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FLASH Rules

A one-step challenge with a very wide daily drawdown limit. For those who risk more and don't want to wait.

Program Parameters

Evaluation phases
1
Profit target
8%
Funded target
No funded profit target
Profit split
90%
Daily drawdown
8% (Equity, EoD reset)
Maximum drawdown
5%
Profit buffer
8%
Daily DD reset
00:00 UTC
Drawdown type
Equity, EoD reset
Max leverage
1:30
Smart Exit level
2%
Symbols
Forex, XAUUSD

How these rules apply

General rule scope

This challenge program follows the general Propanium rules. That includes inactivity, payout buffer and prohibited activity.

Daily Drawdown

Our Daily Drawdown calculation is equity-based: every day, we take a single snapshot of your equity. During the rest of the day, we constantly measure your current equity against that snapshot.

Wide Daily Drawdown clarification

This challenge has a bigger Daily Drawdown limit than the Maximum Drawdown. However the application of these limits is the same. In the first day, the generous Daily Drawdown limit is not useful, because the maximum drawdown is stricter. However, as soon as you gain some profit in the account, a wide Daily Drawdown room is very useful.

Profitable days

The profitable days requirement only applies in the funded phase. It is up to you do decide how many days you need at the moment of the purchase. These days do not have to be consecutive, and they are required only once. The criteria for a day to be considered profitable is 0.5% more equity and balance than the day prior (UTC time).

Smart Exit

For accounts created after 18 August at 00:00 UTC, Smart Exit applies: if floating loss reaches 2%, all open trades are closed automatically. Smart Exit is not a breach, but each activation reduces the profit split by 10 percentage points, until reaching a minimum of 60%. For this reason, placing a Stop Loss is not needed.