During the assessment, SF traders must meet specific profit targets to successfully pass their challenges. We offer three different challenge types, each with its own profit targets for each phase:
1. Instant Account Challenge
- 8% profit target = 55% reward
- 12% profit target = 65% reward
- 16% profit target = 75% reward
Rewards are capped at the defined step targets, and the account resets once a reward is requested. For example, if a $10,000 account generates a 10% reward ($1,000), the trader qualifies for the 8% step, receiving 55% of $800, a reward of $440.
2. Rapid Challenge
- Phase 1: 15% by default or 30% when purchasing 20/10 drawdons add on.
3. Regular Challenge
- Phase 1 (Assessment): 10% or 20%
- Phase 2 (Confirmation): 8% or 16%
Achieving the profit target means that an SF trader must attain a profit from the cumulative sum of closed positions in the designated SF trading account at any point during the unlimited simulated trading period.
It’s crucial to note that to advance to the next phase, all positions must be closed, and no trading rules may be breached.
Please note that in case you choose to increase the Maximum Overall Loss of your SF account from 10% to 20% by purchasing an add-on, the profit target for both phases doubles, from 10% to 20% in Phase 1, and from 8% to 16% in Phase 2.