Picking a challenge
Firms, accounts, risk per trade, the daily stop, and every rule of the account.
The Challenge card is where you set up the account you want to test: the firm, the account, how much you risk and when you stop for the day. The Rules card underneath spells out exactly what that account demands.
Picking a firm and an account
- Prop firm. A searchable list of firms with their logos, grouped as Favorites, Futures, Forex and Crypto, alphabetical inside each group. The catalog refreshes every day, so new firms and rule changes show up on their own.
- Account. Every account the firm offers (size, type, number of steps), sorted so 50K comes before 100K. Picking a firm selects its smallest account for you.
- Favorites. The star at the end of a row pins that firm or account to a Favorites group at the top of its list. Favorites follow your account to every device.
Your settings
| Setting | How it works |
|---|---|
| Risk per trade (challenge) | A slider from 0.1% to 3% of the account, shown in dollars and percent ("$500 · 1.00% of $50K"). Default 1%. Risk is kept as a percentage, so switching from a 50K to a 100K account doubles the dollar amount. |
| Risk per trade (funded) | The same slider for the funded stage, set on its own (default 1%). It applies to the funded accounts in Accounts monitoring. Hidden for instant-funding accounts, where only one risk applies. |
| Max losses in a row per day | From 1 to 20; at 20 it reads ∞ (no cap), the default. After that many losses in a row in one day, you stop for the day. A win or a break-even trade resets the count. |
Your firm, account, both risks and the max-losses setting are saved to your account: come back tomorrow, or open the Simulator on another device, and it opens on the same challenge. Any change recomputes everything at once.
The Rules card
Once an account is picked, its rules show as eight figures, with the account's type (Instant or 1, 2 or 3-Step) and its drawdown mode as badges.
| Rule | What it means |
|---|---|
| Account size | The starting balance, e.g. $50K. |
| Profit target | What you must make to pass a phase. Multi-step accounts list each phase (P1: 8% · P2: 5%). Instant accounts have none. |
| Max drawdown | How far the balance may fall before the account is lost, with its mode underneath (see below). |
| Daily loss | The most you may lose in one day. Soft (pauses the day): hitting it ends your day but keeps the account. Hard breach: hitting it fails the account. |
| Min trading days | The fewest days you must trade before a payout or a pass counts. |
| Consistency | Your best day may not exceed this share of your total profit, for the evaluation and, underneath, for the funded stage. |
| Profit split | Your share of the profits once funded. |
| Price | What the account costs, with the list price underneath when it is discounted. |
Drawdown modes
| Mode | How the limit moves |
|---|---|
| Static | The floor never moves: starting balance minus the drawdown. |
| EOD Trailing | The floor follows your highest end-of-day balance upward, and never comes back down. |
| Trailing (balance) | The floor follows your highest balance after each closed trade. |
| Intraday Trailing | The floor follows your highest balance during trades. Approximated trade by trade, so it reads slightly optimistic. |
On futures firms, a trailing floor stops climbing once it reaches the starting balance; the card says locks at start when that applies. When several account sizes of a firm share exactly the same rules, a note tells you so: the account size does not change your odds there, only the ratios do.