To receive funding from Era Trade, you need to successfully pass our evaluation challenge — it is designed to identify successful, talented traders and help them address their capital needs. If you pass the evaluation and prove that you are a profitable trader, you will be trusted to put our capital at risk.
In the 2-stage challenge, you need to achieve an 8% profit in the first stage and 5% in the second, without exceeding a drawdown of 5% per day or 10% overall.
In the 1-stage challenge, the target is an 11% profit, with drawdown no greater than 4% per day or 8% overall.
After you successfully pass, you will be offered the opportunity to trade our capital on the best terms in the market. The profit split is 80%/20% in your favor as the trader.
Instant accounts are different: they have no evaluation challenge or profit target. Access is provided immediately after account activation, and payout eligibility depends on meeting the Instant account rules for trading days, profitable days, risk and consistency.