All accounts use simulated funds in a demo environment. No real capital is at risk. View our FAQ for full details.
Every rule that governs Vault Funder Challenge and simulated funded accounts — in plain English. No hidden clauses. No consistency rule. No maximum trading days.
Every phase requires real market participation — not just a single lucky trade.
Minimum Trading Days
Required in every phase — Challenge, Verification, and simulated funded. Days do not need to be consecutive.
Drawdown limits differ by challenge type. Both the daily cap and the maximum cap apply simultaneously — breaching either triggers an account breach.
1-Step Challenge
Daily
4%
Maximum
6%
Calculated On
Equity & Balance
2-Step Challenge
Daily
5%
Maximum
10%
Calculated On
Equity & Balance
| Phase Type | Daily Drawdown | Max Drawdown | Calculated On |
|---|---|---|---|
| 1-Step Challenge | 4% | 6% | Equity & Balance |
| 2-Step Challenge | 5% | 10% | Equity & Balance |
Drawdown is calculated on both realized balance and floating equity. Breaching either the daily or maximum limit at any point triggers an immediate account breach.
Vault Funder supports a wide range of trading strategies. A small number of practices that undermine fair evaluation are prohibited.
A single leverage cap applies across all instruments and all phases of your account.
1:100
All instruments. All phases. No exceptions.
Profit targets scale with challenge type. The 1-Step route is faster — the 2-Step route gives you more room to build consistency before simulated funding.
Single phase
1-Step Challenge
10%
Pass with one profit target, no verification phase required.
Evaluation
2-Step · Phase 1
10%
First phase of the two-step challenge. Demonstrate your edge.
Verification
2-Step · Phase 2
5%
Second phase confirming consistency before simulated funding.
News trading restrictions apply only once you reach a simulated funded account. During evaluation phases you trade freely.
Challenge Phase
Fully Permitted
News trading is fully permitted during Challenge and Verification phases. No restrictions on high-impact news events.
Funded Phase
Restricted
No new positions may be opened within 3 minutes before or after scheduled high-impact news releases. Existing positions may remain open.
Once funded, stricter risk parameters protect both your account and the programme's long-term integrity. These rules apply from day one of your simulated funded account.
Maintain a consistent risk profile across all trades.
Maximum 2% risk per individual trade.
Maximum 2% total exposure per instrument at any time.
A stop loss is required on every open position.
Breach Escalation
First breach — written warning issued.
Second breach — account termination.
You know the rules. Now pick your challenge and start your evaluation.