After you reach the profit target, your account does not advance simply because you have reached the required percentage. Era Trade first checks that all stage conditions have been met and no trading rules have been violated.
For 2-stage challenges
- After you reach the profit target on Stage 1 and your account passes the review, you move on to Stage 2.
- After you reach the profit target on Stage 2, the entire evaluation period undergoes a manual review by the risk management team. The review may take up to 5 business days.
For 1-stage challenges
After you reach the 11% target and meet the mandatory conditions, the entire evaluation period undergoes a manual review by the risk management team. The review may take up to 5 business days.
After approval
After a successful review, Era Trade creates your funded account and provides the account details.
If a rule violation is found during the review, the stage or challenge may be rejected: open positions may be closed, the account may be switched to view-only or closed, and your right to advance may be revoked.
Important: Reaching the profit target alone is not enough. You must also comply with the rules on profitable days, trading days, drawdown, risk, and all other conditions until the review is complete.
Instant accounts do not have a profit target. Account readiness is assessed based on the minimum number of trading days, profitable days, loss limits, the 2% risk rule, and 25% consistency.