The Trading Pit’s one-step CFD challenge account aims to identify skilled and dedicated traders who can consistently perform during the evaluation period. Successful participants in this program will have the opportunity to trade with a leverage of 1:30.

During the evaluation phase, traders are expected to achieve a profit target of 10%, except for those with a $100,000 account size, who must reach an 8% profit target. It’s crucial to adhere to the rules, which include not exceeding a maximum daily loss of 5% or an overall maximum loss of 10%. Please keep in mind that trailing drawdown rules apply to account sizes of $10,000 and $20,000, while static drawdown rules apply to $50,000 and $100,000 accounts. The evaluation phase must be completed within a maximum trading period of 90 calendar days. Additionally, traders must meet a minimum trading requirement of three days to qualify for a funded account.

Upon successful completion of the one-step challenge, traders will receive a funded account and will be assigned a profit target of either 8% or 10% based on their initial account size. Traders must also adhere to a maximum daily loss limit of 5%, and their maximum drawdown is now determined by a trailing loss rule of 10%. Once they reach the 10% profit target, traders can request a profit split of 50% or 60% (depending on their account size) and use it to scale up their account to the next level. It’s important to note that subsequent payouts can only be requested after reaching the next 10% profit target. The specific profit split for future payouts will vary from 50% to 80%, depending on the trader’s initial account size and the current level of their trading account.

The one-step challenge account includes a scaling plan that involves achieving an 8% or 10% profit target based on the trader’s initial account balance, which varies depending on their account size. The scaling plan ranges from $500,000 to $5,000,000, depending on the specific account size being traded. For reference, the scaling plan for two-step challenge accounts is provided below.

Trading instruments for the one-step challenge accounts are forex pairs, commodities, indices, bonds, stocks, and cryptocurrencies.

One-step challenge account rules

• The profit target represents a predetermined percentage of profit that traders must achieve before they can successfully conclude an evaluation phase, withdraw profits, or expand their account. Depending on the account size, the one-step challenge entails meeting a profit target of either 10% or 8%. Similarly, funded accounts necessitate reaching an 8% or 10% profit target in order to facilitate profit withdrawal and account scaling, contingent upon the initial account size.
• The maximum daily loss denotes the highest permissible amount of loss a trader can incur within a single day before the account becomes compromised. For all account sizes, a maximum daily loss limit of 5% applies.
• The maximum loss signifies the utmost admissible loss a trader can incur overall before the account becomes compromised. During the evaluation phase, all account sizes are subject to a maximum loss cap of 10%.
• The maximum trailing drawdown indicates the highest allowable drawdown, which is determined by the disparity between the peak account balance attained and the maximum drawdown experienced. Upon achieving funded status, all account sizes are subject to a maximum trailing drawdown of 10%. It should be noted that account sizes of $10,000 and $20,000 also have a trailing drawdown requirement during the evaluation phase.
• The minimum trading days represent the minimum duration for which traders must engage in trading activities before they can successfully complete an evaluation phase or request a withdrawal. In the evaluation phase, a minimum of three trading days is required.
• The maximum trading days denote the upper limit of time within which traders must attain a specific profit target or withdrawal target. During the evaluation phase, a maximum trading period of 90 trading days is in effect.
• The consistency rule is a regulation that mandates traders to maintain consistent position sizes, employ risk management strategies, and experience consistent losses and gains, among other factors. This implies that the characteristics of account performance should not exhibit significant deviations. It is prohibited to exceed 30% of the profit target within a single trading day.
• The restriction on copy trading explicitly prohibits traders from utilizing any form of copy trading services.
• Reset option: You have the opportunity to initiate a reset at a reduced cost. This will establish a new account with the remaining duration of the challenge. If you opt to reset your account five days after the initial purchase, your new account will commence with the remaining 85 days. There is no limitation on the number of resets you can obtain. However, in the event of an account breach, you will receive an email containing a unique link that will enable you to reset and resume the challenge.
• Extend option: You have the eligibility to purchase an extension. As an example, if you possess three days remaining until the conclusion of the challenge, you have the choice to prolong your trading period by an additional 90 calendar days.