TRADING RULES
We want you to succeed. Our trading rules are designed to be fair, simple, and transparent. We don't hide behind confusing jargon. If you can manage risk, you can trade with our capital.
Profit Objectives
Targets & Scaling Phases
The goal of Step 1 is to prove you are a disciplined trader. To pass to the next stage, you must reach an 8% profit on your initial account balance without breaching any of the loss limits.
Step 2 is about consistency. We want to see that your Step 1 results weren't just luck. Reach a 5% profit target, and you'll become a fully funded Braxley Nevim trader.
You did it. There are no profit targets to hit anymore. Just trade responsibly, manage your risk, and keep up to 90% of the profits you generate.
Risk Protocols
Hard Limits & Drawdown
Maximum Loss
Your account equity and balance must never drop below 90% of your initial account balance. If your starting balance is $100,000, your equity can never fall below $90,000.
Maximum Daily Loss
You are allowed a maximum daily loss of 5% of your initial account balance. This includes both closed trades and open floating losses. The limit resets every day at midnight CE(S)T.
Trading Style
What's Allowed & What Isn't
We Encourage
Strictly Forbidden
Asset Database
Tradeable Instruments
Quick Reference
Common Questions
01Do I have to trade for a minimum number of days?
02Are there any time limits to complete the challenge?
03Can I hold my positions over the weekend?
04Is news trading allowed?
05What happens if I hit the maximum daily loss?
Ready to start?