πŸ“Participation Requirements

πŸ“… Profit Day

To qualify a day as a Profit Day, the following conditions must be met:

  • The combined realized and unrealized PnL at the end of the day must be β‰₯ 0.5% of the initial balance.

  • This value is calculated daily based on the current balance at the beginning of the day, but remains fixed at 0.5% of the initial balance.

Example:

  • Initial balance = $10,000

  • Current balance = $10,100

  • To count as a Profit Day, the end-of-day balance must be at least $10,150 β†’ A profit of $50 is required, calculated from the initial balance, not from the current one.


πŸ“‰ Daily Drawdown (Max Daily Loss)

  • On any given trading day, the current balance must not decrease by more than 5% of the initial balance, relative to the starting balance of that day.

  • This limit is recalculated daily, based on the beginning-of-day balance.

Example:

  • Initial balance = $10,000

  • Beginning-of-day balance = $10,300

  • Max daily drawdown = $500 β†’ If at any time during the day the balance drops below $9,800, the account is immediately disqualified and access is revoked.

A negative PnL from the previous day (e.g., -3%) does not affect the next day's limit β€” each day is evaluated independently.


πŸ“‰ Max Drawdown (Overall)

  • The maximum allowable total drawdown during the entire challenge period is 10% of the initial balance.

Example:

  • Initial balance = $10,000 β†’ If the balance ever drops to $9,000 or lower, the challenge is failed, and the account is terminated.


πŸš€ Challenge Stages

Phase 1 Challenge

  • Goal: Reach 5% profit (realized PnL).

  • Profit Days: At least 3 days with daily PnL β‰₯ 0.5% of the initial balance.

  • Failure Conditions:

    • Daily Drawdown > 5%

    • Max Drawdown > 10%


Phase 2 Challenge

  • Goal: Reach 8% profit (realized PnL).

  • Profit Days: At least 5 days with daily PnL β‰₯ 0.5% of the initial balance.

  • Failure Conditions: Same as Phase 1.


πŸ’Ό Funded Account

Withdrawal Conditions

To request a withdrawal, the trader must:

  • Achieve at least 5 Profit Days within each 14-calendar-day period.

  • Maintain all risk parameters during this period:

    • Max Daily Drawdown ≀ 5% (based on start-of-day balance)

    • Max Drawdown ≀ 10% (based on initial balance)

Breaches on Funded Account

  • Missed Profit Days Requirement:

    • Account remains active, trading may continue.

    • Withdrawals are not allowed until the requirement is fulfilled.

  • Violation of Risk Limits (Daily or Max Drawdown):

    • Immediate account termination

    • Trader loses all accumulated profit


πŸ”„ Transition Between Phases

When moving to the next phase:

  • All open positions must be automatically closed at market price.

  • All pending limit orders are automatically canceled.


πŸ”’ Account Termination

In case of account termination:

  • All open positions are force-closed at market price.

  • All pending limit orders are canceled.

  • Access to the account is permanently revoked.

πŸ„ Choose your strategy β€” scalping, swing trading, or long-term investing β€” and manage large capital on competitive terms!

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