What are the Rules for the 1 Step "Flash" Challenge Account?
Profit Target and Risk Management
- Profit Target
- Achieve a 10% profit from your initial balance
- Minimum Profitable Trading Days
- At least 3 profitable trading days are required to proceed to the next phase — [More Information here]
- Max Daily Loss
- 4% of initial balance (Hard breach). To learn more how it works, kindly refer to our [Daily Loss Limit article here]
- Max Trailing Drawdown
- 7% of initial balance (Hard breach). To learn more how it works, kindly refer to our [Max trailing drawdown article here]
If your daily loss exceeds 2% on open trades for any one symbol, or 2.5% across all symbols, Equity Shield will automatically close your trades in most cases to protect your account.
To learn more how it works, kindly refer to our [Equity Shield article here]
Trading Rules
- Trading Period
- Unlimited — no time limit to complete
- Inactive Rule
- You must place a trade at least once every 30 days (Hard breach) — [More Information here]
- Stop-Loss
- Required for each trade unless an add-on is purchased (soft breach) — [More Information here]
- Expert Advisors (EAs)
- Allowed during the challenge, but must be your own unique EA. You cannot use the same EA as other traders placing identical trades — [More Information here]
- News Rule
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- During the Evaluation Stage: You are free to trade during news events without any restrictions.
- During the Simulated Funded Account: It is prohibited to execute or close any trade within the window of 5 minutes before and 5 minutes after a high-impact news event — [More Information here]
- Max Lot Size Rule
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- No lot size limits during the Challenge Phase
- Simulated Funded Account: Max 20% of account size, capped at 20 lots total — [More Information here]
- Prohibited Strategies
- Ensure you do not violate any prohibited trading strategies — [More Information here]
Simulated Funded Account Rules: Payout Requirements, Lock Upon Payout & Daily Limits
Payouts are available after a set period, with ongoing withdrawals every 14 days. Profit share ranges from 80%–90%, with minimum payout and trading day requirements
Click the button below to see full eligibility details
When you request a payout, your Max Drawdown locks at your starting balance and no longer trails. This affects how much buffer you have remaining
Click the button below to see how it works
Funded 1-Step Flash accounts have a 3% daily profit cap. Once reached, trading is paused for the day and excess profits are voided—this is not a breach
Click the button below to see how it works
Trading Platforms & Specifications
Platforms Available:
- Match Trader
- Trade Locker
- MetaTrader 5
Platform Availability Based on Your Account Size
- MetaTrader 5 is currently not available for traders in the United States, Canada, U.S. Outlying Territories, or Puerto Rico
Assets Available: Available instruments can be found here. No stocks are available for trading.
Leverage Overview
| Asset Class | Evaluation Leverage | Funded Leverage |
|---|---|---|
| Forex | 10:1 | 10:1 |
| Indices | 10:1 | 5:1 |
| Commodities | 10:1 | 5:1 |
| Crypto | 2:1 | 0.3:1 |
For any questions or assistance, feel free to contact our support team at support@toponetrader.com