Profit target
The profit you must reach to pass a phase — measured on closed equity.
Two-Step forex accounts require 8% in phase 1 and 5% in phase 2. One-Step forex accounts require a single 10% target. Instant accounts have no pass target — instead you need 0.5% profit over at least 7 trading days before your first payout.
The target is calculated against the starting balance of the phase, not against your peak equity. Floating profit does not count until the position is closed.
Example
On a $10,000 two-step account, phase 1 passes when closed balance reaches $10,800.