Depending on chosen trading strategy and phase the minimum profit target to complete the phase or earn commission is set between 5% to 20% of the initial balance. Profit target means that a trader reaches a profit of at least 5% to 20% of the initial account balance in the sum of closed positions on the assigned trading account in 30 trading days. Also, at the end of the trading period, all positions must be closed.
For example: If you trade Challenge with $100,000 capital targeting min. 10% = your profit target is $10,000.
After you have completed the Verification period (Phase 2), minimum profit target will be removed. You can trade your phase 3 account as long as you won’t reach max loss or daily loss limits or violate other rules or objectives.