The 1-Step Challenge is your opportunity to reach a 9% profit target without violating any rules or trading parameters. Complete this challenge, and you’re on your way to being funded!
Step 1 Trading Objectives:
Achieve a 9% profit target on Step 1 without breaking any rules or trading parameters.
Adhere to the trading rules and loss limits
Complete a minimum of 3 trading days to pass the evaluation
Upon successfully passing, your entire evaluation period will be reviewed. Congratulations, once the review is a success, you will be a funded Aqua Trader.
Account Violations (Hard Breach)
All 1 Step Models have trailing drawdown.
Hard beach are serious violations to our established rules. A hard breach happens when a trader exceeds the maximum daily loss or total drawdown limit, resulting in the immediate closure of the account. This applies during evaluation and funded.
Daily Drawdown Limit – 3%
What does this mean?
The maximum daily loss allowed is 3% of your initial account balance. This is calculated daily at 5 PM EST, based on the higher value of either your account balance or account equity.How is it calculated?
At the 5 PM EST day reset:We check the higher of your account balance or equity.
We subtract 3% of the initial account balance from this value to calculate your daily drawdown limit for the next day.
Examples:
$100K Account with $2,000 floating profit at 5 PM EST:
Account equity is $102,000.
Daily loss limit: $102,000 - $3,000 = $99,000.
$100K Account with $2,000 floating loss at 5 PM EST:
Account equity is $98,000, but the balance is $100,000 (higher value used).
Daily loss limit: $100,000 - $3,000 = $97,000.
No open trades at 5 PM EST:
Daily drawdown is calculated as 3% of the closed balance.
Max Drawdown Limit – 6%
What does this mean?
Your maximum trailing drawdown is set at 6% of your highest recorded balance (watermark) during the evaluation.If your account reaches a 6% profit from the starting balance, the trailing drawdown locks at your starting balance and no longer trails.
A 1% buffer is applied to ensure your account isn’t breached if you withdraw profits.
How does it work?
Max trailing drawdown includes all closed trade profits/losses, swap fees, and commissions.
Examples:
$100K Account with $8,000 profit (balance = $108,000):
Your trailing drawdown locks at the starting balance of $100,000 after achieving 6% profit.
It will no longer trail further.
$100K Account with $5,000 profit (balance = $105,000):
Daily drawdown: $105,000 - $3,000 = $102,000.
Max trailing drawdown: $105,000 - $6,000 = $99,000.
Key Notes:
Daily drawdown resets daily at 5 PM EST.
Max trailing drawdown trails from your highest balance unless locked at the starting balance.
Additional Details
All closed trade profits/losses, swap fees, and commissions are included.
Important Updates:
Please monitor our website or Discord for announcements regarding trading parameters, updates, or system changes.
Wave Stop applies to Funded Accounts only
Rewards
Profit Split
Traders receive a 90% profit split as standard. Example: If a trader earns a profit of $5,000 and requests a payout, they will receive $4,500 as their total payout.
Upon checkout you have the option to upgrade with an add on to:
100% PROFIT SPLIT
Reward Cycle
We offer bi-weekly payouts, allowing traders to withdraw their profits every 14 days. Simply request a rewards, and your earnings will be processed accordingly.
Upon checkout you have the option to upgrade with an add on to:
FIRST PAYOUT IN 7 DAYS
Leverage
The account leverage is the ratio of a trader’s capital to the size of positions they can control.
- Forex 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2
Max Leverage is applied to all phases of the Evaluation.
Consequently, we use lower leverage to protect us from unforeseen losses as a distributor of large capital on a funded account.
- Forex: 1:50
- Indices : 1:10
- Commodities : 1:10
- Crypto : 1:2
Depending on the traders risk management we increase the leverage back to its Max.