TradFlakes
The 5%ers offers futures-only funded trading through a straightforward one-phase evaluation with no time limit and no minimum trading day requirement. Traders must achieve a 6% profit target while staying within a 3% End-of-Day (EOD) trailing drawdown, which is calculated from the highest recorded midnight balance or equity. Because the drawdown updates only once per day, intraday gains and losses do not immediately change the risk threshold.
The firm emphasizes consistent risk management over aggressive trading. While traders may complete the evaluation in a single day, a 30% consistency rule prevents a single trade from contributing more than 30% of total profits. Breaching this rule results in a soft breach rather than an immediate failure, allowing traders to continue trading until they become compliant.
There are no daily loss limits, no recurring monthly subscription fees, and news trading is permitted. However, the firm enforces strict restrictions on trading practices such as high-frequency trading (HFT), algorithmic trading, and hedging, with violations resulting in permanent disqualification.
Funded traders can participate in a scaling plan that increases buying power and position limits after each approved 10% profit milestone. Evaluation profits do not carry over to funded accounts, but profits earned on funded accounts are retained during scaling according to the firm's scaling rules.
The firm supports the BlackArrow trading platform across desktop, mobile, and web, and provides two evaluation programsβRebate and Basecampβwhich share the same trading objectives but differ in their fee structure and commission model.
Overall, the program is designed for discretionary futures traders who prefer flexible evaluation timing, no daily loss cap, and end-of-day trailing drawdown, while accepting strict rules around trading methods and position management.
This firm is best suited for disciplined futures traders who value flexibility over aggressive risk parameters. The lack of a time limit and daily loss limit removes much of the pressure seen in many evaluations, allowing traders to focus on execution rather than racing against the clock. The End-of-Day trailing drawdown is more forgiving than intraday trailing models because it only updates at midnight. However, the 3% maximum drawdown is relatively tight, meaning poor risk management can quickly end an account. Traders also need to be aware that withdrawals do not reduce the drawdown floor, so taking payouts reduces the available safety buffer. The 30% consistency rule encourages steady performance instead of relying on a single large winning trade. While exceeding the limit doesn't immediately fail the account, it can delay progression until profits become more balanced. For funded traders, the scaling plan is a notable advantage, offering increased buying power and contract limits as performance milestones are achieved. On the downside, the firm only supports the BlackArrow platform and prohibits algorithmic trading, HFT, and hedging, making it less suitable for traders who rely on automated strategies. Overall, this is a solid choice for discretionary futures traders with consistent risk management, but it is less appealing for traders seeking higher drawdown limits, broader platform support, or automated trading.
No. The firm does not enforce a separate daily loss limit. Instead, it uses a 3% End-of-Day (EOD) trailing drawdown, which is calculated from your highest recorded midnight balance or equity.
At midnight (ET), the firm records the higher of your account balance or equity. Your maximum drawdown is then fixed at 97% of the highest midnight value. The drawdown only moves upward after a new midnight high and never moves downward.
No single trade may generate more than 30% of your total profits. If one trade exceeds this threshold, it results in a soft breach, meaning you can continue trading until your overall profits increase enough to satisfy the rule.
No. Breaking the consistency rule does not automatically terminate your account. You simply need to continue trading until your largest winning trade accounts for 30% or less of your total profits.
A trader may have up to two active accounts at the same time.
No. Once you receive a funded account, it starts with its designated starting balance. Profits earned during the evaluation are not transferred.
Your account must have at least one trade every 14 days. If there is no trading activity for 14 consecutive days, the account is terminated.
The firm currently supports BlackArrow on Windows, macOS, web browsers, iOS, and Android.
According to the rules you provided, funded accounts use an 80/20 profit split, meaning the trader receives 80% of eligible profits while the firm retains 20%.
Yes. Withdrawals reduce your account balance, but they do not reduce the drawdown floor. This means your available drawdown buffer becomes smaller after taking a payout.
No. Both evaluation programs use one-time payments and do not charge recurring monthly subscription fees.
Yes, but only if no trades have been placed within 14 days of purchasing the evaluation. Refunds are processed using the original payment method.
