1-Step Evaluation
1. Challenge Overview
Complete a single evaluation phase to qualify for a Qualified Performance Account. Once you achieve the Qualified Performance Phase, you trade our simulated capital and earn performance rewards at the default 80% split (90% with the On-Demand add-on).
- •10% Profit target
- •4% Daily Drawdown (equity at 00:00 UTC)
- •6% Hybrid max drawdown (trailing from peak)
- •No minimum Trading days required
2. Challenge 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 equity at server reset time (floating losses included). Daily reset at 00:00 UTC.
- •Maximum Overall Drawdown:6% hybrid max drawdown — trailing from your account equity peak (locks at your initial balance when reached). Unique to this plan; see Section 3.
- •50% Best Day Rule:50% Best Day rule — your single best profit day cannot exceed 50% of Positive Days' Profit. See Section 3 for full details.
3. Unique Qualification Rules
The maximum you can lose overall is a hybrid trailing-dollar floor: it follows your account equity peak until the trail reaches your initial balance, then it locks there. The dollar-at-risk equals 6% of your initial balance forever. Applies at all times, including weekends (floating losses included).
Example ($100,000 account, 6% hybrid max): Initial floor = $94,000. Account peak $105,000 → floor = $98,700. Peak $106,383 → floor = $100,000 (locked). Closing equity $99,000 → breach.
- •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 UTC). Profitable days are factored into Positive Days' Profit. Losing days do not count.
4. Qualified Performance Phase
Payout Frequencies & Trader Profit Share
- •Weekly (Selected Add-on): 70% to trader
- •Bi-Weekly (Default): 80% to trader
- •On-Demand (Selected Add-on): 90% to trader
- •Weekly and On-Demand are separate add-ons; they cannot both apply at once.
Rewards & Payouts
- •Minimum Reward: $100 (processed within 48 hours)
- •Eligibility: You become eligible for a reward when net profit is at least $100, your Best Day is ≤50% of Positive Days’ Profit, and you have met the selected cycle. 1-Step has no minimum trading days. See Section 3. The first payout and every payout after use this same rule.
- •Weekly (Add-on): 7 calendar days and when eligibility requirements are met.
- •Bi-Weekly (Standard): 14 calendar days and when eligibility requirements are met.
- •On-Demand (Add-on): Available when eligibility requirements are met.
- •100% Challenge Fee Refund: The original challenge fee is refunded with the first successful performance reward. Add-on fees are not refunded.
Risk Limits (24/7)
- •4% Maximum Daily Loss(equity-based, fixed at daily reset)
- •6% Maximum Overall Drawdown(hybrid — trailing from peak)
Additional Qualified Performance Rules
- •News Trading:Allowed on evaluation and Qualified Performance. You may open and close around high-impact news. See News Trading Policy.
5. General Trading Rules
- •Drawdown Type:See Section 3. Both the 6% hybrid max and 4% daily drawdown apply during Evaluation and Qualified Performance.
- •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 and Friday Liquidation:All open positions, irrespective of asset class, must be closed by 22:00 UTC Friday. Weekend holding of open positions is permitted solely upon purchase of the Weekend Holding Addon, which grants a full exemption from the Friday liquidation requirement. Auto-close is enforced server-side at the designated time. Traders may continue to open new positions in any instrument whose market is open during the weekend.
- •Friday Close Window:No new entries or modifications are permitted between 21:00 and 22:00 UTC Friday.
- •Allowed:News trading is permitted. 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.
(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: Allowed in every phase. You may open, close, or hold through high-impact news.
- 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
- Temporary restrictions or limitations on your trading platform
- Immediate disqualification from the evaluation process
- Complete termination of your Qualified Performance account (standard for 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.