WHAT ARE THE AVAILABLE FUNDED ACCOUNT CHALLENGES AND THEIR CRITERIA?
Welcome to our tutorial on Funded Account Challenges types and their criteria!
One of the key features of our funded accounts is the challenges we offer, which provide traders with the opportunity to earn a funded account by meeting specific trading criteria.
In this guide, we will take you through everything you need to know about the challenges available, their criteria, and the profit split.
We offer the following account sizes:
25k, 50k, 100k, 200k or 300k
We offer the following profit split:
90/10
Before proceeding to the final stage, our Trade Experts will review your trading strategy and your levels of consistency. To help you keep track of your trading performance, we offer evaluation criteria under the Challenge Accounts tab.
These criteria include:
Lots (Total lots traded throughout the challenge. Chart shows daily volume).
Average Loss (Average loss across all losing trades).
Average Win (Average win across all winning trades).
Win Rate (Ratio of winning trades to losing trades).
Average Trade Duration (Average amount of time spent in each trade). Highest Profit Day rule (The Highest Profit Day 30% – Click here for more info).
2 PHASE FUNDED CHALLENGE
The single-stage challenge allows users to implement their trading knowledge and hasten
the process of acquiring a funded account!
Account Sizes: $25k, $50k, $100k, $200k, $300k
| Requirements | STAGE ONE Evaluation of your Trading Skills | STAGE TWO Verification of your Trading Skills |
|---|---|---|
| Profit Target | 8% | 5% |
| Min Trading Days | 5 | 5 |
| Daily Drawdown | 5% | 5% |
| Overall Drawdown | 8% | 8% |
| Duration | Unlimited | Unlimited |
| Highest Profit Day Rule | 30% | 30% |
Single Phase (1-Phase) Challenge
The single-stage challenge allows users to implement their trading knowledge and hasten the process of acquiring a funded account!
Account Sizes: $25k, $50k, $100k, $200k, $300k
| Requirements | Phase 1 | Funding Phase |
|---|---|---|
| Trading Period: | Unlimited: | Unlimited: |
| Minimum Trading Days: | 1 day | N/A |
| Maximum Daily Loss: | 4% | 4% |
| Maximum Total Loss: | 6% | 6% |
| Profit Target | 10% | N/A |
| Highest Profit Day Rule: | 30% | 30% |
| Reundable Fee | – | YES |
Accelerated 2-Phase Challenge
The Accelerated Challenge allows users to implement their trading knowledge over 2-Phases
Account Sizes: $25k, $50k, $100k, $200k, $300k
| Requirements | Phase 1 | Phase 2 | Funding Phase |
|---|---|---|---|
| Trading Period: | Unlimited: | Unlimited: | Unlimited: |
| Minimum Trading Days: | 5 days | 5 days | N/A |
| Maximum Daily Loss: | 5% | 5% | 5% |
| Maximum Total Loss: | 8% | 8% | 10% |
| Profit Target | 8% | 5% | N/A |
| Highest Profit Day Rule: | – | – | – |
| Reundable Fee | – | YES | YES |
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CAN'T FIND WHAT YOU'RE LOOKING FOR?
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