Hare
Turtle
Instant Funding
Customizations are add-ons for traders to create a unique challenge / trading account that better suites their trading style.
The customizations that are available for each account type (Turtle / Hare / Instant Funding) vary due to the different nature of each account.
Here is a list of customizations that we offer on each different account:
Hare
Turtle
Instant Funding
Yes, on all account types, customizations that you have purchased gets applied to your funded accounts once you have passed your challenge.
Adding customizations to accounts is a manual process and so the time that it takes for customizations to be added to your account can vary depending on how busy we are.
We try to get to them ASAP so that you can start trading immediately however, it can take us between 24 to 48 hours, during weekends.
Once we have applied the customizations to your account you will see the changes on your dashboard.
If you are not sure if your customizations have been added, you can always check by sending us and email or asking the support team on live chat.
No, the customization fees are not refunded with your first payout.
This includes the fee refund on the Hare accounts. Only the account fee is refunded, not the customization fee.
Choose your account type
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $150 |
3% / $150 |
Max Loss |
6% / $300 |
6% / $300 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
$55 |
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $300 |
3% / $300 |
Max Loss |
6% / $600 |
6% / $600 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
$100 |
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $750 |
3% / $750 |
Max Loss |
6% / $1,500 |
6% / $1,500 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $1,500 |
3% / $1,500 |
Max Loss |
6% / $3,000 |
6% / $3,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $3,000 |
3% / $3,000 |
Max Loss |
6% / $6,000 |
6% / $6,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $6,000 |
3% / $6,000 |
Max Loss |
6% / $12,000 |
6% / $12,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $15,000 |
3% / $15,000 |
Max Loss |
6% / $30,000 |
6% / $30,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
10% |
NA |
Max Daily Loss |
3% / $30,000 |
3% / $30,000 |
Max Loss |
6% / $60,000 |
6% / $60,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $250 |
5% / $250 |
Max Loss |
10% / $500 |
10% / $500 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $500 |
5% / $500 |
Max Loss |
10% / $1,000 |
10% / $1,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $1,250 |
5% / $1,250 |
Max Loss |
10% / $2,500 |
10% / $2,500 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $2,500 |
5% / $2,500 |
Max Loss |
10% / $5,000 |
10% / $5,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $5,000 |
5% / $5,000 |
Max Loss |
10% / $10,000 |
10% / $10,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $10,000 |
5% / $10,000 |
Max Loss |
10% / $20,000 |
10% / $20,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $25,000 |
5% / $25,000 |
Max Loss |
10% / $50,000 |
10% / $50,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Phase 1 |
Funded |
|
Profit Split |
NA |
80% |
Account Scaling |
NA |
Yes |
Scaling To |
NA |
$3 Mill |
Target |
20% |
NA |
Max Daily Loss |
5% / $50,000 |
5% / $50,000 |
Max Loss |
10% / $100,000 |
10% / $100,000 |
Min Time Days |
10 |
10 |
Max Time Days |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
Account Scaling |
NA |
Yes |
EA’s Allowed |
Yes |
Yes |
News Trading |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Payout |
NA |
2 Weeks |
Participation Fee |
|
$0 |
The profit target on the stage 1 account is reached when the account equity reaches 10% gain above the initial starting equity.
There is no profit target for stage 2 funded accounts.
We calculate the daily loss limit based on the previous day’s end of day equity. This is calculated at 5PM EST, so ensure you know what time of day this is in your location.
All of this is calculated for you automatically inside your traders dashboard in real time, so you don’t need to calculate any of it, but you do need to understand it.
Example 1:
The day’s starting balance was $100,000. You open a position and it goes into $10,000 profit and you close the trade before the end of the day. At the end of this day your account equity is $110,000 which is carried over to the second day.
The second day your daily drawdown limit is reset with the new High-Water Mark being $110,000. If your daily drawdown limit is 3% on the Turtle account then the lowest your equity can reach is $110,000 – $3,300 = $106,700.
