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Giveaway Accounts/3 Step Challenge

General info on Giveaway accounts or the 3 Step challenge

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Written by FYT SM
Updated over 2 weeks ago

Simulated Profit Target Phase 1 : 10%

Simulated Profit Target Phase 2 : 6%

Simulated Profit Target Phase 3 : 6%

Overall drawdown (static) : 8%

Daily drawdown (EOD) : 5%

Minimum Simulated Trading days: None

Maximum Simulated Trading days: Unlimited / No Time Limit

Consistency : 30% (only during the funded phase)

Reward/Payout Split : 80%

πŸ“Œ Funded Stage Requirements

β€’ Active Trading Days: Complete 5 active trading days in each payout cycle.

β€’ Daily Target: Generate 0.3% or more in a single day for it to qualify as an active trading day.

β€’ Safety Cushion (2%): The first 2% profit earned on the funded account is reserved as a cushion and cannot be withdrawn.

β€’ Risk Management (1.5% Rule): Biggest lost per trade should not be more than 1.5% of the account size >> this applies to single entries, split positions, or trades based on the same idea for an instrument

Note: This rule is applicable only for this Giveaway accounts and this model is not available for purchases. No same client can win multiple the accounts in a period of 60 days.

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