Prove your discipline under professional risk rules and earn access to real internal capital. Successful traders are certified and become eligible for capital allocation directly from MK Capital Circle. All funding is internal and performance-based. No external investors are involved.
Details
Account Size
$20,000
Daily Loss Limit
2%
Maximum Total Loss
10% (Static)
Profit Target (Phase 1)
8%
Profit Target (Phase 2)
5%
Minimum Trading Days
3 Days
Maximum Trading Days
Unlimited
News Trading
Allowed
Weekend Holding
Allowed
EA / Bots
Not Allowed
Payout
Instant After Approval
Challenge Fee
$49.99 (One-time)
You must demonstrate the ability to:
• Respect loss limits.
• Control emotions.
• Trade consistently.
• Protect capital.
• Follow rules under pressure.
This allows traders to operate under execution conditions they have already tested and trust.
To enable performance monitoring, traders must provide:
Trading passwords must never be shared.
The following actions are strictly prohibited and will result in certification failure:
At MK Capital Circle, accounts are monitored by system alerts and manually reviewed for accuracy.
Please understand clearly:
• The moment you violate a rule, your account is considered terminated.
• This applies even if you receive the notification later.
• Notifications are only confirmation, not the trigger.
Process flow:
• Once a rule is violated, we receive a system alert.
• Our team manually reviews the account to confirm the breach.
• After verification, we send the account termination confirmation email.
• Due to this review process, there may be a short delay in email confirmation.
As traders operate on their own broker:
• We cannot instantly stop trading activity.
• Any trades placed after a rule violation have no validity.
• Your account is already considered disconnected at the moment of breach.
We don’t rely only on automated systems — our team double-checks every case manually to ensure accuracy and fairness.
MK Capital Circle does not control or influence:
All execution-related conditions and technical issues are the sole responsibility of the trader and their chosen broker. Broker-related issues do not qualify for rule exceptions or adjustments.
All certification phases are conducted in a simulated trading environment.
This structure ensures fair evaluation, full transparency, and professional capital allocation.
Phase 1 — Profit Target (MK Certification Challenge)
Trader Responsibility
• All trades must be manually closed once the profit target is reached.
• The system will not automatically close trades.
• If the profit target is reached but positions are left open and the account moves back into a loss, the trader is fully responsible for the loss.
This rule ensures discipline, active risk management, and accountability while achieving the profit target.
Phase 2 — Profit Target (MK Certification Challenge)
• Profit target: 5% of the initial account balance ($20,000) → $1,000
• Important: Hitting the profit target alone is not sufficient.
Trader Responsibility
• All trades must be manually closed once the profit target is reached.
• The system will not automatically close trades.
• If the profit target is reached but positions are left open and the account moves back into a loss, the trader is fully responsible for the loss.
This ensures active risk management, discipline, and accountability while completing Phase 2.
Daily drawdown is calculated based on the start-of-day equity and includes both floating losses and closed losses. Daily drawdown also includes all trading-related costs, including commissions, swaps, and fees. The daily drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the daily drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
The daily drawdown for demo certification challenge is fixed at 2% of the initial account balance and resets at the start of eachtrading day.
The daily loss limit applies to both floating (unrealized) and closed losses at all times during the trading day.
If the trader generates a $200 profit during the trading day, the maximum allowable loss for that same day temporarily increases to $600.
Example 2: Profitable Trade Followed by Losses
The daily drawdown limit at 2% is $400.
• The first trade closes in profit at +$400, increasing the account balance to $20,400.
• Despite this profit, the maximum allowable loss for the day remains $400, because the daily drawdown is always calculated from the original $20,000 starting balance, not the increased balance.
When entering the next trade, the floating loss must not exceed $400 at any time. To avoid accidental violations due to spread or slippage, traders are strongly advised to close trades around $380 as a safety buffer.
The trader may then enter a third trade. If this third trade reaches a loss of $400, the account equity drops to $19,600, which represents the maximum dailydrawdown allowed for that trading day.Any loss beyond this level will result in an immediate daily drawdown violation.
