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Aquafunded Two Phase Challenge Details and Rules Explained

TheTrustedProp
Date: August 28, 2024

Aquafunded offers traders an exciting opportunity through its Two Phase Challenge, designed to test and reward trading skills across various account sizes. Whether you’re just starting out or looking to manage a larger fund, this challenge caters to a broad range of traders with its structured approach and clear rules.

 

Challenge Overview: The Two Step Process

The Aquafunded Two Phase Challenge is a rigorous test of trading acumen, split into two distinct phases. The challenge is available in multiple account sizes, allowing traders to choose a level that suits their experience and financial commitment. The entry fees vary depending on the account size:

  • $5,000 Account: $42
  • $10,000 Account: $72
  • $25,000 Account: $147
  • $50,000 Account: $222
  • $100,000 Account: $372
  • $200,000 Account: $747

     

In addition to the standard challenge, Aquafunded also offers a Pro version of the Two Step Challenge with higher fees but also higher drawdown limits and profit targets. The Pro challenge pricing is as follows:

  • $10,000 Account: $105
  • $25,000 Account: $210
  • $50,000 Account: $300
  • $100,000 Account: $465
  • $200,000 Account: $900

     

Risk Management: Drawdown Limits and Other Rules

Risk management is a crucial aspect of the Aquafunded Two Phase Challenge. Both the standard and Pro versions of the challenge utilize a balance-based drawdown limit, ensuring traders manage their risk effectively:

  • Standard Challenge: 8% drawdown limit.
  • Pro Challenge: 10% drawdown limit.

Additionally, traders are allowed to use Expert Advisors (EAs) and engage in news trading, offering flexibility in their trading strategies. Copy trading is also permitted, enabling traders to replicate successful strategies.

 

Profit Targets and Scaling Opportunities

To successfully complete the Aquafunded Two Phase Challenge, traders must meet specific profit targets:

  • Standard Challenge: 8% profit target in the first phase and 5% in the second phase.
  • Pro Challenge: 10% profit target in the first phase and 5% in the second phase.

Upon achieving these targets, traders are eligible for account scaling. If a trader manages to achieve a 12% profit within a three-month period, Aquafunded will increase the account size by 25% of the initial balance. This scaling rule offers a substantial incentive for traders to not only meet but exceed their targets, potentially managing much larger accounts over time.

 

Additional Benefits: Discounts and Payouts

Aquafunded sweetens the deal with a 20% discount on the standard challenge, making it even more accessible to aspiring traders. The Pro challenge, however, does not offer any discounts. Additionally, the payout period for both challenges is 14 days, allowing traders to withdraw their profits regularly.

 

Conclusion

The Aquafunded Two Phase Challenge is an excellent opportunity for traders to prove their skills, manage substantial accounts, and benefit from a structured, scalable trading environment. With its clear rules, flexible trading conditions, and the potential for significant account growth, this challenge is well-suited for both novice and experienced traders looking to take their trading to the next level.

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