The One-Phase Challenge is a streamlined assessment intended for you to showcase your abilities in a single phase:
Objective: Attain a 10% profit. Upon successfully completing this challenge and transitioning to the Funded Account, you will no longer be bound by a fixed profit target, enabling you to trade with increased flexibility and concentrate on your long-term development without the stress of achieving a specific percentage.
No time constraints: Engage in trading at your own rhythm, free from the pressure of deadlines.
Maximum Daily Loss: You are restricted from incurring a loss greater than 4% of your account's initial balance in any given day. This limit is assessed at 00:00 GMT +2/+3 and applies to both open and closed trades.
Maximum Total Loss: The overall permissible drawdown is 8% of your initial balance; your equity must not dip below 94% of the initial balance.
Minimum trading days: A minimum of 5 trading days is required.
Weekly Payouts: You will receive weekly payouts provided you fulfill the necessary criteria.
Profit Sharing: After successfully completing the challenge, you can earn up to 80% or 90% of the profits.
Leverage 1:100: Benefit from significant profit potential while adhering to sound risk management practices.
Trading on News and Weekends: Trading is permitted in both scenarios, provided that appropriate precautions are observed.