Blueberry Funded has gained popularity among traders who want to manage large accounts without using their own money. One of their most appealing features is the 1-Step Challenge. If you're wondering what this challenge is all about and how you can pass it to become a funded trader, this article will break it down for you in simple terms.

Understanding the 1-Step Challenge

The 1-Step Challenge is straightforward. Blueberry Funded 1-Step challenge only requires you to meet one profit target. This makes it easier and less stressful for traders who want to prove their skills.

Profit Target

To pass the 1-Step Challenge, you need to achieve a 10% profit on your account. This is the only goal you have to meet. Reaching this 10% target shows that you have the skills and discipline needed to manage a live funded account. It’s a realistic goal that proves you can make consistent profits without taking too many risks.

Daily Drawdown

One of the critical rules in the 1-Step Challenge is the Daily Drawdown limit, which is set at 4%. This Drawdown Type is static, meaning it doesn't change based on your account balance fluctuations. Instead, it remains fixed, calculated from your initial balance.

For instance, if you start with a $50,000 account, your maximum allowable daily drawdown is $2,000. If your account drops below this level in a single day, you've breached the rule. This constraint ensures that traders maintain a balanced approach and avoid taking on excessive risks that could jeopardize their account.

Max Drawdown

In addition to the daily limit, there's a Max Drawdown of 6%. Like the daily drawdown, this is also static Drawdown. If your account equity drops by 6% from its starting balance at any time during the challenge, you're out.

Breaching the Max Drawdown is a critical failure point. It underscores the importance of risk management and careful trade planning. Traders who ignore this limit or fail to respect it will find themselves out of the challenge.

Minimum Trading Days

To pass the challenge, you need to trade for at least 3 days. This rule is in place to show that your trading strategy is consistent and not just based on a few lucky trades. You don’t have to trade every day, but spreading your trades over several days shows that you can handle different market conditions and still make a profit.

Maximum Trading Days

There’s no limit on how many days you can take to pass the challenge. This gives you the flexibility to trade at your own pace, whether you prefer quick trades or a longer-term approach. You have the freedom to pass the challenge in your own time, without any pressure.

Copy Trading

If you like the idea of copying trades, Blueberry Funded allows it, but with a condition: you can only copy trades between your own accounts. This ensures that you rely on your own skills and strategies, rather than copying someone else’s trades. Copy trading can be useful if you manage multiple accounts or want to replicate a successful strategy across different account sizes.

Payout Frequency

Once you’ve passed the challenge and become a funded trader, you can start collecting your profits. Blueberry Funded allows you to withdraw your profits every 14 days. This means you can access your earnings twice a month. Regular payouts are great, especially if you depend on your trading profits for income. Knowing that you can get your earnings every two weeks helps provide financial stability and keeps you motivated to perform well.

Profit Share

When it comes to dividing the profits, Blueberry Funded offers an 80/20 split. This means that you keep 80% of the profits, while the firm takes 20%. This profit-sharing model is standard and ensures that both you and the firm benefit from successful trading. The 80/20 split is competitive and appealing, especially if you’re skilled at generating consistent profits. The more you make, the more you keep.

Leverage

Leverage allows you to control larger positions with a smaller amount of money. Blueberry Funded offers different leverage options depending on what you’re trading:

• Forex: 1:30
• Index: 1:10
• Metals/Commodities: 1:10
• Crypto: 2:1

These leverage ratios give you enough buying power without exposing you to too much risk. However, it’s important to use leverage carefully, as it can increase both your gains and your losses.

News Trading

Trading during major news events can be tempting, but Blueberry Funded has strict rules about News Trading. You’re not allowed to trade within 10 minutes before and after a red folder event or high-impact news. This is because news events can cause sudden and unpredictable market movements, which can lead to big losses. The firm allows only three warnings for breaking this rule. If you continue to trade during these times, your account could be terminated. Any profits made during these events will also be removed from your payout.

Account Sizes

Blueberry Funded offers different account sizes to fit different traders’ needs. You can choose from:

• $5,000
• $10,000
• $25,000
• $50,000
• $100,000
• $200,000

The right account size for you depends on your trading style, experience, and how much risk you’re comfortable with. Larger accounts offer more potential profit but also require more careful risk management.

Conclusion

The Blueberry Funded 1-Step Challenge is a simple yet challenging way to become a funded trader. With clear rules, generous profit splits, and flexible trading days, it offers a great opportunity to prove your skills and manage a significant amount of capital. By understanding and following the challenge’s guidelines, you can increase your chances of success and take your trading career to the next level.