Prop Firm Rule Changes

Updated Rules
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For Traders
Go to Firm Page
Changed on:
July 22, 2024

New platform: Added TradeLocker to the offered platforms.

For Traders
Changed on:
July 21, 2024

New payment option: Added Paypal as a new payment option.

The 5%ers
Ascendx Capital
Go to Firm Page
Changed on:
July 21, 2024

Minimum position holding time:  All trades must be held for at least 2 minutes from the time they are opened until they are closed only. < Applies only to funded accounts >

0.01 Lot Size Trades/Minumum Trading Days: Allowing to complete 0.01 lot size trades to meet any minimum day requirements. < Applies only to funded accounts >

Ascendx Capital
My Funded FX
Go to Firm Page
Changed on:
July 19, 2024

Consistency Rule Update: The consistency rule is being removed for all accounts, both new and existing.

Funded Account Payout Update: Funded account payout frequencies are returning to their previous schedules, as they were prior to the addition of the consistency rule.

Leverage Adjustment Update: Leverages for challenge and funded accounts are being adjusted on all platforms and phases, across all brokers. The new leverages are set to 30:1 for Forex, 10:1 for indices and commodities, and 2:1 for crypto.

My Funded FX
Goat Funded Trader
Go to Firm Page
Changed on:
July 18, 2024

MT4 removed from offered platforms: All existing MT4 accounts will be migrated to Match Trader.

Goat Funded Trader
Changed on:
July 17, 2024

New payout rule :

1st payout available 1 day after getting funded.

Subsequent payouts available every day.

Applies to all accounts and all plans.

Breakout
Goat Funded Trader
Go to Firm Page
Changed on:
July 17, 2024

New platform:  Added TradeLocker platform.

Goat Funded Trader
Ascendx Capital
Go to Firm Page
Changed on:
July 16, 2024

New Scaling Plan : When you achieve a 10% growth on your trading account at Ascendx Capital, you are eligible to request scaling.

Profit Split and Scaling : At the point of payout, if you choose an 80% profit split, your account will scale by 10% of the original amount.

Maximum Funding : At the discretion of the company, traders can scale their accounts up to $2,000,000 in funding.

Ascendx Capital
The Trading Pit
Go to Firm Page
Changed on:
July 16, 2024

New program launched:  Introducing the Prime Program.

The Trading Pit
Funding Pips
Go to Firm Page
Changed on:
July 11, 2024

Gambling Behavior rule updated: Removed the 3% loss limit rule on all evaluations, your biggest loss in one trade should not exceed3% of the account size on the Master accounts only.

High-Frequency Trading (HFT) & Tick Scalping: Profit from trades that are closed within 1 minute after opening will not be counted on Master accounts only.

Funding Pips
Ascendx Capital
Go to Firm Page
Changed on:
July 11, 2024

Accepting USA Traders.

New Platform Added: DX trade.

Max Allocation: $400K per Platform.

Ascendx Capital
City Traders Imperium
Go to Firm Page
Changed on:
July 8, 2024

Removed minimum trading days.

Increased leverage on 1 Step programs.

100% Profit share is now possible on all levels of the scaling plans.

City Traders Imperium
Goat Funded Trader
Go to Firm Page
Changed on:
July 8, 2024

New account size: Introduces the 5K GOAT Challenge.

Goat Funded Trader
Instant Funding
Go to Firm Page
Changed on:
July 8, 2024

Allowing copy trading: Allowing to copy trade from your personal account with another prop firm, retail broker, or any external/internal source to your account with us.

*Note that copy trading between accounts not owned by the same individual is not permitted.

Instant Funding
Changed on:
July 8, 2024

Removed the free trial offer.

Traddoo
Changed on:
July 7, 2024

Inactivity rule: 30 calendar days without making any transactions will result in your account being suspended.

News Trading rule improvement: No more termination- Execution orders 2 minutes before until 2 minutes after a high impact news will only lead to a profit deduction, TP and SL can get triggered.

High stakes reward: After completing Step 1, you'll receive a credit hub credit reward and a full refund upon passing all evaluation stages.

Max accounts: Hyper growth: Maximum 4 accounts: 1:20k, 1:10k, 2:5k, High stakes: Maximum 3 accounts: 1:5k, 1:20k, 1: 60k/100k.

The 5%ers
City Traders Imperium
Go to Firm Page
Changed on:
July 5, 2024

New Compliance Updates: VPS and VPN new Rule:

The VPS should be utilized solely to operate an Expert Adviser (EA). You are required to provide invoices confirming your subscription to the VPS service. Additionally, the EA deployed must be one for which you own the source code. Should you need to use the VPS for other purposes.

The use of VPNs is now prohibited. The location of your trading activities must correspond with your proof of address to ensure transparency and verifiability in trading.

https://citytradersimperium.kb.help/can-i-use-a-vps-or-vpn-for-my-ea-also-where-is-your-server-located/

City Traders Imperium
Goat Funded Trader
Go to Firm Page
Changed on:
July 4, 2024

New payment method: KORA payment is now live: Traders from Nigeria, Ghana, and Kenya can pay with their local currency at checkout.

Goat Funded Trader
My Funded FX
Go to Firm Page
Changed on:
July 3, 2024
  • 50% consistency rule: no more than 50% of your profits can be generated from a single trading day in the funded stage.
  • Payout Rule Update: All payouts 1st and ongoing will be made every 7 calendar days. for all EXISTING and NEW accounts for the 1-Step, 2-Step, and 2-Step Max programs.
    For 1-Step Max plans, all payout terms will be changed from every 7 calendar days to anytime payouts as long as the 50% rule is met.
My Funded FX
Blue Guardian
Go to Firm Page
Changed on:
July 3, 2024

Removal of Gambling Rule: Any trading strategies that are deemed "All or nothing" has been removed for all challenge accounts and simulated funded accounts.

