Arabic Chinese (Simplified) Dutch English French German Italian Portuguese Russian Spanish * Home * Evaluation * Affiliate Area * FAQs * About * Contact English▼ Arabic Chinese (Simplified) Dutch English French German Italian Portuguese Russian Spanish Sign In Sign Up Reading Time: < 1 minutes GET FUNDED & TRADE OUR CAPITAL Pay once, pass the test and get funded! Keep up to 80% of profits, trade anytime, and hold trades over the weekend. Get Started 3 SIMPLE STEPS * 01 NEXT STEP CHALLENGE Select and purchase the challenge that best suits your interests and goals. * 02 NEXT STEP VERIFICATION Successfully pass our one or two-step challenge and undergo the identity verification process (KYC). * 03 NEXT STEP TRADER Make money with your funded account by following the rules and receive your share of the profits. PRICING THAT FITS EVERY TRADER Where veteran and rookie traders all come together to talk about the markets and keep up to date with all announcements. * 1 Step Challenge * 2 Step Challenge * Novice * Starter * Silver * Gold * Platinum One Step Challange Funded min days 3 Minimum Trading Days 0 time limit 60 Maximum calender days 0 daily drawdown 5% – $200 5% – $200 max loss 12% – $1,800 12% – $1,800 Target 10% – $1,500 – Profit Split – 80% HFT Allowed Lot Size Consistency Rule Profit Cap 5% (first two months) 50% rule Yes First two months SL/TP Required News Trading Refund Yes One Step min days Challange 3 Minimum Trading Days Funded 0 time limit Challange 60 Maximum calender days Funded 0 daily drawdown Challange 5% – $200 Funded 5% – $200 max loss Challange 12% – $1,800 Funded 12% – $1,800 Target Challange 10% – $1,500 Funded – Profit Split Challange – Funded 80% HFT Allowed Challange Funded Lot Size Consistency Rule Challange Funded Profit Cap Challange Funded 5% (first two months) 50% rule Challange Funded Yes First two months SL/TP Required Challange Funded News Trading Challange Funded Refund Challange Funded Yes Get Funded One Step Challange Funded min days 3 Minimum Trading Days 0 time limit 60 Maximum calender days 0 daily drawdown 5% – $1,000 5% – $1,000 max loss 12% – $3,000 12% – $3,000 Target 10% – $2,500 – Profit Split – 80% HFT Allowed Lot Size Consistency Rule Profit Cap 5% (first two months) 50% rule Yes First two months SL/TP Required News Trading Refund Yes One Step min days Challange 3 Minimum Trading Days Funded 0 time limit Challange 60 Maximum calender days Funded 0 daily drawdown Challange 5% – $1,000 Funded 5% – $1,000 max loss Challange 12% – $3,000 Funded 12% – $3,000 Target Challange 10% – $2,500 Funded – Profit Split Challange – Funded 80% HFT Allowed Challange Funded Lot Size Consistency Rule Challange Funded Profit Cap Challange Funded 5% (first two months) 50% rule Challange Funded Yes First two months SL/TP Required Challange Funded News Trading Challange Funded Refund Challange Funded Yes Get Funded One Step Challange Funded min days 3 Minimum Trading Days 0 time limit 60 Maximum calender days 0 daily drawdown 5% – $5,000 5% – $5,000 max loss 12% – $6,000 12% – $6,000 Target 10% – $5,000 – Profit Split – 80% HFT Allowed Lot Size Consistency Rule Profit Cap 5% (first two months) 50% rule Yes First two months SL/TP Required News Trading Refund Yes One Step min days Challange 3 Minimum Trading Days Funded 0 time limit Challange 60 Maximum calender days Funded 0 daily drawdown Challange 5% – $5,000 Funded 5% – $5,000 max loss Challange 12% – $6,000 Funded 12% – $6,000 Target Challange 10% – $5,000 Funded – Profit Split Challange – Funded 80% HFT Allowed Challange Funded Lot Size Consistency Rule Challange Funded Profit Cap Challange Funded 5% (first two months) 50% rule Challange Funded Yes First two months SL/TP Required Challange Funded News Trading Challange Funded Refund Challange Funded Yes Get Funded One Step Challange Funded min days 3 Minimum Trading Days 0 time limit 60 