GETTING STARTED
There is no limit on the number of Challenge accounts and we allow only 1 live account per trader. However, this is only temporary and we will open up for more than 1 live account per funded trader in the near future.
The max increase per account is up to $200,000.
During the Challenge, you cannot merge accounts and each Challenge must be traded separately. However, after passing each Challenge, you can merge accounts up to $300,000 per account.
For example, you could have 6 x $50,000 accounts or 10 x $25,000 or 3 x $100,000 accounts.
No. The 45 days is the max time allowed per challenge. As soon as you meet all the other requirements, you will move to the next step, given there are no violations.
We are giving 45 days for each Challenge Phase unconditionally and we believe that this is more than enough to pass the Challenge and more than what you would be getting anywhere else.
We ask for KYC once passing the Challenge to verify your identity. Therefore, we will ask for one of the following:
Currently, we are only offering MetaTrader5 for Windows and Max OS.
Our spreads are one of the lowest in the market at an average of 0.3 pips on EURUSD.
Absolutely! we understand how annoying it can be to not be able to trade during market volatility. So we make it available for you to trade during any low, medium, or high impact news at any time with no restrictions.
Yes of course we do! We welcome all kind of traders into our challenge and live accounts.
Yes! The worst thing that can happen is that you pass the 1st Challenge "Assessment Phase I" and then lose in profit only to have to start again.
So, we give you a one-time retake as long as you meet the following requirements:
If you fail during the 1st Challenge "Assessment Phase I" then you will be entitled to a 10% Discount on your next Challenge.
Withdrawals & Payouts
Once you pass Phases 1 & 2 of the Challenge, you will receive a 70% Profit Split on your 1st 10% Net Profit you make on the Live account. Then you will continue with an 80%/20% Profit split.
Once you qualify for Tier 1, we will give you a 90% Profit Split.
Once you qualify for Tier 2, we will give you a 100% Profit Split. That's right! it's 100%. At this point, you can replace your personal account.
To qualify for 90% Profit Split "Tier 1", you must qualify for an increase in your account size.
To qualify for Tier 1 level:
To qualify for 100% Profit Split "Tier 2", you must repeat Tier 1 three times.
To qualify for Tier 2 level, you have to
After receiving your Live Account, you will be able to receive your payout once you complete
After the 1st payout, you will be able to withdraw once per month during the last 5 days of each calendar month.
This is to be aware of:
Please send your withdrawal request to [email protected] titled "Challenge Withdrawal Request" and include your
Please be aware that before processing withdrawals, we will review your account for any violations. Any profitable trades taken in violation of our rules will not be eligible for withdrawal.
Unfortunately, if a violation has been detected on your account, that account will be suspended and will not qualify for any future payouts. However, you can start a new challenge account at a discounted price.
Challenge Rules
The 2 main rules you need to be aware of that get you disqualified immediately are (1) The Max Daily Drawdown and (2) The Max Absolute Drawdown.
To have max transparency, we have an automated system that will close all your open trades and freeze your account immediately once one of the rules above is breached. Only account reviews are done manually.
If at any point you violate the drawdown rule, you will not be eligible to continue on the same account and your account will be terminated.
When You Pass
Once we review your account, we will get in touch with the next steps. Please allow up to 24 hours before sending us further emails.
If at any point you violate the drawdown rule, you will not be eligible to continue on the same account and your account will be terminated.
You must qualify for Tier 1 level where:
We will increase your account size in increments of 30% of the First Account Balance each time you qualify for account growth.
For the $10,000 Challenge, your account will grow in increments of $10,000 x 30% = $3,000.
For the $25,000 Challenge, your account will grow in increments of $25,000 x 30% = $7,500.
For the $50,000 Challenge, your account will grow in increments of $50,000 x 30% = $15,000.
For the $100,000 Challenge, your account will grow in increments of $100,000 x 30% = $30,000. (Coming Soon).
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