Home - Next Step Funded bg-decor-01 bg-decor-02
New Platform is Live! Existing Clients Can Still Access Their Ongoing Challenges Here
Reading Time: < 1 minutes
hero
logo

Get Funded & Trade Our Capital

Pay once, pass the test and get funded! Keep up to 80% of profits, trade anytime, and hold trades over the weekend.

Get Started

3 Simple Steps

  • 01

    Next step CHALLENGE

    Select and purchase the challenge that best suits your interests and goals.

  • 02

    Next step VERIFICATION

    Successfully pass our one or two-step challenge and undergo the identity verification process (KYC).

  • 03

    Next step TRADER

    Make money with your funded account by following the rules and receive your share of the profits.

Pricing that fits every Trader

Where veteran and rookie traders all come together to talk about the markets and keep up to date with all announcements.

One Step Challange Funded
min days 3 Minimum Trading Days 0
time limit 60 Maximum calender days 0
daily drawdown 5% – $200 5% – $200
max loss 12% – $1,800 12% – $1,800
Target 10% – $1,500 –
Profit Split – 80%
HFT Allowed No No
Lot Size Consistency Rule No No
Profit Cap No 5% (first two months)
50% rule No Yes First two months
SL/TP Required No No
News Trading Yes Yes
Refund No Yes
One Step
min days
Challange 3 Minimum Trading Days
Funded 0
time limit
Challange 60 Maximum calender days
Funded 0
daily drawdown
Challange 5% – $200
Funded 5% – $200
max loss
Challange 12% – $1,800
Funded 12% – $1,800
Target
Challange 10% – $1,500
Funded –
Profit Split
Challange –
Funded 80%
HFT Allowed
Challange No
Funded No
Lot Size Consistency Rule
Challange No
Funded No
Profit Cap
Challange No
Funded 5% (first two months)
50% rule
Challange No
Funded Yes First two months
SL/TP Required
Challange No
Funded No
News Trading
Challange Yes
Funded Yes
Refund
Challange No
Funded Yes
Get Funded
One Step Challange Funded
min days 3 Minimum Trading Days 0
time limit 60 Maximum calender days 0
daily drawdown 5% – $1,000 5% – $1,000
max loss 12% – $3,000 12% – $3,000
Target 10% – $2,500 –
Profit Split – 80%
HFT Allowed No No
Lot Size Consistency Rule No No
Profit Cap No 5% (first two months)
50% rule No Yes First two months
SL/TP Required No No
News Trading Yes Yes
Refund No Yes
One Step
min days
Challange 3 Minimum Trading Days
Funded 0
time limit
Challange 60 Maximum calender days
Funded 0
daily drawdown
Challange 5% – $1,000
Funded 5% – $1,000
max loss
Challange 12% – $3,000
Funded 12% – $3,000
Target
Challange 10% – $2,500
Funded –
Profit Split
Challange –
Funded 80%
HFT Allowed
Challange No
Funded No
Lot Size Consistency Rule
Challange No
Funded No
Profit Cap
Challange No
Funded 5% (first two months)
50% rule
Challange No
Funded Yes First two months
SL/TP Required
Challange No
Funded No
News Trading
Challange Yes
Funded Yes
Refund
Challange No
Funded Yes
Get Funded
One Step Challange Funded
min days 3 Minimum Trading Days 0
time limit 60 Maximum calender days 0
daily drawdown 5% – $5,000 5% – $5,000
max loss 12% – $6,000 12% – $6,000
Target 10% – $5,000 –
Profit Split – 80%
HFT Allowed No No
Lot Size Consistency Rule No No
Profit Cap No 5% (first two months)
50% rule No Yes First two months
SL/TP Required No No
News Trading Yes Yes
Refund No Yes
One Step
min days
Challange 3 Minimum Trading Days
Funded 0
time limit
Challange 60 Maximum calender days
Funded 0
daily drawdown
Challange 5% – $5,000
Funded 5% – $5,000
max loss
Challange 12% – $6,000
Funded 12% – $6,000
Target
Challange 10% – $5,000
Funded –
Profit Split
Challange –
Funded 80%
HFT Allowed
Challange No
Funded No
Lot Size Consistency Rule
Challange No
Funded No
Profit Cap
Challange No
Funded 5% (first two months)
50% rule
Challange No
Funded Yes First two months
SL/TP Required
Challange No
Funded No
News Trading
Challange Yes
Funded Yes
Refund
Challange No
Funded Yes
Get Funded
One Step Challange Funded
min days 3 Minimum Trading Days 0
time limit 60 Maximum calender days 0
daily drawdown 5% – $15,000 5% – $15,000
max loss 12% – $12,000 12% – $12,000
Target 10% – $10,000 –
Profit Split – 80%
HFT Allowed No No
Lot Size Consistency Rule No No
Profit Cap No 5% (first two months)
50% rule No Yes First two months
