The 3-Step Model is designed for traders who prefer a structured, multi-phase evaluation that rewards patience, consistency, and disciplined performance over time. With three phases and static drawdown throughout, this model provides the most gradual and controlled path to funding that Hex Funded offers.
Key Features
Three-phase evaluation
Static drawdown for a fixed, predictable risk floor throughout
No consistency rule
No time limit
Designed for traders who value structure and a measured progression to funding
Evaluation Phase Requirements
Phase 1
Profit Target: 6%
Minimum Trading Days: 4 (each with at least 0.5% profit)
All drawdown and risk rules apply throughout
Phase 2
Profit Target: 6%
Minimum Trading Days: 4 (each with at least 0.5% profit)
All drawdown and risk rules apply throughout
Phase 3
Profit Target: 6%
Minimum Trading Days: 4 (each with at least 0.5% profit)
All drawdown and risk rules apply throughout
After completing all three phases, your account undergoes a full manual review by our Risk Team. If approved, your funded account is issued.
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: 8% (Static)
The maximum total drawdown is a fixed 8% 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 all three evaluation phases and the funded stage regardless of profits made
Example:
Initial balance: $100,000 - Max drawdown limit is fixed at $92,000
Your equity must never fall below $92,000 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 4 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