Five Rules
What every trader needs to know.
Each rule is designed so a serious trader can pass without hitting a wall — but a reckless one can't farm payouts.
Daily loss limit
How much you can lose in a single 24-hour day before the account is paused.
- Instant Approved: no daily loss limit. Only the 8% overall drawdown applies.
- Lite, 1-Step, 2-Step (challenges): 5% of the starting balance per UTC day.
Max overall drawdown
Total loss measured from the account's highest equity point. Hitting this terminates the account.
- All tiers: 8% of the account's high-water mark (peak equity).
- Tracked peak-to-trough on equity — the limit trails up as the account grows, never down.
Minimum trading days
Minimum number of days you must place at least one round-trip trade before passing or requesting a payout.
- Instant Approved: none. Trade and request payouts on demand.
- Lite, 1-Step, 2-Step: 5 trading days minimum.
Profit split
How realized profit is shared between you and Approved Funded.
- 80% to the trader.
- 20% to the firm.
Payout schedule
When you can request a payout and how often after that.
- Instant Approved: on-demand. Request a payout whenever you have realized profit.
- Challenge tiers: first payout after 5 trading days.
- All tiers after the first payout: every 14 days.