MyFlashFunding Bolt Challenge – see if this program fits your criteria and preferences for trading.
MyFlashFunding Bolt Challenge – see if this program fits your criteria and preferences for trading.
MyFlashFunding is one of the best prop firms in the industry, and it offers three different evaluation programs. Today, we will be talking about MyFlashFunding Bolt Challenge and see if this program fits your criteria and preferences for trading. Two-step Evaluations are the most common evaluations in the proprietary industry, and the Bolt Challenge is also a two-step challenge.
MyFlashFunding’s Bolt Challenge provides traders the opportunity to manage account sizes ranging from $10,000 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 Bolt Challenge allows you to trade with up to 1:100 leverage.
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you have to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you have to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules.
So, if this is the one for you, why don’t you use our Discount Code (FOREXPROPREVIEWS) for a 30% Discount and start your trading journey? But if you want to read more about the firm and its other challenges, read the Review.