Phoenix Legacy Complete Rules and Overview

A structured 2-step progression. Phase 1, then Phase 2. Simple milestones, no guessing.

Static Maximum Loss. Your drawdown limit is fixed from the start. It does not move with your equity.

No time pressure. Unlimited time, no countdown, no minimum trading days.

$5,000 · $10,000 · $25,000 · $50,000 · $100,000 · $200,000 · $300,000 · $400,000 · $500,000 · $600,000 · $700,000 · $800,000 · $900,000 · $1,000,000

Profit Target: 3% Reach a 3% profit on your account balance. All positions must be closed.

Daily Drawdown: 8% Maximum loss allowed within a single trading day (00:00 to 23:59 UTC).

Example: On a $100,000 account, your maximum daily loss is $8,000.

Static Drawdown: 10% A fixed maximum loss limit calculated from your starting balance. It does not trail, and it does not move up with profits.

Example: On a $100,000 account, your static drawdown limit is $10,000. If your equity or balance drops below $90,000, the account is considered breached.

Profit Target: 2% Reach a 2% profit on your account balance. All positions must be closed.

Requirements Same rules as Phase 1:

Daily Drawdown: 8%

Static Drawdown: 10%

Once you pass both phases, tighter drawdown rules apply:

Daily Drawdown: 3%

Static Drawdown: 6%

Minimum Trading Days: 5 You need at least 5 valid trading days before you can request a payout. A trading day only counts as valid if it meets the Daily March threshold below.

Daily March: 0.5% A day is only counted toward your minimum trading days if the account achieves at least +0.5% realized profit for that day. Days where you trade but don't reach the 0.5% threshold do not count toward the 5-day requirement.

Example: On a $100,000 funded account, a trading day only counts if the realized profit from closed trades is at least $500.

Payout Requirement: 1% Before requesting your first or any subsequent payout, you must generate at least 1% profit calculated from your initial balance.

How it works:

Max Single Trade Loss: 2% In the funded phase, you must not lose more than 2% of your initial funded balance in a single trade.

Violating this rule is a hard breach and leads to account termination.

Example: On a $100,000 funded account, the maximum loss allowed on any single trade is $2,000.

Best Day Rule: 30% To be eligible for a payout, no single trading day can represent more than 30% of your total profits.

Important: This is a SOFT rule. It does NOT breach your account. It only delays your payout until your profit distribution becomes more balanced.

Trying to bypass it by splitting a large winning position (hedging, partial closes, etc.) is not allowed. The profit may be treated as if it was closed on a single day.

Profit Split: Up to 99% You keep up to 99% of profits generated in your funded account.

After passing both phases:

Note: KYC and Trader Agreement are one-time only. Not required for future accounts.