The Challenge at FXRK is structured into two distinct Phases, each with its own set of conditions:
Phase 1:
This initial phase comes with specific conditions that participants need to meet.
Successfully meeting these conditions qualifies you automatically for Phase 2.
Phase 2:
This phase also has its own set of conditions, less stringent than those of Phase 1.
Upon completing both Phase 1 and Phase 2, you advance to the status of a Funded Trader. As a Funded Trader, you will:
Be provided with a demo account that matches the value of the challenge you initially purchased.
Not have any Profit Target in this new phase of trading.
Be entitled up to 90% of the profit from your trades, which can be requested and received promptly, often within hours of making a payout request.
For detailed information on the uniform challenge terms and conditions, and to understand how this progression works, you can refer to the subsequent Q&A section. This will offer comprehensive insight into the Challenge's structure and your journey towards becoming a Funded Trader with FXRK.