Trading rules

Short, fair, enforced by software

Every rule below is enforced by the same risk engine that runs your dashboard — in real time, on every tick. No human discretion, no surprises.

Drawdown (10% locking equity trail). Your account breaches if equity (balance plus open trades) falls below your drawdown floor. The floor is 10% of your starting balance below your highest equity: it starts at 90% of your starting balance, rises as equity makes new highs, and locks permanently at your starting balance once equity reaches +10%. Example on a ₦1,000,000 account: the floor starts at ₦900,000 (₦100,000 below starting balance); once equity reaches ₦1,100,000 (+10%), the floor locks permanently at ₦1,000,000. Open losing trades count, so size your lots. Your current floor is always shown on the dashboard.
No daily loss limit. Your only drawdown limit is the 10% equity floor. Single-day swings never breach an account unless equity reaches that floor.
Targets: 10% in Phase 1, 8% in Phase 2. Funded accounts have no evaluation target; you can claim a payout as soon as closed profit reaches 10% of account size (and all four payout gates are met).
Qualifying trading day (3 days per evaluation phase). A day qualifies when your net closed profit for that calendar day (time zone: WAT / Africa/Lagos) is at least 0.5% of the account size (₦5,000 on a ₦1M account). Lot size and number of trades don't matter.
No time limit. Take a week or take a year. Your evaluation never expires while you follow the rules.
No news rules. No weekend rules. No overnight rules. Synthetic indices run 24/7 with no economic calendar, so you can hold trades whenever you want.
Minimum hold time: 2 minutes (three-strike rule). Closing a trade less than 120 seconds after opening it counts as one strike, whatever the profit or loss. Three strikes in a phase breach the account. A trade held for 2:00 or longer does not count. Your terminal shows a live hold timer and strikes left. Toxic System Abuse is a staff-review flag, not an automatic breach.
No external copy-trading, account sharing, or latency exploitation. One person per account. Our inbuilt Copy Trader is the only permitted way to mirror trades between your own Pips For Bills accounts, and each account checks its own lot and risk limits independently.
Leverage up to 1:100 on every synthetic index, with real Deriv prices and contract sizes. Free practice accounts have no rules.
Maximum lot size. Each instrument has a maximum total lot size, scaled to your account (for ₦1M on Boom 300 it's 0.8 lots; ₦2M is 1.6 lots; ₦5M is 4 lots, up to ₦25M). You can split it across up to 5 open trades, but the total can't exceed the maximum.

Why are the rules this simple?

We fund traders who can manage drawdown and stay profitable on synthetic indices. A 10% locking floor, 10% then 8% targets, and 3 qualifying days at 0.5% per day is the entire evaluation.

Breach and retry

Your account closes the moment equity reaches the floor. The tick, price and time are shown on your dashboard. Phase 1 and Phase 2 accounts (Evaluation and Giveaway) can be reset for a fee. Funded Pay From Profit accounts can also be reset once if breached in the first payout cycle before any payout is claimed. Funded 2-Step accounts and funded accounts after their first payout cannot be reset.

Instruments & lot limits

Allowed assets and lot limits

Every instrument you can trade, with the largest position size allowed for your account. Pick your account size to see your limits.

AssetInstrumentMax lot / tradeMax total exposureMax open trades
V10Volatility 10 Index555
V25Volatility 25 Index555
V50Volatility 50 Index50505
V75Volatility 75 Index0.10.15
V100Volatility 100 Index2.52.55
V10-1SVolatility 10 (1s) Index1.51.55
V15-1SVolatility 15 (1s) Index115
V25-1SVolatility 25 (1s) Index0.0260.0265
V50-1SVolatility 50 (1s) Index0.0260.0265
V75-1SVolatility 75 (1s) Index0.450.455
V90-1SVolatility 90 (1s) Index0.250.255
V100-1SVolatility 100 (1s) Index225
BOOM50Boom 50 Index115
BOOM150Boom 150 Index1.661.6610
BOOM300Boom 300 Index1.61.65
BOOM500Boom 500 Index1.61.65
BOOM600Boom 600 Index1.21.25
BOOM900Boom 900 Index115
BOOM1000Boom 1000 Index0.40.45
CRASH50Crash 50 Index115
CRASH150Crash 150 Index1.61.610
CRASH300Crash 300 Index115
CRASH500Crash 500 Index115
CRASH600Crash 600 Index0.40.45
CRASH900Crash 900 Index0.40.45
CRASH1000Crash 1000 Index115
JUMP10Jump 10 Index0.10.15
JUMP25Jump 25 Index0.060.065
JUMP50Jump 50 Index0.10.15
JUMP75Jump 75 Index0.10.15
JUMP100Jump 100 Index115
STEPStep Index0.360.365
STEP200Step 200 Index0.20.25
STEP300Step 300 Index0.20.25
STEP400Step 400 Index0.20.25
STEP500Step 500 Index0.20.25
RANGE100Range Break 100 Index0.280.285
RANGE200Range Break 200 Index0.20.25

Max total exposure is the combined lot size across all open trades on that asset. You can split it across up to the number of open trades shown. Limits are set by Pips For Bills and may change; the table always shows the current values.