SL/TP Required No No
News Trading Yes Yes
Refund No Yes
One Step
min days
Challange 3 Minimum Trading Days
Funded 0
time limit
Challange 60 Maximum calender days
Funded 0
daily drawdown
Challange 5% – $15,000
Funded 5% – $15,000
max loss
Challange 12% – $12,000
Funded 12% – $12,000
Target
Challange 10% – $10,000
Funded –
Profit Split
Challange –
Funded 80%
HFT Allowed
Challange No
Funded No
Lot Size Consistency Rule
Challange No
Funded No
Profit Cap
Challange No
Funded 5% (first two months)
50% rule
Challange No
Funded Yes First two months
SL/TP Required
Challange No
Funded No
News Trading
Challange Yes
Funded Yes
Refund
Challange No
Funded Yes
Get Funded
One Step Challange Funded
min days 3 Minimum Trading Days 0
time limit 60 Maximum calender days 0
daily drawdown 5% – $20,000 5% – $20,000
max loss 12% – $40,000 12% – $40,000
Target 10% – $20,000 –
Profit Split – 80%
HFT Allowed No No
Lot Size Consistency Rule No No
Profit Cap No 5% (first two months)
50% rule No Yes First two months
SL/TP Required No No
News Trading Yes Yes
Refund No Yes
One Step
min days
Challange 3 Minimum Trading Days
Funded 0
time limit
Challange 60 Maximum calender days
Funded 0
daily drawdown
Challange 5% – $20,000
Funded 5% – $20,000
max loss
Challange 12% – $40,000
Funded 12% – $40,000
Target
Challange 10% – $20,000
Funded –
Profit Split
Challange –
Funded 80%
HFT Allowed
Challange No
Funded No
Lot Size Consistency Rule
Challange No
Funded No
Profit Cap
Challange No
Funded 5% (first two months)
50% rule
Challange No
Funded Yes First two months
SL/TP Required
Challange No
Funded No
News Trading
Challange Yes
Funded Yes
Refund
Challange No
Funded Yes
Get Funded
Two Step Phase 1 Phase 2 Funded
min days 5 Minimum Trading Days 5 Minimum Trading Days 0
time limit 30 Maximum calender days 60 Maximum calender days 0
daily drawdown 5% – $750 5% – $750 5% – $750
max loss 12% – $1,800 12% – $1,800 12% – $1,800
Target 10% – $1,500 5% – $700 –
Profit Split – – Up to 80%
HFT Allowed Yes Yes No
Lot Size Consistency Rule No No Yes First two months
Profit Cap No No 5% (first three months)
50% rule No No Yes First two months
SL/TP Required No No No
News Trading Yes Yes Yes
Refund No No No
Two Step
min days
Phase 1 5 Minimum Trading Days
Phase 2 5 Minimum Trading Days
Funded 0
time limit
Phase 1 30 Maximum calender days
Phase 2 60 Maximum calender days
Funded 0
daily drawdown
Phase 1 5% – $750
Phase 2 5% – $750
Funded 5% – $750
max loss
Phase 1 12% – $1,800
Phase 2 12% – $1,800
Funded 12% – $1,800
Target
Phase 1 10% – $1,500
Phase 2 5% – $700
Funded –
Profit Split
Phase 1 –
Phase 2 –
Funded Up to 80%
HFT Allowed
Phase 1 Yes
Phase 2 Yes
Funded No
Lot Size Consistency Rule
Phase 1 No
Phase 2 No
Funded Yes First two months
Profit Cap
Phase 1 No
Phase 2 No
Funded 5% (first three months)
50% rule
Phase 1 No
Phase 2 No
Funded Yes First two months
SL/TP Required
Phase 1 No
Phase 2 No
Funded No
News Trading
Phase 1 Yes
Phase 2 Yes
Funded Yes
Refund
Phase 1 No
Phase 2 No
Funded No
Get Funded
Two Step Phase 1 Phase 2 Funded
min days 5 Minimum Trading Days 5 Minimum Trading Days 0
time limit 30 Maximum calender days 60 Maximum calender days 0
daily drawdown 5% – $1,250 5% – $1,250 5% – $1,250
max loss 12% – $3,000 12% – $3,000 12% – $3,000
Target 10% – $2,500 5% – $1,250 –
Profit Split – – Up to 80%
HFT Allowed Yes Yes No
Lot Size Consistency Rule No No Yes First two months
Profit Cap No No 5% (first three months)
50% rule No No Yes First two months
SL/TP Required No No No
News Trading Yes Yes Yes
Refund No No No
Two Step
min days
Phase 1 5 Minimum Trading Days
Phase 2 5 Minimum Trading Days
Funded 0
time limit
Phase 1 30 Maximum calender days
Phase 2 60 Maximum calender days
Funded 0
daily drawdown
Phase 1 5% – $1,250
Phase 2 5% – $1,250
Funded 5% – $1,250
max loss
Phase 1 12% – $3,000
Phase 2 12% – $3,000
Funded 12% – $3,000
Target
Phase 1 10% – $2,500
Phase 2 5% – $1,250
Funded –
Profit Split
Phase 1 –
Phase 2 –
Funded Up to 80%
HFT Allowed
Phase 1 Yes
Phase 2 Yes
Funded No
Lot Size Consistency Rule
Phase 1 No
Phase 2 No
Funded Yes First two months
Profit Cap
Phase 1 No
Phase 2 No
Funded 5% (first three months)
50% rule
Phase 1 No
Phase 2 No
Funded Yes First two months
SL/TP Required
