There’s a consistency rule for Instant Funding Accounts.
Why this Rule?
Funded Trader Markets’ Consistency Rule promotes steady profit growth and helps traders avoid emotional trading
Important Details About the Consistency Rule For Instant Funding Accounts
In an Instant Simulated Funding Account; you should not have made more than 15% of the total profit in one day.
If a single day’s profit is more than 15% of your total profit in the Instant Funding Account, you will have to continue trading until there isn’t a day with more than 15%.
Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit.
Single Day’s Profit = Balance at 5pm est Today – Balance at 5pm est Yesterday
Example (Instant Funding Account)
If you made a total profit of $10,000 on an Instant Funding Account,
To be eligible for withdrawal, there should not have been a single day with more than 15% of $10,000 (= $1,500).
If there is a single day with more than 15% of total profit, then you have to keep on trading until the best day profit is less than 15% of the total profit.