The SFX Funded Ascend Challenge is a 2-step evaluation. Pass two phases, get funded. No time limit on any phase - trade at your own pace.
| Objective | Phase 1 (Evaluation) | Phase 2 (Evaluation) | Funded Account |
|---|---|---|---|
| Profit Target | 8% | 5% | None |
| Daily Loss Limit | 4% | 4% | 4% |
| Max Overall Loss | 8% (Static) | 8% (Static) | 8% (Static) |
| Minimum Trading Days | 5 Days | 5 Days | 5 Days (per payout) |
| SFX Stability Index | No | No | 25% |
To pass Phase 1, you must:
✅ After passing Phase 1, you automatically receive your Phase 2 account details by email - no manual checks or waiting periods between phases.
To pass Phase 2, you must:
✅ After passing Phase 2, your entire evaluation is reviewed by our risk team. If successful, you'll complete KYC and receive your Funded Account credentials. This process usually takes up to 48 business hours.
Your first payout is available after 5 days of trading on the funded account.
For more information regarding when you can get paid, click HERE.
Violation of these rules results in immediate account closure.
How is it calculated?
Example:
Account Balance: $105,000
Account Equity: $107,000 (Higher)
4% of $107,000 = $4,280
$107,000 - $4,280 = $102,720
📌 Your account balance/equity must stay above $102,720 for that day
The Maximum Overall Loss is 8% of the initial account balance.
How is it calculated?
Maximum Loss = Initial Account Size × 8%
Example:
For a $120,000 account:
8% of $120,000 = $9,600
$120,000 - $9,600 = $110,400
📌 Your account equity/balance must never drop below $110,400