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Simulated Funded Account Requirements
Simulated Funded Account Requirements

How do I remain funded with my account?

Updated over a week ago

Overview

To maintain your simulated funded account you should avoid reaching the virtual daily drawdown and maximum drawdown, and to trade a minimum number of days based on the specific challenge you are facing.

Rocket 21 Standard challenges

To maintain your simulated funded account, avoid the below conditions:

  1. Lose no more than 5% daily, this would be the virtual daily drawdown limit.

  2. Lose no more than 10% of the initial virtual balance, meaning that the account should not reach 90% of its initial value; this would be the virtual max drawdown limit.

  3. Trade 5 minimum days.

Note: If you manage to avoid the above conditions whilst being profitable, you will be eligible for your first payout 30 days from your first trade on the funded account. Thereafter payouts will be biweekly.

Apollo11 challenges

To maintain your simulated funded account, avoid the below conditions:

  1. Lose no more than 3% daily, this would be the virtual daily drawdown limit.

  2. Lose no more than 6% of the initial virtual balance, meaning that the account should not reach 94% of its initial value; this would be the virtual max drawdown limit.

  3. Trade 3 minimum days.

Note: If you manage to avoid the above conditions whilst being profitable, you will be eligible for your first payout 14 days from your first trade on the funded account. Thereafter payouts will be biweekly.

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