Example 2 (Violation): The day’s starting balance was $100,000. You open a position and it goes into $10,000 profit but you did NOT close the trade before the end of the day. Instead you moved your stop-loss to breakeven. At the end of this day your account equity is $110,000 which is carried over to the second day.
On the second day the trade goes back to breakeven and is closed by your stop-loss. Even though the individual trade did not lose from the balance, you have lost more than the allowable amount (3% on a Turtle account) on a single day and this will be a hard violation and the account will be closed.
The Maximum Drawdown is static, which means it is calculated based on the initial balance and not the equity.
For example:
The Maximum drawdown of a 100K Turtle account is 6% of the initial balance. This means that the Maximum drawdown level is always 100K minus (100K x 6%) = 94K.
If you violate this rule, the account will be closed.
The minimum time to complete the Turtle Challenge is 10 trading days. There must have been at least one trade opened on 10 different days to successfully pass the challenge.
A trader may not reach the profit target with one large trade, then use significantly smaller lots to pass the minimum trading days.
When the account is reviewed if there is a large difference in lot size used to pass minimum time rule the challenge will be failed.
Trades must be fully executed trades, they can not just be opened and closed. Pending orders do not count towards the total.
You can take as much time as you need to complete the Turtle Challenge, as there is no maximum time limit. You are free to trade at your own pace as long as you do not breach the inactivity period.
All challenge and funded accounts are traded on a demo account so we can manage our risk. Your funded account is connected to a real funded account, which you are paid from.
To ensure trades can be copied effectively to the real account we can not tolerate any form of manipulation on any account.
Manipulation includes but not limited to:
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $250 |
5% / $250 |
5% / $250 |
Max Loss |
10% / $500 |
10% / $500 |
10% / $500 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$69 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $500 |
5% / $500 |
5% / $500 |
Max Loss |
10% / $1,000 |
10% / $1,000 |
10% / $1,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$110 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $1,250 |
5% / $1,250 |
5% / $1,250 |
Max Loss |
10% / $2,500 |
10% / $2,500 |
10% / $2,500 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$220 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $2,500 |
5% / $2,500 |
5% / $2,500 |
Max Loss |
10% / $5,000 |
10% / $5,000 |
10% / $5,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$330 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $5,000 |
5% / $5,000 |
5% / $5,000 |
Max Loss |
10% / $10,000 |
10% / $10,000 |
10% / $10,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$550 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $10,000 |
5% / $10,000 |
5% / $10,000 |
Max Loss |
10% / $20,000 |
10% / $20,000 |
10% / $20,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$997 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
10% |
5% |
NA |
Max Daily Loss |
5% / $20,000 |
5% / $20,000 |
5% / $20,000 |
Max Loss |
10% / $40,000 |
10% / $40,000 |
10% / $40,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
$1,994 |
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $500 |
10% / $500 |
10% / $500 |
Max Loss |
20% / $1,000 |
20% / $1,000 |
20% / $1,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $1,000 |
10% / $1,000 |
10% / $1,000 |
Max Loss |
20% / $2,000 |
20% / $2,000 |
20% / $2,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $2,500 |
10% / $2,500 |
10% / $2,500 |
Max Loss |
20% / $5,000 |
20% / $5,000 |
20% / $5,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $5,000 |
10% / $5,000 |
10% / $5,000 |
Max Loss |
20% / $10,000 |
20% / $10,000 |
20% / $10,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $10,000 |
10% / $10,000 |
10% / $10,000 |
Max Loss |
20% / $20,000 |
20% / $20,000 |
20% / $20,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $20,000 |
10% / $20,000 |
10% / $20,000 |
Max Loss |
20% / $40,000 |
20% / $40,000 |
20% / $40,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
Phase 1 |
Phase 2 |
Funded |
|
Profit Split |
NA |
NA |
80% |
Account Scaling |
NA |
NA |
Yes |
Scaling To |
NA |
NA |
$3 Mill |
Target |
20% |
10% |
NA |
Max Daily Loss |
10% / $40,000 |
10% / $40,000 |
10% / $40,000 |
Max Loss |
20% / $80,000 |
20% / $80,000 |
20% / $80,000 |
Min Time Days |
5 |
5 |
10 |
Max Time Days |
Unlimited |
Unlimited |
NA |
Account Leverage |
1:100 |
1:100 |
1:100 |
EA’s Allowed |
Yes |
Yes |
Yes |
News Trading |
Yes |
Yes |
Yes |
Weekend Holding |
Yes |
Yes |
Yes |
Payout |
NA |
NA |
2 Weeks |
Participation Fee |
|
$0 |
Refund |
The profit target on the stage 1 account is reached when the account equity reaches 10% gain above the initial starting equity.
