The SFX Funded Rapid Challenge is a 1-step evaluation. Pass one phase, get funded. No time limit - trade at your own pace.
| Objective | Phase 1 (Evaluation) | Funded Account |
|---|---|---|
| Profit Target | 3% | None |
| Daily Loss Limit | 3% | 3% |
| Max Overall Loss | 4% (Trailing) | 4% (Trailing) |
| Minimum Trading Days | None | 10 Days (per payout) |
| SFX Stability Index | No | 15% |
To pass Phase 1, you must:
There are no minimum trading days or time limits. Trade at your own pace.
✅ After passing Phase 1, your account is reviewed. This process usually takes up to 48 business hours. Once successful, you become a Funded SFX Trader.
You can be eligible for your first payout after as little as 3 days of trading on the account, and follow all trading rules and loss limits.
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: $120,000
Account Equity: $121,000 (Higher)
3% of $121,000 = $3,630
$121,000 - $3,630 = $117,370
📌 Your equity must stay above $117,370 for that day
The maximum overall loss is 4% 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 4% below your highest value achieved.
How is it calculated?
The limit is calculated based on your highest account value. When your account value increases, the limit automatically moves up to match the new high, staying exactly 4% below your peak value.
If your account value later decreases, the limit remains fixed - it never drops once set.
Example:
Initial Account Size: $100,000
4% of $100,000 = $4,000
Account grows to $103,000
Trailing floor: $103,000 - $4,000 = $99,000
📌 Your equity must never drop below $99,000. As your account reaches new highs, this floor continues to trail upward.