Every rule below applies to all Eiger Funded accounts. Read them before you trade — what you read is what you trade.
Your equity must never fall more than 3% below the starting balance of the day. Calculated on equity, including floating P&L. Resets at 00:00 server time.
Your equity must never fall more than 5% below the account's peak equity. The limit trails upward as your account grows and never moves back down.
To request a payout you must have generated at least 10% profit on your account since activation or since your last payout.
No single trade may account for more than 50% of your total profit at the time of a payout request. Profits must come from consistent trading, not one lucky position.
Payouts can be requested every 14 days once all conditions are met:
Loss thresholds — breaching either fails the account.
| Max daily drawdown | 3% | Largest drawdown allowed within one trading day, on closed and floating positions. |
| Max overall drawdown | 5% | Total equity drawdown, trailed from the account's peak. |
| Profit target | 10% | Profit required on the account before a payout can be requested. |
| Min trading days | 7 days | Distinct active trading days required before a payout can be requested. |
| Minimum trades | Off | No minimum number of trades required. |
| Inactivity limit | 7 days | Idle this many days with no trades and the account fails. |
Per-position sizing and protective-stop rules.
| Max position size | 100 lots | Largest single position, in lots. |
| Max exposure per instrument | 100 lots | Combined open lots allowed on one symbol. |
| Max lot-size variance | 2× | A trade may not exceed this multiple of the account's baseline size. |
| Mandatory stop-loss grace | 1 min | Minutes a position may sit with no stop-loss before it breaches. |
When positions may be held or opened.
| No overnight holding — cutoff | 00:00 UTC | Positions still open past this UTC hour breach the account. |
| News trading window | 20 min | Minutes around scheduled high-impact news when trading is banned. |
| Weekend holding | Not allowed | Holding positions while FX markets are shut fails the account. |
Stops a single day — or a single trade — from carrying the whole result.
| Max profit from a single day | 40% | One day may not exceed this share of total profit at the time of a payout request. |
| Max profit from a single trade | 50% | No single trade may account for more than half of total profit at payout. |
Detected automatically from the trade history — each one breaches the account.
| No HFT — min hold time | 30 sec | A closed trade held for fewer seconds than this breaches. |
| No grid — max concurrent per symbol | 3 pos | More than this many positions open at once on one symbol breaches. |
| No martingale — max size-ups after a loss | 2× | Increasing size after a loss more than this many times in a row breaches. |
| No hedging | Enforced | Holding opposing buy and sell positions on the same symbol breaches. |
The following result in immediate account termination without refund: