Our Capital. Your Expertise
FOREX Funded Account Evaluation
Introduction to our Prop Firm DUKES 2
scalping Dukes rules
1
5% Daily Drawdown
You must not have a 5% drawdown based on your balance or equity on your FOREX trading account within a 24 hour period starting at 5pm EST.
2
12% Overall Drawdown
Your FOREX trading account must not go down by 12% (realized/unrealized)to the initial balance.
For Overall Drawdown:
Drawdown % = [1- (lowest equity or balance for the day) / (initial balance of the account) ] x 100
3
8% profit target phase 1
You need to reach the profit target of 8% without breaching any of the other rules within a 30-calendar day period. Your time starts when you open your first trade on your FOREX trading account.
4
5% profit target phase 2
If you successfully complete phase 1, you will need to start on phase 2, where you are required to reach a profit target of 5% without a breach of any of the other rules within a 60 calendar day period. Your time starts when you open your first trade on your FOREX trading account
5
5 trading day minimum
You must trade a minimum of 5 trading days to pass the Prop Firm evaluation. This shows us your ability to be patient and your FOREX trading habits, enabling us to profile your style and skills.
6
No trading restrictions
Trade your FOREX Prop firm account your way, your size, your time. We do not limit the way you can trade. We do recommend that you maintain consistency and focus on risk management as it is important for long term success. Be aware of all rules before starting.
DUKES 2 Program
Benefits
6 points to remember
Earn whilst you learn
Our Rapid program enables you to take your time in becoming a professional trader whilst earning along the way. Whether you are part time or full time you get rewarded for your success.
Large product range
Trade your favorite products to kick-start your career! There are over 100 instruments available to trade and earn.
Consistency and Non-consistency accounts!
You can choose which Rapid account type is best for you. Show us your skills with the consistency account or trade your own parameters with the non-consistency!
No evaluations or targets
Get started without having to take any tests. Lose the stress of having to reach a time limited target and trade at your own pace!
Low-cost entry into professional trading!
Get started at a low cost and dip your toes into what its like being a professional trader. Choose the program and fee that is right for you and upgrade as you earn!
Take your time!
You can take your time growing and not having to worry about how many calendar days remaining in your trading. Take it slow or fast, whatever works for you.
| $5,000 | $10,000 | $20,000 | $50,000 | $100,000 | $200,000 | $300,000 | |
|---|---|---|---|---|---|---|---|
| Target | Phase I – Evaluation Phase = 8% Phase II – Establishment Phase = 5% |
||||||
| Minimum Trading Days | 5 Days | ||||||
| Daily Starting Drawdown | $250 | $500 | $1,000 | $2,500 | $5,000 | $10,000 | $15,000 |
| Overall Drawdown | $600 | $1,200 | $2,400 | $6,000 | $12,000 | $24,000 | $36,000 |
| Available Leverage | 1:100 | ||||||
| Refundable Registration Fee | $49 | $84 | $139 | $299 | $499 | $979 | $1,389 |
| Monthly Fees | No Monthly Fees | ||||||