This is a 1-phase evaluation challenge designed to give traders a straightforward path to becoming funded.
Start for just $7, take the evaluation and pay the remaining fee after you pass and get funded.
| Objective | Phase 1 (Evaluation) | Funded Phase |
|---|---|---|
| Profit Target | 3% | None |
| Daily Drawdown | None | 3% |
| Max Total Loss | 7% (Trailing) | 6% (Trailing) |
| Min. Trading Days | No | 5 Days (per payout) |
| SFX Stability Index | No | 20% |
| Max Loss Per Trade | No | 2% |
The initial cost is only $7, which covers server and infrastructure expenses.
You will only be required to pay the full activation fee after passing the evaluation, just before receiving your funded account.
To pass Phase 1, you must:
After passing Phase 1 you become a Funded SFX Trader.
A valid trading day is any day on which the profit is at least 0.5% of the initial account balance.
The maximum drawdown is 7% of your highest recorded account value, making it a trailing drawdown. This means your protection level increases as your account value grows, and it always remains 7% below your highest value achieved.
How does it work?
Example: If you start with a $100,000 account, your initial maximum drawdown level is $93,000. If your equity rises to $104,000, the drawdown level moves up to $96,720 - and it stays there even if your equity drops back down.
The maximum drawdown is 6% of your highest recorded account value, making it a trailing drawdown. This means your protection level increases as your account value grows, and it always remains 6% below your highest value achieved.
How does it work?
Example: If you start with a $100,000 funded account, your initial maximum drawdown level is $94,000.
If your equity rises to $105,000, the drawdown level moves up to $98,700 - and it stays there even if your equity drops back down.
How is it calculated?
At UTC +0, we check the higher value between the Account Balance or Account Equity. We then subtract 3% of the initial account size from that value to set the Daily Drawdown Threshold for the next trading day.
SFX Protect is designed to enforce strict risk management and prevent excessive losses on a single trade.
If your floating profit and loss (PnL) falls below -2% of your account balance at any time, the account will be permanently breached.
This rule is based on floating losses, meaning it applies to open trades before they are closed.
Example: For a $50,000 account:
The SSI applies only to the Funded Phase.
Your most profitable trading day must not exceed 20% of your total profits during the payout period. This ensures profits are generated consistently rather than relying on a single large trade. If your SSI is higher than 20%, this is not a breach of the account. Simply continue trading until it is less than 20% to request a payout.
Profit Split: 80%, scaling up to 100% as you progress.
Payout Cycle: Bi-weekly (every 14 days).