Choose a challenge type below to see its objectives, leverage, costs and rules in full - with Day and Swing side by side.
Every challenge is available in both styles, so you can trade the way you already trade instead of adapting to us. Pick the one that matches how and when you trade - the objectives differ slightly between them.
Built for traders who live in the session. Everything opens and closes intraday, so you end every day flat - and you do it on our sharpest pricing, our highest leverage, and with the fewest rules: gap-trading restrictions simply don't apply.
Built to hold. Carry positions overnight and through weekends to capture the bigger, multi-day moves - on swing pricing and leverage that rank among the most competitive anywhere. Few firms let swing traders work on terms this strong.
Not sure which suits you? Read more about it in our Playbook
Hit 9% within the limits
Up to 80% payout
Hit 8%
Hit 5% Day / 6% Swing
Up to 80% payout
No evaluation
Once safeguards are met
What you must achieve, and the limits you must respect, in each phase. Day and Swing differ where shown.
| Objective | Day Trading | Swing Trading |
|---|---|---|
| Profit Target | 9% | 9% |
| Max Daily Loss | 5% | 5% |
| Max Total Loss | 8% Trailing | 7% Trailing |
| Min Trading Days | 3 | 4 |
| Max Trading Period | Unlimited | Unlimited |
| Payout | 80% | 70% |
| Best Day Rule | 40% | 40% |
| Max Open P&L / Symbol | 2% | 2% |
| Stop-Loss Required | No | No |
| Lock on Payout | Yes | Yes |
| Inactivity | 30 days | 30 days |
What each objective means - and how it's actually measured.
The profit you must reach in an evaluation phase to advance to the next stage.
How it’s calculated: a fixed percentage of your initial balance, on closed trades.
Example: on a $125,000 1-Step account, the 9% target is $11,250 – you pass once your balance reaches $136,250. The Funded Phase has no target; you close in profit to lock it in.
The most your account may lose within a single trading day – a hard breach that ends the challenge.
How it’s calculated: a percentage of your balance at 00:00 CET. Your live equity – closed losses + open floating P&L + commissions + swaps – must never fall to that level at any point in the day. It’s based on the start-of-day balance, so intraday profit doesn’t raise it, and it resets at 00:00 CET.
Example: on a $125,000 account, a 5% daily limit is $6,250 – your equity must stay above $118,750 all day. Hit it at any moment and the challenge ends.
The most your account may lose across the whole challenge – a hard breach.
How it’s calculated: a percentage of your initial balance, but the reference point depends on the type:
Example (trailing): on a $125,000 1-Step account with an 8% limit, the floor starts at $115,000. If your equity peaks at $135,000, the floor trails up to $124,200 (8% below the peak).
A per-symbol safeguard that auto-closes a losing symbol before it damages the account. It does not end the challenge.
How it’s calculated: the platform continuously sums the open (floating) P&L of all your trades on one symbol and compares it to a limit equal to a percentage of your prior-day end balance – 2% on 1-Step, 2.5% on 2-Step, 1.5% on Instant.
Example: on a $125,000 1-Step account the per-symbol limit is 2% = $2,500. If your combined open loss on XAUUSD reaches −$2,500, every XAUUSD position closes automatically and you’re notified – other symbols are untouched.
The fewest separate days on which you must place at least one trade before a phase can be completed.
How it’s counted: a day counts the moment you open at least one position; the day rolls at 00:00 CET. A trade held across several days counts only on the day it opened, and the days needn’t be consecutive.
Example: if 3 trading days are required, opening trades on Monday, Wednesday and the following Tuesday satisfies it – even with nothing placed in between.
A consistency check that stops one outsized day from carrying your whole result.
How it’s calculated: your single most profitable day ÷ the sum of all your profitable days. That ratio must stay at or below the cap for your challenge (e.g. 40%).
Example: with profitable days of $4,000, $3,000 and $1,000 (total $8,000), your best day is 50% of the total. Against a 40% cap you’re over – so you keep trading and adding profitable days until the best one is 40% or less. It’s not a breach; it just delays completion.
Maximum leverage available by asset class, for this challenge type.
| Asset | Day Trading | Swing Trading |
|---|---|---|
| Forex Majors | up to 50:1 | up to 30:1 |
| Forex Minors | up to 50:1 | up to 30:1 |
| Forex Exotics | up to 30:1 | up to 20:1 |
| Indices | up to 30:1 | up to 20:1 |
| Precious Metals | up to 20:1 | up to 15:1 |
| Commodities | up to 20:1 | up to 10:1 |
| Cryptocurrencies | up to 5:1 | up to 2:1 |
Optional add-ons, priced as a percentage uplift on the challenge fee. Only those available for this challenge type are shown - select Learn More on any card to see what it does.
Transparent, raw-style pricing. These costs are the same across every challenge type, both strategies, and all phases.
Values shown reflect the current configuration (metals & commodities 0.0014, crypto 0.065 — percent/volume). Commissions and swaps count toward your daily and total loss limits. Full breakdown and swap rates in the FAQ.
| Asset | Cost | Basis |
|---|---|---|
| Forex Majors | $5 | round-trip per lot |
| Forex Minors | $5 | round-trip per lot |
| Forex Exotics | $5 | round-trip per lot |
| Indices | Raw spread+ | - |
| Precious Metals | 0.0014 | percent / volume |
| Commodities | 0.0014 | percent / volume |
| Cryptocurrencies | 0.065 | percent / volume |
The complete list of what's allowed and what isn't, at a glance. Expand any category to see its rules - everything here is summarised, with the full detail, examples and consequences in our Playbook. We monitor trading activity and may classify behaviour at our discretion.
Exploiting platform errors, price-feed delays or technical issues is prohibited.
All forms - including hedge and latency arbitrage — are toxic and forbidden.
Trades held ≤15s typically count as tick scalping. High-frequency classification remains at P1's discretion.
Increasing lot size as price moves against you in a martingale pattern is forbidden.
No mirror/copy trading, signal-following, or copying a mentor’s or peer’s trades.
No software, AI or high-speed tools that gain an unfair advantage or trade for you.
One registered profile only; a second needs prior approval.
Don’t share devices, terminals or networks; VPS must be yours alone.
No VPNs/proxies to conceal location or trading from undeclared countries.
No opening/closing on affected instruments within 2 min before–after listed releases.
No new trades within 2h of a market closing for 2h+ (e.g. weekends).
Place at least one trade every 30 days or the account is breached.
All USD pairs, Gold, US indices and DXY (Fed rate, NFP, CPI, FOMC, GDP); plus EUR, GBP, CAD, AUD, NZD and CHF pairs and Crude Oil on their key releases. Trades opened 5h+ before an event have a swing carve-out. Restricted events are flagged in the Economic Calendar.
Upgrade to a 90/10 payout as an add-on. Withdrawal methods shown in your dashboard.
Choose the one that fits your style, hit your targets, and earn your payout.
