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7901 4th St N Ste 300, St. Petersburg, FL 33702, United States

United States

2026-10

After the three Ascension cycles you move to a Live account with Midgard's real capital, starting at $1,000 to $4,000 by size. Minimum balance: 30% of the highest end-of-day balance, which only rises; if equity touches it, the account is liquidated. No targets or payout caps. It requires extra verification (proof of address, phone and tax ID) and the trader pays their own market data.

After five payouts the account is reviewed for a possible live transition; it is not automatic. Initial accounts use simulated capital.

• Raid: once per CME session; after a payout, wait for the next session (6 PM ET).
• Conquest: after 5 days at the minimum daily profit ($200, $250, $300 and $350 by size) and total profit of at least 5 times that minimum.
• Ascension: one bounty each completed cycle.

Every 5 days; five payouts before account review.

Paid as soon as you confirm an eligible request. It can be held while your latest fills are checked (about 15 minutes) or while the account is under review.

• Raid Light Armor: $1,000, $1,500, $2,000 and $2,500 per request (25K to 150K).
• Raid Plated: $10,000 per request on every size.
• Conquest: up to 50% of profit, capped at $1,000, $1,500, $2,000 and $2,500 on Light Armor and $2,500, $5,000, $7,500 and $10,000 on Plated.
• Live: no cap.

One and Signature: 5% of balance up to 75K and 4% on 100K and 150K. Instant: 5% at all sizes.

$250 per request on Raid and Conquest. Ascension pays fixed bounties.

One and Signature: $100. Instant: $500.

• KYC with Sumsub (ID and facial check) before the first payout.
• Payouts go through Rise or Dots, which ask for their own onboarding and tax forms.
• Microscalping: at most 50% of trades or profit since the last payout can come from trades under 12 seconds.
• Raid: the buffer must stay intact after each payout.
• Light Armor: you can only withdraw profit made since the last payout. Plated: the same, but only after a payout taken while profit was above the cap.

Positive net profit across the payout cycle. KYC and Trader Agreement. Shared wallets are not accepted; failed KYC means forfeiture of gains and account closure. Optional store credit is irrevocable and expires after one year.

Liquidity-provider commissions vary by instrument and platform; check specifications.

Up to 3 resets per Trial account, bought manually. They restore the starting balance and erase the account history. Non-refundable.

PLAT End-of-Day Drawdown boost: a Trial bought with it trails the highest end-of-day balance instead of intraday equity. Its price is not public.

Remove Lock on Payout: +25%, Signature and Instant. Payout Protector: +25%, Signature only. Optional add-ons; checkout indicates they are included in renewal.

Intraday trailing: it follows the highest equity, unrealized profit included. On the Trial it locks at the profit target. Once funded it locks at the starting balance when profit reaches the buffer, which equals the drawdown. Losses and payouts reduce it dollar for dollar; at zero the account fails.

End-of-day trailing. Signature and Instant: the threshold retains its pre-payout level after a payout, unless Remove Lock on Payout is purchased. Papaya One has no lock on payout since 6 November 2026.

80% on Raid and Conquest. Ascension pays fixed 100% bounties.

No daily loss limit.

Up to 5 active accounts at once, Trial or funded: $750,000 with five 150K accounts.

Raid only: the buffer equals the account drawdown and only profit above it can be withdrawn. Conquest has no buffer.

One: none. Signature: 3%. Instant: 4%.

5 active accounts at once and no more than 20 new funded accounts in any 30 days.

No fixed count; the $1 million limit is shared across evaluations, funded accounts and markets.

No deadline, but you must trade at least once every 28 days.

No evaluation deadline; the inactivity limit applies.

• Trial: 3 days on Light Armor and 5 on Plated.
• Ascension: 5 days per cycle, not necessarily in a row.

No activation fee on purchased accounts. Free accounts (100% code, gift or giveaway) may pay a one-time activation when moving to funded: $49 on Light Armor and $99 on Plated.

Instant: monthly subscription from the funded account. The reviewed sources do not publish a One or Signature activation fee.

PLAT: points for purchases, milestones and promotions, which can also be bought. They cannot be withdrawn, have no cash value and are reversed if the purchase is refunded.

• Conquest: 5 days at the minimum daily profit for its size.
• Raid and Ascension: none.

One: 5 days with at least $100/150/200/250/300 on 25/50/75/100/150K. Instant: 5 days according to checkout. Signature: no explicit confirmed requirement.

One-time fee per account, no subscription or rebills. You pick the platform at checkout.

Monthly subscription; platform prices are listed in each challenge.

Bots, AI execution and mass order entry are forbidden.

The FAQ permits proprietary automation subject to restrictions, but the checkout catalogue flags EAs as disallowed. Obtain written confirmation for the selected plan and platform before using automation.

Permitted within one account. Coordinated opposing positions across accounts or firms are prohibited.

Trades under 12 seconds count as microscalping and cannot exceed 50% of trades or profit. Tick scalping is forbidden.

Tick harvesting, full porting and sub-minute positions at or near the contract limit are prohibited.

Contract limit by account size, in minis or micros.

No universal per-trade percentage is published; gambling, all-in and abuse of margin, leverage or contract limits are prohibited.

Only between your own Midgard accounts. Copying other traders or signal services is forbidden.

Only between accounts owned by the same trader. Signals, passing services, group trading and EAs facilitating copy trading are prohibited.

Free on the Trial. Once funded, stay flat from 2 minutes before to 2 minutes after NFP, CPI and FOMC; other news is free.

Existing positions may remain open. No opening or closing within 3 minutes before or after high-impact news. Consequences include P&L removal, reduced leverage or account termination.

At least one trade every 28 days, counted from purchase or the last reset. Otherwise the account is closed with no refund; they email about 5 days before.

Account closes after 30 consecutive days without trading.

40% on the Trial only: the best day cannot exceed 40% of profit. You need the target or the best day divided by 0.4, whichever is higher. None once funded.

One: 40% in evaluation and funded. Signature: 50% in both. Instant: 20%. If the best day exceeds the allowed share of total profit, continue trading until compliant.

• Bots, AI or mass order entry
• One- or two-tick tick scalping
• Exploiting simulated fills: rapid-fire orders, gaps, slippage-free stops, tight brackets and auto-breakeven
• Latency arbitrage or price errors
• Hedging across accounts and opposite positions in correlated products (NQ and MNQ)
• Martingale or averaging down
• Copying other traders or trading for others
• VPN, proxy or an external or slow data feed

Cross-account arbitrage, latency or pricing-error exploitation, insider trading, front-running, third-party passing strategies and changing strategy between evaluation and funded trading. All-in, gambling and excessive exposure are prohibited. Trading is reviewed before funded account issuance.

Everything is flattened automatically at 4:45 PM ET and you stay flat until the 6:00 PM ET reopen.

Close before the platform session ends.