A total loss of $800 after a $400 profit must occur across two separate trades,not within a single trade. A single trade losing $800 after a profitable trade is not permitted, as it would cause the equity to fall below $19,600 in one movement, violating the daily drawdown rule.
A trader starts the trading day with a $20,000 demo account.
The daily drawdown limit at 2% is $400.
For the new trading day:
• Starting balance: $19,700
• Maximum allowable daily loss: $400
• Equity must not fall below: $19,300
• Daily drawdown applies to both floating and closed losses.
• If the daily loss limit is reached, trading must stop for the remainder of the day.
• Account balance: $20,000
• One open trade gains $400, balance becomes $20,400 at the end of the day.
• Account balance: $20,000
• One open trade gains $400, balance becomes $20,400 at the end of the day. The next day, the new daily loss limit remains $400.
• If that trade then moves against the trader back toward $20,000, the trade must be closed before the balance hits $20,000.
• Once closed, the trader must stop trading for that day and wait for the next day’s session to resume.
Daily Risk Lock — Live Internal Capital
After successfully passing Phase 1 and Phase 2, traders become eligible to trade MK Capital Circle’s internal live capital. Internal live capital means you are trading under MK Capital Circle’s capital system with real risk management rules, designed to simulate and support real trading conditions.
Certified traders operating with MK Capital Circle’s internal capital are protected by a Daily Risk Lock system. This mechanism is designed to protect capital and support long-term trader performance, not to punish single-day losses.
How the Daily Risk Lock Works
• A fixed daily risk limit of 5% is applied to all internal capital accounts.
• The limit is calculated based on the allocated internal capital amount.
• When the daily risk limit is reached, trading is automatically disabled for 24 hours.
• No account termination occurs due to a single daily risk event.
• Trading access is automatically restored after the lock period.
If a certified trader is allocated $1,000 in internal capital:
• Daily Risk Lock (5%) = $50
• If the trader incurs a $50 loss within the trading day, trading will be locked for the next 24 hours.
• The account remains active and funded.
• No termination or penalty is applied.
Traders who repeatedly trigger the Daily Risk Lock or demonstrate consistent losses may be subject to:
• Capital reduction.
• Trading review.
• Certification status reassessment.
Total Drawdown Rule — MK Certification Demo Challenges($20,000)
The total drawdown of 10% applies only to MK Certification Challenge phases (Phase 1 and Phase 2), not to funded (MK Live internal capital) accounts. Total drawdown represents the maximum allowable loss on a certification challenge account and is calculated based on account equity, including both floating (unrealized) and closed losses, at all times.
The total drawdown is fixed at 10% of the original starting balance and is static, meaning it does not trail or adjust with profits. The account equity must never fall below 90% of the original starting balance.
Traders are solely responsible for monitoring account equity in real time. All trades must be actively managed and closed before the total drawdown threshold is reached. Violations caused by market volatility, slippage, spread widening, execution delays, or technical conditions will
still be considered valid breaches.
Example — $20,000 Certification Challenge (Phase 1 & 2)
• Maximum total drawdown (10%): $2,000
• Minimum allowable equity: $18,000
Traders who successfully pass Phase 1 and Phase 2 become eligible to trade MK Capital Circle’s internal live capital.
MK Live Internal Capital accounts do not operate under a fixed total drawdown limit. Instead, capital protection is achieved through a combination of Daily Risk Lock controls and performance-based monitoring.
A Daily Risk Lock of 5% is applied to all live internal capital accounts. This mechanism is designed to prevent excessive losses, overtrading, and gambling behavior while supporting long term trading consistency.
In addition to the Daily Risk Lock, traders must maintain acceptable performance standards over
time.
Monthly Risk Rule — MK Internal Capital (22-Day Cycle)
This rule operates similar to the daily drawdown rule, but on a 22 trading-day cycle.
Please understand clearly:
• If you reach a 30% total loss within a 22 trading-day cycle, you must stop trading immediately, otherwise your account will be terminated.
