1-Step Evaluation
1. Challenge Overview
Complete a single evaluation phase with strict risk limits to qualify for a Qualified Performance Account. Once you achieve the Qualified Performance Phase, you trade our simulated capital and keep up to 90% of performance rewards under our sustainable trading rules.
- 10% Profit target
- 6% Hybrid max drawdown (trailing from peak)
- No minimum Trading days required
2. Evaluation Phase
- •Profit Target:10% net closed-trade profit only (after commissions, swaps, spreads, and platform fees). Unrealised P&L does not count.
- •No Minimum Trading Days:There is no minimum number of trading days required. You may complete the evaluation at your own pace without a time constraint.
- •Maximum Daily Loss:4% measured from the highest equity peak of the trading day (floating losses included). Daily reset at 00:00 server time.
- •Maximum Overall Drawdown:6% hybrid trailing from peak equity — unique to this plan. See Section 3 for full details.
- •50% Best Day Rule:Unique to 1-Step — your single best profit day cannot exceed 50% of your total profit target. See Section 3 for full details.
3. Unique Qualification Rules
The maximum you can lose is a trailing dollar amount calculated from your highest balance — it increases as your equity grows but becomes fixed once it reaches the initial balance. The floor is measured from the highest equity reached that day (floating losses included) and applies at all times, including weekends.
Example ($100,000 account, 6% rule): Initial floor = $94,000. Peak equity $105,000 → floor = $98,700. Peak $106,383 → floor = $100,000 static. Closing equity $99,000 → breach.
- •Maximum Daily Drawdown:4% of your daily opening equity. Resets each trading day at 00:00 server time. Floating losses are included in the calculation.
- •Breach:Either limit breached = immediate evaluation failure with no refund. No grace period.
Your single best profit day cannot account for more than 50% of your Positive Days' Profit at the time of passing the evaluation. This is not an immediate breach — you must continue trading until the condition is met.
- •Rule:No single trading day can contribute more than 50% of your total Positive Days' Profit at the point you hit the 10% target.
- •Not a Breach:Exceeding 50% on a single day does not immediately fail your evaluation — you must simply keep trading to grow your total Positive Days' Profit until the Best Day drops to ≤50%.
- •Calculation:Profits are measured from closed trades at the end of each trading day (00:00 CE(S)T). Losing days do not count toward Positive Days' Profit.
4. Qualified Performance Phase
Performance Reward Split
- •Default:80/20 (trader/firm)
- •Scales to 85/15after 3 consecutive profitable months (minimum 4% net profit each)
- •Scales to 90/10after 6 consecutive profitable months (average monthly profit 5%, no violations)
Rewards
- •First Reward:Minimum $100 after at least 4 trading days post-qualification with one closed profitable trade (processed within 48 business hours)
- •Subsequent Rewards (incl. bi-weekly):Minimum 3 trading days since the previous reward request
- •Bi-Weekly:Standard cycle — every 14 calendar days, starting from the day you receive your Qualified Performance Account
- •On-Demand:Available only if >$200 and >2% net profit since last performance reward
- •100% Challenge Fee Refundon your first successful performance reward
Risk Limits (24/7)
- •5% Maximum Daily Loss(high-water mark)
- •10% Maximum Overall Drawdown(static)
Additional Qualified Performance Rules
- •News Trading:Full details on News Trading restrictions are in Section 6 – Restricted Trading Practices (The Tiered Breach Model applies only to Qualified Performance accounts.)
5. General Trading Rules
- Drawdown Type: Static (fixed from initial balance, no trailing). Example: $100k account cannot go below $90k at any moment.
- Tradable Instruments: Forex majors & minors, major Indices, Commodities (metals & energies), major Cryptocurrencies (subject to broker availability).
- Leverage: Fixed per asset class — FX 1:30, Metals 1:20, Indices / Commodities / Energies 1:10, Equities 1:5, Crypto 1:2.
