What are the rules for the Assessment account?
We have very simple rules:
Do not hit the drawdown:
- 5% Daily Loss Limit (hard breach) – 1 phase
- 6% Max Trailing Drawdown (hard breach) – 1 phase
- 5% Daily Loss Limit (hard breach) – 2 phase
- 10% Max Static Drawdown (hard breach) – 2 phase
- 5 Minimum Trading days for each phase
- Must place a trade once in 60 days if not this would be considered a hard breach.