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2 Step Standard Model

Written by Hex Funded

The 2-Step Standard Model is designed to assess consistency and discipline across two evaluation phases. This model offers a balanced, structured pathway to funding with static drawdown throughout, giving you a fixed and predictable risk floor from day one.

Key Features

  • Two-phase evaluation

  • Static drawdown for predictable, fixed risk parameters

  • No consistency rule

  • No time limit

  • Designed for disciplined traders who prefer a structured progression to funding

Evaluation Phase Requirements

Phase 1

  • Profit Target: 8%

  • Minimum Trading Days: 4 (each with at least 0.5% profit)

  • All drawdown and risk rules apply throughout

Phase 2

  • Profit Target: 5%

  • Minimum Trading Days: 4 (each with at least 0.5% profit)

  • All drawdown and risk rules apply throughout

Once both phases are completed, your account undergoes a full manual review by our Risk Team. If approved, you will receive your funded account.


Risk Parameters

Max Daily Drawdown: 4%

The maximum your account equity can lose within a single trading day is 4% of your initial account balance.

The daily limit resets at 00:00 UTC. At reset, the system takes the higher of your balance or equity as the starting point for the new day. Your equity must not fall more than 4% from that value at any point during the trading day.

Example:

  • Initial balance: $100,000

  • Daily loss limit: $4,000

  • Equity must not fall below $96,000 at any point during the trading day

Maximum Total Drawdown: 10% (Static)


The maximum total drawdown is a fixed 10% limit based on your initial account balance.

  • The limit does not trail and does not move under any circumstances

  • It is always calculated from your original starting balance

  • It remains fixed throughout both the evaluation and funded stages regardless of profits made

Example:

  • Initial balance: $100,000 β€” Max drawdown limit is fixed at $90,000

  • Your equity must never fall below $90,000 at any time, regardless of how much profit you have made

Consistency Rule


There is no consistency rule on this model.


​Max Risk Rule (Funded Account Only): 2.5% - Violating this is a hard breach and results in immediate account termination.


​Minimum Trading Days (Funded Account)


To be eligible for payouts on your funded account, you must complete 3 separate qualifying trading days, each with a minimum of 0.5% profit. These days do not need to be consecutive.


Profit Split and Payouts

Profit Split

  • Standard: 90% to the trader

  • Optional upgrade to 100% profit split available at checkout

Example:

  • $5,000 profit at 90% split = $4,500 payout

Payout Schedule

  • Standard: Every 14 days from your first trade

  • Optional add-on: First payout available after 7 days

  • Minimum withdrawal: 1% of initial account balance or $100, whichever is higher

  • All positions must be closed and all rules must be respected to submit a payout request

Leverage

During Evaluation

  • Forex: 1:100

  • Indices: 1:20

  • Commodities: 1:20

  • Crypto: 1:2

Funded Account

  • Forex: 1:50

  • Indices: 1:10

  • Commodities: 1:10

  • Crypto: 1:2

Leverage may be increased over time based on consistent and responsible trading behaviour.


Spreads and Commissions

Hex Funded operates ECN-style pricing across all models:

  • Forex: $5 per lot

  • Commodities: $5 per lot

  • Indices: $0

  • Crypto: $0

Additional Notes

  • All drawdown calculations include floating PnL, closed trades, swap fees, and commissions

  • All rules outlined in this Help Centre and the Terms of Service apply in full

  • Violating any breach rule - including daily loss, max loss, max risk, or prohibited strategies - will result in immediate account termination

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