The 2 Phase Challenge at Crypto Fund Trader is designed to thoroughly assess a trader's consistency and ability to manage risk. Unlike the 1 Phase Challenge, this evaluation involves two stages, each with its own profit target and rules. In this article, we’ll break down the details of the Crypto Fund Trader 2 Phase Challenge, covering profit targets, drawdown limits, trading days, leverage, and more. Whether you’re considering taking on this challenge or simply want to understand how it works, this guide will provide you with all the essential information.

Profit Targets :-

In the 2 Phase Challenge, you’ll need to meet two profit targets to pass. The first phase requires you to achieve an 8% profit target. Once you meet this target, you move on to the second phase, where the profit target is slightly lower at 5%. Successfully reaching these targets demonstrates your ability to generate consistent profits in different market conditions.

Daily Drawdown :-

Managing daily losses is crucial in the 2 Phase Challenge. The daily drawdown is set at 5%, meaning you cannot lose more than 5% of your account equity in a single day. This drawdown is equity-based, which means it recalculates continuously as your account balance changes. If your equity increases, the drawdown limit adjusts upward, giving you more room to trade. However, if your equity decreases, the drawdown limit tightens, requiring careful risk management.

Max Drawdown :-

The maximum drawdown allowed in the 2 Phase Challenge is 10%. Unlike the daily drawdown, this limit is based on your initial account balance and remains static throughout the challenge. This means that no matter how much your account balance increases or decreases, you must not exceed a 10% loss from your starting balance. Maintaining discipline and avoiding significant losses are key to passing both phases of the challenge.

Minimum Trading Days :-

To ensure that traders are consistent and not just relying on a few successful trades, the 2 Phase Challenge requires a minimum of five trading days in each phase. This rule means you need to trade for at least five days during each phase to qualify for a funded account. This approach encourages steady, consistent trading rather than risky, high-stakes bets.

No Maximum Trading Days :-

One of the most attractive features of the 2 Phase Challenge is that there is no maximum time limit for completing the phases. This means you can take your time and trade at your own pace, whether that means completing the challenge quickly or taking a more methodical approach. This flexibility allows you to plan your trades carefully and avoid unnecessary pressure.

Profit Share and Payouts :-

Once you pass both phases of the challenge and move to a funded account, you’re eligible to keep up to 80% of the profits you generate. Crypto Fund Trader’s profit share is competitive and allows successful traders to earn a substantial portion of their trading profits.

Payout Frequency

After you become a funded trader, you can request withdrawals 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 earnings in a way that suits your trading strategy and financial needs.

Leverage :-

Leverage is a powerful tool that allows you to control larger positions with a smaller amount of capital. In the 2 Phase Challenge, the leverage you can use depends on the size of your account:

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

This tiered leverage structure ensures that both experienced and novice traders can select an account size and leverage that align with their risk tolerance and trading strategy.

Additional Add-Ons :-

Crypto Fund Trader offers several optional add-ons that can enhance your trading experience or increase your potential profits during the 2 Phase Challenge.

Weekly Payouts

The Weekly Payout add-on allows you to request a payout after just seven trading days, rather than the standard 15. This option is ideal for traders who prefer shorter trading periods and want quicker access to their earnings. However, it comes at a cost of 20% of the evaluation’s value.

Profit Split 90/10

With the Profit Split 90/10 add-on, you can increase your profit share from the standard 80% to 90%. This add-on is particularly beneficial for traders who consistently generate high returns and want to maximize their earnings. It also costs 20% of the evaluation’s value.

Daily Drawdown 6%

For traders who want a bit more flexibility in managing daily losses, the Daily Drawdown 6% add-on increases your daily drawdown limit from 5% to 6%. This option provides additional room for trading, which can be particularly useful in volatile markets. The cost for this add-on is 15% of the evaluation’s value.

Max Drawdown 12%

If you prefer a higher risk tolerance, the Max Drawdown 12% add-on increases your maximum loss limit from 10% to 12%. This add-on is designed for traders who want to trade more aggressively while still staying within the challenge’s rules. The cost for this add-on is 25% of the evaluation’s value.

News Trading :-

Crypto Fund Trader does not impose restrictions on trading during news events, which can be a significant advantage. This freedom allows you to take advantage of market volatility that often occurs around major economic announcements, providing additional opportunities for profit.

Account Sizes :-

Crypto Fund Trader offers six different account sizes for the 2 Phase Challenge, catering to traders with varying levels of experience and capital. 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 options allow you to select the level of capital that best fits your trading style and goals.

Conclusion

The Crypto Fund Trader 2 Phase Challenge provides a structured and flexible way for traders to prove their skills and earn access to significant trading capital. With clear profit targets, manageable drawdown limits, and the option to enhance your experience with add-ons, this challenge is suitable for both new and experienced traders. Whether your goal is to achieve financial independence through trading or simply to test your abilities in a professional setting, the 2 Phase Challenge offers a clear path to success.