2 Step Simulated TEFX Account FAQs
The 2 Step Simulated TEFX Account FAQs are the specific rules for this account type. You must still follow all rules in the General and Overall Rules!
| Rule | Answer |
|---|---|
| Minimum Trading days | 5 Trading Days |
| Minimum Days until Withdrawal | Payout Period is every 15 days from first trade. |
| Maximum Daily Drawdown | 6% of Initial Balance |
| Overall Drawdown | 12% of Initial Balance |
| Is weekend holding allowed? | Yes |
| Profit Split | 70/30 |
| Profit Cap | There is a cap of 6% of the initial Balance |
| News Trading | No trades 5 minutes before or after News |
| Trading Open | Trades cannot execute within 2 minutes of NYSE open |