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NYS Markets Rules
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4.25
Based on 3 reviews
NYS Markets rules at a glance
NYS Markets's plans state a maximum drawdown of 3% to 10% of the account size (drawdown type: static, trailing and end-of-day), across 15 plans. A consistency rule applies: 15% on Instant; 30% on funded One Trade and Flash; none on 2-Step; 30% on funded futures and stocks Thunder; 20% at payout on Crypto Instant Funded. Exceeding it blocks payouts, not the account. News trading is conditional: allowed in 2-Step and Flash evaluations; no trading from 10 minutes before to 10 minutes after high-impact news on funded CFD accounts and Instant (staged payout penalties on 2-Step and One Trade, account closure on Flash funded and Instant); allowed on futures and stocks Thunder.
Compiled from 32 of NYS Markets's own published pages, read on 13 September 2026. Not verified by Prop Firm Pal: every value is what NYS Markets states about itself, quoted with the page it came from. A firm can change its rules at any time, so check the linked page before you pay for an account.
NYS Markets drawdown rules
NYS Markets's plans state a maximum drawdown of 3% to 10% of the account size (drawdown type: static, trailing and end-of-day), across 15 plans.
A daily loss limit of 3% to 5% is stated on 12 of 15 plans; where a plan shows a dash, no daily figure is recorded for it.
Dollar amounts are the published percentage applied to the account size.
Plan
Account size
Max drawdown
Drawdown type
Daily loss limit
Profit target
2-Step (CFDs) $10K
Account size
$10K
Max drawdown
10% ($1,000)
Drawdown type
Static
Daily loss limit
5% ($500)
Profit target
8%
2-Step (CFDs) $20K
Account size
$20K
Max drawdown
10% ($2,000)
Drawdown type
Static
Daily loss limit
5% ($1,000)
Profit target
8%
2-Step (CFDs) $50K
Account size
$50K
Max drawdown
10% ($5,000)
Drawdown type
Static
Daily loss limit
5% ($2,500)
Profit target
8%
2-Step (CFDs) $100K
Account size
$100K
Max drawdown
10% ($10,000)
Drawdown type
Static
Daily loss limit
5% ($5,000)
Profit target
8%
2-Step (CFDs) $150K
Account size
$150K
Max drawdown
10% ($15,000)
Drawdown type
Static
Daily loss limit
5% ($7,500)
Profit target
8%
2-Step (CFDs) $200K
Account size
$200K
Max drawdown
10% ($20,000)
Drawdown type
Static
Daily loss limit
5% ($10,000)
Profit target
8%
Instant (CFDs)
Account size
—
Max drawdown
5%
Drawdown type
Trailing
Daily loss limit
3%
Profit target
—
One Trade (CFDs)
Account size
—
Max drawdown
6%
Drawdown type
Static
Daily loss limit
3%
Profit target
10%
Flash (CFDs)
Account size
—
Max drawdown
4%
Drawdown type
End-of-day
Daily loss limit
—
Profit target
6%
The Thunder (Futures)
Account size
—
Max drawdown
5%
Drawdown type
End-of-day
Daily loss limit
—
Profit target
6%
The Thunder (Stocks)
Account size
—
Max drawdown
5%
Drawdown type
End-of-day
Daily loss limit
—
Profit target
6%
Turbo (Crypto)
Account size
—
Max drawdown
3%
Drawdown type
Static
Daily loss limit
3%
Profit target
9%
Pro (Crypto)
Account size
—
Max drawdown
6%
Drawdown type
Static
Daily loss limit
3%
Profit target
10%
Step 2 (Crypto)
Account size
—
Max drawdown
8%
Drawdown type
Static
Daily loss limit
3%
Profit target
8%
Instant Funded (Crypto)
Account size
—
Max drawdown
5%
Drawdown type
Trailing
Daily loss limit
3%
Profit target
—
In NYS Markets's words
Plan figures: “100K Evaluation $498 $498 Profit Target PHASE 1 8% PHASE 2 5% Consistency Target None Max Daily Loss 5% Maximum Loss 10%” nysmarkets.com/…/pricing
NYS Markets consistency rule
A consistency rule caps how much of your total profit a single trading day may account for. Here is what NYS Markets states.