The profit target on the stage 2 account is reached when the account equity reaches 5% gain above the initial starting equity.
There is no profit target for stage 3 funded accounts.
You can add a customization to increase your daily drawdown to 6% and maximum drawdown to 12%.
We calculate the daily loss limit based on the previous day’s end of day equity. This is calculated at 5PM EST, so ensure you know what time of day this is in your location.
All of this is calculated for you automatically inside your traders dashboard in real time, so you don’t need to calculate any of it, but you do need to understand it.
Example 1:
The day’s starting balance was $100,000. You open a position and it goes into $6,000 profit and you close the trade before the end of the day. At the end of this day your account equity is $106,000 which is carried over to the second day.
The second day your daily drawdown limit is reset with the new High-Water Mark being $106,000. If your daily drawdown limit is 5% on the Hare account then the lowest your equity can reach is $106,000 – $5,300 = $100,700.
Example 2 (Violation):
The day’s starting balance was $100,000. You open a position and it goes into $6,000 profit but you did NOT close the trade before the end of the day. At the end of this day your account equity is $106,000 which is carried over to the second day.
On the second day the trade goes back to breakeven and is closed by your stop loss. Even though the individual trade did not lose from the balance, you have lost more than the allowable amount (5% on a Hare account) on a single day and this will be a hard violation and the account will be closed.
If you violate this rule, the account will be closed.
You can add a customization to increase your maximum drawdown to 12% and daily drawdown to 6%.
The Maximum Drawdown is static, which means it is calculated based on the initial balance and not the equity.
For example:
The Maximum drawdown of a 100K Hare account is 10% of the initial balance. This means that the Maximum drawdown level is always 100K minus (100K x 10%) = 90K.
The minimum to complete each phase of the Hare Challenge is 5 trading days. There must have been at least one trade opened on 5 different days to successfully pass each phase of the Challenge.
A trader may not reach the profit target with one large trade, then use significantly smaller lots to pass the minimum trading days. When the account is reviewed if there is a large difference in lot size used to pass minimum time rule the Challenge will be failed.
Trades must be fully executed trades, they can not just be opened and closed.
Pending orders do not count towards the total.
All challenge and funded accounts are traded on a demo account so we can manage our risk. Your funded account is connected to a real funded account, which you are paid from.
To ensure trades can be copied effectively to the real account we can not tolerate any form of manipulation on any account.
