Tradexprop $5,000 Forex X-2 Step | 8% Static Drawdown & No Time Limit | PropTradingArea
Difficulty Meter Free sign up to unlock
DIFFICULTY METER
3.5 / 10
Easy
OVERALL PASS RATE Free sign up to unlock
OVERALL PASS RATE
22.9 %
Average

Traders who pass this challenge in our community

Tradexprop

Forex X-2 Step

2-Step Challenge Static Drawdown
Account Size $5,000
Price $35

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: Traders must reach an 8% profit target ($400) in Phase 1 and a 5% target ($250) in Phase 2.
Static max drawdown: An 8% maximum loss limit ($400) is applied. This is balance-based and static, meaning the floor stays at $4,600 regardless of profits.
Daily loss limit: A 5% daily loss limit ($250) is enforced, reset every day based on the starting balance or equity (whichever is higher).
15% Challenge profit share: Traders receive a 15% reward of the virtual profits made during evaluation phases once they reach the funded stage and receive their first payout.
Minimum trading days: There are 0 minimum trading days required for the evaluation phases, allowing you to pass as soon as the targets are met.
Unlimited trading period: There is no time limit to reach the profit targets, eliminating "calendar pressure."
Leverage: Standard 1:50 leverage is provided across both phases for Forex pairs.
Profit split: Default 80% payout, customizable up to 90% with scaling or specific add-ons.
Trading flexibility: News trading, weekend holding, and EAs are permitted without major restrictions.
Static vs. Trailing: The 8% static drawdown is a major advantage over trailing models, as it doesn't "eat" your profit buffer as you grow the account. On a $5k account, your floor remains $4,600 even if you grow to $6,000.
The "Higher of" Reset: The daily loss limit is calculated on the higher of balance or equity at reset. Large floating profits at 5 PM EST can unexpectedly tighten your daily risk room for the following session.
Two-Phase Discipline: Requiring two phases increases the statistical probability of a mistake before reaching the Master account compared to 1-step models.
Consistency Score (45%): Tradexprop monitors consistency. If one single trade accounts for more than 45% of your total profit target, it may result in the trade being voided or a request to trade more days to prove the result wasn't a fluke.
Psychological Bonus Trap: The 15% challenge profit share can tempt traders to over-leverage during evaluation to maximize their future bonus, risking the entire account before it even reaches funded status.
Balance-Based Security: Being balance-based makes it harder to lose the account due to temporary market spikes (equity swings), provided they don't hit the daily 5% limit.

Scaling Plan

Capital Growth: Your account balance is eligible to increase by 25% ($1,250) every 4 months.
Qualification Criteria:
Achieve a total cumulative profit of at least 10% within a 4-month period.
At least two of those four months must be profitable.
Successfully receive at least two payouts during the scaling period.
Maximum Limit: Traders can scale their virtual capital up to a total of $1,000,000.
Profit Split Upgrade: The standard split is 80%, but it can be increased to 90% or even 100% through scaling milestones or specific store add-ons.