Trading Rules & Challenge Conditions — Full Transparency

Everything you need to know about passing the FundingAlphaX challenge. Pay $19 in crypto, trade with $2000 virtual balance, and follow these rules to get funded.

FundingAlphaX trading challenges use a two-phase evaluation system. Phase 1 requires a 10% profit target and Phase 2 requires 5%. Both phases enforce a 5% daily drawdown limit and 8% maximum overall drawdown. Traders must complete a minimum of 3 trading days per phase. There is no time limit. All legitimate trading strategies are allowed, including scalping, swing trading, algorithmic trading, and expert advisors (EAs). Weekend crypto trading is permitted. Forex and commodity positions follow standard exchange hours.

Challenge Rules & Profit Targets

Phase 1

Phase 1

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

Starting Balance$2000
Profit Target10%
Max Daily Drawdown5%
Max Overall Drawdown8%

Phase 2

Final Phase

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

Starting Balance$2000
Profit Target5%
Max Daily Drawdown5%
Max Overall Drawdown8%

How You Pass

Phase 1 Passed

When your profit reaches the Phase 1 target, you automatically advance to Phase 2 with a fresh balance and new profit target.

Phase 2 Passed — Funded!

When your profit reaches the Phase 2 target, you achieve Funded Trader status. Congratulations!

Drawdown Rules Explained

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

Daily Drawdown

Your daily drawdown is calculated from your balance at the start of each trading day (configured rollover time in your local timezone).

Day starts: $2000
Max 5% loss: -$100.00
Fail if balance drops below: $1900.00

Resets every day at the configured rollover time.

Maximum Drawdown

Your max drawdown is calculated from your peak (highest) balance during the challenge.

Peak balance: $2120.00
Max 8% loss from peak: -$169.60
Fail if balance drops below: $1950.40

This limit moves up as your account grows, but never down.

General Trading Rules

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

What happens if I hit the drawdown limit?+
If you reach the 5% daily drawdown or 8% 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 3 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?

$19 entry fee, $2000 virtual balance, real market data.