🧠 What Is the Ignite 1.0 2-Step Challenge?
The Ignite 2-Step Program 1.0 is a two-phase evaluation designed to assess your trading skill over a defined time, with realistic risk parameters. Once you pass both phases, you receive a funded account where you can earn real payouts.
📅 Is There a Time Limit?
Yes.
Phase 1: 30 calendar days
Phase 2: 30 calendar days
⏳ The timer starts from your first trade.
🚫 Funded Stage: No time limits. Trade at your own pace.
📈 What Are the Profit Targets?
Phase 1: 7%
Phase 2: 6%
⏰ What Are the Minimum Trading Days?
Active Trading Days (ATDs) are days when your account earns a profit of at least 0.5% of the starting balance for that day.
✅ Profitable days (+0.5% or more) count toward your minimum
❌ Days with no trades or losses do not count
🔁 You must meet the minimum five (5) Active Trading Days per phase (Phase 1, Phase 2, and Funded Stage) before advancing or requesting a payout
💸 When Can I Withdraw Profits?
You can request your first payout:
After 21 business days
With a minimum of 5 ATDs
Once your Smart Drawdown is activated
With at least 5% profit
After that, payouts are allowed every 14 days (bi-weekly), provided the same criteria are met.
📤 Minimum payout: 5% profit including your split.
💰 What Is the Profit Split?
Profit splits range from 75% to 100%. The split remains consistent until scaling rules are triggered.
🔒 What Is the Maximum Daily Loss?
The Maximum Daily Loss is the highest amount you can lose in a single trading day.
For Ignite 1.0, this is 3% of your starting balance or equity, whichever is higher at the start of the day.
It includes floating losses and closed trades.
The limit resets daily at 9 PM UTC.
This protects your capital and prevents destructive intraday drawdowns.
📉 What Is the Maximum Overall Drawdown?
The Maximum Overall Drawdown defines the largest allowable equity loss on your account.
For Ignite accounts, it is set at 8% of the starting balance.
Example: On a $100,000 account, the breach level is $92,000 (i.e., $8,000 max loss).
🔐 For a detailed explanation, including dynamic adjustments and locking mechanisms, check out our FAQ:
👉 What is the Max Smart Drawdown?
🧠 What Is the Max Smart Drawdown?
The Max Smart Drawdown automatically adjusts as your account equity grows and locks at a certain point for consistency.
Initial Setup:
$100,000 account → Drawdown begins at $92,000
Smart Lock Activation:
Once your equity reaches $105,000 (5% profit), the drawdown locks at $97,000
After this, it does not adjust upward, even if your equity grows further
If your account equity drops below the locked level, the account is breached.
This system balances reward and protection by locking in your success while managing downside risk.
🔍 How Do I Monitor My Drawdown?
Your trading dashboard provides:
Real-time updates on your Max Drawdown
A locked level display once Smart Lock activates
All updates are automatic—no manual tracking needed
🛡️ What Is SFX Protect?
SFX Protect is our proprietary risk engine designed to protect funded traders from catastrophic loss. It automatically closes all trades if you hit your floating loss threshold, avoiding further risk.
Ignite 2-Step – Funded Stage:
Max Floating Loss: 2% of balance
1st breach: No penalty
2nd breach: Profit split reduced to 50%
3rd breach: Account is breached
SFX Protect encourages disciplined trading while allowing second chances.
🕒 Can I Hold Trades Overnight or Over the Weekend?
✅ Yes. You are free to hold trades across sessions and weekends.
🌍 Can I Trade During News?
✅ During the Challenge: News trading is allowed.
🚫 During the Funded Stage: Red-folder events are restricted.
News Restriction Window:
Begins 2 minutes before and ends 2 minutes after red-folder event release
Includes: Market orders, limit orders, SL/TP triggers
Violations (during challenge phase):
1st warning → Profit from the violation is removed
2nd warning → Same penalty
3rd violation → Account breach
🧠 Note: News bracketing, straddling, or manipulation to exploit the simulated environment is not allowed.
⚖️ Summary of Risk Parameters (Ignite 1.0)
Parameter | Limit |
Daily Loss | 3% of start-of-day equity or balance |
Overall Drawdown | 8% of starting balance |
Profit Target – Phase 1 | 7% |
Profit Target – Phase 2 | 6% |
Floating Loss (Funded) | 2% of balance (SFX Protect) |
Smart Lock Activation | 5% profit = locked drawdown |
📌 Important Giveaway Conditions
One giveaway account per user per month, capped at three per year
Accounts must be claimed within 7 days of the win announcement
Payouts are capped at 2% of the initial balance per request
All standard Terms & Conditions and Evaluation Rules apply
🤝Affiliate Program Reminder
If your free account is linked to our affiliate program, please view our Affiliate FAQ for additional details on payout requirements and tier eligibility.