What Rules do I need to follow?
What Rules do I need to follow?
You can see rules section here: https://tradersyard.com/rules
Prohibited practices include:
Copy trading
Hedging across accounts
Arbitrage or latency exploitation
Martingale / grid strategies
Gambling behavior
News trading abuse
Use of VPN/VPS
What consistency rule do I need to follow?
What consistency rule do I need to follow?
40% Consistency Rule: Your Best Day Profit cannot exceed 40% of your Total Closed Profit. Only closed trades are included in this calculation.
Consistency = (Best Day Profit ÷ Total Closed Profit) × 100
If your Best Day Profit exceeds the 40% limit, your account will not fail. But you must increase your Total Closed Profit to bring this ratio below 40% in order to pass or request Reward.
Example 1: $100,000 account. Total Closed Profit = $10,000. Best Day Profit = $3,000. Consistency = ($3,000 ÷ $10,000) × 100 = 30%. Since 30% is below 40%, you are consistent and can pass or request Reward.
Example 2: $50,000 account. Total Closed Profit = $5,000. Best Day Profit = $3,000. Consistency = 60%. Not consistent yet. If Total Closed Profit grows to $8,000 while Best Day stays at $3,000, new Consistency = 37.5%. Now below 40%, consistent, can pass or request Reward.
What are the different types of drawdown?
What are the different types of drawdown?
Daily Drawdown
A daily loss limit based on your account equity. The limit resets every day at UTC 00:00. If your equity falls below the allowed daily limit at any point during the day, the account is breached.
2. Static Max Drawdown
A fixed maximum loss limit based on your starting balance. The drawdown level never moves, regardless of how much profit you make. If your equity falls below this level, the account is breached.
3. End-of-Day (EoD) Max Drawdown
A maximum loss limit that can move upward as your account grows. The drawdown level is updated at UTC 00:00 whenever a new account high is reached. It never moves downward and eventually locks once its maximum level is reached.
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.
Drawdown Type Drawdown Type | Resets Daily Resets Daily | Moves Up Moves Up | Moves Down Moves Down |
Daily Drawdown | Yes | No | No |
Static Drawdown | No | No | No |
EoD Max Drawdown | No | Yes | No |
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.
What drawdown rules apply to each account type?
What drawdown rules apply to each account type?
Drawdown Type Drawdown Type | Resets at UTC 00:00 Resets at UTC 00:00 | Moves Up Moves Up | Moves Down Moves Down | Applies To Applies To |
Daily Drawdown | Yes | No | No | Step 1, Step 2 |
Static Max Drawdown | No | No | No | Step 2 |
EoD Max Drawdown | No (reviewed at UTC 00:00) | Yes | No | Step 1, Instant Funded, Futures |
To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.
Notes
Daily Drawdown resets completely every day at UTC 00:00.
Static Max Drawdown never resets and never moves.
EoD Max Drawdown does not reset. It is reviewed at UTC 00:00 and moves upward only when a new account high has been reached. Once locked, it no longer trails higher.
Is your drawdown equity-based or balance-based?
Is your drawdown equity-based or balance-based?
Daily Drawdown & Max Drawdown are equity-based, meaning open P/L is included in the calculation.
Equity includes unrealized P/L from open positions, your account can breach a drawdown limit even if a trade has not yet been closed.
EoD Max Drawdown is Equity/Balance at EoD based
Is there a Martingale rule?
Is there a Martingale rule?
After a losing streak, new positions must not exceed 2x the notional size of the largest losing trade in that streak. Exceeding this triggers a violation.
Is there an inactivity rule?
Is there an inactivity rule?
Yes, there is an inactivity rule.
You must execute at least one trade within every 30-day period to keep your account active.
Please note:
If your account remains inactive beyond 30 days, it will be permanently closed
Closed accounts cannot be restored
What trading strategies are prohibited?
What trading strategies are prohibited?
Prohibited practices include:
Copy trading
Hedging across accounts
Arbitrage or latency exploitation
Martingale / grid strategies
Gambling behavior
News trading abuse
Use of VPN/VPS
Violations can lead to profit deduction or account termination.
Can I trade during news events?
Can I trade during news events?
Trading is restricted 10 minutes before and 5 minutes after high-impact news
Pending orders (TP/SL) will not execute during this time
During account configuration, you can choose whether News Trading is allowed or restricted for your challenge account
News trading is always restricted on funded accounts
Why can’t I trade Forex during the daily market break?
Why can’t I trade Forex during the daily market break?
Forex instruments are temporarily unavailable during the daily session change. A five-minute buffer is applied before the session closes and after it reopens. The Forex trading break is:
Summer schedule: 20:55–22:05 UTC
Winter schedule: 21:55–23:05 UTC
During this period, users cannot open, close, or modify Forex trades. Trading becomes available automatically when the break ends. The schedule changes between summer and winter because of daylight-saving time.