2 Step Model

2 Step Model
Proven consistency. Sustainability. Industry Standard.

Our 2-Step Model is the industry standard and top choice for traders who believe mastery is built on a foundation of consistency. This two-tier evaluation ensures that when you reach the Master level, you have the proven track record to stay there.

  • 2-phase evaluation: Phase 1 (8% or 10%) + Phase 2 (5%).
  • Flexible reward cycles: Weekly 60%, Bi-Weekly 80%, Monthly 100%, or On Demand 90%.
  • 1:100 Forex leverage: the highest standard Forex leverage available across all models.
  • News trading allowed on Master: with a 10-minute window restriction.
Evaluation Phase
Optimized for flexibility: a classic, dual-phase evaluation uniquely offering profit target options to match your risk profile during Phase 1.

Phase 1

Tests your trading skills and builds your trading profile. Choose one of two profit targets:

Option One
  • Achieve an 8% profit target during Phase 1.
  • Complete a minimum of 3 trading days to pass.
  • Adhere to all trading rules and risk limits.
Option Two
  • Achieve a 10% profit target during Phase 1.
  • Complete a minimum of 3 trading days to pass.
  • Adhere to all trading rules and risk limits.

Phase 2

Confirms your consistency and validates your Phase 1 performance.

Trading Objectives
  • Achieve a 5% profit target during Phase 2.
  • Complete a minimum of 3 trading days to pass.
  • Adhere to all trading rules and risk limits.
Evaluation Reset

A second chance built for momentum. If your account is breached due to trading behavior or risk violations, a discounted reset option is available to help you restart quickly without changing your setup.

Available only for breached Phase 1 and Phase 2 accounts.

  • Available only within 7 calendar days of the breach
  • Keeps the same account number
  • Keeps the same account size
  • Keeps the same reward cycle
  • Keeps the same trading platform
  • If a Phase 2 account is reset, it restarts from Phase 1
The reset option will appear automatically on your dashboard once your account qualifies.

The Master Account

Evaluation Complete
Once you successfully pass both phases, you will be offered the opportunity to trade on a Master Account. For setup instructions, click here.
Account Violations: Hard Breach
Hard breaches are serious violations of our established rules. Committing a hard breach will result in the immediate closure of your account with no grace period.

Hard Breaches

Hard Breach: Immediate Account Closure

Immediate account termination with no grace period. Click any card to learn more.

Maximum Loss Limit
10%
Your equity or balance cannot hit 10% below the initial account size at any time.
How is it calculated? ↓
Daily Loss Limit
5%
Max daily loss from the higher of opening balance or equity.
How is it calculated? ↓
Risk Per Trade Idea
3% / 2%
Master Account only. 3% below $50K · 2% at $50K and above.
How are trade ideas grouped? ↓
Inactivity
30 days
Account breached if no completed trades within 30 consecutive days.
What counts as activity? ↓
How is the Maximum Loss Limit calculated?

Maximum Loss Limit: 10% of the initial account size.

This is a static floor; it never moves. Your equity or balance cannot touch this level at any point across all phases, including floating losses from open trades.


1
Worked example

Account size: $100,000

10% of $100,000 = $10,000. Your equity or balance cannot drop to $90,000 at any point.

How is the Daily Loss Limit calculated?

Daily Loss Limit: 5% of the higher value between your opening balance or opening equity for that day.

At the start of each trading day, the system records both your balance and your equity. Whichever is higher becomes the baseline. Your equity cannot fall by more than 5% of that baseline at any point during the day, including floating losses from open trades.


1
When equity is the higher value

Opening balance: $105,000 / Opening equity: $107,000

Baseline = $107,000 (equity is higher)

5% of $107,000 = $5,350. Your equity cannot drop to $101,650 that day.

2
When balance is the higher value

Opening balance: $100,000 / Opening equity: $99,000

Baseline = $100,000 (balance is higher)

5% of $100,000 = $5,000. Your equity cannot drop to $95,000 that day.

Important
Both floating P&L and closed positions count toward the daily loss. The limit resets at 00:00 Platform Time (UTC+3). Check the countdown timer on your FundingPips dashboard.
What counts as a Risk Per Trade Idea?
Master Account Only
Risk Per Trade Idea does not apply during the evaluation phases. It is enforced on Master Accounts only, including merged or scaled accounts.

The maximum loss allowed on a single trade idea on your Master Account, including both realised and unrealised losses across all related positions.

  • Below $50K: 3% of initial account size
  • $50K and above: 2% of initial account size

1
Single Trades

Your biggest loss on any single trade must not reach the limit for your account size.

