What is an evaluation (challenge) account?

Evaluation accounts look like normal trading accounts but are judged against rules. The common rule set:

• Profit target: for example 8% or 10% of the starting balance.
• Daily loss limit: a maximum loss in a single day, for example 5%.
• Maximum loss limit: an overall loss floor, for example 10% below the starting balance.
• Minimum trading days: the trader must trade on a number of distinct days.

Breaking a loss rule ends the account immediately. Meeting the target with all rules respected passes it. The quality of enforcement matters: if limits are checked late, traders can lose beyond them, and if they are checked inconsistently, traders dispute results. PropExecutor checks each account's rules on every price tick as it arrives, and shows the trader live headroom against each limit inside the terminal.

Example

A $25,000 evaluation with an 8% target, a 5% daily limit and a 10% maximum loss: the trader passes at $27,000 equity, provided equity never falls 5% below a day's opening value and never reaches $22,500.