PropFirmWay

Nexus Challenge $100K

3-Phase

Three evaluation phases with targets that fall as you go - 7 percent, then 6, then 5 - against a 4 percent balance-based daily loss limit and an 8 percent maximum loss fixed to the initial starting balance. It is the cheapest way in here: 39 dollars at the 5,000 dollar size against 59 for Lightning and Dual Step. Three minimum trading days, no maximum, no consistency rule, leverage 1:100. The split is 80 percent, rising to 90 through scaling or an add-on; payouts every 14 days, or 7 with an add-on. Scaling runs to $1,000,000. Expert Advisors and weekend holding are allowed; news trading is not, though the firm sells it as an add-on.

Account Size
$100,000
Evaluation Fee
$349

Phase 1 - Evaluation

Profit Target
7%
Max Daily DD
4%
Max Total Drawdown8%
Minimum Trading Days3 days
Maximum Time LimitUnlimited

Phase 2 - Verification

Profit Target
6%
Max Daily DD
4%
Max Total Drawdown8%
Minimum Trading Days3 days
Maximum Time LimitUnlimited

Phase 3 - Verification

Profit Target
5%
Max Daily DD
4%
Max Total Drawdown8%
Minimum Trading Days3 days
Maximum Time LimitUnlimited

Funded Stage

Profit Target for Withdrawal
N/A
Max Daily Drawdown
3%
Max Total Drawdown
6%
Min Days for Payout
3 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.