PRODUCTS & TRADING RULES

Legacy Programmes

Legacy Programmes are earlier NEOM Funded programmes and product editions that have been discontinued and are closed to new purchases. If your account belongs to one of them, it keeps the rules of its own edition. This article explains what that means, lists the programmes with their main limits and tells you where to find all their parameters.

What Legacy means for your account

  • No new purchases. Legacy Programmes can no longer be bought. New accounts are only available on the current products: NEO NOVA, NEO DUO, NEO EXPRESS and NEO ACCESS.
  • Your account keeps its rules. The Plan Specification that applies to an account is the one in force when it was purchased. The parameters of every Legacy Programme are kept in Annex B of the Plan Specification, and Annex B of the Terms also applies.
  • Trailing limits included. Where Annex B gives your programme a trailing Daily Virtual Limit or Max Virtual Limit, your Legacy account keeps it. The Static limits of the current products do not replace the rules of your edition.
  • Migrated accounts too. If your account was migrated, for example transferred from TradeLocker to MetaTrader 5, it keeps its product and the rules of its edition.
  • No retroactive changes. Any change to a Legacy parameter is published in the Plan Specification and does not apply retroactively to accounts already paid for (Terms, Annex B.4).
  • No closure without notice. There is no fixed end date. If a Legacy Programme is discontinued, you are notified by email at least 30 calendar days in advance and can choose between a transfer to a comparable current product, keeping your account size, the fees paid and your progress, and a pro-rata refund. Performance Rewards already crystallised remain payable (Terms, Annex B.4 and B.7).
  • The general rules still apply. KYC, the trading rules and prohibited practices of the Terms §7 and the Performance Reward rules of the Terms §16 also apply to Legacy accounts. Copy trading and third-party signals are not allowed.

Which programmes are Legacy

The table shows, for each Legacy Programme, the Evaluation Goal and the two main risk limits set out in Annex B of the Plan Specification. Percentages are of the initial balance.

ProgrammeEvaluation GoalDaily Virtual LimitMax Virtual Limit
NEO PRIME (Annex B.1)10%, one phase3% · Static5% · Static
NEO DUO, v2.0 edition (Annex B.2)8% and 5%, two phases5% · Static8% · Static
NEO DUO ORIGIN (Annex B.3)6% and 6%, two phases4% · Static8% · Static
NEO EXPRESS, v2.0 edition (Annex B.4)None (Express)3% · Static4% · Static
NEO NOVA, v2.0 edition (Annex B.5)6%, one phaseFixed USD amount per size · Trailing-no-Floor in the Evaluation Phase (Annex B.5)Fixed USD amount per size · Floored Trailing with Lock at the funded stage (Annex B.5)
Nova, v1.0 edition (Annex B.6)6%, one phasePer-position daily-loss cap (Annex B.6)Fixed USD amount per size · Floored Trailing with Lock (Annex B.6)
Origin 2-Step (Annex B.7)6% and 6%, two phases4% · Static8% · Static
Origin 1-Step (Annex B.8)10%, one phase4% · Static7% · Trailing-no-Floor (Annex B.8)
Origin Express Evaluation (Annex B.9)None (Express)3% · daily re-anchor at 22:00 UTC, Trailing-no-Floor (Annex B.9)6% · Trailing-no-Floor (Annex B.9)
Prime 2-Step, the “Prime Challenge” (Annex B.10)8% and 5%, two phases5% · Static8% · Static
Prime 1-Step (Annex B.11)10%, one phase3% · Static5% · Trailing-no-Floor (Annex B.11)
Prime Express Evaluation (Annex B.12)None (Express)3% · daily re-anchor at 22:00 UTC, Trailing-no-Floor (Annex B.12)4% · Trailing-no-Floor (Annex B.12)
Crypto 2-Step (Annex B.13)7% and 7%, two phases4% · Static7% · Static
Crypto 1-Step (Annex B.14)9%, one phase3% · Static6% · Trailing-no-Floor (Annex B.14)
Crypto Express Evaluation (Annex B.15)None (Express)3% · daily re-anchor at 22:00 UTC, Trailing-no-Floor (Annex B.15)6% · Trailing-no-Floor (Annex B.15)

How to read the table. Static: the limit is calculated once on the initial balance and never moves. Trailing-no-Floor (Annex B): the limit follows your highest equity upwards, never moves down and has no floor or lock. Floored Trailing with Lock (Annex B): the limit follows your highest equity until your equity first exceeds the initial balance plus the limit amount; from then on it stays fixed at the initial balance. Daily re-anchor at 22:00 UTC: the daily limit is measured from your equity recorded at 22:00 UTC each day.

