The LITE-2 step CHALLENGE is available in the following sizes:
$5.000
$15.000
$25.000
$50.000
$100.000
$200.000
$300.000
You can choose between 2 platforms: MetaTrader5 and TradeLocker
The Max loss limit can be selected with the following percentages:
6%
8%
10%
The profit target (for phase 1) can be selected with the following percentages:
6%
7%
8%
10%
12%
The profit split can be selected with the following percentages:
60%
70%
80%
95%
The standard days between payouts are 14. You can decide how many days between payouts you prefer, knowing that the first payout is always requestable after 21 days anyways:
3 days
7 days
14 days
21 days
The leverage (only on FX pairs) can be selected with the following levels:
1:30
1:50
1:100
You will be able to decide if you want to enable the scalping addon too, which reduces the minimum required holding time to 30 seconds from the standard 3 minutes.
You will be able to decide if you want to enable the weekend trading addon too, which allows you to place orders during the weekend without any violation.
Daily and Max loss limits:
The LITE 2-Step CHALLENGE has a fixed daily loss limit of 4% and customizable max loss limit of 8% and the Drawdown type is STATIC.
The challenge is composed of a phase 1, a phase 2 and then a live phase.
Phase 1 is passed when you complete the profit target and the minimum profitable trading days required.
Phase 2 is passed when you complete the profit target (which reduces to 5%) and the minimum profitable trading days required.
Live phase only requires you to trade for at least 3 days, with no profit target for the single day or for the whole phase.
Minimum profitable trading days:
Phase 1: a minimum of 3 trading days with a required positive P&L of at least 0,5% of the account size.
Phase 2: a minimum of 3 trading days with a required positive P&L of at least 0,5% of the account size.
Live phase: only 3 days of trading required, no specific P&L target.
If one of the 2 challenge phases is breached for whatever reason, the account is lost and it does not have second chance included.