Manipulation includes but not limited to:
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
Level 7 |
Level 8 |
|
$2,500 |
$10,000 |
$20,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
Max Loss Static |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
$125 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
Level 7 |
||
$5,000 |
$20,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
||
Scaling Target |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
|
Max Loss Static |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
|
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
|
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
|
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
|
One Time Desk Fee |
$250 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
|
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
|||
$10,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|||
Scaling Target |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
||
Max Loss Static |
5% |
5% |
5% |
5% |
5% |
5% |
5% |
||
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
||
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
||
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
||
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
||
One Time Desk Fee |
$500 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
||
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
||||
$20,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
||||
Scaling Target |
10% |
10% |
10% |
10% |
10% |
10% |
|||
Max Loss Static |
5% |
5% |
5% |
5% |
5% |
5% |
|||
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
|||
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
|||
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
|||
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
|||
One Time Desk Fee |
$1,000 |
$0 |
$0 |
$0 |
$0 |
$0 |
|||
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
|||||
$40,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|||||
Scaling Target |
10% |
10% |
10% |
10% |
10% |
||||
Max Loss Static |
5% |
5% |
5% |
5% |
5% |
||||
Min Time Days |
5 |
5 |
5 |
5 |
5 |
||||
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
||||
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
||||
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
||||
One Time Desk Fee |
$2,000 |
$0 |
$0 |
$0 |
$0 |
||||
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
Level 7 |
Level 8 |
|
$2,500 |
$10,000 |
$20,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
Max Loss Static |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
|
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
*capped at target |
|||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
Level 7 |
|
$5,000 |
$20,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
Max Loss Static |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
|
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
*capped at target |
||||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
Level 6 |
|
$10,000 |
$40,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
20% |
20% |
20% |
20% |
20% |
20% |
20% |
Max Loss Static |
10% |
10% |
10% |
10% |
10% |
10% |
10% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
|
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
*capped at target |
|||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
Level 5 |
|
$20,000 |
$80,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
20% |
20% |
20% |
20% |
20% |
20% |
Max Loss Static |
10% |
10% |
10% |
10% |
10% |
10% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
|
$0 |
$0 |
$0 |
$0 |
$0 |
*capped at target |
||||||
Start |
Level 1 |
Level 2 |
Level 3 |
Level 4 |
|
$40,000 |
$160,000 |
$320,000 |
$640,000 |
$1,280,000 |
|
Scaling Target |
20% |
20% |
20% |
20% |
20% |
Max Loss Static |
10% |
10% |
10% |
10% |
10% |
Min Time Days |
5 |
5 |
5 |
5 |
5 |
Max Days On Level |
Unlimited |
NA |
NA |
NA |
NA |
Your Profit Share |
50%* |
50% |
50% |
50% |
50% |
Leverage Up To |
1:100 |
1:100 |
1:100 |
1:100 |
1:100 |
One Time Desk Fee |
|
$0 |
$0 |
$0 |
$0 |
*capped at target |
|||||
Standard Account
The profit target to reach the next stage of the Instant Standard Account is 10%. Traders are free to make withdrawals from their account which will not affect their profit target to scale.
For example, if you make 6%, make a 6% withdrawal from your account and then make another 4% profit, you are still eligible to scale to the next level.
Aggressive Account
The profit target to reach the next level of the Instant Aggressive Account is 20%. Traders are free to make withdrawals from their account which will not affect their profit target to scale.
For example, if you make 12%, make a 12% withdrawal from your account and then make another 8% profit, you are still eligible to scale to the next level.
There is no Daily Drawdown limit for either the Instant Standard or Instant Aggressive Accounts.
The Maximum Drawdown for the Instant accounts are static. This means that no matter the profit you are in, your Maximum Drawdown limit is always calculated from the initial account balance after scaling.
For example, if you have a $80,000 account.
For the Instant Standard Account:
$80,000 – 5% = $76,000 is the lowest equity your account can reach before violating this rule.
For the Instant Aggressive Account:
$80,000 – 10% = $72,000 is the lowest equity your account can reach before violating this rule.
If you violate this rule, the account will be closed.
The minimum time to scale to the next level of both the Instant Funding Accounts is 5 trading days. There must have been at least one trade opened on 5 different days to qualify to scale your account.
A trader may not reach the profit target with one large trade, then use significantly smaller lots to pass the minimum trading days. When the account is reviewed if there is a large difference in lot size used to pass minimum time rule the Challenge will be failed.
Trades must be fully executed trades, they can not just be opened and closed.
Pending orders do not count towards the total.
