You've picked the 1-Step FAST Challenge account on Forex. Here's everything you need to know about the rules for both the Challenge phase and your Master Account once you pass.
📈 PROFIT TARGET (Challenge only)
You need to hit 9% or 11% profit (depending on your selected order) using closed positions only. Open trades don't count toward your target.
One thing to keep in mind: No single trade can account for more than 70% of your Profit Target during the Challenge. So pace yourself.
Once you pass and get your Master Account, the Profit Target disappears completely. You're just trading for profit splits from that point on.
📉 MAX DRAWDOWN
The Max Drawdown is 6% and it trails your highest account balance throughout the Challenge.
This trailing drawdown carries over to your Master Account and stays in place.
Want to understand exactly how trailing drawdown works? Check out 🔗 How Max Drawdown is calculated.
📉 DAILY DRAWDOWN
3% Daily Drawdown applies at all times, on both the Challenge and Master Account.
It's calculated as a fixed percentage of your initial account balance, not your current equity.
A violation happens the moment your equity drops below this threshold on an open trade.
Learn more about drawdowns here.
📅 MINIMUM PROFITABLE DAYS
You need at least 3 profitable trading days to complete the Challenge. A profitable day counts when your daily gain reaches 0.5% of your starting balance.
This rule also applies on your Master Account: you'll need those same 3 profitable days before you can request a payout.
⏳ NO TIME LIMIT
Take your time. There's no deadline to complete the 1-Step Challenge. Trade at your own pace.
💰 PROFIT SPLIT (Master Account only)
Your profit split is either 80% or 90%, based on your selected order. That's your reward for trading consistently.
🏆 Rewards (Master Account only)
Once you're on a Master Account, you can request rewards every 14 days. To qualify, you need:
A minimum of $100 in profit
At least 3 profitable trading days
The maximum reward per cycle is $20,000
⏱️ HOLDING POSITIONS
Overnight and weekend holding is fully allowed on both the Challenge and Master Account. No restrictions there.
📰 NEWS TRADING
Here's where it differs between phases:
During the Challenge: No restrictions. Trade news freely.
On the Master Account:
- You can hold trades through news events
- But you cannot open new trades within 5 minutes before or after a high-impact news release
You can find more here.
⚠️ INACTIVITY RULE
If there's no meaningful trading activity for 30 days, your account is marked as inactive. This applies to both the Challenge and the Master Account.
📊 40% MARGIN RULE
You may not use more than 40% of your available margin on a single trade or multiple trades on the same instrument in the same direction. This applies on both the Challenge and Master Account..
Find more bout the 40% Margin Rule here.
Got questions about your account? Reach out to our support team anytime. We're happy to help. 🍀