1 - Trading Conduct and Regulations
We provide 2 Equity Edge Evaluation challenges: a 1-step evaluation and a 2-step evaluation. Successful completion of either is required to qualify as a funded trader. Possessing a dynamic trading system and a robust risk management profile is essential for passing the evaluation challenges. Once you achieve your profit target, our Risk Team will conduct a manual review of your entire evaluation period, concluding within 5 working days.
We also provide a Pro Edge account where you can start generating profits towards your payout straight away without the need to pass a challenge first.
In the event of any violation of the rules outlined in this section, immediate closure of all positions on the broker's platform will occur, the Customer’s Account will be terminated, and the right to payout will be forfeited.
1-Step Evaluation:
Within the 1-step evaluation challenge, the profit target is set at 10% of the starting demo account simulated balance.
Daily loss limit: 4%
The daily simulated drawdown is set at 4%.
Maximum Loss Limit: 6% (Trailing)
The max simulated drawdown is still set at 6% trailing from your highest simulated balance or equity achieved at all times.
Example
Consider starting with a $100,000 demo account, a daily simulated drawdown level of $96,000, and a max trailing simulated drawdown of $94,000. If you realize a simulated profit of $5,000, elevating your demo account balance to $105,000, the new daily simulated drawdown level for the next day becomes $100,800 (computed as $105,000 - 4%). The max simulated trailing drawdown will be $98,700 (computed as $105,000 - 6%) as it trails from the highest recorded simulated balance of $105,000. Similarly, if you attain a simulated profit of $9,000 at any point in time, the max simulated trailing drawdown will be $102,460 (computed as $109,000 - 6%). Notably, simulated drawdown encompasses profits, losses from closed positions, swap fees, and commissions associated with simulated trading.
Resetting Simulated Daily Drawdown and Max Simulated Trailing Drawdown:
The daily simulated drawdown resets every day at 23:00 GMT+1. The max simulated trailing drawdown is always based on the highest recorded simulated balance or equity.
2-Step Evaluation:
Phase 1
In the initial phase, we evaluate your trading skills and encourage you to establish your identity as a trader. Your goal in Phase 1 is to reach a profit target of 8% without violating any other rules. Upon successful completion, you can expect to receive your Phase 2 account within 2 hours.
Phase 2
Phase 2 is designed to validate the results and achievements of Phase 1. In this stage, your objective is to attain a profit target of 5% without violating any other rules.
Daily Loss Limit: 5%
Traders have a safety net called the Maximum Daily Loss, capping the amount they can lose each day. This rule uses the higher value between equity and balance and sets the limit at 5% of the starting equity or balance (whichever is the highest). Put simply, the trader's total losses for the day, including both current and closed positions, shouldn't go beyond this 5% limit. The reset happens every day at 22:00 UK time.
Maximum Loss Limit: 10%
The Maximum Loss Limit ensures that the equity or balance stays above a specific level. This regulation is fixed at 10% of the initial account size. For instance, if a trader has a $100,000 account with a 10% Maximum Loss Limit, the equity or balance must not dip below $90,000 under any circumstances.
Pro Edge Account:
Daily Loss Limit: 3%
The maximum daily loss limit is calculated as 3% of the higher of the starting balance or equity for each trading day. This is based on the account balance or equity at rollover which occurs at 10pm UK time.
Maximum Loss Limit: 5%
The maximum total loss trails at 5% from your highest balance or equity achieved on your account. After requesting a payout, your maximum total loss resets back to your account initial balance, and will start trailing again once your balance or equity reaches 5% profit from your initial balance.
Example
Consider starting with a $100,000 Pro Edge account, a 3% daily drawdown level of $97,000, and a 5% max trailing drawdown of $95,000. If you realize a profit of $5,000, elevating your account balance to $105,000, the new daily drawdown level for the next day becomes $101,850 (computed as $105,000 - 3%). The max trailing drawdown will be $99,750 (computed as $105,000 - 5%) as it trails from the highest recorded balance of $105,000. Similarly, if you attain a profit of $9,000 at any point in time, the max trailing drawdown will be $103,550 (computed as $109,000 - 5%). Notably, drawdown encompasses profits, losses from closed positions, swap fees, and commissions associated with your Pro Edge account.
2 - Permitted Trade Actions During News and Weekends
1-Step and 2-Step Challenges
Evaluation Challenges
Traders are permitted to hold trades over the weekend. Holding trades through high-impact news is allowed however we have a restricted 4 minute window in which no trades can be opened or closed.
