RTX RTXFDX FedExC CitigroupCOF Capital OneUSB US BancorpMET MetLifeAIG AIGBK BNY MellonBMY Bristol MyersCVS CVSDUK Duke EnergyUNP Union PacificGD Gen DynamicsCOP ConocoRTX RTXFDX FedExC CitigroupCOF Capital OneUSB US BancorpMET MetLifeAIG AIGBK BNY MellonBMY Bristol MyersCVS CVSDUK Duke EnergyUNP Union PacificGD Gen DynamicsCOP Conoco
Any S&P 100 equity made available on the platform for this program. See the ticker wall on this page for the full list of available symbols.
How is a trading session defined?
Permitted session for opening and closing positions is 09:30 ET through 15:55 ET only. Although U.S. equities may trade during Pre-Market, Regular Market, and Extended Hours sessions, trading outside this window is prohibited. Positions may be held overnight, but no orders may be entered or executed outside 09:30 ET through 15:55 ET.
Where do liquidity, pricing, and execution come from?
Liquidity, pricing, and execution are sourced from institutional price feeds.
Is there a minimum withdrawal amount?
Yes. $100 minimum when requesting a payout through the platform.
What is the payout frequency?
Funded phase only. Your first payout may be requested after 14 days, and every 14 days thereafter.
What is the minimum hold time for positions?
All trades must be held for at least one minute. Any trade held for less is a violation, and any profits from that trade are forfeited.
What are the minimum profitable trading day requirements?
To proceed to the next phase or become eligible for a payout, you must generate at least 0.5% profit per day over three separate trading days in both the Assessment and Funded phases, in addition to meeting all other applicable requirements.
What is the maximum allocation?
A maximum of $1,000,000 in active evaluation or funded plans per person. This can be combined across multiple assessments or funded accounts, including more than one of the same account size and plan type.
Copy Trading & Hedging
Is copy trading allowed?
Only between accounts you personally own. Group trading, signal or passing services, mirroring another trader’s positions across accounts, and EAs or third-party systems that facilitate copy trading are all prohibited.
Is hedging or reverse trading allowed?
Hedging within a single account is allowed. Holding opposing positions across accounts, such as buying on one and selling on another, is prohibited, along with group hedging or coordinating opposite positions across multiple accounts or prop firms.
Swing Trading Equities
What is Swing Trading Equities?
Swing Trading Equities allows traders to hold positions overnight and across weekends, provided no announced corporate action is pending before the next market open.
Can I hold positions overnight?
Yes. Overnight and weekend holds are permitted in the Swing Trading Equities program, subject to the corporate action restrictions below.
Are there restrictions on holding positions overnight?
Yes. Traders may not hold positions through an announced corporate action. It is the trader’s responsibility to monitor pending and imminent corporate actions and close any affected positions before 15:55 ET.
What corporate actions am I prohibited from holding through?
Publicly announced corporate actions such as earnings releases, dividends, special dividends, stock splits, reverse stock splits, mergers, acquisitions, spin-offs, and symbol or name changes. Traders are responsible for monitoring public announcements relating to any position they hold.
What happens if I hold through an announced corporate action?
Violation. Traders are responsible for closing affected positions before 15:55 ET. The platform may attempt to auto-close affected positions at 15:55 ET, but this is not guaranteed. Any affected position that remains open past that time is treated as a hard breach.
Am I charged overnight financing?
Yes. Overnight finance fees are applied at 17:00 ET if positions are held past rollover.
Are there additional charges for short positions held overnight?
Short positions held overnight are subject to a short holding cost, which is incorporated into the overnight financing charge. It is not charged separately.
Static Max Drawdown Plans
What is the Static Max Drawdown and how is it calculated?
The Static Max Drawdown is the maximum your account can drawdown before a hard breach. Set at 6% of your starting balance when the account opens. This 6% is static and does not trail. For funded accounts, following your first payout, the Static Max Drawdown is permanently locked at the account’s starting balance.
What is the Daily Loss Limit?
The maximum an account may lose in a single trading day. A violation is a hard breach and the account is terminated. The Daily Loss Limit follows an intraday trailing drawdown, trailing the greater of the daily balance and daily equity high-water marks.
Example: On a $100,000 Static account with a 2% Daily Loss Limit, the starting breach level is $98,000. If intraday equity reaches $102,000 and balance reaches $101,000, $102,000 becomes the daily high-water mark, and the new breach threshold becomes $99,960 (2% below $102,000). If the day ends with both balance and equity at $101,000, the next day begins with a new threshold of $98,980 (2% below $101,000).
What is the Daily Profit Cap?
Applies during evaluation and funded phases. A violation is a daily pause, not a breach. If exceeded, open trades close, open orders are cancelled, and the account is disabled for the rest of the session. Re-enabled the next trading day. Calculated as a fixed value from the day’s starting equity.
Example: On a $100,000 account with a 3% Daily Profit Cap, if the day begins with equity of $102,000, the cap for that day is $105,060. If equity exceeds that amount, positions are closed and the account is paused. If the account settles at $105,200 after liquidation, trading may resume the next day after 17:00 ET, with a new cap based on the new day’s starting equity.
What is the Consistency Rule?
33% consistency requirement in both Evaluation and Funded phases. No more than 33% of total profits may be generated in a single trading day to pass the evaluation or qualify for a payout.
Trailing Max Drawdown Plans
What is the Trailing Max Drawdown and how is it calculated?
Initially set at 6%. Trails your account using closed balance (not equity) until you have achieved a 6% return. Once you have achieved a 6% return, the Trailing Max Drawdown no longer trails and is permanently locked at your starting balance.
Example: Starting balance $100,000 → initial breach at $94,000. If closed balance reaches $102,000, that’s your new high-water mark and the Trailing Max Drawdown shifts to $96,000. If closed balance reaches $106,000, the Trailing Max Drawdown locks at your starting balance of $100,000. From that point, regardless of how high the account goes, you only breach if equity returns to $100,000 (subject still to the Daily Loss Limit).
What is the Daily Loss Limit?
The maximum an account may lose in a single trading day. A violation is a hard breach and the account is terminated. The Daily Loss Limit follows an intraday trailing drawdown, trailing the greater of the daily balance and daily equity high-water marks.
Example: On a $100,000 Trailing account with a 3% Daily Loss Limit, the starting breach level is $97,000. If intraday equity reaches $102,000 and balance reaches $101,000, $102,000 becomes the daily high-water mark, and the new breach threshold becomes $98,940 (3% below $102,000). If the day ends with both balance and equity at $101,000, the next day begins with a new threshold of $97,970 (3% below $101,000).
What is the Daily Profit Cap?
Applies during evaluation and funded phases. A violation is a daily pause, not a breach. If exceeded, open trades close, open orders are cancelled, and the account is disabled for the rest of the session. Re-enabled the next trading day. Calculated as a fixed value from the day’s starting equity.
Example: On a $100,000 account with a 3% Daily Profit Cap, if the day begins with equity of $102,000, the cap for that day is $105,060. If equity exceeds that amount, positions are closed and the account is paused. If the account settles at $105,200 after liquidation, trading may resume the next day after 17:00 ET, with a new cap based on the new day’s starting equity.
What is the Consistency Rule?
33% consistency requirement in the Evaluation phase only. No more than 33% of total profits may be generated in a single trading day in order to pass to the Funded phase.
S&P 100. 80% profit split. For traders, not tourists.