Drawdown: The 1 Step Standard Challenge features a maximum trailing drawdown of 6% and a daily drawdown limit of 4%.
Profit Target: To successfully complete the challenge, traders must achieve a 10% profit target within the specified trading period.
Consistency Rule:
Evaluation Phase: Traders must maintain a 40% consistency requirement to ensure profits are distributed across multiple trades instead of relying on a single high-risk trade.
Funded Account: Once funded, the consistency requirement is adjusted to 30%, allowing for more flexibility while still promoting steady and responsible trading.