FOREXPOPULAR2-phase evaluation

NEO DUO

The classic 2-Step rhythm – 8% then 5% – with static virtual loss limits that never trail you and no Consistency Rule capping your best day.

NEO DUO is our most popular 2-Step simulated forex evaluation on MetaTrader 5 – an 8% Evaluation Goal in Phase 1 and 5% in Phase 2, static 5% daily and 8% max virtual loss limits, and balances from $5K to $100K.

  • Refundable evaluation fee
  • Up to 90% Reward Coefficient
  • Performance Rewards available once criteria are met

Your Fee Comes Back

Your evaluation fee is refunded with your second simulated Performance Reward. Pass the challenge, trade your strategy, and the fee comes back to you.

Refunded on second Performance Reward Unlimited retakes Transparent rules
  • 80%Reward CoefficientYour share of simulated gains once reward criteria are met
  • 8% → 5%Evaluation GoalThe only benchmark between you and the funded stage
  • 8%Max drawdownThe hard floor your simulated equity must protect
  • 1:50LeverageEnough room to size positions with precision
  • $73FromOne-time fee – refunded with your second Performance Reward

Why this plan

Every rule in this plan is a lever. Here is what each one does for you.

No Consistency Rule

One strong day can never disqualify you.

Static virtual loss limits

( 5% daily / 8% max ) that never trail your equity.

Weekend and overnight holding permitted

So swing and position styles have room to breathe.

5% Evaluation Goal

In Phase 2.

Select Account Size

Fee$273Evaluation fee for a $25K simulated account
Evaluation GoalP1: 8%P2: 5%
Max drawdown8%
Daily drawdown5%
Reward Coefficient80%
Leverage1:50
Min. trading days4
PlatformsMetaTrader 5
Performance Reward frequencyBi-weekly (every 14 days)
Start evaluation
  • Refundable evaluation fee
  • Unlimited retakes
  • Bi-weekly (every 14 days)

Secure checkout – refunded on second Performance Reward.

How rewards are calculated

Reward Coefficient Illustration

A look at your share of a 10% simulated gain at each account size, at the maximum Reward Coefficient.

Account SizeFee10% GainYour Share
$5K$73$500$400
$10K$138$1,000$800
$25K$273$2,500$2,000
$50K$410$5,000$4,000
$100K$810$10,000$8,000

Illustrative only. Rewards are performance-based and paid from simulated profits, not guaranteed outcomes.

How the numbers work

How the NEO DUO numbers work

NEO DUO is a 2-step prop firm challenge built on the rhythm most Participants already know – and with no Consistency Rule capping your strongest day.

Evaluation Goals8% → 5%

In Phase 1 the goal is 8% of the simulated starting balance – $2,000 on a $25K account – and Phase 2 eases to 5%, each phase over a minimum of 4 trading days.

Virtual Loss Limits5% / 8%

Both limits are static and measured from your initial balance – 5% daily and 8% maximum – so they never trail your equity upward.

Reward Coefficient80% / 90%

In the funded stage it converts simulated gains into your Performance Reward: a Recognition Tier of 80% by default, with a 90% tier available, on a 14-day Reward Cycle.

Simulated balances$5K – $100K

The range of starting balances on this simulated funded account evaluation.

One-time feefrom $40

Refunded with your second Performance Reward.

Rewards on this simulated funded account evaluation are always performance-based, never guaranteed.

Trading Rules

What's allowed

  • News trading allowed
  • Expert Advisors (EAs) allowed
  • Weekend holding allowed
  • Hedging not permitted

Key conditions

  • Max daily drawdown: 5%
  • Max total drawdown: 8%
  • Minimum 4 trading days
  • No martingale or grid strategies

Who Is NEO DUO For?

NEO DUO is our most popular plan, and it is easy to see why: a familiar 2-Step simulated forex evaluation with static risk limits and no Consistency Rule to second-guess. If you like the classic two-phase rhythm and room to trade your own way, this one was built for you.

  • Participants who prefer the classic two-phase structure: 8% in Phase 1, then an easier 5% in Phase 2
  • Swing and position Participants – both weekend and overnight holding are permitted
  • Those who dislike best-day caps: NEO DUO has no Consistency Rule
  • Anyone targeting balances from $5K to $100K and a Recognition Tier of 80% or 90%

How NEO DUO Works

NEO DUO follows a rhythm most Participants already know: two clear phases on a simulated account, and then the funded stage. Nothing exotic, nothing hidden, just two goals to reach and steady limits that never move under your feet. Here is how it plays out.

Setup

  • Choose the balance that suits you, anywhere from $5K to $100K.

Evaluation

  • Phase 1: reach the 8% Evaluation Goal over a minimum of 4 trading days.
  • Phase 2: reach an easier 5% Evaluation Goal, again with a 4-day minimum.
  • Stay inside the static limits: a 5% Daily Virtual Limit (resets at 00:00 UTC) and an 8% Max Virtual Limit, both measured against your initial balance – there is no trailing.

Funded stage

  • Record 3 Profitable Days, then request your Performance Rewards on a 14-day Reward Cycle with a minimum of $100, at an 80% or 90% Reward Coefficient.

Why Choose NEO DUO?

NEO DUO earns its place as our most popular plan the honest way: predictable static limits and real freedom in how you trade. You are not fighting a moving target or a best-day cap, you are just trading your plan.

Why traders choose it

  • No Consistency Rule – one strong day can never disqualify you.
  • Static virtual loss limits (5% daily / 8% max) that never trail your equity.
  • Weekend and overnight holding permitted, so swing and position styles have room to breathe.
  • An easier 5% Evaluation Goal in Phase 2.
  • Recognition Tiers of 80% or 90%, a 14-day Reward Cycle, and MetaTrader 5 with EAs and copy trading permitted.
Start Today

Pass the Evaluation Up to $150K –Start in Minutes

Pass one evaluation. Trade a simulated funded account. Earn up to a 90% Reward Coefficient on your simulated performance. Receive your Performance Reward in ~8 hours on average.

  • One-time fee
  • Refundable on second Performance Reward
  • No subscription

FAQ

NEO DUO is a 2-Step evaluation on a simulated account: an 8% Evaluation Goal in Phase 1 and 5% in Phase 2. Each phase requires a minimum of 4 trading days and 4 Profitable Days.
Proprietary trading is when Participants use a firm's capital instead of their own. At NEOM Funded, you trade with simulated capital and can earn performance-based rewards. This allows talented Participants to access larger account sizes without personal financial risk.