Evaluation accounts assess a trader's skills and ability to follow risk management rules. TX3 Funding offers different evaluation options based on account types, with unique profit targets and drawdown limits. Below is a detailed overview of the evaluation accounts based on the plan type:
Evaluation Account Stages and Requirements by Plan Type
Plan Type | Account Size | Evaluation Stage | Profit Target | Max Drawdown (Trailing) | Daily Loss Limit |
Starter Plan | $50,000 | Initial Evaluation | $3,000 | $2,500 | $1,200 |
Starter Plan | $100,000 | Initial Evaluation | $6,000 | $3,500 | $2,400 |
Starter Plan | $150,000 | Initial Evaluation | $12,000 | $5,000 | $3,600 |
Pro Plan | $50,000 | Initial Evaluation | $4,000 | $2,000 | None |
Pro Plan | $100,000 | Initial Evaluation | $8,000 | $3,000 | None |
Pro Plan | $150,000 | Initial Evaluation | $12,000 | $4,000 | None |
Evaluation Stages
Initial Evaluation: Traders start with an initial evaluation where they need to meet a profit target while adhering to drawdown and daily loss limits. The goal is to demonstrate consistency and effective risk management.
Simulated Funded Stage: Once the initial evaluation is successfully completed, traders progress to the simulated funded stage, where they must maintain profitability and continue following risk management rules.