How to read it

On a ₦2M account, Boom 300 allows 1.6 lots in total. You can open one trade of 1.6, or split it, for example three trades of about 0.53. Opening 1.6 five times is blocked.
Resets

Which accounts can be reset

AccountCan reset?WhenPrice
Phase 1 (Evaluation & Giveaway)Yes (1 per account)If breached in Phase 1Phase 1 reset price (see table below)
Phase 2 (Evaluation & Giveaway)YesIf breached in Phase 2Phase 2 reset price (see table below)
Funded, Pay From ProfitYes (1 per account)Only in the first payout cycle, before your first payoutFirst funded cycle reset price (see table below)
Funded, after first payoutNoFrom the second payout cycle onward—
Funded, 2-StepNoAt any point once funded—
Reset fee by size

Challenge and reset prices

SizePFP Challenge2-Step ChallengePhase 1 ResetPhase 2 ResetFirst Funded Cycle Reset (PFP)
₦1M₦7,000₦9,500₦8,075₦16,150₦14,700
₦2M₦13,000₦18,000₦15,300₦30,600₦27,300
₦5M₦32,000₦46,500₦39,525₦79,050₦67,200
₦10M₦64,500₦94,000₦79,900₦159,800₦135,450
₦20M₦125,000₦180,000₦153,000₦306,000₦262,500
₦25M₦160,000₦235,000₦199,750₦399,500₦336,000
What a reset does
BalanceBack to starting size
Drawdown floorBack to 90% of start
Trading-day countBack to 0
Payout cycleStarts fresh
5% first-payout deduction (Pay From Profit)Still applies once on your first payout

Payouts

Four-item eligibility checklist (applies on every payout):

  • 10% closed profit of account size (claim as soon as you reach 10% — profit above 10% is forfeited)
  • 7 calendar days completed in the current payout cycle
  • 3 qualifying days in that cycle with at least 0.5% net closed profit each (WAT)
  • No open trades at the time you claim

Split and cap. Your profit, up to 10% of account size, is split 70% to you and we keep 30%. On a Pay From Profit account, 5% of the account size is deducted from the 10% cap on your first payout only before your 70% split is applied; later payouts have no deduction.

Claim vs. Withdraw. Claim moves your share to your Rewards balance, resets your funded account to its starting balance, and begins a fresh 7-day cycle on the same login. Withdraw sends your Rewards balance to your Nigerian bank, USDT (BEP20) or Deriv USD.

Giveaway accounts. Giveaway accounts are free accounts won in promotions. Each can be claimed once into your Rewards balance.

Multiple accounts & Copy Trader

Funding cap & copier. You can hold up to ₦100,000,000 in active funded accounts and link 1 Master account to up to 6 Slave accounts in the inbuilt Copy Trader. Each account keeps its own balance, lot limit, drawdown floor, payout cycle and 10% cap independently. Extra evaluation passes above ₦100,000,000 wait on your dashboard and switch on in one tap when room opens (see Funding cap & waiting list below).

Audit trail. Every breach records the exact triggering tick, price and time on your dashboard.

Free practice. Every trader gets a free practice account with no rules to learn the terminal before starting a challenge.

10% equity floor that locks

Your floor starts at 90% of starting balance, rises with new equity highs, and locks permanently once it reaches your starting balance.

No daily loss limit

There is no daily drawdown limit to break. Your only drawdown rule is the 10% equity floor.

3 qualifying days

Each evaluation phase requires 3 days with at least 0.5% net closed profit per day (WAT).

One login per phase

Phase 1, Phase 2 and Funded are separate logins issued automatically as you pass. After each payout claim, your funded account resets and continues on the same login.

Funding cap & waiting list

Funding cap and waiting list

You can hold up to ₦100,000,000 of active funded accounts (live platform cap). Extra passes wait on your dashboard and switch on in one tap when room opens — your pass stands, with no re-sit and no fee.

ExampleFunded capital cap
₦100,000,000 active of ₦100,000,000 · 1 × ₦25,000,000 waiting
■ Active funded (4 × ₦25M)▨ Waiting list — passed, ready to activate when room opens

Issued in your name

A waiting account is a real funded login in your portal, not a voucher. It stays paused (cannot trade or claim payouts) until you switch it on.

One-tap activation

Waiting accounts appear in the Funded capital panel of your dashboard. As soon as an active account closes or leaves room under ₦100,000,000, the Activate button lights up.

No re-sit, ever

The evaluation pass that earned the account never expires. When room opens, it starts at the full balance with no repeat evaluation and no fee.

FAQ

Frequently asked questions

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