Crypto Fund Trader’s Two-phase Evaluation provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-phase Evaluation allows you to trade with 1:100 leverage.
Crypto Fund Trader’s Two-phase Evaluation: Is It For You?
Let’s see:
- Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of five trading days in order to proceed to phase two.
- Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of five trading days in order to proceed to a funded account.
By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules.
Two-phase Evaluation Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
- Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 5 days.
- Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. (Only if you want to be eligible for a reset on your funded account)
- Stop-loss Risk Per Position – Before entering a trade, the trader is required to define a specific percentage-based stop-loss for each position. There is a maximum stop-loss requirement of 2% for each position. (Only if you want to be eligible for a reset on your funded account).
So, if you think this is the one for you, use our Discount Code (FOREXPROPREVIEWS) for an 8% Discount or read the Review.
