400K Hare Standard Challenge DX Trade

Description

The 400K Hare Standard Challenge DX Trade is tailored for aggressive traders aiming for rapid account growth with the potential to scale up to $3 million. This fast-paced challenge is structured across two phases and supports high leverage and flexible trading strategies.

Key Features:
Initial Funding: Start with a $400,000 funded account.
Profit Split: Keep 80% of the profits throughout the challenge.
Account Scaling: Progress without additional fees, targeting a final account potential of $3 million.
Profit Targets: Aim for a 10% profit in Phase 1 and 5% in Phase 2 to qualify for scaling.
Maximum Daily Loss: Cap your daily losses at 5% or $20,000.
Maximum Total Loss: Maintain total loss limits at 10% or $40,000 to manage risk effectively.
Trading Period: Minimum of 5 days trading in each of the initial phases, with no maximum limit, offering great flexibility.
Leverage: Take advantage of 1:100 leverage.
Trading Permissions: Use Expert Advisors (EAs), engage in news trading, and hold positions over the weekend.
Payout Frequency: Receive payouts every two weeks, ensuring regular returns.
Participation Fee: A $1,994 participation fee for Phase 1, which is refundable upon achieving the first profit split, with no additional fees for Phase 2.
Benefits:
Fast-Paced Trading Environment: Designed for quick results and minimal initial commitment, ideal for confident and decisive traders.
High Leverage and Trading Flexibility: Leverage extensive market exposure and a variety of trading strategies to maximize returns.
Seamless Scaling and Refundable Fee: Move from Phase 1 to Phase 2 seamlessly, with the initial fee refunded after the first profit split, emphasizing the reward for successful trading.
The 400K Hare Standard Challenge DX Trade offers a unique combination of speed, flexibility, and high profit-sharing for traders ready to engage in a high-stakes, dynamic trading environment. This challenge is perfect for those looking to aggressively expand their trading portfolio while managing risks smartly.
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