The Flex challenge is identical to the normal 1 step express challenges in all ways except 2.
You no longer are restricted by how many IP's you can trade from. However please note this does not mean we accept account management by any third parties, however you have the freedom to trade from where ever you desire.
The 5% daily loss draw down for the flex plan is slightly different. It is now a trailing drawdown based on your equity instead of being based on your previous day balance. The easiest way to understand it is with a real life example
You purchase a 100K account. You open up a trade and this trade goes in profit to $105,000 equity. Regardless if you close the trade or not your daily loss breach level would now be $105,000 X 5% = $5250. So your floating equity cannot drop below $99,750.
In the above example if your OPEN trade went to $105,000 in profit but then reversed and took your equity down to $99,750 you would fail your challenge and breach the 5% daily loss limit.