Help CenterWhat is the 1x Evaluation Challenge?
The 1x Evaluation Challenge is a one-phase trading assessment where traders use virtual funds on an evaluation account to demonstrate their skills. During this stage, all trading strategies are allowed, as long as traders achieve their profit target without exceeding the maximum loss limits. If successful, traders can progress to a Funded Account with a balance of up to $100,000. In the Funded Account, traders must comply with the prohibited trading strategies, trading rules and restrictions; any violations will result in failure of the challenge. The Funded Account operates on a profit-sharing model, starting at 50/50, allowing traders to retain a portion of the profits they generate.
Key Features of the 1x Evaluation Challenge:
Profit Targets and Drawdowns:
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Achieve a 10% profit to pass the evaluation phase.
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Ensure that your Max Daily Loss does not exceed 4% of the account's previous day's end-of-day balance (calculated at 00:00 MT4 server time) in any single trading day.
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Do not exceed a Max Total Loss limit of 8%, which dynamically trails the account's highest balance by 8% of the initial starting balance.
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No time limits, trade at your own pace.
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A minimum of 1 trading day is required to complete the evaluation phase.
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Accounts inactive for 30 consecutive days will be terminated.
Leverage:
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During the evaluation phase, enjoy up to 1:100 leverage.
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Once funded, leverage is adjusted to 1:30.
Profit Split and Payouts:
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Profit-sharing starts at 50% and increases to 70% on the second payout, and 80% on the third and subsequent payouts.
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First payout requests can be made 15 days after your first funded trade.
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The maximum payout amount is capped at 6% of the account's starting balance per payout cycle. For example, on a $100,000 account, a profit of $13,000 would yield a maximum payout of $6,000 regardless of the profit split tier.
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Traders achieving 5 successful payouts and withdrawing 10% of their initial balance become eligible for VIP status, with payouts available every 7 days.
Prohibited Trading Strategies, Trading Rules and Restrictions:
Evaluation Phase: During the evaluation phase, all trading styles, including Expert Advisors (EAs), automated bots, and high-frequency trading, are allowed.
Funded Phase: The funded phase restricts specific practices:
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The combined value of all active funded accounts cannot exceed $400,000 per trader.
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No single trading day should contribute more than 25% of the total profits when requesting a payout.
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Each trade must not risk more than 3% of the account balance.
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Prohibited Trading Strategies include: Holding Shares during Earnings, Arbitrage, System Exploits, High-Frequency Trading (HFT), Tick Scalping, Sharing accounts, ALL in 1 Bet, Martingale, Automated Trading Algorithms, Software, Expert Advisors (EAs), or Bots, and Copy Trading & Reverse Copy Trading, News Trading – trading (within a 20-minute window) 10 minutes before or after High Impact News is prohibited, violations may lead to challenge failure and forfeited profits, Holding positions (including crypto) over the weekend is prohibited, Inadequate Risk Management, Exploitation of Statistical Vulnerabilities, and Gambling-like behaviour, Hedging between accounts or profiles - whether independently or in collaboration with others, as well as internal hedging (placing opposing positions on the same instrument within a single account), is strictly prohibited.
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Failure to comply with these rules may result in the account being breached, the challenge being failed, and any profits becoming null and void.
The 1x Evaluation Challenge is ideal for traders seeking a straightforward evaluation with flexible timelines and a clear pathway to a fully Funded Account.