Two Step 200,000 USDT
The challenge
| Phase | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Phase 1 | 10% | 5% Trailing daily drawdown from the day's equity high (docs section 4). | 10% max loss - equity must stay above 90% of the initial balance (docs section 5). |
| Phase 2 | 5% | 5% Trailing daily drawdown from the day's equity high (docs section 4). | 5% max loss - equity must stay above 95% of the initial balance (docs section 5). |
Two evaluation phases (10% target then 5% verification target) with more drawdown room in phase 1. 70% starting profit split scaling to 90%; challenge fee refunded with the first profit split.
Payout rules
Withdrawals paid in USDT or USDC, processed within 12-48 hours, $100 minimum profit, max 5% profit per payout; challenge fee refunded with the first profit split. Source: https://fondeo.xyz/en/docs/trading-rules (2026-07-12).
Trading rules
Verified from https://fondeo.xyz/en/docs/trading-rules and the homepage Account Rules table (2026-07-12). CONFLICT: the homepage summary table lists One-Step/Subscription daily drawdown 5% and max loss 10%, which contradicts the authoritative docs (One-Step 4%/6%, Subscription 4%/5%). Docs values used; conflict logged for bi-revalidation.