2 Step Promo 100k
Updated
The 2 Step Promo 100k is a $100,000 2-Step Challenge for $99. You pass two evaluation steps, then trade a simulated funded account and request payouts under the rules below.
Price: $99. Discount codes can't be used on this challenge.
Account size: $100,000.
| Model Overview | Step 1 (Evaluation) | Step 2 (Evaluation) | Step 3 (Funded) |
|---|---|---|---|
| Profit Target | 10% | 5% | None |
| Daily Drawdown | 3% | 3% | 3% |
| Max Overall Loss | 8% (Static) | 8% (Static) | 8% (Static) |
| Minimum Profitable Days | 3 Days | 3 Days | 4 Days (per payout) |
| Floating Loss Limit | No | No | 2% (all open trades combined) |
| Consistency Rule | No | No | Yes, 40% |
| Best Trade vs Worst Trade | No | No | Yes |
| Max Daily Profit | No Limit | No Limit | $3,000 |
| Payout Cap | N/A | N/A | $2,000 per payout |
| Profit Split | N/A | N/A | 80% |
Step 1 (Evaluation)
To pass Step 1, you must:
- Achieve a 10% profit target.
- Complete at least 3 profitable days.
- Follow all trading rules and loss limits.
After passing Step 1, you automatically move to Step 2.
Step 2 (Evaluation)
To pass Step 2, you must:
- Achieve a 5% profit target.
- Complete at least 3 profitable days.
- Follow all trading rules and loss limits.
After passing Step 2, your evaluation is reviewed. If it is approved, you become a Funded GOAT Trader (Simulated Funded Account).
Step 3 (Funded)
Once funded, you must:
- Follow all trading rules and loss limits, including the 2% floating loss limit.
- Complete at least 4 profitable days before each payout. The count resets after each payout.
- Meet the 40% consistency rule in each payout period.
- Have a largest winning trade at least as big as your largest losing trade.
What Is A Minimum Profitable Day?
- A minimum profitable day is a day on which you close at least one position and your profit for that day is at least 0.5% of the initial account balance ($500), net of fees and commissions.
- A trading day runs from 5:00 PM EST to 5:00 PM EST. A position closed after 5:00 PM EST counts toward the next day (What Time Does A Trading Day Start?).
Account Violations (Hard Breach)
Breaking either of these limits closes the account immediately.
1. Daily Drawdown Limit 3%
How is it calculated?
- At 5:00 PM EST, we check the higher value of your Account Balance and Account Equity.
- We subtract 3% of that value to set your Daily Drawdown Threshold for the next trading day.
2. Maximum Loss Limit 8% (Static)
This is your absolute floor. Your account equity or balance must never drop below 92% of your initial account balance. The floor is fixed and does not move up as your profit grows.
How is it calculated?
- Maximum Loss = Initial Account Size - 8%
Floating Loss Limit 2% (Funded Only)
In the Funded stage, the combined floating (unrealized) loss of all your open positions must not reach 2% of your initial account balance.
The limit is a fixed amount for the life of the account: $2,000. It stays $2,000 even if your balance grows.
What happens if I reach it?
The first time your open positions reach the limit, you receive an email. Your positions stay open, the account stays active and you can keep trading, but your profit split is reduced to 50%.
The second time, the account is breached and permanently closed.
When does it count as a second time?
When the limit is reached, we record the group of positions open at that moment. While that same group stays open, its loss moving around or below the limit does not count again.
If you close one of those positions or open a new one, the group changes. If the new group reaches the 2% limit, that is the second time and the account is closed.
Consistency Rule 40% (Funded Only)
What is the consistency rule?
- No single trading day can account for more than 40% of your total profit in a payout period. A best day of exactly 40% is eligible.
- The rule does not apply to Step 1 or Step 2.
What happens if I go over 40%?
- Your account is not closed. You can't request a payout until your best day is back at 40% or less of your total profit.
- Keep trading. As your total profit grows, your best day becomes a smaller share of it.
Best Trade vs Worst Trade (Funded Only)
Before you can request a payout, your largest winning trade must be at least as big as your largest losing trade.
Every closed trade counts on its own. If you close a position in parts, each part is a separate trade. Each trade's result includes commission and swap.
Until your first payout, the check covers every trade on your funded account. Each payout resets it, and from then on it only looks at trades closed after your last payout.
This is not a breach and does not affect your account. If you haven't met it yet, keep trading until you do.
Rewards & Profit Split
Once you are a Funded GOAT Trader, the following rules apply:
Profit Split: 80% (you keep 80% of your profit).
Payout Cycle: Bi-weekly (every 14 days).
Daily Profit Cap: A funded account can make a maximum of $3,000 profit per trading day. Profit above $3,000 is deducted from the account. This is not a breach.
Payout Cap: You can withdraw a maximum of $2,000 per payout. Any profit above this is deducted from the account balance. The cap applies to each payout, not to the total you can withdraw from the account.
Trading
Leverage Settings
Leverage is the same as on our other challenges. Forex is 1:100 in Step 1 and Step 2, and 1:50 once you are funded. For other instruments, see What is the account leverage?.
Other Rules That Apply
The general trading and payout rules also apply to this challenge:
- What are Prohibited Trading Practices?
- Is News Trading allowed?
- What is the minimum holding time for trades?
- Copy trading and signals
- Can I hold trades over the weekend?
- Is there any inactivity limit?
- How payouts work: eligibility, request, processing and arrival
- Identity verification (KYC) - what to expect
Additional Details
- All calculations include closed trade profits/losses, floating positions, swap fees, and commissions.
- Please monitor our website or Discord for announcements regarding trading parameters, updates, or system changes.