# 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  |    Live   |
| :----------------: | :-------: | :-------: |
| 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  |    Live   |
| :----------------: | :-------: | :-------: | :-------: |
| 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      |    Live   |
| :----------------: | :-------: |
| 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 Evaluation**, Traders 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 Live Stage will be able to withdraw the $79 activation fee along with their third profit payout.

**Important**: Traders in the Live 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**.

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