Crypto Fund Trader offers traders a unique opportunity to prove their skills and gain access to significant trading capital through its 1 Phase Challenge. The 1 Phase Challenge at Crypto Fund Trader is straightforward, making it an attractive option for traders looking to quickly prove their capabilities. Unlike multi-phase evaluations, this challenge focuses on a single profit target and specific risk management rules, providing a clear path to success. In this article, we’ll break down the key elements of the Crypto Fund Trader 1 Phase Challenge, including the profit target, drawdown limits, trading days, leverage, and more. Whether you’re considering taking on this challenge or just curious about how it works, this guide will provide you with all the details you need to understand the 1 Phase Challenge.

Profit Target :-

In the 1 Phase Challenge, traders need to achieve a single profit target of 10%. This means that your primary focus during the challenge is to grow your account by 10% from its starting balance. Since there is only one phase, once you reach this profit target, you’ve essentially completed the challenge.

Daily Drawdown :-

One of the key aspects of the 1 Phase Challenge is managing your daily drawdown. The daily drawdown is set at 4%, meaning you cannot lose more than 4% of your account equity in a single day. This drawdown limit is equity-based, so it recalculates continuously as your account balance changes. If your equity rises, your 4% drawdown limit increases accordingly, but if you experience losses, the drawdown limit decreases.

Max Drawdown :-

The maximum drawdown allowed in the 1 Phase Challenge is 6%. This trailing drawdown is based on the highest balance your account has reached. As your account balance grows, the trailing drawdown also increases, but it stops moving once your account hits a 6% loss from its peak balance. At that point, the drawdown becomes fixed at the initial capital amount of your account. Staying within this 6% limit is crucial to passing the challenge.

Minimum Trading Days :-

Crypto Fund Trader requires traders to trade for at least five days during the 1 Phase Challenge. This minimum trading period ensures that traders are consistent and not just achieving the profit target through a single lucky trade. You can trade for more days if needed, but a minimum of five days is necessary to complete the challenge.

No Maximum Trading Days :-

One of the most appealing aspects of the 1 Phase Challenge is that there is no maximum time limit for completing it. This means you can trade at your own pace without worrying about a ticking clock. Whether you’re a fast trader who can reach the profit target in a few days or someone who prefers a more cautious approach, you have the flexibility to take as long as you need.

Profit Share :-

Once you pass the 1 Phase Challenge and move on to a funded account, you become eligible to keep a significant portion of your profits. Crypto Fund Trader offers a profit share of up to 80%, meaning you take home the majority of what you earn. This is one of the higher profit shares available in the prop trading industry, making it a lucrative option for successful traders.

Payout Frequency :-

After becoming a funded trader, you can request a withdrawal once you’ve traded for at least 15 days. Alternatively, you can choose to withdraw every 30 calendar days, regardless of how many days you’ve traded. This flexibility allows you to manage your withdrawals based on your trading style and needs.

Leverage: Maximizing Your Trading Power

Leverage is a crucial tool in trading, allowing you to control larger positions with a smaller amount of capital. In the 1 Phase Challenge, the leverage available to you depends on the size of your account:

• Advanced Accounts (starting from $50,000 up to $200,000) offer leverage of 1:100 across all asset classes, including forex, commodities, indices, cryptocurrencies, and stocks.
• Student Accounts (starting from $5,000 up to $25,000) offer lower leverage, with 1:30 for forex and commodities, 1:20 for indices, and 1:5 for cryptocurrencies and stocks.

This tiered leverage structure allows both experienced traders and those newer to prop trading to choose an account size and leverage that best suits their risk tolerance and trading strategy.

Additional Add-Ons for the 1 Phase Challenge

Crypto Fund Trader also offers optional add-ons for those who want to enhance their trading experience or increase their potential earnings during the 1 Phase Challenge.

Weekly Payouts: Get Your Profits Sooner

One popular add-on is the Weekly Payout option. Normally, traders need to trade for at least 15 days before requesting a payout. However, with the Weekly Payout add-on, you can withdraw your profits after just seven days of trading. This feature is particularly beneficial for traders who prefer shorter-term trading strategies and want quicker access to their earnings.

Profit Split 90/10: Increase Your Earnings

Another add-on available is the 90/10 Profit Split. By opting for this add-on, you can increase your profit share from the standard 80% to 90%, allowing you to keep an even larger portion of your trading profits. This option can be especially rewarding for traders who consistently generate high returns.

News Trading :-

Crypto Fund Trader allows complete freedom when it comes to News Trading. You can trade around high-impact news events without any restrictions, giving you the flexibility to take advantage of market volatility when it occurs.

Account Sizes :-

Crypto Fund Trader offers six different account sizes for the 1 Phase Challenge, catering to a wide range of traders. Whether you’re just starting out or you’re an experienced trader looking to manage a large account, you can choose from the following options:

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

These varying account sizes allow traders to select the level of capital that matches their experience, risk appetite, and trading goals.

Conclusion

The Crypto Fund Trader 1 Phase Challenge is a well-structured, straightforward way for traders to prove their skills and gain access to significant trading capital. With clear targets, flexible trading conditions, and a generous profit share, it offers a compelling opportunity for traders of all levels. Whether you’re interested in achieving financial independence through trading or simply want to test your abilities in a professional environment, the 1 Phase Challenge provides a platform for success.