Falcon Funded $10K 2 Steps Challenge - Details, Rules & Pricing

The challenge

Account size$10K

Evaluation2 Steps

Profit split85/15

Activation feeNone

Phase	Profit target	Max daily loss	Max drawdown
Phase 1	7.5%	4%	10% of initial balance (static)
Phase 2	6%	4%	10% of initial balance (static)

Payout rules

First payout14 days

FrequencyBiweekly (14th and 28th of each month); first payout available 14 days after becoming funded

Processing time2-5 business days (2 business days local currency; 3-5 business days international bank transfer)

Profit split85/15

On demandNo

Payout methods

CryptoWire Transfer

Payouts via Rise platform. Requests only accepted on 14th or 28th of each month; account enters Live Verification phase after submission. First two payouts capped at 6% of original account balance; cap lifted after second payout. Withdrawal methods: XRP, USDT, ETH, Visa. Processing times apply after payout approval, not from request submission.

Trading rules

News trading

Weekend holding

EAs / automation

Copy trading

Hedging

Min. trade duration5 minutes

Stop lossRequired

News trading requires add-on; weekend holding requires add-on; EAs strictly prohibited on all accounts (challenge + funded, any function including monitoring); martingale not allowed; hedging allowed within same account only (cross-account prohibited per ToS 18.1.6); copy trading/account sharing prohibited per ToS 14.1.8-14.1.9; stop loss mandatory on funded per ToS 18.1.10; tick scalping prohibited (5-minute minimum trade duration required).