Rule
What NYS Markets states
Consistency rule
What NYS Markets states
Applies — 15% on Instant; 30% on funded One Trade and Flash; none on 2-Step; 30% on funded futures and stocks Thunder; 20% at payout on Crypto Instant Funded. Exceeding it blocks payouts, not the account
In NYS Markets's words
Consistency rule: “Objetivo de Consistencia: 15% (Instant), 30% (One Trade y Flash, en la fase de Cuenta Fondeada); 2-Step no tiene.” terms.nysmarkets.com/…/cfds-essential-rules
NYS Markets minimum trading days and time limit
Rule
What NYS Markets states
Minimum trading days
What NYS Markets states
Applies — None in CFD evaluations; 5 profitable days before a funded payout (7 within 30 days on Instant); 1 trading day to pass futures and stocks Thunder
In the plan figures
What NYS Markets states
1 day
Time limit
What NYS Markets states
Applies — No time limit on the 2-Step; not stated for the other challenges
In NYS Markets's words
Minimum trading days: “Días rentables para el pago: Instant 7 en 30 días; One Trade 5 (fondeada); 2-Step 5 (fondeada); Flash 5 (fondeada).” terms.nysmarkets.com/…/cfds-essential-rules
Time limit: “Both phases have no minimum trading days and no time limit.” nysmarkets.com/…/trading-objectives
NYS Markets news trading, EA and copy trading rules
Rule
What NYS Markets states
News trading
What NYS Markets states
Conditional — Allowed in 2-Step and Flash evaluations; no trading from 10 minutes before to 10 minutes after high-impact news on funded CFD accounts and Instant (staged payout penalties on 2-Step and One Trade, account closure on Flash funded and Instant); allowed on futures and stocks Thunder
Expert advisors and automated trading
What NYS Markets states
Conditional — Only EAs the trader owns and developed for personal use; third-party, bought, rented, shared or externally managed EAs are prohibited
Copy trading
What NYS Markets states
Conditional — Only between accounts the same trader owns and trades, including their own accounts at other firms; same account size on futures and stocks; never to or from third parties
Hedging
What NYS Markets states
Not permitted
Martingale and grid strategies
What NYS Markets states
Not permitted
High-frequency and latency arbitrage
What NYS Markets states
Not permitted
In NYS Markets's words
News trading: “Applies in Live: a 10-minute window before and 10 minutes after a high-impact economic release (forexfactory.com).” nysmarkets.com/…/trading-objectives
Expert advisors and automated trading: “Puede utilizar un Expert Advisor únicamente cuando sea de su propiedad y haya sido desarrollado para su uso personal.” terms.nysmarkets.com/…/cfds-ch-2step
Copy trading: “El Copy Trading solo está permitido entre cuentas de NYS Markets que pertenezcan y sean controladas por el mismo trader.” terms.nysmarkets.com/…/cfds-ch-2step
Hedging: “Hedging o posiciones opuestas sobre el mismo instrumento, ya sea dentro de la misma cuenta o entre varias cuentas.” terms.nysmarkets.com/…/cfds-ch-2step
Martingale and grid strategies: “Estrategias Martingala o cualquier sistema basado en la recuperación que dependa de reingresos sucesivos, acumulación de posiciones o incrementos progresivos del tamaño de las posiciones” terms.nysmarkets.com/…/cfds-ch-2step
High-frequency and latency arbitrage: “HFT (High-Frequency Trading) Toxic order flow Latency arbitrage” nysmarkets.com/…/trading-objectives
NYS Markets weekend and overnight holding
Rule
What NYS Markets states
Weekend holding
What NYS Markets states
Permitted
Overnight holding
What NYS Markets states
Permitted
In NYS Markets's words
Weekend holding: “Scalping, intraday, swing trading, Expert Advisors, overnight and weekend holding are all permitted.” nysmarkets.com/…/how-it-works
Overnight holding: “Scalping, intraday, swing trading, Expert Advisors, overnight and weekend holding are all permitted.” nysmarkets.com/…/how-it-works
NYS Markets scaling plan
No automatic scaling; NYS Markets may propose a scaling plan at its discretion, and invitation-only NYS Live Scale opens after 3 completed payouts or USD 10,000 in payouts.
