The second phase of ATFunded Challenge is a chance for you the trader to show you have the consistency it takes to become a Funded Trader. You need to be able to show that you can trade your strategy over a longer period of time and respect the rules at the same time. You are rewarded with lower profit target in the second stage and have unlimited time to complete the objectives.
If you manage to complete our 2 step process, our team will review your account and ask you to complete our verification process if you haven’t done so yet, before you are given your Funded account.
In the ATFunded Challenge, the profit targets are established at 8% of the initial balance for Phase 1 and 5% for Phase 2. These targets represent the total profits achieved from closed positions on your trading account, which you can reach at any time during the Trading Period.
The Daily Drawdown limit in the ATFunded Challenge is set at 4% for all phases. This limit refers to the maximum allowable loss from your account balance in a single trading day, ensuring that risk management remains a key focus throughout your trading experience.
The Overall Drawdown limit in the ATFunded Challenge is capped at 10% across all phases. This limit represents the maximum allowable loss from your initial account balance throughout the entire challenge, helping to safeguard your trading capital while you pursue your profit targets.
A trading day is a day where the trader has made a profit of at least 0.5%. To advance to the next phase the minimum trading days requirement (3) must be met.