Example (Crypto 1-Step, Annex B.14): on a 25,000 account the Max Virtual Limit starts at 23,500. If your equity reaches a new high of 28,000, the limit moves up to 26,500; if your equity then falls to 27,200, the limit stays at 26,500.

Fixed USD amounts. On NEO NOVA (v2.0 edition) the Daily and the Max Virtual Limit are USD 400 · 1,000 · 2,000 · 3,000 · 4,500 for the 10,000 · 25,000 · 50,000 · 100,000 · 150,000 sizes. On Nova (v1.0 edition) the Max Virtual Limit is USD 1,000 · 2,000 · 3,000 · 4,500 for the 25,000 · 50,000 · 100,000 · 150,000 sizes. A Performance Reward Buffer applies on both, with the amounts set out in Annex B.5 and B.6.

Other parameters at a glance

  • Reward Cycle: 14 days on NEO PRIME, NEO DUO (v2.0), NEO EXPRESS (v2.0), NEO NOVA (v2.0), Prime 2-Step, Prime 1-Step, Prime Express Evaluation and Crypto Express Evaluation. 30 days on NEO DUO ORIGIN, Nova (v1.0), Origin 2-Step, Origin 1-Step, Origin Express Evaluation, Crypto 2-Step and Crypto 1-Step, or 14 days if the 14-day add-on was bought with the account. The minimum Performance Reward request is USD 100 on every programme.
  • Leverage on Forex majors: up to 1:50 on NEO PRIME, NEO DUO (v2.0), NEO DUO ORIGIN, NEO EXPRESS (v2.0) and NEO NOVA (v2.0); up to 1:30 on Nova (v1.0), Origin 2-Step, Origin 1-Step, Origin Express Evaluation, Prime 2-Step, Prime 1-Step and Prime Express Evaluation. Other instruments: as published in the Company's leverage register.
  • Product-feature refund (100% of the Account Price, on your explicit request at or after your 2nd successful Performance Reward request): NEO PRIME, NEO DUO (v2.0), Origin 1-Step, Prime 2-Step, Prime 1-Step, Crypto 2-Step and Crypto 1-Step. The other Legacy Programmes have none. Statutory consumer rights are not affected.
  • Everything else (Recognition Tier, profitable days, minimum trading days, Consistency Rule, overnight and weekend holding, hedging, EAs): see your programme's section in Annex B.

Crypto programmes

  • Crypto 2-Step, Crypto 1-Step and Crypto Express Evaluation are Legacy Programmes (Plan Specification, Annex B.13 to B.15; Terms, Annex B.2). Older materials may call them “Crypto Challenge”.
  • Instruments: crypto perpetuals and pairs, as listed in the Company's crypto instrument register. Check each symbol's specification in MetaTrader 5 for its contract size, lot limits and trading hours.
  • Leverage: up to 1:5 on BTC and ETH, and up to 1:2 on altcoins.
  • Lot sizes: as supported by MetaTrader 5, with any product caps published in the Company's risk register.
  • Holding: the overnight and weekend holding restrictions do not apply, so positions may be held overnight and over the weekend (Annex B.13 to B.15).
  • EAs and automation: not allowed on Crypto programmes, and neither are copy-trading services or marketed signal services. Custom indicators that do not place, modify or close orders are allowed, and so is opening a trade manually after consulting a signal.
  • Platform: MetaTrader 5, like every account.

TradeLocker accounts

TradeLocker is no longer offered: all accounts now run on MetaTrader 5. If you held a TradeLocker account, contact support via live chat or support@neomfunded.com.

Questions about your account

If you are not sure which programme or edition your account belongs to, or how a rule applies to it, contact support with your account number. For new purchases, see the Nova Plan, NEO DUO 2-Step Plan, NEO EXPRESS Plan and NEO ACCESS Plan articles. All parameters: Plan Specification, Annex B.

Questions: live chat or support@neomfunded.com.

This article is for guidance only and does not modify the Terms and Conditions, the Plan Specification or any other binding document.

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