Standard 2-Step $10K

Two phases at 10 percent then 6 percent - the lowest second-phase target the firm sells - against a 5 percent daily drawdown and a 10 percent static maximum drawdown. 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. Against the Institutional 2-Step it costs more and buys both a wider daily limit and an easier second phase, which is the point of it: it suits intraday swings that a 4 percent daily limit would breach. Split 70 to 100 percent.