Institutional 2-Step $10K
2-PhaseThe cheapest of the four models and the one with the most room: two phases at 10 percent then 8 percent, against a 4 percent daily drawdown and a 10 percent maximum drawdown, static throughout. Seven minimum trading days in each phase with 365 days available, then 5 trading days on the funded account. Leverage 1:100 in both phases and 1:30 once funded. The funded stage has no profit target, no time limit, and pays a split between 70 and 100 percent. Against the Standard 2-Step it trades a tighter daily limit - 4 percent rather than 5 - and a harder second phase for a lower price.
Account Size
$10,000
Evaluation Fee
$70$63
Promo Code
PFW10
You earn
+112 pts
Promo Code
PFW10
Earn +112 reward points
Position Sizing
Max Lot Size
No Limit
Max Open Positions
No Limit
Max Open Lots (Total)
No Limit
Time & Holding Restrictions
Overnight HoldingAllowed
Weekend HoldingAllowed
Trading Style Permissions
Scalping
HFT
Hedging
Martingale
Grid Trading
News Trading
News Trading Allowed
Automation & Copy Trading
Expert Advisors (EAs)
Copy Trading
Trade Copier Between Own Accounts
Additional Restrictions
Stop Loss Required
No
Consistency Rule
Not stated - we found no official statement either way. Check the firm's terms before trading.