If you believe you are a skilled trader, you should definitely take part in the Funded Account Challenge to get an account Funded by SageFX and keep 80% of the profits.
In order to successfully complete the challenge, you need to trade in line with the following requirements:
Stage 1
- 10% Profit in 30 days
- Minimum 10 days of trading
- Daily Loss/Drawdown (Equity) of 5%
- Maximum Overall Loss of 12%
- Follow the consistency rule*
Stage 2
- 8% Profit in 60 days
- Minimum 10 days of trading
- Daily Loss/Drawdown (Equity) of 5%
- Maximum Overall Loss of 12%
- Follow the consistency rule
*You can check the highest profit rate on your Dashboard to meet the consistency rule.
The profits earned in a single trading day must not exceed 30% of the overall profit earned. This parameter demonstrates you’re a trader capable of generating consistent profits while managing risk efficiently, and not relying on pure luck. If your best trading day is equal to or higher than 30% of your overall profits earned, you must keep on trading until your best trading day percentage is below 30%.