MasterFunders $5K 2 Steps Challenge - Details, Rules & Pricing

The challenge

Account size$5K

Evaluation2 Steps

Profit split80/20

Activation feeUnknown

Phase	Profit target	Max daily loss	Max drawdown
Phase 1	8%	5%	10%
Phase 2	5%	5%	10%

Notes

Evaluation fee refunded with the first compensation request after passing both steps and Verification. Second Life: if Step 2 is failed, once per month a new challenge of equal or smaller size can be started directly at Step 2.

Payout rules

First payout3 days

FrequencyOn demand

Profit split80/20

On demandYes

ConsistencyNone. MasterFunders states there are no consistency rules on the Core, Lite or Direct Access Pro programs.

Fee refunded on 1st payoutYes

The minimum compensation request is 1% of account size on both the evaluation path and Direct Access Pro. Compensation may be processed through affiliated entities including PrimeHedge Strategies Ltd. Withdrawal methods and per-payout caps are not published on any MasterFunders page scraped this session.

Trading rules

News trading

Weekend holding

Overnight holding

EAs / automation

Scalping

Max leverageCore and Lite: Forex up to 1:100, Commodities up to 1:25, Indices up to 1:25, Cryptos up to 1:3. 24 Hour Speed Challenge: Forex 1:500, Commodities 1:100, Indices 1:50, Cryptos 1:10. Direct Access Pro: 1:30.

Max position sizeThe max lot size depends on the account size and the specific asset traded.

Challenge time limitUnlimited on Core and Lite. Speed Challenges are limited to 24 hours. Direct Access Pro has no evaluation period (zero-step entry).

Inactivity rule30 day maximum inactivity. A trader cannot go more than 30 days without a trade while a challenge is open; breaching this fails the program. The Direct Access Pro Agreement allows termination for inactivity exceeding 30 consecutive days.

Multiple evaluation programs may run at once as long as the combined simulated account balance does not exceed $100,000. Only one profile per trader is allowed. Citizens of the United States of America, Russia, North Korea, Cuba, Iran, Belarus and Syria are not served. Minimum age is 18. Intra-account hedging, martingale, copy trading of other traders and a stop-loss requirement are not addressed on any page scraped this session and are recorded as not published rather than inferred from the cross-account hedging ban.