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Overview
Country
LC
Trustpilot
4.4 / 5.0
CEO
David Bily
Broker
Moneta Markets
Assets
FXCryptoEnergyIndicesMetals
Payment Methods
Apple PayCredit/Debit CardCrypto
Payout Methods
CryptoMoneta Markets AccountRiseworks
Payout Policy
Profit Split
See firm website
Payout Frequency
The minimum payout is $100, with a payout frequency of 14 days.
Minimum Withdrawal
N/A
Challenges
| Account Size | Steps | Profit Target | Daily Loss | Max Loss | Profit Split | Payout | Price |
|---|---|---|---|---|---|---|---|
| $5,000 | 1 Step | 10% | 3% | 6% | 88% | 14 days | $40$20 |
| $5,000 | 2 Steps | 5% / 10% | 5% | 10% | 88% | 14 days | $40$20 |
| $20,000 | 1 Step | 10% | 3% | 6% | 88% | 14 days | $1,150$575 |
| $25,000 | 1 Step | 10% | 3% | 6% | 88% | 14 days | $200$100 |
| $25,000 | 2 Steps | 5% / 10% | 5% | 10% | 88% | 14 days | $200$100 |
| $50,000 | 2 Steps | N/A | 3% | 6% | 88% | 14 days | $550$275 |
| $100,000 | 2 Steps | N/A | 3% | 6% | 88% | 14 days | $880$440 |
$5,000 — 1 Step
$40$20
Target
10%
Daily Loss
3%
Max Loss
6%
Split
88%
Payout
14 days
$5,000 — 2 Steps
$40$20
Target
5% / 10%
Daily Loss
5%
Max Loss
10%
Split
88%
Payout
14 days
$20,000 — 1 Step
$1,150$575
Target
10%
Daily Loss
3%
Max Loss
6%
Split
88%
Payout
14 days
$25,000 — 1 Step
$200$100
Target
10%
Daily Loss
3%
Max Loss
6%
Split
88%
Payout
14 days
$25,000 — 2 Steps
$200$100
Target
5% / 10%
Daily Loss
5%
Max Loss
10%
Split
88%
Payout
14 days
$50,000 — 2 Steps
$550$275
Target
N/A
Daily Loss
3%
Max Loss
6%
Split
88%
Payout
14 days
$100,000 — 2 Steps
$880$440
Target
N/A
Daily Loss
3%
Max Loss
6%
Split
88%
Payout
14 days
Trading Rules
Drawdown Type
Static
Min Trading Days
0
News Trading
Weekend Holding
Consistency Rule
Scaling Plan
News Trading:
News Trading:
News Trading Is Not Allowed 5 Minutes Before And After High Impact News. Trades That Were Opened At Least Two Hours Prior To The Scheduled High-impact News Event Are Allowed To Close During The Restricted Period, Including Closure Triggered By Take Profit Or Stop Loss.
News trading is not allowed 5 minutes before and after high impact news. Trades that were opened at least two hours prior to the scheduled high-impact news event are allowed to close during the restricted period, including closure triggered by Take Profit or Stop Loss.
Prohibited Practices:
Prohibited Practices:
Risk Management:
Risk management:
Allocating A Substantial Or Majority Portion Of The Allowable Daily Loss Or Available Margin To A Single Trade Idea, Whether Through Realized Losses, Stop-loss Exposure, Or A Set Of Highly Correlated Positions, Is Prohibited.
Allocating a substantial or majority portion of the allowable daily loss or available margin to a single trade idea, whether through realized losses, stop-loss exposure, or a set of highly correlated positions, is prohibited.
Martingale:
Martingale:
Martingale Is A Trading Strategy That Involves Increasing Position Size After A Loss In An Attempt To Recover Previous Losses With A Single Winning Trade; The Use Of Martingale Strategies Is Prohibited.
Martingale is a trading strategy that involves increasing position size after a loss in an attempt to recover previous losses with a single winning trade; the use of martingale strategies is prohibited.
Grid Trading/ Hedging
Grid Trading or Hedging is a trading approach where opposing buy and sell orders for the same instrument are strategically placed to achieve equivalent or similar risk, and is prohibited.
Phoenix Scaling Program:
Phoenix Scaling Program:
The Phoenix Program Provides A Unique Opportunity For Rewarding Traders Who Consistently Exhibit Expert Performance. Account Holders Will Be Automatically Progressed To The Next Phase Upon Completion Of The Below Detailed Targets For Scaling.
The Phoenix Program provides a unique opportunity for rewarding traders who consistently exhibit expert performance. Account holders will be automatically progressed to the next phase upon completion of the below detailed Targets for Scaling.
Traders May Begin At Level 1, Level 2, Level 3, Or Level 4 Of The Program.
Traders may begin at Level 1, Level 2, Level 3, or Level 4 of the program.
Once The 10% Profit Target For The Selected Starting Level Is Achieved, That 10% Will Be Converted Into Withdrawable Credit At The Next Level.
Once the 10% profit target for the selected starting level is achieved, that 10% will be converted into withdrawable credit at the next level.
The Credit May Be Withdrawn At The Next Payout, Provided The 14-day Minimum Payout Interval And The Requirement Of 3 Minimum Profitable Days Are Met.
The credit may be withdrawn at the next payout, provided the 14-day minimum payout interval and the requirement of 3 minimum profitable days are met.
For Example, A Trader Starting At Level 2 ($5,000 Starting Balance) Who Reaches The 10% Profit Target ($500) Will Automatically Scale To Level 3 ($10,000 Starting Balance).
For example, a trader starting at Level 2 ($5,000 starting balance) who reaches the 10% profit target ($500) will automatically scale to Level 3 ($10,000 starting balance).
The $500 Profit Is Converted Into Withdrawable Credit.
The $500 profit is converted into withdrawable credit.
At This Point, The Trader Has Two Options:
At this point, the trader has two options:
Option 1 – Continue Scaling:
Option 1 – Continue scaling:
The Trader May Continue Trading And Work Toward The Level 3 Profit Target Of 10 ($1,000). Once This Target Is Reached, The Account Will Scale To The Next Level.
The trader may continue trading and work toward the Level 3 profit target of 10 ($1,000). Once this target is reached, the account will scale to the next level.
Option 2 – Request A Payout:
Option 2 – Request a payout:
After The Minimum 14-day Trading Period From The First Trade And At Least 3 Profitable Days Are Met, The Trader May Request A Payout. Any New Profits Generated On The Level 3 Account Can Be Withdrawn Together With The $500 Credit.
After the minimum 14-day trading period from the first trade and at least 3 profitable days are met, the trader may request a payout. Any new profits generated on the Level 3 account can be withdrawn together with the $500 credit.
For Example, If The Trader Earns An Additional $200 On The Level 3 Account, They May Request A Payout Of $700 ($500 Credit + $200 Profit), Provided The Payout Conditions Are Satisfied.
For example, if the trader earns an additional $200 on the Level 3 account, they may request a payout of $700 ($500 credit + $200 profit), provided the payout conditions are satisfied.
If The Trader Chooses To Withdraw The $700, They Will Still Need To Generate The Full Level 3 Profit Target Of 10% ($1,000) In Order To Scale Up To The Next Level.
If the trader chooses to withdraw the $700, they will still need to generate the full Level 3 profit target of 10% ($1,000) in order to scale up to the next level.
Restricted Countries
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