FundingPips has officially announced the launch of its new evaluation model called 2 Step Flex. This program is designed to provide traders with more breathing room and superior flexibility from day one, allowing them to adapt their strategies to an environment with wider limits.
Technical Features of the Flex Model
The new challenge is structured into two evaluation phases before reaching the Master Account. Its main technical specifications include:
- Loss Limits: A 12% maximum total drawdown and a 4% daily loss limit.
- Profit Targets: A 10% target is required for the first phase and 6% for the second phase.
- Leverage: Available up to 1:100 for Forex pairs.
Flexibility and Trading Conditions
Unlike traditional evaluation models, the 2 Step Flex removes common restrictions to facilitate trader management:
- No Time Limit: There is no expiration date to meet the profit targets.
- No Minimum Trading Days: Users can progress to the next phase as soon as the target is reached.
- No Consistency Rules: Greater freedom is granted in execution and position management.
Profit Split and Account Sizes
Traders who pass the evaluation phases will start with an 85% profit split on a bi-weekly basis. There is an option to increase this split up to 95% through available add-ons. The challenge is available for account sizes of $5K, $10K, $25K, $50K, and $100K.
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