One Step trading Challenge

Posted on 2024-11-21 Updated on 2024-05-20

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 oftrading 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.

Found this article helpful?

[ 74 Out of 75 Found Helpful ]

Still no luck? we can help!

Submit a ticket and we’ll get back to you as soon as possible.