Funded Trader (1-Step and 2-Step Challenges)
Traders are permitted to hold trades over the weekend. Holding trades through high-impact news is allowed however we have a restricted 4 minute window in which no trades can be opened or closed.
If you open or close a trade during the restricted time window of 2 minutes before/or until 2 minutes after, profit made on these trades will be deducted upon the payout request on the funded account.
Pro Edge Account
Traders are not permitted to hold trades over the weekend. Holding trades through high-impact news is allowed however we have a restricted 16 minute window in which no trades can be opened or closed.
If you open or close a trade during the restricted time window of 8 minutes before/or until 8 minutes after, profit made on these trades will be deducted upon the payout request on the Pro Edge account.
TAKE NOTE: If the value of breached trades exceeds 25% of the trader's profit share, the payout will be rejected and your profit share forfeited. Repeat offences may also lead to the termination of your account.
3 - Trading Strategy
Traders have the freedom to employ their preferred trading methods. Using an "EA," holding positions during news events, keeping trades over the weekend (only for 1-Step and 2-Step accounts), and utilizing lot sizes within the leverage's capacity are all allowed. However, engaging in trading practices intended to exploit the platform's inefficiencies (such as gap trading, high-frequency trading, server spamming, latency arbitrage, toxic trading flow, group hedging, long-short arbitrage, reverse arbitrage, tick scalping, server execution, opposite account trading) is strictly prohibited. Copy trading or account management by third-party vendors, along with any such activities involving Equity Edge, will result in account termination. The use of third-party Expert Advisors is not permitted and will lead to evaluation denial, payout denial, and account closure.
4 - Trading Instruments
You have the option of trading FX (Forex), Metals, Energies, Cryptocurrencies & Indices.
5 – Account Access Information
1-Step and 2-Step Evaluation Accounts
Upon purchasing an evaluation challenge, traders will promptly receive their login credentials.
Pro Edge Accounts
Upon purchasing your Pro Edge account, you will have to sign an external analyst agreement with Equity Edge Analytics Limited before receiving your account credentials.
It is strictly prohibited to alter these account credentials under any circumstances. Any attempt to change the credentials will lead to the suspension of the account.
Traders are not permitted to use signal bots, trade management services, or trade copiers. The activities of traders are consistently monitored by Equity Edge’s software, and any violation of the rules will result in the suspension of the account.
6 - Payouts & Profit Distribution
1-Step and 2-Step Accounts
14-Day Payouts + 80% Profit Split:
Traders can request a payout every fourteen days following the initiation of the first trade on the funded account. A profit split of 80% will be applied to the earned profits.
On-Demand Payouts + 90% Profit Split:
Upon attaining a VIP Spot within our firm, traders qualify for On-Demand payouts, featuring a 90% profit split.
Pro Edge Accounts
14-Day Payouts + 90% Profit Split:
Traders can request a payout every fourteen days following the initiation of the first trade on the Pro Edge account. A profit split of 90% will be applied to the earned profits.
7 – Scaling Up
1-Step and 2-Step Accounts
Level 1
Starting as a Level 1 Trader, successfully finishing this stage with four payouts and a 10% total profit qualifies you for a 20% increase in your trading capital.
Maximum drawdown increased to 7% (1-Step)
Maximum drawdown increased to 11% (2-Step)
Level 2
As a Level 2 Trader, achieved after eight successful payouts with a total profit of 20%, you will experience a 30% increase in your initial capital.
Maximum drawdown increased to 8% (1-Step)
Maximum drawdown increased to 12% (2-Step)
Daily drawdown increased to 5% (1-Step)
Daily drawdown increased to 6% (2-Step)
Level 3
Upon attaining Level 3 with twelve payouts and a total profit of 30%, your capital allocation will elevate by 40%, acknowledging your advancing expertise and trading proficiency.
Maximum drawdown increased to 9% (1-Step)
Maximum drawdown increased to 13% (2-Step)
VIP Spot
Upon achieving sixteen payouts with a total profit of 40%, you ascend to the VIP Trader status, unlocking exclusive benefits:
Double the initial balance.
Personal support and access to Advanced Trading Tools – Research
On-demand payouts for financial flexibility
A remarkable 90% profit split to retain a significant portion of your profits.
Potential access to up to $2 million in capital to enhance your trading endeavors.
Customized trading conditions tailored precisely to your unique trading strategy.
Maximum drawdown increased to 10% (1-Step) / 14% (2-Step)
Daily drawdown increased to 6% (1-Step) / 7% (2-Step)
Risk-Based Capital Allocation
Capital allocation is based on a trader's risk-adjusted performance, ensuring that those demonstrating superior risk-adjusted returns receive more capital, irrespective of their trading history.
