2-Step Evaluation Rules
FTG Support
Last Update há um ano
Trading rules at a glance
Rule Area | Step 1 | Step 2 | Funded | Notes |
Equity Growth Target | 10% | 5% | - | Live account has no limit |
Daily Loss Limit | 4% | 4% | 4% | Equity-based, based on prior day balance (hard breach) |
Max Drawdown | 8% | 8% | 8% | Equity-based, does not trail (hard breach) |
Inactivity Period | 30 Days | 30 Days | 30 Days | Must place trade (hard breach) |
Leverage | 1:30 | 1:30 | 1:30 | |
Stop Loss Required | No | No | No | Required for each trade (soft breach) |
Flat for the Weekend | Yes | Yes | Yes | All positions closed on Friday at 3:45pm EST (soft breach |
Max Time | - | - | - | No max time requirements |
Add-ons (available at time of purchase)
- No Stop Loss (10% Cost) – Point-of-Sale add-on that disables “Stoploss Required”; effectively traders can trade without having trades automatically close without a stoploss
- Hold Over Weekend (10% Cost) – Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend.
- Share of Gains Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 80%) of the profit.
What is the difference between a Hard Breach and Soft Breach rule?
- Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.
- Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away.
How do you calculate the 4% Daily Loss Limit?
The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the previous day balance which resets at 5 PM EST. Unlike other firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account.
Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop losslimit if your equity reached $96,000 during the day. If your floating equity is +$6,000 on a $100,000 account, your new- day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $96,000.
How do you calculate the 8% Max Drawdown?
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 8% of your starting balance. This 8% is static and does not trail.
Do I have to place a stop loss on trades?
No, however we believe sound risk management means using stop losses. To that end, we recommend but do not require a stop loss on every trade.
Can I hold positions over the weekend?
We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen. This is an upgrade option available at the time of purchase.
Is there a breach for inactivity?
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.