Phase 1 No
Phase 2 No
Funded No
News Trading
Phase 1 Yes
Phase 2 Yes
Funded Yes
Refund
Phase 1 No
Phase 2 No
Funded No
Get Funded
Two Step Phase 1 Phase 2 Funded
min days 5 Minimum Trading Days 5 Minimum Trading Days 0
time limit 30 Maximum calender days 60 Maximum calender days 0
daily drawdown 5% – $2,500 5% – $2,500 5% – $2,500
max loss 12% – $6,000 12% – $6,000 12% – $6,000
Target 10% – $5,000 5% – $2,500 –
Profit Split – – Up to 80%
HFT Allowed Yes Yes No
Lot Size Consistency Rule No No Yes First two months
Profit Cap No No 5% (first three months)
50% rule No No Yes First two months
SL/TP Required No No No
News Trading Yes Yes Yes
Refund No No No
Two Step
min days
Phase 1 5 Minimum Trading Days
Phase 2 5 Minimum Trading Days
Funded 0
time limit
Phase 1 30 Maximum calender days
Phase 2 60 Maximum calender days
Funded 0
daily drawdown
Phase 1 5% – $2,500
Phase 2 5% – $2,500
Funded 5% – $2,500
max loss
Phase 1 12% – $6,000
Phase 2 12% – $6,000
Funded 12% – $6,000
Target
Phase 1 10% – $5,000
Phase 2 5% – $2,500
Funded –
Profit Split
Phase 1 –
Phase 2 –
Funded Up to 80%
HFT Allowed
Phase 1 Yes
Phase 2 Yes
Funded No
Lot Size Consistency Rule
Phase 1 No
Phase 2 No
Funded Yes First two months
Profit Cap
Phase 1 No
Phase 2 No
Funded 5% (first three months)
50% rule
Phase 1 No
Phase 2 No
Funded Yes First two months
SL/TP Required
Phase 1 No
Phase 2 No
Funded No
News Trading
Phase 1 Yes
Phase 2 Yes
Funded Yes
Refund
Phase 1 No
Phase 2 No
Funded No
Get Funded
Two Step Phase 1 Phase 2 Funded
min days 5 Minimum Trading Days 5 Minimum Trading Days 0
time limit 30 Maximum calender days 60 Maximum calender days 0
daily drawdown 5% – $5,000 5% – $5,000 5% – $5,000
max loss 12% – $12,000 12% – $12,000 12% – $12,000
Target 10% – $10,000 5% – $5,000 –
Profit Split – – Up to 80%
HFT Allowed Yes Yes No
Lot Size Consistency Rule No No Yes First two months
Profit Cap No No 5% (first three months)
50% rule No No Yes First two months
SL/TP Required No No No
News Trading Yes Yes Yes
Refund No No No
Two Step
min days
Phase 1 5 Minimum Trading Days
Phase 2 5 Minimum Trading Days
Funded 0
time limit
Phase 1 30 Maximum calender days
Phase 2 60 Maximum calender days
Funded 0
daily drawdown
Phase 1 5% – $5,000
Phase 2 5% – $5,000
Funded 5% – $5,000
max loss
Phase 1 12% – $12,000
Phase 2 12% – $12,000
Funded 12% – $12,000
Target
Phase 1 10% – $10,000
Phase 2 5% – $5,000
Funded –
Profit Split
Phase 1 –
Phase 2 –
Funded Up to 80%
HFT Allowed
Phase 1 Yes
Phase 2 Yes
Funded No
Lot Size Consistency Rule
Phase 1 No
Phase 2 No
Funded Yes First two months
Profit Cap
Phase 1 No
Phase 2 No
Funded 5% (first three months)
50% rule
Phase 1 No
Phase 2 No
Funded Yes First two months
SL/TP Required
Phase 1 No
Phase 2 No
Funded No
News Trading
Phase 1 Yes
Phase 2 Yes
Funded Yes
Refund
Phase 1 No
Phase 2 No
Funded No
Get Funded
Two Step Phase 1 Phase 2 Funded
min days 5 Minimum Trading Days 5 Minimum Trading Days 0
time limit 30 Maximum calender days 60 Maximum calender days 0
daily drawdown 5% – $10,000 5% – $10,000 5% – $10,000
max loss 12% – $24,000 12% – $24,000 12% – $24,000
Target 10% – $20,000 5% – $10,000 –
Profit Split – – Up to 80%
HFT Allowed Yes Yes No
Lot Size Consistency Rule No No Yes First two months
Profit Cap No No 5% (first three months)
50% rule No No Yes First two months
SL/TP Required No No No
News Trading Yes Yes Yes
Refund No No No
Two Step
min days
Phase 1 5 Minimum Trading Days
Phase 2 5 Minimum Trading Days
Funded 0
time limit
Phase 1 30 Maximum calender days
Phase 2 60 Maximum calender days
Funded 0
daily drawdown
Phase 1 5% – $10,000
Phase 2 5% – $10,000
Funded 5% – $10,000
max loss
Phase 1 12% – $24,000
Phase 2 12% – $24,000
Funded 12% – $24,000
Target
Phase 1 10% – $20,000
Phase 2 5% – $10,000
Funded –
Profit Split
Phase 1 –
Phase 2 –
Funded Up to 80%
HFT Allowed
Phase 1 Yes
Phase 2 Yes
Funded No
Lot Size Consistency Rule
Phase 1 No
Phase 2 No
Funded Yes First two months
Profit Cap
Phase 1 No
Phase 2 No
Funded 5% (first three months)
50% rule
Phase 1 No
Phase 2 No
Funded Yes First two months
SL/TP Required
Phase 1 No
Phase 2 No
Funded No
News Trading
Phase 1 Yes
Phase 2 Yes
Funded Yes
Refund
Phase 1 No
Phase 2 No
Funded No
Get Funded
eightcap

