3 Step Challenge Profit & Loss Targets

Posted on 2024-12-30 Updated on 2024-12-30

FPFX offers a Three-Phase Program designed to evaluate traders' skills in patience, discipline, and consistency. Below is a detailed overview of the program's structure and rules:


Phase 1: Initial Assessment

  •  Profit Target: Achieve a 5% profit on the initial account balance to advance to the next phase.
  •  Daily Loss Limit: Do not exceed a 5% loss of the account balance in a single day.
  • Maximum Drawdown: Maintain a maximum drawdown of 5% from the initial account balance.
  • Minimum Trading Days: Trade for at least 5 days.
  • Maximum Trading Days: There is no maximum limit; traders have unlimited time to meet the objectives.

Phase 2: Intermediate Assessment

  • Profit Target: Achieve a 5% profit on the initial account balance to advance to the final phase.
  • Daily Loss Limit: Do not exceed a 5% loss of the account balance in a single day.
  • Maximum Drawdown: Maintain a maximum drawdown of 5% from the initial account balance.
  • Minimum Trading Days: Trade for at least 5 days.
  • Maximum Trading Days: There is no maximum limit; traders have unlimited time to meet the objectives.

Phase 3: Final Assessment

  • Profit Target: Achieve a 5% profit on the initial account balance to become a funded trader.
  • Daily Loss Limit: Do not exceed a 5% loss of the account balance in a single day.
  • Maximum Drawdown: Maintain a maximum drawdown of 5% from the initial account balance.
  • Minimum Trading Days: Trade for at least 5 days.
  • Maximum Trading Days: There is no maximum limit; traders have unlimited time to meet the objectives.

General Trading Rules

  •  Leverage: Up to 50:1, allowing traders to manage their positions effectively.
  • Performance Split: Upon successful completion, traders can earn up to a 90% performance split on their trading gains.
  • Refundable Fee: A one-time fee is required to start the program, which is refundable upon successful completion of challenge Phases with Your 1st Payout ( Term & Conditions ) Will be applied

For a comprehensive understanding of the program and its rules, please visit FPFX's official website.

Minimum Trading Days Requirement

Rule:

All traders participating in the 3 Step Challenge are required to trade for a minimum of 5 active trading days in each phase (Phase 1, Phase 2, and Phase 3).

Important Note:

If a trader reaches the profit target before completing the minimum 5 trading days, but stops trading, the account will be considered in violation of the challenge rules, and may be disqualified.


 To avoid breach, you must:

Trade for at least 5 separate days per phase

Ensure that each trading day includes at least one closed position

This rule ensures proper evaluation of your trading behavior and risk management over time.

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