How Trader Evaluation Accounts Work
Understand reserved funds, UTC daily limits, protected balances and qualifying profit with fictional examples.
Private evaluation · virtual funds
Understand the account before you submit a ticket.
NovaTide’s authorised evaluation checks decisions against locked account rules. This walkthrough explains the existing default preset. Your assigned account may have different owner-approved rules, which remain authoritative.
- 01Read locked rules
- 02Follow the ledger
- 03Check limits
- 04Understand qualification
18+ learning material. Every case study, price and probability in these workshops is fictional unless explicitly labelled otherwise. These exercises do not place bets, reserve account funds, or establish that a strategy is profitable. Set affordable time and money limits; taking no bet is a valid decision.
How access works
A public lesson is not an evaluation account.
An owner must authorise a participant for a specific private challenge and share the relevant research and quotes. The public Academy cannot create that account, allocate funds, reserve stakes or submit a challenge ticket. The workshops on these pages are separate arithmetic exercises.
- Confirm your assigned stage, starting virtual capital, ticket limit, daily cap and protected floor.
- Use the exact shared fixture, market and quote. Preview stake, total return, net profit and the exposure already open.
- Record reasoning and submit before the earliest kickoff. Late or invalid requests are rejected and audited.
- Wait for recorded outcomes. A provider delay can leave a ticket pending; it is not a settled win.
- Review sample, days, qualifying profit and rule breaches together. Stage progression requires owner review.
Interactive account walkthrough
Available, reserved and equity are different numbers.
- Available
- £100.00
- Reserved
- £0.00
- Available + reserved
- £100.00
- Settled net profit
- £0.00
A fresh default Stage 1 account starts with £100 in virtual capital. The day’s stake allowance is £10. No ticket has been submitted, and no profit or sample criteria are met.
Default two-stage preset
Passing requires more than a profit target.
| Rule | Stage 1 default | Stage 2 default |
|---|---|---|
| Fresh virtual starting capital | £100 | £100 |
| Qualifying-profit target | £20 | £10 |
| Minimum settled tickets | 12 | 8 |
| Minimum UTC activity days | 6 | 4 |
| Maximum stake per ticket | £10 | £10 |
| Daily stakes cap | 10% of adjusted starting capital | 10% of adjusted starting capital |
| Maximum loss allowance | 20% of adjusted starting capital | 20% of adjusted starting capital |
| Maximum contribution of one winning ticket | £10 toward qualification | £5 toward qualification |
| Outstanding submissions | All must be settled | All must be settled |
There is no default minimum odds requirement, forced accumulator requirement or calendar deadline in this preset. That does not remove the minimum ticket and activity-day samples. Owners can configure challenges, and adjustments to capital can scale the configured limits and target. Trading wins alone do not increase the stage’s starting-capital basis.
These product details were checked against NovaTide’s existing project-challenge service on 11 November 2026. This lesson does not change the product rules, grant access or demonstrate that your own account has those settings.
Review before progression
Use the record to explain your decisions.
A pending ticket may be cancelled before its earliest kickoff under the existing challenge rules, releasing reserved funds. Once kickoff locks cancellation, a user cannot cancel simply because the match is going badly. Settlement still depends on recorded results and the product’s rules.
Ask about authorised evaluation access ↗