Two-Phase Challenge
Our 2 step prop firm challenges offer a unique and exciting journey designed to cater to the needs of forex traders looking for a complete and engaging experience.
Experience the full scope of this incredible journey, which is thoughtfully divided into two distinct phases. Building a solid foundation is crucial for enhancing your strategies and skills. Once you’ve completed the initial phase, you’ll have the opportunity to demonstrate your expertise and gain access to a funded account. At FXCI, we are committed to helping you create your unique trading profile, regardless of the path you choose.Feel the ultimate trading experience with our comprehensive range of tools, unparalleled support, and limitless opportunities. Discover a world of potential and achieve your trading goals like never before.
Choose your account size
Depending on your challenge, you must complete specific trading objectives to prove you are consistent and disciplined enough to trade on an Expert account and share gains.
Your account balance. Your account balance. Your account balance. The maximum period of time allocated for completing trading objectives. The maximum period of time allocated for completing trading objectives. The maximum period of time allocated for completing trading objectives. The minimum period of time allocated for completing trading objectives. The minimum period of time allocated for completing trading objectives. The minimum period of time allocated for completing trading objectives. A maximum daily loss refers to the amount you are allowed to lose from your previous day’s balance on any given day. A maximum daily loss refers to the amount you are allowed to lose from your previous day’s balance on any given day. A maximum daily loss refers to the amount you are allowed to lose from your previous day’s balance on any given day. A maximum drawdown refers to the largest amount you are allowed to lose from your highest recorded account balance. A maximum drawdown refers to the largest amount you are allowed to lose from your highest recorded account balance. A maximum drawdown refers to the largest amount you are allowed to lose from your highest recorded account balance. The standard leverage is 1:100 to trade FX instruments and 1:50 for Metals, Indices and Commodities. The standard leverage is 1:100 to trade FX instruments and 1:50 for Metals, Indices and Commodities. The standard leverage is 1:100 to trade FX instruments and 1:50 for Metals, Indices and Commodities. Total profit requirement to advance to the next phase. Total profit requirement to advance to the next phase. Total profit requirement to advance to the next phase. When you become a funded trader, the fee is reimbursed to you with the initial profit split. When you become a funded trader, the fee is reimbursed to you with the initial profit split. When you become a funded trader, the fee is reimbursed to you with the initial profit split. A profit split is the sharing of the gains between the trader and our company. A profit split is the sharing of the gains between the trader and our company. A profit split is the sharing of the gains between the trader and our company. Our Process: 2-Phase Challenge
At our 2-Phase Challenge is designed to identify and support talented traders. The process starts with Phase 1: Evaluation, where traders use a demo account to demonstrate their skills over 30 days, aiming to meet profit targets and adhere to strict risk management rules.
Successful traders move to Phase 2: Verification, which lasts 60 days. This phase focuses on confirming the consistency of their trading strategy with slightly reduced profit targets and ongoing risk management.
Traders who pass both phases receive a live funded account and benefit from a profit-sharing model, potential account scaling, and continuous support from our experienced trading team.
Steps to Overcome the 2-Phase Challenge
Benefits FXCI Account 2-Phase Challenge
You can select from a variety of account sizes, ranging from $5,000 to $200,000, to accommodate your trading preferences and level of risk tolerance.
Gain access to a number of different markets, such as foreign exchange, commodities, cryptocurrency, and indices.
To maximize your earnings, you can take advantage of a profit split of up to 90 percent.
Your trades will be more flexible if you use leverage options, which include a ratio of 1:100.
You will be eligible to scale your account up to $5 million if you maintain a consistent level of performance, according to the scaling plan.
By allowing you to hold your trades over the weekend, you will have more time to keep your positions open in the event that it becomes necessary.
In the absence of any constraints, stay one step ahead of market-moving news events.
Trading without the restriction of a mandatory stop loss provides you with increased control over your trading decisions.
FAQ: About 2-phase prop trading firm?
According to the funded trader two step challenge, what are the profit targets for each phase of the Challenge?
Phase 1 has a profit target of 8%, while Phase 2 has a profit target of 5%. In funded accounts, the amount of profit that can be targeted is unlimited.
Just what are the limits of the drawdown?
For both phases, the daily drawdown limit is set at 4%, and the overall drawdown limit is set at 12% for Phase 1 and 12% for Phase 2.
Does the fee have a refund policy?
The fees are refundable. After you become a funded trader with FXCI, you will be eligible to receive a refund of the initial challenge fees from the funded account on the fourth payout that you receive from the account.
Is attendance on the weekend permitted?
The answer is yes; weekend holding is permitted in both aspects.
Is there a minimum number of trading days or days?
During funder trader two step challenge, you are required to engage in trading for a minimum of four days.
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