(For old accounts prior to 03/03/25)
A highest profit trade rule is applied to encourage the trader to trade in a consistent manner.
The highest profit is 40% on the funded phase and applies to the 1-Step ALGO account type ONLY.
I.e., you cannot have 1 trade make up more than 40% or more of your profit
To qualify for withdrawal, you must follow the 40% profit consistency rule. Having a single trade idea equal to more than 40% of the total trading interval profit will lead to deductions of trades which violate the rule. This does not lead to a total breach of the account.
Example:
If a profit consistency rule of 40% is applied, the user cannot have any single trade where they make more than 40% of the total amount of profit they have accumulated over the period they have been trading.
Trades stacked within a 3 minute window are viewed as one collective trade. Trades beyond the 40% highest profit rule may be subjected to deductions.
For example - A trader achieves a total profit of $2000 in the trading interval. The trader cannot have one trade idea equal to more than $800. Trades beyond this value are subject to deductions.
(Applies to New accounts 03/03/25)
The 40% profit consistency rule applies to a day's trading results. Traders cannot have one trading day's returns equal more than 40% of the total account profit. The rule no longer applies to singular trade idea. Meaning a trade that recovers the loss within that day will no longer be punished with deductions.
For example - A trader achieves a total profit of $2000 in the trading interval. The trader cannot have a day of trading equal to more than $800 total profit. If the trading day is beyond this value, the day's performance is deducted
