2-Step Challenge Details

The Maximum Loss Limit is a threshold preventing an account’s equity or balance from falling below a certain point. It is calculated as 10% of the account’s closed balance as of 5:00 pm EST.

** If purchased between June 23rd and July 22nd, the Maximum Drawdown on all stages will automatically be increased to 12%. **

The daily loss limit is 5% of the account's balance, as calculated at 5:00 pm EST. If this limit is hit, it's considered a hard breach, and a trader will no longer be able to trade their account.

In Phase 1, the simulated gain target is 8%, and in Phase 2, it is 5%. Upon your account's floating equity hitting the target, our system automatically recognizes it as a pass. Upon passing, you will automatically be able to complete your KYC and sign your Trader Agreement directly in your Trader Dashboard. Upon completion, we will then issue you your Master Account.

We currently don't have any restrictions surrounding news events. However, please refer to our All-or-Nothing prohibited trading strategy and ensure that you're remaining risk-managed at all times.

The simulated leverage offered is the following:

FX: 20:1

Metals: 20:1

Indices: 10:1

Commodities: 5:1

Crypto: 2:1

Stocks: 5:1

The following max lot size rules apply to our 2-Stage Evaluations:

$5,000 Evaluation Account = 1 lot with open risk

$10,000 Evaluation Account = 2 lots with open risk

$25,000 Evaluation Account = 5 lots with open risk

$50,000 Evaluation Account = 10 lots with open risk

$100,000 Evaluation Account = 20 lots with open risk

$200,000 Evaluation Account = 40 lots with open risk

There is a 7$ round trip commission per standard lot. Crypto, Indices and Oil are commission-free.

There is an option during checkout to double your leverage to 40:1. This will only apply to FX and Metals.

The standard reward is 80% of the simulated gains on your Master Account.

Your drawdown will lock in at your starting balance upon requesting a withdrawal. This allows us to protect firm capital and encourages traders to adopt a long-term mindset and compound their accounts to achieve larger payouts.

Example:

If you've grown your $100,000 account to $110,000 and request a $5000 withdrawal, your maximum drawdown level will lock in at $100,000. This will leave you with $5000 of drawdown room.

Rewards can be processed by Riseworks and can be requested through your Trader Dashboard. There is a $40 processing fee.