THE DOSSIER — ACCOUNT DEEP-DIVE
FundedElite $200K 2-Step + Free Retry Account Rules
Exact dollar thresholds, breach math, and verified sources for this tier.
All-In Cost to First Payout
Sticker price vs real cost — All-In Quantitative Fee Model
If you pass first try
→ $0 net after refund on 1st payout
Assumes pass on first attempt. Add 1–2 resets for realistic avg (FPFX: only 7% get payout).
Realistic (1 reset avg)
→ $1,040 net after refund
Assumes 1 reset(s). Data fees vary by platform. FPFX base rate: ~7% ever get payout — budget for resets.
Methodology: challenge + resets + activation + data + add-ons − documented refund. Futures add $38/mo data + $149 activation where applicable. We never hide reset cost behind “bonus” language.
RISK ANALYSIS
How Can I Fail This Account?
Before spending capital on this evaluation, these are the exact mathematical and operational tripwires that disqualify traders on this specific model.
Daily Loss at 00:00 Rollover
Daily loss is calculated against your day-starting balance/equity. Holding floating drawdown into the 00:00 server reset can breach on spread widening alone.
30-Day Inactivity Forfeiture
30 consecutive days without a trade = automatic lock and revoked credentials. Many pass the evaluation and pause before the next step, losing all progress.
Withdrawal Gates Bite After Passing
14 calendar days after first simulated trade on funded account
Banned Patterns Pass Silently, Fail at Payout
Grid, martingale, all-in sizing, copied signals, and cross-account hedging often trigger no dashboard warning during evaluation — the review lands when you request real money.
COMPLETE RULEBOOK
Every Rule on This Account
Daily drawdown, max drawdown, targets, trading days, payouts, news, holding, automation, inactivity — each rule translated to this 200,000 account's exact dollar numbers.
Daily Loss Limit: 5% ($10,000/day)
Your daily allowance is fixed off the starting balance and counts open + closed P&L. It resets at 0:00 server time. Intraday profits temporarily widen the buffer, but the base never changes — lose the full allowance in 24 hours and the account is terminated on the spot.
Maximum Loss: 10% (floor starts at $180,000)
Static: the floor is set once from your starting balance and never moves — profits never drag it up behind you. Across the whole lifetime of the account, equity can never print below the current floor.
Profit Target: 8% ($16,000) → 5% ($10,000)
Bank $16,000 to clear phase 1, then $10,000 more in phase 2. Targets are measured on closed-trade profit from the starting balance — open floating P&L does not pass you.
Minimum Trading Days: 3
You must trade on at least 3 separate days before the phase counts as passed — even if you hit the profit target on day one. A trading day counts when you place at least one trade that closes with non-zero P&L.
Payouts: Every 14 days · 80% split
14 calendar days after first simulated trade on funded account. Your share of every approved withdrawal is 80%, up to 95% with the scale-up/add-on.
News Trading: Allowed
Allowed.
Weekend + Overnight Holding: Allowed
Positions may stay open overnight and over the weekend at every stage. Swap charges still apply — and swap counts against your daily and maximum loss limits, with triple-swap days on some instruments.
Expert Advisors / Bots: Allowed
Automation is permitted — but verify whether your firm requires a paid add-on, platform restriction (MT4/MT5 only at some firms), or bot registration before the first automated trade. Unauthorized automation is a standalone violation.
Copy Trading & Hedging Boundaries
Copy trading involving a funded account (either direction), third-party signals, and for-hire account management are prohibited. Hedging inside this single account is fine; mirrored positions across accounts or external brokers are banned.
Inactivity: 30 Days
Place at least one trade every 30 consecutive days or the account is automatically deactivated — no warning email, no extension. This kills more passed evaluations than any market move: traders pass, take a break, and return to revoked credentials.
Consistency Rule Active
No consistency rule
Markets, Leverage & Platforms
Trade Forex · Indices · Metals · Crypto. Leverage: 1:100. Platforms: MetaTrader 5, cTrader, Match-Trader.
SIMULATOR
Interactive Drawdown Simulator
Pre-configured for 200,000 • 5% daily, 10% max — adjust equity to test breach.
Account size
Live calculations
Daily floor
$190,000
Buffer $10,000
Max floor
$180,000
Buffer $20,000
Account is currently SAFE. You have $10,000 (5%) of buffer remaining above your nearest loss floor.
SIGNATURE VISUAL
Same trade, different fate — see why
This +1.8% win (+$3,600) followed by a -0.5% loss with an intraday dip is replayed against each program's real drawdown math.
Same Trade → Different Program → Different Outcome
One trade history, replayed against each program's real rules
Day 1 Win (+1.8%)
+$3,600
Day 2 Loss (-0.5%)
$-1,000
low $193,000
Day 3 Overnight (+0.3%)
+$600
low $198,000
FundedElite 2-Step + Free Retry
Daily drawdown breach on Day 2 Loss (-0.5%)
5% daily • 10% max • static
$200,000 • final $205,200
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $193,200 ≤ daily floor $196,840 (5%)
FundedElite Lite 1-Step Challenge
Daily drawdown breach on Day 2 Loss (-0.5%)
4% daily • 6% max • trailing locked
$10,000 • final $10,260
- • Trade 2 (Day 2 Loss (-0.5%)): equity low $9,660 ≤ daily floor $9,946 (4%)
This is the moat: traders finally understand “the problem is not your trade, it is how the program's rules interpret the trade.” Math is exact — equity vs balance, EOD vs intraday included.
THE RULES · 11 APPLY TO THIS 2-STEP + FREE RETRY
Explain the Rules
Exact formulas, plain translations, and verified source citations — filtered to 11 of 11 firm rules that govern this program.
ACCOUNT FAQ
Frequently Asked Questions: FundedElite $200K 2-Step + Free Retry Rules
What are the FundedElite $200K 2-Step + Free Retry account rules?
The FundedElite $200K 2-Step + Free Retry ($200,000 nominal capital) enforces a 5% daily loss limit, a 10% static maximum drawdown, a 8% Phase 1 profit target and 5% Phase 2 target, and 3 minimum trading days.
How is drawdown calculated on the FundedElite $200K 2-Step + Free Retry account?
Daily drawdown is 5% ($10,000) calculated via balance based. Maximum total loss is 10% ($20,000) enforced as static from the $200,000 starting balance.
What is the profit split and minimum trading days for FundedElite $200K 2-Step + Free Retry?
Traders receive a 80% base profit split (up to 95% with add-on) paid on a every 14 days cycle, with 3 minimum trading days required per evaluation phase.