Every trade must remain open for a minimum of 3 full minutes (180 seconds). Closing any position before 180 seconds is a Hard Breach. The account will immediately be marked as Failed.
Clear rules. Confident trading.
Trading Rules
Everything you need to know before starting your Wave Funded challenge—explained in plain language, with real money examples.
Search profit target, drawdown, news, payout and more.
Hard breach rules
Mandatory execution rules
These rules apply to Wave One-Step, Wave Two-Step and Wave Instant Funding. A violation immediately marks the account as Failed.
Every position must have a valid Stop Loss within 60 seconds after execution. More than 60 seconds without a valid Stop Loss is a Hard Breach. The account immediately becomes Failed.
Opening or triggering a new position from 10 minutes before through 10 minutes after an official High Impact News event is prohibited. A violation is a Hard Breach and the account becomes Failed.
Interactive calculator
See your limits in dollars
Select a program and account size. We calculate the key objectives instantly so there is no mental math.
Account$100,000Wave Two-Step
Profit Target$8,000 / $5,0008% / 5%
Daily Loss$5,0005%
Maximum Loss$10,00010%
Profit Split80% → 90%Program and add-on dependent
Challenge rules
Every rule, grouped logically
Open any card for a plain-English explanation, a dollar example and the consequence of a violation.
01
Evaluation
The objectives that move an evaluation account toward approval.
Evaluation ruleProfit TargetReach the objective while every risk limit remains intact.8% / 5%+
Explanation
The target is calculated from the account’s starting balance. Two-Step accounts use an 8% Phase 1 target and a 5% Phase 2 target; other models differ.
Example
On a $100,000 Two-Step account, Phase 1 requires $8,000 in net simulated profit.
If violated
Profit does not offset a rule breach. A loss-limit violation closes the evaluation even if the target was reached.
Evaluation ruleMinimum Trading DaysRecord qualifying activity across the minimum number of separate days.3–5 days+
Explanation
A qualifying day must contain genuine trading activity. The minimum depends on the selected program and is shown before checkout.
Example
If your model requires five days, five separate qualifying trading dates must be recorded.
If violated
Splitting one strategy into artificial micro-orders does not create additional qualifying days.
Evaluation ruleDrawdown MethodFloating and closed results can both affect your available risk.Equity based+
Explanation
Risk calculations may include balance, floating P/L, commissions and applicable fees. Your dashboard displays the active threshold.
Example
If open positions reduce equity below the displayed threshold, the limit is breached even before those positions close.
If violated
Always monitor equity—not only closed balance—when managing risk.
Evaluation ruleTime LimitsTrade patiently without an artificial evaluation deadline.No maximum+
Explanation
Wave Lite, Two-Step and One-Step evaluations do not impose a maximum trading period unless a clearly disclosed promotion states otherwise.
Example
You may take several weeks to complete an evaluation while the account remains active and compliant.
If violated
Inactivity, platform, or account-status policies may still apply.
02
Risk
The safeguards that protect account capital and disciplined execution.
Risk ruleDaily Loss LimitYour equity must remain above the day’s permitted loss threshold.Up to 5%+
Explanation
Daily loss can include closed results, floating P/L, commissions and applicable fees. The reset time and exact percentage are shown for your program.
Example
A 5% limit on $100,000 allows a maximum daily loss of $5,000.
If violated
Crossing the threshold at any moment is a violation, even if the trade later recovers.
Risk ruleMaximum Loss LimitYour account must never fall below its overall loss threshold.Up to 10%+
Explanation
The maximum loss limit protects the full account lifecycle. Its calculation is static or otherwise defined in the selected model’s published conditions.
Example
A 10% maximum loss on $100,000 sets the threshold $10,000 below the starting balance.
If violated
A breach is final for that account and cannot be repaired by a later deposit or profitable trade.
Risk rulePosition SizeSize positions so normal market movement cannot break your limits.Risk based+
Explanation
There is no universal lot-size promise across every instrument. Available leverage, symbol specifications and risk limits determine responsible exposure.
Example
Before entering, calculate the loss at your stop and confirm it fits inside both daily and maximum loss headroom.
If violated
Oversized or gambling-style exposure may trigger a risk or consistency review.
Risk ruleMargin & LeverageUse only the leverage and margin available on your assigned account.Platform shown+
Explanation
Leverage and margin requirements vary by instrument, server and account model. The platform’s specification is authoritative for execution.
