Rules & Terms | FarazProp

Daily drawdown

12%

Overall drawdown

Phase 1 target

Phase 2 target

87%

Trader profit share

100%

Fee refund

General trading rules

Daily drawdown: 5% — measured from the broker-day starting balance.
Overall drawdown: 12% — measured from the account’s initial balance at creation.
Floating risk: 2% — equity must not fall more than 2% below the balance at the moment a trade is opened.

Breaching risk rules results in account failure.

Note: Daily drawdown uses balance (not equity) at the broker day reset. Overall drawdown uses the initial account balance.

Trading day: a day counts when at least one new trade is opened. Overnight holds count only for the open day.

Active: rules are being followed and the account remains tradable.
Failed: daily drawdown, overall drawdown, or floating risk was breached.
Passed: stage profit target reached, no rule breaches, and at least 6 trading days completed.

Traders may not earn more than 80% of the profit target from a single trade or a single trading day.
Breaching this rule during the challenge stages results in account failure.
On funded accounts and withdrawals, more than 80% of the requested payout must not come from one or more trades on the same symbol and direction, or from a single trading day.

100% challenge fee refund is paid after the trader’s second profit withdrawal.
Profit withdrawals follow the published payout schedule after funding.

Account	Challenge	Phase 1	Phase 2	Daily DD	Max DD	Split
$500	$9	8%	5%	5%	12%	87%
$1,000	$13	8%	5%	5%	12%	87%
$2,000	$25	8%	5%	5%	12%	87%
$5,000	$49	8%	5%	5%	12%	87%
$7,000	$66	8%	5%	5%	12%	87%
$10,000	$84	8%	5%	5%	12%	87%
$15,000	$122	8%	5%	5%	12%	87%
$30,000	$229	8%	5%	5%	12%	87%
$50,000	$449	8%	5%	5%	12%	87%

Choose a plan and begin your FarazProp challenge.