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Ascendx Capital Launches New 3-Step Challenge
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TheTrustedProp
Date: August 28, 2024
Ascendx Capital has just introduced its new 3-Step Challenge, a fresh way for traders to prove their skills and earn rewards. This challenge simplifies the evaluation process, making it easier for traders to advance and succeed. If you're interested in boosting your trading game, this guide will explain how the 3-Step Challenge works, its benefits, and what makes it unique compared to other trading challenges.
Understanding the 3-Step Challenge
Overview of the 3-Step Evaluation
Ascendx’s 3-Step Challenge is a structured evaluation designed to test traders' abilities across three distinct phases. Each phase requires meeting specific profit targets to advance to the next step. This challenge is particularly appealing due to its straightforward approach and trader-friendly conditions.
Phase Breakdown
Phase 1: 6% Profit Target The initial phase requires traders to achieve a 6% profit target. This phase is crucial as it sets the foundation for evaluating the trader’s skill and consistency.
Phase 2: 6% Profit Target In the second phase, traders must again reach a 6% profit target. The consistency demonstrated in this phase is key to moving forward in the challenge.
Phase 3: 6% Profit Target The final phase mirrors the previous two, with a 6% profit target. Success in this phase signifies a well-rounded trading strategy and the ability to manage risk effectively.
Relaxed Rules for Enhanced Trading Experience
Great Conditions
Ascendx has implemented relaxed rules to make the challenge more accessible. These conditions are designed to accommodate various trading styles and preferences, allowing traders to perform at their best without excessive restrictions.
Higher Profit Split
One of the standout features of the 3-Step Challenge is the higher profit split. Traders can enjoy a more substantial share of the profits, making the challenge not only a test of skill but also a rewarding experience.
Payout Cycle - 14 Days
Another notable feature is the payout cycle, which is set at 14 days. This frequent payout cycle ensures that traders receive their earnings promptly, maintaining motivation and providing a steady stream of rewards for their efforts.
Conclusion
Ascendx’s new 3-Step Challenge offers a refreshing and trader-friendly approach to trading evaluations. With its clear profit targets, relaxed rules, higher profit split, and a 14-day payout cycle, it provides an excellent opportunity for traders to prove their skills and reap significant rewards. Whether you're a seasoned trader or new to the trading scene, this challenge could be your gateway to greater trading success.