1. Soft Breach: A soft breach is a minor violation. When this happens, we'll close out the trade(s) that broke the rule, but you can step back in and keep trading, whether it's your challenge account or simulted funded account. There is no limit on the allowed soft breaches for 1-step-flash and or 2-step-pro accounts.
Instant Funding accounts have a soft breach limit of 10 soft breaches before it turns into a hard-breach.
Soft Breach Violations:
Opening a trade without a stop-loss
Allowing more than a 2% loss per symbol on open trades or a 2.5% loss on all open trades. Should this happen, EquityShield will protect your account by automatically closing trades in most cases
Funded Accounts have a max lot size rule based on the account size, therefore if the total lots placed exceed the max lots, all open trades will be closed.
2. Hard Breach: This is more serious. If this happens during a challenge, or in your funded stage, your account will be closed and any gains forfeited.
Hard Breach Violations:
Hitting the daily max drawdown or the total drawdown
Not placing a trade at least once every 30 days
Using any of our prohibited trading strategies