Stages and review
A single-stage framework can use one qualifying stage; a two-stage framework can add a validator stage. Each stage may have its own performance, activity, consistency and review conditions. Reaching a numerical objective does not override a disqualifying breach.
Permitted instruments, intraday activity rules and verification requirements depend on the selected program. Review the specific conditions before participating.
Risk boundaries
Daily loss limits and overall drawdown set different boundaries for hypothetical account equity. A static floor stays fixed; a trailing floor can rise after qualifying equity highs. The exact calculations and reset times vary by program.
A rule breach can end an attempt and affect any conditional reward eligibility. General explanations cannot replace the terms for a selected account.