Regular Challenge Rules And Payouts
Regular Challenge Rules And Payouts
Regular Challenges have 1 phase and a 10% profit target. You must pass them yourself; however, there is NO consistency rule when trading this type of challenge.
To get a full payout at the point of withdrawal, use a stop loss for every trade placed. If you violate this rule, your payout will be 50% of the profit share that you are awarded for that payment cycle (ex. if your profit share is 50% for that cycle, you will be awarded 25%). Keep in mind you must have 5 minimum trading days to get approved for a payout.
There is a 6% profit cap on all accounts and payments cycles.
1st payout is 50% profit share
2nd payout is 70% profit share
3rd payout is 80% profit share
4th payout is 95% profit share
You may trade over 6% on your account, but only 6% will be counted for the payment cycles.