Maximum calender days 0 daily drawdown 5% – $15,000 5% – $15,000 max loss 12% – $12,000 12% – $12,000 Target 10% – $10,000 – Profit Split – 80% HFT Allowed Lot Size Consistency Rule Profit Cap 5% (first two months) 50% rule Yes First two months SL/TP Required News Trading Refund Yes One Step min days Challange 3 Minimum Trading Days Funded 0 time limit Challange 60 Maximum calender days Funded 0 daily drawdown Challange 5% – $15,000 Funded 5% – $15,000 max loss Challange 12% – $12,000 Funded 12% – $12,000 Target Challange 10% – $10,000 Funded – Profit Split Challange – Funded 80% HFT Allowed Challange Funded Lot Size Consistency Rule Challange Funded Profit Cap Challange Funded 5% (first two months) 50% rule Challange Funded Yes First two months SL/TP Required Challange Funded News Trading Challange Funded Refund Challange Funded Yes Get Funded One Step Challange Funded min days 3 Minimum Trading Days 0 time limit 60 Maximum calender days 0 daily drawdown 5% – $20,000 5% – $20,000 max loss 12% – $40,000 12% – $40,000 Target 10% – $20,000 – Profit Split – 80% HFT Allowed Lot Size Consistency Rule Profit Cap 5% (first two months) 50% rule Yes First two months SL/TP Required News Trading Refund Yes One Step min days Challange 3 Minimum Trading Days Funded 0 time limit Challange 60 Maximum calender days Funded 0 daily drawdown Challange 5% – $20,000 Funded 5% – $20,000 max loss Challange 12% – $40,000 Funded 12% – $40,000 Target Challange 10% – $20,000 Funded – Profit Split Challange – Funded 80% HFT Allowed Challange Funded Lot Size Consistency Rule Challange Funded Profit Cap Challange Funded 5% (first two months) 50% rule Challange Funded Yes First two months SL/TP Required Challange Funded News Trading Challange Funded Refund Challange Funded Yes Get Funded * Novice * Starter * Silver * Gold * Platinum Two Step Phase 1 Phase 2 Funded min days 5 Minimum Trading Days 5 Minimum Trading Days 0 time limit 30 Maximum calender days 60 Maximum calender days 0 daily drawdown 5% – $750 5% – $750 5% – $750 max loss 12% – $1,800 12% – $1,800 12% – $1,800 Target 10% – $1,500 5% – $700 – Profit Split – – Up to 80% HFT Allowed Lot Size Consistency Rule Yes First two months Profit Cap 5% (first three months) 50% rule Yes First two months SL/TP Required News Trading Refund Two Step min days Phase 1 5 Minimum Trading Days Phase 2 5 Minimum Trading Days Funded 0 time limit Phase 1 30 Maximum calender days Phase 2 60 Maximum calender days Funded 0 daily drawdown Phase 1 5% – $750 Phase 2 5% – $750 Funded 5% – $750 max loss Phase 1 12% – $1,800 Phase 2 12% – $1,800 Funded 12% – $1,800 Target Phase 1 10% – $1,500 Phase 2 5% – $700 Funded – Profit Split Phase 1 – Phase 2 – Funded Up to 80% HFT Allowed Phase 1 Phase 2 Funded Lot Size Consistency Rule Phase 1 Phase 2 Funded Yes First two months Profit Cap Phase 1 Phase 2 Funded 5% (first three months) 50% rule Phase 1 Phase 2 Funded Yes First two months SL/TP Required Phase 1 Phase 2 Funded News Trading Phase 1 Phase 2 Funded Refund Phase 1 Phase 2 Funded Get Funded Two Step Phase 1 Phase 2 Funded min days 5 Minimum Trading Days 5 Minimum Trading Days 0 time limit 30 Maximum calender days 60 Maximum calender days 0 daily drawdown 5% – $1,250 5% – $1,250 5% – $1,250 max loss 12% – $3,000 12% – $3,000 12% – $3,000 Target 10% – $2,500 5% – $1,250 – Profit Split – – Up to 80% HFT Allowed Lot Size Consistency Rule Yes First two months Profit Cap 5% (first three months) 50% rule Yes First two months SL/TP Required News Trading Refund Two Step min days Phase 1 5 Minimum Trading Days Phase 2 5 Minimum Trading Days Funded 0 time limit Phase 1 30 Maximum calender days Phase 2 60 Maximum calender days Funded 0 daily drawdown Phase 1 5% – $1,250 Phase 2 5% – $1,250 Funded 5% – $1,250 max loss Phase 1 12% – $3,000 Phase 2 12% – $3,000 Funded 12% – $3,000 Target Phase 1 10% – $2,500 Phase 2 5% – $1,250 