EXL Trade

How EXL Direct works

No evaluation: you start in the funded account, hit the cycle's payout target and withdraw. Direct from purchase to payout.

Your plan's values

Size

EXL Direct skips the evaluation. You start straight in a US$ 50,000 funded account and, each cycle in which you hit the payout target, you request a payout, with a profit split of 90%.

From purchase to payout

  1. 1

    Purchase

    You choose the account size. The rules are recorded in your purchase's Rules Sheet.

  2. 2

    Funded account

    The account is released already funded, usually right away and at most within 72 business hours. There is no pass target and no deadline.

  3. 3

    Cycle payout target

    Make US$ 3,000 in profit for the 1st payout and US$ 2,250 for each following payout, with 20% payout consistency.

  4. 4

    Payout

    Once the cycle is complete, request it in the dashboard. Your profit split is 90%.

The account rules

Max Loss Limit
US$ 2,000
EOD (end of day) drawdown
Lock
US$ 50,100
the floor stops rising here
Daily Loss Limit
US$ 1,200
pauses until the next session
Max Size
4 minis or 40 micros
open at the same time; 1 mini counts as 10 micros
Deadline
No deadline
trade at your own pace

Since the account starts out funded, the Max Loss Limit has a lock from day one: the floor starts at US$ 48,000, rises with record closes and stops rising at US$ 50,100.

Watch the floor rise
Lock: the floor stops here · US$ 50,100US$ 48,000StartSession 1Session 2Session 3US$ 50,100Session 4US$ 50,100Session 5
Closing balanceFloor (max loss)

The floor follows the highest closing balance and never goes down.

The payout cycle

1st payout target
US$ 3,000
Following payouts target
US$ 2,250
Payout consistency
20%
of the cycle's profit, on your best day
Minimum-profit days
Not required
the payout target and consistency apply
Buffer
US$ 52,100
the balance must stay above it after the payout
  • The cycle must end in profit.
  • No single day can exceed 20% of the cycle's profit. While it does, the payout is not released: keep trading until the cycle evens out.
  • There is no date window: once you meet the requirements, you can request it.
  • The cycle restarts on the session after the approved payout.

How much you can withdraw

How much you can withdraw
All profit
above the buffer
Cap on the 1st and 2nd payout
US$ 1,500
Cap from the 3rd payout
US$ 2,500
Minimum payout
US$ 500
Profit split
90%
of the amount withdrawn

Simulate a payout

Which payout

You can withdraw

US$ 1,500

You receive (90%)

US$ 1,350

A simulation to help you understand the rules, before transaction fees. The official amount is the one in your payout review.

Every Direct payout is reviewed by EXL, within 1 business day.

If the account hits a limit

What happens

Hitting the daily limit (US$ 1,200) only pauses the account until the next session. Hitting the Max Loss Limit closes the account. Direct has no reset.

Direct add-ons

The add-ons available for Direct are shown below. They are chosen at purchase only and recorded in your Rules Sheet.

What changes in the plan

No add-ons on: these are the plan's default rules.

Live account review

After the 5th payout, EXL reviews your account for a possible invitation to a live account. An invitation is not guaranteed.

Inactivity

30 calendar days without trading close the account, whether evaluation or funded. We warn you by e-mail on the 23rd and 28th day. A closed account loses its balance and its payouts: if you have a payout available, request it before then.

Frequently asked questions

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Launch values, updated automatically.

For your account, the Rules Sheet recorded at your purchase always prevails, in My Accounts.

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