How does the consistency rule work in Funded Forex? (Prop Specific)
Our consistency rule is very simple, one trading day must not exceed more than 50% of the whole payout.
If you are requesting a $10,000 payout, one trading day must not be worth more than $5,000. This trading day can be formed of 1 trade or multiple trades.
In case you have a trading day that is worth more than 50% of your total payout, you need to keep trading and make more profits per day in order to lower the percentage value of this trading day.
Let’s see an example with the formula for calculating consistency rule:
$100,000 initial account balance
Desired requested payout = $10,000 = 10%
Consistency Rule = 50% of the payout = $10,000 / 2 = $5,000
If your biggest trading day from your payout is less than $5,000 then you are ok
If your biggest trading day from your payout is more than $5,000 you need to keep trading until that biggest day is worth less than 50%
Next table shows in which phases and challenge the consistency rule applies:
Challenge/Phase | 0 = Step 0 | 1 = Evaluation | 2 = Verification | Funded |
Elite |
| DOES NOT APPLY | APPLIES | APPLIES |
Unlimited |
| DOES NOT APPLY | APPLIES | APPLIES |
Instant Funding Conservative |
|
|
| DOES NOT APPLY |
Instant Funding Aggressive |
|
|
| DOES NOT APPLY |
Bolt Challenge | DOES NOT APPLY | APPLIES | APPLIES | APPLIES |
Free Challenge | DOES NOT APPLY | APPLIES | APPLIES | APPLIES |
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