How Trading Firm
Evaluation Works
A straightforward, rule-first evaluation designed for disciplined traders. No synthetic traps, zero trailing drawdown manipulation, and complete payout guarantees.
Phase 1: Student
Demonstrate your risk management discipline by reaching an 8% profit target while respecting daily and static maximum drawdown thresholds.
Phase 2: Practitioner
Confirm your statistical edge with a lower 5% profit target. Once met without breaches, your funded live contract is issued immediately.
Funded Trader Master
Trade institutional capital. Keep up to 90% of your profits, withdraw bi-weekly, and receive a 100% refund of your evaluation fee.
Static Drawdown Floor Explained
Why does Trading Firm enforce static drawdown? Because traditional prop firms use trailing drawdown to artificially breach profitable traders during natural market retracements.
On a $100,000 account with a 10% maximum drawdown, your breach floor is fixed permanently at $90,000.
If your account grows to $110,000, your floor STILL remains at $90,000. You have a full $20,000 cushion to navigate market volatility without worrying about synthetic failure.
On competitor firms, if your equity touches $110,000, the drawdown floor is dragged up to $100,000.
If your trade pulls back to $99,990, YOU ARE BREACHED INSTANTLY—even though your account was never below the initial starting capital! We consider this predatory and forbid it.
Permitted Trading Strategies
Start Your Evaluation Today
Select your preferred capital tier from $10,000 to $200,000 with institutional Pepperstone raw spreads.