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Pass First, Pay Later 1-Step Model

Updated today

This is a 1-phase evaluation challenge designed to give traders a straightforward path to becoming funded.

Start for just $7, take the evaluation and pay the remaining fee after you pass and get funded.

Objective

Phase 1 (Evaluation)

Funded Phase

Profit Target

3%

None

Daily Drawdown

None

3%

Max Total Loss

7% (Trailing)

6% (Trailing)

Min. Trading Days

No

5 Days (per payout)

SFX Stability Index

No

20%

Max Loss Per Trade

No

2%


How much does it cost to join?

The initial cost is only $7, which covers server and infrastructure expenses.

You will only be required to pay the full activation fee after passing the evaluation, just before receiving your funded account.


How much will I pay after passing?

  • 10k challenge — $109

  • 25k challenge — $229

  • 50k challenge — $349

  • 100k challenge — $579


Phase 1 (Evaluation)

To pass Phase 1, you must:

  • Achieve the 3% profit target

  • No minimum trading days required

  • Follow all trading rules and loss limits

After passing Phase 1, your evaluation is reviewed. If successful, you become a Funded SFX Trader.


Funded Phase

  • Complete at least 5 minimum trading days per payout cycle

  • Stay within the 3% daily drawdown and 6% max loss

  • Do not risk more than 2%

  • Follow all trading rules and loss limits


What Is A Trading Day?

A valid trading day is any day on which the profit is at least 0.5% of the initial account balance.


Maximum Drawdown — Phase 1

The maximum drawdown is 7% of your highest recorded account value, making it a trailing drawdown. This means your protection level increases as your account value grows, and it always remains 7% below your highest value achieved.

How does it work?

  • The drawdown level moves up whenever your account reaches a new high.

  • The drawdown level never moves down, even if your account value decreases later.

Example: If you start with a $100,000 account, your initial maximum drawdown level is $93,000.

If your equity rises to $104,000, the drawdown level moves up to $96,720 — and it stays there even if your equity drops back down.


Maximum Drawdown — Funded Phase

The maximum drawdown is 6% of your highest recorded account value, making it a trailing drawdown. This means your protection level increases as your account value grows, and it always remains 6% below your highest value achieved.

How does it work?

  • The drawdown level moves up whenever your account reaches a new high.

  • The drawdown level never moves down, even if your account value decreases later.

Example: If you start with a $100,000 funded account, your initial maximum drawdown level is $94,000.

If your equity rises to $105,000, the drawdown level moves up to $98,700 — and it stays there even if your equity drops back down.


Daily Drawdown — (Funded Phase Only)

How is it calculated?

At 5:00 PM EST, we check the higher value between the Account Balance or Account Equity. We then subtract 3% of the initial account size from that value to set the Daily Drawdown Threshold for the next trading day.

Example:

  • Account Balance: $105,000

  • Account Equity: $107,000 (Higher)

  • Threshold = $100,000 × 3% = $3,000

  • $107,000 − $3,000 = $104,000

Your balance/equity must stay above $104,000 for that trading day.


SFX Protect — Funded Phase Only

SFX Protect is designed to enforce strict risk management and prevent excessive losses on a single trade.

If your floating profit and loss (PnL) falls below -2% of your account balance at any time, the account will be permanently breached.

This rule is based on floating losses, meaning it applies to open trades before they are closed.

Example: For a $50,000 account:

  • 2% of account balance = $1,000

  • If the floating loss on a trade reaches -$1,000 (-2%), the account will be immediately breached.


What is the SFX Stability Index (SSI)?

The SSI applies only to the Funded Phase.

Your most profitable trading day must not exceed 20% of your total profits during the payout period. This ensures profits are generated consistently rather than relying on a single large trade.

If your SSI is higher than 20%, this is not a breach of the account. Simply continue trading until it is less than 20% to request a payout.


Payout Requirements

First Payout:

  • After 21 Calendar days have passed since the first trade.

  • At least 5 minimum trading days completed

  • A minimum profit of 2% achieved

  • The 20% SSI is met

Subsequent Payouts:

  • Payouts are bi-weekly (every 14 days)

  • At least 5 minimum trading days completed

  • A minimum profit of 2% achieved

  • The 20% SSI is met


Rewards & Profit Split

Profit Split: 80%, scaling up to 100% as you progress.

Payout Cycle: Bi-weekly (every 14 days).


Leverage Settings

  • Forex: 1:30

  • Indices & Commodities: 1:10

  • Crypto: 1:2

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