[Lightning Plan] How does the consistency rule work?
30% Consistency Rule Explained for a 100K Account
This rule ensures that your profits build consistently rather than coming from a single exceptional day. It applies in both the Challenge and Live stages, promoting steady, sustainable trading performance.
Example for a 100K Challenge Account (5% Profit Target)
With a 100K account and a 5% profit target, your goal is to make $5,000 in total. Under the 30% consistency rule, no single day's profit should exceed 30% of your cumulative gains.
If your total profit reaches $5,000, the maximum allowed profit in one day is $1,500 (30% of $5,000).
If you earn $1,800 in a single day, it falls out of the consistency rule. In this case, you must continue trading and grow your total profit until that $1,800 day accounts for 30% or less of the total gains.
To balance it out, you would need to increase your total profits to at least $6,000 because 30% of $6,000 is $1,800, making it compliant.
To break it down
If you make $1,800 in a single day and your total profit target is only $5,000, this would fall out of the consistency rule because $1,800 is more than 30% of $5,000.
To fix this, you need to keep trading until your total profit is high enough that the $1,800 day is 30% or less of your total gains.
How to Fix It
Right now, 30% of $5,000 is $1,500, meaning your $1,800 day is too high.
To balance it out, you need to increase your total profit so that $1,800 is 30% or less.
The easiest way to do this is by making at least $1,000 or more profit, bringing your total gains to $6,000 or more. (Highest Day Profit/Consistency percentage, 1,800/30% = $6,000)
At $6,000 total profit, 30% is $1,800, which means you’re now following the rule.
How the Rule Works in a Funded Account
In a funded account, there is no fixed profit target, but you must trade for at least 3 days while still maintaining profit consistency. Since there is no set goal, the 30% rule applies based on your cumulative profits.
Example 1 – Profits Spread Out Properly:
Day 1: $1,200
Day 2: $900
Day 3: $1,500
Total Profit: $3,600
30% of $3,600: $1,080 (largest allowed single-day profit based on 30% consistency rule)
Issue? Yes, since $1,500 exceeds $1,080. You need to continue trading to increase total profit.
Example 2 – Adjusting to Meet the Rule:
Day 4: $1,200 more profit → New total: $4,800
30% of $4,800: $1,440 (now the $1,500 day is still too high)
Day 5: $700 more profit → New total: $5,500
30% of $5,500: $1,650 (now the $1,500 day is within the limit)
Issue? No, now the consistency rule is met.
[Lightning Plan] What is the Lightning Plan?
The Lightning Plan is a unique FXIFY program that offers traders a fast-tracked path to funded trading. It features a 7-day time limit to reach the profit target, making it a hybrid between a one-phase challenge and instant funding. This program is designed for traders who want a quicker route to funding while still maintaining a structured challenge. The pricing is more affordable than the 3-phase challenge, yet traders have the opportunity to pass and receive payouts just as quickly as with the one-phase or instant funding programs.
[Lightning Plan] Is this program suitable for beginners?
The Lightning Plan may not be the best option for beginners due to its tighter drawdown limits, which require strict risk management. However, it does include a consistency rule that can help traders develop discipline and improve their trading habits over time. While experienced traders may find it more suitable, disciplined beginners willing to adapt could still benefit.
[Lightning Plan] What’s the maximum drawdown limit?
The Lightning Plan has a maximum trailing drawdown limit of 4%. Traders must manage their risk carefully to stay within this threshold and maintain their account. If you hit or exceed the 4% drawdown limit, your account will be breached, and you will no longer be able to trade on that account.
[Lightning Plan] What’s the daily drawdown limit?
The Lightning Plan has a daily drawdown limit of 3%. Traders must ensure they do not exceed this limit. If you hit or exceed the 3% drawdown limit, your account will be breached, and you will no longer be able to trade on that account.