Example
If a symbol’s margin requirement increases, reduce size rather than attempting to bypass the platform restriction.
If violated
Manipulating execution or using technical faults to exceed available margin is prohibited.
03
Trading
What you may trade, when you may hold, and how automation is reviewed.
Trading ruleOvernight HoldingPositions may remain open overnight on supported account types.Allowed+
Explanation
Overnight holding is available unless an instrument, platform or selected account condition states otherwise. Swaps and market gaps remain your responsibility.
Example
A swing trade can remain open after the trading session when the account permits overnight exposure.
If violated
Wider spreads, swaps and gaps can still cause a risk-limit breach.
Trading ruleWeekend HoldingKeep positions through the weekend when the program supports it.Allowed+
Explanation
Weekend holding is available on eligible models. Verify the account condition because closed markets can reopen with a price gap.
Example
A Friday position may remain open until Monday if your account permits weekend holding.
If violated
Weekend gaps are included in equity and drawdown calculations.
Trading ruleExpert AdvisorsUse your own compliant automation without abusive execution behavior.Permitted+
Explanation
EAs are permitted when they do not perform prohibited, manipulative, latency-based or account-sharing strategies.
Example
A personal risk-management EA that places stops and manages exposure is generally acceptable.
If violated
Commercial signal copying, identical coordinated trading, or exploitative bots may be reviewed.
Trading ruleCopy TradingYour account must represent your own trading decisions and permitted tools.Restricted+
Explanation
Unauthorized third-party management, account sharing and coordinated copying between unrelated users are prohibited.
Example
You may mirror your own strategy only where the account terms explicitly permit it.
If violated
Shared signals, purchased account management and coordinated opposite positions can close the account.
04
Payout
How eligible performance becomes an approved payout.
Payout ruleProfit SplitKeep the published share of eligible simulated trading profits.70%–90%+
Explanation
The initial split depends on the program and selected add-ons. Eligible accounts can receive up to a 90% profit split.
Example
At an 80% split, an approved $5,000 eligible profit produces a $4,000 payout.
If violated
The split applies only to approved, eligible profit after compliance review.
Payout rulePayout ScheduleRequest a payout after the model’s first eligibility period.7–14 days+
Explanation
One-Step may become eligible after seven days. Lite, Two-Step and Instant generally use a fourteen-day initial period, subject to account conditions.
Example
A qualifying Two-Step funded account can submit its first request after the stated fourteen-day period.
If violated
Eligibility also requires rule compliance, identity verification and a standard review.
Payout ruleFee RefundEligible evaluation fees may be returned with a qualifying payout.Model dependent+
Explanation
A fee refund is available only where included in the selected evaluation benefit. Instant fees, add-ons and reset fees are not refundable.
Example
If your checkout includes a refundable evaluation fee, it can be returned after the qualifying payout.
If violated
Review the checkout summary before purchase; benefits cannot be assumed across models.
Payout ruleAccount ScalingConsistent, compliant performance can unlock higher account potential.Performance based+
Explanation
Scaling is based on sustained results, account standing, risk discipline and the published program criteria at review time.
Example
A trader with consistent eligible cycles may be reviewed for increased simulated capital.
If violated
Scaling is not automatic and never overrides risk, KYC or compliance requirements.
After evaluation
Funded account standards
Passing an evaluation is the beginning of a professional risk process—not the end of it.
Protect the account
The same risk-first discipline continues after funding. Monitor live equity and available loss headroom.
Trade consistently
Use a repeatable strategy. Sudden gambling-style changes or unrealistic execution may be reviewed.
Keep identity verified
Account ownership, payment details and payout information must remain accurate and belong to you.
Request eligible payouts
Submit through the secure dashboard after the published cycle and standard compliance review.
Trading permissions
Know what is allowed
A fast permission matrix for the questions traders ask most often.
Zero-tolerance behavior
Prohibited strategies
These practices create unrealistic simulated execution, unfair platform use or account-ownership risk.
Latency or reverse arbitrage
Exploiting delayed prices, execution timing or price-feed differences.
Feed and platform exploitation
Trading on stale, incorrect or technically faulty quotes or system behavior.
Account sharing or management
Giving another person control or trading an account that is not yours.
Coordinated hedging
Using related accounts to place engineered opposite positions or transfer risk.
