Purdia Capital Prop Firm Trading Rules

Purdia CapitalPurdia Capital is a proprietary trading firm that offers traders access to capital through various evaluation programs. With a focus on flexibility, transparency, and trader development, Purdia Capital prop firm provides opportunities for traders following their trading rules at all levels to grow and succeed in the financial markets. 

Evaluation Programs

Purdia Capital offers several evaluation programs tailored to different trader experience levels and goals:

Standard Evaluation

• Account Sizes: $50,000 and $100,000
• Profit Targets: $3,000 (50K), $6,000 (100K)
• Max Drawdown: $2,000 (50K), $3,000 (100K)
• Drawdown Type: End-of-Day (EOD)
• Minimum Trading Days: 5
• Profit Split: Starts at 70/30, can increase to 90/10
• Trading Platforms: Tradovate, NinjaTrader, TradingView

Pro Evaluation

• Account Size: $100,000
• Profit Target: $6,000
• Max Drawdown: $3,000
• Drawdown Type: Intraday
• Minimum Trading Days: 5
• Profit Split: 90/10

Fast Track Evaluation

• Account Size: $100,000
• Profit Target: $6,000
• Max Drawdown: $3,000
• Drawdown Type: Intraday
• Minimum Trading Days: 5
• Maximum Calendar Days: 15

Beginner Evaluation

• Account Sizes: $10,000 and $25,000
• Structure: Two-step evaluation with free resets in Step 1
• Purpose: Designed for novice traders to learn and grow with minimal risk 

Live Funded Accounts (LFA)

Upon successful completion of an evaluation, traders transition to a Live Funded Account with the following features:

• Profit Split: Up to 90/10
• Daily Loss Limit: 33% of available drawdown, customizable with risk manager
• Trailing Max Drawdown: Static at breakeven plus $100
• Payouts: Available after 10 trading days and reaching profit target; processed within 24 hours
• Withdrawal Methods: Bank transfers (no fees) and PayPal (fees apply)
• Risk Management Support: Assigned personal risk manager for performance reviews and strategy discussions
  

Purdia Capital Prop Firm Trading Rules 

To maintain fairness, professionalism, and consistency across all traders and accounts, Purdia Capital enforces specific trading rules that every participant must follow, whether you’re in the Evaluation Phase or trading a Live Funded Account (LFA). These rules are designed to build disciplined trading habits and ensure traders are fit to manage real capital responsibly.

Let’s break them down in full:

Permitted Trading Hours

Purdia Capital has clearly defined trading hours to minimize risk during low liquidity periods and protect traders from erratic price action in off-market sessions.

Trading Window:

• You can trade from the market open until 3:45 PM Central Time (CT).
• Trading resumes again at 5:00 PM CT after the short break.

Key Rule:

All open trades must be closed by 3:45 PM CT every day. Holding positions beyond this time will result in a violation, which can lead to an evaluation failure or closure of a funded account.

This applies to all account types unless otherwise stated. Overnight positions are not permitted, and consistency with this rule is crucial.

Economic News Trading

One of the standout benefits of Purdia Capital is its flexibility regarding high-impact news releases.

News Trading is Allowed

Unlike many prop firms that restrict trading during major news events like NFP, CPI, or Fed announcements, Purdia allows you to trade during economic news releases.

This is a big plus for skilled traders who excel in volatility and understand how to manage risk around news events.

Important Tip: While permitted, it’s essential to trade cautiously during high-impact events to avoid excessive slippage or triggering the drawdown limits.

Risk Management Rules

Purdia Capital enforces two core risk-related rules to help traders maintain discipline and manage losses efficiently:

Trailing Max Drawdown (TMD)

• The TMD rule helps the firm manage risk by tracking a trader’s equity peak.
• It is dynamic during the evaluation and locks in once you hit breakeven plus $100 on a funded account.

How It Works:

• The TMD follows your highest account balance until it reaches the profit target.
• If your account equity falls below the trailing threshold at any point, you fail the evaluation.
  

On a Live Funded Account, the TMD becomes static at:

• Breakeven + $100, meaning it no longer follows your balance but remains fixed.
  

Daily Loss Limit (DLL)

• The DLL is 33% of the trader’s drawdown allocation (for example, $1,000 of a $3,000 total drawdown).
• Once this daily loss threshold is reached, trading is locked for the day to prevent further losses.

However, this does not lead to failure of the evaluation or funded account. Instead, it serves as a cool-down mechanism, helping traders reset and return the next day.

Traders can customize their DLL using Purdia’s Risk Manager feature to set daily boundaries tailored to their strategies.

Prohibited Strategies

To ensure fairness and real trading skill, Purdia has strict rules regarding the use of automated or unfair trading methods:

The following are not allowed:

• Fully automated “set-and-forget” bots
• 24/7 hands-free systems
• Third-party signal copier systems that trade without manual oversight
• Latency arbitrage, reverse arbitrage, or tick scalping exploits
• Trading styles that violate CME group’s order flow rules or create artificial volume

Real-time human oversight is required. You must actively manage trades during live sessions. Purdia promotes manual or semi-automated discretionary trading, not hands-free bot strategies.

Scaling Rule (Funded Accounts)

Purdia doesn’t enforce a rigid scaling rule in the evaluation, but once you transition to a Live Funded Account, you’re encouraged to scale responsibly.

The firm provides a scaling plan that adjusts your lot size and position sizing based on:

• Account size
• Consistent profitability
• Historical risk-to-reward performance
• Conversations with your assigned Risk Manager
  

This helps protect your capital while giving room for account growth as you prove your consistency.

Weekly Trading Requirement

While not heavily enforced across all evaluations, once you’re funded, it’s expected that traders:

• Remain consistently active
• Place at least one trade per week (recommended)
• Stay engaged with their risk manager

Failure to remain active may result in account review or suspension, especially if the trader becomes idle for prolonged periods without explanation.

Conclusion

Purdia Capital prop firm stands out in the proprietary trading landscape by offering diverse evaluation programs, flexible trading rules, and robust support systems. With options catering to both novice and experienced traders, Purdia Capital provides a comprehensive platform for traders to develop, perform, and succeed in the financial markets.

Frequently Asked Questions (FAQs)

Can I trade during economic news events?

Yes, Purdia Capital allows trading during economic news events across all account types. 

What happens if I hit the Daily Loss Limit?

Reaching the Daily Loss Limit will halt trading for the day but does not result in evaluation failure.

Are there any prohibited trading strategies?

Yes, fully automated, “set-and-forget,” or 24/7 systems without real-time human management are prohibited.

How are payouts processed?

Payouts are available after 10 trading days and reaching the profit target. They are processed within 24 hours via bank transfers (no fees) or PayPal (fees apply).

What platforms can I use for trading?

Purdia Capital supports Tradovate, NinjaTrader, and TradingView.

Is there a scaling plan available?

Yes, traders demonstrating consistent performance and effective risk management can benefit from Purdia Capital’s scaling plan, which offers increased position sizes and higher profit potential.