4.1
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2-Phase Challenge
The challenge
| Phase | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Phase 1 | 8% | 5% Static for the day from the 22:00 UTC rollover equity baseline. | 10% |
| Phase 2 | 5% | 5% Unchanged from Phase 1. Phase 2 requires 3 minimum trading days rather than 5. | 10% |
Good to know
Payout rules
Each account carries a Payout Reward Capacity, a LIFETIME cumulative cap on total payout rewards from that account: 12% of the starting balance for purchased accounts, 6% for reward, prize, competition, promotional or free accounts. It caps the total only, not the size, number or frequency of individual requests, and it never resets. A request exceeding the remaining capacity is paid down to the remaining balance in full rather than refused. Once the capacity is paid out the account has completed its reward cycle and generates no further rewards, though the trader keeps everything paid and may open a new account with full capacity. The cap applies per account, not per trader, and any future change to it applies only to accounts created afterwards. Payout eligibility also requires 5 minimum trading days, positive simulated profit, full rule compliance and the $100 minimum. A qualifying trading day is a calendar day with at least one trade AND a profit of at least 0.5% of the initial account balance.
Trading rules
A stop loss is MANDATORY on every position, placed within 60 seconds of opening and kept active for the life of the trade; it may be amended freely. Minimum trading days count only calendar days on which at least one trade was placed AND a profit of at least 0.5% of the initial balance was made - a losing or flat day does not count. EAs, indicators and trade-management tools are permitted for legitimate execution and risk management; only tools whose primary edge is latency, arbitrage, HFT or gap exploitation are banned. Hedging is allowed WITHIN a trader's own account as genuine risk management, but never across accounts. Match-Trader ships a built-in Risk Mode that sizes a position from a chosen stop loss and risk amount.