Your journey to becoming a funded trader starts here.
Instruments for high impact news (my power funds)
Your path begins with selecting the evaluation plan that best fits your trading goals. The Two-Phase Challenge is designed to assess your consistency, risk management, and profitability under real-market conditions - giving you a fair and structured opportunity to earn access to simulated capital.
Step 1: Choose your account size
Start by selecting a challange that matches your strategy and risk appetite. Available account sizes range from $10,000 to $100,000, each with clearly defined risk parameters and profit targets.
The Two-Phase Challenge consists of two stages:
Once both phases are successfully completed, you’ll receive a funded account and start your journey as a professional trader—with simulated capital and real rewards.
The Two-Phase Challenge consists of two stages:
- Phase One focuses on proving your profitability and discipline.
- Phase Two confirms that you can trade consistently while managing risk.
Once both phases are successfully completed, you’ll receive a funded account and start your journey as a professional trader—with simulated capital and real rewards.
Structure & Conditions of the Two-Phase plan
News trading
We restrict only high impact news trading
Step 2: Complete the Evaluation process
Once you’ve selected your account size, the next step is to prove your trading skills by successfully completing the Two-Phase Challenge.
In Phase One, your goal is to achieve the set profit target while staying within the allowed drawdown limits and following all trading rules. This phase is designed to assess your ability to generate returns responsibly.
In Phase Two, you’ll need to demonstrate consistency and discipline by reaching a lower profit target under the same risk conditions. This phase confirms that your performance is not based on luck, but on a repeatable and controlled trading approach.
Both phases must be completed without violating any rules, including drawdown limits and consistency requirements.
This is where your strategy, patience, and risk management truly matter.
In Phase One, your goal is to achieve the set profit target while staying within the allowed drawdown limits and following all trading rules. This phase is designed to assess your ability to generate returns responsibly.
In Phase Two, you’ll need to demonstrate consistency and discipline by reaching a lower profit target under the same risk conditions. This phase confirms that your performance is not based on luck, but on a repeatable and controlled trading approach.
Both phases must be completed without violating any rules, including drawdown limits and consistency requirements.
This is where your strategy, patience, and risk management truly matter.
Step 3: Pass the Evaluation and Get Funded
If you successfully meet the profit targets and stay within the drawdown limits during the evaluation process, you will be granted Octrado funded account. This means you’ll be trading with simulated capital, and you’ll be able to keep up to 90% of the profits you generate.
Step 4: Become a Funded Trader
Now that you’ve successfully completed the evaluation, it’s time to begin your journey as a funded trader. You’ll continue trading in a simulated environment under live market conditions, using virtual funds, while adhering to the same risk management rules that guided you through the challenge.
The added benefit of reaching this stage is your eligibility to receive a profit split from the profits you generate—once you achieve the required profit and continue to follow all trading rules. This marks the beginning of your professional trading path, where consistency and discipline are rewarded.
The added benefit of reaching this stage is your eligibility to receive a profit split from the profits you generate—once you achieve the required profit and continue to follow all trading rules. This marks the beginning of your professional trading path, where consistency and discipline are rewarded.
Step 5: Withdraw Your Profits
As a funded trader, you have the freedom to withdraw your profits whenever you choose, in accordance with the terms. Your hard work and consistency pay off, as you get to keep up to 90% of the profits you generate.
Let us guide you through this entire process and support you every step of the way to becoming a successful funded trader.
Example of Successfully Completing the One-Phase Plan for a 100k Account
Imagine you have chosen the Two-Phase Challenge with a $100,000 account. This program is designed to evaluate both your profitability and consistency over two distinct stages. By meeting all conditions and respecting the rules, you become eligible for a funded simulated account with profit-sharing benefits. Here’s what the ideal process looks like:
1. Initial Setup and Account Conditions
Upon enrollment, you receive access to a $100,000 simulated (demo) trading account with the following rules and targets:
Phase One:
Phase Two:
Phase One:
- Profit Target: 10% of initial balance ($10,000)
- Max Daily Drawdown: 5% of previous day’s equity ($5,000)
- Max Overall Drawdown: 10% of starting balance ($10,000)
- Minimum Profitable Days: 4
Phase Two:
- Profit Target: 8% of initial balance ($10,000)
- Same drawdown limits and rules as Phase One apply
2. Trading the $100K Account
Your journey begins when you place your first trade using the $100,000 simulated account. To successfully complete the Two-Phase Challenge and qualify for a funded account with profit split access, you must:
- Reach the profit target in each phase
- Avoid breaching any rules (daily loss, overall drawdown, consistency, inactivity)
- Achieve at least 4 profitable trading days per phase
- Ensure that your best day remains within the 25% consistency threshold
Risk Management
At all times, you must ensure that you do not exceed the daily drawdown limit of $5,000 or the total drawdown limit of $10,000. This means you need to manage risk effectively and avoid large losses. If you hit either of these limits, you will fail the challenge.
