Cointracts

• 50% Profit Day Ratio: the best single day must be under 50% of the total profit across all positive days for a payout to qualify.
• 70% Total Margin Cap: total margin exposure is capped at 70%. Using 70-79% costs 50% of the payout, 80-89% costs 60%, 90-95% costs 65% and 96-100% costs 70%.
• Several breaches inside one payout period can be held for manual review, and the combined penalty can reach 100%.

2-Step Phase 1:

• 8% profit target, 10% maximum loss, 5% maximum daily loss, 3 minimum trading days, no time limit.

2-Step Phase 2:

• 5% profit target, 10% maximum loss, 5% maximum daily loss, 3 minimum trading days, no time limit.

1-Step:

• 8% maximum loss, the same 5% daily loss limit and 1:5 leverage, and no minimum trading days at all.

Funded stage:

• No profit target and no time limit; the 5% daily loss limit still applies.
• Leverage is 1:5 in every phase and on the funded account.
• All accounts run in a simulated trading environment and involve no real capital.
• Overnight and weekend positions are allowed - the market is crypto and trades continuously.
• News trading is allowed; there are no event or news restrictions.
• Expert Advisors, algorithmic trading and cross-account copy trading are not allowed.
• Hedging across multiple accounts is strictly prohibited, but cross-asset hedging inside a single account is allowed during the demo stage - for example holding a long BTC position and a short ETH position at the same time.
• Floating PnL counts towards the daily drawdown: an open trade reaching the 5% daily loss terminates the account immediately.

Risk Management Standards:

• Repeated uncontrolled exposure, no reasonable risk protection, or excessive account volatility can be actioned.
• There are no monthly fees - a challenge is a one-time fee.
• Account merging is not allowed.
• There are no IP address restrictions.
• An account with no trading activity for more than 30 days may be closed.
• No KYC is required to take a challenge; verification may still be required before the first payout.
• Account sizes are $2,000, $5,000, $10,000, $25,000, $50,000 and $100,000.