Magnum gives you instant access to a $500,000 Sim Funded Account. No evaluation to pass.
Key limits: 2% daily loss limit ($10,000) and 4% max trailing drawdown ($20,000), both hard breaches. One Magnum account per customer.
Account Rules
Rule | Detail |
Profit target | None, instant funded, no evaluation |
Daily loss limit | 2% of initial balance ($10,000), hard breach |
Max trailing drawdown | 4% of initial balance ($20,000), hard breach |
Drawdown mode | Trailing on closing balance. Trails up until +4% gain, then locks at starting balance |
Max profit per day | No cap |
Min profit before withdrawal | $10,000 |
Max soft breaches | 5 |
Payout Rules
Rule | Detail |
First payout | 14 days after account opens |
Payout frequency | Bi-weekly after first withdrawal |
Payout cap | $25,000 per customer, per rolling 30 days |
Minimum payout | 2% of initial balance |
Profit split | 80% → 90% → 100% (1st / 2nd / 3rd+ payout) |
ESS target | 15% |
100% split add-on | Unlocks 100% from your first payout |
Fee refund | Launch special: refunded on your 4th payout |
Weekly payouts | Available as add-on |
Trading Rules
Rule | Detail |
Trading period | Unlimited |
Inactivity | Must trade at least once every 30 days (hard breach) |
Stop-loss | Required unless add-on purchased (soft breach) |
EAs / copy trading | Not allowed |
Min hold time | 5 minutes for profitable trades |
Max total open lots | 20 |
News trading | Blocked within 5 min either side of high-impact news (add-on available) |
Weekend holding | Not allowed by default (add-on available) |
Account Limits
Rule | Detail |
Accounts per customer | 1 |
Scaling | Up to $5,000,000 |
Leverage
Asset Class | Leverage |
FX | 50:1 |
Indices & Metals | 10:1 |
Crypto | 1:1 |
Platforms
Item | Detail |
Available on | MatchTrader, TradeLocker, MetaTrader 5 |
MT5 restriction | Not available in the US, Canada, US Outlying Territories, Puerto Rico |
For any questions, contact support via live chat or email at [email protected].