Please note that the daily drawdown limit is calculated based on the equity at midnight of the previous day (CET time).
Please note that the daily drawdown limit is calculated based on the equity at midnight of the previous day (CET time).
Example of max. daily drawdown
- Starting Balance: $100,000
- Max Daily Drawdown:5% of starting balance = $5,000
Scenario 1: Equity is higher than starting balance
Let’s say that at midnight CET (the previous day), your account equity has grown to $105,000 due to profitable trades.
- New Equity: $105,000
- Max Daily Drawdown: 5% of $105,000 = $5,250
Scenario 2: Equity is lower than starting balance
Now, let’s say that after a series of losses, your equity at midnight CET has decreased to $95,000.
In addition to the max daily drawdown, it is important to monitor and adhere to the max total drawdown. The total drawdown represents the maximum loss you can experience from your initial capital throughout the entire trading period. If you exceed this limit, regardless of the daily drawdown, you will fail the challenge. Therefore, it’s crucial to manage risk effectively and monitor both limits during your trading.
- New Equity: $95,000
- Max Daily Drawdown: 5% of $95,000 = $4,270
In addition to the max daily drawdown, it is important to monitor and adhere to the max total drawdown. The total drawdown represents the maximum loss you can experience from your initial capital throughout the entire trading period. If you exceed this limit, regardless of the daily drawdown, you will fail the challenge. Therefore, it’s crucial to manage risk effectively and monitor both limits during your trading.
Example of max overall drawdown:
Max Drawdown Limit remains $10,000 (10% of the initial $100,000) during the entire duration of the Two-Phase evaluation. This means that, regardless of how your equity fluctuates throughout the evaluation period, the max total drawdown will always be calculated based on your starting balance, and you cannot exceed a total loss of $10,000 from the initial amount.
If your equity drops to $90,000 (a loss of $10,000 from the initial balance), you have now hit the max total drawdown limit.
Even if your equity goes higher at some point during the challenge, the max total drawdown will still be based on the starting balance of $100,000.
If your equity drops to $90,000 (a loss of $10,000 from the initial balance), you have now hit the max total drawdown limit.
Even if your equity goes higher at some point during the challenge, the max total drawdown will still be based on the starting balance of $100,000.
Profit Target:
Your main goal is to achieve a profit of $10,000 (10% of your initial capital) without breaching the drawdown limits.
Example of reaching Profit Target for a 100k account in the Two-Step Challenge:
Scenario:
You begin trading with a $100,000 simulated account in the Two-Phase Challenge. Your objective is to reach the required profit targets in both phases, while strictly adhering to all risk management rules.
Progress:
You have now successfully completed Phase One, meeting the 10% target without violating any rules related to drawdown, consistency, or activity.
Progress:
Phase One
- Profit Target: $10,000 (10%)
- Max Daily Drawdown: $5,000
- Max Overall Drawdown: $10,000
- Consistency Rule: No single day may exceed 25% of the profit target
- Minimum Profitable Days: 4
Progress:
-
Day 1: You make a profitable trade and gain $2,000
- Equity: $102,000
-
Day 5: After a few solid trades, you gain $3,500 and more
- Equity: $105,500
-
Day 10: A well-timed position earns you $4,000
- Equity: $109,500
-
Day 12: A final trade adds $500, bringing your total gain to $2,000
- Equity: $110,000 ✅ Target reached
You have now successfully completed Phase One, meeting the 10% target without violating any rules related to drawdown, consistency, or activity.
Phase Two
- Profit Target: $8,000 (8%)
- Same rules apply (drawdowns, consistency, 4 profitable days)
Progress:
- Day 15: Gain of $1,800
- Day 20: Additional $2,500
- Day 25: Gain of $2,200
- Day 30: Final $1,500 pushes you to the $8,000 mark
Outcome
You have completed both phases of the evaluation by reaching the required profit targets while respecting daily and total drawdown limits, maintaining consistency, and ensuring at least 4 profitable days in each phase. You are now eligible to receive a simulated funded account with access to real profit payouts through the profit split structure (starting at 80%, increasing to 90% for future payouts).
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