Full transparency before you start

Trade The Rules.Earn The Funded Seat.

Pay $38 in crypto, trade a $4,000 virtual balance, and pass both phases while respecting clear drawdown limits.

Rules Snapshot

Phase 1 Target

10%

Phase 2 Target

10%

Daily DD

4%

Max DD

7%

No time limit

Complete the challenge at your own pace after the minimum trading days are met.

Challenge Rules & Profit Targets

Two evaluation phases, one clean rulebook. Hit the target without breaching daily or maximum drawdown.

Phase 1

Phase 1

Evaluation

Prove your consistency with a 10% profit target while respecting drawdown limits.

Balance

$4,000

Profit Target

10%

Daily DD

4%

Max DD

7%

Phase 2

Phase 2

Final Phase

Confirm your skills with a lower 5% profit target under the same risk rules.

Balance

$4,000

Profit Target

10%

Daily DD

4%

Max DD

7%

How You Pass

Reach the profit target, complete the minimum trading days, and keep risk inside the rules.

Phase 1 Passed

When your profit target, minimum trading days, and consistency rule are all cleared, you automatically advance to Phase 2 with a fresh balance and new profit target.

Phase 2 Passed — Funded!

When your Phase 2 profit target, minimum trading days, and consistency rule are all cleared, you achieve Funded Trader status.

Drawdown Rules Explained

These are the lines you cannot cross during the challenge.

Daily Drawdown Breach

If your account balance drops below the daily drawdown limit (calculated from your balance at the start of each UTC day), your challenge fails immediately and all open positions are closed.

Maximum Drawdown Breach

If your account balance drops below the max drawdown limit (calculated from your peak balance), your challenge fails immediately and all open positions are closed.

Drawdown Calculation Examples

A practical view of where the fail line sits on a $4,000 account.

Daily Drawdown

Daily drawdown is calculated from your balance at the start of each trading day, using the configured rollover time in your local timezone.

Day starts$4,000.00
Max 4% loss-$160.00
Fail below$3,840.00

Maximum Drawdown

Maximum drawdown is calculated from your peak balance during the challenge. It moves up as the account grows, but never moves down.

Example peak$4,240.00
Max 7% loss-$296.80
Fail below$3,943.20

General Trading Rules

The core rule set for strategies, execution, assets, and market access.

Live crypto prices from Binance (real-time WebSocket)
Forex pairs with real exchange rates
Long and short positions supported
Market orders filled at live prices
Daily drawdown resets at the configured rollover time in your local timezone
Maximum drawdown tracked from peak balance
Stop Loss and Take Profit orders supported
Positions auto-close when SL/TP levels are hit

Rules FAQ

The most common questions before starting a challenge.

What happens if I hit the drawdown limit?+
If you reach the 4% daily drawdown or 7% maximum overall drawdown, the challenge account is closed. You can repurchase a new challenge at any time. The drawdown limits reset each trading day for daily drawdown, while maximum drawdown is calculated from your peak balance.
Can I use trading bots or EAs on FundingAlphaX?+
Yes. FundingAlphaX allows expert advisors (EAs), automated trading bots, and algorithmic strategies on all account types. All strategies must comply with the drawdown rules and risk parameters.
Is there a minimum number of trading days?+
Yes. Most FundingAlphaX challenges require a minimum of 5 active trading days before you can advance to the next phase or request a payout. A trading day is any day where at least one position is opened or closed.

Ready to Start?

$38 entry fee, $4,000 virtual balance, real market data.

Start Your Challenge