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Pay Later One Phase Challenge Rules And Benefits
Pay Later One Phase Challenge Rules And Benefits
Updated over a month ago

Win Target

Pay Later (One-phase evaluation): 5%
One of the lowest win target. The lowest win target in the industry.

Daily Drawdown

There is no daily drawdown limit during the evaluation phase. However, once you enter the funded phase, the daily drawdown applies and is balance-based. This value is static and is calculated based on your balance from the previous day's closing, which takes place at 01:00 AM GMT +2.

The daily drawdown limit represents the maximum loss you can incur in one day and is calculated as 3% of your balance from the previous day's closing.

Example 1: If your balance at the close of Monday (01:00 AM GMT +2) was $105,000 and your daily drawdown limit is 3%, your equity for Tuesday MUST NOT drop below $101,850 (105,000 - 3% of $105,000).

Example 2: If your balance at the close of Wednesday (01:00 AM GMT +2) was $99,000 and your daily drawdown limit is 3%, your equity for Thursday MUST NOT drop below $96,030 (99,000 - 3% of $99,000).

Overall Drawdown Level

Overall drawdown level: 6%

This represents a static value that your equity or balance should never fall below at any point in time.

For instance, if your static overall drawdown is set at $94,000, it implies that your equity or balance value must always remain above $94,000.

Resets/Retakes

You are entitled to two free resets only at the evaluation phase.

No Minimum Trading Days / Time Limit

There is no minimum trading days at evaluation phase but there is 10 minimum trading at funded phase.

2 Free Resets

You are entitled to two free resets only at the evaluation phase.

Because we believe in second chances.

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