Account Types
What Is the FunderPro 2-Phase Day Trading Challenge?
FunderPro's Day Trading Challenge is a 2-phase Funded Account Challenge ideal for scalpers and short-term traders. Below you'll find tables outlining all the characteristics of the FunderPro Day Trading Accounts.
Day Trading Challenge Pricing
| Challenge Fee | Account Size |
|---|---|
| $249 | $25,000 |
| $349 | $50,000 |
| $549 | $100,000 |
| $819 | $150,000 |
| $1,099 | $200,000 |
Day Trading Challenge Rules
| Swing Account | Phase 1 | Phase 2 | Funded Account |
|---|---|---|---|
| Max Daily Drawdown | 5% | 5% | 5% |
| Max Overall Drawdown | 10% | 10% | 10% |
| Profit Target | 10% | 8% | n/a |
| Time Limit | Unlimited Time | Unlimited Time | n/a |
| Minimum Trading Days** | - | - | n/a |
| News Trading | No | No | No |
| News Holding | No | No | No |
| Weekend holding | No | No | No |
| Consistency Rule | Yes | Yes | No |
**Please note that there are no minimum trading days, except those needed to comply with the Consistency Rule.
Day Trading Challenge Leverages
| Asset Class | Leverage |
|---|---|
| Forex | 100 |
| Metals, Oil, Indices | 200 |
| Crypto | 100 |