1-Step Model

3 min. readlast update: 11.14.2024

The Evaluation of the  1-Step model includes one Phase, with a profit goal of 11%

During the Evaluation (Phase 1  )

You are allowed to hold trades over the weekend and news.

If any deductions result in the breach of the daily loss limit or maximum loss limit, the trader is responsible for the violation.

  • The Phases of the 1-Step Model

The Phase 1

The Phase 1 is to test your trading skills while defining yourself as a trader. During the  Phase 1 , you must achieve a profit target of 11% without breaching any other rule.

 

The Fundead 

You have proven that you mastered your trading skill and will be offered to trade for our capital.

 

  • The Maximum Daily Loss 

Daily Loss is the maximum amount a trader can lose in one trading day. In our prop trading firm, this limit is set at 4% of the highest recorded equity. The highest recorded equity is the maximum balance your account has reached during the trading day, including open positions.

Daily Loss is calculated based on the highest recorded equity at the start of each trading day. This means that the highest equity balance, including any floating profit or loss, is used to determine the Daily Loss limit.

This approach ensures that the Daily Loss limit reflects the maximum potential loss from the highest equity level reached, rather than just the starting balance.

Daily Loss Update

Daily Loss is updated daily at 00:00 UTC. This means your base balance and Daily Loss limit will be recalculated at this time.

You can know more about when do I breach the Daily Loss Limit here

  • The Maximum Loss Limit

It's the amount your equity or balance can't go below. This rule is set to 8% of the initial account size. For example, if you have a $100.000 account and the Maximum Loss Limit is 8%, your equity or balance can't go below $92.000 at any moment.

  • During the Fundead

Please note that if your Stop Loss or Take Profit orders are triggered/executed within the restricted period — 5 minutes before or 5 minutes after a specific event, it may be considered a violation. The account will be deactivated.

All high-impact news events are marked in red in our News Calendar. We use Myfxbook.com as our news calendar source. If any deductions result in the breach of the daily loss limit or maximum loss limit, the trader is responsible for the violation.

  • Leverage

You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads. Forex and Metals have a 2$ commission per lot. Crypto, Indices, and Oil are commission-free. The leverage depends on the evaluation model you choose.

Forex: 1:100

Metals: 1:30

Indices: 1:20

Energies: 1:10

Crypto: 1:2

  • Payouts & Profit Split

Bi-weekly+ 80% profit split

The trader is entitled to request a payout every two weeks following the first executed trade on the funded account. An 80% profit split will be applied. The maximum profit for withdrawal is capped at 10%, after which the accounts will be reset to the starting point.

Note: The minimum amount for a payout is 1% of the initial balance, including our split.

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