RULES

QATS Prop Rules and Loss Limits

Know how profit, equity, loss limits, and qualifying days are measured.

Profit target$5,000

Reach the net profit target after calculated fees and meet every pass requirement.

How it works
Maximum loss$3,000

EOD trailing · stops at the starting balance. Equity must stay above the floor, including open P&L.

How it works
Daily loss limitBreach$2,000

Breach: booked and open P&L count. Touching it fails the account.

How it works
Consistency40%

Best day ≤ 40% of total net profit when you pass.

How it works
Trading days2 days

Count qualifying risk days, not the number of orders or fills.

How it works
No hidden targets. No guessing.
Know the rules before you trade.
Compare Challenges

THE RULES IN PRACTICE

Understand the numbers before your first trade.

These explanations follow 50K Crypto, selected above. Switch the market or account size to update the examples. Your purchased account keeps its recorded terms; check Rules & objectives for its current stage.

Illustrative calculations, not actual account performance. Example P&L is net of calculated trading fees and applicable funding.
RULE 01

Profit target: net results, not open gains

Profit is measured after calculated trading fees and applicable funding entries. An open position can change equity and risk, but an unrealised gain is not the same as booked net profit.

Reach the required target, close open positions, and meet the trading-day and consistency requirements. The platform confirms the pass after all checks agree; touching the target price alone does not complete Evaluation.

Passing Evaluation
FOR THE SELECTED OFFER
Starting balance
$50,000
Required net profit
$5,000
Balance after that net profit
$55,000

The example assumes no other balance adjustments. Check your account’s recorded target and pass status in Rules & objectives.

RULE 02

Maximum loss: the equity floor

This offer uses EOD trailing. Equity is your balance plus current open P&L. Touching or falling below the account’s loss floor is a breach, including when the loss is still unrealised.

An EOD trailing floor rises from the highest recorded end-of-risk-day balance. Open gains during the day do not lift the EOD high-water mark, but open losses are still checked against the current floor.

Maximum loss explained
FOR THE SELECTED OFFER
Starting balance − maximum loss
$50,000 − $3,000
Initial equity floor
$47,000
Example next EOD high-water balance
$51,500
Floor after that increase
$48,500

The trailing floor stops rising at $50,000 for this offer. It never resets downward at a new risk day. The current floor in Risk center is authoritative.

RULE 03

Daily loss: what counts and what happens

The check combines booked net P&L for the current risk day with current unrealised P&L across open positions. Calculated fees and funding can change the result. It is not a limit on losing closed trades alone.

On this offer, reaching the daily loss limit breaches the account. The next risk day does not reopen a breached account.

The risk day resets at 00:00 UTC. This accounting boundary is separate from your display time zone and any plan-specific trading halt.

Daily loss and personal stops
FOR THE SELECTED OFFER
Booked net P&L
−$1,200
Current open P&L
−$800
Combined loss reaches the limit
−$2,000

Maximum loss is checked independently. If the same move also touches the maximum-loss floor, the account is breached even when the daily rule normally causes only a pause. A personal daily stop is a separate, stricter guardrail.

RULE 04

Consistency: how the best day is measured

Best net day ÷ total net profit × 100 must be no more than 40% when Evaluation passes. Losing days reduce total net profit and can increase the ratio.

Going above the ratio is not, by itself, a maximum-loss breach. It means more qualifying net profit is needed before passing. Other loss limits remain active while you continue.

Read account-specific rules
FOR THE SELECTED OFFER
Example best net day
$3,000
Minimum total net profit for that best day
$3,000 ÷ 40% = $7,500
Still required
The profit target and every other pass check

Evaluation consistency and Funded payout requirements can differ. Check the stage comparison below and your purchased account’s rules.

RULE 05

Trading days: sessions, not order count

This Evaluation requires 2 days. Multiple fills in one risk day still count as one day; an unfilled or cancelled order is not a fill.

Under the published “any trade” rule, a risk day with a filled trade can qualify even if it is not a winning day. Use the dashboard’s server-confirmed count.

Funded payout days are a separate counter with their own positive-day threshold. Completing Evaluation days does not automatically qualify a payout.

Qualifying days for payouts

Days follow 00:00 UTC, not midnight in your chosen display time zone.

