- EUR / USD · 0.0 pip1.0912up +0.31%
- GBP / JPY · 0.9 pip193.480down -0.44%
- XAU / USD · 0.12 pt2,418.60up +0.87%
- US30 · 1.2 pt41,208.0up +0.19%
- GBP / USD · 0.2 pip1.2741unchanged 0.00%
- USOIL · 2.4 pt78.94down -1.12%
- NAS100 · 1.0 pt18,772.5up +0.62%
- USD / JPY · 0.3 pip151.226down -0.08%
The rules are on this page, not behind a signup
Meridian Desk sells simulated evaluation accounts from $10,000 to $200,000. Profit target, daily loss, overall loss, minimum days and profit split are published before you pay, versioned, and cannot change on an account you already own.
$200K
Maximum allocation
90%
Profit split at cycle four
14 days
Payout cycle, every cycle
0.0 pip
Raw spread on FX majors
Four things we will not move once you have paid
The sector’s problem is not difficulty, it is discretion. Every commitment below is written into the versioned rule set your account is issued under.
Rules that do not move
Your account is bound to the rule set version printed on your licence. When we publish v4.3, accounts opened under v4.2 keep v4.2 until you choose to migrate.
A 14-day payout cycle
Requests open on day 14 and close the same business day. Median time from request to funds leaving our account last quarter was 19 hours across 3,860 traders.
Institutional pricing
Raw spreads from 0.0 pips on FX majors with $3.50 per side per lot commission, on the same liquidity as the funded desk. Evaluation conditions match funded conditions exactly.
Your data stays yours
Full trade history exportable as CSV or MT5 statement at any time, including after a breach. We do not sell order flow and we do not mirror your positions.
Pick the balance you want to be judged on
Same rules, same servers, same split at every size. The only variable is what 5% of the balance means to you on a bad Thursday.
All balances are simulated. Prices exclude VAT where applicable. Not available in the United States, Canada or sanctioned territories.
Compare all programmes and add-onsOne phase or two — the numbers, before you pay
Both models run on the same servers, the same instruments and the same payout cycle. What changes is how long the assessment lasts and how tight the drawdown is.
- Profit objective
- 10% in a single phase
- Max daily loss
- 4% of starting balance
- Max overall loss
- 6%, trailing to breakeven
- Minimum trading days
- 5
- Time limit
- None
- Consistency rule
- No day above 45% of total profit
- Trading through high-impact news
- Closed ±2 minutes
- Expert Advisors and copy trading
- Included
- Weekend and overnight holding
- Not included
- Profit split
- 85% from the first payout
- Payout cadence
- Every 14 days
- Fee refunded with first payout
- Included
- Profit objective
- 8% in Phase 1, then 5% in Phase 2
- Max daily loss
- 5% of starting balance
- Max overall loss
- 10%, static from starting balance
- Minimum trading days
- 4
- Time limit
- None
- Consistency rule
- No day above 45% of total profit
- Trading through high-impact news
- Allowed
- Expert Advisors and copy trading
- Included
- Weekend and overnight holding
- Included
- Profit split
- 80%, rising to 90% after three cycles
- Payout cadence
- Every 14 days, on demand after cycle three
- Fee refunded with first payout
- Included
Figures shown for a $100,000 programme; every other size uses identical percentages. Rules are versioned and cannot change on an account already purchased.
Evaluation, Verification, funded desk
No hidden fourth stage, no interview, no discretionary review. You hit the numbers or you do not.
Phase 1Evaluation
Reach the 8% profit target on at least four separate trading days without touching the 5% daily or 10% overall loss lines. There is no deadline — traders who pass average 21 days, and the fastest legitimate pass we have recorded is nine.
No time limit- Target 8%
- Daily loss 5%
- Min days 4
Phase 2Verification
The same rules at half the target. 5% on four trading days proves the first phase was process rather than a single lucky position. Roughly 38% of traders who clear Phase 1 clear Phase 2 on the first attempt.
No time limit- Target 5%
- Daily loss 5%
- Min days 4
FundedFunded desk
Credentials for the funded account are issued within one business day of KYC clearing. Your first payout request opens on day 14 and returns your evaluation fee alongside your 80% share. The split moves to 90% after three consecutive profitable cycles.
