FX Expert Funded Challenge Account Description:
Welcome to the FX Expert Funded Challenge Account, a unique opportunity for experienced forex traders to showcase their skills, earn profits, and enjoy substantial profit sharing. This challenge is designed to test your trading expertise and reward your success, all while adhering to strict risk management principles.
- Leverage: The trading account offers a leverage of 1:100, allowing you to amplify your trading positions while still managing risk effectively.
Profit Targets and Timeframes:
- First Profit Target (30 Days): Your initial objective is to achieve a profit of 8% within the first 30 days of trading. This target encourages consistent performance and effective decision-making.
- Second Profit Target (60 Days): Following the successful completion of the first phase, the challenge extends to 60 days. During this period, your goal is to achieve an additional 5% profit, showcasing your ability to maintain performance over a longer timeframe.
- Maximum Drawdown: To safeguard capital, a maximum drawdown of 8% is enforced. This ensures that losses are kept within manageable limits, allowing for potential recovery and sustained trading.
- Daily Drawdown: A daily drawdown limit of 5% is in place to prevent rapid and significant losses on any single trading day. This encourages prudent risk management and disciplined trading behavior.
- Profit Split: You’ll benefit from an 80% profit split, demonstrating our commitment to rewarding your successful trading. As you achieve higher profit targets, the profit split may increase, potentially reaching up to 90%.
- Platform: The trading platform for this challenge is MT4 (MetaTrader 4), a widely recognized and user-friendly platform preferred by many professional forex traders. Its advanced features and tools will assist you in making informed trading decisions.
- Minimum 5 Days: The challenge requires a minimum trading period of 5 days, providing you with an initial opportunity to establish your trading strategy and start working towards your profit targets.
- First Phase (30 Days): The first phase spans 30 days, during which you aim to achieve an 8% profit. This period tests your ability to adapt to market conditions and capitalize on short-term opportunities.
- Second Phase (60 Days): Upon successful completion of the first phase, the challenge continues for an additional 60 days. Here, your objective is to achieve a 5% profit, demonstrating your capacity to maintain consistency and manage longer-term positions.
Embark on the FX Expert Funded Challenge Account journey with confidence, knowing that your skills, discipline, and strategic thinking will be rewarded with impressive profit sharing. This challenge is a true testament to your trading prowess, as you navigate the forex market while adhering to established risk parameters and profit targets.