Institutional 2-Step $150K
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
$150,000
Evaluation Fee
$630$567
Promo Code
PFW10
You earn
+1,008 pts
Promo Code
PFW10
Earn +1,008 reward points
Phase 1 - Evaluation
Profit Target
10%
Max Daily DD
4%
Max Total Drawdown10%
Minimum Trading Days7 days
Maximum Time Limit365 days
Phase 2 - Verification
Profit Target
8%
Max Daily DD
4%
Max Total Drawdown10%
Minimum Trading Days7 days
Maximum Time Limit365 days
Funded Stage
Profit Target for Withdrawal
N/A
Max Daily Drawdown
4%
Max Total Drawdown
10%
Min Days for Payout
5 days
Drawdown Settings
Drawdown Type
Static
Calculation Method
balance
Daily DD Reset
Yes
Trailing DD Lock
Disabled
Trailing drawdown adjusts upward as your account grows, while static drawdown remains fixed. Daily drawdown resets at midnight server time.