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Two male Alpine ibex rearing up and clashing horns on a rock spur high above a mist-filled alpine valley at dawn, layered ridges receding behind them

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Cost to start

$729

Size
$200K
Max DD
customizable max loss limit of 8% and the Drawdown type is STATIC for the MLL and EOD (Equity or balance) for the DLL
Split
The profit split can be selected with the following percentages: 60%, 70%, 80%, 95%

Copies code SUMMER

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FundedElite
$200K account
Lite 1-Step Challenge

Cost

Cost to start
$729
Account size
$200K
Profit split
The profit split can be selected with the following percentages: 60%, 70%, 80%, 95%

Evaluation rules

Profit target
8%; 10%; 12% (selectable)
Max drawdown
customizable max loss limit of 8% and the Drawdown type is STATIC for the MLL and EOD (Equity or balance) for the DLL
Daily loss limit
fixed daily loss limit of 3%
Min trading days
Phase 1: a minimum of 3 trading days ... Live phase: only 3 days of trading required

Funded rules

Funded drawdown
5%; 6%; 7%; 8%; 10% (selectable)
Consistency rule
Live phase only requires you to trade for at least 3 days, with no profit target for the single day or for the whole phase
News trading (challenge)
Allowed · not for high-frequency trading (HFT) or hedging between different accounts for risk-free profits or account passagefirm-level
News trading (funded)
Allowed · not for high-frequency trading (HFT) or hedging between different accounts for risk-free profits or account passagefirm-level
Max live balance
$400,000 total allocation cap for live funded accounts, combined across all challenge types

Payouts

Payout frequency
The standard days between payouts are 21. You can decide ... 3 days, 7 days, 14 days, 21 days
First payout
21 daysfirm-level
Processing time
14 days at $25K, 7 days at every stage from $50K up · requestable on or after that intervalfirm-level

Trading rules

Other restrictions
Allowed on a manual basis · EAs must not execute trades independently or use martingale, grid systems, or public scalping EAsfirm-level
Commission / lot
FX 3$ · Indices 0$ · AU,AG,Oil 3$ · XPD,XPT,NGAS 0$ · Other 0$ · US Stocks –firm-level

Platforms

Platforms
MetaTrader5TradeLocker

Copies code SUMMER

Full review