The Two-Phase Challenge at FXRK evaluates your skills in the real market, following these main rules:
Phase 1 Profit Target: Achieve an 8% profit while respecting the other trading rules.
Phase 2 Profit Target: Achieve a 5% profit after passing Phase 1.
No time limit: Trade at your own pace without deadlines.
Maximum Daily Loss: You cannot lose more than 5% of your account's initial balance in a single day, both in open and closed positions.
Maximum Total Loss: The total loss limit is 10% of your account balance throughout the challenge.
Minimum Trading Days: You must make at least one trade on 3 different days. The days do not need to be consecutive, and you can trade as many times as you want.
Weekly Payouts: After successfully completing the challenge, you will receive your profits weekly.
Profit Sharing: Earn up to 80% or 90% of the profits.
Leverage 1:100: Take advantage of market opportunities with careful risk management.
Trading on News and Weekends: Trading during news events and holding positions over the weekend is allowed, with the necessary precautions.