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Rules for Challenge / Evaluation accounts
EAs are allowed but must not be used for arbitrage or tick scalping. The trader is responsible for all EA activity.
Copy trading is not permitted during the evaluation phase.
News trading is allowed, but positions must be held for a minimum of 1 minute.
Overnight positions are allowed.
Weekend holding is allowed for accounts that support it.
Swing trading, day trading, scalping (min 1 min hold), trend following.
Bi-weekly after funded.
Yes
Payment verification and KYC completion required before evaluation activation.
Step 1: The trader must achieve the growth/profit target without exceeding the maximum drawdown, within the evaluation period and minimum trading days.
Step 2 (if applicable): Upon passing Step 1, the trader advances to Step 2 with the same or adjusted rules. The funded account is issued upon successful completion.
Payout After Passing: Once funded, the trader becomes eligible for payouts according to the Payout Policy. The first payout is subject to the first payout maximum.
Maximum Evaluation Period: As configured per account size. The evaluation must be completed within this period.
These rules form part of the NAIRA FINANCE customer agreement. By purchasing or using an account, the trader confirms that they have reviewed and accepted the applicable rules and terms. Trading involves risk. Past performance does not guarantee future results.