8 eightcap

Where veteran and rookie traders all come together to talk about the markets and keep up to date with all announcements.

Get Started

World Class Asset Offering

With over 500 products listed at our partner broker we offer traders one of the largest selections in the prop trading space for users to take profit on!

  • rule-01

    FX

    Trade over 40 major and minor
    fx pairs

    Start Trading
  • rule-02

    METALS

    You can easily modify any block data to fits
    your need; image, title, text, etc.

    Start Trading
  • rule-03

    OIL

    We offerBrent and WTI , which are the two
    global benchmarks for oil trading.

    Start Trading
  • rule-04

    INDICIES

    Trade the world’s largest Stock indices
    round-the-clock with instant execution.

    Start Trading
  • rule-05

    STOCK CFDs

    Go long or short on the largest US, Australian, LSE, and XETRA stocks.

    Start Trading
targets-01

Trade on the world’s mostpopular Platform

As an intuitive and fully customisable trading interface, Eightcap’s platforms provide a smooth and efficient trading experience formulti-asset traders via the Web Trader or desktop and mobile Apps.

circle-01

Powered by Eightcap

Take advantage of Eightcap’s world class offering of 1000+ trading instruments and industry leading spreads

circle-02

Fast Execution

Hosted in Equinix data centres by Eightcap ensuring optimal performance at all times with cloud

View Eightcap Platforms

Frequently Asked Questions

The formula provided is used to calculate a trader’s average trade size, which is an important metric to evaluate trading performance and consistency. Here’s a detailed explanation:

  1. Total Lots Traded (not including pending orders): This refers to the sum of the lot sizes for all executed market order trades. Pending orders, such as limit and stop orders, are not considered in this calculation as they have not been executed yet.
  2. Total Market Order Trades: This is the total number of executed market orders, which are trades that get filled immediately at the current market price.