RULE 06

Size, margin, fees, and order execution

Maximum leverage: 20× BTC/ETH · 10× large caps · 5× others. Position size is determined by available margin. Open positions and working entry orders reserve margin; fees, the instrument’s minimum quantity and step, and executable liquidity also affect the available order size.

Check the amount unit, minimum step, current maximum, and margin in the order ticket for the selected instrument. There is no single minimum quantity that applies to every symbol.

Maker or taker fees apply to executed notional on each fill, including entry and exit. Perpetual funding is separate. These charges affect net profit and the loss buffer.

A market or triggered stop can fill at several prices or only partially. A stop request does not guarantee an exact exit price or protect an account after its loss floor has been reached.

Order size and margin

The terminal, API, and TradingView commands use the same account limits. A delivered alert or accepted command is not proof that the whole requested quantity filled.

AFTER THE PASS

Evaluation and Funded are different stages.

The selected offer publishes the following starting requirements. Payout caps, buffers, qualifying profit, fees, and later cycles are shown on your Funded account.

RequirementEvaluationFunded
Daily loss$2,000$1,500
Best-day consistency40% for the passNo separate best-day requirement
Qualifying days2 days for Evaluation5 days, each ≥ $250 net
Profit shareEvaluation profit counts toward the pass80% trader share of eligible net profit

The trader share is separate from the amount available to request in a cycle. A release fraction, minimum, cap, retained buffer, and transfer fee can affect the quote. Review Company share, Fees, and You receive before confirming a payout.

Understand payout eligibility

02 / FUNDED

Trade Funded. Understand every payout step.

Initial Funded trading uses a simulated balance. Eligible performance payouts follow the accepted Funded schedule, with their own risk limits, qualifying days, request caps, and review.

Illustrated Funded trading guide

SEE HOW IT WORKS

Funded in four steps

ILLUSTRATED WORKFLOWExplore each step

Guide illustration · not your account status

STEP 1 OF 4

Open your Funded account

You
Complete activation if offered, then select your Funded account.
QATS
Creates your separate account with a fresh simulated starting balance.
Activation steps
1 / 4

The next performance cycle starts when the server accepts your payout request. Live Funded is a separate invitation, not an automatic step after a payout.

Need the exact rules and examples? Open a topic below.

FUNDED 01

Activate Funded and check the new account

After a server-confirmed Evaluation pass, open the Funded activation action. Review and accept the exact QATS terms and Funded Account Schedule offered for that account.

Funded activation is included with this option. Complete the agreement step and wait for the new account to appear.

The new Funded account starts at the program nominal with fresh Funded performance counters. Evaluation profit proves the pass; it is not carried into the new Funded balance as withdrawable profit.

Select the new account, confirm its ID, and review personal limits. Set up the correct API keys, webhooks, and copier links for that account before restarting automation.

Funded activation steps
FOR THE SELECTED OFFER
Funded starting nominal
$50,000
Activation for this option
None
Execution at initial Funded
Simulated; eligible performance payouts are separate

KYC is not a condition for ordinary Evaluation purchase or initial Funded activation. Verified identity is required before a payout or allocation of real Live capital.

FUNDED 02

Trade within the Funded risk rules

Funded is a trading stage with its own recorded rules. Reaching the Evaluation target does not remove the maximum-loss floor, instrument restrictions, margin checks, or cross-account hedge controls.

The starting Funded daily loss limit for this offer is $1,500. Reaching it breaches the account. A simultaneous maximum-loss-floor touch still breaches the account.

The risk day follows 00:00 UTC. A display time-zone change does not move it. Personal guardrails can be stricter than the firm limits.

A breach closes the affected Funded attempt. Evaluation reset payments and Evaluation reset credits do not reopen Funded. Use the recorded reason and support review if you believe the decision is incorrect.

Risk center and recovery
FOR THE SELECTED OFFER
Daily loss
$1,500
Funded best-day rule
No separate best-day percentage
Where to check
Rules & objectives and Risk center on this Funded account

Check the current floor and remaining loss buffer after every payout. A payout-cycle reset is not an Evaluation reset or permission to use the full nominal balance.