Funded – Profit Split Phase 1 – Phase 2 – Funded Up to 80% HFT Allowed Phase 1 Phase 2 Funded Lot Size Consistency Rule Phase 1 Phase 2 Funded Yes First two months Profit Cap Phase 1 Phase 2 Funded 5% (first three months) 50% rule Phase 1 Phase 2 Funded Yes First two months SL/TP Required Phase 1 Phase 2 Funded News Trading Phase 1 Phase 2 Funded Refund Phase 1 Phase 2 Funded Get Funded Two Step Phase 1 Phase 2 Funded min days 5 Minimum Trading Days 5 Minimum Trading Days 0 time limit 30 Maximum calender days 60 Maximum calender days 0 daily drawdown 5% – $2,500 5% – $2,500 5% – $2,500 max loss 12% – $6,000 12% – $6,000 12% – $6,000 Target 10% – $5,000 5% – $2,500 – Profit Split – – Up to 80% HFT Allowed Lot Size Consistency Rule Yes First two months Profit Cap 5% (first three months) 50% rule Yes First two months SL/TP Required News Trading Refund Two Step min days Phase 1 5 Minimum Trading Days Phase 2 5 Minimum Trading Days Funded 0 time limit Phase 1 30 Maximum calender days Phase 2 60 Maximum calender days Funded 0 daily drawdown Phase 1 5% – $2,500 Phase 2 5% – $2,500 Funded 5% – $2,500 max loss Phase 1 12% – $6,000 Phase 2 12% – $6,000 Funded 12% – $6,000 Target Phase 1 10% – $5,000 Phase 2 5% – $2,500 Funded – Profit Split Phase 1 – Phase 2 – Funded Up to 80% HFT Allowed Phase 1 Phase 2 Funded Lot Size Consistency Rule Phase 1 Phase 2 Funded Yes First two months Profit Cap Phase 1 Phase 2 Funded 5% (first three months) 50% rule Phase 1 Phase 2 Funded Yes First two months SL/TP Required Phase 1 Phase 2 Funded News Trading Phase 1 Phase 2 Funded Refund Phase 1 Phase 2 Funded Get Funded Two Step Phase 1 Phase 2 Funded min days 5 Minimum Trading Days 5 Minimum Trading Days 0 time limit 30 Maximum calender days 60 Maximum calender days 0 daily drawdown 5% – $5,000 5% – $5,000 5% – $5,000 max loss 12% – $12,000 12% – $12,000 12% – $12,000 Target 10% – $10,000 5% – $5,000 – Profit Split – – Up to 80% HFT Allowed Lot Size Consistency Rule Yes First two months Profit Cap 5% (first three months) 50% rule Yes First two months SL/TP Required News Trading Refund Two Step min days Phase 1 5 Minimum Trading Days Phase 2 5 Minimum Trading Days Funded 0 time limit Phase 1 30 Maximum calender days Phase 2 60 Maximum calender days Funded 0 daily drawdown Phase 1 5% – $5,000 Phase 2 5% – $5,000 Funded 5% – $5,000 max loss Phase 1 12% – $12,000 Phase 2 12% – $12,000 Funded 12% – $12,000 Target Phase 1 10% – $10,000 Phase 2 5% – $5,000 Funded – Profit Split Phase 1 – Phase 2 – Funded Up to 80% HFT Allowed Phase 1 Phase 2 Funded Lot Size Consistency Rule Phase 1 Phase 2 Funded Yes First two months Profit Cap Phase 1 Phase 2 Funded 5% (first three months) 50% rule Phase 1 Phase 2 Funded Yes First two months SL/TP Required Phase 1 Phase 2 Funded News Trading Phase 1 Phase 2 Funded Refund Phase 1 Phase 2 Funded Get Funded Two Step Phase 1 Phase 2 Funded min days 5 Minimum Trading Days 5 Minimum Trading Days 0 time limit 30 Maximum calender days 60 Maximum calender days 0 daily drawdown 5% – $10,000 5% – $10,000 5% – $10,000 max loss 12% – $24,000 12% – $24,000 12% – $24,000 Target 10% – $20,000 5% – $10,000 – Profit Split – – Up to 80% HFT Allowed Lot Size Consistency Rule Yes First two months Profit Cap 5% (first three months) 50% rule Yes First two months SL/TP Required News Trading Refund Two Step min days Phase 1 5 Minimum Trading Days Phase 2 5 Minimum Trading Days Funded 0 time limit Phase 1 30 Maximum calender days Phase 2 60 Maximum calender days Funded 0 daily drawdown Phase 1 5% – $10,000 Phase 2 5% – $10,000 Funded 5% – $10,000 max loss Phase 1 12% – $24,000 Phase 2 12% – $24,000 Funded 12% – $24,000 Target Phase 1 10% – $20,000 Phase 2 5% – $10,000 Funded – Profit Split Phase 1 – Phase 2 – Funded Up to 80% HFT Allowed Phase 1 Phase 2 Funded Lot Size Consistency Rule Phase 1 Phase 2 Funded Yes First two months Profit Cap