There is no fixed time limit to complete the challenge phases, allowing traders to progress at their own pace while following all rules, risk limits and active trading requirement.

The total loss for any single trading day (including both closed and open positions) must not exceed 5% of the previous day’s account equity. This limit resets daily based on your equity at the close of the prior trading day. Violating this limit will be considered a breach of the rules.

If your account equity at yesterday’s close was $100,000, you must not lose more than $5,000 during today’s trading session. If your combined losses (realized and unrealized) reach or exceed $5,000 at any point during the day, you will breach this rule.

Throughout the entire challenge phase, the combined total loss (including both closed and open positions) must not exceed the fixed maximum drawdown limit. This limit is set at 10% of the initial account balance and applies continuously. If your account equity (including unrealized losses from open trades) falls below this threshold at any time, it will result in a rules violation.

If your starting account balance is $100,000, your equity must never drop below $90,000. Even a temporary drop below $90,000, due to open positions or closed losses, is not allowed.

To be considered a successful trader and meet the challenge requirements, the trader must show consiscency and achieve at least 4 profitable days during the each of the evaluation phase. This rule applies to both the evaluation phase and the funded account.

• Initial account balance: €100,000
• Profit target: €10,000 (10%)
• Minimum daily profit for a "profitable day": at least €500 (0.5% of the account)
• Maximum daily profit recognized for a profitable day must be in accordance with the consistency rule.

Funded traders can choose between monthly or bi-weekly payout options, depending on their preference and strategy.

• Traders may request payouts every 14 days instead of waiting the full 30-day period.
• However, choosing the bi-weekly payout option will result in a 10% fee, which is deducted from the requested payout amount.

After successfully completing the challenge and receiving a funded account, traders are eligible to receive a profit split of up to 90% on the profits they generate on a simulated demo account.

• If you generate $5,000 in profit:
• First payout: You receive $4,000 (80%)
• Future payouts: You receive $4,500 (90%)

To successfully complete each phase of the challenge, you must reach the specified profit target based on your starting balance for that phase. All open positions must be closed before the profit target is evaluated. Meeting the profit target allows you to advance to the next phase or qualify for funding.

Profit targer Phase-One is 10% of the initial account balance

Profit targer Phase-Two is 8% of the initial account balance

• Phase One: Profit target is 10%. On a $100,000 account, you need to reach $10,000 net profit before closing all positions.
• Phase Two: Profit target is 80% of Phase One profit. If you made $10,000 in Phase One, your Phase Two target will be $8,000. You must close all trades before the evaluation.

Holding trades over the weekend is allowed only during the Evaluation Phase. On Funded Accounts, it is strictly prohibited to carry open positions into the weekend. This rule is in place to protect funded traders from unexpected macroeconomic events and market uncertainty that can occur while markets are closed.

Holding trades overnight is permitted in all phases of the program, including both the Evaluation and Funded phases. Traders are free to keep positions open beyond regular market hours and carry them into the next trading day, supporting swing trading and longer-term strategies.

However, during the Funded Phase, it is not allowed to hold positions in instruments that will become untradable for more than 3 hours, including during scheduled maintenance breaks. Details about upcoming maintenance windows and trading breaks can be found here.

This rule helps ensure effective risk management and smooth trading conditions.

News trading is allowed in all phases of the program. However, restrictions apply only in the Funded Phase during high-impact news events (typically marked with red folders). In this phase, traders are not permitted to open trades (market or limit orders) or close trades via Take Profit (TP) or Stop Loss (SL) orders within the restricted time window — 5 minutes before and 5 minutes after the scheduled announcement.

These limitations do not apply during the Evaluation Phase(s), where news trading is fully permitted. A calendar listing all high-impact news events is available in the Client Area and can also be accessed here. Compliance with this rule in the Funded Phase is mandatory to ensure proper risk management and avoid violations.

No spread markup is applied. All accounts operate under raw market conditions, with spreads provided directly from the market feed, ensuring transparent and competitive pricing without hidden fees.

All trading is conducted via MetaTrader 5 (MT5) – a professional-grade trading platform equipped with advanced tools and analytics. MT5 is available for download in the Client Zone.

Octrado offers a wide range of asset classes, including Forex, Indices, Crypto, Energies, and Metals.

Forex Pairs
AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDZAR

Indices
EURO50, S&P500, AUS200, FANCE40, UK100, NASDAQ, DAX, HK50, NIKKEI, US30

Cryptocurrencies
BTCUSD, ETHUSD

Energies
Brent Crude, WTI Crude

Metals
XAUUSD, XAGUSD

All account types offer leverage of up to 1:100.
Please note that leverage varies across asset classes and instruments as follows:

• Forex: 1:100
• Indices: 1:20
• Metals: 1:20
• Energies: 1:10
• Crypto: 1:2

A default commission of $1.50 per 1 lot traded (one way) is applied to all trades.

To ensure responsible and sustainable trading, your most profitable day must not exceed 25% of the total profit target. If it does, you must continue trading until that day represents less than 25% of your overall profits. This rule applies to both the evaluation phases and the funded account, and is designed to prevent gambling-like behavior such as overleveraging, excessive risk-taking, or speculative trading without a clear strategy. The goal is to promote consistent, disciplined trading over time.

If your profit target is $10,000, your most profitable trading day must not exceed $2,500.

If you earn $3,000 in one day, this would be 30% of the profit target, so you'd need to continue trading until your total profits exceed $12,000, making that $3,000 day less than 25% of the total.

Octrado has specific rules to prevent the exploitation of platform inefficiencies and to ensure responsible trading practices. These rules also prohibit gambling-like practices, including excessive risk-taking without a clear strategy, overleveraging with the intent of making quick profits, and engaging in trades that resemble pure speculation rather than informed decision-making. The platform enforces these policies to maintain a fair-trading environment and protect traders from unsustainable behaviours that could lead to significant financial losses. Certain activities are prohibited, including:

1. Prohibited Trading Strategies: Practices such as gap trading, high-frequency trading (HFT), server spamming, latency arbitrage, and hedge arbitrage are strictly forbidden. These strategies aim to exploit platform inefficiencies and violate our terms.
2. Third-Party Copy Trading and Account Management: Using third-party vendors for copy trading or account management is not allowed and will result in account termination. You must trade independently, and any external management of your account is against our guidelines.
3. Use of Expert Advisors (EAs): While third-party Expert Advisors are allowed, they can only be used as trade or risk management tools. EAs that make trading decisions or mimic another trader’s strategy will violate our Terms of Service, potentially leading to declined payout requests.
4. Risk Management Requirements: Traders must adhere to responsible risk management practices.

Engaging in risky behaviours like:

• Opening significantly larger positions compared to previous trades
• Trading with an unusually high or low number of positions compared to your typical strategy,
• Deliberately trading during volatile news events, is not permitted and can result in account termination, as it goes against our consistency rules and overall trading policy.

These guidelines ensure a fair and responsible trading environment. Octrado reserves the right to review and decide if a trading strategy violates these terms.