FUNDED 03

Earn eligibility in the current payout cycle

Complete 5 qualifying Funded risk days in the current cycle, each ending with at least $250 net profit. Multiple trades in one session are still one day. Evaluation days do not count toward this new stage.

Payout eligibility also checks net profit after calculated trading fees and funding, the payout profit goal, retained buffer, minimum request, cap, account state, and any existing request. Visible open gains are not a payout quote.

The release fraction limits how much eligible retained profit can be requested in a cycle. It is a separate rule from the trader/company profit split. Later-cycle caps can differ from the first cap.

Open Payouts for this account, read any blocker, and complete identity verification through the secure flow when offered. Do not create a second request while one is unresolved.

Payout eligibility explained
FOR THE SELECTED OFFER
First-cycle net profit goal
$1
Minimum gross request
$100
Cycle release fraction
50% of eligible retained profit
First-cycle gross cap
$3,000
Later cap after the first payout
$6,000
Later cap after the third payout
$9,000
Additional retained plan buffer
None; the current loss floor still applies

A profit-goal figure alone is not sufficient: the minimum request, release fraction, required days, and protected balance can require more profit. Use the server-confirmed Available amount.

FUNDED 04

Review the quote, submit once, and track the cycle

The request wizard is Amount → Tax details → Payment details → Review. Available methods include bank transfer and USDT on the networks offered by the form. Check ownership, network, recipient, and destination carefully.

The published trader share for this offer is 80% of the eligible gross request. Trading fees have already affected the net profit used for eligibility; the company share and any transfer fee are separate deductions in the payout quote.

On Review, confirm Company share, Fees, and You receive. Use a fresh authenticator code, complete the required declarations and signature, and submit once. Pending or Approved is not the same as Funds sent.

When the server accepts a new payout request, it reserves the recorded account debit and starts the next performance cycle. Finance review and transfer completion follow separately. Review the remaining balance, floor, and new day counter. If a request is rejected or a transfer fails, follow its recorded reason and any debit restoration; do not assume that a missing response means nothing happened.

Illustrated payout request
FOR THE SELECTED OFFER
Illustrative eligible gross request
$1,000
Company share
$200
Trader share before transfer fees (80%)
$800
Final amount
The quote subtracts any applicable transfer fee

This split example assumes an eligible gross request has already been selected. It is not a promise that this amount is available on your account. Keep the request ID and follow Payout history.

03 / LIVE FUNDED

Real execution starts after confirmed allocation.

Live Funded adds a managed exchange account, real collateral and fills, and a separate activation check. Approval, funding in progress, and active Live execution are different states.

The managed Binance / Bybit Live route applies to eligible Crypto accounts after separate approval, provider setup, and confirmed funding. Availability on your account is shown in the dashboard.

SEE HOW IT WORKS

Live Funded in four steps

ILLUSTRATED WORKFLOWExplore each step

Guide illustration · not your account status

STEP 1 OF 4

Live review

You
Keep trading within your limits. Your dashboard shows the review status and we notify you of the decision.
QATS
Makes a separate eligibility and capital-allocation decision.
Who can move to Live
1 / 4

Your program size is not the cash in the exchange wallet. QATS supplies and manages the collateral; your permitted size and loss limit remain the ones shown for the account.

Open a topic for the setup checks, capital explanation, and trading details.

LIVE 01

Live selection is separate from the Funded pass

Continue under the simulated Funded agreement while QATS evaluates the account for Live. A profit target, payout, review invitation, or approval flag by itself does not turn simulated orders into exchange orders.

A Live allocation requires the applicable eligibility decision, verified identity, the approved Live terms, and a supported configured exchange route. Read the venue, permitted instruments, risk limits, execution mode, and payout conditions in the invitation.

Connecting a personal Bybit Demo account is a different workflow. It does not create a QATS firm-funded Live subaccount or authorise real capital.

Live Funded onboarding
FOR THE SELECTED OFFER
Funded
Simulated trading under the Funded schedule
Live review
A decision and onboarding step
Active Live execution
Confirmed funding and a verified LIVE execution connection

Use the explicit execution and funding status shown for your account. A large nominal balance or a Live stage label alone does not verify a funded exchange connection.

LIVE 02

Prepare for the managed exchange transition

For an approved eligible Crypto account, the selected Binance or Bybit venue stays attached to the account. QATS provisions and funds the dedicated firm subaccount through the managed route.

