The Two-Step Challenge is a program with two phases.
PROFIT TARGET on the Two-Step Challenge
Phase 1: 8% or 10%, depending on your order
Phase 2: 5%
This is the profit you must achieve to pass the Challenge. Profit Target is calculated from the closed positions only, therefore open positions do not count toward the Profit Target.
Important: During the Challenge, no single trade may exceed 70% of the Profit Target.
There is no Profit Target once you reach your Master Account (funded stage).
MAX DRAWDOWN on the Two-Step Challenge
10% limit
on your Two-Step challenge, you have Max Drawdown–calculated from the initial balance of your account. Learn more about drawdowns here.
The Max Drawdown rule will remain on your Master Account (funded stage).
DAILY DRAWDOWN on the Two-Step Challenge
5% or 4% limit, depending on your order,
Daily drawdown is calculated from your balance at the end of the previous day. A violation occurs if an open position pushes your equity below this drawdown limit.
The Daily Drawdown rule will remain once you reach your Master Account (funded stage).
MINIMUM PROFITABLE DAYS on the Two-Step Challenge
3 for each phase
You must trade for at least three days in each phase to pass the Two–Step Challenge. A day is considered a Profitable Day if the end-of-day balance is at least 0.5% higher than the previous day’s balance.
There are no minimum profitable days once you reach your Master Account (funded stage).
NO TIME LIMIT on the Two-Step Challenge
There is no time limit for completing the Two-Step Challenge.
PROFIT SPLIT on the Master Account
80% or 90%, depending on your order
REWARDS on the Master Account
Bi-weekly (every 14 days).
HOLDING Over Weekend and Overnight
Allowed on all accounts, both Challenges and Master (funded) Accounts.
NEWS TRADING on Two-Step Challenge
During the Two-Step Challenge, you can freely trade news with no restrictions.
Once you move to a Master Account (funded stage), you may hold trades over news events but cannot open new trades within five minutes before or after a high-impact news release.
For complete details and examples, please click here.
INACTIVITY
An account is considered inactive if there is no meaningful trading activity for 30 consecutive days. This rule applies to all programs, both Challenges and Master (funded) Accounts.
For more details, click here.
40% Margin Rule
This rule prevents you from using more than 40% of your available margin for a single trade or multiple trades on the same instrument in the same direction. This rule applies to both Two-Step Challenges and Master (funded) Accounts.
If you’d rather not have this restriction, you can try our Challenge PRO, where the 40% Margin Rule does not apply.
This is just an overview of the key rules for the Two-Step Challenge. Below are some examples of forbidden practices on our platform:
Hedging
Using Expert Advisors (EAs)
High-Frequency Trading (HFT)
Gambling
For a complete list of what is allowed or forbidden—along with more details about these rules—please visit our Rules Page.