30 day target in a $1000 Forex Qualification Account with 1:30 leverage

Trading Challenge Overview:

• Account Setup: Start with a $1000 balance on a demo account using 1:30 leverage.
• Profit Target: Achieve a $280 profit.
• Drawdown Limit: Maintain a maximum drawdown of $280 from the peak balance.
• Trading Period: You have a minimum of 5 days and a maximum of 30 days to complete the challenge.
• Broker and Platform: Choose your own broker to trade on Metatrader 4 or 5 and open a demo account. Will then need the investor password of the trading account to review the performance.

Upon Successful Completion:

• Master Account Activation: Once you pass the challenge, you will start trading on a master demo account from the same broker you used on the trading challenge. If you rather prefer to trade from a live master account funded by you, that is up to you. Will need the investor password of the trading account to review the performance.
• Slave Account Activation Fee: After meeting the $280 profit threshold with a 30% consistency rule on the master account, a one-time activation fee of $70 is required to withdraw any profits exceeding the threshold.
• Earning percentage: After the profit threshold has been met, the trader can an request up to 90% of the profits made from the replicated slave-account earnings.

Key Details:

• • Trading Days Requirement on the Demo account: You must trade on at least 5 different days within a 30-day period, though these days do not need to be consecutive.
  • Trading Days Requirement on the Master account: You must trade at least once every 7 trading days. If there is no trading taking place the amount funded and any profits made are not longer able to be withdrawn.
  • Compensation: The minimum compensation amount is $200, and it is purely from the net profit made in the slave account and not the master account.
  • Consistency Rule: This rule still applies on the master account after the activation fee is paid. No single day’s profit should exceed 30% of the ending balance.
  • Multiple Activated Accounts: After activating first master account, you can start trading on a new master Account and activate it when the minimum profit threshold is reached. Similarly, upon reaching the profit threshold on the second account and gets activated, a third master account can begin, and so on. The maximum potential is 11 funded accounts.