Our Rules

• Pay a one-time evaluation fee and receive a simulated trading account
• Trade to reach the profit target while staying within risk limits
• If you pass, you become eligible for a funded account
• If you fail, the attempt ends and you may start again
• You do not trade personal capital.

Your account is governed by two risk limits:

• Daily Loss Limit: maximum loss allowed in a single day
• Maximum Drawdown: maximum total loss allowed

If your equity reaches either limit at any time, the account is automatically terminated.

• Balance = closed trades only
• Equity = balance + unrealized profit or loss from open trades

All limits are calculated using balance but enforced in real time using equity.

Open trades always count toward your limits.

To pass:

• Reach the profit target on balance (you must close your trades, open profit does not count)
• Stay within daily loss and maximum drawdown limits

• Speedrun evaluations have one profit target: 6.5%
• 1-Step evaluations (no longer sold; existing accounts keep these rules) have one profit target: 10%
• 2-Step evaluations have two phases: reach 5% to pass Phase 1, then your account resets to the starting balance and you must reach 10% to pass Phase 2
• Degen evaluations have one profit target: 8%

There are no minimum trading days, no consistency rules and no time limit.

You must place at least one trade every 90 days to keep your account active.

Daily loss is the maximum your account can lose in a single day.

• Calculated once per day at 8:00 PM UTC using your balance
• Fixed for the entire day. It only changes at the next 8:00 PM UTC recalculation based on your new balance

Speedrun evaluations: 2% daily loss | Degen evaluations: 2% daily loss | 1-Step evaluations: 3% daily loss | 2-Step evaluations: 4% daily loss

If your equity reaches the daily loss limit at any time, your account is terminated.

Example (Speedrun Evaluation)

Start balance: $100,000 → 2% = $2,000 → Limit: $98,000

Next day balance: $110,000 → 2% = $2,200 → Limit: $107,800

Example (1-Step Evaluation)

Start balance: $100,000 → 3% = $3,000 → Limit: $97,000

Next day balance: $110,000 → 3% = $3,300 → Limit: $106,700

Example (2-Step Evaluation)

Start balance: $100,000 → 4% = $4,000 → Limit: $96,000

Next day balance: $110,000 → 4% = $4,400 → Limit: $105,600

Example (Degen Evaluation)

Start balance: $100,000 → 2% = $2,000 → Limit: $98,000

Next day balance: $110,000 → 2% = $2,200 → Limit: $107,800

Maximum drawdown is the most your account can lose in total.

• All evaluation accounts use a static drawdown model.
• It is a fixed percentage of the starting balance
• It does not move as your balance changes
• It is not affected by payouts
• It is enforced in real time using equity

Speedrun evaluations: 3.5% maximum drawdown | Degen evaluations: 3% maximum drawdown | 1-Step evaluations: 5% maximum drawdown | 2-Step evaluations: 6% maximum drawdown

Example (Speedrun Evaluation):

Start balance: $100,000

Maximum drawdown: 3.5%

Drawdown buffer: $3,500

Drawdown level: $96,500

The drawdown level remains fixed at $96,500 throughout the evaluation. It does not move up if your balance increases.

Example (1-Step Evaluation):

Start balance: $100,000

Maximum drawdown: 5%

Drawdown buffer: $5,000

Drawdown level: $95,000

The drawdown level remains fixed at $95,000 throughout the evaluation. It does not move up if your balance reaches $105,000, $110,000, or higher.

Example (2-Step Evaluation):

Start balance: $100,000

Maximum drawdown: 6%

Drawdown buffer: $6,000

Drawdown level: $94,000

The drawdown level remains fixed at $94,000 throughout both phases. It does not move up if your balance increases.

Example (Degen Evaluation):

Start balance: $100,000

Maximum drawdown: 3%

Drawdown buffer: $3,000

Drawdown level: $97,000

The drawdown level remains fixed at $97,000 throughout the evaluation. It does not move up if your balance increases.

• Equity must stay above both risk limits at all times
• Daily loss resets each day at 8:00 PM UTC
• Maximum drawdown is static and fixed from the starting balance
• Profit targets require closed profits
• Funded accounts follow the same rules as evaluations
• All limits are visible in your dashboard and trading terminal.

Important: This document is a simplified summary for informational purposes only and does not cover all rules or conditions. All services are governed by the SizeProp Terms and Conditions and FAQ, which prevail in case of any inconsistency.