1-Step Prime Challenge $50K
1-PhaseOne 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.
Account Size
$50,000
Evaluation Fee
$329
Fee Type
Refundable FeePhase 1 - Evaluation
Profit Target
10%
Max Daily DD
3%
Max Total Drawdown6%
Minimum Trading Days2 days
Maximum Time LimitUnlimited
Funded Stage
Profit Target for Withdrawal
N/A
Max Daily Drawdown
3%
Max Total Drawdown
6%
Min Days for Payout
14 days
Drawdown Settings
Drawdown Type
Static
Calculation Method
balance
Daily DD Reset
No
Trailing DD Lock
Disabled
Trailing drawdown adjusts upward as your account grows, while static drawdown remains fixed.