Applies to: CFD
Short answer
2 Step Nano is a two-phase CFD evaluation with no minimum trading days. Reach 8% profit in Phase 1 and 5% in Phase 2, within a 3% daily loss and a 10% static drawdown. Once funded, you can request a payout every 14 days, up to 2% of your starting balance per cycle, with an 80% profit split (100% with the add-on). There's no Guardian Shield.
Key numbers
Profit target | Phase 1: 8% / Phase 2: 5% |
Max daily loss | 3% of starting balance |
Max drawdown | 10% static (from starting balance) |
Minimum trading days | None (evaluation or funded) |
Consistency | 50% (funded only) |
Payout cap | 2% of starting balance per payout cycle |
Guardian Shield | Doesn't apply |
Profit split | 80% (100% with add-on) |
Payouts | Every 14 days; 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
Reach 8% profit in Phase 1, then 5% in Phase 2, while following all the rules. There's no minimum number of trading days. After Phase 2, your account has a final review, and once approved you become a funded trader.
Maximum daily loss: 3%
Your daily loss limit is 3% 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 $99,000 the next day.
Floating loss at reset: with $2,000 floating loss, your $100,000 balance is higher, so equity can't drop below $97,000.
No open trades: the limit is your closed balance minus 3% of your starting balance.
Maximum drawdown: 10% static
Your equity, including open trades, can never fall more than 10% below your starting balance. It doesn't trail. Example: on $100K, equity must stay above $90,000.
Funded account
Consistency rule: 50% (funded only)
Within each payout period, your best day must be below 50% of your total profit. Until it is, you can't request a payout. Your account isn't breached; you just keep trading. Example: with a $1,000 best day, you need more than $2,000 total profit.
Payouts
When: every 14 days. There's no minimum number of trading days.
Cap: up to 2% of your starting balance per payout cycle. Any profit above that stays in the account. Example: on $100K, you can withdraw up to $2,000 per cycle.
Conditions: account above starting balance, 50% consistency met, no rule violations and all positions closed.
Profit split: 80%, or 100% with the add-on.
Guardian Shield: doesn't apply to Nano accounts.
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.