Bespoke Funding has shared its latest initiative aimed at forex traders, known as the “12% Challenge.”
Bespoke Funding has shared its latest initiative aimed at forex traders, known as the “12% Challenge.”
Here are the Highlights of the article “12% Challenge: Bespoke Funding New Opportunity for Traders”:
Bespoke Funding has shared its latest initiative aimed at forex traders, known as the “12% Challenge.” This innovative challenge provides an evaluation for traders to demonstrate their expertise in navigating the complexities of the forex markets while adhering to rigorous risk management practices.
At the heart of the 12% Challenge are objectives that balance profitability with stringent risk controls. Participants have to maintain an overall drawdown limit of 12%, ensuring that their trading strategies incorporate robust risk management techniques. Additionally, a 5% daily drawdown restriction is imposed, adding an extra layer of discipline and caution to daily trading activities.
The challenge is divided into two distinct phases, each with specific profit targets that progressively test the traders’ skills and adaptability. In Phase 1, traders must achieve a 9% profit target. Upon successful completion, they advance to Phase 2, where the goal is to attain a 6% profit target. This phased approach encourages strategic planning and the ability to adapt to changing market conditions.
To qualify for the funded phase of the challenge, traders must participate in a minimum of three trading days. This requirement ensures a level of consistency and commitment from participants. In return for their efforts, Bespoke Funding offers an attractive profit split of 85%.
The 12% Challenge is going to attract both novice and experienced traders looking to prove their mettle and earn substantial rewards in the competitive world of forex trading. Bespoke Funding’s structured approach aims to foster disciplined trading habits while offering lucrative opportunities for successful participants.
Here is the Bespoke Funding Review.
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