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What is a Two Step Trading Challenge?
What is a Two Step Trading Challenge?
Updated yesterday

The XVXT Two Steps Challenge consists of a two-phase test where participants must meet specific terms and conditions. Here's a detailed overview of the challenge:

Phase 1:

  • Profitability Objective: The goal is to achieve an 8% profit.

  • Minimum Trading Days: Participants must trade for at least 3 days.

  • Daily and Overall Drawdown Rules: These must be adhered to throughout the challenge.

Phase 2:

  • Profitability Objective: The target is reduced to a 5% profit.

  • Minimum Trading Days: The requirement remains at a minimum of 3 trading days.

  • Continued Adherence to Drawdown Rules: Participants must continue to follow the daily and overall drawdown limits.

Maximum daily loss:

  • Phase 1 and 2: Participants are allowed to reach a maximum daily loss of -5% of their initial capital. For example, if your account starts with $100,000, you are not allowed to lose more than $5,000 in a single day.

This rule is applied systematically, regardless of the increase in account equity. For example, if your equity reaches $107,000, the daily loss limit of -5% still applies, based on the equity at 00:00 GMT +2/+3 (Daylight Saving Time), and not on the capital.

Maximum loss:

  • Phase 1: participants are allowed a maximum total loss of -10% of their initial balance. For example, if your account starts with $100,000, you are not allowed to lose more than $10,000 during the duration of the program.

  • Phase 2: Participants are allowed a maximum total loss of -10% of their initial capital in the second phase. For example, if your account starts with $100,000, you are not allowed to lose more than $10,000.

By successfully navigating these phases and adhering to the set rules, participants can progress through the XVXT Challenge until their account is funded.

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