What is the maximum loss? Static vs trailing
The maximum total loss from your starting balance. Two-Step is static; One-Step and Instant are trailing.
Read articleKnowledge Base
Trading Rules
Editable guidance for objectives, loss limits and trading conditions.
What is the daily loss rule?
The most your equity may fall in one day from that day starting balance. Breaching it fails the account.
Read articleThe consistency rule (Instant)
How Instant consistency is calculated: your biggest single winning day as a share of your total net profit, which must stay at or below 20%. While your account is not in profit yet it simpl…
Read articleIs news trading allowed?
Restricted on funded and instant accounts: no positions held around high-impact events.
Read articleWhat is the maximum margin usage?
Used margin must stay at or below 80% of equity. Going over warns you, then breaches after a 5-minute grace period.
Read articleWhat is the maximum capital allocation?
You can be allocated up to $200,000 in simulated capital across your Fandora accounts.
Read articleWhat are the minimum trading days?
Two-Step and One-Step require 3 trading days per phase; Instant requires 5 qualifying days.
Read articleWhat is the profit target?
Two-Step: 8% then 5%. One-Step: 10%. Instant has no profit target.
Read articleWhat is the maximum risk per trade?
On Instant accounts, combined open floating risk per trading idea must stay at or below 1%.
Read articleHedging, margin, stop-loss and other conduct rules
Hedging is banned; margin over 80% and missing stop-losses warn then breach; some behaviour is reviewed manually.
Read articleIs high-frequency trading (HFT) allowed?
High order-frequency trading is allowed, but latency and feed abuse is reviewed manually.
Read articleIs a stop-loss required?
Yes on funded and Instant accounts. A missing stop-loss warns you, then breaches after a 2-minute grace period.
Read articleCan I hold trades overnight?
Yes. Positions may be kept open overnight on all account types.
Read articleQualifying days and the 30-day cycle (Instant)
Five qualifying days at 0.25%/day inside a 30-day window; miss it and the counter resets.
Read articleIs grid trading allowed?
Grid and averaging strategies are permitted as long as they respect the loss limits, margin cap and other rules.
Read articleWhat is the inactivity rule?
An account with no trading activity for 30 days may be closed.
Read articleAre Expert Advisors (EAs) allowed?
Yes. Automated strategies and EAs are permitted, provided they respect all account rules.
Read articleCan I hold trades over the weekend?
Yes. Positions may be held over the weekend on all account types.
Read articleIs hedging allowed?
No. Opposing buy and sell on the same instrument, or across your own accounts, breaches the account.
Read articleProfit targets and minimum trading days
Targets by model and how many days you must trade before passing.
Read articleHow long do I have to complete a challenge?
There is no time limit. You can take as long as you need; only the minimum trading days apply.
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