The Flex Challenge includes two evaluation phases before you can reach the funded phase.
This model is designed for freedom and flexibility, with unlimited duration, no minimum trading days, and a daily profit cap of 2%. Each stage is built to allow traders to progress at their own pace while maintaining responsible risk management.
How the Daily Drawdown Works
The daily drawdown is calculated at 5% of either your account balance or equity at 5 PM EST, whichever is higher.
This ensures that your account remains protected while still allowing room for growth.
Example:
If your equity at 5 PM is $105,000 and your balance is $100,000:
Drawdown limit = 5% of $105,000 = $5,250
Minimum equity allowed that day = $99,750
If your equity falls below this threshold, your account will be breached.
Daily Profit Cap
All stages of the Flex Challenge include a 2% profit cap per day.
Profits above this threshold in a single day will not count toward your profit target or payout.
Overexposure Rule
Traders must also follow the Overexposure Rule, which limits position sizes based on asset class and account size.
This applies to commodities, indices, crypto, and forex, and is enforced per symbol.
Flex Challenge Breakdown
Rule | Evaluation Phase 1 | Evaluation Phase 2 | Funded Phase |
Profit Target | 10% | 5% | N/A |
Duration | Unlimited | Unlimited | Unlimited |
Minimum Trading Days | 5 days | 3 days | 0 |
Max Overall Loss | 10% | 10% | 10% |
Daily Drawdown | 5% | 5% | 5% |
Daily Profit Cap | 2% | 2% | 2% |
Weekend Holding | Enabled | Enabled | Enabled |
Profit Share | 0% | 0% | 80% |
News Trading | Allowed | Allowed | Allowed (with Add-on) |
Summary
The Flex Challenge is ideal for traders who want long-term consistency with complete flexibility.
You can progress at your own pace while still being rewarded for disciplined risk management and consistent performance.