Overview:
The 1-Step Evaluation Model simplifies the path to becoming a funded trader.
- It consists of the Apprentice Phase, where traders showcase their skills.
- Once this phase is successfully completed, traders are promoted directly to the Elite Funded Account, where they can fully manage funds and earn rewards for their trading success.
Phase 1 (Apprentice) - Evaluation Stage:
- Description: The Apprentice Phase tests your trading skills and strategy under specific conditions, ensuring you meet key performance criteria.
- Objectives: Achieve simulated profit targets, stay within the simulated drawdown limits, and demonstrate consistent simulated trading performance.
- Rules: Follow all set rules, including simulated maximum daily and simulated overall drawdown limits, and trade responsibly during market events like news releases
- Simulated Profit Targets: Meet the defined profit targets to qualify for the funded stage.
- Simulated Drawdown Limits: Stay within the simulated maximum daily and simulated total drawdown limits to ensure risk is managed properly.
- Consistency: Show consistent performance with at least 3 simulated profitable days of 0.5% gains while maintaining proper risk management.
- Once you successfully complete the Apprentice Phase without any violations or disqualifications, you'll advance directly to the Elite Funded Account.
- Here, you’ll manage simulated capital and have the opportunity to earn multiple pay-outs based on your trading success.
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