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What Are the Trading Rules?
What Are the Trading Rules?

What Are the Trading Rules?

Updated over 4 months ago

For both the GFN Evaluation and GFN Simulated Funded Accounts the following rules apply:

HARD BREACH rules which would disqualify your account:

Daily Loss Limit: 5%*

Max Drawdown: 8% (or 10% with add on)*


* See the explanation of these 2 rules in the next 2 FAQs titled “How Do You Calculate Daily Loss Limit?” and “How Do You Calculate Max Drawdown?”

Soft breach rule, which will close positions and you can continue trading:


A Stop-loss is required for each trade, at the time the trade is executed, unless the No Stop-Loss add-on purchased no longer requires this action.


However this is only considered a soft breach, which means, even though you violated the rule, you can continue on trading, and should you reach your Evaluation phase virtual profit target (without violating daily loss or max fixed drawdown limits), you would be upgraded to a simulated funded account.

*PLEASE NOTE: All accounts are subject to the rules regarding daily loss limits and max drawdowns that were in effect at the time of purchase. Any changes to those rules made after the time of purchase will not apply retroactively.

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