First payout on day 14- Split 80% → 90%
- Cycle 14 days
- Fee refunded
Traders naming a rule and a cycle
Every quote below is from a trader with a settled payout on file. Rated 4.7 out of 5 across 6,140 Trustpilot reviews.
“The 45% consistency cap is the rule that catches people and it is stated on the product page, which is why I picked Meridian over two firms that hid it. Cycle four cleared in 14 hours.”
Adaeze Nwosu
$100k 2-Step · four payouts · Lagos
“Trailing 6% drawdown on the 1-Step is genuinely hard and they say so instead of pretending it is easier. Seven cycles, seven payouts, never once chased support for one.”
Tomas Vrba
$50k 1-Step · seven payouts · Brno
“I breached Phase 2 on a Friday news candle, paid $202 for the reset, passed the retake, and the evaluation fee still came back with my first payout exactly as written.”
Priya Raghunathan
$25k 2-Step · two payouts · Singapore
“Eleven cycles at 90% and the KYC was done once, in 2024, and never asked for again. The largest single transfer was $61,400 and it landed the next morning.”
Marcus Bellinger
$200k 2-Step · eleven payouts · Cape Town
- Paid to traders since 2019$41,204,860
- Cleared last cycle$1,847,220
- Median time to payout19 hours
- First-request approval rate98.4%
- Traders on a payout plan3,860
- Largest single payout$182,400
- Payout cycleEvery 14 days
- Trustpilot4.7 / 5 · 6,140 reviews
The six objections we hear every week
If the answer to any of these matters more to you than the price, read it now rather than after you have paid.
Still not satisfied?
Ask before you buy. Median first reply is 3 hours 12 minutes, seven days a week.
support@meridiandesk.comThe market opens in 4 hours
Credentials are issued within fifteen minutes of payment clearing, so an evaluation bought tonight is live for tomorrow’s session. There is no time limit once it starts.
15 min
Credentials issued
No limit
Time to pass
$79
Entry programme
Risk, regulatory and entity disclosure
Trading leveraged instruments carries a high level of risk and can result in the loss of all of your capital. Leverage magnifies losses as readily as gains, and the majority of retail accounts trading CFDs lose money. Do not commit funds you cannot afford to lose, and do not treat an evaluation fee as an investment.
Every Meridian Desk Evaluation, Verification and funded account operates on a demo server with virtual funds. No client money is ever deposited with us, no live order is ever routed to a market on your behalf, and the balances shown in your dashboard are simulated. What you purchase is access to a performance assessment and, on passing it, a share of the simulated profit produced under our published rules.
Meridian Desk is not a broker, not an investment firm and not an asset manager. We do not accept deposits for trading, do not manage client capital and give no personal recommendation or investment advice. Nothing on this site is a solicitation to buy or sell any financial instrument, and no past payout figure is a forecast of any future result.
Evaluation programmes are not offered to residents of the United States, Canada, or any territory subject to UK, EU, UN or OFAC sanctions. The full and current list of restricted jurisdictions forms part of the Terms of Business and is updated when sanctions change. Identity verification is mandatory before any payout is released.
All evaluation and funded accounts are demo accounts holding fictitious funds. 18+ only. Past payouts are not a promise of future earnings.
Simulated environment
Evaluation, Verification and the funded desk all run on demo servers with virtual balances. Your profit share is calculated on simulated performance under the published rule set.
Read the rule bookNot a broker
We hold no client funds, execute no client orders and provide no personalised advice. Meridian Desk sells a fixed-price assessment product, nothing more.
About the deskKYC and AML
Government ID and proof of address are verified before a first payout, under our anti-money-laundering and counter-terrorist-financing obligations. Payouts are released only to an account in the trader’s own name.
Verification stepsRestricted jurisdictions
Not available to residents of the United States, Canada or sanctioned territories. Attempting to register from a restricted territory voids the evaluation without refund.
Full list in the TermsFee terms
The evaluation fee is stated before payment and becomes non-refundable once the first trade is placed on the account. It is reimbursed in full alongside your first payout.
Refund conditions- Legal entity
- Meridian Desk Technologies Ltd
- Company number
- 14827301 (England & Wales)
- Registered office
- 27 Austin Friars, London EC2N 2QP, United Kingdom
- VAT registration
- GB 429 8817 62
- Rule set version
- v4.2 — effective 1 February 2026
- Complaints
- complaints@meridiandesk.com — first response within 4 hours