Below $50K

$25K account, limit: 3% = $750

A single trade loss of $750 or more = Breach

$50K and above

$100K account, limit: 2% = $2,000

A single trade loss of $2,000 or more = Breach

2
Same Trade Idea: Combined Positions

Multiple positions on the same pair open at the same time are treated as one trade idea. Combined losses (including unrealised) must not reach the limit.

Below $50K

$25K account, limit: 3% = $750

Three concurrent buys on EURUSD:

  • Trade 1 loss: $300
  • Trade 2 loss: $200
  • Trade 3 loss: $250

Combined: $750 = Breach, even if Trade 1 is still open

$50K and above

$100K account, limit: 2% = $2,000

Three concurrent sells on XAUUSD:

  • Trade 1 floating loss: $900
  • Trade 2 floating loss: $700
  • Trade 3 floating loss: $400

Combined: $2,000 = Breach, regardless of whether trades remain open

3
Splitting a Trade: The 10 Minute Rule

Opening a new position in the same direction within 10 minutes of closing a losing trade counts as the same trade idea. The combined loss from both trades is assessed against the limit.

Below $50K

$25K account, limit: 3% = $750

  • Trade 1: closed at $500 loss
  • Trade 2: reopened same direction within 10 min, $250 loss

Combined: $750 = Breach

$50K and above

$100K account, limit: 2% = $2,000

  • Trade 1: closed at $1,200 loss
  • Trade 2: reopened same direction within 10 min, $800 loss

Combined: $2,000 = Breach

What counts as activity?

Your account is breached if no trades are completed in 30 consecutive calendar days. At least one complete trade, opened and fully closed, must occur within any 30-day window to keep the account active.


1
When the inactivity clock starts
  • No trades placed yet: the clock starts from the account creation date.
  • Previously traded: the clock starts the day after your last trade was fully closed.
2
Open trades do not count

A trade only counts as activity once it is fully closed. Leaving a trade open does not reset or pause the inactivity timer.

Additional Guidelines: Soft Breach
Soft breaches do not lead to account closure, but may result in restrictions such as limited access or removal of profits depending on the violated rule.

News Trading & Weekend Holds

Soft Breach: Profits Removed

We use Forex Factory as our official news source. High-impact events and speeches are highlighted in red. You can also access the calendar directly through your dashboard.

Evaluation Stage

There are no restrictions on holding trades during news events during either evaluation phase. You are free to manage your trades as you see fit.

Important
Purposely trading news is prohibited and will lead to account closure.

Weekend holds are permitted during evaluation phases with no restrictions.

Master Account
Weekend Holds: Temporarily Not Allowed
A temporary change is in effect: holding trades over the weekend is currently not allowed on 2-Step Master Accounts. Ensure all trades are closed before market close on Friday. Any open trades will be automatically closed by the system; this is not a hard breach.

You can hold trades during news events on the Master Account, however specific rules apply to trades opened or closed near high-impact news events.


1
The 10-minute restricted window

You cannot open or close positions within a 10-minute window surrounding a high-impact news event (red folder only) on the affected currencies. This window spans 5 minutes before and 5 minutes after the event. For high-impact speeches, the window spans 5 minutes before the speech begins until 5 minutes after it concludes.

Profits from trades opened or closed within this window will not be counted on the Master Account. The full profit of the affected trade is deducted, not just the portion earned during the window.

2
Swing trader exception: the 5-hour rule

Trades opened 5 hours or more before a high-impact event or speech are excluded from the restriction and can be closed within the restricted window. Profits from these trades will count.

Examples
  • Related currency: if news affects USD, you cannot open or close trades on any USD-related pairs within the 10-minute window.
  • Trade opened 30 minutes before the event: closing it within the window will result in those profits not being counted.
Trading Rule Clarification
  • Trades opened more than 5 hours before the news: profits will count if closed within the 10-minute window before the event.
  • Trades opened less than 5 hours before the news: profits will not count if closed during the 10-minute window.
  • Closing any partial orders will affect the entire order, leading to a news trading flag.
  • Traders are responsible for violations if deductions exceed the daily or maximum loss limit.
Rewards: Minimum Amount
The minimum reward request is 1% of the initial balance (including FundingPips' split). Transfers are subject to exchange rates and transaction fees.