Before transition, close positions, cancel working orders, and resolve pending execution outcomes. Pause bots and alerts so they cannot submit new entries while the account is being prepared.

QATS confirms the subaccount, trading connection, capital transfer, and exchange account state before enabling Live execution. Pending setup or funding is a waiting state, not permission to begin trading.

After activation, confirm the account ID, exchange, LIVE execution status, allowed instruments, and active protections. Test the supported connection and update automation only after the offered checks complete.

Help with a pending transition
FOR THE SELECTED OFFER
Before onboarding
No open positions, working orders, or unresolved executions
During setup
Wait for account and funding verification
Before resuming
Confirm active LIVE execution and the assigned venue

If setup remains pending, contact support with the account ID and displayed status. Do not try to fix it by opening another exchange account, sending collateral, or sharing credentials.

LIVE 03

Nominal buying power and real margin are different

The displayed program nominal remains the basis for presenting your account and rules. It is not a withdrawable wallet balance and does not mean an equal amount of cash was deposited on the exchange.

Real collateral is sized around the approved drawdown budget and carried performance, with a firm reserve. That reserve supports execution safety; it does not increase your allowed loss or position-sizing base.

Available Live size also depends on the instrument’s exchange leverage tier, margin already in use, maintenance requirements, the exchange notional cap, and QATS limits. The exchange’s maximum advertised leverage is not your permitted program leverage.

An order can be refused for insufficient Live capacity even when nominal buying power is large. Reduce size or follow the account’s displayed reason; do not bypass the limit with a different interface.

Size and available margin
FOR THE SELECTED OFFER
Selected program nominal
$50,000
Real exchange collateral
Allocated and managed by QATS
Actual order allowance
The available QATS and exchange capacity
Firm reserve
Not extra trader drawdown or spendable margin

Your dashboard and accepted Live schedule specify the trading limits. Internal collateral movements do not count as trader-created profit.

LIVE 04

Reconcile real fills, manage risk, and request payouts

Active Live commands execute against the assigned exchange account. Actual fills, slippage, partial fills, trading fees, and funding affect the ledger. A sent command or triggered alert is not a completed fill.

Check exchange-backed order results, positions, and protective orders. After a timeout or reconciliation pause, recover the previous outcome before another command; never repeat an uncertain order with a fresh identifier.

Live remains subject to its recorded risk rules. If a managed account breaches, QATS attempts to cancel working orders and close exchange exposure. Keep monitoring until the exchange outcomes are confirmed; connection problems can leave actions pending.

Request profit through QATS Payouts under the accepted Live payout rules. Verify the quote after actual exchange costs, identity and tax details, destination, and authenticator approval. Trading access does not grant withdrawal rights over the firm subaccount or its reserve.

Recover an uncertain command

A Live loss pause, account breach, reconciliation hold, and payout review are different states. Read the actual reason, confirmed exposure, and next action in the account; Evaluation reset credits do not reset Live capital.

BEFORE YOU PLACE AN ORDER

The situations traders ask about.

Can I hedge between accounts?

Opposite exposure on the same market across your QATS accounts is blocked. The same market includes its linked instruments: an inverse or leveraged fund on the same index (SOXS against SOXL, TQQQ against QQQ), WTI against Brent, and what you hold on a connected Bybit account. On one account, opposite-side fills reduce, close, or reverse the net position rather than create an independent hedge. Copy trading does not bypass this rule.

Which symbols and exchange prices can I use?

Crypto offers use the supported crypto perpetual symbols. Trade only the symbols and exchange enabled on the selected account. A similarly named TradingView chart or another exchange’s quote does not expand that account’s permissions. Check the instrument picker and Markets for the exact symbol and units.

Can I trade around news or hold overnight?

This offer has no configured high-impact news entry blackout. It has no configured daily session halt. The risk-day rollover is an accounting boundary, not a daily market closure. Market-data availability, instrument availability, and all risk checks still apply.

Do bots, APIs, and TradingView follow different rules?

They use the same execution and risk checks as manual trading. Bind credentials to the correct account, review every command result, and check positions and protection after an alert. A sandbox is separate and does not qualify an Evaluation.

