Applies to: CFD
Short answer
2 Step Standard is a two-phase CFD evaluation. Reach 8% profit in Phase 1 and 4% in Phase 2, each over at least 3 trading days, staying within a 4% daily loss and an 8% static drawdown. Once funded, you can request a payout every 14 days (or every 7 days with the add-on), with an 85% profit split (90% with the add-on).
Key numbers
Profit target | Phase 1: 8% / Phase 2: 4% |
Max daily loss | 4% of starting balance |
Max drawdown | 8% static (from starting balance) |
Minimum trading days | 3 days with at least 0.5% profit each |
Guardian Shield (funded) | Closes all trades at 2% floating loss |
Profit split | 85% (90% with add-on) |
Payouts | Every 14 days (7 with add-on); minimum $100 crypto, $500 Rise |
News trading | Allowed in evaluation; restricted on funded |
Minimum hold time | 2 minutes |
Leverage | FX 1:50, indices and commodities 1:10, crypto 1:2 |
The evaluation
Profit targets and trading days
Reach 8% profit in Phase 1, then 4% in Phase 2, while following all the rules. You need at least 3 trading days where you make 0.5% profit or more, and the days don't need to be consecutive. After Phase 2, your account has a final review, and once approved you become a funded trader.
Maximum daily loss: 4%
Your daily loss limit is 4% of your starting balance, measured from whichever is higher at the 5:00 PM New York reset: your balance or your equity.
Floating profit at reset: on $100K with $2,000 floating profit, equity is $102,000, so it can't drop below $98,000 the next day.
Floating loss at reset: with $2,000 floating loss, your $100,000 balance is higher, so equity can't drop below $96,000.
No open trades: the limit is your closed balance minus 4% of your starting balance.
Maximum drawdown: 8% static
Your equity, including open trades, can never fall more than 8% below your starting balance. It doesn't trail. Example: on $100K, equity must stay above $92,000.
Funded account
Guardian Shield
If your open trades reach a combined 2% floating loss, Guardian Shield will usually close all open trades. You can keep trading straight away, but there are consequences:
1st time: your profit split drops to 50% permanently.
2nd time: the account is permanently breached.
Payouts
When: once you've met the minimum trading days and 14 days have passed since your first trade, then every 14 days after your previous request. With the 7-day payout add-on, it's every 7 days.
Conditions: account above starting balance, no rule violations and all positions closed.
Profit split: 85%, or 90% with the add-on.
Trading rules
News: allowed during both phases. On funded accounts, don't open or close trades from 5 minutes before to 5 minutes after high-impact news on affected instruments. See CFD news trading rules.
Tick scalping: hold each trade for at least 2 minutes.
Overnight and weekends: allowed.
Expert Advisors: allowed, if they're your own setup. VPNs and VPS are allowed, but not to get around copy trading, group trading or signal rules.
Copy trading: only between accounts you legally own, including between your own evaluation and funded accounts.
Stop losses: not mandatory, but you're responsible for staying within the rules.