Products specifications
Challenge Trading Overview
Country US
Account Size 50K
Drawdown Type Trailing
Evaluation Steps 1 Step
Profit Target 3000
Allowed Drawdown 2000
Daily Loss Limit No
Min Trading Days 1
Activation Fees $65
Max Mini Contracts 10
Max Micro Contracts 100
Live Account Transition By invitation only. Not much info available
Stop Loss Required Yes
Payout Cap $2000 for first 5 pay outs, uncapped after that; min. $500 withdrawal
Risk Management 5:1 risk/reward ratio (stop loss vs. profit target)
Payout Frequency 8 active trading days with at least 5 days having a profit of $50 or more.
Payout Processing Time 2-7 business days (review + transfer)
Fees Refund No
Consistency Rules 30% rule: No single day >30% of total profits at pay out request
EA's Allowed
News Trading Yes
Copy Trading Yes
Weekend Holding No
Overnight Holding No
Max Allocated Accounts 20 PA accounts