How many phases does a 1-Step Challenge have?
How many phases does a 1-Step Challenge have?
One evaluation phase followed by the Funded level.
Is there a time limit?
Is there a time limit?
No.
What is my profit target?
What is my profit target?
The target selected during account configuration and shown on your dashboard.
Does 1-Step have Daily Drawdown & EoD Maximum Drawdown?
Does 1-Step have Daily Drawdown & EoD Maximum Drawdown?
Yes.
Does open P&L count toward drawdown?
Does open P&L count toward drawdown?
Yes.
What happens after I pass?
What happens after I pass?
You progress directly to the Funded level.
Is there a profit target after funding?
Is there a profit target after funding?
No.
Can I trade news?
Can I trade news?
News trading is restricted unless you choose to allow it during account purchase. On Funded accounts, news trading is restricted.
Can I reset my failed account?
Can I reset my failed account?
No.
How does scaling work?
How does scaling work?
Every 4th qualifying Reward of at least 1% profit can increase the funded account by 10% of its base size.