To calculate the average trade size, divide the total lots traded by the total market order trades:

Average Trade Size = Total Lots Traded / Total Market Order Trades

For example, suppose a trader has executed 20 market order trades with a total of 200 lots traded.

The average trade size would be:
Average Trade Size = 200 lots / 20 trades = 10 lots

Trader has an average trade size of 10 lots. Based on the given rules, their trade size range would be between 2.5 lots (10 lots * 25%) and 20 lots (10 lots * (200%).

Throughout Month, Trader makes a total of 30 trades, and here’s a breakdown of their trades:

  1. 18 trades within the 2.5 to 20 lots range
  2. 6 trades below 2.5 lots
  3. 6 trades above 20 lots

Since Trader has met the minimum 10 days in trade range, the following rules apply:

  1. Profitable trades that fall outside the trade range will be removed.
  2. No trade can be more than 50% of their total profit.

No single trade should account for more than $3,000 if Trader A’s total profit is $6,000, for example. As long as Trader A’s trades meet these conditions, they will receive a 60% profit split and be subject to a 5% profit cap on their account.

Trader also has an average trade size of 10 lots, giving them a trade size range of 2.5 to 20 lots. In Month 1, they make a total of 20 trades:

  1. 8 trades within the 2.5 to 20 lots range
  2. 4 trades below 2.5 lots
  3. 8 trades above 20 lots

In this scenario, Trader falls short of the minimum 10 days in trade range requirement. This means that their trades falling outside the range will not be counted, and does not qualify for the 60% profit split and 5% profit cap.

To meet the consistency rules, Trader needs to ensure they have a minimum of 10 trades within the specified range during Month 1.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 25 trades:

  1. 15 trades within the 2.5 to 20 lots range
  2. 5 trades below 2.5 lots
  3. 5 trades above 20 lots

They meet the minimum 10 days in trade range, but one of their trades within the range accounts for $4,000 in profit. Their total profit before adjustments is $7,000, meaning this trade represents more than 50% of their total profit.

Since the trade exceeds the 50% rule, it is removed from their profit calculation. The remaining profit from other trades is now $3,000. As long as the rest of their trades meet all the consistency rules, including the minimum 10 days in trade range, the trader would qualify for the 60% profit split and the 5% profit cap.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 35 trades:

  1. 25 trades within the 2.5 to 20 lots range
  2. 5 trades below 2.5 lots
  3. 5 trades above 20 lots

The trader meets the minimum 10 days in trade range and carefully monitors their trades to ensure compliance with all consistency rules. They focus on managing risk by using appropriate stop-loss and take-profit orders, and they make informed decisions based on market analysis and strategy.

Their total profit before adjustments is $8,500, and no single trade accounts for more than 50% of their total profit. The profitable trades outside the range will be removed, leaving them with a total profit of $7,500.

In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $4,500 (60% of $7,500) as their profit split, and their account would be subject to the 5% profit cap.

By adhering to the consistency rules and focusing on risk management, traders can optimize their performance while complying with the requirements for funded accounts. It’s essential to monitor trade sizes and profits regularly to ensure ongoing eligibility for the profit split and cap.

A trader with an average trade size of 10 lots has a range of 2.5 to 20 lots. In one month, they make 28 trades:

  1. 20 trades within the 2.5 to 20 lots range
  2. 4 trades below 2.5 lots
  3. 4 trades above 20 lots

The trader meets the minimum 10 days in trade range and diligently follows a risk management strategy. They implement a risk-reward ratio of 1:2, setting stop-loss and take-profit orders accordingly. They also keep themselves updated with market news and technical analysis to make informed decisions.

Their total profit before adjustments is $9,000. Since none of their trades outside the range were profitable, no adjustments need to be made for their total profit.

Additionally, no single trade accounts for more than 50% of their total profit.

In this scenario, the trader qualifies for the 60% profit split and the 5% profit cap. They would receive $5,400 (60% of $9,000) as their profit split, and their account would be subject to the 5% profit cap.

This scenario demonstrates the importance of staying within the consistency rules and using proper risk management techniques to achieve success in trading. A well-executed plan can help traders maximise their profits while adhering to the requirements of funded accounts.

View All