The 2-Step Breakout Evaluation is no longer available for new purchase. If you bought one before this change, it continues under the rules in effect at the time of purchase.
Upgrade targets, maximum drawdown, and maximum daily loss by account size:
$5,000: Phase 1 target $250, Phase 2 target $500, max drawdown $300 (static), max daily loss 4%
$10,000: Phase 1 target $500, Phase 2 target $1,000, max drawdown $600 (static), max daily loss 4%
$25,000: Phase 1 target $1,250, Phase 2 target $2,500, max drawdown $1,500 (static), max daily loss 4%
$50,000: Phase 1 target $2,500, Phase 2 target $5,000, max drawdown $3,000 (static), max daily loss 4%
$100,000: Phase 1 target $5,000, Phase 2 target $10,000, max drawdown $6,000 (static), max daily loss 4%
Figures are subject to change. Current limits are always visible on your Breakout Dashboard.
Maximum drawdown limit: 6% of your initial account balance, static: it doesn't change based on your demo account balance.
Maximum daily loss limit: 4%, recalculated daily at 00:30 UTC based on your demo account balance at that time.
After you pass Phase 1: You'll receive a new demo account for Phase 2, selectable from the dropdown in the top right of the Breakout Terminal. Your balance resets to the starting balance; trades and positions don't carry over.
After you pass Phase 2: You're eligible to apply for a funded account, pending a KYC check and Funded Trader Agreement, both accessible in your Breakout Dashboard.
Once funded, see What rules apply to my 2-Step funded account? for ongoing rules. All other rules (leverage, position limits, hedging/copy trading, prohibited practices, KYC, fees) match the standard Breakout Evaluation Account Rules FAQs.