Benchmarks
What Is a Benchmark?
A Benchmark is a structured performance milestone achieved during the Evaluation phase.Â
They measure consistency within defined risk parameters and form the foundation for Real Prop consideration.
Benchmarks must be accumulated on a single account. Benchmarks across multiple accounts do not combine.
Why Benchmarks Exist
- Clear daily (intraday) & weekly (swing) objectives
- Defined profit targets
- Structured progression standards
- Measurable consistency
Common Benchmark Structure
| Account | Daily Target | Max Drawdown | Benchmark Target | 1st Benchmark Eligibility Threshold | MAE 50% | Signing Bonus |
|---|---|---|---|---|---|---|
| Consistency Requirement: None | ||||||
| 25K | $65 | $1,250 | $325 | $26,575 | $625 | $5,625 |
| 50K | $125 | $2,500 | $625 | $53,125 | $1,250 | $11,250 |
| Account | Daily Target | Max Drawdown | Benchmark Target | 1st Benchmark Eligibility Threshold | MAE 50% | Signing Bonus |
|---|---|---|---|---|---|---|
| Consistency Requirement: None | ||||||
| 25K | $65 | $1,225 | $325 | $26,550 | $625 | $5,625 |
| 50K | $125 | $2,250 | $625 | $52,875 | $1,125 | $10,125 |
| Account | Daily Target |
Benchmark Target |
Intraday Trailing | EOD Trailing | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Max Drawdown |
Elig. Threshold |
MAE 50% |
Signing Bonus |
Max Drawdown |
Elig. Threshold |
MAE 50% |
Signing Bonus |
|||
| 25K | $65 | $325 | $1,250 | $26,575 | $625 | $5,625 | $1,225 | $26,550 | $625 | $5,625 |
| 50K | $125 | $625 | $2,500 | $53,125 | $1,250 | $11,250 | $2,250 | $52,875 | $1,125 | $10,125 |
| Account | Weekly Benchmark Target | Max Drawdown | 1st Benchmark Eligibility Threshold | MAE 50% | Signing Bonus |
|---|---|---|---|---|---|
| 12.5K Futures / 25K Stocks | $625 | $1,250 | $14,375 / $26,875 | $625 | $5,625 |
| 25K Futures / 50K Stocks | $1,250 | $2,500 | $28,750 / $53,750 | $1,250 | $11,250 |
Eligibility Threshold = Max Drawdown + Weekly Benchmark Target. Up to 6-8 Benchmarks required for Real Prop consideration.
Eligibility Threshold Explained
Benchmark Qualification Rules (Intraday)
- Complete five (5) qualifying trading days
- Each qualifying day must meet or exceed the Daily Profit Target (Net PnL ≥ Daily Target)
- The minimum account balance must not be breached during the qualification process
- Evaluation occurs automatically at end of day once all conditions are met
Benchmarks stack sequentially. Each Benchmark requires completion of the full qualification process.
Benchmark Qualification Rules (Swing)
- Benchmarks are based on weekly realized profit
- Only closed trades count toward the benchmark
- Profit can be achieved at any time during the week
- No minimum number of trading days is required
- No daily profit target applies
Benchmarks are counted in the week the trade is closed, not when the position was opened.
Example: A trader opens a position on Wednesday and holds it for two weeks.
When the position is closed and the realized profit exceeds the benchmark target, the Benchmark is counted in the week the trade was closed.
Each Benchmark must be completed before the next one begins. Up to 6 to 8 Benchmarks on a single account are required for Real Prop consideration. Benchmarks across multiple accounts do not combine.
