If you’re an aspiring trader looking to make a profit, Evolution plan is the perfect opportunity for you. With Evolution, you’ll have a 60-day window to pass our single stage real account probation, during which you’ll need to achieve a profit target of 8% to keep your account without having to pay any monthly fees.
It’s important to note that you won’t be able to withdraw this probation profit. However, after passing probation, you’ll be paid on a 60% profit share basis. There are certain parameters you’ll need to follow in order to pass probation and receive your payout. Evolution accounts have a maximum drawdown of 8%, positional drawdown of 2%, and daily drawdown of 4%. As a trader, it’s essential that you adhere strictly to these guidelines.
When you first start an Evolution probation account, you’ll begin with a deficit of -8%. Your goal is to grow the starting balance on probation to the watermark balance indicated to gain promotion. Once you’ve passed probation and your balance is 5% up from the watermark balance, you’ll be able to request a withdrawal.
To keep your funded account without paying subscription fees, you simply need to grow the starting balance to the watermark balance within 60 days. However, it’s important to note that minor rule breaches for promoted traders will be penalized by deductions from balances above watershed.