Targets & Drawdowns
Profit Target Step 1
8.0%
Profit Target Step 2
5.0%
Daily Drawdown
5.0%
Max Drawdown
8.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
80%
Payout Frequency
Bi-weekly
Additional Rules
Two-phase evaluation requires that traders must complete Step 1 and Step 2 by reaching the respective profit targets to receive funding for the one hundred thousand dollar account. A static maximum drawdown of 10% is applied based on the initial balance and does not trail which provides a substantial buffer for recovery. The daily drawdown is set at a 5% loss limit based on the starting balance or equity of the day whichever is higher. There are no minimum trading days so both phases can be completed as soon as targets are reached without any time-based restrictions. The unlimited trading period means there is no expiration date for the challenge allowing for maximum flexibility in strategy execution. Standard leverage of 1:100 is provided for forex pairs and the initial profit split starts at 80% which is highly competitive for this account size. Flexible trading rules allow for news trading holding over the weekend and the use of algorithmic EAs. The initial challenge fee is fully refundable with the first payout from the funded account. Payouts are processed on a bi-weekly basis and the static drawdown model remains fixed making it statistically easier to manage risk and avoid the common pitfalls of trailing drawdown challenges.
Scaling Plan
The scaling plan for the one hundred thousand dollar account allows traders to increase their initial balance by 25% every time they achieve a total profit of 10% or more over a period of four consecutive months. To qualify for this growth the trader must have processed at least two payouts during this period and the account balance must be at the initial starting capital at the time of the scale-up request. Once these criteria are met the account size is increased and the drawdown limits are adjusted according to the new balance providing significantly greater capital for professional trading.
