We built SHARK rules to be readable in five minutes. No fine print, no hidden conditions, no surprise terminations. If you can read this page, you know exactly what you need to do to pass an evaluation and stay funded.

Evaluation rules at a glance

The evaluation is a one-step process. You hit the profit target while staying inside the daily loss limit and the end-of-day trailing drawdown. There is no time limit, no minimum trading days, no consistency rule on the evaluation, and no scaling plan to climb. You either prove your edge or you don't.

Account size	Price	Profit target	Daily loss limit	EOD trailing drawdown	Max contracts
$25K	$59	$1,500	$500	$1,500	3
$50K	$79	$3,000	$1,100	$2,500	6
$100K	$159	$6,000	$2,200	$3,500	12
$150K	$229	$9,000	$3,300	$5,000	15

Instant funded account pricing: $249 / $369 / $459 / $549 respectively. Same rules apply once the account is live.

Funded account rules

Once you pass the evaluation (or buy an Instant account), you trade live with SHARK capital under the same loss-limit and drawdown rules. The profit split is 90/10 in your favour — one of the strongest in the futures prop industry.

Funded rules:

• Daily loss limit — same dollar value as the evaluation. Breach the daily loss = account is breached.
• EOD trailing drawdown — the trailing maximum drawdown updates only at the end of each trading day, not intraday. Once you're $1 above the original starting balance plus the drawdown buffer, the drawdown locks at starting balance.
• No consistency rule on the evaluation. A soft consistency review applies on funded payouts above the minimum payout amount to keep accounts from being one-trade wonders.
• Daily flat by close — all positions are closed by the daily futures session close. No overnight, no weekend holds.
• News trading is allowed. You can trade through CPI, FOMC, NFP, and any other news event. No news embargo, no restricted instruments during releases.
• Reset — fail an evaluation? Reset the account at a discounted reset fee and try again. No cooling-off period.

Contract scaling

You can scale into the max contracts on day one. There is no soft start, no "use 1 lot until you hit $1K profit" gate. The max contract limit per account size is a hard ceiling — exceed it and the trade is rejected at the platform layer.

What will get you breached

1. Hitting the daily loss limit (realised + open)
2. Hitting the EOD trailing drawdown
3. Holding a position past the daily session close
4. Trading prohibited instruments (none currently — full CME futures suite is enabled)
5. Account-sharing, copy-trading from a master account that isn't yours, or any form of disguised group trading

That's it. No "we reserve the right to terminate at our discretion" clause buried in the terms. If you stay inside the four lines above, the account stays live.

Frequently asked rules questions

Can I hold overnight? No — daily flat at session close. We're a day-trading prop, not a swing prop.

Can I trade options on futures? Currently futures only. Options on futures are on the platform roadmap.

Is there a minimum trading days requirement? No on the evaluation. Funded accounts have a 5-trading-day minimum before the first payout.

Can I run an algo / EA? Yes, provided it's your own and not a copy-trader feeding multiple accounts. One trader, one set of accounts.

Do I have to use a stop loss? Strongly recommended, not enforced. The platform itself enforces your daily loss limit.

Ready to take the evaluation?

Pick an account size that matches your strategy, take the evaluation, and get funded. See our programs for current pricing or read how the funded process works end to end.