Two-Phase ZAR
Below you’ll find the key rules and answers to common questions for our two-phase ZAR evaluation — clear targets, transparent risk rules, and nothing hidden in the small print.
Profit Target
Two-Phase ZAR is a two-step evaluation — clear profit targets to hit before you trade a funded account.
- Phase 1
- 10% of starting balance
- Phase 2
- 5% of starting balance
- Funded
- None required
Hit 10% in Phase 1 to advance to Phase 2, then 5% in Phase 2 to go Funded. No target once funded.
Daily Loss
A cap on how much you can lose in a single day. Breaching it closes the account.
- Limit
- 4% of account value / day
- Resets
- 17:00 EST (rollover)
Recalculated at 17:00 EST on the higher of your Balance (excl. open trades) or Equity (incl. open trades). Applies at every stage — Phase 1, Phase 2, and Funded.
Max Drawdown
Your maximum account loss limit — a static threshold, not a trailing one.
- Limit
- 10% of starting balance (static)
- Applies
- Every stage — Phase 1, Phase 2, and Funded
Unlike a trailing drawdown, this limit is fixed to your starting balance and doesn’t move as your balance grows. Breaching it closes the account.
Profit Split
How much of your trading profit you keep.
- Standard
- 80% of net profit
- After an Account Drawdown breach (Funded)
- 50% of net profit
No add-on tiers on this product — 80% is the flat standard split for both challenge stages and Funded.
Minimum Trading Days
A minimum number of active trading days required before progressing.
- Phase 1
- 3 days minimum
- Phase 2
- 3 days minimum
- Funded
- None
Payouts
Withdraw your profit as soon as you meet the conditions — there’s no fixed payout day.
- Type
- On-demand
- Consistency rule
- 35% Best Day Rule (Funded only)
- Minimum profit
- 1.5% of starting balance
Your best trading day must not exceed 35% of your total profit, and your net profit must reach at least 1.5% of your starting balance. Once met, request any time from your dashboard.
News Trading
Enabled by default on all Two-Phase ZAR accounts — trade freely around major economic events.
- Two-Phase ZAR
- Included
News straddling, or any execution designed to gain an unfair advantage, is not permitted.
Weekend & Overnight Holding
Hold trades overnight and through the weekend — no add-on required.
- Overnight
- Included
- Weekend
- Included
Leverage
How much you can multiply your position size.
- Currencies
- 1:30
- Commodities
- 1:20
- Indices
- 1:20
- Crypto
- 1:2
- Metals
- 1:5
Built-in safety, not surprises
These limits exist to protect your account and keep a level playing field for every trader. Stay within them, manage your risk, and you’ll trade your way to a payout.
Account Drawdown
A secondary, tighter risk check tracked at every stage — separate from Max Drawdown. If unrealised losses on your open positions exceed 2% of your starting balance, that counts as one breach. Two breaches at any stage close the account. Once Funded, a single breach instead moves your account to a 50% profit split as a first warning — a second breach after that closes it permanently.
Account Limits
One combined cap of $1,000,000 across all account and challenge types, based on starting balance only — not a separate cap per programme.
Instrument Commissions
Commission-free accounts have no commissions. The rates below apply only to RAW spreads accounts.
- FX
- $5 / lot
- Metals
- $5 / lot
- Commodities
- $2 / lot
- Crypto
- $1 / lot
- Indices
- ~$2 (USD-based)
Trading Instruments
Trade any instrument across our market feeds — 65 instruments over four asset classes: major & minor currency pairs, major & minor indices, cryptocurrencies, and commodities.
Inactivity
If no trade is placed within 60 days of your account purchase, or within 60 days of your last trade, the account is automatically closed.
The following strategies and behaviours are not permitted and may result in account termination or profit removal. They undermine fair evaluation and a level playing field for every trader. See the full policy →
One-Sided Bets
All-or-nothing directional positions that rely on a single outcome instead of managed risk.
Grid Trading
Layering orders at fixed intervals to average into a position regardless of direction.
High-Frequency Trading
Trades held 60 seconds or less, or an unusually high number of trades per hour.
Copy Trading (unrelated)
Copying trades, signals or management from accounts that aren’t your own. Your own accounts are fine.
Public Third-Party EAs
Public third-party expert advisors are restricted. First-party EAs you build yourself are allowed.
Reverse Trading & Group Hedging
Opposite positions across accounts, or coordinated positions across traders, to eliminate risk.
Group Copying / Account Management
Anyone other than the owner trading the account, or identical-setting group copying. Breaches KYC/AML.
Account Churning (Rolling)
Repeatedly opening and recycling accounts to game resets, refunds or payouts.
Exploiting System Glitches
Profiting from platform bugs, pricing errors or technical faults rather than genuine market moves.
Exploiting Platform Inefficiencies
Gaming latency, feed gaps or execution quirks for an unfair edge.
