1-Step Prime Challenge $200K

One evaluation phase: a 10 percent profit target on the initial balance, with a 3 percent daily loss limit and a 6 percent maximum loss. The daily limit is calculated on the PREVIOUS DAY'S CLOSING BALANCE rather than the initial balance, so it moves with the account; the maximum loss is a fixed floor 6 percent below the starting balance. Two minimum trading days, no time limit, and an account expires without a trade for 30 calendar days. Leverage 50:1 on FX and 5:1 on exotics. News trading, overnight and weekend holding are all allowed. The fee is refunded in full on passing and the firm advertises rewards of up to 95 percent, paid within an hour.