Order flooding
Submitting excessive orders to manipulate, overload or exploit execution systems.
Identity or payment fraud
Using false identity, payment ownership or payout information.
This summary is designed for clarity and does not replace the conditions displayed for your selected account at checkout.
Common questions
Fast answers before you trade
Search from the top of this page or open the questions traders ask most.
Ask support →01When does daily loss reset?+
The active reset time and calculation method are displayed with your account conditions. Always use the dashboard threshold as the source of truth.
02Does floating loss count?+
Yes. Floating P/L, closed results, commissions and applicable fees can be included in equity-based loss calculations.
03Can profit offset a rule breach?+
No. Crossing a loss threshold is a violation even if the account later recovers or finishes above the profit target.
04Can I use an EA?+
Yes, when it is your compliant tool and does not use latency, manipulation, account sharing or unauthorized copy-trading behavior.
05When can I request my first payout?+
One-Step may be eligible after seven days. Lite, Two-Step and Instant generally use fourteen days, subject to all account conditions.
06Is KYC required for payouts?+
Identity verification may be required before funded activation or payout processing. Your submitted information must be accurate and authentic.
07What happens after a rule violation?+
The affected account may be closed or marked breached after automated controls and, where applicable, a compliance review.
Rule comparison
Compare every funding path
Differences are highlighted so you can choose the structure that fits your trading style.
| Rule | Wave Lite | Wave Two-StepMost popular | Wave One-Step | Wave Instant |
|---|---|---|---|---|
| Profit target | 8% / 4% | 8% / 5% | 10% | None |
| Daily loss | 4% | 5% | 3% | None |
| Maximum loss | 8% | 10% | 6% | 6% |
| Minimum days | 5 / phase | 5 / phase | 3 days | 5 profitable |
| First payout | 14 days | 14 days | 7 days | 14 days |
| Profit split | 80% → 90% | 80% → 90% | 80% → 90% | 70% → 90% |
| Weekend holding | Allowed* | Allowed* | Allowed* | Allowed* |
Keep a copy
Rules when you need them
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Quick Rule Checklist
A concise offline summary of evaluation, risk, trading and payout essentials.
Full Rules Guide
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Platform Terms
Open terms →Review the legal conditions that apply alongside program-specific account rules.
Funded accounts only Trading Consistency Rules Important lot-size, profit-consistency and trading-strategy requirements for funded traders. Read More+
Scope
These consistency rules apply only after a trader receives a Funded Account. They are designed to support sustainable risk management and disciplined trading.
Execution consistency
Lot Size Consistency Rule
Traders must maintain consistent lot-size execution across all trades. The permitted range is 50% to 200% of the trader’s Average Lot Size.
Average Lot Size
Total Volume (Lots) Traded ÷ Total Executed Trades- Minimum Allowed Lot: Average Lot Size × 0.5
- Maximum Allowed Lot: Average Lot Size × 2.0
- Trades below 50% or above 200% of the calculated average will be flagged.
- Profits generated from non-compliant lot sizes will be deducted before payout processing.
50% max single-day rule
Profit Consistency Rule
No single trading day may account for more than 50% of the total net profit used for a payout request.
Maximum Single-Day Profit
≤ Total Account Profit × 0.50- Exceeding the 50% cap does not automatically fail the Funded Account.
- The trader must continue trading within the standard risk parameters.
- A payout becomes eligible when the highest-profit day represents 50% or less of total accrued net profit.
Strictly prohibited
Prohibited Trading Strategies
The following execution methods may result in immediate account termination or profit forfeiture:
- Martingale & Grid Strategies: Compounding same-direction positions while floating loss increases.
- Arbitrage & HFT: High-frequency trading, latency arbitrage or exploitation of platform delays.
- Coordinated / Group Trading: Mirror trading or copying positions across unrelated accounts.
- Account Gambling: Opening maximum allowable lot sizes strictly before high-tier news releases.
Enforcement
Breach and Compliance Action
Soft Breach
A consistency discrepancy does not remove the account balance, but payout processing is paused until the required consistency metrics are satisfied.
Hard Breach
Prohibited strategies or a maximum-drawdown violation result in an immediate account breach and termination of trading privileges.
Still unsure?
Ask before you trade.
Our support team can clarify the published conditions for your selected program. Never guess when a risk limit is involved.