Reward Cycles

On Demand
90%
Request any time with 35% consistency score & min 2% profit.
How does this work? ↓
Weekly
60%
7 days after your first executed trade on the Master Account.
How does this work? ↓
Bi-Weekly
80%
Every 14 calendar days after your first executed trade.
How does this work? ↓
Monthly
100%
Every 30 calendar days after your first executed trade.
How does this work? ↓
On Demand 90% Split

You can request an On Demand reward with a 90% split at any time once you meet both of the following criteria:

  • A 35% consistency score must be achieved: no single trading day can account for more than 35% of total profit. This resets after each reward.
  • The minimum reward amount for On Demand is 2% of the initial balance.
Weekly 60% Split

You are eligible to request a reward with a 60% split seven days after your first executed trade on your Master Account.

How It Works
  • First trade on Monday → request the following Monday
  • First trade on Tuesday → request the following Tuesday
  • First trade on Wednesday → request the following Wednesday
  • First trade on Thursday → request the following Thursday
  • First trade on Friday → request the following Friday
Important
The rolling cycle starts again after the first executed trade following each successfully processed reward.
Bi-Weekly 80% Split

You can request a reward with an 80% split every 14 calendar days after your first executed trade on your Master Account. The cycle resets after each successfully processed reward.

Monthly 100% Split

You can request a reward with a 100% split every 30 calendar days after your first executed trade on your Master Account. The cycle resets after each successfully processed reward.

Trading Conditions: Execution Parameters
Understand the mechanics of your Master Account. This includes your purchasing power, trade costs, and execution limits.
Temporary Update: Master Accounts Only
  • Weekend holds are currently not allowed. Close all trades before Friday market close. Any open trades will be closed by the system; this is not a hard breach.
  • Dynamic leverage has been applied to Metals, Energies, and Indices on Master Accounts. See the Important Information section below.

Swap-Free Add-On

Available at purchase for traders observing Islamic finance principles. Removes overnight swap charges on eligible instruments.

During purchase, traders can select the Swap-Free add-on to hold positions overnight without incurring swap (interest) fees.

MT5 Only
This add-on is exclusively available on MetaTrader 5. It is not supported on cTrader or MatchTrader.
  • Applies to Forex and Metals only.
  • Energies, Indices, and Crypto still incur standard swap charges even with the add-on active.

Commission

Standard accounts use the base commission structure. Accounts with the Swap-Free Add-on (MT5 only) pay higher commission in exchange for no overnight swap fees.

Crypto Commission Formula
Lot size x crypto price x 0.04%. For example, 1 lot of ETH/USD at $2,600 = $1.04 commission.
Instrument Standard Account Swap-Free Account (MT5)
Forex $5 per lot $10 per lot
Metals $5 per lot $10 per lot
Energies / Indices No commission No commission
Crypto 0.04% 0.04%

Leverage

Instrument Standard Account Swap-Free Account (MT5)
Forex 1:100 1:30
Metals 1:30 1:10
Energies 1:10 1:10
Indices 1:20 1:5
Crypto 1:2 1:1

Important Information

Temporary Change Active
A temporary change to weekend holding and leverage has been implemented on 2-Step Master accounts and will remain in effect until further notice.

Holding trades during the weekend is not allowed for all Master Accounts. Ensure all trades are closed before the market closes on Friday.

Any open trades will be automatically closed by the system. This is not a Hard breach.

We actively monitor market conditions and geopolitical developments to ensure a safe and stable trading environment. When volatility, liquidity, or overall risk levels change, we may adjust trading conditions as needed. This can include temporary changes to leverage and margin requirements. All updates will be communicated to clients promptly by email.

Leverage Update: Effective 16 March 2026 at 23:59 Server Time (UTC+3)

Temporary Dynamic Leverage

Dynamic leverage is designed to give you more trading flexibility while maintaining responsible risk controls. Instead of applying a single fixed leverage ratio to your entire position, it uses a tiered structure where smaller trade lot sizes benefit from higher leverage, and the ratio gradually decreases as your position size grows. The temporary Dynamic Leverage is applied to Metals, Indices, and Energies on Master Accounts.

Dynamic Leverage Tiers

Lot Size Leverage
0.00 - 0.05 lots 1:50
0.05 - 0.10 lots 1:30
0.10 - 0.15 lots 1:25
0.15 - 0.25 lots 1:20
0.25 - 0.50 lots 1:10
0.50 and above lots 1:5
Example

The first 0.05 lots of any position uses 1:50 leverage, meaning you only need a small fraction of the trade's full value as margin. As your position grows beyond that, each additional portion requires progressively more margin (stepping through 1:30, 1:25, 1:20, and 1:10) until any volume above 0.50 lots uses the base rate of 1:5.

Your margin requirement is calculated cumulatively, each tier only applies to the portion of volume within its range, not your entire position. So, you always benefit from the lower tiers, no matter how large your trade becomes.

