Monevis

• The Challenge may not be passed with a single oversized trade, or with multiple trades on the same asset in the same direction that together contribute more than 70% of the profit target.
• The Instant plan carries no consistency rules.

One-Step Challenge:

• 10% profit target, 6% maximum drawdown, 3% maximum daily drawdown and a minimum of 2 profitable days.

Three-Step Challenge:

• 4% profit target, 4% maximum drawdown, 4% maximum daily drawdown and a minimum of 3 profitable days.
• The Instant plan gives immediate access to funded capital with a 6% target, a static 8% maximum drawdown and a 30-day renewable time limit.
• A profitable day is a day whose closed positions generate at least 0.5% of the initial account balance.
• Daily drawdown is calculated at 22:05 UTC from the end-of-day closing balance or equity, whichever is higher.
• Maximum drawdown is measured from the initial balance and may not be breached at any time.
• The profit target counts only closed positions; all active positions must be closed to advance a phase.
• There is no time limit on the phases, but an account inactive for 30 consecutive days is closed.
• Weekends count towards trading days if crypto pairs are traded.