Aquafunded Three Phase Challenge Details and Rules Explained

The Aquafunded Three Phase Challenge is designed for traders looking for a more rigorous and rewarding evaluation process. It’s structured to test and push your trading skills across three distinct phases, each with its own profit target. Here’s a detailed breakdown of the challenge:

Challenge Name: Three Step Challenge

The Three Phase Challenge is the most advanced of Aquafunded’s offerings. To succeed, traders must hit a 6% profit target in each of the three phases. This challenge is ideal for those who thrive under pressure and are confident in their trading strategies.

Pricing Structure

Aquafunded offers multiple account sizes for the Three Phase Challenge, with pricing as follows:

• $10,000 Account: $50
• $25,000 Account: $110
• $50,000 Account: $170
• $100,000 Account: $275
• $200,000 Account: $500

This tiered pricing allows traders to choose an account size that best fits their goals and budget.

Drawdown and Risk Management

Risk management is crucial in the Three Phase Challenge. Aquafunded enforces a balance-based drawdown limit of 8%. This means that traders must manage their positions carefully to avoid breaching this drawdown threshold.

Copy Trading and EA Usage

Aquafunded provides flexibility for traders by allowing the use of copy trading and Expert Advisors (EAs). This is beneficial for those who prefer automated trading or want to mirror the trades of successful strategies.

News Trading

Traders participating in the Three Phase Challenge are permitted to trade during news events. This can be an advantage for those who are adept at navigating the volatility that often accompanies major market announcements.

Profit Targets and Scaling

The core requirement of the challenge is to achieve a 6% profit in each of the three phases. If a trader successfully reaches a 12% profit within three months, Aquafunded will reward them by increasing their account size by 25% of the initial balance. This scaling rule provides an excellent opportunity for traders to grow their accounts and potentially earn more.

Payout Period

Aquafunded offers a 14-day payout period, allowing traders to receive their profits quickly and efficiently. Additionally, successful traders in the Three Phase Challenge can enjoy a 90% profit split, which is consistent with the benefits provided in the One-Phase and Two-Phase Challenges.

Discounts and Promotions

Aquafunded currently offers a 20% discount on the challenge fees, making it more accessible for traders interested in taking on this ambitious challenge.

Conclusion

The Aquafunded Three Phase Challenge is an excellent option for traders looking for a comprehensive and challenging evaluation process. With its strict profit targets, risk management rules, and the potential for account growth, this challenge is tailored for serious traders aiming to prove their skills and earn significant rewards.