Rule
What NYS Markets states
Largest account size
What NYS Markets states
$200,000
Maximum allocation
What NYS Markets states
$400,000
In NYS Markets's words
Scaling plan: “No existe un escalado automático basado en el número de repartos de beneficios o los meses operados; no obstante, NYS Markets podrá, a su entera discreción, proponer al trader un plan de escalado (scaling).” terms.nysmarkets.com/…/cfds-terms-payouts
Largest account size: “NYS ofrece cuatro challenges de CFD simulados, todos ellos en MetaTrader 5 , en tamaños de cuenta de entre 10.000 $ y 200.000 $ (Instant también está disponible desde 5.000 $)” terms.nysmarkets.com/…/cfds-terms-programs
Maximum allocation: “La asignación total máxima que puedes tener en cuentas Funded de todos los Programas de CFDs al mismo tiempo es de $400,000 .” terms.nysmarkets.com/…/cfds-ch-2step
Other NYS Markets account rules
Rule
What NYS Markets states
Maximum number of accounts
What NYS Markets states
Applies — Unlimited evaluation accounts; funded allocation capped at $400,000 on CFDs and on crypto, $300,000 on futures and on stocks
Prohibited instruments
What NYS Markets states
Not stated on the pages we read
Account sharing
What NYS Markets states
Conditional — Prohibited unless expressly approved in writing
Inactivity
What NYS Markets states
At least one trade every 30 days; an account with no trades for 30 days may be closed
Resets
What NYS Markets states
Reset prices are shown at checkout; on crypto, phase 1 and Instant Funded resets cost less than the account and phase 2 and funded resets cost more
In NYS Markets's words
Maximum number of accounts: “Puedes comprar y mantener tantas cuentas Challenge (Evaluación) como quieras.” terms.nysmarkets.com/…/cfds-ch-2step
Account sharing: “Queda prohibido vender, alquilar, prestar, transferir o compartir credenciales, permitir que otra persona opere, adquirir una Cuenta de otro participante o utilizar servicios de gestión de cuentas de terceros, salvo que se apruebe expresamente por escrito.” terms.nysmarkets.com/…/cfds-terms-general
Inactivity: “An account with no trades for 30 days may be closed.” nysmarkets.com/…/trading-objectives
Resets: “Los resets de fase 1 e Instant Funded cuestan menos que el precio de la cuenta; los resets de fase 2 y de cuenta fondeada cuestan más.” terms.nysmarkets.com/…/crypto-instant
Not found on NYS Markets's pages
These were not stated on the pages of NYS Markets's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.
time limits on the One Trade, Flash, Thunder and crypto challenges
the trading platform for futures and stocks accounts
which instruments, if any, are prohibited
FAQs
What are NYS Markets's drawdown rules?
NYS Markets's plans state a maximum drawdown of 3% to 10% of the account size (drawdown type: static, trailing and end-of-day), across 15 plans.
Does NYS Markets have a consistency rule?
Yes. 15% on Instant; 30% on funded One Trade and Flash; none on 2-Step; 30% on funded futures and stocks Thunder; 20% at payout on Crypto Instant Funded. Exceeding it blocks payouts, not the account.
Does NYS Markets have a scaling plan?
Yes. No automatic scaling; NYS Markets may propose a scaling plan at its discretion, and invitation-only NYS Live Scale opens after 3 completed payouts or USD 10,000 in payouts.
Does NYS Markets allow news trading?
Only under conditions. Allowed in 2-Step and Flash evaluations; no trading from 10 minutes before to 10 minutes after high-impact news on funded CFD accounts and Instant (staged payout penalties on 2-Step and One Trade, account closure on Flash funded and Instant); allowed on futures and stocks Thunder.
Does NYS Markets allow EAs and automated trading?
Only under conditions. Only EAs the trader owns and developed for personal use; third-party, bought, rented, shared or externally managed EAs are prohibited.
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