# Challenge & Trader Stage

Each Challenge consists of **1 Stage** to complete the **One Step Evaluation** and **2 Stages** for the **Two Steps Evaluation**. Upon completing the requirements of these stages, you will become a Funded Trader and will be eligible to receive 80% profit sharing.

**One step Evaluation:** 

|      Criteria      |  Stage 1  | Trader Stage |
| :----------------: | :-------: | :----------: |
| Profit Share Ratio |     -     |      80%     |
|   Leverage Ratio   |    1:5    |      1:5     |
|    Trading Days    | Unlimited |   Unlimited  |
|  Min. Trading Days |     -     |       -      |
|   Max. Daily Loss  |     4%    |      4%      |
|      Max. Loss     |     6%    |      6%      |
|    Profit Target   |    10%    |       -      |

**Two steps Evaluation:** 

|      Criteria      |  Stage 1  |  Stage 2  | Trader Stage |
| :----------------: | :-------: | :-------: | :----------: |
| Profit Share Ratio |     -     |     -     |      80%     |
|   Leverage Ratio   |    1:5    |    1:5    |      1:5     |
|    Trading Days    | Unlimited | Unlimited |   Unlimited  |
|  Min. Trading Days |     -     |     -     |       -      |
|   Max. Daily Loss  |     5%    |     5%    |      5%      |
|      Max. Loss     |    10%    |     8%    |      8%      |
|    Profit Target   |     8%    |     5%    |       -      |

**Instant Funding Challenge**

|      Criteria      | Trader Stage |
| :----------------: | :----------: |
| Profit Share Ratio |      60%     |
|   Leverage Ratio   |      1:5     |
|    Trading Days    |   Unlimited  |
|  Min. Trading Days |       -      |
|   Max. Daily Loss  |      3%      |
|      Max. Loss     |      6%      |
|    Profit Target   |       -      |

Only in the **Two Steps Evaluations** (individual Two-Step Evaluations, not from promotions) are eligible to receive a **refund** of their challenge activation fee upon executing their **third withdrawal**.

For example, a trader who purchased a $79 Two Steps Evaluation Challenge and successfully reached the **Trader Stage** will be able to withdraw the $79 activation fee along with their third profit payout.

**Important**: Traders in the **Trader Stage** must continue to adhere to the Maximum Daily Loss and Maximum Total Loss requirements to maintain their funded account. **Any violation of these rules will result in the challenge being considered disqualified, requiring the trader to retake a new challenge**.

<br>


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://bitfunded.gitbook.io/support/introduction/challenge-and-trader-stage.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.