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 3-5 working days.

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.

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 BST.

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.

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.

Imposing a Cap on Simulated Drawdown at the Starting Balance:

A significant alteration takes place when your demo account reaches 6% of the initial simulated balance. At this juncture, your trailing simulated drawdown becomes fixed at your starting simulated balance or equity.

Example 1:

Suppose you commence with a $100,000 demo account. The daily simulated drawdown level is $96,000, and the max trailing simulated drawdown is $94,000. If you attain a simulated profit of $8,000, causing your demo account to exceed 6% of the starting simulated balance, your trailing simulated drawdown will now lock at $100,000. It will no longer track subsequent simulated balances. Notably, simulated drawdown encompasses profits, losses from closed positions, swap fees, and commissions associated with simulated trading.

Example 2:

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.

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 unless your demo account reaches 6% from the starting simulated balance.

Permitted Trade Actions During News and Weekends

Evaluation phase

Traders are permitted to hold trades over the weekend and 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.

Funded Trader

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.

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, 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. It's important to note that while using a third-party Expert Advisor as a trade or risk manager is allowed, any other use of third-party Expert Advisors is not permitted and will lead to evaluation denial, payout denial, and account closure.

3 - Trading Instruments

You have the option of trading FX (Forex), Metals, Cryptocurrencies & Indices.

4 – Account Access Information

Upon purchasing an evaluation challenge, traders will promptly receive their login 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.

5- Payouts & Profit Distribution

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.

6 – Scaling Up

Scaling Plan for Skilled Traders

Level 1:

Commencing as a Level 1 Trader, successful completion of this stage—marked by four payouts and a 10% total profit—qualifies you for a 20% scale-up in your trading capital.

2 Step funded accounts

- Maximum drawdown increased to 11%.

1 step funded accounts

- Maximum drawdown increased to 7%. (Trailing)

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.

2 step funded accounts

- Maximum drawdown increased to 12%.

- Daily drawdown increased to 6%.

1 step funded accounts

- Maximum drawdown increased to 8%(Trailing)

- Daily drawdown increased to 5%

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.

2 step funded accounts

- Maximum drawdown increased to 13%.

1 step funded accounts

- Maximum drawdown increased to 9%(Trailing)

VIP Spot:

Upon achieving sixteen payouts with a total profit of 40%, you proceed 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 endeavours.

- Customized trading conditions tailored precisely to your unique trading strategy.

2 step funded accounts

- Maximum drawdown increased to 14% on 2 step funded accounts.

- Daily drawdown increased to 7% on 2 step funded accounts.

1 step funded accounts

- Maximum drawdown increased to 10% on 1 step funded accounts (Trailing)

- Daily drawdown increased to 6% on 1 step funded accounts.

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.

7 – Merging Accounts

You can purchase challenges with a max allocation of up to $100,000.

We do not allow to merge any accounts.

8 – Refunds

Upon successful completion of either the 2-step evaluation challenge or the 1-step evaluation challenge, all traders will be entitled to a refund of their fees, which will be processed along with their third payout.

9 – Inactivity

Equity Edge does not have an inactivity rule. You can purchase a challenge and trade it whenever you are ready.

10 – 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, 2-Step Evaluation account, 1-Step Evaluation account, and the funded trading 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:

The region of your IP address(es) used to access the funded 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.

11 – Evaluation Stage

2-Step Challenge

2-Step Funded Trader

1-Step Challenge

1-Step Funded Trader

12 – Leverage

- Up to 1:50 leverage is offered on Forex.

- Up to 1:20 leverage is offered on Indices.

- Up to 1:20 leverage is offered on Metals.

- Up to 1:2 leverage is offered on Cryptocurrencies