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 Equity 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 92% of the initial balance.
Minimum trading days: A minimum of 5 trading days is required.
BI-Weekly Payouts:You will receive bi-weekly payouts, provided you fulfill all the necessary criteria.
The first payout becomes eligible 21 calendar days after placing your first trade on your live account, and subsequent payouts are processed every 14 days (bi-weekly) thereafter.
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.