The 2-Step Breakout Evaluation is no longer available for new purchase. The information below applies to existing 2-Step Breakout Evaluation holders. If you purchased a 2-Step Breakout Evaluation before this change, your evaluation continues under the rules in effect at the time of purchase.
Upgrade targets, maximum drawdown, and maximum daily loss by account size:
Account Size | Upgrade Target (Phase 1) | Upgrade Target (Phase 2) | Maximum Drawdown (Static) | Maximum Daily Loss |
$5,000 | $250 | $500 | $300 | 4% |
$10,000 | $500 | $1,000 | $600 | 4% |
$25,000 | $1,250 | $2,500 | $1,500 | 4% |
$50,000 | $2,500 | $5,000 | $3,000 | 4% |
$100,000 | $5,000 | $10,000 | $6,000 | 4% |
The above is subject to change — current upgrade targets, maximum drawdown limits, and maximum daily loss limits are available on your Breakout Dashboard.
Maximum drawdown limit. The maximum drawdown limit in a 2-Step Breakout Evaluation is 6% of your initial account balance and is a static limit, meaning it does not change based on your demo account balance. For full detail and worked examples, please refer to: What is the maximum drawdown limit in a 2-Step Breakout Evaluation?
Maximum daily loss limit. The maximum daily loss limit is 4%, recalculated daily at 00:30 UTC based on your demo account balance at that time.
What happens after you pass Phase 1. You will receive a new demo account for Phase 2. The new demo account can be selected via the dropdown menu in the top right-hand corner of your Breakout Terminal. Your balance will be reset to the starting balance and your previous trades and positions will not carry over.
After you have passed Phase 2, you will be eligible to apply for a funded account. Before trading in the funded account is enabled, you will be required to pass a KYC check and sign a Funded Trader Agreement. Information on this KYC check and the Funded Trader Agreement are accessible in your Breakout Dashboard.
If you pass your 2-Step Breakout Evaluation and become a funded trader, please refer to: What rules apply to my 2-Step funded account?
All other rules — leverage, position size limits, hedging and copy trading rules, prohibited trading practices, KYC, fees — are the same as those that apply to all Breakout Evaluations and are described in the Account Rules FAQs.