Challenges & rules

Everything you need to know, with worked examples.

Pick a challenge to see its objectives and worked scenarios, then read every trading rule — all generated from the same configuration the engine enforces.

Instant Funded

A funded account from the first trade, with an initial 80% reward split scaling to 90%.

$5K – $50K
NoneReward target
4%Max daily loss
8%Max total loss
5Min trading days
up to 90%Reward split

Full objectives

ObjectiveFunded
Virtual balance$5K – $50K
Reward targetNone (unlimited)
Max daily loss4%
Max total loss8%
Max risk per tradeN/A
Min trading days5 days
Trading periodUnlimited
Stability rule30%
Leverage (crypto)1:2
Reward split75% → 90%

Worked examples

Every scenario assumes a $100,000 account.

01

Reward target

None — you can trade a funded account indefinitely. Rewards are split 75%–90% in your favour; there is no minimum profit to "complete" the challenge.

02

Max daily loss (4%)

You start the day at $100,000. If equity falls to $96,000 (−$4,000) in a single day, trading is disabled for the rest of the day. Positions are closed automatically.

03

Max total loss (8%)

If equity drops to $92,000 at any point during the account's life, the account fails ($8,000 ≈ 8% from $100,000).

04

Min trading days (5)

A payout needs at least 5 distinct trading days on the funded account. A day counts only when your balance moves at least 0.25% from the 2 AM UTC start (above $100,250 or below $99,750 at the next snapshot).

05

Stability rule (30%)

No single profitable day and no single profitable trade may exceed 30% of your total accumulated rewards. Over $5,000 of rewards, one $1,500 day is exactly at the cap; a $1,700 day or trade breaches it. Checked only at payout — keep trading to dilute the ratio.

06

Leverage

Caps by asset class: crypto 1:2. On $100,000 at 1:2, that bounds the notional you can carry per position.

Trading rules

What's allowed, restricted, and what fails an account.

Allowed

3 rules

News trading

allowed

Allowed during evaluation. On funded accounts, rewards from trades opened or closed within 3 minutes of high-impact news do not count unless the position was opened at least 5 hours before the event.

Show examples (1)
  • Scalping the CPI print on a funded account → that trade's reward is excluded, but the account is fine.

Expert Advisors (EAs)

allowed

EAs for trade and risk management are allowed. Bots built to farm evaluations, and copy-trading services, are not.

Show examples (1)
  • A trailing-stop EA is fine; a 'challenge-passing' bot is not.

Hedging (same account)

allowed

Reversing a position in a single order is allowed here — a legitimate tactic for active traders. Opposite positions across multiple accounts remain prohibited.

Show examples (1)
  • Flipping BTCUSDT from long to short in one order → allowed on a funded account.

Restricted

5 rules

High-frequency trading — two-strike rule

restricted

More than 3 filled orders in the same direction on the same asset within any 3-minute window is classed as HFT. The first violation is a warning that flags the account; a second fails it.

Show examples (2)
  • 5 BTCUSDT buys in 90 seconds → HFT flag and a warning email.
  • A second such burst any time later → the account is failed, no appeal.

Sub-1-minute trades — payout block

restricted

Payouts are blocked when more than 15% of your trades close in under a minute, or more than 15% of your profit comes from sub-1-minute trades. The account stays active — trade more to bring the ratio back down.

Show examples (2)
  • 22% of your closed trades lasted under a minute → payout blocked until it drops below 15%.
  • Only 8% of trades but 30% of profit from sub-minute scalps → also blocked.

Max risk per trade — 3% rule (funded)

restricted

In the funded stage you cannot risk 3% or more of your capital in one trade. Unrealized losses count, and trades on the same pair within one trading day (2 AM–2 AM UTC) are grouped — winners on that pair do not offset the losers.

Show examples (2)
  • An open EUR/USD position with a $3,500 unrealized loss on $100k breaches the rule before you even close.
  • Two GBP/USD trades the same day losing $1,500 and $1,800 = $3,300 → breach, even if a third GBP/USD trade won.

Copy trading

restricted

Third-party copy-trading services, or having someone else manage your account, are not allowed.

Show examples (1)
  • Mirroring another account's fills via a copier → the account is failed.

Payout schedule

restricted

Payout requests are submitted in the weekly payout window and settle on-chain, typically within a couple of hours. Requests outside the window are not accepted.

Show examples (1)
  • A request made mid-week waits for the next window to open.

Prohibited

4 rules

Hedging across accounts

prohibited

Opposite positions on the same instrument across multiple accounts or firms are strictly prohibited and result in termination.

Show examples (1)
  • Long BTCUSDT here and short BTCUSDT on another account → both terminated.

Latency arbitrage & feed exploitation

prohibited

Exploiting platform delays or price-feed lag is prohibited and results in immediate termination.

Show examples (1)
  • Systematically picking off stale quotes → termination.

Tick scalping

prohibited

Sustained tick-scalping — opening and closing purely to capture sub-pip moves — is not allowed.

Show examples (1)
  • Hundreds of one-tick round-trips a day → flagged and reviewed.

Account sharing

prohibited

One account per challenge level. Sharing credentials or trading on someone else's behalf is prohibited.

Show examples (1)
  • Two people trading one funded account → terminated.

Questions

Frequently asked.

No surprises after you pay.

Read the rules, then start an evaluation knowing exactly what ends one.

Challenges & rules · Nocturne Capital