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ARTICLE 3: Sapphire Evaluation Rules

Evaluation (Sapphire)

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Written by Nicholas Bryan-Boateng

The Sapphire account is your evaluation phase. Pass the Sapphire to receive a Diamond funded account.

The Short Version

Hit your profit target over at least 3 trading days without breaching EOD trailing drawdown. No daily loss limit. No time limit. Just trade.


Profit Target

Varies by account size. Net of commissions and fees.

  • 25K → $1,500

  • 50K → $3,000

  • 100K → $6,000

  • 150K → $9,000

Minimum Trading Days

You must complete at least 3 trading days (days with at least one trade) before the evaluation can be passed. There is no maximum time limit.

EOD Trailing Drawdown

Your drawdown threshold trails up once per day at market close, based on your highest closing balance. Intraday dips that recover before close do not fail the account.

Daily Loss Limit

None. There is no daily loss limit during the Sapphire evaluation. Your only hard limit is EOD trailing drawdown at close.

Consistency Rule

No single trading day may represent more than 40% of total net profits. This is checked at the time of payout request — not during the session.

Minimum Hold Time

All trades must be held open for at least 2 minutes. Tick scalping and entries under 2 minutes are prohibited.

News Trading Rule

Close all open positions at least 2 minutes before scheduled tier-1 economic releases: FOMC, NFP, CPI, PPI, FOMC Minutes, and similar events.

Contract Limits

Do not exceed your account's max contract limit at any time. 1 standard contract = 10 micro contracts toward your limit.

Overnight & Weekend Holds

Allowed. Positions may be held overnight and over weekends. EOD drawdown calculates at each market close.

Automated Trading

Allowed. Your algorithm must respect all rules including the 2-minute hold time and news exit rule.

Resets

If you breach EOD drawdown, your account fails. You can purchase a reset to restart at the same size. All subsequent resets after your first are 50% off the standard reset price.

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