Pro Edge Account
We do not offer any account scaling on our Pro Edge accounts.
8 - Merging Accounts
1-Step and 2-Step Accounts
You can purchase as many challenges at one time as you like, however there is a max allocation of $100,000 for funded accounts. This means that the total of your funded accounts and passed challenges that are waiting for contracts may not exceed $100,000. The value of your active challenge accounts is however unlimited.
Pro Edge Accounts
There is no limit to the number of Pro Edge accounts that can be purchased at any one time, however you may not trade more than $100,000 at any one time. This can be across one or multiple accounts. Violating this rule will result in your accounts being terminated and any pending payouts forfeited.
Example
You buy 5 x $50k accounts which comes to a total of $250k. You may trade 2 of these accounts which is within the max $100k allocation allowance. If you breach one of those 2 accounts you were trading, then only may you begin trading another $50k account which will bring you back up to the $100k allocation limit.
9 – Refunds
1-Step and 2-Step Accounts
Upon successful completion of either the 1-Step Evaluation Challenge or the 2-Step Evaluation Challenge, all traders will be entitled to a refund of their fees, which will be processed along with their 3rd clean payout. In order to qualify as a clean payout, no deductions should have been made to the payout requested as a result of any violations of the rules.
Pro Edge Accounts
No refunds are issued for Pro Edge accounts.
10 – Inactivity
1-Step and 2-Step Accounts
There is no inactivity rule for 1-Step and 2-Step accounts. You can purchase a challenge and trade it at your own pace whenever you are ready.
Pro Edge Accounts
There is no inactivity rule for accounts that have not yet been traded on. If any Pro Edge trading account is inactive for more than 30 days at any time after the 1st trade has been placed on the account, then the account will be terminated.
11 – IP Address
IP Address Matching:
The region of your IP address(es) utilized for the purchase of the Evaluation, login to our https://app.equityedge.co.uk, 1-Step Evaluation account, 2-Step Evaluation account, the Funded trading account and Pro Edge account should align. In the event of a detected change in region, our Risk Team may contact you for confirmation and request supporting proof.
IP Address for Funded Account and Pro Edge Account:
The region of your IP address(es) used to access the Funded account and Pro Edge account must remain consistent. If any alteration in the region is detected, our Risk Team may initiate contact to confirm and request evidence, such as a plane ticket, passport stamp, or live video from the location. This precautionary measure is implemented to safeguard you from potential third-party interference. If you have travel plans, please notify our support team in advance to ensure transparency and prevent any disruptions from our end.
12 – Evaluation Stage
1-Step Challenge
| 1-Step challenge |
Trading Period | Unlimited |
Minimum Trading Days | 2 Days |
Maximum Daily Loss | 4% |
Maximum Loss (Trailing) Maximum Loss is calculated by measuring the difference between your highest recorded balance from closed trades and your current equity or balance (whichever is the highest). | 6% |
Profit Target | 10% |
1-Step Funded Trader
| 1-Step Funded Trader |
Trading Period | Unlimited |
Maximum Daily Loss | 4% |
Maximum Loss (Trailing) Maximum Loss is calculated by measuring the difference between your highest recorded balance from closed trades and your current equity or balance (whichever is the highest). | 6% |
Profit Target | Unlimited |
Leverage (FX) | 1:50 |
Leverage (Crypto) | 1:2 |
2-Step Challenge
| Phase 1 | Phase 2 |
Trading Period | Unlimited | Unlimited |
Minimum Trading Days | 0 Days | 0 Days |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 10% | 10% |
Profit Target | 8% | 5% |
2-Step Funded Trader
| 2-Step Funded Trader |
Trading Period | Unlimited |
Maximum Daily Loss | 5% |
Maximum Loss | 10% |
Profit Target | Unlimited |
Pro Edge Trader
| Pro Edge Trader |
Trading Period | Unlimited |
Maximum Daily Loss | 3% |
Maximum Loss | 5% |
Profit Target | Unlimited |
13 – Leverage
1-Step and 2-Step Accounts
The following leverage applies across tradable assets in the Equity Edge model for 1-Step and 2-Step accounts:
Forex: 1:50
Metals: 1:20
Indices: 1:20
Energies: 1:10
Crypto: 1:2
Pro Edge Accounts
The following leverage applies across tradable assets in the Equity Edge model for Pro Edge accounts:
Forex: 1:30
Metals: 1:15
Indices: 1:15
Energies: 1:10
Crypto: 1:2