Blue Guardian
Changed on:
July 3, 2024

Announce the launch of Market Myers, all-in-one trading tool

Glow Node
Goat Funded Trader
Go to Firm Page
Changed on:
July 3, 2024

New Challenge Release: New 2 Step Model: Swing Plus Challenge.

Goat Funded Trader
Funding Traders
Go to Firm Page
Changed on:
July 2, 2024

Offer: $5,000 Accounts, available only on DX Trade and C Trader.

Funding Traders
My Funded Futures
Go to Firm Page
Changed on:
July 1, 2024

Announcing the New Starter Account updates

My Funded Futures
Funding Traders
Go to Firm Page
Changed on:
July 1, 2024

Adding Dx trade with platforms

Funding Traders
Finotive Funding
Go to Firm Page
Changed on:
June 30, 2024

Added 140 new crypto instruments

Finotive Funding
Funding Pips
Go to Firm Page
Changed on:
June 30, 2024
  • Toxic Trading Flow: Reckless risk-taking, impulsive behavior, overtrading.
  • Gambling Behavior: Your biggest loss should not exceed 3% of the account size.
  • Splitting up a trade into multiple positions will be counted as one single trade.
  • Minimum trading days: minimum trading day of 3 trading days in all models, there are no minimum trading days on the master account.
  • Payout Cycle 2- Step Model: Tuesday Payday 60%,Bi-Weekly 80%, or Monthly, with a profit split up to 100%.
Funding Pips
Changed on:
June 30, 2024

Account Migration to New Hub, implemented upgraded tech infrastructure

The 5%ers
AquaFunded
Go to Firm Page
Changed on:
June 28, 2024

Migration of all cTrader accounts to Platform 5

AquaFunded
Ascendx Capital
Go to Firm Page
Changed on:
June 28, 2024

News trading and lot size restrictions: 5 minutes before/after a high economic new release only for funded accounts.

Lot Limits:

  • $200k: 80 lots
  • $100k: 40 lots
  • $50k: 20 lots    
  • $25k: 10 lots
  • $10k: 5 lots

Note: Lot limits can be increased after 60 days and a successful withdrawal request, subject to a review and meeting with the compliance team.

Layering: Maximum of 3 open positions on the same instrument will be allowed. First Breach: Exceeding this limit will result in a soft breach. Second Breach: A second soft breach will equate to a hard breach.

Ascendx Capital
The Trading Pit
Go to Firm Page
Changed on:
June 28, 2024

Futures markets data - CME L2 Add-On

The Trading Pit
Changed on:
June 27, 2024

14-day Free trial

Traddoo
Goat Funded Trader
Go to Firm Page
Changed on:
June 27, 2024

For Indian Traders, they accept IMPS (Immediate Payment Service) at checkout

Goat Funded Trader
My Funded FX
Go to Firm Page
Changed on:
June 26, 2024

Minimum Profitable Day: applies to 1-step, 2-step and 2-step max evaluation phases, 3 profitable days of at least 0.5% of your initial balance

My Funded FX
Funding Traders
Go to Firm Page
Changed on:
June 20, 2024

Introducing $500k Senior Trader Fast-Track Program (LIMITED TIME ONLY)

Funding Traders
Alpha Capital Group
Go to Firm Page
Changed on:
June 20, 2024

Announce the launch of Alpha Futures

Alpha Capital Group
Finotive Funding
Go to Firm Page
Changed on:
June 20, 2024

Latest advancements in Technology

Finotive Funding
Alpha Capital Group
Go to Firm Page
Changed on:
June 17, 2024

Now accepting american traders

Alpha Capital Group
Changed on:
June 16, 2024

2% Floating Drawdown Warning System: If your account experiences a drawdown of more than 2% of your starting balance at any given time, you will receive a warning. If this happens twice, you will receive a second warning. Upon the third occurrence, your profit split will be reduced to 50%. If it happens a fourth time, your account will be breached.

Glow Node
Goat Funded Trader
Go to Firm Page
Changed on:
June 13, 2024

Adding MT4 with platforms

Goat Funded Trader
Blue Guardian
Go to Firm Page
Changed on:
June 12, 2024

Announce that traders from Pakistan and Vietnam have returned and are now able to purchase a challenge

Blue Guardian
Blue Guardian
Go to Firm Page
Changed on:
June 7, 2024

Announce the implementation of Platform 5 and Trade Locker

Blue Guardian
Goat Funded Trader
Go to Firm Page
Changed on:
June 6, 2024

"MTJ" Launching My Trading Journey “Trade copier tool and journaling”

Goat Funded Trader
Changed on:
June 4, 2024

FTMO now supports payments in the Nigerian Naira.

FTMO
Blue Guardian
Go to Firm Page
Changed on:
June 3, 2024

Upgrade the technology and trading platforms

Blue Guardian
Changed on:
June 3, 2024

Removing the Trader Bonus (the evaluation fee refund added to first payout).

Breakout
Goat Funded Trader
Go to Firm Page
Changed on:
June 3, 2024

Accepting Pakistani traders

Goat Funded Trader
Finotive Funding
Go to Firm Page
Changed on:
May 31, 2024

Adding Apple pay for payment

Finotive Funding
Changed on:
May 28, 2024

Trade in up to five (5) Express Funded Accounts at once, increasing from 3 to 5 XFA’s

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