PACE / FLASH / LITE: our one-phase evaluation accounts. Pass one, and you get a funded account.
Instant PRO: a funded account with no evaluation.
Funded account: the simulated account you trade after passing, with a 90/10 profit split.
Profit target: the profit needed to pass – 6% of the account size.
EOD trailing drawdown: the maximum loss allowed. It follows your highest end-of-day balance and locks once you’re far enough in profit.
Daily loss limit: the most you can lose in one day. On PACE, FLASH and LITE, hitting it stops trading for that session. On Instant PRO it’s a soft guideline.
Consistency rule: limits how much of your total profit can come from your best day.
Winning / profitable day: a day that closes above the minimum profit for your account size. Used for PACE and LITE payouts.
Qualifying day: on Instant PRO, a day closing with at least $150 net profit.
Buffer: profit that must stay in the account and can’t be withdrawn (FLASH, LITE, Instant PRO).
Payout cap: the most you can withdraw in a single request.
Activation fee: a one-time fee paid when you pass. Only LITE has one.
Reset: restarts a failed evaluation. Reactivation: restores a breached funded account.
KYC: identity verification – via Sumsub after your first purchase, and via Rise before your first payout.
Rise: our payout provider. Your Rise email must match your Shark Futures email.