The Standard Account is designed to offer a supportive and flexible environment for traders aiming to build their skills and achieve success. This plan sets clear goals and parameters to guide your trading journey, including a profit target of 8% relative to your starting account balance. With no daily loss limit and a structured End-of-Day (EOD) trailing maximum drawdown limit, the Standard Evaluation provides the balance you need to grow and excel in your trading endeavors.
Profit Target
8% | The account balance must reach 8% profit relative to starting account balance.
Daily Loss Limit
None | Standard Evaluation accounts have no Daily Loss Limit.
EOD (End of Day) Trailing Max. Drawdown Limit
Current account balance must not reach -3% of -4% of the initial account balance relative to yesterday's EOD balance.
When your balance at the end of day reaches 3.5% + $100 (5% + $100 for the 50k), your EOD drawdown will be locked at initial balance + 100$ and will not trail anymore.
Account Size | EOD (End of Day) Trailing Max. Drawdown Limit | Max. Number of Positions |
50,000 | 4% | 3 contracts |
100,000 | 3% | 6 contracts |
150,000 | 3% | 9 contracts |
Drawdown Type
End-of-Day (EOD) Trailing | is the calculation of the maximum drawdown based on the account balance at the end of each trading day. Unlike traditional drawdown calculations that may allow for retracements back to previous highs, EOD trailing locks in the maximum drawdown based on the balance at the close of each day, ensuring that once a drawdown level is reached, it does not retrace. This method provides a more conservative measure of risk by protecting against any potential rebounds or recoveries in the balance after a drawdown.