RexPropFirm

Profit targets across multiple evaluation stages

Why Rex never adds two stage targets together, how percentage and currency targets behave differently, and what a target actually asks of a strategy.

In this guide 6 sections + questions

Key points

  • Each stage is a separate condition. 10% + 5% is never 15%.
  • A percentage target scales with the account; a currency target does not.
  • The target is usually measured from the stage's starting balance, not from your best day.
  • "No target" is a published value on instant plans; "not published" is missing evidence.

Targets are a sequence, not a total

A multi-stage evaluation publishes one target per stage. You satisfy the first, the account resets to its starting balance, and you satisfy the second. Neither the profit nor the progress carries across.

Phase 1target 10%Phase 2target 5%never shown as 15%
Two separate phases, each with its own target. The targets are conditions in sequence, not one combined number.

Two conditions in sequence. Adding them would misdescribe both the work and the risk.

Rex therefore stores one target per stage and renders them separately everywhere they appear. FTMO's two-step shows Phase 1 at 10% and Phase 2 at 5%; City Traders Imperium's two-step publishes $1,000 then $500 on its 10K account. In compare, two options with different numbers of stages are marked incompatible on that field rather than being reduced to one figure.

Percentage targets and currency targets

The unit matters as much as the number, and the two units behave differently as account size changes.

Percentage targetCurrency target
Typical branchForex and CFDFutures, and some Forex firms
Scales with account sizeYes, automaticallyNo, published per size
Comparable across sizesDirectlyOnly after converting to a percentage yourself
Comparable across firmsWithin the same unitWithin the same currency

A $3,000 target on a $50,000 account is 6%. The same firm's $9,000 target on a $150,000 account is also 6% — but that is a coincidence of how the firm scaled its plans, not a rule. Other firms scale targets and limits at different rates, so the effective percentage moves as you go up the range. If you are choosing an account size, work the currency targets back to percentages before deciding.

What the target is measured from

Almost universally, the target is measured from the stage's starting balance to your current balance — not from your lowest point, and not from your highest.

That matters after a drawdown. An account that fell 4% and then recovered is not 4% of the way to the target; it is back at zero with the same target ahead and less loss allowance behind it, if the plan uses a static maximum loss. On a trailing plan the allowance may have moved as well.

Some firms also require the target to be present at the end of a trading day rather than merely touched intraday. Where a firm states this, it is on the same page as the target, and it is worth reading before planning a final push.

The conditions that travel with a target

A profit target rarely stands alone. Three other published rules commonly decide whether reaching it counts.

  • Minimum trading days — a floor on how quickly a stage can be passed. Reaching the target on day one does not pass a stage with a four-day minimum.
  • Consistency rules — a cap on how much of the total profit may come from a single day. A target reached in one strong session can fail this test even though the balance is correct.
  • Minimum profitable days — a different rule from minimum trading days, requiring a number of days that ended in profit. Rex records them separately because they test different things.

Read the target together with these. A 6% target with a 50% consistency rule is, in practice, a requirement to make 6% without any single day contributing more than half of it.

No target, and no published target

Instant-funding plans publish no profit target, because there is no evaluation to pass. Rex records "No target" as a real value on those options.

That is deliberately different from a plan that runs an evaluation but does not state the target on any page Rex has read, which shows as not published and lowers the option's Data Confidence. One is a fact about the product; the other is a gap in the evidence. Collapsing them into a single blank would hide which is which.

Comparing targets sensibly

  1. Compare like unitsPercentage against percentage, currency against currency in the same currency. Rex marks the rest incompatible rather than converting.
  2. Count the stagesA single 8% and a 6% + 4% are different tests. Neither is simply harder.
  3. Convert currency targets to percentages at your sizeIt is the only way to see whether a firm's larger accounts are proportionally easier or harder.
  4. Add the conditionsMinimum days and consistency change what a target really asks for.

The explorer can filter by first-stage percentage band directly — for example first stage at 8% or less — and the band deliberately excludes currency targets rather than guessing an equivalence.

Common questions

Why does Rex refuse to show 10% + 5% as 15%?

Because they are separate conditions on separate phases, each starting from the account's starting balance. A 15% figure would describe a test that no firm sets.

Does profit above the target carry into the funded account?

Usually not. The funded account normally starts at its own starting balance. Firms that do carry profit over say so explicitly.

Can I pass a stage in one day?

Only if the plan has no minimum trading days and no consistency rule. Both are common, and both exist precisely to prevent it.

Are currency targets easier than percentage targets?

Neither in general. Convert the currency figure to a percentage of the account size and compare that; the answer differs by firm and by size.

Compare the options this guide mentions

Opens 3 challenge options side by side, with every field that cannot honestly be compared marked rather than averaged.

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