What happens after a pause, rejection, or breach?

A rejected order is not an executed trade. A session pause blocks new exposure until the shown resume time; closing and cancellation remain available. A breach ends the affected attempt. Check Risk center for the exact reason and any available Evaluation reset, credit, price, and time window. A reset creates a new account; Funded accounts do not use Evaluation resets.

Does passing Evaluation mean I trade live capital?

Passing opens Funded activation under the accepted terms. Evaluation and initial Funded buying power are simulated; eligible performance payouts are separate from that displayed balance. Live Funded is a later approval and allocation, with its own agreement and limits.

Read the rules attached to your account.

This page explains the published offer. The accepted QATS terms, Trading Rules, and account schedule contain the full conditions.

Legal documents

FAQ

Know before you trade.

Straight answers to the questions that matter before you start.

Browse the QATS Help Center for step-by-step guides and screenshots.
Still need help?
or support@qats.us

What is QATS?+

Founded in 2021, QATS is a financial technology company specializing in algorithmic trading infrastructure, risk management and measurable trader evaluation. Its prop trading program, QATS Prop, launched in 2024 and gives independent traders a structured way to demonstrate skill and qualify for a QATS Funded Account with performance-based payouts.

How do I get funded?+

Pass the 1-step evaluation: meet your plan's profit target and at least 2 qualifying trading days, without breaching its loss limits. Then accept the Funded Account Schedule and pay any activation fee attached to your chosen option. Evaluation and Funded are simulated; Live Funded requires a separate review.

How much capital can I qualify for?+

Current simulated account sizes are Crypto: $10,000, $25,000, $50,000, $100,000; TradFi: $25,000, $50,000, $100,000, $150,000. These are program account balances, not cash deposits or guaranteed live capital.

How does billing work?+

The selected plan states whether payment is one-time or monthly. For a monthly plan, renew from account billing or separately authorise the recurring card charges disclosed before checkout. If a month is not paid, open positions are closed, automation stops and trading pauses until you renew. An account left unpaid for 30 days is closed. Plans with a reset credit add one free reset to each paid renewal.

What happens after I pass?+

Once the server confirms that every objective is met, accept the QATS Prop Terms and Funded Account Schedule to activate your funded account. On the Activation fee option, the one-time activation fee is charged at that point.

How much of my profits do I keep?+

The current plans pay the trader 80% of the approved gross payout request. The company keeps the remainder; applicable transfer fees are shown separately before you confirm. Existing accounts retain their accepted rules.

When can I request a payout?+

The current Funded plans require 5 qualifying winning days, each with at least $50–$500 net profit depending on account size. A request can release up to 50% of eligible profit, subject to the plan's cycle cap, KYC and finance approval. Live Funded removes the 50% release restriction under its own schedule. Qualifying days are not a promise of transfer time.

What happens if I break a trading rule?+

Breaching the maximum loss limit closes the affected account and the dashboard records the breached threshold. A breached Evaluation whose plan has a reset price can be reset with a paid reset or an available reset credit; the reset opens a new account with the same recorded rules. On the current Crypto offers, daily loss is a breach too. On TradFi offers, the daily rule pauses entries until the next session, but touching the separate maximum-loss floor still breaches the account.

Can I use trading bots or algorithms?+

Yes. QATS supports manual trading, systematic strategies, bots and connected API workflows, subject to the account rules and technical access available to you.

Which markets can I trade?+

Current plans cover 17 crypto perpetuals and 33 TradFi perpetuals, including stocks, indices, metals and energy. Crypto plans use Binance or Bybit market data; TradFi evaluations use Binance market data. The public Markets directory lists the instruments, venues, leverage and session rules.

Is the Challenge simulated or live?+

The Challenge and initial Funded stages are simulated. Live Funded is the next stage: real capital and real orders on Binance or Bybit, reached through a separate review with the applicable agreement, eligibility checks and final approval.

READY TO PROVE YOURS?

SKILL DESERVES CAPITAL.

Start your QATS Challenge today.

Start Challenge
Starting from $49/monthUp to $150K simulated account size80% profit split

$49/month is the activation-fee option: $149 is due after passing. Standard $10,000 Crypto is $69/month, with no activation fee.