FAQVerodus Plans › 2-Step Lite

2-Step Lite Evaluation

Last updated: March 2026

Important Simulation DisclaimerAll trading is conducted in a fully simulated trading environment using simulated capital only. Any references to "profits", "rewards", or "performance reward split" refer exclusively to simulated performance results. All payouts are performance rewards paid by Verodus from its own resources based on simulated trading performance — no real market capital is provided, traded, or allocated at any stage.

Two-phase evaluation with an 8% Phase I and 5% Phase II profit target. A balanced 2-Step option with standard risk controls. These rules are binding and form part of the Challenge Agreement.

% Percentages

1. Challenge Overview

Phase I
Challenge
Profit Target
8%
Min Trading Days
5 Days
Max Drawdown
8%
Daily Drawdown
4%
Leverage: 1:100 Trading Period: Unlimited
Phase II
Verification
Profit Target
5%
Min Trading Days
5 Days
Max Drawdown
8%
Daily Drawdown
4%
Leverage: 1:100 Trading Period: Unlimited

Complete two evaluation phases 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.

  • 8%  Phase 1 Target
  • 5%  Phase 2 Target
  • 5 Days  Minimum per phase

2. Phase 1 – Challenge

  • Profit Target:8% net closed-trade profit only (after all commissions, swaps, spreads, and platform fees). Unrealized P&L does not count. Calculated on the initial account balance and must be reached before advancing.
  • Minimum Trading Days:5 — A trading day counts only when at least one trade is both opened and closed on that calendar day (UTC 00:00–23:59). The trade that spreads over more than one day will only qualify as one trading day. Days may be consecutive or non-consecutive.
  • Maximum Daily Loss:4% — Measured from the highest equity peak of the trading day (floating losses included). Daily reset at 00:00 UTC.
  • Maximum Overall Drawdown:8% static (fixed from initial balance) — Equity or balance may never drop below 92% of the starting balance at any time.

3. Phase 2 – Verification

  • Profit Target:5% net closed-trade profit only (same calculation as Phase 1). Must be achieved after successful completion of Phase 1.
  • Minimum Trading Days:5 — A trading day counts only when at least one trade is both opened and closed on that calendar day (UTC 00:00–23:59). The trade that spreads over more than one day will only qualify as one trading day. Days may be consecutive or non-consecutive.
  • Risk Limits:Identical to Phase 1: 4% Maximum Daily Loss + 8% static Overall Drawdown.

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

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 1:100, Metals 1:50, Indices / Commodities / Energies 1:20, Equities 1:10, Crypto 1:3.
  • 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

Important disclaimer information

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.