Lot Size Limit

20-Lot Maximum per Click / Trade
A hard 20-lot cap is enforced at the platform level on every single trade. This cannot be overridden regardless of your margin or leverage allowance. For crypto specifically, a separate 1-lot limit per click applies and is the binding restriction.

Frequently Asked Questions

Is there a time limit to pass the evaluation?

No. There is no time limit on either phase. You can take as long as you need, as long as you complete at least one trade every 30 days to avoid inactivity and follow all trading rules throughout.

When will I receive my Phase 2 account after passing Phase 1?

Your Phase 2 credentials are sent by email after passing Phase 1, which may take until the end of the trading day. Accounts $100K and above may require an additional review before Phase 2 is issued.

When will I receive my Master Account after passing Phase 2?

After passing Phase 2, the Master Account is issued once the standard funded onboarding process is complete. This includes a manual review by the Responsible Trading Team (up to 2 working days), KYC verification, Customer Agreement signing, and connection to the risk management framework (a further 2 working days). Accounts $100K and above may require an additional review before the Master Account is issued.

If my open trades are showing a profit above the target, have I passed?

No. To pass either phase, you need to reach the profit target with all open trades closed. Profits from trades that are still open do not count, even if they are showing a gain above the target.

Is there a reset option if my evaluation account is breached?

Yes. If your Phase 1 or Phase 2 account is breached due to trading rules or risk violations, a Reset option with a 10% discount will appear on your dashboard within 7 calendar days of the breach. If a Phase 2 account is reset, it restarts from Phase 1. Master Account breaches do not qualify for a reset.

If my account drops below the limit for just a moment and then recovers, is it still a violation?

Yes. The moment your account value touches or drops below the limit, even briefly, it is counted as a violation. It does not matter if the account recovers right after.

My trade hit the loss limit during the day but closed in profit. Is my account still violated?

Yes. The violation is confirmed the moment the limit is touched. Even if the trade turns around and closes in profit, the account remains violated because the rule was broken at some point during the trade.

When does the 30-day inactivity clock start?

If you have not placed any trades yet, the clock starts from the day your account was created. If you have traded before, it starts the day after your last trade was fully closed. You need to complete at least one trade within any 30-day window to keep the account active.

I have an open trade right now. Does that count as activity?

No. A trade only counts as activity once it is fully closed. Leaving a trade open does not reset or pause the inactivity timer. The trade must be completed before the 30-day window runs out.

Does the news trading restriction apply to all order types?

Yes. The news window restriction on the funded account applies to all order types. Opening or closing any position type within the restricted window on the affected currency will result in those profits not being counted.

My Consistency Score is too high and I cannot request a reward. How do I fix this?

The 35% Consistency Score applies only on the On Demand reward cycle. It checks that no single day made up too large a share of your total profits. If your best day accounted for more than 35% of everything you have earned, On Demand reward requests are blocked until the score comes back down.

Continue trading and keep each day's profit below your best day so far. As your total profit grows, the percentage that one big day represents will naturally decrease and bring the score back within range.

Weekly, Bi-Weekly, and Monthly reward cycles are not subject to the 35% rule.

My reward date has passed but I am not ready to request yet. Will I lose it?

No. Once your reward cycle is complete, it stays available until you choose to request it. You can submit the request on any working day, as long as all requirements are met and your account is in good standing. The cycle only resets after a reward is successfully processed.

How many lots can I open at once on crypto?

You can open a maximum of 1 lot per click on crypto, as long as your account has enough available margin. A separate platform-wide limit of 20 lots per click applies across all instruments, but the 1-lot limit is the binding restriction for crypto trades specifically.

My account was closed for inactivity. Can I get an Evaluation Reset?

No. Evaluation Resets are only available when an account is breached due to trading rule or risk violations. Inactivity closures do not qualify.

If one trade is profitable, can it cancel out a loss on another trade for the risk limit?

No. Profits from one trade cannot be used to offset losses from another when calculating the Risk Per Trade Idea limit. Each trade idea is assessed on its own losses only.

Does the Risk Per Trade Idea rule apply during the evaluation phases?

No. The Risk Per Trade Idea rule only applies on the funded account. It does not apply during Phase 1 or Phase 2, so you will not be penalised for it while working toward your profit targets.

What happens if I break one of the trading rules?

Your account is immediately locked. Any open trades are closed automatically, and the account switches to view-only mode, meaning you can see everything but can no longer place trades.

Your dashboard will show exactly which rule was broken and when. You will also receive an email notification straight away.

Support

Still Need Help?

Let’s chat
Live Chat
Online now
Our community
Discord
Ask 50,000+ traders
Open Discord
Send us a message
Email
Available 24/7
Send an email