The 2-Step Challenge is designed to test and refine your trading skills in two phases. Successfully completing both phases without violating any trading rules will qualify you for a funded account.
2 STEP ELITE MODEL
Overview of All Steps
Step 1 Trading Objectives:
Achieve a 8% 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, you will automatically proceed to the next step.
Step 2 Trading Objectives:
Achieve a 5% profit target on Step 2 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 2 Step Standard Models have static drawdown.
Hard breach 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 – 4%
What is it?
The maximum daily loss allowed is 4% of your initial account balance.
How is it calculated?
At 00:00 UTC, we calculate the daily drawdown based on the higher value of either your account balance or equity. We subtract 4% of the initial account balance from this value to set the daily loss limit for the next trading day.
Examples:
$100K Account with $2,000 floating profit at 00:00 UTC:
Account equity is $102,000.
Daily loss limit: $102,000 - $4,000 = $98,000.
2. $100K Account with $2,000 floating loss at 00:00 UTC:
Account equity is $98,000, but the balance is $100,000 (higher value used).
Daily loss limit: $100,000 - $4,000 = $96,000.
Maximum Total Loss – 10%
What is it?
The maximum total loss allowed is 10% of your initial account balance. This includes all realized and unrealized losses.How is it calculated?
If your account equity, including any floating trades, falls below 90% of the initial balance, your account will breach.
Example:
For a $100,000 account:
Maximum total loss is 10% of $100,000 = $10,000.
Account equity, including unrealized losses, must not fall below $90,000.
Minimum Trading Days
There is a minimum trading period of 3 days, during which you must achieve at least 0.5% profit per day. These days also do not have to be consecutive, and any day with sufficient trading activity will count.
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.
Trade with our capital and keep 100% of the profit
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