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Evaluation Rules

Version 1.2Effective Details
Applies to
$25k, $50k and $100k FPT Scale evaluation accounts
Status
Current version, incorporated into the FPT Scale Program Agreement

The version in force when you purchased is the one recorded against your order, and it is the one that governs your account.


At a Glance

  • Reach your profit target, and record five qualifying days.
  • Keep your largest day at 40% or less, and your floor intact.
  • No time limit — an evaluation never expires.
On this page9 sections

Your Numbers by Account Size

Rule$25k Scale$50k Scale$100k Scale
Starting balance$25,000$50,000$100,000
Profit target$1,250$3,000$6,000
Maximum loss$1,000$2,000$3,000
Drawdown floor at the start$24,000$48,000$97,000
Drawdown floor locks at$25,100$50,100$100,100
Daily loss limitNoneNoneNone
Qualifying profitable days required555
Qualifying day minimum$100$150$200
Consistency40%40%40%
Evaluation max open size$1,000$2,000$3,000
Market-volume cap5%5%5%

Every balance, order, position and fill in an evaluation account is simulated. What is real is the payout you may earn once the account is funded. See Are FPT Accounts Simulated?.

The Profit Target

A net figure measured against your starting balance — on the $50k, a balance of $53,000. Reaching it does not by itself pass the evaluation; the qualifying days and consistency have to be satisfied at the same moment. There is no penalty for finishing above the target, and a larger total lowers the percentage that any single day represents.

Five Qualifying Days, Largest Day Under 40%

Five separate FPT Trading Days, each with net profit at or above your account's qualifying amount, and a largest profitable day no greater than 40% of your net evaluation profit.

Days need not be consecutive, one day counts once, and a positive day below the amount does not count and is not a breach. Exceeding 40% is not a breach either; it means you are not yet eligible to pass, and further profitable days are the ordinary fix. Only a reset or a breach clears the day count.

Worked example, $50k: days of $180, $40, −$220, $150 and $900 give you three qualifying days. For the complete rule, see Consistency and Qualifying Days.

The Drawdown Floor

Maximum loss is enforced as an end-of-day trailing drawdown floor with intraday enforcement. The floor starts one maximum loss below your starting balance, moves up only at the close of each FPT Trading Day, never moves down, and locks permanently at your starting balance plus $100.

Intraday gains do not raise the floor, and intraday losses can still breach the floor already active: on a $50k account whose active floor is $48,600, a dip to $48,600 at 11 AM ends the evaluation, even if the day would have closed at $51,400.

There is no daily loss limit at any size, so your whole loss budget is available in a single afternoon. For how the floor moves, see Maximum Loss and Trailing Drawdown.

Position Limits

Your total open exposure may not exceed your evaluation max open size, and any one market is capped at 5% of that market's trailing 24-hour volume — so what you can open in a market is the lower of what your account has left and what that market's 5% limit has left. Everything you already have open in that market counts against it, so splitting an order does not buy you more room. Orders above either limit are blocked rather than accepted and penalised afterwards. On every size the evaluation max open size equals the maximum loss, so a full-size position going to zero takes the account exactly to its starting floor. See Max Open Size and Market Limits.

There Is No Time Limit

There is no minimum or maximum number of calendar days and no penalty for a slow evaluation; the only day-count requirement is the five qualifying days. A monthly Founder plan keeps billing while the evaluation runs — a billing matter, not a deadline.

What Ends an Evaluation Early

Only two things: reaching the drawdown floor, and a conduct breach. Missing an objective is neither.

Market-state restrictions, and the restriction on opening or increasing a position in the final 30 seconds before a stated market close, are in Market and Position Rules. Conduct is in Prohibited Trading Conduct, and what follows a breach is in Breaches and Rule Reviews.

When You Pass

The account moves to Passed / Pending Funded Review. FPT reviews the run and verifies your identity before the funded account is activated. Once funded, the split is 90% to you and 10% to FPT, a payout cycle needs five qualifying days and the same 40% test, and your max open size starts lower than it was in evaluation and rises through approved payouts. See Funded Account Rules.

The FPT Trading Day

A calendar day in the America/New_York timezone, 12:00:00 AM to 11:59:59 PM Eastern Time, adjusted for daylight saving. Your daily profit, qualifying days, consistency statistics and the end-of-day drawdown snapshot all use it. Two days a year contain 23 and 25 hours, and no futures or equities session boundary applies.

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