Daily Drawdown:
Traders are permitted a maximum daily drawdown of 5% of their previous day’s closing balance. This means that the largest loss you can incur in a single day is limited to 5% of the account balance at the end of the previous trading day.
How It’s Calculated: The daily drawdown is determined based on the closing balance of your account at the end of the last trading day. For example, if your account balance was $100,000 at the close of trading yesterday, your maximum allowable drawdown today would be $5,000. This limit is in place from the start of the trading day and remains fixed for the entire session.
If at any point during the trading day your losses reach the 5% limit, your trading for the day will be automatically halted to protect your capital and ensure compliance with our risk management rules.
This policy is designed to help traders maintain consistent performance and avoid significant losses.
Max Overall Drawdown:
The maximum allowable loss from the initial capital is 8%. This means that your total losses cannot exceed 10% of the initial capital. This limit helps in managing risk and protecting the firm’s capital. Exceeding this limit will lead to disqualification from the challenge.
Profit Split:
Payout Information:
Profit Target
Risk Management
Overnight and Overweek Trading.
Trading positions can be held overnight and over the weekend, but be mindful of swap fees that may apply.
News Trading.
To trade during high-impact news events, activate the News Trading Add-on. Ensure effective management of orders and apply appropriate risk management strategies to handle potential volatility.
Prohibited Practice
The key difference between the two plans lies in the consistency rule and the requirement for maintaining a certain profit factor ratio.
Cosmic Challenge
Galactic Plan
The Profit Factor is a measure of your trading performance, calculated by dividing your Total Amount generated from winning trades by Total amount lost from Losing trades. In the Galactic Plan, you are required to maintain a profit factor ratio of at least 1.5 to show that your winning trades are strong enough to offset any losses. This helps demonstrate consistency and solid risk management over time.
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Prime Fund 360
Prime Fund 360 is a prop trading firm operated by Prime 360 LTD, Seychelles (No: 243284). We provide a platform for traders to develop skills in a demo environment. No deposits, withdrawals, or client fund management.
Disclaimer
For educational purposes only—no financial or investment services offered. Use of the platform is at your own risk. Terms apply.
Restricted Regions
We do not provide services to individuals in the following countries: United States, Afghanistan, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Liberia, Libya, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, and Yemen.
Legal
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