What is the Challenge Phase?

Welcome to The Funded Sports Trader Challenge Phase 1! This FAQ is designed to provide you with a clear understanding of the parameters and criteria for success in this exciting phase of our program.

What are the parameters for the Challenge Phase 1?

During Phase 1 of the challenge, participants are required to place a minimum of 15 trades. There's a 5 day minimum number of trading days and no maximum time period – you have the flexibility to trade on the days that work best for you and if you are successful in meeting all criteria we will move you to the verification phase. 

Are there any specific drawdown limits during the challenge?

Yes, to manage risk, there's a maximum total drawdown allowed of 15% (Normal) or 20% (Aggressive). This ensures that your trading remains within manageable limits.

Is there a limit on single-day losses?

Absolutely, we believe in responsible trading. The maximum single-day loss is capped at 10% (Normal) or 15% (Aggressive).

What's Considered a pass result for phase 1 of the challenge?

To pass Phase 1, you have two avenues to success:

• ROI Achievement: If you meet all the criteria mentioned above and exceed a 20% Return on Investment (ROI), you've successfully completed the challenge.

We're excited to have you on this journey towards becoming a funded sports trader. Remember, your success is our success, and we're here to support you every step of the way.