Phase 1 Phase 2 Funded 5% (first three months) 50% rule Phase 1 Phase 2 Funded Yes First two months SL/TP Required Phase 1 Phase 2 Funded News Trading Phase 1 Phase 2 Funded Refund Phase 1 Phase 2 Funded Get Funded 8 EIGHTCAP Where veteran and rookie traders all come together to talk about the markets and keep up to date with all announcements. Get Started WORLD CLASS ASSET OFFERING With over 500 products listed at our partner broker we offer traders one of the largest selections in the prop trading space for users to take profit on! * FX Trade over 40 major and minor fx pairs Start Trading * METALS You can easily modify any block data to fits your need; image, title, text, etc. Start Trading * OIL We offerBrent and WTI , which are the two global benchmarks for oil trading. Start Trading * INDICIES Trade the world’s largest Stock indices round-the-clock with instant execution. Start Trading * STOCK CFDS Go long or short on the largest US, Australian, LSE, and XETRA stocks. Start Trading TRADE ON THE WORLD’S MOSTPOPULAR PLATFORM As an intuitive and fully customisable trading interface, Eightcap’s platforms provide a smooth and efficient trading experience formulti-asset traders via the Web Trader or desktop and mobile Apps. POWERED BY EIGHTCAP Take advantage of Eightcap’s world class offering of 1000+ trading instruments and industry leading spreads FAST EXECUTION Hosted in Equinix data centres by Eightcap ensuring optimal performance at all times with cloud View Eightcap Platforms FREQUENTLY ASKED QUESTIONS How to calculate average lot size? The formula provided is used to calculate a trader’s average trade size, which is an important metric to evaluate trading performance and consistency. Here’s a detailed explanation: 1. Total Lots Traded (not including pending orders): This refers to the sum of the lot sizes for all executed market order trades. Pending orders, such as limit and stop orders, are not considered in this calculation as they have not been executed yet. 2. Total Market Order Trades: This is the total number of executed market orders, which are trades that get filled immediately at the current market price. To calculate the average trade size, divide the total lots traded by the total market order trades: Average Trade Size = Total Lots Traded / Total Market Order Trades For example, suppose a trader has executed 20 market order trades with a total of 200 lots traded. The average trade size would be: Average Trade Size = 200 lots / 20 trades = 10 lots Scenario 1: Consistently Trading Within the Range? Trader has an average trade size of 10 lots. Based on the given rules, their trade size range would be between 2.5 lots (10 lots * 25%) and 20 lots (10 lots * (200%). Throughout Month, Trader makes a total of 30 trades, and here’s a breakdown of their trades: 1. 18 trades within the 2.5 to 20 lots range 2. 6 trades below 2.5 lots 3. 6 trades above 20 lots Since Trader has met the minimum 10 days in trade range, the following rules apply: 1. Profitable trades that fall outside the trade range will be removed. 2. No trade can be more than 50% of their total profit. No single trade should account for more than $3,000 if Trader A’s total profit is $6,000, for example. As long as Trader A’s trades meet these conditions, they will receive a 60% profit split and be subject to a 5% profit cap on their account. Scenario 2: Falling Short of the Minimum Trading Days Requirement? Trader also has an average trade size of 10 lots, giving them a trade size range of 2.5 to 20 lots. In Month 1, they make a total of 20 trades: 1. 8 trades within the 2.5 to 20 lots range 2. 4 trades below 2.5 lots 3. 