This article gives an overview of all the rules for the 1-Step FLASH challenge account, from the profit target and risk limits to trading rules, payouts and platforms. Each rule links to a more detailed article.
Key figures: 10% profit target, 3 profitable trading days, 4% max daily loss, 7% max trailing drawdown, unlimited trading period.
Profit target and risk management
Rule | Details | Breach type |
Profit Target | Achieve a 10% profit from your initial balance |
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Minimum Profitable Trading Days | At least 3 profitable trading days are required to proceed to the next phase (more information) |
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Max Daily Loss | 4% of initial balance (Daily Loss Limit article) | Hard breach |
Max Trailing Drawdown | 7% of initial balance (Max Trailing Drawdown article) | Hard breach |
EquityShield | If your daily loss exceeds 2% on open trades for any one symbol, or 2.5% across all symbols, EquityShield will automatically close your trades in most cases to protect your account (EquityShield article) | Soft breach |
Trading rules
Rule | Details |
Trading Period | Unlimited, no time limit to complete |
Inactivity Rule | You must place a trade at least once every 30 days (hard breach) (more information) |
Stop-Loss | Required for each trade unless an add-on is purchased (soft breach) (more information) |
Expert Advisors (EAs) | Allowed during the challenge, but must be your own unique EA. You cannot use the same EA as other traders placing identical trades (more information) |
News Rule | Evaluation stage: you are free to trade during news events without any restrictions. |
Max Lot Size Rule | No lot size limits during the Challenge Phase. |
Prohibited Strategies | Ensure you do not violate any prohibited trading strategies (more information) |
Simulated Funded Account: payout requirements, lock upon payout and daily limits
Topic | Details | Read more |
Payouts | Payouts are available after a set period, with ongoing withdrawals every 14 days. Profit share ranges from 80% to 90%, with minimum payout and trading day requirements. | |
Lock Upon Payout | When you request a payout, your Max Drawdown locks at your starting balance and no longer trails. This affects how much buffer you have remaining. | |
Daily Profit Limit | Funded 1-Step FLASH accounts have a 3% daily profit cap. Once reached, trading is paused for the day and excess profits are voided. This is not a breach. |
Trading platforms and specifications
Topic | Details |
Platforms Available | Match Trader, TradeLocker and MetaTrader 5 (platform availability based on your account size) |
MetaTrader 5 | Currently not available for traders in the United States, Canada, U.S. Outlying Territories, or Puerto Rico. |
Assets Available | Available instruments can be found here. No stocks are available for trading. |
Leverage overview
Asset Class | Evaluation Leverage | Funded Leverage |
Forex | 10:1 | 10:1 |
Indices | 10:1 | 5:1 |
Commodities | 10:1 | 5:1 |
Crypto | 2:1 | 0.3:1 |
For any questions or assistance, feel free to contact our support team at [email protected].