The Xpert Funding Swing Challenge offers experienced traders the freedom to trade news and hold positions overnight, combining professional risk management with full market flexibility.
Key Summary:
Profit Target: Phase 1 – 8% • Phase 2 – 5% • Daily Drawdown: 5% • Max Drawdown: 10% (Fixed) • Minimum Trading Days: 3 per phase • Profit Split: 80% • No Time Limit • NEWS & WEEKEND HOLDING ALLOWED • Payout Cycle: Every 21 Days
Phases for the Swing Challenge Model
The Xpert Funding Swing Challenge is built for traders who value flexibility, patience, and full market access. This model follows the same two-phase evaluation structure as the 2-Step Challenge, but with one key difference Swing traders are allowed to hold positions overnight and trade during high-impact news events.
Each phase uses the same core risk parameters:
5% Daily Drawdown, 10% Maximum Drawdown, and the 75% Margin Use Rule, ensuring fairness and discipline across every trading style.
Next Steps After Passing a Phase
The process after completing each phase depends on your account size:
Accounts below $10,000: The next phase begins automatically after successful completion.
Accounts $10,000 and above: Your results go through a brief manual review by our risk team before advancing or activating your Funded (Simulated) Account. (24H)
This ensures every result is verified, compliant, and eligible for payouts.
The Evaluation Phase (Phase 1)
The first phase evaluates your ability to reach the profit target while maintaining disciplined risk management and consistent performance over time.
Objectives:
Reach the required profit target while following all drawdown and margin rules.
Complete a minimum of 3 active trading days with at least 0.5% movement per day.
News trading and overnight positions are fully allowed in this model.
The Verification Phase (Phase 2)
The second phase confirms that your strategy and consistency are repeatable under identical conditions.
Objectives:
Maintain strict risk management and controlled exposure.
Meet the profit target within all drawdown limits.
Trade at least 3 active days before completion.
The Funded (Simulated) Account
After passing both phases, you’ll receive your Funded (Simulated) Account, where you can continue trading under identical swing conditions including overnight and news trading permissions.
Traders who perform consistently may qualify for scaling programs and higher simulated funding allocations.
For payout schedules, scaling, and profit distribution, visit our Reward Cycle section.
Account Violation ( Hard Breach )
A Hard Breach refers to a serious violation of the trading rules that results in the immediate and permanent closure of the Challenge and funded account.
Maximum Loss Limit (10%)
The Maximum Loss Limit represents the total amount your balance or equity cannot fall below relative to your starting balance.
It is fixed, not trailing and remains constant throughout both phases of the challenge.Maximum Drawdown: 10% (of the initial account balance)
Example:
For a $100,000 account, your equity or balance must never drop below $90,000.
If it does, the account is breached immediately.
Daily Loss Limit (5%)
The Daily Loss Limit defines the maximum amount your account can lose within a single trading day. It is calculated each day at 00:00 UTC based on the higher value between balance or equity.Daily Loss Limit: 5% (of the higher balance or equity at 00:00 UTC)
Example 1 – Higher Equity:
If your balance is $105,000 and equity is $107,000 → equity cannot fall below $101,650 that day.
Example 2 – Higher Balance:
If your balance is $100,000 and equity is $99,000 → equity cannot fall below $95,000 that day.
This limit resets daily at 00:00 UTC using the higher of your balance or equity.
75% Margin Use Rule
Traders must not use more than 75% of available margin across open positions.This rule prevents over-leveraging and ensures sustainable exposure.
Example:
With a $100 000 account and 1:50 leverage, your buying power equals $5 000 000.Under the 75% rule, the maximum usable exposure is $3 750 000.
Opening trades above this limit results in an immediate breach.
Inactivity Rule
If your account remains inactive for 30 consecutive days, it will automatically be closed.To remain active, at least one trade must be opened and closed within each 30-day period.
Soft Breaches (Warnings & Minor Violations)
Soft breaches are non-terminal violations of trading conduct.
They do not close your account but may lead to a temporary suspension, profit reduction, or payout delay. These exist to protect trading consistency and maintain fairness across all participants.
Trade limit
No single trade should make more than 70% of your profit target. Also, note that multiple trades placed at the same time on the same asset are also counted as one trade.(Applies during challenge Phase).
Reward Cycle & Profit Split
Our Reward Cycle defines how traders receive payouts and how profits are distributed once the account becomes funded. This structure ensures regular, transparent compensation while encouraging disciplined performance.
Profit Split
Profit Split: 80% to the trader, 20% to Xpert Funding
Applies To: Funded Accounts only
All profits are calculated based on closed trades.
Withdrawals cannot be made from open positions or floating equity.
Payout Frequency
Cycle: Every 21 days
Eligibility:
At least 3 profitable trading days since the last payout
Minimum $100 profit balance
Payouts can be requested through your Xpert Funding dashboard once these conditions are met. All verified profits are distributed within the next payment cycle.
Instrument Types & Leverage
Trading instruments are divided into categories with clearly defined leverage limits.
These parameters ensure realistic exposure and maintain consistent risk management between the Challenge and Funded phases.
Leverage:
Challenge Phase
Forex (1:100)
Indices (1:20)
Commodities (1:20)
Crypto (1:2)
Funded Phase
Forex (1:50)
Indices (1:10)
Commodities (1:10)
Crypto (1:2)