• If you record 7 consecutive losing trading days (no profit in between) within a 22 trading-day cycle, you must stop trading immediately, otherwise your account will be terminated.
Reset & Continuation
• Once the 22 trading-day cycle is completed, the restriction is lifted.
• Your account remains active (not terminated).
• You may resume trading on the same account.
• A new cycle begins with a fresh 30% risk limit and the 7 consecutive loss rule resets for the next 22 trading days cycle.
clear one-liner
30% loss or 7 losing days in 22 trading days = stop trading
Trade after that = account termination
Resume only after 22-day cycle reset
The 22 trading-day performance cycle begins on the date the trader places their first live trade on the internal capital account. Loss calculations remain active throughout this cycle.
Example — $2,000 MK Live Internal Capital (22-Trading Day Cycle)
• Account Size: $2,000
• Max Loss Limit (30%): $600
• Cycle Start: 2 February
• Cycle End: 3 March (22 trading days)
🔴 Scenario 1 — 30% Loss Hit
• Trader starts on 2 Feb
• By 15 Feb, total losses reach -$600 (30%)
Result:
• Trader must STOP trading immediately on 15 Feb.
• If trader continues trading after this → account will be terminated.
• Account remains inactive until 3 March.
🔴 Scenario 2 — 7 Consecutive Losing Days
• Trader trades:
• 2 Feb → Loss ❌
• 3 Feb → Loss ❌
• 4 Feb → Loss ❌
• 5 Feb → Loss ❌
• 6 Feb → Loss ❌
• 7 Feb → Loss ❌
• 8 Feb → Loss ❌
7 losing days in a row (no profit in between)
Result:
• Trader must STOP trading on 8 Feb.
• If trader continues → account will be terminated.
• Account remains inactive until 3 March
After 3 March (Cycle Reset)
• Trader can start trading again on same account
• New cycle begins:
• Fresh $600 (30%) loss limit.
• 7 losing days rule resets.
Simple Understanding
• Start: 2 Feb
• Stop trading if rule hit anytime
• Wait until: 3 March
• Then trade again
If cumulative losses exceed -$600 at any point before March 3, or if a trader records more than 7 consecutive losing trading days (no profit in between) before March 3:
• Trading access is suspended.
• MK Certified Trader status is revoked.
• The account will be terminated.
• The trader may reapply through the MK Certification Challenge.
If cumulative losses reach approximately -$580, or if a trader records 7 consecutive losing trading days (no profit in between), traders are strongly advised to stop trading for the remainder of the 22 trading-day cycle.
Once the cycle is completed, trading may resume under the same performance and risk policies for the next cycle.
Important Notes
• No immediate account termination occurs due to a single loss event.
• Daily Risk Lock remains active at all times.
• Performance reviews are conducted to ensure long-term stability.
News trading is allowed
Traders may open, close, and hold positions during high-impact news events.
News trading is not allowed:
• Trades may be held through news events.
• Trades must NOT be opened or closed within 15 minutes before or after a high-impact news release.
• The restriction applies only to the currency directly affected by the news.
• Forex Factory is used as the official news calendar.
Any trade opened or closed in violation of this rule will be considered a rule breach.
During this process:
• Identity verification (KYC) is completed.
• All trading activity from Phase 1 and Phase 2 is manually reviewed.
• Trading behavior is assessed to ensure discipline, consistency, and rule compliance.
This verification process typically takes up to two (2) business days. Once approved, traders become eligible for MK Live Internal Capital allocation.
Payouts are instant.
Profit sharing on MK Internal Capital is performance-based and determined by the trader’s discipline, consistency, and risk management.
• Profit splits start from 50% and may increase up to 100%.
• Higher profit shares are awarded to traders who demonstrate consistent profitability, strict risk control, and adherence to all trading rules.
• Capital allocation and profit share may increase over time based on verified performance.
Weekend holding is allowed. Traders may keep positions open over weekends.
MK Internal Capital
Weekend holding is not allowed
• All trades must be closed before the market closes on Friday.
• Any trades left open over the weekend will be considered a rule violation.
The challenge is not about speed. It is about proving you can: