What are the rules for the Assessment account?
1 Phase Account:
Profit Target – Phase 1 – 10%
- Daily drawdown – 3% (Based on previous day balance)
- Max total Drawdown – 6% Trailing (Based on High water mark)
https://fxify.fxpig.com/faqs/all-faqs/how-do-you-calculate-the-max-trailing-drawdown/
This link is important for one phase live funded withdrawals:
How do withdrawals affect drawdown on 1 and 2 phase accounts
- Min Trading Days – 5 days (For all the accounts)
- Max Trading Days – Phase 1 – Unlimited days
- Leverage – Indices 10:1, Stocks 2:1, Crypto 2:1
Forex 30:1 (50:1 with an addon)
- Refundable fee – 100% of the amount you paid.
- Performance protect – Performance protect helps you protect your profit when you breach you can still place a withdrawal
https://fxify.fxpig.com/faqs/all-faqs/performance-protect/
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2 Phase Account:
- Profit Target – Phase 1 – 10%
Phase 2 – 5%
- Daily drawdown – 4% (Based on previous day balance)
- Max total Drawdown – 10% Trailing
- Min Trading Days – 5 days (For each phase)
- Max Trading Days –
How do withdrawals affect drawdown on 1 and 2 phase accounts
Phase 1 – Unlimited days
Phase 2 – Unlimited days
- Leverage – Indices 10:1, Stocks 2:1, Crypto 2:1
Forex/Gold 30:1 (50:1 with an addon)
- Refundable fee – 100% of the amount you paid.
- Performance protect – Performance protect helps you protect your profit when you breach you can still place a withdrawal
https://fxify.fxpig.com/faqs/all-faqs/performance-protect/
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3 Phase Account:
- Profit Target – Phase 1 – 5%
Phase 2 – 5%
Phase 3 – 5%
- Daily drawdown – 5% (Based on previous day balance)
- Max total Drawdown – 5% Static (Based on initial balance)
- Min Trading Days – 5 days (For each phase)
- Max Trading Days – Phase 1 (Unlimited Days)
Phase 2 (Unlimited Days)
Phase 3 (Unlimited Days)
- Leverage – (Indices 10:1, Stocks 2:1, Crypto 2:1)
Forex/Gold 30:1 (50:1 with an addon)
- Refundable fee – 100% of the amount you paid.
- Performance protect – Performance protect helps you protect your profit when you breach you can still place a withdrawal
https://fxify.fxpig.com/faqs/all-faqs/performance-protect/
Other rules:
5 Minimum Trading days for each phase
Must place a trade once in 60 days, if not this would be considered a hard breach.