- Weekend Holding: Strictly prohibited for Forex, Indices, and Commodities. All positions must close before 22:00 UTC Friday. Crypto allowed 24/7. Auto-close enforced.
Accounts that purchase the weekend holding addon are granted a full exemption from the weekend holding rule and may hold positions in Forex, Indices, and Commodities over the weekend without restriction or auto-close. - Friday Close Rule: No new entries, modifications or closures 21:00–22:00 UTC Friday for non-Crypto assets.
- Allowed in Evaluation: Full news trading, Expert Advisors (EAs), scripts, and custom indicators are permitted, subject to the restrictions in Section 6 – Restricted Trading Practices (no HFT, no mass-distributed/copy-trading EAs, no server hyperactivity, no arbitrage exploitation, etc.).
- Inactivity Rule: (Applies in Each Phase)
No executed trades for 30 consecutive calendar days results in automatic account termination. This rule applies in any phase of the Evaluation.
6. Restricted Trading Practices
Traders must rely on genuine market analysis and independent skills. The following practices are strictly prohibited:
(1) System Exploitation and Unfair Advantages
- Comprehensive Arbitrage: Capitalizing on pricing discrepancies, latency issues, or delayed data feeds (including latency, triangular, statistical, spatial, and rollover arbitrage).
- High-Frequency Trading (HFT): Deploying ultra-fast algorithms designed to exploit minor technological inefficiencies rather than real market movements.
- Glitch Exploitation: Knowingly or unknowingly executing trades based on platform errors, frozen price feeds, or inaccurate quotes.
- Tick Scalping & Rollover Abuse: Rapid-fire trading to profit from single-tick fluctuations or EAs programmed to exploit low-liquidity spreads during rollover periods.
- News Trading Addon: Accounts that purchase the News Trading Addon are granted full permission to engage in news trading without any restrictions, time windows, profit-removal penalties, or breach risk tied to news events.
(2) Collusion and Third-Party Management
- Account Sharing and Reselling: Allowing any third party to access, trade, or manage your account. Selling or transferring a Qualified Performance account is banned.
- Account Management Services: Utilizing "Pass Your Challenge" services or hiring third-party entities to trade on your behalf.
- Coordinated Group Trading: Collaborating with other traders to execute identical setups or opening opposing positions across accounts.
- IP and Coordination Rules: Accounts sharing IPs, hardware IDs, or entering identical positions within a tight time window will be flagged for manual review.
- Mass-Distributed EAs and Copy Trading: Commercially available or third-party EAs that result in multiple accounts executing identical trades will be flagged as copy trading / coordinated trading.
(3) Unrealistic Market Behavior and Poor Risk Management
- News Trading (Tiered Breach Model – Qualified Performance accounts only): ±2-minute restricted window around high-impact events.
- First Violation: Removal of all profits generated from the restricted window.
- Second Violation: Hard breach → immediate account termination and permanent closure.
- News Bracketing and Gap Trading: Straddling news events or opening positions within 60 minutes of market close and holding through reopen is banned.
- One-Sided Bets and Gambling: Massive unanalyzed positions or intentionally blowing an account ("account rolling").
(4) Technical Platform Abuse
- Server Hyperactivity: Bots or EAs that exceed 2,000 server requests per 24 hours.
- Order Book Spamming: Fragmenting trades into micro-lots to circumvent margin limits or stress-test the platform.
7. Breach Consequences
If our risk team determines that any of the above Restricted Trading Practices (or any other rule) has been violated, Verodus reserves the right to take immediate action, including:
- Removal of conflicting trades and profits from your history (standard for first News Trading violation)
- Temporary restrictions or limitations on your trading platform
- Immediate disqualification from the evaluation process
- Complete termination of your Qualified Performance account (standard for second News Trading violation or System Exploitation)
Profits obtained through violations may be withheld or clawed back, even after payout. Challenge fees are non-refundable once trading activity has commenced. Serious violations may result in permanent blacklist and reporting to relevant authorities.
Questions? Contact our compliance team.