All accounts are traded on a demo account so we can manage our risk. Your funded account is connected to a real funded account from which you are paid.
To ensure trades can be copied effectively to the real account we can not tolerate any form of manipulation on any account.
Manipulation includes but not limited to:
Traders may place an average of up to 10 trades per day.
A Trading day starts from 00:00 GMT +2 (+3 depending on daylight savings) and ends at 23:59 GMT +2 (+3). This is the time that is displayed in your Platform 4 / Platform 5.
The stop loss needs to be placed before the order is placed, whether that is a market or limit order, or else the system will close the order automatically.
This will be done at market price at the time and you will receive an email from us notifying you of the fact the trade has been closed.
Not having a stop loss is a soft rule and will not result in you automatically losing the account.
If a position is open that’s greater than 2% risk per trade, it will automatically be closed.
All content published and distributed by Traders With Edge (Hong Kong) Limited and its affiliates is to be treated as general information only. None of the information provided by the Traders With Edge (Hong Kong) Limited is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Any information contained on the Traders With Edge website, social media, or any other third party site in relation to Traders With Edge, is used at your own risk and Traders With Edge assumes no responsibility or liability for any use or misuse of such information.
Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose. Traders With Edge (Hong Kong) Limited does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional.
Traders With Edge (Hong Kong) Limited is not a broker, does not accept deposits for brokers and does not provide any investment services. Traders With Edge (Hong Kong) Limited does not act as or conduct services as a custodian. Purchases of programs should not be considered deposits. All program fees are used for operating costs including, but not limited to, staff, technology and other business related expenses.
Traders With Edge (Hong Kong) Limited operates from Unit 1603, 16th Floor, The L. Plaza, 367 – 375 Queen’s Road Central, Sheung Wan, Hong Kong, though it does not accept residents from Hong Kong, Australia, Cuba, Iran, North Korea, Sudan or Syria.
This website is not part of the Facebook website or Facebook Inc. Additionally, this site is not endorsed by Facebook in any way. Facebook is a trademark of Facebook, Inc. Complete details for Facebook’s legal terms and policies are are available on their website. Facebook is a trademark of Facebook, Inc.
We use Google remarketing pixels/cookies on this site to re-communicate with people who visit our site and ensure that we are able to reach them in the future with relevant messages and information. Google shows our ads across third party sites across the internet to help communicate our message and reach the right people who have shown interest in our information in the past.
All content published and distributed by Traders With Edge (Hong Kong) Limited and its affiliates is to be treated as general information only. None of the information provided by the Traders With Edge (Hong Kong) Limited is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Any information contained on the Traders With Edge website, social media, or any other third party site in relation to Traders With Edge, is used at your own risk and Traders With Edge assumes no responsibility or liability for any use or misuse of such information.
Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose. Traders With Edge (Hong Kong) Limited does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional.
Traders With Edge (Hong Kong) Limited is not a broker, does not accept deposits for brokers and does not provide any investment services. Traders With Edge (Hong Kong) Limited does not act as or conduct services as a custodian. Purchases of programs should not be considered deposits. All program fees are used for operating costs including, but not limited to, staff, technology and other business related expenses.
Traders With Edge (Hong Kong) Limited operates from RM 2103 Futura Plaza 111, How Ming St Kwun Tong, Hong Kong, though it does not accept residents from Hong Kong, Australia, Cuba, Iran, North Korea, Sudan or Syria.
This website is not part of the Facebook website or Facebook Inc. Additionally, this site is not endorsed by Facebook in any way. Facebook is a trademark of Facebook, Inc. Complete details for Facebook’s legal terms and policies are are available on their website. Facebook is a trademark of Facebook, Inc.
We use Google remarketing pixels/cookies on this site to re-communicate with people who visit our site and ensure that we are able to reach them in the future with relevant messages and information. Google shows our ads across third party sites across the internet to help communicate our message and reach the right people who have shown interest in our information in the past.
