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The Lightning Assessment Account

Written by Jatissithen

This 1-Phase Lightning Assessment requires you to hit your target in just one week. It’s a high-speed path to funding for those who value rapid results and institutional-grade discipline.

Quick Comparison

Rule

Metrics

Profit Target

5%

Daily Drawdown

3% (Based on Previous Day Balance)

Max Drawdown

4% (Trailing to Initial Balance)

Phases to Complete

1

Minimum Trading Days

3 Days

Maximum Days to Pass

7 Calendar Days; 5 Trading Days (starts from first trade)

Profit Split

80% (Upgradable to 90%)

Refund

100% Fee Refund with 1st Payout

Consistency Rule

30% Both in Challenge and Live Phase

Stop Loss Rule

Mandatory (Can be removed with Add-on)


Price Feeds & Trading Costs

We offer two distinct pricing environments to match your execution style:

Asset Class

Raw Spread Feed

Forex & Gold

Spreads + $6/lot

Indices & Oil

Spreads + $6/lot

Stocks

0.35% Notional Value

Exotic FX

Spreads + $6/lot

Understanding Commission Scaling:

For asset classes that carry a commission (Forex, Gold, and Exotics on Raw), the fee scales proportionally with your position size:

  • 1.00 Lot: $1.00 x $6 = $6.00

  • 0.10 Lot: $0.10 x $6 = $0.60

  • 0.01 Lot: $0.01 x $6 = $0.06


Strategic Leverage & Freedom

  • Fixed Leverage: FX (30:1), Gold (20:1), Indices (10:1), Oil (5:1), Stocks (2:1), Exotics (10:1).

  • Exceptions: Fixed 1:6 leverage applies to specific highly volatile exotic pairs.

  • Stop Loss Freedom: A Stop Loss is mandatory by default, but this rule can be removed with an add-on at checkout.


Trading Rules & Freedom

  • Strict Timeframe: You have 7 calendar days to hit the target. Note: Weekends count toward these 7 days even though markets are closed.

  • News Trading: Restricted 5 minutes before and after high-impact news releases.

  • Holding: Weekend and Overnight holding are allowed.

  • Automation (EAs): Strictly prohibited

  • Copy Trading: Strictly prohibited


Payouts & Incentives

Feature

Details

Profit Split

80% default, upgradable to 90% with add-ons.

1st Payout

Available just 7 days after your first trade on the funded account.

Frequency

Bi-weekly (Every 14 days) following the first payout.

Fee Refund

100% refund of your evaluation fee with your first payout.

Minimum Payout

Just $50.


Important Technical FAQs

1. How Trailing Drawdown Works (The "Lock" Rule)

The Max Trailing Drawdown is 4%. It is based on the account balance and follows your account’s High Water Mark (the highest account balance reached).

  • Starting Step: On a $100,000 account, your initial breach level is $96,000.

  • The Lock: Once your account balance hits $104,000 or higher, the drawdown limit reaches $100,000 and locks there.

2. How Daily Drawdown Works

The Daily Loss Limit is 3%, resetting every day at 5 PM EST based on the previous day’s closing balance.

  • Example: Prior day’s balance was $100,000. You breach if equity falls to $97,000 at any point during the next day.

3. The 30% Consistency Rule

The 30% consistency rule only applies once you’re in a Funded (Live) account, not during the challenge. It means your biggest profit day cannot exceed 30% of your total profits.

If you don't meet the consistency rule, that does not mean you breach the account. You just can't request a payout on or after the payout date. Once you meet it, you can request a payout if the payout date has passed.

Example:

  • If your best day (the highest profit of any trading day) was $100, then your total profit must be at least $333.33 (since $100 is 30% of $333.33).

  • If your best day was $50, then your total profit must be at least $166.66.

  • In short, the bigger your best day, the more total profit you’ll need so your results look steady and consistent.

Profit Earned Scenario:

  • Day 1 - 100

  • Day 2 - 50

  • Day 3 - 60

  • Day 4 - 160 (Best Day)

  • Day 5 - 20

Total profit that you should earn is 160 divide 30%, which is $533.33. Currently, the total profit is $390.

If you keep your profit in check and earn less than 160 and gain another $143.33, then on the 14th trading day, you can request a payout.

Even if you gain more than 160 in a day after that, it should be fine—the total profit requirement will simply adjust upward.

4. Withdrawal Impact

Taking a payout affects your "buffer." Once you request the first payout, Trailing Max drawdown is locked to the initial account balance and no longer trails. By withdrawing the full amount of profit, no buffer is left; there would be no room for Max drawdown, which would result in an account breach on placing the first trade after withdrawal.

  • Scenario: You have a $100,000 account and grow it to $106,000. Your drawdown is locked at $100,000.

  • The Result: If you withdraw all $6,000 in profit, your balance returns to $100,000. Since your drawdown limit is also $100,000, you have $0 buffer remaining.

  • Pro Tip: Always leave a small "cushion" of profit in the account to ensure you can continue trading after a payout.

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