8 trades above 20 lots In this scenario, Trader falls short of the minimum 10 days in trade range requirement. This means that their trades falling outside the range will not be counted, and does not qualify for the 60% profit split and 5% profit cap. To meet the consistency rules, Trader needs to ensure they have a minimum of 10 trades within the specified range during Month 1. Scenario 3: Adjusting for the 50% Profit Rule? A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 25 trades: 1. 15 trades within the 2.5 to 20 lots range 2. 5 trades below 2.5 lots 3. 5 trades above 20 lots They meet the minimum 10 days in trade range, but one of their trades within the range accounts for $4,000 in profit. Their total profit before adjustments is $7,000, meaning this trade represents more than 50% of their total profit. Since the trade exceeds the 50% rule, it is removed from their profit calculation. The remaining profit from other trades is now $3,000. As long as the rest of their trades meet all the consistency rules, including the minimum 10 days in trade range, the trader would qualify for the 60% profit split and the 5% profit cap. Scenario 4: Managing Risk and Maximizing Profits within the Rules? A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 35 trades: 1. 25 trades within the 2.5 to 20 lots range 2. 5 trades below 2.5 lots 3. 5 trades above 20 lots The trader meets the minimum 10 days in trade range and carefully monitors their trades to ensure compliance with all consistency rules. They focus on managing risk by using appropriate stop-loss and take-profit orders, and they make informed decisions based on market analysis and strategy. Their total profit before adjustments is $8,500, and no single trade accounts for more than 50% of their total profit. The profitable trades outside the range will be removed, leaving them with a total profit of $7,500. In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $4,500 (60% of $7,500) as their profit split, and their account would be subject to the 5% profit cap. By adhering to the consistency rules and focusing on risk management, traders can optimize their performance while complying with the requirements for funded accounts. It’s essential to monitor trade sizes and profits regularly to ensure ongoing eligibility for the profit split and cap. Scenario 5: Trader Achieves Consistency with Proper Risk Management? A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 28 trades: 1. 20 trades within the 2.5 to 20 lots range 2. 4 trades below 2.5 lots 3. 4 trades above 20 lots The trader meets the minimum 10 days in trade range and diligently follows a risk management strategy. They implement a risk-reward ratio of 1:2, setting stop-loss and take-profit orders accordingly. They also keep themselves updated with market news and technical analysis to make informed decisions. Their total profit before adjustments is $9,000. Since none of their trades outside the range were profitable, no adjustments need to be made for their total profit. Additionally, no single trade accounts for more than 50% of their total profit. In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $5,400 (60% of $9,000) as their profit split, and their account would be subject to the 5% profit cap. This scenario demonstrates the importance of staying within the consistency rules and using proper risk management techniques to achieve success in trading. A well-executed plan can help traders maximise their profits while adhering to the requirements of funded accounts. View All * Evaluation * About * FAQs * Privacy Policy * Contact * Terms of Use * Affiliate Area * Schedule of Assessment Programs & Fees Disclaimer All content published and distributed by binancetruck, and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund. Use of the information contained on the Company’s websites is at your own risk and the Company and assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or fx. Past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. © 2023 gynance All Rights Reserved. Send us a messageBusiness Messenger by