Giveaway Accounts/3 Step Challenge
General info on Giveaway accounts or the 3 Step challenge
| Parameter | Details |
|---|---|
| Simulated Profit Target Phase 1 | 6% |
| Simulated Profit Target Phase 2 | 6% |
| Simulated Profit Target Phase 3 | 6% |
| Overall drawdown (static) | 8% |
| Daily drawdown (EOD) | 5% |
| Minimum Simulated Trading days | None |
| Maximum Simulated Trading days | Unlimited / No Time Limit |
| Consistency | 30% (only during the funded phase) |
| Reward/Payout Split | 70% |
📌 Funded Stage Requirements
- Active Trading Days: Complete 5 active trading days in each payout cycle.
- Daily Target: Generate 0.3% or more in a single day for it to qualify as an active trading day.
- Safety Cushion (2%): The first 2% profit earned on the funded account is reserved as a cushion and cannot be withdrawn.
- Risk Management (1.5% Rule): Biggest lost per trade should not be more than 1.5% of the account size >> this applies to single entries, split positions, or trades based on the same idea for an instrument
Note: This rule is applicable only for this Giveaway accounts and this model is not available for purchases. No same client can win multiple the accounts in a period of 60 days.
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