SKIP THE EVALUATION WITH DIRECT FUNDING.

• The Max Loss is a 5% Absolute Drawdown (fixed loss) from the Initial Balance.
• The fixed loss is defined as a 5% Loss of the Initial Account Balance (Not Relative).
• The losses can never exceed 5% of the Initial Account Balance.

Formula: Stop Out Level $ = Initial Account Balance - (5% x Initial Account Balance).

• The Evaluation Trader must have a Stop Loss placed as soon as possible for every and each ‎pending limit order, stop order, and/or market order and for all open trades.‎
• The Evaluation Trader must have a Max Stop Loss of 1.5% of the Initial Account Balance for ‎every market order, pending order, or stop order.
• Any trades closed without a Stop Loss will be considered a violation of our risk management guidelines.
• If the funded trader opens multiple positions on the same currency pair, each position's risk can be up to 1.5% of the initial account balance. So, the funded trader can open multiple positions with a 1.5% risk each. So, for example, if you wanted to risk 3% on a trade, you can split the risk into 2 positions, each 1.5% risk, but you cannot risk 3% into one position.

Formula: Max Risk Per Position = 1.5% x Initial Account Balance.